This unique joint degree, administered by some of the world’s top departments in philosophy and economics, allows you to study foundational and philosophical questions alongside your core courses in economics.
If you’re interested in an economics degree, but would like to take your thinking to a deeper philosophical level, then this degree may be a good fit for you. For more information and admissions data, see the LSE Programme Description and the Official Programme Regulations.
The First Year
|Economics A or Economics B|
|Reason, Knowledge and Values: An Introduction to Philosophy|
|LSE100 (Lent term only)|
|Either:||1) Quantitative Methods, Mathematics (1/2 unit)||Or:||1) Mathematical Methods|
|2) Quantitative Methods, Statistics (1/2 unit)||2) Elementary Statistical Theory|
In your first year, you take a core course in economics and a core course in philosophy. Economics B gives you a thorough grounding in basic micro- and macroeconomic analysis. Reason, Knowledge and Values gives a critical introduction to some of the central problems and classic texts of philosophy. You can then take either two half-course units of mathematics and statistics (in order to master the basic skills that you will need for core second and third year economics courses), or a full unit of mathematics and a full unit of statistics (in order to provide yourself with a more comprehensive basis for advanced economics courses in your later years).
If you choose to take the two half-course units of mathematics and statistics, you complete your first year by taking Logic. This course introduces the basic system of modern formal logic that underlies good reasoning and computing, including propositional logic, predicate logic and the theory of identity. If you take the full units of mathematics and statistics, then you take Formal Methods of Philosophical Argumentation in the second year.
Quantitative Methods (Mathematics) is a basic course in Mathematics for students who have at least an AS-level in Mathematics, or equivalent. Quantitative Methods (Statistics) develops the elementary statistical tools necessary for further study in management and economics with an emphasis on the applicability of the methods to management and economic problems. Mathematical Methods is an introductory level course for those who wish to use mathematics seriously in social science, or in any other context. Elementary Statistical Theory provides a precise and accurate treatment of introductory probability theory, statistical ideas, methods and techniques.
The Second Year
|Either Formal Methods of Philosophical Argumentation (must be taken if logic not taken in first year) or a philosophy option from the list below|
|Either Microeconomic Principles I or Microeconomic Principles II|
|An approved philosophy option|
|LSE100 (Michaelmas term only)|
In the second year you take Formal Methods of Philosophical Argumentation or an approved philosophy option. In Formal Methods of Philosophical Argumentation you will cover deductive logic and probability, as well as being introduced to formal philosophical devices such as the notions of analyticity and aprioricity; possiblity and necessity; and conditionals. You then have the choice of either Microeconomic Principles I or Microeconomics Principles II which deals with the study of households and firms as well as Macroeconomic Principles II, which examines the study of employment inflation and the balance of payments. You also study an approved philosophy option.
The Third Year
|Philosophy of Economics|
|Either an approved course taught outside the Departments of Philosophy and Economics or an approved economics or philosophy option|
|An approved economics option|
|An approved philosophy option|
In the third year you take Philosophy of Economics, which includes Welfare Economics and Markets and Morals. Finally you choose one approved economics option and one approved philosophy option.
Please note that where Philosophy degree programmes permit “options”, these must be selected from amongst courses at LSE. In general, only courses administered by LSE count towards our degree programmes.
This information is provided for guidance only. The definitive statement of all of the School’s regulations can be found on the LSE Calendar.