UCAS code: L140
Programme requirement: A level Mathematics is required. A level Economics is not essential. Further Mathematics taken at A level is strongly preferred and is seen as an additional or fourth subject. Thus a combination of Mathematics, Further Mathematics and one other subject is not seen as providing the required breadth of knowledge and skills. No other specific subjects are required at A level, but we prefer traditional academic subjects to subjects such as Communication Studies, Accounting, Business Studies or Media Studies
The Department only rarely admits students in the first year, as this is too early to be sure of commitment to a research career in economics. However, transfer to this programme from BSc Economics for the final honours year, with its demanding and rewarding dissertation, is welcomed for qualified candidates. In recent years there have been up to 10 such transfers. Students will be considered for transfer on the basis of demonstration of interest in research beyond the classroom as well as good results. Such research opportunities are encouraged from the first year in a group workshop open on a voluntary basis
Usual standard offer: For students taking three A levels: grades A* A A, with A* in Mathematics. For students taking four or more A levels: grades A*A A plus a pass in a fourth A level, with an A* in Mathematics. Students taking Further Mathematics to AS level only will be required to achieve grade A
International Baccalaureate: Diploma with 38 points including 7 6 6 at Higher level (with 7 in Mathematics)
Other qualifications are considered
For further details see lse.ac.uk/ug/apply/ecn
Applications 2014: 183
Third year students 2014: 5
Please note that not every course is available each year and that some courses may only be available with the permission of the course convenor and/or may be subject to space.
You can find the most up-to-date list of optional courses in the Programme Regulations section of the current School Calendar.
You must note however that while care has been taken to ensure that this information is up to date and correct, some circumstances may cause the School to subsequently change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to circumstances outside of its control. You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee places on its courses. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated undergraduate course and programme information page.
In the first year you will take compulsory courses in economics, mathematics and statistics. This is the foundation upon which the rest of your studies will be based. You have the choice of either Economics A or Economics B. Economics A provides a foundation in economics, primarily to those without significant background in the subject. Economics B is an introductory course in microeconomics and macroeconomics. 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. A fourth course may be chosen from the wide range of options offered by other departments across LSE.
Second and third years
The second year includes compulsory courses in both microeconomics (the study of households and firms) and econometrics (the study of statistical methods applied to economics). In addition, students have a choice between macroeconomics and a mathematics course, and between statistics and a course chosen from a long list of options from other departments. Principles of Econometrics is an intermediate-level introduction to the theory and practice of econometrics. Microeconomic Principles II covers areas similar to Microeconomic Principles I but with greater depth and a number of additional topics. You also have the choice of either Probability, Distribution Theory and Inference, which covers the probability, distribution theory and statistical inference needed for third-year courses or another outside option.
The third year gives opportunity for further specialisation, according to individual interests. Some students are more interested in the application of econometrics to economics research questions, some in applied econometrics, and others in theoretical econometrics. Students choose one or both of Econometric Theory and Problems of Applied Econometrics. Econometric Theory gives an introduction to the asymptotic theory of estimation and inference of economic models. Economic Theory and its Applications reviews fundamental concepts in economic theory and presents some of its most successful applications. Problems of Applied Econometrics provides a solid grounding in recent developments in applied econometrics. In addition, two other courses are chosen from a wide range taught by the Economics Department and other departments, notably Mathematics. Students also complete a dissertation in quantitative economics, on a research question of their choosing. Students are supervised by a member of staff and meet in a seminar to present their work in progress, an enjoyable and central element of the course. This quantitative project provides an excellent foundation for further academic study or a career in research, academia or, for example, in a central bank. Most BSc EME graduates go on to further study and a number have chosen to pursue a PhD.