Degree Subject
Study Economics Abroad
Economics degrees study how societies allocate scarce resources, analysing individual behaviour (microeconomics) and overall economic performance (macroeconomics).Programmes combine economic theory with quantitative methods and data analysis, developing analytical thinking applicable across business, policy, and finance.Economics degrees are intellectually rigorous, emphasising mathematical modelling and empirical analysis, preparing you for careers in economics, finance, consultancy, policy, or research.
Entry Requirements
- A-Levels: AAA-AAB including Mathematics (essential at top universities)
- International Baccalaureate: 36-38 points with HL Mathematics
- Strong mathematical and analytical abilities
- Interest in how economies and markets function
- Minimum IELTS 6.5-7.0 for international students
- Critical thinking and problem-solving skills
- Economics A-level useful but not essential
Required High School Subjects
- Mathematics (essential for top universities - Grade A minimum)
- Further Mathematics (beneficial for LSE, Cambridge, Warwick)
- Economics A-level (useful but not required)
- Any subjects demonstrating analytical thinking
Personal Statement Tips
Your Economics personal statement should demonstrate genuine interest in economic issues and how economies work, engagement with economic news and current affairs (inflation, interest rates, trade policies), wider reading beyond A-level (economics books, journals, blogs), understanding of both microeconomic and macroeconomic concepts, awareness of major economic challenges (inequality, climate change, development), mathematical ability applied to economics, specific economic topics that fascinate you, relevant work experience or economics-related activities, and understanding of economics as analytical discipline. Avoid simplistic political statements - demonstrate nuanced economic thinking. Discuss economic events, policies, or theories that interest you.
Admissions Tests
TSA (Thinking Skills Assessment)
Required by Oxford for Economics and some joint honours programmes. Tests problem-solving and critical thinking, not economic knowledge.
Sections: Problem Solving (numerical and spatial reasoning) and Critical Thinking (argument analysis)
Interview Preparation
Economics interviews involve discussing economic concepts, analysing data, and problem-solving. Be prepared to discuss economic news and explain causes/effects, analyse graphs and data presented in interviews, solve economic problems using supply/demand or other frameworks, explain economic concepts you've mentioned in your statement, discuss economic policies and their trade-offs, demonstrate mathematical thinking applied to economics, show awareness of different economic schools of thought (Keynesian, Classical, Behavioral), and explain why you want to study economics. Practice thinking aloud through economic problems - show your reasoning, not just answers.
Top Universities for Economics
London School of Economics (LSE)
UK
A*AA including Mathematics
University of Cambridge
UK
A*A*A including Mathematics + Interview
University of Oxford
UK
A*AA including Mathematics + TSA + Interview
Harvard University
USA
SAT 1520+ or ACT 34+
MIT
USA
SAT 1530+ or ACT 35+
University of Warwick
UK
A*AA including Mathematics
Career Opportunities
Economist (Government, Central Banks)
Economic Consultant
Financial Analyst
Policy Adviser
Investment Analyst
Data Analyst
Economic Researcher
Management Consultant
Frequently Asked Questions
Do I need Economics A-level to study Economics at university?
How much mathematics is involved in economics degrees?
What is the difference between Economics and Business degrees?
What careers can I pursue with an economics degree?
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