Degrees and courses for international students
You are viewing information for England.  Change country.
Business charts and graphs photo

BSc (Honours) Economics and Mathematical Sciences

Graduates who understand the commercial and economic environment and who are also highly numerate are in short supply. If you enjoy solving problems and you’re interested in the practical application of economics and mathematics, this degree course could be what you’re looking for. It will give you a thorough grounding in mathematical, statistical and computational skills, and a sound knowledge of economic theory – together with a good understanding of economic issues.

Key features of the course

  • Explores fundamental questions about our physical and economic world
  • Teaches analytical and model building skills applicable to a variety of contexts
  • Develops essential skills to solve real problems and make sound judgments – from everyday choices about personal finances, to high-level strategic decisions in employment
  • Broadens your experience of using appropriate mathematical and statistical software 

Course Summary

Degree

Degree

  • Also known as an undergraduate or bachelors degree.
  • Internationally respected, universally understood.
  • An essential requirement for many high-level jobs.
  • Gain a thorough understanding of your subject – and the tools to investigate, think critically, form reasoned arguments, solve problems and communicate effectively in new contexts.
  • Progress to higher level study, such as a postgraduate diploma or masters degree.
Course code
Q15
Credits

Credits

  • Credits measure the student workload required for the successful completion of a module or qualification.
  • One credit represents about 10 hours of study over the duration of the course.
  • You are awarded credits after you have successfully completed a module.
  • For example, if you study a 60-credit module and successfully pass it, you will be awarded 60 credits.
360
How long it takes
Part time – 6 years
Full time – 3 years
Time limit – 16 years
Study method
Distance learning

Course details

This degree has three stages, each comprising 120 credits.

  • In Stage 1 you’ll be introduced to the basics of mathematics and statistics.
  • Next, in Stage 2, you’ll study modules covering economics, statistical analysis and mathematical methods.
  • Finally, in Stage 3, you’ll further advance your knowledge of statistics and economics and conclude your degree with a mathematics module chosen from a range of options.

Before you register it is essential to check that you have the mathematical skills to study at this level. See Am I ready? ;for a quiz to determine your mathematical level.

Optional Access module – visit Am I ready? to find out about starting this course with a preparatory Access module.

Stage 1 (120 credits)

Mathematics is a linear subject – it is important to have a good understanding of the basics before moving on to more advanced topics. You’ll begin with an introduction to key mathematical ideas, ideal if you’re not confident with algebra and trigonometry; if you haven’t previously studied mathematics to an advanced level; or if you haven’t studied mathematics for some time and need to refresh your skills.

We recommend that you study Stage 1 over two years as it provides the underpinning knowledge and skills needed for more advanced study at Stages 2 and 3.
ModulesCredits
You'll study all four of the following:
Discovering mathematics (MU123)30
You and your money (DB125)30
Essential mathematics 1 (MST124)30
Introducing statistics (M140)30
If you are confident about studying mathematics at university level and, in particular, have a good understanding of algebra and trigonometry, we offer an intensive start. You’ll begin by studying either Investigating the social world (DD103) or You and your money (DB125) and Fundamentals of accounting (B124). To complete Stage 1, you’ll study Introducing statistics (M140) and Essential mathematics 1 (MST124)

Stage 2 (120 credits)

At Stage 2, you’ll study three compulsory modules in which you’ll explore contemporary economics issues and theories, apply statistical concepts to a variety of situations; and find out how real-world problems are transformed into mathematical models. You’ll use specialised software to solve more difficult problems and to investigate case studies.
ModulesCredits
You'll study all three of the following:
Running the economy (DD209)60
Analysing data (M248)30
Mathematical methods (MST224)30

Stage 3 (120 credits)

Your study of statistics continues as you work on real problems and data using statistical software. You’ll also learn about the economic theories and techniques used to explain the behaviour of people in different contexts before carrying out a small project.

For your final module, you’ll choose from options covering advanced mathematical ideas, skills and methods in mathematics.

We regularly review our curriculum; therefore, the qualification described on this page – including its availability, its structure, and available modules – may change over time. If we make changes to this qualification, we’ll update this page as soon as possible. Once you’ve registered or are studying this qualification, where practicable, we’ll inform you in good time of any upcoming changes. If you’d like to know more about the circumstances in which the University might make changes to the curriculum, see our Academic Regulations or contact us. This description was last updated on 21 March 2018.


Accessibility

We make all our qualifications as accessible as possible and have a comprehensive range of services to support all our students. The BSc (Honours) Economics and Mathematical Sciences uses a variety of study materials and has the following elements:

  • a mixture of printed and online material – online learning resources may include websites, audio/video media clips, and interactive activities such as online quizzes
  • using mathematical and scientific expressions, notations and associated techniques
  • using technology for research purposes involving access to catalogues and databases online
  • continuous and end-of-module assessment in the form of essays, short answer questions, and in some cases an examination
  • using feedback: continuous assessment involves receiving detailed feedback on your work from your tutor and using this feedback to improve your performance
  • engagement with learning and assessment within a pre-determined schedule or timetable – time management will be needed during your studies and the University will help you to develop these skills throughout your degree
  • some modules may require you to use specialist software

For more detailed information, see the Accessibility Statements on individual module descriptions. If you feel you may need additional support with any of the elements above, visit our disability page to find more about what we offer. Please contact us as soon as possible to discuss your individual requirements, so we can put arrangements in place before you start.


Learning outcomes, teaching and assessment

This qualification develops your learning in four main areas:

  • Knowledge and understanding
  • Cognitive skills
  • Practical and professional skills
  • Key skills

The level and depth of your learning gradually increases as you work through the qualification. You’ll be supported throughout by the OU’s unique style of teaching and assessment – which includes a personal tutor to guide and comment on your work; top quality course texts; e-learning resources like podcasts, interactive media and online materials; tutorial groups and community forums.

Read the detailed learning outcomes here

Credit transfer

If you have already studied at university level, you may be able to count it towards your Open University qualification – which could save you time and money by reducing the number of modules you need to study. At the OU we call this credit transfer.

It’s not just university study that can be considered, you can also transfer study from a wide range of professional or vocational qualifications such as HNCs and HNDs.

You should apply for credit transfer before you register, at least 4 weeks before the registration closing date. We will need to know what you studied, where and when and you will need to provide evidence of your previous study.

For more details of when you will need to apply by and to download an application form, visit our Credit Transfer website.


Classification of your degree

On successfully completing this undergraduate course, you'll be awarded the BSc (Honours) Economics and Mathematical Sciences degree. You'll have the opportunity to attend a degree ceremony.

The class of degree (first, upper second, lower second or third class honours) depends on your grades at Stages 2 and 3.

Recognition in your country

If you intend to use your Open University qualifications to seek work or undertake further study outside the UK, we recommend checking whether your intended qualification will meet local requirements for your chosen career. Read recognition in my country.

Regulations

As a student of The Open University, you should be aware of the content of the qualification-specific regulations below and the academic regulations that are available on our Student Policies and Regulations website. 

Compare this course

Entry requirements

There are no formal entry requirements to study this qualification, but it is very important that you are well prepared to study mathematics at this level.

Before you register for this qualification, it is essential to check that you have the appropriate mathematical skills.

Take a look at our Maths Help study resources to brush up your mathematical skills in preparation for our Are you ready? quiz.

If you can answer most of the questions, or could do them with a quick reminder (because the topic is familiar to you but you can’t quite remember the details), then you are ready.

If you achieved a very high score, our intensive start route may be an option for you. First complete our intensive start Are you ready? quiz to check if you have the necessary experience and confidence with mathematics.

If you would like more advice and guidance about where to start, please visit our MathsChoices website.

How much time do I need?

  • Most of our students study part time, completing 60 credits a year.
  • This will usually mean studying for 16–18 hours a week.

Counting previous study

You could save time and money by reducing the number of modules you need to study towards this qualification, if you have:

  • already studied at university level (even if you didn't finish your studies)
  • other professional or vocational qualifications such as HNCs and HNDs

Find out more about credit transfer

Your next step

Call us on +44 300 303 0266 or book a call back. Our friendly team of advisers will discuss your study options with you, and help you decide on the best starting point for you. 

In this section:
How much will it cost?
Ways to pay for your qualification and other support

How much will it cost in England?

We believe cost shouldn’t be a barrier to achieving your potential. That’s why we work hard to keep the cost of study as low as possible and have a wide range of flexible ways to pay to help spread, or even reduce, the cost.

  • Fees are paid on a module-by-module basis – you won't have to pay for the whole of your qualification up front.
  • A qualification comprises a series of modules, each with an individual fee. Added together, they give you the total cost.
  • If, like most OU students, you study part time at a rate of 60 credits a year, you'll take six years to complete an honours degree.
  • Our current fee for 60 credits is £2,928*.
  • Our current fee for 120 credits – which is equivalent to a year's full-time study – is £5,856*.
  • At current prices, the total cost of your qualification would be £17,568*.
  • .

*The fee information provided here is valid for modules starting before 31 July 2019. Fees normally increase annually in line with inflation and the University's strategic approach to fees.


Skills for career development

On completion of this degree course you’ll be able to construct economic, statistical and mathematical arguments with appropriate and critical use of concepts, theories, models and evidence. You’ll also learn to use modern mathematical and statistical software, and how to carry out a research project using appropriate research methods. These skills are all in great demand in the workplace, and many are highly transferable and applicable to a variety of situations – whether you’re already working, volunteering or changing career.

Career relevance

Opportunities can be found across all sectors and in a number of occupations. Education, central and local government, finance, health and social care, law, the media, public services, campaigning and research are popular career choices.

Other careers include:

  • banking
  • politics
  • journalism and broadcasting
  • teaching
  • social work
  • accountancy
  • business management
  • advertising and marketing.

Other careers

Many graduate-level jobs are open to graduates of any discipline, particularly in business, finance, management consultancy and the public sector. Some careers may require further study, training and/or work experience beyond your degree.

In addition to improving your career prospects, studying with the OU is an enriching experience that broadens your horizons, develops your knowledge, builds your confidence and enhances your life skills. 

Exploring your options

Once you register with us (and for up to three years after you finish your studies), you’ll have full access to our careers service for a wide range of information and advice – including online forums, website, interview simulation, vacancy service as well as the option to email or speak to a careers adviser. Some areas of the careers service website are available for you to see now, including help with looking for and applying for jobs. You can also read more general information about how OU study enhances your career.

In the meantime if you want to do some research around this qualification and where it might take you, we’ve put together a list of relevant job titles as a starting point (note that most careers will require further study, training and/or work experience beyond your degree):

  • teacher
  • journalist
  • chartered accountant
  • social worker
  • economist
  • politician
  • advertising account manager
  • actuary
  • engineer
  • statistician
  • risk analyst
  • public administrator
  • research scientist
  • lecturer
  • corporate investment banker.


Register for this course

Start dates
Credit transfer: apply by 16/08/2018
Credit transfer: apply by 06/12/2018

Download a brochure

Our brochures are your essential guide to studying with us, covering courses, fees and funding, career prospects and more.

Download brochure