The Open University
Economics (R30) BA (Hons)
The Open University

Course modalities offered

Key Course Facts

Course Description

Economic considerations play an important role in our personal lives and influence key social and political issues such as government policy, international trade, business decisions, work and climate change. Studying this degree, you'll learn economic concepts, theories and techniques that will enable you to understand real world problems and help you make more informed decisions in your own life. You'll be able to specialise in an area of economics and carry out a project on a topic of your choice. The analytical skills and statistical techniques that this degree develops are highly valued by employers.

Key features of the course

  • Use macroeconomic and microeconomic theories to analyse key real-world topics in society, such as employment, markets and businesses, finance, new technology and government policy.

  • Study econometrics, applying statistical methods to real economic problems and use specialised software.

  • Develop skills in analytical thought, research, numeracy and data analysis that make economists highly sought after by employers.

  • Carry out an economic research project on a topic of your own choice.

Student Reviews

Below you can see course specific reviews for 127 graduates of Economics (R30) BA (Hons) at The Open University for each of the survey questions in comparison to the average for all UK degree courses in Economics.

Overall student satisfaction
85 /100
127 total respondents

Primarily based on data from undergraduate degree students.

Salary

Salary of all UK Graduates of Economics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £28084 £30517 £40298
25-75 percentile range £23532 - £34157 £23437 - £40572 £28271 - £54860

Entry Requirements / Admissions

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

Do you not fulfill the minimum requirements in terms of UCAS score, A levels, or English language requirements?
Get advice on which foundation courses are best for you to still be able to join Economics (R30), BA (Hons).

Visa Requirements for International Students

Visa requirement

All international students (including citizens from EU countries) intending to study this or any other academic programme for more than 6 months in the UK require a Student Visa.

International students younger than 18 years require a special Child Student Visa. Exceptions from this general rule may apply to holders of other UK work visas, British National Overseas visa, family member visa and recognised refugees or asylum seekers.

Permission to work while studying

The Open University is listed by the UK government as an institution licensed to sponsor migrant students.

Student visa holders from licensed institutions are entitled to work during their full-time bachelor's, master's or Phd studies for
- 20h/week during the term
- Full-time outside term time (e.g. vacations, work placements, once course ended)

After completion of a bachelor's or master's programme of at least 12 months Student Visa holders of licensed institutions can convert their visa into a Graduate Visa which entitles graduates to work for 2 years in the UK.

Costs

Average student cost of living in UK

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

University Rankings

Positions of The Open University in top UK and global rankings.

See all university rankings of The Open University

What students say about studying Economics in the UK?

  • day in my life as a UCL economics student
  • WHAT AN ECONOMICS DEGREE IS LIKE!
  • MOVING BACK TO THE LONDON SCHOOL OF ECONOMICS! // UNIVERSITY MOVING VLOG 2021
  • studying economics in the UK | why econs, what is it like, career prospects, regrets...
  • a day in the life of an economics student
  • A Day in the Life of a Princeton Economic Student
  • The Economics Major at UChicago: academics, career prospects, vs. other schools + more!

About The Open University

The Open University was established in 1969 in Milton Keynes, and it’s the largest university in the UK for undergraduate education. The OU is among the most prestigious distance-learning institutions in the United Kingdom, enjoying numerous awards and accreditations, including Triple Crown status for their Business School.

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Where is this programme taught

Distance Learning
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