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Economics at Cambridge gives you an understanding of core, pure and applied economics.
Study a range of different topics, including supply and demand, the role of prices and markets, employment, inflation, the operation of financial institutions and monetary policy.
Economics at Cambridge
Our course provides a sound understanding of core, pure and applied economics.
You study economics in considerable depth, while also using ideas and techniques from many other disciplines including:
- mathematics
- statistics
- history
- sociology
- politics
Facilities and resources
Past and present Faculty members, such as Alfred Marshall and John Maynard Keynes, have played a major role in the subject's development.
Several members of our Faculty have been awarded the Nobel Prize in Economics, including Sir John Hicks, James Meade, Sir Richard Stone, Sir James Mirrlees and Amartya Sen.
We are committed to using economics to improve public policy. Recent staff have been active on the Monetary Policy Committee of the Bank of England the Competition Commission.
They also advise international agencies such as the United Nations, World Bank, International Monetary Fund and Organisation for Economic Co-Operation and Development.
Our Faculty of Economics facilities include:
- access to an extensive range of statistical databases and software
- the Marshall Library of Economics, which holds a comprehensive collection of books, journals and other papers in economics
- the student-run Marshall Society, which organises social events and informal lectures from distinguished visiting speakers
You'll also have access to the impressive Cambridge University Library, one of the world's oldest university libraries.
As an Economics graduate, you will communicate well. You will have the skills to understand complex arguments and analyse practical issues and data.
These skills are valuable in many careers, particularly professional, financial and managerial occupations. They also provide a helpful foundation for many Master⿿s degree courses.
Many graduates go on to professional training in:
- chartered accountancy
- actuarial work and similar fields
Other graduates go on to work as professional economists in:
- financial institutions
- industry
- government and management consultancy
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What Economics students have studied
- Most Economics students (who had studied A levels and started at Cambridge in 2018, 2019 and 2023) achieved at least A*A*A* (80% of entrants).
Most had studied:
- Economics (93%)
- Further Mathematics (93%)
- or both (90%)
The majority of students who studied IB achieved at least 44 points overall.
Check our guidance on choosing high school subjects. You should also check if there are any required subjects for your course when you apply.
Apply for partial scholarships
As an Economics graduate, you will communicate well. You will have the skills to understand complex arguments and analyse practical issues and data.
These skills are valuable in many careers, particularly professional, financial and managerial occupations. They also provide a helpful foundation for many Master⿿s degree courses.
Many graduates go on to professional training in:
- chartered accountancy
- actuarial work and similar fields
Other graduates go on to work as professional economists in:
- financial institutions
- industry
- government and management consultancy
Year 1 (Part I)
You get an introduction to the subject, a common core of knowledge which can subsequently be extended.
You take 5 compulsory papers:
- Microeconomics
- Macroeconomics
- Quantitative Methods in Economics, an introduction to the use of mathematical and statistical techniques in economics
- Political and Social Aspects of Economics
- British Economic History
These papers cover topics such as:
- supply and demand
- the role of prices and markets
- employment
- inflation
- the operation of financial institutions
- monetary policy
Year 2 (Part IIA)
You take 3 compulsory papers:
- Microeconomics
- Macroeconomics
- Theory and Practice of Econometrics I
You also take one optional paper, chosen from:
- International Trade and Development
- Mathematics and Statistics for Economists
- Labour
- Modern Societies
- The Modern State and its Alternatives
- International Conflict, Order and Justice
- History and Philosophy of Economics, also available as an optional paper in the third year
- World Depression in the Interwar Years
Through these papers you:
- acquire a knowledge and understanding of a range of key topics and analytical techniques in microeconomic and macroeconomic theory
- develop knowledge of key econometric techniques
- learn the IT skills needed to undertake a project in applied econometrics
Year 3 (Part IIB)
You take 2 compulsory papers:
- Microeconomic Principles and Problems
- Macroeconomic Principles and Problems
You also take 2 optional papers and write a compulsory dissertation of 7,500 words.
Optional papers can vary from year to year. Recent examples include:
- Economic Theory and Analysis
- Political Economics
- Banking and Finance
- Public Economics
- The Economics of Developing Countries
- Industry
- Theory and Practice of Econometrics II
- Global Capitalism
- International Trade and Development
- History and Philosophy of Economics, also available as an optional paper in the second year
- World Depression in the Interwar Years
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