Mathematics / Economics

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You are viewing this course for September start 2024

Mathematics is essential for an understanding of modern Economics. A degree combining these two strongly-related disciplines at Aberystwyth University gives you the opportunity to study and understand economics and mathematics at depth and will enable you to acquire the technical aptitude and analytical skills to proceed to a successful career in finance, business and many other fields, or to proceed to further study.

Course Overview

As a Mathematics and Economics student in Aberystwyth you will be taught the essential disciplines of algebra, calculus, mathematical analysis and statistics. The Economics element of this course will enable you to discover the economic issues that impact on every-day life including: the creation of employment, inflationary pressures, international trade issues, the process of business competition, innovation and growth, the development of third world countries, the protection of natural resources and government policy-making and provide you with a thorough grounding in Econometrics.

Why study Mathematics/Economics at Aberystwyth University?

• Mathematics has been taught at Aberystwyth since 1872, so that the department builds on over 140 years of teaching excellence.
• Economics is a vibrant and dynamic subject choice, in which to maximise your professional development we combine your studies with work experience and additional extra-curricular opportunities.
• Both departments are active research centres with committed teachers who directly use the results of this world class knowledge to provide you with cutting edge knowledge of their subjects.
• Our graduates are in high demand in industry with very positive graduate salary outcomes.
• Several modules are available through the medium of Welsh; for further details please check out the modules available on this course. 

Our Staff

All lecturers in the Department of Mathematics are qualified to PhD level and are research active. The majority have a postgraduate teaching qualification and new staff are required to complete the PGCTHE. The department also employs a number of part time tutors, with extensive teaching experience, and some student demonstrators, who are selected from our undergraduate and postgraduate students.

Students at the Aberystwyth Business School are taught by lecturers and other teaching staff who are active researchers and expert practitioners in their chosen subject area.

Over 75% of full time members of teaching staff are qualified to PhD level. Most are currently research active, meaning that students benefit from being taught ‘new’ knowledge in their chosen field of study as well as recognized literature. The School also employs part-time and full time staff devoted purely to teaching. Many part-time staff combine teaching duties with consultancy and business activities, ensuring that students have access not only to up to date research but the latest applied knowledge.

Modules September start - 2024

Please note: The modules listed below are those currently intended for delivery during the next academic year and may be subject to change. They are included here to give an indication of how the course is structured.


Module Name Module Code Credit Value
Algebra * MA10510 10
Calculus * MP10610 10
Data Analytics AB15220 20
Economic Theory and Policy AB13220 20
Further Algebra and Calculus * MP11010 10
Mathematical Analysis * MA11110 10
Probability MA10310 10
Statistics MA11310 10
Understanding the Economy AB13120 20


Module Name Module Code Credit Value
Complex Analysis * MA21510 10
Linear Algebra * MA21410 10
Macroeconomics: Theory and Policy Applications AB23220 20
Microeconomics Theory and Policy Applications AB23120 20


Module Name Module Code Credit Value
Applied Statistics MA26620 20
Distributions and Estimation MA26010 10
Introduction to Abstract Algebra MA20310 10
Real Analysis MA20110 10
Econometrics AB23420 20
Managerial Economics AB23320 20


Module Name Module Code Credit Value
Contemporary Issues in Economics and Policy AB33120 20
Growth, Development and Sustainability AB33420 20


Module Name Module Code Credit Value
Environmental Economics AB33220 20
History of Economic Thought AB33320 20

* Also available partially or entirely through the medium of Welsh


What can I do with a Mathematics/Business and Management degree?

This combination of subjects provides graduates with a diverse professional range of employment that includes:

  • Statistical analysis and computational statistics 
  • Government Economic Services 
  • Aeronautical Engineering 
  • HM Treasury 
  • Risk Analysis and actuarial work 
  • British Council
  • Information technology.

What opportunities are there at Aberystwyth University for me?

Employability is embedded across our teaching and tutoring to ensure that you are aware of, and build skills and competences, throughout your study time with us and can be explored here.

Enhance your employability prospects with GO Wales and YES (Year in Employment Scheme) managed by our Careers department.

On completion of this degree you will have gained skills in the following:
• Research and data analysis skills
• Enhanced mathematical and computational skills
• Innovative approaches to solving real-world problems
• Effective problem-solving and creative thinking skills
• The ability to work independently or as part of a team
• Time-management and organisational skills
• The ability to clearly communicate in both written and spoken forms
• Self-motivation and self-reliance.

Teaching & Learning

What will I learn? 

The breakdown below provides an illustration of what you might study during the three-year degree scheme. 

In your first year you will explore topics in: 

• Algebra and calculus 

• Economic principles 

• Probability and statistics 

• Mathematical analysis.

In your second and third years you will be able to choose from a range of modules on topics which might include: 

• Partial differential equations 

• Linear Algebra 

• Applied Statistics 

• Stochastic Models in Finance 

• Taxation 

• Development of Economics 

 • Policy implications of economic theory 


• Macroeconomic behaviour and systems

• Statistical modelling and mechanics 

• Development Economics  

• Economics of labour and industrial relations 

• International Trade and Trade Policy 

How will I be taught?

This degree is delivered through lectures, tutorials and practicals.
You will be assessed through a combination of coursework, presentations, reports and examinations.
You will be assigned a personal tutor throughout your degree course, who will help you with any problems or queries, whether these are academic-related or personal issues. You should feel free to contact them at any time for help and advice.

Further information:

You will also have the opportunity to complete a Personal Development Plan (PDP) at Aberystwyth. This is a structured process of self-appraisal, reflection, and planning, which will enable you to chart your personal, academic and professional development throughout your time at university. By recording your academic performance, and highlighting the skills you already have and those you will need for future employability, the PDP portfolio will equip you with the necessary tools to plan effectively, develop successful approaches to study, and consider your future career options and aspirations.

Typical Entry Requirements

UCAS Tariff 120 - 104

A Levels BBB-BCC to include B in Mathematics

GCSE requirements (minimum grade C/4):
English or Welsh and Mathematics

BTEC National Diploma:
DDM-DMM with B in A level Mathematics

International Baccalaureate:
30-28 with 5 points in Mathematics at Higher Level

European Baccalaureate:
75%-65% overall with 7 in Mathematics

English Language Requirements:
See our Undergraduate English Language Requirements for this course. Pre-sessional English Programmes are also available for students who do not meet our English Language Requirements.

Country Specific Entry Requirements:
International students whose qualification is not listed on this page, can check our Country Specific Entry Requirements for further information.

The University welcomes undergraduate applications from students studying the Access to Higher Education Diploma or T-level qualifications, provided that relevant subject content and learning outcomes are met. We are not able to accept Access to Higher Education Diplomas or T-levels as a general qualification for every undergraduate degree course.
Our inclusive admissions policy values breadth as well as depth of study. Applicants are selected on their own individual merits and offers can vary. If you would like to check the eligibility of your qualifications before submitting an application, please contact the Undergraduate Admissions Office for advice and guidance.

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