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Economics (JH)

B.A. ; 4 years full-time ; 43 places ; CAO points: 498-565 (2018)

What is Economics?

Any society has to address the problem of how and what to produce for its material survival, and how the goods and services that are produced should be distributed among its population. Economists explore how people and institutions behave and function when producing, exchanging and using goods and services. Economists’ main motivation is to find mechanisms that encourage efficiency in the production and use of material goods and resources, while at the same time producing a pattern of income distribution that society finds acceptable.

Economics: The course for you?

Economics will appeal to students with a wide range of interests. If you are interested in current economic affairs or in understanding how public policies could lower unemployment or assist the developing world, then you will find studying economics both stimulating and rewarding. Economics is also a strong platform for careers in business and finance. Students who enjoy abstract thinking, and are evaluating courses such as engineering or physics, should also consider economics as a degree option.

Economics @ Trinity

In the 2018 QS rankings Trinity was ranked in the top 150 universities in the world for Economics and Econometrics.

The Department places considerable emphasis on providing a supportive and stimulating teaching environment for all students. In addition to lectures, which are given by highly qualified academic staff with an international reputation, the Department facilitates learning through interested approachable staff, small tutorial groups, student presentations and involvement, teaching assistants assigned to many modules, time set aside each week by all staff and teaching assistants to deal with any student difficulties on a one-to-one basis and involvement in societies and debates and in the publication of the ‘Student Economic Review’, allowing students to gain valuable experience.

Graduate skills and career opportunities

Economics students develop exceptional logical reasoning and analytical skills which are highly sought after by employers in a range of fields including business, finance, journalism, law, politics, the public service and academia.

The following are just a few examples of the diverse organisations where Economics graduates work:

Dublin Web Summit, Abbott, Goldman Sachs, Google, Credit Suisse, Citigroup, JP Morgan, Accenture, Morgan Stanley, Irish Life, Wolfhound Press, Maersk, Central Bank of Ireland, KPMG.

About a third of Economics graduates go on to postgraduate study, both at Trinity and at other leading universities around the world such as Stanford, Oxford, Cambridge and the London School of Economics.

Your degree and what you’ll study

Most of the teaching takes place at lecture level and is complemented by tutorials (small group teaching).

In the first two years, teaching emphasises the understanding of the basic principles of economics and the acquisition of the quantitative and analytical skills necessary for more in-depth study. The student will also receive instruction on how the modern economy works both from an Irish and a global perspective. In third and fourth year, there are very few compulsory modules. Students are therefore able to construct their own programme from a wide range of options.

All modules in the first three years are assessed by a combination of continuous assessment (tests or essays) and the formal end-of-semester examinations. Fewer modules are required in the fourth and final year so as to facilitate time for more independent work. Project work is a very important component of almost all modules within the final year; this project work allows students to achieve a very high level of expertise in a number of specific areas and is very beneficial to students when setting out on their career paths. In addition, students specialising exclusively in economics in fourth year complete a Capstone project on a chosen topic.

FIRST AND SECOND YEARS

First Year

Introduction to Economics, Mathematics and Statistics, Introduction to Economic Policy and a selection of optional modules.

Second Year

Intermediate Economics, Economy of Ireland, Mathematical and Statistical Methods.

THIRD AND FOURTH YEARS

Some of the modules which may be available to study are:

Economics Analysis; Money and Banking; European Economy; Economics of Less Developed Countries; Investment Analysis; Economics of Policy Issues; Industrial Economics: Competition, Strategy and Policy; Mathematical Economics; Econometrics; Economic Theory; World Economy; Development Economics; Economics of Financial Markets; International Economics; Economic and Legal Aspects of Competition Policy; Applied Economics; History of Economic Thought and Ideology; Topics in Political Economy.

ASSESSMENT

A combination of final examinations and continual assessments (e.g. essays, projects, term tests).

CAPSTONE

In your final year of study, you will undertake a Capstone project – an independent research project which comprises an in-depth investigation of a specific area of scholarship. The Capstone project is a catalyst to enable you to reflect on your learning from the programme as a whole and to demonstrate your ability to think independently, communicate effectively, develop continuously and act responsibly as you transition to the world of work or to postgraduate studies.

Study abroad and internship opportunities

Students have the opportunity to spend some time in their third year studying in distinguished partner institutions in Australia, France, Belgium, Germany and the Netherlands for either an academic year or for half an academic year; the majority of outgoing students go abroad for half an academic year.

Further information on the year abroad programme, and a list of partner universities, can be found at: www.tcd.ie/economics/undergraduate/current/study-abroad/

Student profiles:

www.tcd.ie/economics/undergraduate/testimonials

www.facebook.com/sspalumni

Emmet Kearns, Economics and Mathematics 2017 graduate, Hedge Fund Associate Analyst

“I chose to study Mathematics and Economics at Trinity, hoping to strike a balance between theory and application. The course more than delivered – in years one and two, the degree offered an incredibly wide theoretical base which allowed students to discover where their interests really lie. In the final two years, I was then able to begin selecting more specialist modules, focusing on areas of interest such as Statistics, Data Science, Game Theory and Spatial Economics.

To me, the greatest competitive advantage of the course was the focus on writing novel research papers across my third and fourth years, providing a huge head start in academic research while pushing us to ask novel questions, tie together economic theory and empirical research at an early stage and focus on being creative in our approach. Supporting this, the professors (particularly those in the Economics department) were unrivalled in their commitment to students.

Since graduating, I have been pursuing a one-year MPhil at the University of Cambridge where I am using machine learning techniques to model long-run city development and simulate alternate urban realities in order to better understand the importance of path dependence following historical events and policy decisions, long after their initial shock. After graduating this summer, I will be joining a hedge fund in New York. My time as an undergraduate at Trinity has prepared me incredibly well for both of these roles and I am extremely grateful to my professors and subject departments for their four years of teaching and dedication.”

Course Options

Economics is studied as a Joint Honours subject with one of the following options:

*See language options and requirements

Related courses

TR015: P.P.E.S.TR081: B.E.S.S.

Course Details

Award

B.A.

CAO Points Required

498-565 (2018)

Number of Places

43

Minimum entry points required are 498-565 (2018)
More information on minimum entry points

Admission Requirements

For general admission requirements please click here

Leaving Certificate

O4/H6

Mathematics

GCSE:

Grade B

Mathematics

 

Get In Touch

Telephone Number

+353 1 896 1043

econsec@tcd.ie

Website

http://www.tcd.ie/Economics