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An image to illustrate the BA (Honours) Economics
Discover how economics shapes every area of society – from the choices we make at home to the decisions driving governments, businesses and global trade. In our Economics degree, you’ll gain the skills to analyse real-world problems and apply economic ideas to the issues that matter to you. Discover how economies rise, fall and recover. Explore how markets work, get to grips with data and boost your own budgeting and money management skills along the way. With a focus on building your career-ready skills, you can shape this degree around the topics that interest you most.
We also offer a Diploma of Higher Education in Economics (W71) that is the same in structure as the first two-thirds of this degree and a Diploma in Economics (V13) that uses two modules from OU levels 2 and 3.
This economics degree has three stages, each comprising 120 credits.
Our modular study approach gives you the flexibility to complete your qualification at a pace that fits around your life. Whether you prefer a fast track or want to work at a slower rate, you can tailor your study plan to suit your needs.
At Stage 1, you’ll be introduced to economic, mathematical and statistical methods and theories that will provide a solid grounding for study at Stage 2. Various approaches to economics will be taught in a historical context and with a specific focus on managing your personal finances.
ModulesCreditsStart month
You'll study the following:
You and your money (DB125)30Oct | Feb
Economics in context (DD126)30Oct | Feb
Discovering mathematics (MU123)30Oct | Feb
Introducing statistics (M140)30Oct | Feb

At Stage 2, you'll explore contemporary economic issues using microeconomic and macroeconomic theories, apply statistical concepts to a variety of situations using specialised software, and learn more about the application of economics to financial issues.
ModulesCreditsStart month
You'll study the following:
Essential economics: macro and micro perspectives (D217)60Oct
Analysing data (M248)30Oct
Economics in practice (DD226)30Oct

At Stage 3, you'll study more core economics theory and techniques. You'll also learn more about econometrics and the application of advanced statistical techniques to analysing economic data. You'll be able to specialise in an area of economics of your own choice and carry out a small research project.
ModulesCreditsStart month
You'll study the following:
Doing economics: inequalities, innovation and environment (DD320)60Oct
Economics for a changing world (DD321)30Oct
Applied statistical modelling (M348)30Oct

You can complete this degree in as little as three years by studying at a pace equivalent to full-time. That’s 120 credits per year. To complete in three years, you’ll need to start your degree in October.
Don't worry if your circumstances change. You don’t have to stick to a full-time study pace. You can change the pace of your learning each year depending on what's right for you.

ModulesCreditsStart month
Stage 1 | Year 1
You'll study the following:
You and your money (DB125)30Oct | Feb
Economics in context (DD126)30Oct | Feb
Discovering mathematics (MU123)30Oct | Feb
Introducing statistics (M140)30Oct | Feb
Stage 2 | Year 2
You'll study the following:
Essential economics: macro and micro perspectives (D217)60Oct
Analysing data (M248)30Oct
Economics in practice (DD226)30Oct
Stage 3 | Year 3
You'll study the following:
Doing economics: inequalities, innovation and environment (DD320)60Oct
Economics for a changing world (DD321)30Oct
Applied statistical modelling (M348)30Oct

You can complete this degree in six years by studying part-time. That's one 60-credit module or two 30-credit modules each year.

ModulesCreditsStart month
Stage 1 | Year 1
You'll study the following:
You and your money (DB125)30Oct | Feb
Economics in context (DD126)30Oct | Feb
Stage 1 | Year 2
You'll study the following:
Discovering mathematics (MU123)30Oct | Feb
Introducing statistics (M140)30Oct | Feb
Stage 2 | Year 3
You'll study the following:
Essential economics: macro and micro perspectives (D217)60Oct
Stage 2 | Year 4
You'll study the following:
Analysing data (M248)30Oct
Economics in practice (DD226)30Oct
Stage 3 | Year 5
You'll study the following:
Doing economics: inequalities, innovation and environment (DD320)60Oct
Stage 3 | Year 6
You'll complete your degree with the following:
Economics for a changing world (DD321)30Oct
Applied statistical modelling (M348)30Oct

By studying this degree, you’ll:
You’ll be supported throughout by tutors, high-quality learning materials, online tutorials, and regular feedback.
You’ll be awarded a BA (Honours) Economics upon successful completion.
Your honours classification (first, upper second, lower second or third class honours) will depend on the grades you gain at Stages 2 and 3. 
You'll also have the opportunity to attend a degree ceremony.
If you plan to work or study outside the UK, we recommend checking whether this qualification meets local requirements. Find out more about the international recognition of Open University qualifications.
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.
We regularly review our curriculum to keep it up to date. This means the structure, availability, and content of the course or modules may change. We’ll update this page as soon as possible if there are any changes. If you have already registered for this qualification, we’ll inform you in good time of any upcoming changes where practicable. For more details, see our Academic Regulations or contact us.
You can achieve this degree in as little as three years and have a maximum of 16 years to complete it. Our module-by-module approach gives you the flexibility to complete your qualification at a pace that works best for you.
You can complete this degree in three years by studying at a pace equivalent to full-time. That’s similar to a student at a campus-based university.
You can complete this degree in six years by studying part-time. That’s roughly half the rate of a student on a full-time course at a campus-based university.
At the OU, flexibility and support go hand in hand. You’ll be in control of when and where you study, with clear deadlines to guide your progress. Whether you’re balancing work, family or other commitments, our approach helps you fit learning into your life. Students consistently praise the support we provide, and from the very start, you’ll be part of a vibrant OU learning community.
As you progress through your qualification, you’ll have access to a dedicated online study space, expert tutor guidance, optional live tutorials, and a wide range of resources to help you succeed. The sections below outline what you can expect.
Your module website will be a central hub for your learning, giving you easy access to:
Discover how the OU’s module websites, course materials, and support tools help you study online with confidence.
Each module has a dedicated tutor who will guide you through your studies. They’ll provide feedback, help you find resources, mark your assignments and support your learning journey.
For extra support, you can attend optional live tutorials with your tutor. These are usually conducted online, and most are recorded so you can review them later.
See how OU tutors and tutorials help you build confidence, connect with others, and get the support you need to succeed in your studies.
Our assessments reinforce what you’ve learned and show your understanding. Assessment types vary by module and may include:
Throughout your studies, you’ll have access to a wide range of support services and be part of a vibrant learning community. Our subject-specific Student Support Teams can help with general queries and any updates to your OU account. You’ll also benefit from:
Discover the support network and learning tools you'll have access to throughout your studies.
There are no formal entry requirements for this qualification.
It is important that you are well prepared to study mathematics at this level. So, before you register for this qualification, it is essential to check that you have the appropriate mathematical skills to study Discovering mathematics (MU123).
Take a look at our Maths Help study resources to brush up on your mathematical skills in preparation for our self-assessed 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'd like some advice and guidance about your ability to study this qualification, please talk to an advisor.
If you’ve studied at university level before, you may be able to transfer the academic credit you've been awarded towards an OU qualification. This could save you time and money by reducing the modules you need to study.
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 to transfer credit before registering, at least four 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 and to download an application form, visit our Credit Transfer website.

6 years
£4,088*
A degree is worth 360 credits. The fee per year is based on studying 60 credits per year for 6 years.
£24,528*
Our qualifications cost less than equivalent-level qualifications offered at campus-based universities.
Compare the cost of studying at the OU with other campus-based universities in England.
Honours Degree
Honours Degree
Total cost at campus university*
Total cost at campus university*
£29,370
£29,370
Total cost at The Open University**
Total cost at The Open University**
£24,528
£24,528
Saving with The Open University
Saving with The Open University
£4,842
£4,842
Diploma of Higher Education
Diploma of Higher Education
Total cost at campus university*
Total cost at campus university*
£19,580
£19,580
Total cost at The Open University**
Total cost at The Open University**
£16,352
£16,352
Saving with The Open University
Saving with The Open University
£3,228
£3,228
Certificate of Higher Education
Certificate of Higher Education
Total cost at campus university*
Total cost at campus university*
£9,790
£9,790
Total cost at The Open University**
Total cost at The Open University**
£8,176
£8,176
Saving with The Open University
Saving with The Open University
£1,614
£1,614
Qualification
Qualification
Total cost at campus university*
Total cost at campus university*
Total cost at The Open University**
Total cost at The Open University**
Saving with The Open University
Saving with The Open University
Honours Degree
Honours Degree
£29,370
£29,370
£24,528
£24,528
£4,842
£4,842
Diploma of Higher Education
Diploma of Higher Education
£19,580
£19,580
£16,352
£16,352
£3,228
£3,228
Certificate of Higher Education
Certificate of Higher Education
£9,790
£9,790
£8,176
£8,176
£1,614
£1,614
*Based on maximum chargeable fees for the 26/27 academic year.
**The fee information provided here is valid for modules starting before 31 July 2027. Fees typically increase annually. In England, fees are subject to the part-time fee limit, as set out in section 5 of the University's Fee Rules.
Your course fees cover your tuition, assessment and study materials, but there are still a few additional costs that can come with studying. For this qualification, you'll need:
*The fee information provided here is valid for modules starting before 31 July 2027. Fees typically increase annually. In England, fees are subject to a fee limit, as set out in the University's Fee Rules.

Over 85% of our students in England fund their studies with a Tuition Fee Loan, meaning they pay nothing upfront.
Repay in monthly instalments while you study.
Pay for each module with a debit or credit card in one quick, simple payment.
More than 1 in 10 OU students are sponsored by their employer.
Combine your payment options to fund your studies the way you want.
If you’re a serving member of the British Armed Forces (or you’ve recently left), you may be eligible to use ELCs to cover up to 100% of your course fees.
You may be eligible for:
This degree will equip you with the knowledge and skills in economics and statistics needed for a range of jobs. You’ll learn how to use statistical methods and software to analyse economic data; how to construct economic arguments using concepts, theories, models and evidence; how to think analytically and critically; how to work collaboratively; and how to carry out independent research. These highly transferable skills are in great demand in the workplace, and are relevant to a great variety of situations – whether you’re already working, volunteering or changing career.
Economics graduates are in demand and usually work in well paid and attractive jobs. They successfully apply their knowledge and skills in many different jobs in government, business, accountancy, banking, economics, data analysis, financial analysis, insurance, management and administration, consultancy, the voluntary sector and teaching.
Many graduate-level jobs are open to graduates of any discipline, particularly in business, finance, management consultancy and the public sector.
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. This includes 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. Some careers may require further study, training and/or work experience beyond your degree):
Credit transfer: apply by 13/08/2026
Ask a question
Our prospectus will help you explore your course options, get a feel for life as an OU student, and register for study.
Request a prospectus
Credit transfer: apply by 13/08/2026
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