BSc in Microeconomics
Course Overview
The BSc in Microeconomics at the London School of International Business and Management (LSIBM) is a three-year UK honours degree for candidates targeting an applied-economics career — a competition consultancy in the City, a UK regulator such as Ofgem or Ofcom, an economic-consulting graduate scheme, or a Government Economic Service (GES) fast-stream seat. Sitting in the Accounting, Finance & Economics faculty, this degree combines core micro theory with econometrics, applied competition, regulatory design and behavioural economics as practised on live UK cases.
Students undertake a placement year with a UK economics consultancy, regulator or think tank, run an econometrics project in year two on a real UK dataset, and write a final-year dissertation on an applied microeconomics question defended in front of a working practitioner. The BSc is available on-campus in central London, fully online with cohort calls scheduled across UK and APAC time zones, and by distance learning.
Key Features
- Curriculum reviewed against Royal Economic Society honours standards and Society of Business Economists chartered competencies.
- Three study modes — central London campus, fully online with UK/APAC cohort calls, or distance learning.
- Placement year at a UK economics consultancy, regulator or think tank.
- Econometrics project on a real UK dataset in year two.
- Working practice with R, Stata and Python for applied econometrics.
- Final-year dissertation defended in front of a working economist.
What You Will Learn
The degree organises applied micro around the working questions economists actually face: which price is fair, which merger is a problem, which regulated return still incentivises investment, and which nudge actually shifts behaviour.
- Consumer theory — utility, indifference curves, revealed preference.
- Producer theory — cost curves, profit maximisation, entry and exit.
- Market structure — perfect competition, monopoly, oligopoly, monopolistic competition.
- Applied game theory — Nash equilibrium, signalling, mechanism design intuition.
- Econometrics — OLS, panel data, IV, DiD, RDD, machine-learning basics.
- Applied competition analysis — UK CMA cases, merger simulation, GUPPI.
- Behavioural economics — heuristics, biases, applied nudge trials.
- Regulatory economics — RPI-X, RIIO, cost of capital estimation.
- Welfare economics — consumer surplus, deadweight loss, Green Book CBA.
- Writing a full-length applied economics research paper.
Who This Course Is For
- A-level leavers targeting graduate schemes at UK economics consultancies or the GES fast stream.
- International students seeking a UK honours degree that supports CFA UK or MSc progression.
- Working analysts formalising theoretical grounding for a promotion.
- Career switchers with strong quantitative backgrounds moving into applied economics.
- Journalists specialising in business and competition wanting technical grounding.
Career Pathways
Graduates typically progress into economics-analyst roles across UK consultancies, regulators, banks and think tanks. The degree supports applications but does not by itself guarantee job offers or visa outcomes.
- Applied Economist (junior)
- Competition Analyst
- Regulatory Economist
- Pricing Analyst (senior graduate)
- Economic Consultant (graduate)
- Policy Analyst (economics)
The BSc is the natural feeder into the MSc in Microeconomics, GES fast-stream, CFA UK Level 1 preparation and applied MSc programmes.
Entry Requirements
- Three A-levels at BBC or above, or equivalent UK / international qualification (IB 28+, BTEC DMM, Access to HE, Foundation Year pass, or a relevant Higher Diploma with confirmed credit transfer); Mathematics at A-level or equivalent numeracy is essential.
- GCSE English Language at grade 5/C and Mathematics at grade 4/C (or equivalent).
- IELTS 6.5 overall (no band below 6.0) for non-native English speakers.
- A personal statement showing genuine curiosity about applied economics (extended reading, dataset projects, blog posts) — mature applicants (21+) may enter with a portfolio and short interview.
Why Study at LSIBM
The London School of International Business and Management (LSIBM) is a specialist business-education provider based in central London and part of Harold International College. Undergraduate cohorts sit in small groups so every student is visible to their tutor, run a single intake schedule students can rely on, and every degree route is reviewed against UK professional-body competencies — ACCA, CIMA, CIM, CIPD, CMI, CIPS, CFA UK and IOE&IT — so graduates carry a credential that City recruiters engage with.
London puts the City, Canary Wharf, Whitehall, Companies House, the FCA, the Bank of England and the West End within a short tube ride of every classroom. Undergraduate students access a fortnightly practitioner clinic, at least one industry-careers day per academic year, a structured placement route and one-to-one application coaching in the final year.
Apply for the BSc in Microeconomics
Launch your UK career with the BSc in Microeconomics. Click Enrol Now and admissions will reply within one working day with UCAS guidance, intake dates and the current fee schedule. LSIBM undergraduates receive structured placement and application coaching in every final year.
