Mathematics and Economics

Mathematics and economics is a degree that positions you at the rigorous quantitative frontier of one of the most important social sciences. Pure mathematics develops your capacity for abstract logical reasoning, proof, and the manipulation of mathematical structures. Applied mathematics builds the tools for modelling real-world phenomena.

Economics uses these tools to understand how individuals and societies make decisions about scarce resources, how markets work, and what the effects of policy are on distribution and welfare. The combination produces graduates equipped to do economics as it is practised at the highest professional level.

At Newcastle University, you will combine both pure and application-driven mathematics, developing the capacity to use mathematics to solve practical problems. You will explore the relationship between mathematical modelling and economics, examining how societies attempt to make the best use of their scarce resources. The programme covers microeconomics, macroeconomics, econometrics, and a range of mathematical topics from analysis and algebra to optimisation and statistics.

It includes a sandwich placement year, a year abroad, and a work placement, and runs over three years full-time.

Graduates of mathematics and economics programmes are highly sought after in investment banking, economic consultancy, actuarial science, data science, the civil service, and policy research. The quantitative rigour the degree develops is directly applicable to the most analytically demanding roles in the graduate market. Many graduates go on to postgraduate study in economics, finance, or mathematics at leading universities, where the combination of mathematical depth and economic knowledge provides excellent preparation for advanced work.