# Economics

**Source**: https://www.st-andrews.ac.uk/subjects/economics/
**Parent**: https://www.st-andrews.ac.uk/subjects/

Economics is a social science concerning the production, distribution and consumption of goods and services, whilst finance is the study of managing available funds. Economics and finance courses at St Andrews provide structured explorations of key concepts, analysis and techniques.

## Undergraduate

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## Postgraduate taught

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## Postgraduate research

University of St Andrews Business School offers [PhD programmes](https://www.st-andrews.ac.uk/economics-finance/prospective/pgr/) in Economics. Economics research typically falls into one of three main themes:

- applied theory, decision-making, and game theory
- empirical economics and econometrics
- macro and international economics

To apply, you should first identify and contact a potential supervisor you would like to work with in your intended research area. Find out how to [contact a research supervisor](https://www.st-andrews.ac.uk/economics-finance/prospective/pgr/supervisors/).

> "I was attracted to the combination of quantitative and qualitative elements in the subject –microeconomics has a strong mathematical foundation, while macroeconomics and economic history involve essay assignments. I appreciated the flexibility in sub-honours as I studied Economics and Psychology for my first two years and additionally took modules in Management and Comparative Literature in my first year."

**Valeriya** \
- St Petersburg, Russia

## Studying in St Andrews

[Entry requirements](https://www.st-andrews.ac.uk/subjects/entry/)

The University offers a variety of flexible entry options in order to allow all students, regardless of background or personal circumstances, to apply.

[Fees and funding](https://www.st-andrews.ac.uk/study/fees-and-funding/)

Scholarships and funding options are available at every level of study.

[Accommodation](https://www.st-andrews.ac.uk/accommodation/)

St Andrews has variety of accommodation options to suit all tastes and budgets.

## Visit St Andrews

If you’re interested in studying at St Andrews, join us at a visiting day or talk and tour to explore the town, find out about our courses and meet current students. You can also join us for one of our upcoming online events.  

[Book a place](https://www.st-andrews.ac.uk/study/meet-us/)