MH101 - Economics

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Overview

Are you motivated to make the world a better place? Studying economics, an invaluable social science, is a great place to start.

What is economics?

Economics helps us understand how consumers, firms, workers and investors behave and interact with each other. It also helps us understand the roles that governments, central banks and regulators play in shaping outcomes.

In short? Economics is about how to design good policies.

Tools for understanding

Economics provides the tools for understanding the causes of societal problems so that evidence-based policy recommendations can be made on issues like:

  • unemployment and inflation
  • gender inequality
  • racial discrimination
  • climate change
  • the housing crisis
  • poverty

Skills to excel

Economics is about more than money and stock markets though. Studying it at Maynooth University will provide you with outstanding career skills, including:

  • analytical and problem-solving abilities
  • numerical and computing abilities
  • enhanced communication and presentation skills

You will also learn to use:

  • data analysis – to understand behaviour that impacts the economy
  • game theory – to analyse strategic interactions between firms, or other market participants

International reputation

Our academics have an international reputation for excellence in research and strong links with business and the wider economics community, including:

  • the Central Bank,
  • the Economic and Social Research Institute (ESRI)
  • several financial services companies

Transfer option

You can transfer into the second year of a range of specialised degrees having successfully passed first year in MH101.

Subject Structure

First year

  • 15 credits of Economics
  • Choose 2 or 3 other subjects, which may include Critical Skills, from the available groups (maximum 1 subject per group – see groups table)

Second year and Final year

  • At the beginning of the second year, you can decide to continue as a BA Arts (MH101) student, taking Economics as a single major, as a double major, as a major/minor or as a minor with one of your other first year subjects.

Alternatively, you can transfer into one of the specialised degrees listed below if you pass first year and meet the specific requirements to transfer as outlined:

  • You may transfer into MH415 BSc Economics degree if you attain 60% in Economics or Finance, and 60% in Mathematical Studies
  • You may transfer into MH416 BA International Economics degree if you attain 50% in Economics or Finance, and pass 15 credits in Mathematics and another subject from Chinese Studies, French, German, Spanish or Computer Science
  • You may transfer into MH402 BSc Quantitative Finance degree if you attain 60% in each of the following subjects: 15 credits in Economics or Finance, 15 credit Mathematical Studies subject and 15 credit Computer Science subject and pass your other subject.
  • You may transfer into MH403 BA Accounting and Finance degree if you pass Economics or Finance, and achieve an average of 60% in the 30 credit Accounting subject
  • You may transfer into MH410 BBS/BBA Finance degree if you successfully complete 1st year achieving at least 50% in Economics or Finance, and 15 credits of Business (any of the three in Group 2)

MH101:

  • Optional 10 credit Elective in second year
  • Optional Erasmus/Study Abroad after second year

Disclaimer
The modules below are indicative of the content associated with this course of study.
The modules are subject to change as the curriculum is revised and reviewed annually.

Timetable group: 4 (Economics)

EC1F15 - Economics

Credits: 15  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

EC103

7.5

2

Y

EC101

7.5

1

Y

Double Major

Timetable group: 4 (Economics)

EC2DM - Economics

Credits: 30  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

FN205

5

1

N

EC206

5

2

Y

GY221

5

2

N

AC210

5

1

N

FN212

5

2

N

EC229

5

1

N

EC216

5

2

N

EC230

5

1

N

EC202A

5

2

Y

EC201

5

1

Y

EC205

5

1

Y

EC211

5

2

N

EC214

5

2

N

EC222

5

1

N

Major with Minor

Timetable group: 4 (Economics)

EC2MJ - Economics

Credits: 40  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

FN205

5

1

N

FN206

5

2

N

EC206

5

2

Y

GY221

5

2

N

AC210

5

1

N

FN212

5

2

N

KD201

5

2

N

EC229

5

1

N

EC216

5

2

N

EC230

5

1

N

EC202A

5

2

Y

EC201

5

1

Y

EC205

5

1

Y

EC211

5

2

N

EC214

5

2

N

EC222

5

1

N

Single Major

Timetable group: 4 (Economics)

EC2SM - Economics

Credits: 60  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

FN205

5

1

N

FN206

5

2

N

EC206

5

2

Y

GY221

5

2

N

AC210

5

1

N

FN212

5

2

N

KD201

5

2

N

EC229

5

1

N

EC216

5

2

N

EC230

5

1

N

EC202A

5

2

Y

EC201

5

1

Y

EC205

5

1

Y

EC211

5

2

N

EC214

5

2

N

EC222

5

1

N

Minor

Timetable group: 4 (Economics)

EC2MI - Economics

Credits: 20  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

EC206

5

2

N

EC229

5

1

N

EC216

5

2

N

EC230

5

1

N

EC202A

5

2

Y

EC201

5

1

Y

EC205

5

1

N

EC211

5

2

N

EC214

5

2

N

EC222

5

1

N

Double Major

Timetable group: 4 (Economics)

EC3DM - Economics

Credits: 30  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

EC302

5

2

Y

EC301

5

1

Y

EC305

5

2

N

EC334

5

2

N

FN205

5

1

N

FN206

5

2

N

EC306

5

1

Y

EC319A

5

1

N

EC327

5

2

N

EC311

5

2

N

EC317

5

1

N

EC399

5

Year-Long

N

GY321

5

1

N

EC333

5

2

N

EC318

5

2

N

FN305

5

1

N

FN316

5

2

N

Major with Minor

Timetable group: 4 (Economics)

EC3MJ - Economics

Credits: 40  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

EC302

5

2

Y

EC301

5

1

Y

EC305

5

2

N

EC334

5

2

N

FN205

5

1

N

FN206

5

2

N

FN307

5

1

N

EC306

5

1

Y

EC319A

5

1

N

EC327

5

2

N

EC311

5

2

N

EC317

5

1

N

EC399

5

Year-Long

N

GY321

5

1

N

EC333

5

2

N

EC318

5

2

N

FN305

5

1

N

FN316

5

2

N

Single Major

Timetable group: 4 (Economics)

EC3SM - Economics

Credits: 60  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

EC302

5

2

Y

EC301

5

1

Y

EC305

5

2

Y

EC309A

5

2

N

EC334

5

2

N

FN205

5

1

N

FN206

5

2

N

FN307

5

1

N

EC306

5

1

Y

EC319A

5

1

N

EC327

5

2

N

EC311

5

2

N

EC317

5

1

N

EC399

5

Year-Long

Y

GY321

5

1

N

EC333

5

2

N

EC318

5

2

N

FN305

5

1

N

FN316

5

2

N

EC222

5

1

N

Minor

Timetable group: 4 (Economics)

EC3MI - Economics

Credits: 20  |  Not compulsory

Economics modules

Module

Code

Credits

Semester

Compulsory

EC302

5

2

N

EC301

5

1

N

EC334

5

2

N

EC306

5

1

N

EC319A

5

1

N

EC327

5

2

N

EC311

5

2

N

EC317

5

1

N

EC333

5

2

N

EC318

5

2

N

Entry requirements

Leaving Certificate applicants are required to present (as a minimum): 2H5 & 4O6/H7 and O6/H7 in Irish, English, 3rd language.

Leaving Certificate Economics IS NOT REQUIRED but we do recommend O4/ H7 in Leaving Certificate Mathematics

Postgraduate

The Department of Economics also offers a range of postgraduate study options in related fields.

Visit the Department's website for more information about postgraduate options.

Careers

The skills you will develop as an Economics student are highly valued by employers in all sectors from government to financial services.

Our students have progressed into a wide variety of private and public sector jobs such as:

  • banking
  • financial services
  • management consultancy
  • economic consultancy
  • journalism
  • teaching
  • politics

Contact

Maynooth University Department of Economics

Website