Indicative course structure
This course will give you a solid knowledge of economics and a rigorous understanding of the quantitative methods economists use in their analyses. It will also enable you to apply economic principles to a wide variety of contemporary problems and use your quantitative skills in numerous professional situations when you graduate. The course will also have modules specifically focused on your employability and developing and enhancing the skill necessary to thrive in your future career. These skills will be valuable for career roles such as Financial Risk Analyst, Auditor, Risk Manager, Business Analyst, Stockbroker, and more.
The opportunity to study abroad or spend a year in industry will give you valuable experience and enhance your career prospects.
You can also study a language with this course. You can be awarded the degree ‘with language’ in the title if you choose to study a foreign language in all years of study.
In the first year, all students study introductory modules on microeconomics and macroeconomics and are equipped with fundamental quantitative skills. The Intro to Microeconomics module is concerned with the behaviour of individual firms, markets, and consumers and their economic activity. The Intro to Macroeconomics module looks at the economy as a whole and focuses on economic factors such as interest rates and national productivity. Our students must have a general understanding of both of these economic concepts as they will be beneficial in making and understanding practical business decisions in their future careers.
In the second year, all student progress to intermediate microeconomics and macroeconomics. Economics students develop their quantitative skills by studying techniques of economic analysis and econometrics, while Business Economics students enhance their appreciation of economics in relation to business. Students will learn about consumers and firms and how their decisions making affect the markets in which they engage and ultimately the success of the economy. This vital relationship will be explored for various types of market structures. During this year, students will also develop and enhance employability and research skills that will equip them for future employment.
In the final year, Business Economics students study managerial economics and strategic thinking in business, while Economics students study advanced microeconomics and macroeconomics with an emphasis on policymaking. Students of both pathways can choose from a variety of optional modules, including Industry Practise for Economic Professionals. In this module, students will assess, develop and evaluate their employability skills through work-based learning. Through their work students will have the opportunity to apply and critically evaluate academic theories and current business school research in practical business environments.