Business Economics BSc (Hons)

30 credits

The module will help you develop many of the basic skills used in the discipline of economics. The module explores and covers a variety of study and research techniques. You will develop skills in the use of language, writing, ICT usage, data collection, data interpretation and group work. Key threshold economic concepts will also be incorporated. Particular emphasis will be placed on small-group learning and personal development planning.

30 credits

In this module, you are introduced to the techniques of model building and analytical reasoning used in microeconomics. Some of these techniques are then used as an input into the analysis of economics at the macroeconomic level. In the early phase of the module, you are taught about microeconomic models and explore the application of these models to current economic issues. In the later phase, you learn about the main macroeconomic aggregates, the basic model of aggregate demand and supply and the importance of the time horizon in macroeconomics.

Throughout the course, there is an emphasis on highlighting and considering the pros and cons of the suggested solutions to real problems faced by market economies.

30 credits

This module provides an introduction to mathematical and statistical techniques. You will be prompted to appreciate how mathematical reasoning is used in economics and develop skills in the numerical, graphical and statistical analysis of economic data.

The module starts with a review of material that may have been encountered in your previous studies, such as mathematics at GCSE or IB level. It then moves on to developing your knowledge, your understanding and your ability to apply quantitative concepts. This is of particular relevance to microeconomics, macroeconomics and econometrics.

30 credits

This module is a core course for students pursuing full-field programmes in Economics.

This module offers a detailed survey of the origins and emergence of capitalism and the accompanying economic thinking. You will study key aspects of the contemporary economy – firms and competition in the national and international environment and the role of the state in national and supra-national contexts. You will then be introduced to the role of finance in capitalism and the nature and causes of financial crises.

30 credits

This module examines the nature of competition and the role of the firm in contemporary capitalism. It examines the different forces shaping market structure in order to clarify the ways in which a market structure is competitive or not – for example the role of barriers to entry, government policy or technology. The module explores different market structures, from monopolistic to highly competitive, throwing light on the conduct and performance of firms within these structures. The role, nature and aims of the firm are examined. The module also analyses how some firms are capable of imposing themselves on market structure and are not simply passive recipients. Different categories of firms – multinational, large, medium, small and micro – are outlined, to build a more complete picture of modern firm structure.

30 credits

This module will extend knowledge of mathematical and statistical techniques acquired at level 4 and will introduce you to multivariate techniques in mathematics and statistics.

It will assist your comprehension of Level 5 economics modules and encourage you to understand the benefits of using a mathematical and statistical vocabulary and reasoning to analyse economic models.

This module will equip you with sufficient quantitative techniques to be able to undertake any Level 6 module in economics requiring quantitative analysis.

30 credits

This module develops and builds mainly on knowledge acquired in the Economic Policy and Principles module at Level 4 but also the Introductory Mathematics and Statistics for Economics module at the same level. It provides fundamental knowledge on the key areas of macroeconomic theory and policy in the short-run and long-run and within both closed and open economy settings. Real world applications are signposted at the earliest opportunity.

On completion of this module, you will be able to comprehend key macroeconomic theories and policies and illustrate the application of macroeconomic models and principles in the context of policymaking.

30 credits

This module will develop the model building techniques encountered at level 4, and extend the scope of these models to a wider range of problems. It will show the use of microeconomic models in a problem solving context and provide an analytical basis for subsequent elective modules.

On completion of the module, you will have a good knowledge of the major techniques and issues in modern microeconomic theory and policy and how to apply this knowledge in the discussion and evaluation of contemporary microeconomic issues.

30 credits

The capstone module will further your skills in writing and presenting economic analysis, together with achieving a higher level of understanding in a chosen economic subject area. You will refine your ability to communicate economic subjects to a broad audience in an academically sound fashion.

30 credits

This module is a core requirement at Level 6 for students taking the BSc Business Economics. It develops pluralist approaches to understanding the aims, methods and outcomes of production and exchange organisations (businesses), with particular reference to the limitations as well as the possibilities of markets.

The core theme is the contrast between neo-classical and other perspectives, including the 'capabilities' approach, transaction cost economics and other heterodox schools of thought.

Particular themes include the aims and methods of business strategy, the 'make or buy' decision, the nature of relationships within and between businesses, and the costs and benefits of different systems of governance of economic exchange.

30 credits

The module analyses the essential theoretical and policy issues of international trade and finance. In doing so care is taken to link both international trade and finance theory with real world events.

15 credits

This module will introduce the economic structure of developing countries, the specific challenges they face and their position in world economy today. It will introduce students to issues of growth and development in lower-income countries and their significance for the world economy.

The module will start by introducing theories of economic development and measurement issues. It will examine some problems affecting all, or groups, of these countries, such as population growth, poverty, environment, income distribution, structural adjustment and volatile capital flows. It will also deal with policy issues specific to developing countries.

15 credits

This module gives you a dedicated opportunity to develop your Future Skills Graduate Attributes. 

At the start of the module, you will be supported to self-assess your current skills profile. You will determine which attributes and skills you need to develop to support your career ambitions. In this process, you will be supported by a dedicated career coach, helping you explore a range of options that includes self-employment/freelancing, starting your own business, higher level study, and other professional graduate-level opportunities. Throughout the module, you will be given opportunities to engage with external mentors, to support reflection and to develop a professional network.

You will undertake a tailored series of activities and projects, aligned to your goals, from a menu of development options. This could include short courses, enrichment activities and experiential learning options such as micro-placements. You will also be able to reflect on activities outside the University that develop your graduate attributes, such as work or volunteering.