Undergraduate study
Economics

BA (Hons) Economics

UCAS code: L100 BA/Econ

Employers in both private and public sectors identify that there are insufficient numbers of graduates with strong analytical, problem-solving and decision-making capabilities. Economics is a rigorous and highly relevant subject that develops these skills in abundance. Economics graduates are very much ‘work ready’ upon graduation and the healthy starting salaries enjoyed by economics graduates is testament to this.

Course information

Full-time

  • Length: 3 years (or 4 including a work placement year)

More full-time details

Part-time

  • Typically 5 years

More part-time details

  • Daytime
  • Enrolment date: September
  • Admission enquiries: 01642 342807

Contact details

Further information

 

This programme includes core content such as macroeconomics, microeconomics, and applied quantitative methods. In addition to modules which focus on more topical issues such as monetary policy and banking, international finance and the dynamics of capitalist economies, you can extend your interest into other areas through optional modules.

Studying economics provides a greater awareness of, and ability to engage with, the economic, social and political world that impacts on all our lives. It is a subject that helps you to appreciate and work better within the wider environment.

Note: Please note that as BA (Hons) Economics is a new course, Unistats displays aggregated employability and student satisfaction information for all courses in social studies.

Course structure

Year 1 core modules

Dynamics of Capitalist Economies

Dynamics of Capitalist Economies looks at some central issues of concern in capitalist economies, including the factors affecting the causes and consequences of economic growth, technological change, financial and economic instability, unemployment, environmental problems, inequality and globalisation. It provides a historical perspective on current problems and an approach that considers explanations from alternative perspectives.

Interpreting and Communicating Business Information

In this module, you will gain an understanding of quantitative techniques, spreadsheet analysis tools, and forms of data presentation, to support the interpretation and communication of management information.

Introduction to Macroeconomics

Macroeconomics is a main branch of economics. You study the behaviour of an economy at aggregate level such as, the performance, structure, behaviour, and policy making of an economy as a whole. This is a core module giving you an introduction to main and essential macroeconomic principles, theories and methods of analysis. You cover output and aggregate demand, aggregate supply, business cycles, prices and inflation, unemployment, money and interest rates, monetary and fiscal policy, exchange rates and the balance of payments.

Introduction to Microeconomics

Quantitative Economics 1

Economics is a social science subject which adopts a natural science approach. Hence, quantitative methods (e.g. mathematics and statistics) are not just used as the research method, but the fundamental building blocks of this subject discipline. In this introductory level quantitative methods module, you review fundamental numerical skills and are introduced to essential mathematical methods for economics.

 

Year 2 core modules

Macroeconomic Theory and Applications

You build on your knowledge and skills obtained from Introduction to Macroeconomics module and focus on intermediate level theories. You develop and enhance your understandings of the behaviour of the economy as a whole, so you can distinguish and critically understand different theoretical models and relate these models to policy debates in the real world.

Microeconomic Theory and Applications

You examine the central concepts, theories and methods of microeconomics and apply them to a wide range of problems and real-world issues. You cover the theory of consumer and producer behaviour, market efficiency and market failure, the analysis of strategic behaviour using game theory, an introduction to general equilibrium, and microeconomic policy.

Political Economy

You explore the interplay between economics and politics and how public policy is created and implemented. You look at prominent contributors to the discipline of economics whose works have shaped national and international politics, such as Marx, Keynes, Friedman and Hayek. You also look at issues relevant to political economy today such as the economics of welfare, globalisation, international development, the environment, inequality and causes of and responses to the 2008 crash. You put economic theory into historical and political context.

Quantitative Economics 2

You explore two components. Firstly you build on your knowledge and skills from the Quantitative Economics 1 module. You focus on intermediate level mathematical methods that can be used in contemporary economics, business economics and financial economics. You look at the use of mathematics in the conceptualisation of economic theory as well as its use as a means to solve specific problems. Secondly you focus on the essential statistical methods implemented in quantitative data analysis. This gives you the foundation required for studying Econometrics in level 6.

Research Methods

Building on prior learning within various stage 1 modules, this module develops your understanding and awareness of the principles and practicalities underpinning ethical and rigorous research. Through interactive seminar sessions with research-active academic staff, the module develops the practical skills you require for conducting a rigorous and ethical research study. The skills developed and knowledge gained will link to the stage 3 Dissertation module.

 

Final-year core modules

Dissertation

Your final year dissertation is an opportunity to do an independent piece of research, demonstrating that you know how to take a systematic approach to research, analysis and evaluation within a structured business-orientated framework. It also encourages you to reflect and critically evaluate your personal development.

Quantitative Economics 3

You explore econometrics, which is an essential tool to provide the methodology and statistical techniques to empirically test the validity of economic theories and hypotheses and to construct models to explain the evolution of the economic environment. Knowledge in econometrics is essential to understanding research work in economics. You gain useful skills for conducting sophisticated data analysis for both academic and vocational. You focus on standard econometrics methods employed for performing empirical analysis and policy evaluation.

Topics in Economics Theory and Policy

You build on the knowledge and skills obtained from Macroeconomic Theory and Policies and Microeconomic Theory and Applications modules. You study the latest key developments in macroeconomic theory at an analytically sophisticated and applied level, as well as covering some key microeconomic issues and topics such as the meaning of optimality of resource allocation and distribution of product in a market economy, and consider the implications for public policy.

 

Modules offered may vary.

How you are assessed

There is continuous formative assessment which is part of the teaching for each module and supervisor consultations for your dissertation. As you progress through the course, greater emphasis is placed on presentations and discussions.
For summative assessment most modules have two components. In your first and second years this is a conventional time-constrained examination at the end of the module and a written assignment, either an essay or analysis of a case study. To ensure variety and progression in assessment methods, the form of the examinations changes, with multiple choice and short answer questions at Level 4 and longer essays and case studies at Level 5 and 6.

In your third year greater emphasis is placed on your own research on a specific topic. Your dissertation in the final year demonstrates an overall understanding and application of knowledge in a chosen topic, encouraging your development or research skills, the ability to synthesise ideas and to structure and organise your own work.


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Career opportunities

Graduate economists possess good writing skills, strong numerical and computational skills, as well as enhanced communication and presentational skills. It’s hardly surprising that they are found in a variety of fields including insurance and actuarial work, banking and finance, sales and marketing, as well as in more traditional public sector areas of public policy and treasury functions.

Entry requirements

A typical offer is 80-96 tariff points from at least two A levels (or equivalent) and GCSE grade A-C (or equivalent) in English and maths.

For additional information please see the entry requirements in our admissions section

International applicants can find out what qualifications they need by visiting Your Country


You can gain considerable knowledge from work, volunteering and life. Under recognition of prior learning (RPL) you may be awarded credit for this which can be credited towards the course you want to study.
Find out more about RPL

Part-time

What is KIS?

How to understand the Key Information Set

Course information

Full-time

  • Length: 3 years (or 4 including a work placement year)

More full-time details

Part-time

  • Typically 5 years

More part-time details

  • Daytime
  • Enrolment date: September
  • Admission enquiries: 01642 342807

Contact details

Further information