Economics BA (with Foundation Year)UCAS Code: Combined honours only - see Combinations tab|Duration: 4 years|Full Time|Hope Park|UCAS Campus Code: L46
Accredited|Work placement opportunities|International students can apply|Study Abroad opportunities
ABOUT THE COURSE
This is an exciting time to study Economics: great ideological debates, policy decisions and technological changes are taking place that impact our lives, ranging from the direction of globalisation and international trade and trade restrictions, to trends in economic inequality, the environment and climate change, the gender pay-gap, migration flows, economic integration, financial crises, and the challenges posed by the recent Covid-19 crisis..
Our Economics programme will delve in to an in-depth study of real economic issues like the above, based on a solid foundation of an eclectic economic theory, and an understanding of how economic policy is formulated. This will enable students to gain the analytical and critical evaluation skills needed to recognise how national and global issues affect a society’s welfare.
The course is designed to provide students with the experience, knowledge and skills needed to succeed in the job market, by putting a strong emphasis on analytical, quantitative and research skills highly valued by employers. It will also develop a student’s ability to apply the concepts, theories and quantitative methods to business and public policy decisions, in a diverse range of settings. As we believe your ability to gain meaningful employment after you graduate is really important, there is also a strong focus on helping you to develop your more general and transferable employability skills.
In this course, students will study a range of areas, including Quantitative Methods, Econometrics, Intermediate Micro and Macroeconomics, History of Economic Thought, Banking & Finance, and International Economics and Finance.
Each unit is divided between lectures, seminars and tutorials: in your first year of study there are approximately 6 teaching hours per week, which will decrease to approximately 5 teaching hours in your second and third years. On top of teaching hours, you are also expected to spend a number of hours studying independently.
ASSESSMENT AND FEEDBACK
Assessment includes, but is not limited to, in-class tests, written final exams, individual and group reports, class presentations, and applied essays on trade journal articles. Both verbal and written feedback is supplied.
The Foundation Year is a great opportunity if you have the ability and enthusiasm to study for a degree, but do not yet have the qualifications required to enter directly onto our degree programmes. A significant part of the Foundation Year focuses upon core skills such as academic writing at HE level, becoming an independent learner, structuring academic work, critical thinking, time management and note taking.
Successful completion of the Foundation Year will enable you to progress into the first year (Level C) of your chosen honours degree. Further details can be found here.
The first year sets the stage with Introductory Economics (Micro and Macro) and their applications and relevance to a wide spectrum of real-life situations. Students will be introduced to basic mathematical and statistical techniques, and gain an understanding of the evolution of economic thought.
- Principles of Economics
- Quantitative Methods
- History of Economic Thought
A solid foundation of intermediate economic theory is developed. In addition, students will learn to carry out empirical analysis using econometric methods and statistical software, thus preparing them for the third year Research Project. Finally, students are introduced to various selected topics of global economic interest.
- Intermediate Economic Theory
- Introduction to Econometrics
- Selected Topics in Global Economics
The final year units delve deeper in to the knowledge of economic theories with a strong emphasis on international settings. Subject areas include International Trade & Finance and Banking & Finance. The final year culminates with the Research Project (or Integrated Dissertation).
- International Economics & Finance
- Banking & Finance
- Research Project (or Integrated Dissertation)
There may be some flexibility for mature students offering non-tariff qualifications and students meeting particular widening participation criteria.
The UK's largest recruiter of economists is the Government Economic Service (GES). The GES is the professional body for UK economists in the public sector and employs over 1,500 economists working across more than 30 government departments and agencies. Other major financial organisations such as the Bank of England, also recruit economics graduates onto graduate training/development programmes.
Other employers include:
- privatised utilities and their regulating bodies;
- larger local authorities;
- regional development agencies;
- management consultancies;
- specialist economic consultancies;
- banks (high street and city);
- insurance and accountancy firms;
- trade unions;
- political parties;
- international organisations such as the United Nations, and non-governmental organisations (NGOs) such as the Red Cross;
- financial journals and newspapers.
Work Placement Opportunities
- The Placement Year: Available to all undergraduate students this a 9-12 months professional placement between the 2nd and 3rd year of studies with students completing worthwhile projects.
- Short to medium-term flexible paid placements and internships.
The Service and Leadership Award (SALA) is offered as an extra-curricular programme involving service-based experiences, development of leadership potential and equipping you for a career in a rapidly changing world. It enhances your degree, it is something which is complimentary but different and which has a distinct ‘value-added’ component. Find out more on our Service and Leadership Award page.
As part of your degree, you can choose to spend either a semester or a full year of study at one of our partner universities as part of our Study Abroad programme. Find out more on our Study Abroad page.
The tuition fees for the 2021/22 academic year are £9,250 for full-time undergraduate courses.
If you are a student from the Isle of Man or the Channel Islands, your tuition fees will also be £9,250.
The University reserves the right to increase Home and EU Undergraduate and PGCE tuition fees in line with any inflationary or other increase authorised by the Secretary of State for future years of study.
We have a range of scholarships to help with the cost of your studies. Visit our scholarships page to find out more.
INTERNATIONAL TUITION FEES
The International Tuition fees for 2021/22 are £11,400.
Visit our International fees page for more information.
This course is also available with Foundation Year as a Combined Honours degree with the following subjects: