BSc (Hons) ECONOMICS

This module introduces students to a range of economic and financial topics and shows how these can be applied to understand the world around us. The module develops student understanding of the external environment businesses face, and aspects of finance relevant to the business context. 100% coursework assessed.

It is important for Economics students to learn about the application of quantitative methods and techniques to analyse and solve problems that exist in business, economics and finance. For this purpose the module introduces and applies the powerful analytic method of calculus for finding optimal solutions to specific issues in economics and business. Coursework and exam assessed.

In this module students will be utilising business project frameworks, problem-solving skills and idea generation techniques that will support them through the key stages required to complete a small business project from concept to delivery. Throughout the stages of their project, and by incorporating a facilitated coaching process, students will be supported to develop key skills vital to successful leadership and management. 100% coursework assessed.

This module will continue to develop students’ understanding of the essential micro- and macroeconomic theories which are the bedrock to the economic concepts and methods studied in Finance and the Economy. The emphasis of the module is upon the theoretical frameworks underpinning the business applications of economics in facilitating the decisions of policy-makers, managers and entrepreneurs in a variety of situations as well as the implications of the open macroeconomy on the operations of modern firms. 100% coursework assessed.

This module introduces students to the basic concepts of management in organisations. It gives students an appreciation of the complexities of organisations that affect employee behaviour within them. It introduces them to human resource management strategies to manage people in organisations. The module incorporates key management, organisational behaviour and people management theories and practices. 100% coursework assessed.

This module aims to equip students with the knowledge of skills of basic strategic analysis. Students will be exposed to the use of simple strategic tools to evaluate the business and its wider environment. They will also be able to identify creative strategic solutions to simple organisational issues. The module further aims to develop students’ ability to make decisions between different strategic alternatives. 100% coursework assessed.

The aim of the module is to provide an intermediate level analysis of the principles governing the allocation of resources in market economies, and the operations of the micro-economy. The module develops the theoretical concepts introduced at level 4, by investigating in greater depth the decisions of individual consumers, and firms in order to explain why, and how, such choices are made. The course also introduces the student to welfare economics, and considers general equilibrium, economic efficiency, and social welfare questions and issues. Market failure and the policy responses to such failure are also explored. Coursework and exam assessed.

This module provides comprehensive insights into graduate employability and career development for economics students. It teaches students essential techniques of self-awareness building, career exploration, job search, succeeding in recruitment and selection processes and teamwork, enabling them to secure employment and thrive in the world of work. In addition, the module covers specific skills of particular relevance to economists, especially digital and communication skills that are valued and highly sought after by relevant employers. 100% coursework assessed.

This module introduces the student to the basics of econometrics. It starts with the standard OLS methodology and beginning with simple regression analysis, moves to multiple regression analysis. The problems associated with OLS are explained along with their consequences and potential alleviating measures. Indicator or dummy variables are also considered along with their applications. A heavy emphasis on addressing econometric problems with the use of statistical software will also be pursued. 100% coursework assessed..

This module embeds both the definition and importance of macroeconomic indicators, including what they mean and how they are calculated. Students will have a clear story of the history of economic though in the context of macroeconomics. This will involve understanding historic theory including Say’s Law, Keynesianism, Monetarism as well as modern economic thought within macroeconomics. Students will work with and manipulate macroeconomic data and gain an understanding of current economic conditions within the United Kingdom using government economic reports. Coursework and exam assessed.

This module will help students to learn how to use economics to understand and articulate reasoned views on some of the most pressing policy problems facing our societies: inequality, financial instability, the future of work, climate change, wealth creation and innovation. It addresses positive and normative dimensions as well as political-economy constraints. 100% coursework assessed.

This module offers an excursion into the digital economy and novel types of industries and businesses arising within. It introduces students to the key drivers, which are currently transforming various industries and includes examples of the UN SDG on Industry Innovation & Infrastructure. The module aims to equip students with an understanding of the changing digital environment and trends in digitalisation, which define current economic developments. It further aims to raise awareness of the regulatory challenges these recent trends impose. 100% coursework assessed.

This module introduces the students to an understanding of fundamental models in microeconomics and introduces them to methods of formal microeconomic analysis. It differs from previous modules on microeconomics the students will have completed in that it treats the models in a more formal manner, and additionally introduces the student to the treatment of the models using various mathematical (and graphical) techniques including calculus. Coursework and exam assessed.

Students will learn ways to connect the behaviour of households, firms and governments and central banks to aggregate economic outcomes. The module will focus on linking policies on economic growth to innovation, market structure and firm dynamics; and more generally by taking institutions seriously into account when looking at growth, business cycles and unemployment and the interplay between them. Coursework and exam assessed.

The Economic Research Methods module runs over two semesters aims to help students to develop an understanding of the research process in semester one and to undertake research in semester two leading to successful completion of their applied project. It covers ideas, techniques, and methods relevant to different stages of the research process, stressing the interdependence of each stage in conducting effective, coherent and rigorous research.

This module introduces students to the methodologies and techniques of evaluating big data in economics, finance and business. This module aims to raise students’ awareness of the challenges surrounding the analysis of big data and develop students’ ability to identify appropriate statistical solutions to such complex big data econometrics problems. It exposes students to the use of statistical software packages and the application of big data econometrics. 100% coursework assessed.

This module focuses on the use of modern econometric methodology for dealing with problems in the area of finance and economics and provides students with the necessary econometric tools. It applies the techniques of mathematics, statistics and econometrics to analyse financial data so as to understand and model the underlying financial and economic conditions. In achieving the above, use of specialist software packages is employed to analyse real world examples. Empirical applications are considered in the stock, bond and exchange rate markets. 100% coursework assessed.

This module forms part of the area of international economics and studies the role played by multinational firms in the global trading system. The module introduces students to the global trading system, both the theories of how and why countries engage in trade and the role played by governments, regional trading agreements and international institutions in the regulation of trade. The module is further concerned with multinational companies, examining the growth of multinationals, the theories advanced to explain the growth of multinationals and the effects of multinationals on the countries where they operate. 100% coursework assessed.

This module explores the economic reasons that have led to increasing development inequality (national and international). It focuses on how formal and informal finance can encourage economic development; the relationship between gender equity and growth, and analyse core issues regarding the development policymaking and strategy. The aim of the module is to provide an in-depth analysis of the challenging development process and the various problems facing economies striving to develop and combat poverty and inequality. 100% coursework assessed.

This module introduces students to the concept of International Finance and the role of exchange rates and their determination in financial markets. The module covers theories of exchange rate determination and the difference between fixed and floating exchange rate systems. It further offers an excursion into modern financial topics such as cryptocurrencies, Fintech and automation in the banking sector as key drivers in the finance industry. Students will be exposed to the regulatory challenges, which come with financial innovation. 100% coursework assessed.

The module examines the psychological underpinnings of economic behaviour and in particular when this behaviour deviates from predicted economic theory. It introduces the necessary skills within economics to test theoretical predictions and hypothesis. This includes designing and running lab based experiments as well as structuring clear testable predictions. Alongside this practical application the module will introduce students to recent behavioural theories that have emerged to explain the empirical observations (both from existing literature and their own research), and will discuss the implications for economics, business and politics. Coursework and exam assessed.