Business Economics BA (Hons)

Program Overview

Through a blend of theoretical knowledge and practical skills, graduates develop analytical, critical evaluation, and problem-solving abilities. The program's focus on sustainability, international economics, and data analysis prepares students for diverse career paths in economics, finance, and business.

Program Outline

Degree Overview

• Overview:
This course explores contemporary topics in business economics, integrating issues of policy, international economics, and sustainability throughout the curriculum. The program equips students with a broad skillset for future employability, encompassing software expertise, data analysis and programming, teamwork, presentation, and writing skills.
• Objectives:
• Enable understanding of economic challenges faced by businesses.
• Develop skills and knowledge aligned with industry demand to contribute solutions.
• Integrate theoretical knowledge and real-world challenges for a holistic understanding of the economic landscape.
• Program Description:
• The curriculum comprises modules carefully crafted by industry experts, delving into diverse economic issues like market dynamics impacting living standards, market crashes, and how economic forces influence global business.
• Cutting-edge trends like green economics, digital transformation, and market challenges are explored.
• Students gain analytical skills, critical evaluation capabilities, and a profound understanding of economic dynamics.
• Practical skills are honed through the program's "state-of-the-art Trading Floor," equipped with industry-standard software (e.g., Bloomberg and LSEG Workspace) to simulate real-world scenarios and decision-making processes in business, banking, and government.
• The program cultivates a fulfilling and diverse range of career paths.

Outline

• Course Content:
Focus on economic challenges faced by businesses, equipping students with the skills and knowledge to become part of the solution. Bridging the gap between theoretical knowledge and real-world challenges faced by business, students develop a deep understanding of the economics landscape.
• Structure:
Delivered in a block-teaching format (except year 3), where students study one module at a time, promoting deeper engagement and regular assessment.
• Course Schedule:
• Year 1:
• Semester 1: Contemporary Issues in Microeconomics, Quantitative Methods for Business Economics, Macroeconomics for Business, The History of Business and Economics
• Semester 2: Macroeconomics Analysis and Policy, Microeconomics: Ethics, Policy and Practice, Data Modelling and Analytics, Contemporary Issues in Global Business
• Year 2:
• Semester 1: Advanced Business Economics, International Economics, Sustainability and Emerging Markets, Behavioural Economics
• Semester 2: Advanced Business Economics, International Economics, Sustainability and Emerging Markets, Economics Institutions and Policy
• Modules:
• Year 1:
• Contemporary Issues in Microeconomics:
Explores microeconomic principles, focusing on individual and firm behavior in markets, with contemporary applications.
• Quantitative Methods for Business Economics:
Equips students with critical quantitative skills needed to analyze economic data, including regression, forecasting, and hypothesis testing.
• Macroeconomics for Business:
Examines macroeconomic issues such as economic growth, inflation, unemployment, and monetary policy, within a global context.
• The History of Business and Economics:
Analyzes the historical evolution of business and economic thought, understanding their interrelationship and impact on today's world.
• Year 2:
• Macroeconomics Analysis and Policy:
Deepens students' understanding of macroeconomic theory and its application to policy issues.
• Microeconomics: Ethics, Policy and Practice:
Examines the interplay of microeconomics, ethics, and policy, focusing on market failures, environmental issues, and ethical considerations.
• Data Modelling and Analytics:
Develops advanced data analysis skills using econometrics and statistical modelling techniques, preparing students to analyze complex economic datasets.
• Contemporary Issues in Global Business:
Analyses current economic challenges and opportunities faced by businesses operating in a globalized world.
• Year 3:
• Advanced Business Economics:
Examines advanced economic theory and its applications to business decision-making.
• International Economics, Sustainability and Emerging Markets:
Explores the economic challenges and opportunities presented by globalization, including the rise of emerging markets, sustainable development, and international trade.
• Behavioural Economics:
Examines how cognitive and emotional factors impact individual and group decision-making, offering insights for business strategy.
• Economics Institutions and Policy:
Investigates the role and influence of institutions in shaping economic policy and outcomes.
• Applied Business Project:
Undertaken instead of dissertation in the final year.
• Economics Dissertation:
Independent research project of the student's choosing.

Assessment

• Assessment Methods:
• Reports
• Portfolios
• Presentations
• Data visualizations
• Tests
• Reflective work
• Exams

Teaching

• Teaching methods:
Lectures, workshops, lab sessions, online activities, group work, and self-directed study.
• Faculty:
The course is taught by passionate academics with real-world experience in research, real estate, consultancy, banking, and public engagement.
• Teaching Contact Hours:
Approximately 10 hours of teaching per week.

Careers

• Potential Career Paths:
Graduates can pursue fulfilling careers in a variety of sectors including:
• Assistant Economist
• Data Analyst
• Investment Risk and Compliance Analyst
• Senior Personal Banker
• Purchase Ledger Clerk
• Trainee IFA
• Financial Adviser
• Career Opportunities:
Graduates have secured positions at companies and organizations like:
• Department for International Trade
• Ion
• HM Revenue & Customs
• Natwest
• Collins Aerospace
• Graduate Outcomes:
95% of Business Economics graduates are in work or further study after 15 months.

Other

• Study Abroad Opportunities:
DMU Global offers international experiences, including the chance to study or work abroad for up to a year.
• Work Placement Opportunities:
Option for a paid placement year in the private or public sector, with companies like PwC and the Government Economic Service.
• Scholarships:
DMU provides various undergraduate and postgraduate scholarships and bursaries, including international student scholarships.

UK EU/International Institution code: D26 UCAS course code: L100 Duration: Three years full-time, four years with a placement. Fees and funding: 2024/25 tuition fees for UK students: £9,250 How to apply Submit a study-related enquiry Institution code: D26 UCAS course code: L100 Duration: Three years full-time, four years with a placement. Fees and funding: 2024/25 tuition fees for international students: £15,750. How to apply Application guidance document Submit a study-related enquiry