Undergraduate Study2015 Prospectus

Courses

BSc (Hons)

Economics

School of Business and Economics

Year of entry: 2015

Economics relates to every aspect of our lives, from the decisions we make as individuals to the structures created by governments and companies. Economics will give you new perspectives on some of the most pressing and challenging problems and choices facing the world today.

Course information

Why Choose Us?

  • Consistently rated as a Top-10 UK Business School
  • Among just 1% of Business Schools in the world to be EQUIS accredited
    (by the European Foundation for Management Development)
  • 95% of our Economics research was rated of international standard by the 2008 Research Assessment Exercise (RAE)

As an economist you will develop the skills to understand how consumers and firms interact and behave, how government policy affects the economy and how financial systems operate.

You will develop key skills that employers value, such as problem solving, statistical analysis and presenting projects. By providing an in-depth analysis of firms’ decision making in a variety of setting, economics can help business managers make better production and investment decisions.

This course allows maximum choice and flexibility. You can choose a highly specialised mix of options that appeal to your interests and career aspirations.

Teaching and Learning Methods

We are committed to helping you stand out in the increasingly competitive graduate job market and many of our graduates go on to enjoy rewarding careers with major international companies.

Our high quality courses develop skills valued by employers including independent learning and research, analytical skills, group work, presentation skills, project work, computer skills and numeracy. Our wide variety of optional modules enables students to focus on areas related to their career aspirations.

Lectures are supported by online resources, tutorials, workshops, seminars and discussion groups. Some tutorials are streamed according to prior qualifications in mathematics and economics.

Assessment

Depending on the nature of the material, some modules are assessed by a mixture of coursework and examination (for example 25% coursework and 75% examination), whilst other modules are assessed by 100% coursework or 100% by examination.

Coursework is based on a variety of tasks including individual essays, projects, contribution in tutorials, group work, class tests, problem-sheets and computer-based exercises.

Placement Year 

You can choose to extend your degree by opting to study abroad for a year between the second and final year of your degree course, or by taking a year-long salaried professional placement.

Satisfactory completion of either of these options results in a Diploma in International Studies (DIntS) for those studying aboard, or a Diploma in Professional Studies (DPS) for those doing a placement in addition to your degree on graduation.

Our dedicated placements office has contacts with over 400 companies worldwide who regularly target our students to recruit for salaried placement positions, many of whom are offered a job after their degree.

Study Abroad

Studying abroad offers a wonderful opportunity to enhance language skills and experience living abroad.

Exchange opportunities currently exist in Germany, Belgium, France, Portugal, Spain, Greece and Italy in Europe, as well as in Hong Kong (China), Toronto (Canada), Purdue (USA) and Perth and Sydney (Australia).

Enterprise Ethos

We encourage a spirit of enterprise here at Loughborough. It’s a key part of the Loughborough experience and it can really boost your job prospects. Student Enterprise thrives on campus with a range of extra-curricular activities including business planning competitions, events, and support services for students with real business ideas.

Selection

Selection interviews are not normally held, and offers of places are made on the basis of your UCAS form, particularly your referee’s report and previous examination performances. Candidates who are offered a place are invited to visit the School and meet staff and current students on one of several Visit Days.

Career Prospects

Graduates enter fields as diverse as banking, accountancy, financial management, insurance and marketing, while others are employed in more general management positions.

Employers regularly place Loughborough in the top rank of universities for graduate recruitment. Example graduate destinations include: Citigroup – Analyst, Deloitte – Associate Auditor, Deutsche Bank – Finance Analyst, Experian – Data Analyst and PricewaterhouseCoopers – Tax Technician. 

*Diploma in Professional/International Studies

Course structure

Year 1

Core modules:

  • Principles of Macroeconomics
  • Principles of Microeconomics
  • Data Analysis 
  • Quantitative Economics

Plus a number modules from a list of options (including Human Geography, Politics, Sociology, Social Policy, Languages, Management, Accounting).

Year 2

Core modules:

  • Intermediate Macroeconomics
  • Intermediate Microeconomics 
  • Introduction to Econometrics

Plus a number modules from a list of options including:

  • Economics of the Financial System
  • Economics of the Welfare State
  • Energy and the Environment
  • Introduction to Finance
  • International Economic Relations
  • Economics of Leisure and Tourism
  • Transport Economics
  • Marketing
  • Operations Management
Year 3
  • Optional Placement Year or Studying Abroad
Final Year

Core modules:

  • Developments in Macroeconomics
  • Developments in Microeconomics 
  • Econometric Modelling
  • Research and Communication Skills in Economics

Optional modules:

  • International Money and Finance
  • International Trade
  • Economics of Developing Countries
  • Industrial Economics
  • Financial Economics and Corporate Finance
  • Monetary Theory and Policy
  • Comparative Banking
  • Public Finance
  • Economics of Transition

Please note that optional modules are subject to availability and timetable permitting.

Entry requirements and UCAS codes

Choose a study option below for details of the entry requirements.

UCAS code: L100BSc (Hons) 3 years full-time

A-Level
AAB normally at the same sitting (Critical Thinking and Communication and Culture not usually accepted). In some circumstances we may ask applicants to achieve specific grades in certain subjects
SQA AH
A2 B1, plus Highers at A2 A2 A2 B1 B1
IB
36 points minimum
Other
BTEC Level 3 Extended Diploma: DDD profile
Additional
Strong GCSE profile including minimum grade B in Maths and English (or equivalent)

UCAS code: L10ABSc (Hons) DPS/DIntS 4 years full-time sandwich

A-Level
AAB normally at the same sitting (Critical Thinking and Communication and Culture not usually accepted). In some circumstances we may ask applicants to achieve specific grades in certain subjects
SQA AH
A2 B1, plus Highers at A2 A2 A2 B1 B1
IB
36 points minimum
Other
BTEC Level 3 Extended Diploma: DDD profile
Additional
Strong GCSE profile including minimum grade B in Maths and English (or equivalent)

The entry requirements for each course should be read alongside the University’s general entrance requirements, which give further details on acceptable subjects, alternative qualifications and minimum English language requirements.

SQA AHScottish Qualifications Authority Advanced Highers IBInternational Baccalaureate Diploma DPSDiploma in Professional Studies DISDiploma in Industrial Studies DIntSDiploma in International Studies

Department / School Key Information Sets

BSc (Hons) 3 years full-time

UCAS code: L100

BSc (Hons) DPS/DIntS 4 years full-time sandwich

UCAS code: L10A