This degree covers all the topics you need to succeed as an economist, with plenty of flexibility built in to tailor the course to the areas that interest you.

In year one: you will develop your understanding of economic theory and applied economics, while also delving into areas like data analysis and quantitative economics. This will give you a strong basis to build on in the rest of your degree.

In year two: you will dive deeper into macroeconomics and microeconomics and start looking at areas like econometrics, and sustainable economic development and policy. You will have lots of choice of optional modules in everything from the future workplace, to the economics of social issues.

In year three (after you have been on placement if you choose to do so): you will develop your skills further and tailor the content towards the areas that most appeal. Choose from topics like environmental economics, financial economics and asset pricing, and international trade.

Compulsory modules

Principles of Macroeconomics

This module aims to provide a sound, basic understanding of modern macroeconomics, its historical development and its application to theoretical and real-world problems, using diagrams, simple mathematics and writing.

Principles of Microeconomics

This module aims to develop an understanding of consumer and producer behaviour, market outcomes and government policy using diagrams and simple mathematics.

Quantitative Economics

This module aims to help students to experience the mathematics which is useful for all three years of the economics degree. Emphasis is on calculus-based approaches to economic models. Provision is made for students with and without an A level mathematics background.

Foundations for Economists

The aim of this module is to introduce students to the contributions of great economic thinkers. Emphasis on ethical approaches to economic analysis and models.

Responsible Management Practice

The aims of this module are to:

  • Explore the origins and concepts of responsible management practice (RMP).
  • Examine RMP within a range of contemporary contexts.
  • Develop expertise in key academic skills for university life and beyond.

Data Analysis

This module aims to examine some basic tools of data analysis employed in the evaluation of economic statements or arguments, and to acquire an initial set of IT skills to carry out some applied, basic statistical analysis.

Statistics for Economics

This module aims to examine some statistical analysis tools employed in the evaluation of economic problems and arguments.

Optional modules

Foundation Maths for Quantitative Economics

This module aims to provide additional maths support for the student with less of a background in mathematics. Students who do not have an A in A Level Maths are strongly encouraged to register for this optional module.

Introduction to Accounting

The aims of this module are to:

  • provide an introduction to financial accounting, its key concepts and context;
  • develop students' skills in preparing and interpreting financial statements;
  • explore the subjective nature of financial reporting, its benefits and its limitations;
  • develop students' analytical and written presentational skills;
  • develop and enhance transferable skills.

Organisational Behaviour

The aims of this module are

  • Prepare students with a sound foundation of behavioural and organisational concepts for subsequent management modules.
  • Develop an understanding of individual, group, and organisational characteristics and processes and their influence on organisational outcomes.
  • Develop an understanding of contextual influences on individuals and groups at work.

Principles of Law

The aims of this module are:

  • To introduce basic legal concepts relevant to commercial activity, and to explain their relevance as a parameter of business decision-making.
  • To explain how legal principles are created by both case law and statute.
  • To illustrate their relevance to all aspects of business activity.

Social and Cultural Geography

The aims of this module are to introduce students to key concepts in social and cultural geography, examine case studies of social and cultural change in the global North and global South, and familiarise students with writers and texts in social and cultural geography.

Politics and Government (10 credits)

This module introduces students to key concepts and theories used in the study of advanced democracies. Taking the United Kingdom as its starting point, it provides an overview of key historical and contemporary debates and draws on quantitative and qualitative research traditions in Comparative Politics.

Understanding Social Policy

This module introduces students to the development of welfare state by examining topical debates and case study examples of social policy in practice. It introduces students to the chronological development of the welfare state that acts as a historical framework for understanding pertinent contemporary social issues.

University-wide Language Programme

This is a 10 credit module from the University-wide language programme.

Compulsory modules

Intermediate Macroeconomics

The aim of this module is to examine macroeconomic theory and policy at an intermediate level.

Intermediate Microeconomics

The aim of this module is to develop an analytical understanding of consumer and producer behaviour given the choices and constraints they face at the microeconomic level, and a basic understanding of the interaction of individuals' behaviour at the level of the whole economy.

Introduction to Econometrics

The aim of this module is for the student to understand both basic and more advanced techniques of econometrics that will allow economic theories to be tested using econometric computer software.

Sustainable Economic Development and Policy

The module aims to provide students with the economic knowledge necessary to understand major policy issues in the twenty-first century. This module serves as a complement to core microeconomics and macroeconomics modules.

Optional modules

Introduction to Financial Economics

The aims of this module are to:

  • Introduce students to basic concepts in finance and to equip them for further study in more advanced topics and modules in finance.
  • Explain the functions of capital markets in the economy, the ways in which economic activity is financed and implications for the flow of funds, and the role of the stock exchange in this process.
  • Explain basic techniques of financial analysis, especially the valuation of simple securities, including shares, bonds and money market investments.
  • Examine investment decision rules.
  • Discuss issues pertaining to risk and the opportunity cost of capital.
  • Explain how corporations finance capital expenditure via equity or debt.
  • Examine a number of additional issues such as agency problems, market efficiency, payout policy, risk management, financial planning, and mergers.

International Economic Relations

This module is an introduction to the economic analysis of some of the key real (i.e. non-monetary) phenomena that are associated with globalisation. In particular, we will examine how economists study international trade flows; trade policy; and foreign direct investment (FDI) and multinational enterprises (MNEs). We will also analyse the basis, both in positive economics and in normative/ethical concerns, of selected controversies surrounding globalisation.

Economics of the Financial System

The aims of the module are for students to:

  • Become familiar with economic concepts used to analyse financial markets and financial institutions.
  • Gain experience in using financial and economic statistics and case studies relevant to understanding financial markets and institutions.
  • Obtain insight into some of the principal current business and policy issues in the financial system, both in capital markets and commercial banking.

History of Economic Thought

The module will develop knowledge and understanding of the history of economic ideas since Classical Economics.

Business Information Management

The aims of this module are:

  • To provide students with the basic information management and information systems knowledge and skills relevant to managers.
  • To build on the first year skills module.
  • To prepare students for further IT modules in semester 2 and/or in their final year.
  • To provide students with a framework within which they can analyse the information and IT needs of businesses.
  • To prepare students for their Industrial and Professional Studies placements.
  • To develop relevant transferable skills.

Marketing

The aims of this module are:

  • To introduce students to the concepts, principles and techniques involved in marketing.
  • To familiarise students with the role of marketing management within organisations (including retail, consumer goods, industrial goods, service, non-profit oriented) and across international contexts.

The Future Workplace

The aims of this module are to:

  • Explore current and future development in the workplace.
  • Examine the future of work within a range of exciting contemporary contexts.
  • Develop expertise in employability skills and preparedness for the future workplace, including internships and Part I placements/study abroad.

Human Resource Management

The aims of this module are:

  • To build on the pre-requisite module.
  • To examine critically the role of the Human Resource Management (HRM) function within the contemporary organisation.
  • To develop a clear understanding of the role of the HRM function in maintaining an equitable relationship between employer and employee.

Accounting for Managers

The aims of this module are to:

  • To introduce students to a range of technical and analytical skills.
  • To illustrate the application of analysis in a business context.
  • To evaluate the use of accounting and financial management in planning, decision making and control.

Management Science Methods

The aims of this module are:

  • To ensure that students have an understanding of the key principles, models and techniques used to tackle management decision problems.
  • To develop skills in the analysis and modelling of management situations and approaches to evaluation and assessment of alternatives in complex scenarios.
  • To develop core concepts and skills required to effectively support managers faced with decision problems.

The Economics of Social Issues

The aims of the module are to give an understanding of the connection between social objectives and economic activity.

Programming for Business Analytics

The aims of this module are:

  • Provide students with basic programming skills and techniques, focusing on structured programming principles, relevant in solving real-world challenges in business analytics.
  • Prepare students with the required foundational knowledge for further learning in digital business and analytics.
  • Enable students in developing relevant transferable skills required during professional study placement, and within the industry.

Company Law

The aims of this module are:

  • To introduce the fundamental principles of company law.
  • To develop an understanding of the significance of the company within the context of commercial activity.

Financial Statements Analysis and Valuations

The aims of this module are to:

  • Develop an understanding of, and apply, the tools of financial statements analysis to restate a set of financial statements, conduct a performance appraisal and forecast earnings.
  • Develop an understanding of, and apply, valuation tools to explore and critically evaluate valuation issues.
  • Develop spreadsheet modelling skills and prepare a professional performance and valuation appraisal report.
  • Develop and enhance transferable skills.

Data Analysis for Management

The aims of this module are to:

  • Further develop the concepts and skills required to use statistics to help managers in decision making.
  • Build on the prerequisite module.
  • Extend competence in the use of computer packages.
  • Develop the ability to build models to help solve management problems.
  • Develop relevant transferable skills.

Digital Marketing

The module aims to equip students with an in-depth knowledge of the digital marketing, including social media. We will also study the underlying academic theories of marketing, business and consumer behavior and how these relate to the application of digital marketing in the real world.

University-wide Language Programme

This is a 10 credit module from the University-wide language programme.

Compulsory modules

Research and Communication Skills for Economists

The aim of this module is to equip students with core skills which are valued highly by employers. Students will learn how to think and research like economists when evaluating policy and business related problems.

They will also develop the skills to communicate and present their analysis confidently and persuasively. The emphasis throughout is on gaining skills and attitudes that support the application of economics to questions of contemporary relevance.

Optional modules

Applied Econometrics

The aim of this module is to build on the introductory econometrics taught at level B in order to develop an understanding of more advanced econometrics techniques for time-series, cross-section and panel data.

Developments in Microeconomics

This module aims to introduce rigorous economic and mathematical methods for studying how microeconomic tools are used in the design of public policies. It covers a selection of modern microeconomic methodologies and applications.

The aim is to extend students' microeconomic grasp beyond that covered in Part B in ways which complement other final year modules and equip students with a solid foundation for understanding recent developments in microeconomic theory.

At the end of the module, students should have gained an insight into how information, motivation, behaviour and market structure combine to generate many economic outcomes.

Developments in Macroeconomics

This module will examine the developments in the underlying foundations of modern macroeconomics from Keynes to the present day, through an analysis of specific macroeconomic models and policy issues.

International Money & Finance

The aim of this module is to use macroeconomic theory to analyse open economy issues, paying attention to long run and short run models as well as dynamics.

Financial Economics and Asset Pricing

The aims of this module are to:

  • Introduce students to fundamental concepts in modern portfolio theory.
  • Develop and analyse the formal economic theory of capital markets and the pricing of capital assets.
  • Explain the concept of arbitrage and its relevance to the analysis of asset prices and portfolio management.

Behavioural Economics

This module aims to give an understanding of the connection between social objectives and economic policy.

International Trade

The aims of the module are:

  • To provide students with tools that can be used to explore the subject of international trade rigorously at an advanced undergraduate level of analysis.
  • To develop the students' knowledge of the various determinants of international trade in order to be able to account for observed trade patterns.
  • To enable students to identify the welfare effects of trade liberalisation and to evaluate the arguments for trade policies.
  • To introduce students to modern analyses of international trade under imperfect competition.

Environmental Economics

The aims of this module are:

  • To introduce the student to a range of environmental issues, and show how these issues can be analysed using the application of intermediate economic theory and intermediate statistical techniques covered in the degree programme.
  • Show how the above analysis can be used to inform the current domestic and international environmental policy debates.

Entrepreneurship and Innovation

This module aims to equip students with an applied understanding of entrepreneurs and their activities in a wide range of contemporary settings.

Corporate Governance

The aims of this module are:

  • To provide an introduction to corporate governance in the UK.
  • To provide an understanding of different governance mechanisms.
  • To develop relevant transferable skills.

Business Systems

The aims of this module are:

  • To develop an appreciation of the use of Management Information Systems in business contexts, particularly in management planning, decision-making and control.
  • To develop a critical perspective on Information Systems within contemporary organisations and society.
  • To build on previous modules which introduced management aspects of Information Systems and on students' experience of working with such systems during the Industrial & Professional Studies year.

Multinational Financial Management

The aims of this module are to:

  • Build on the pre-requisite modules.
  • Develop an understanding of the practice of financial management in companies operating in the international environment.
  • Develop an understanding of balance of payment dynamics, international capital flows and nature of currency attacks.
  • Develop critical reasoning skills in the context of international financial risk management.

This course explores managing international business and global competition with an understanding of international financial instruments, markets and institutions.

Industrial Economics

The aim of the module is to develop economic skills to analyse strategic interaction among firms in imperfectly competitive markets or regulated industries.

Central Banking and Financial Crises

The aim of this module is for the student to appreciate how and why central banks use monetary policy, with a view to understanding noteworthy recent and historical policy developments in the UK, the US, Japan, and the Euro area.

Part of the module is geared towards understanding how central banks react to financial crises, with special emphasis placed on the recent global financial crisis, as well as important historical events such as the great depression. The module aims to make students appreciate how the central bank is at the heart of a country's financial and economic system.

Managerial Economics

The module aims to link economic theory to management disciplines. Students will explore the ways in which managers can exploit economic theories to inform their decision-making processes and the impact it has at the macro level. Students will study the economics of management and organisation practices at the firm level. Students will also examine problems faced by managers and will gain a better understanding of the external environment in which the organisation operates. The module will also emphasise the role of corporate governance in the broader corporate environment.

Labour Economics

The module aims to introduce students to key theories in the analysis of labour markets and to develop both a knowledge of empirical evidence and the capacity to evaluate critically the evidence available. The module will introduce students to recent developments in labour economics research and at the same time discuss policy relevant topics.

Development Economics

This module aims to introduce students to development economics, which is the study of how economies are transformed to overcome problems of absolute poverty, from low-income to high-income status and also from stagnation to growth.

The main focus of this module is on the world's poorest. The module examines essential aspects of the economic lives of the poor including poverty and income inequality; gender inequality; human capital - health and education; population growth; financial aid and access; and civil and ethnic conflicts. In part, this module also aims to examine how markets and institutions work (or do not work) for the poor as a basis for understanding development policy debates.

Corporate Finance and Derivatives

The aims of this module are to provide:

  • A sound practical and theoretical understanding of corporate finance, in particular corporate investment decisions.
  • Awareness of the major derivative products and markets.
  • Conceptual understanding of arbitrage pricing of financial derivatives.
  • Practical experience of implementing some of the most widely used corporate finance and derivative pricing models.

Behavioural Finance

The aims of this module are to:

  • Provide an understanding of mathematical models of behavioural foundations of financial decisions.
  • Develop skills that will enable students to critically analyse financial decisions in greater depth.
  • Deepen and broaden students' conceptual understanding of how financial markets 'actually work' and how people 'actually make decisions' using real-life cases and experimental results.

Rethinking Leadership: Theory and Practice

The aim of this module is to examine the roles of leadership in contributing to organisational and individual outcomes, as well as preparing students for their development into leadership roles.

Project Management

The aims of this module are:

  • To provide students with a critical theoretical and practical understanding of key topics in managing projects.
  • To provide students with an understanding of the role of a project manager.
  • To develop a critical appreciation of business and interpersonal skills relevant to managing projects.

Business Optimisation

The aims of this module are to:

  • Develop the ability to build models to help managers optimise a range of business processes and decisions.
  • Further develop the concepts and skills required to a software use to help managers in decision making.

University-wide Language Programme

This is a 10 credit module from the University-wide language programme.

The information above is intended as an example only, featuring module details for the current year of study. Modules are reviewed on an annual basis and may be subject to future changes – revised details will be published through Programme Specifications ahead of each academic year. Please also see Terms and Conditions of Study for more information.