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Business Economics BSc Honours

Learn about the course below
October 2023
3 years full-time
6 years part-time
£9,250 (UK) *
£15,100 (EU / INT) *
Course leader
Azizun Nessa

This degree weaves academic learning into the business context internationally. You'll be exposed to applying economics into action by completing a valuable paid placement year in public, private or voluntary organisations. Upon graduation, you'll have the necessary skills and experience to develop a career in government departments, banks, risk and insurance sectors, investment and broking firms, retail and manufacturing firms, and charities.

Why study BSc Business Economics at Middlesex University?

This course will give you the solid working knowledge of both theoretical and empirical methods that can be applied to the industry and world context of business economics.

The programme aims to provide students with:

  • A firm foundation of knowledge about the workings of economic systems and to develop the relevant skills for the constructive use of that knowledge in a business setting.
  • Stimulate students intellectually through the study of economics and to lead them to appreciate its applications to business practice.
  • Develop in students, through the study of economics, a range of generic skills that will be of value in employment and self-employment.
  • Provide students with analytical skills and an ability to develop simplifying frameworks for studying the real world.
  • Develop in students an ability to interpret real world economic events and critically assess a range of types of evidence.
  • Provide students with the knowledge and skills base from which they can proceed to further studies in economics, related areas or in multidisciplinary areas that involve economics.

You'll gain a strong understanding of individual and firm behaviour under uncertainty as well as price determinism and discrimination. You'll study oligopolistic pricing using games and economic experiments and you'll explore world financial markets, regulators and financial instruments.

You'll also develop your knowledge on securities analysis and investment as well as econometrics and sampling techniques, and risk and probability distributions.

You'll be enabled to develop a robust ability to use Excel, Statistical software, interpret financial data and write business reports.

Course highlights

  • Strong focus on applicable knowledge within the industry
  • Advisory board support from eminent economists and industry personnel
  • Well- founded links with the financial, governmental and voluntary organisations
  • Supported work placements and internships and also overseas study in linked universities
  • Strong tutorial expertise on behavioural and experimental economics
  • In addition to your degree you can gain additional qualifications in information technology (Bloomberg/DataStream certifications).
  • The program benefits from links with industry, London Trading Group, and visiting lecturer who has extensive industry experience.

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What will you study on BSc Business Economics?

Over the duration of this course, you'll be introduced to Micro and Macro-economic theories and examine how these theories are being applied in real world situations. You'll also be trained to critically evaluate if the theories could effectively be applied to solve current real economic issues.

One of the most innovate modules of the programme, Economics of Entertainment and Sports, will give you the opportunity to apply Micro, Macro and Econometric theories to the running of one of the more lucrative industries in London.

You'll also explore essential quantitative techniques in handling and making use of data to help with running and growing businesses.

What will you gain?

As well as in-depth understanding of Business Economics, you will also gain transferable skills such as communication and computational skills.

You'll have the knowledge and understanding to design data collection tools as well as analyse and interpret the data with an aim to help improve business decisions and operations. You'll be able to critically read, write, listen, present and argue economic concepts and their applicability.

You'll gain an awareness of current economic and financial news happening and their potential impacts on businesses.


  • Year 1 - Compulsory

    • Economics Principles (30 credits)

      This module will allow you to examine micro and macro-economic theories in the business environment.

    • Economics Applications (30 credits)

      In this module, you'll apply selected micro and macro-economic theories to the running of business in the real world.

    • Quantitative Methods for Finance (30 credits)

      In this module, you'll explore computational skills to help manage business finance.

    • Financial Concepts of Business (30 credits)

      In this module, you'll gain an understanding in interpreting financial data for businesses.

  • Year 2 - Compulsory

    • Economics Analysis and Policy (30 credits)

      In this module, you'll critically assess the applicability of micro and macro-economic theories to formulating policies that would impact on businesses.

    • Trade and International Business (30 credits)

      This module will give you the skills to decipher how businesses can be conducted internationally though trade.

    • Banking Theory and Practice (30 credits)

      This module will allow you to understand how banking systems and practices originate. You'll also look at how businesses would be affected by any such changes.

    • Accounting and Finance for Business (30 credits)

      This module will enable you to acquire the accounting skills relevant for running, overseeing and planning for business operation and expansion.

  • Year 3 - Compulsory

    • Applied Econometrics (30 credits)

      In this module, you'll get hands-on experience in designing, conducting and interpreting survey data relevant for business planning and operations.

    • Economics of Entertainment and Sports (30 credits)

      This module will allow you to smartly apply traditional micro and macro-economic theories to explain modern lucrative business operations in the entertainment and sports industries.

  • Year 3 - Optional

    • International Finance (30 credits)

      In this module, you'll investigate how foreign exchange risks might impact on businesses. You'll also examine possible financial risk management strategies.

    • Business Start-up (30 credits)

      This module will give you hands-on experience in designing and planning the set-up of a start-up business and evaluating all potential business challenges it might face.

    • Financial Risk Management in Banking (30 credits)
    • Work Internship (30 credits)

      The internship module gives you the opportunity to undertake a period of work experience for a minimum of 30 days. This will facilitate you to gain an insight into the world of work and appropriate conduct at work, and the process of becoming and staying employable through assertiveness, continuing development and reflection on both your development and the link between theory and practice. You will also develop an understanding of the organisation, sector and the environment in which it operates.

More information about this course

To find out more about this highly regarded course, please download the full specification:

We review our courses regularly to improve your experience and graduate prospects so modules may be subject to change.

  1. Overview
  2. Teaching and learning
  3. Assessment and feedback
  1. Standard entry requirements
  2. International (inc. EU)
  3. How to apply
  1. UK
  2. EU / International
  3. Additional costs

How can the BSc Business Economics support your career?

Economists with analytical and quantitative skills are highly sought after by the private and public sector, big and small firms, large international agencies, schools and universities, economic policy makers, and social organisations. Students exiting the programme could have a career as:

  • Applied Economist
  • Business Analyst
  • Economic Consultant
  • Energy Research Officer
  • Environmental Economist
  • Financial Policy Advisor
  • Graduate Economist
  • Health Economist
  • International Economist
  • Institution Development Coordinator
  • Teaching Assistant in Economics
  • Microeconomic Analyst
  • Policy Analyst
  • Trainee Dealer
  • Pricing departments for Mobile phone companies, airlines, power industry, etc.

Graduating students with a BSc (Hons) Business Economics Degree will be advantageously equipped to further complement their technical skillset with Middlesex’s newly developed Master of Behavioural Economics in Action.

You could also continue into further education with a master's degree.

Previous graduates have progressed into careers with such companies and organisations as:

  • J.P. Morgan Chase
  • KPMG
  • GSA Capital
  • JDS consulting firm
  • FDM group
  • Handles Banken

Professor Praveen Kujal
Head of Department

Professor Kujal is a leading researcher published widely in the field of behavioural and experimental economics. He is also an expert in industrial organisations.

We’ll carefully manage any future changes to courses, or the support and other services available to you, if these are necessary because of things like changes to government health and safety advice, or any changes to the law.

Any decisions will be taken in line with both external advice and the University’s Regulations which include information on this.

Our priority will always be to maintain academic standards and quality so that your learning outcomes are not affected by any adjustments that we may have to make.

At all times we’ll aim to keep you well informed of how we may need to respond to changing circumstances, and about support that we’ll provide to you.

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