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.
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.
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.
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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.
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.
This module will allow you to examine micro and macro-economic theories in the business environment.
In this module, you'll apply selected micro and macro-economic theories to the running of business in the real world.
In this module, you'll explore computational skills to help manage business finance.
In this module, you'll gain an understanding in interpreting financial data for businesses.
In this module, you'll critically assess the applicability of micro and macro-economic theories to formulating policies that would impact on businesses.
This module will give you the skills to decipher how businesses can be conducted internationally though trade.
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.
This module will enable you to acquire the accounting skills relevant for running, overseeing and planning for business operation and expansion.
In this module, you'll get hands-on experience in designing, conducting and interpreting survey data relevant for business planning and operations.
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.
This module will enable you to critically examine specific business financial decisions such as investment, financing and pay-out policies.
In this module, you'll gain an understanding of how businesses would be affected by government’s changing monetary policies.
In this module, you'll investigate how foreign exchange risks might impact on businesses. You'll also examine possible financial risk management strategies.
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.
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.
You can find more information about this course in the programme specification. Optional modules are usually available at levels 5 and 6, although optional modules are not offered on every course. Where optional modules are available, you will be asked to make your choice during the previous academic year. If we have insufficient numbers of students interested in an optional module, or there are staffing changes which affect the teaching, it may not be offered. If an optional module will not run, we will advise you after the module selection period when numbers are confirmed, or at the earliest time that the programme team make the decision not to run the module, and help you choose an alternative module.
You'll attend lectures to introduce new concepts and theories and to form the basis for discussion. Seminars and workshops are also used to reinforce the learning materials covered in lectures where you'll be given more time and opportunities to express your views and share your findings relating to the seminar works.
We encourage our students to undertake a paid work placement during their studies either as a year long assignment between Year 2 and 3, or as two shorter placements during the summers of Year 1 and 2, and between Year 2 and 3. The paid, year-long work placement exempts you from paying tuition fees for the full academic year ensuring you gain the necessary practical skills to embark on your chosen career.
You'll be assessed using a variety of methods including group and individual project or reports, written and oral presentations, bite-size revision type quizzes and end of term exams.
This course will give you the subject knowledge as well as the transferable skills that are highly sought after by employers. Typical job roles available could be Business / Economic / Data Analyst, Director, Manager, Teacher or Administrator in private business or public bodies like the NHS.
You could also continue into further education with a master's degree.
Previous graduates have progressed into careers with such companies and organisations as:
Professor Kujal is a leading researcher published widely in the field of behavioural and experimental economics. He is also an expert in industrial organisations.
Dr Vecchi is a leading researcher in the field of Econometrics. She is very supportive to students and was nominated as the most inspiring teaching, Business in the student-led Teaching Awards, 2018.
Dr Mavridis is an active researcher in the field of Quantitative Economics, Trade and Growth. He will be involved in delivering our new innovative module ‘Economics of Entertainment and Sports’.