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Business Economics BSc Honours

Learn about the course below
Code
L110
Start
October 2020
Duration
3 years full-time
6 years part-time
Attendance
Full-time
Part-time
Fees
£9,250 (UK/EU) *
£13,400 (INT) *
Course leader
Dr Xufei Zhang

We’re planning to teach through a flexible combination of online and face to face learning as we start the new academic year. If you’re thinking about starting in autumn 2020, there’s more detail on how we’ll deliver your course below, and in particular on the ‘Teaching’ tab under ‘Teaching and learning – changes for students in 2020’.

This course is now available in Clearing.
Follow this link or call 020 8411 6565 for more info

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.

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

  • Solid focus on applying knowledge into the industry context
  • 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

Find out more

Sign up now to receive more information about studying at Middlesex University London, including updates on places available in Clearing for 2020 entry.

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.

Modules

We’ve made sure that the skills and knowledge that you’ll gain on your course will not change during the coronavirus outbreak. If you’re applying to start this course or progressing into year one, two or three this autumn, your module information is below.

  • Year 1

    • Economics Principles (30 credits) - Compulsory

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

    • Economics Applications (30 credits) - Compulsory

      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) - Compulsory

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

    • Financial Concepts of Business (30 credits) - Compulsory

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

  • Year 2

    • Economics Analysis and Policy (30 credits) - Compulsory

      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) - Compulsory

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

    • Banking Theory and Practice (30 credits) - Compulsory

      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) - Compulsory

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

  • Year 3

    • Applied Econometrics (30 credits) - Compulsory

      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) - Optional

      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.

    • Business Finance (30 credits) - Compulsory

      This module will enable you to critically examine specific business financial decisions such as investment, financing and pay-out policies.

    • Monetary Policy (30 credits) - Optional

      In this module, you'll gain an understanding of how businesses would be affected by government’s changing monetary policies.

    • International Finance (30 credits) - Optional

      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) - Optional

      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.

    • Work Internship (30 credits) - Optional

      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

See the course specification for more information about typical course content outside of the coronavirus outbreak:

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.

  1. Overview
  2. Teaching and learning – changes for students in 2020
  3. Teaching and learning – typical structure
  4. Assessment and feedback
  1. UK & EU
  2. International
  3. How to apply
  1. UK & EU
  2. International
  3. Additional costs

How can the BSc Business Economics support your career?

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:

  • 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.

Dr Michela Vecchi
Associate Professor

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 Christos Mavridis
Senior lecturer

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’.



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.

Other courses

Economics BSc Honours

Start: October 2020

Duration: 3 years full-time, 6 years part-time

Code: L101

Economics (Financial Economics) BSc Honours

Start: October 2020

Duration: 3 years full-time, 6 years part-time

Code: LF04

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