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Foundation Year in Economics

Learn about the course below
Code
See how to apply tab
Start
October 2022
Duration
1 year full-time
Plus 3 years full-time
Attendance
Full-time
Fees
£9,250
£14,700

The Foundation Year in Economics is offered as an entry route to a business degree for those who don't yet meet the entry requirements for degree-level study.

Why study the Foundation Year in Economics* at Middlesex University?

The Foundation Year in Economics is taught by the same lecturing staff who teach on our degree courses and you are taught in small group seminars, workshops and lectures. You will be able to develop transferable skills in business, communication and problem-solving.

You will enrol on a four-year course, which includes the one-year foundation course. If you complete this year successfully you progress directly onto one of our three-year degree courses in this subject area.

The Foundation Year is for you if:

  • you do not have the right qualifications for a full degree
  • you feel you are not yet ready for degree-level study
  • you are returning to study and feel you need some help to get up to speed with the demands of learning before embarking on a degree.

How to apply

If you are interested in studying the Economics foundation year you must apply to one of our four-year degree courses. Please have a look at the How to apply tab for further information. Successful completion of the foundation year guarantees entry onto your chosen economics degree.

We offer the following courses:


Find out more

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What will you study on the Foundation Year in Economics?

You will study four modules over the year. Each module is one year long which means you have the chance to examine topics in-depth. As a student of this course you'll receive a free electronic textbook for every module.

Modules

  • Modules - changes for students in 2020

    • Academic Writing and Research Skills for Business (30 credits) - Compulsory

      This module will give you the fundamental written and oral communication skills required for studying at degree level. You'll develop analytical skills through problem solving, build your confidence working individually and as a member of a team, and gain appreciation of research techniques by using a range of library and e-learning resources.

    • Introduction to Business (30 credits) - Compulsory

      This module introduce you to the notion of business, its environment,and its domains through literature. The module will develop your ability to source, read, understand and utilise business knowledge effectively. You'll also gain an introduction to business and develop your communication, study and team work skills.

    • Fundamentals of Business Mathematics (30 credits) - Compulsory

      This module introduces fundamental mathematical topics and concepts that are required in a range of business subjects studied at degree level. You'll begin to develop an appreciation of the importance of mathematics as an aid to understanding and describing abstract ideas. You'll cover introductory areas of mathematics including numbers, algebra, financial mathematics and index numbers in a structured and supportive environment. Software will be used to demonstrate and elucidate material and to motivate its use in real world situations.

    • Accounting Foundation Project (30 credits) - Compulsory

      This module aims to provide you with the experience of a range of accounting projects that reinforce understanding of materials taught and provide opportunities to apply the knowledge you've gained in other Foundation Year modules.

  • Modules - typical course content

    • Academic Writing and Research Skills for Business (30 credits) - Compulsory

      This module will give you the fundamental written and oral communication skills required for studying at degree level. You'll develop analytical skills through problem solving, build your confidence working individually and as a member of a team, and gain appreciation of research techniques by using a range of library and e-learning resources.

    • Introduction to Business (30 credits) - Compulsory

      This module introduce you to the notion of business, its environment,and its domains through literature. The module will develop your ability to source, read, understand and utilise business knowledge effectively. You'll also gain an introduction to business and develop your communication, study and team work skills.

    • Fundamentals of Business Mathematics (30 credits) - Compulsory

      This module introduces fundamental mathematical topics and concepts that are required in a range of business subjects studied at degree level. You'll begin to develop an appreciation of the importance of mathematics as an aid to understanding and describing abstract ideas. You'll cover introductory areas of mathematics including numbers, algebra, financial mathematics and index numbers in a structured and supportive environment. Software will be used to demonstrate and elucidate material and to motivate its use in real world situations.

    • Economics Foundation Project (30 credits) - Compulsory

      The aim of this module is to enable you to use economic theories and skills to analyse real life economic problems; and it covers microeconomics, macroeconomics, and statistics/econometrics. Lectures will be delivered to introduce theories and computer labs will be delivered to relate theories to practice. Summative assessments include course work and presentation to improve both writing and communication skills.

More information about this course

See the course specification for more information:

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.

We are regularly reviewing and updating our programmes to ensure you have the best learning experience. We are taking what we've learnt during the pandemic and enhancing our teaching methods with new and innovative ways of learning. Please regularly check this section of the course page for updates.

How is the BSc Economics with Foundation Year taught?

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.

Assessment

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.

Teaching and learning in 2021/22

We have developed new approaches to teaching and learning for the 2021/22 academic year, and have resumed the majority of our teaching on campus.

We are currently reviewing our approach to teaching and learning for 2022 entry and beyond. We've learned a lot about how to give you a quality education - we aim to combine the best of our pre-pandemic teaching and learning with access to online learning and digital resources which put you more in charge of when and how you study. We will keep you updated on this throughout the application process.

Your timetable will be built around on campus sessions using our professional facilities, with online sessions for some activities where we know being virtual will add value. We’ll use technology to enhance all of your learning and give you access to online resources to use in your own time.

The table below gives you an idea of what learning looks like across a typical week. Some weeks are different due to how we schedule classes and arrange on campus sessions.

This information is likely to change slightly for 2022 entry as our plans evolve. You'll receive full information on your teaching before you start your course.

Learning structure: typical hourly breakdown in 2021/22

Live in-person on campus learning

Contact hours per week, per level:

7.5 hours

Live online learning

Average hours per week, per level:

4.5 hours

Outside of these hours, you’ll be expected to do independent study where you read, listen and reflect on other learning activities. This can include preparation for future classes. In a year, you’ll typically be expected to commit 1200 hours to your course across all styles of learning. If you are taking a placement, you might have some additional hours.

Definitions of terms

  • Live in-person on campus learning – This will focus on active and experiential sessions that are both:
    • Led by your tutors including seminars, lab sessions and demonstrations We’ll schedule all of this for you
    • Student-led by you and other students, like small group work and presentations.
  • Live online learning – This will include lectures, tutorials and supervision sessions led by your tutor and timetabled by us. It also includes student-led group work that takes place online

  • Tutor set learning activities – This covers activities which will be set for you by your tutor, but which you will undertake in your own time. Examples of this include watching online materials, participating in an online discussion forum, completing a virtual laboratory or reading specific texts. You may be doing this by yourself of with your course mates depending on your course and assignments. Outside of these hours, you’ll also be expected to do further independent study where you’ll be expected to learn, prepare, revise and reflect in your own time.

Support

You have a strong support network available to you to make sure you develop all the necessary academic skills you need to do well on your course.

Our support services will be delivered online and on campus and you have access to a range of different resources so you can get the help you need, whether you’re studying at home or have the opportunity to come to campus.

You have access to one to one and group sessions for personal learning and academic support from our library and IT teams, and our network of learning experts. Our teams will also be here to offer financial advice, and personal wellbeing, mental health and disability support.

  1. Standard entry requirements
  2. International (inc. EU)
  3. How to apply
  1. UK
  2. EU / International
  3. Additional costs

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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