Business Economics Single Honours
Overview
Businesses managers may sometimes seem to be at the mercy of economic forces which they do not understand and cannot control. However, professional managers, decision-makers and investors can form strategies based on a sound understanding of economic theory and practice. The Business Economics degree focuses on the practical application of Economic ideas, knowledge and methods, within the context of decision-making situations in Business. Focusing on real business decision-making tools, rather than on abstract mathematical formulae, the Business Economics degree will equip you with a coherent understanding of Economics as an impact assessment tool in the commercial environment. The single honours scheme runs over 3 years. Combinations of Business Economics with other subjects, which also run over 3 years, are available as Major/Minor schemes.
Year One
The first year of your studies on the Business Economics degree is the foundation for all your future studies, emphasizing the learning of basic principles of Economics and the skills you need to become an Economics practitioner. It also introduces you to the latest issues in Economics.
Year Two and Three
In Years 2 and 3 you begin to use the foundation which has been laid in Year 1, applying the principles and skills of an Economics practitioner to an understanding of large economics systems (Macroeconomics) and the role of consumer choice (Microeconomics). At the same time, you start to be introduced to a more comprehensive understanding of the business environment by exploring issues that include Corporate Governance and Labour Economics. Core subjects in Years 2 and 3 include: Macroeconomic Behaviour and Systems; Microeconomics: Consumers and Producers; Economics of Labour; Corporate Governance; Organisational Behaviour; Business Strategy. As your confidence and competence grow, you can increasingly choose further modules in topics which especially interest you, from a range similar to those available to students on the Economics degree schemes. You will also be able to choose elective modules from a wide range as offered by other disciplines within the School.