BSc Business Economics

Programme overview

Entry requirements

• GCSE English Language: minimum grade B/6.
  - GCSE Mathematics: minimum grade A/7.
  - A Level: typically AAA (excluding General Studies, Critical Thinking and Extended Project Qualification).
• When English is not the first language, students will need to provide evidence of English language ability through qualifications such as TOEFL (score of 92 overall, with no less than 21 in listening, 21 in reading, 23 in speaking and 22 in writing) and IELTS (score of 6.5 overall, with no less than 6 in listening, speaking, reading or writing), all in accordance with standard Business School entry requirements and policy.

Programme specification

The information on this page is accurate for students entering the programme in 2022/2023 or before. For students entering the programme from September 2023 or after, you can find the details of your programme: BSc Business Economics (For students entering from September 2023 onwards)

This course explores how economic theory is applied to develop an understanding of the economic environment within which businesses operate, and will prepare students for a variety of stimulating careers. Students will cover economic concepts, theories, ideas and tools that are relevant to firms and businesses, and combine this with gaining analytical, quantitative, computing, presentation and other transferable skills required by employers in both the private and public sectors. A range of optional modules will allow students to explore the topics that suit their interests and career plans, from the wider business environment to banking and finance and health, labour or transport economics.

Graduates of this programme will be able to:

- Critically evaluate a range of business economic concepts, theories, ideas and tools and the social and historical contexts of their development.
- Demonstrate knowledge of the business and economic environment (including economic institutions, systems and phenomena) and understand changes to this environment.
- Appreciate the range of areas to which business economics can be applied.
- Think critically about economic, social and business issues.
- Apply and use their understanding of economics to solve emerging theoretical and empirical problems.
- Communicate effectively and be self-confident, independent thinkers and collaborators.
- Demonstrate awareness of wider ethical and cultural issues.

Year 1

[Learning Outcomes, Transferable (Key) Skills, Assessment]
View Timetable

Compulsory Modules

Students will be required to study the following 90 credits of compulsory modules:

Code	Title	Credits	Semester	Pass for Progression
LUBS1075	Academic, Professional and Research Skills for Studies in Economics	20	Semesters 1 & 2 (Sep to Jun)
LUBS1285	Mathematics and Statistics for Economics and Business 1B	10	Semester 2 (Jan to Jun)	PFP
LUBS1291	Economic Perspectives and Controversies	20	Semesters 1 & 2 (Sep to Jun)
LUBS1295	Economics and Global History	10	Semester 2 (Jan to Jun)
LUBS1951	Economic Theory and Applications	30	Semesters 1 & 2 (Sep to Jun)

Optional Modules

Students who have only completed GCSE Maths or equivalent will be required to study the following 10 credit module (students who have completed A-Level Maths or equivalent do not require this):

Code	Title	Credits	Semester	Pass for Progression
LUBS1275	Mathematics and Statistics for Economics and Business 1A	10	Semester 1 (Sep to Jan)

Students who do NOT need to study LUBS1275 will be required to select 10 credits from the Optional modules list. Students who DO need to study LUBS1275 are not required to choose any credits from the Optional modules list. In addition, students can select a maximum of 20 credits of discovery modules. If students do NOT want to select discovery modules, a further 20 credits can be selected from Optional modules instead.

Optional

Code	Title	Credits	Semester	Pass for Progression
LUBS1125	Economic Institutions (Labour)	10	Semester 2 (Jan to Jun)
LUBS1585	Economic Institutions (Industry)	10	Semester 1 (Sep to Jan)
LUBS1850	Organisational Behaviour	20	Semesters 1 & 2 (Sep to Jun)
LUBS1890	Starting Your Own Business	10	Semester 1 (Sep to Jan)

Discovery Modules

Students may study 0-20 credits of discovery modules. If students do NOT want to select discovery modules, a further 20 credits can be selected from Optional modules instead, to make up a total of 120 credits for the year.

Students will be required to pass 100 Year 1 credits including all Pass for Progression (PFP) modules in order to progress to Year 2.

Year 2

[Learning Outcomes, Transferable (Key) Skills, Assessment]
View Timetable

Compulsory Modules

Candidates will be required to study the following 70 credits of compulsory modules:

Code	Title	Credits	Semester	Pass for Progression
LUBS2050	Industrial Economics	10	Semester 2 (Jan to Jun)
LUBS2140	Intermediate Microeconomics	10	Semester 2 (Jan to Jun)	PFP
LUBS2420	Business Economics	10	Semester 1 (Sep to Jan)
LUBS2430	Economics Research Methods	10	Semester 2 (Jan to Jun)
LUBS2575	Statistics and Econometrics	20	Semesters 1 & 2 (Sep to Jun)	PFP
LUBS2610	Intermediate Macroeconomics	10	Semester 1 (Sep to Jan)	PFP

Optional Modules

Students will be required to select 30 credits of optional modules which can be taken from the Optional modules list and/or from up to TWO of the Pathways. In addition, students can select a maximum of 20 credits of discovery modules. If students do NOT want to select discovery modules, a further 20 credits can be selected from Optional modules and/or up to TWO of the Pathways instead.

Code	Title	Credits	Semester	Pass for Progression
HECN2010	Introduction to Health Economics	10	Semester 1 (Sep to Jan)
LUBS2020	From Study to Work	10	Semester 1 (Sep to Jan)
LUBS2022	Experiencing the World of Work	10	Semester 1 (Sep to Jan)
LUBS2042	The Evolution of Economic Ideas	10	Semester 1 (Sep to Jan)
LUBS2230	Mathematics for Business and Economics 2	10	Semester 2 (Jan to Jun)
LUBS2281	Macroeconomic Policy and Performance	10	Semester 2 (Jan to Jun)
LUBS2401	International Economics	10	Semester 1 (Sep to Jan)
LUBS2590	Labour Economics	10	Semester 2 (Jan to Jun)
LUBS2675	How to be a Successful Policy Economist	10	Not running in 202425
LUBS2680	Ethics and Economics	10	Semester 1 (Sep to Jan)
TRAN2010	Transport Economics	10	Semester 1 (Sep to Jan)
TRAN2030	Project Appraisal	10	Semester 2 (Jan to Jun)

Business and Management Pathway

Code	Title	Credits	Semester	Pass for Progression
LUBS2785	How Managers Make Decisions	10	Semester 1 (Sep to Jan)

International Business Pathway

Code	Title	Credits	Semester	Pass for Progression
LUBS2410	Small Business Internationalisation and Growth	10	Semester 1 (Sep to Jan)

Enterprise and Innovation Pathway

Code	Title	Credits	Semester	Pass for Progression
LUBS2045	Entrepreneurship in Theory and Practice	10	Semester 2 (Jan to Jun)
LUBS2080	New Enterprise Planning	20	Semester 1 (Sep to Jan)

Ethics and Sustainability Pathway

Code	Title	Credits	Semester	Pass for Progression
IDEA2000	Leadership Ethics	10	Semester 2 (Jan to Jun)
LUBS2060	Contemporary Industrial Relations	10	Semester 1 (Sep to Jan)
LUBS2970	Corporate Social Responsibility	10	Semester 1 (Sep to Jan)

Discovery Modules

Students may study 0-20 credits of discovery modules. If students do NOT want to select discovery modules, a further 20 credits can be selected from Optional modules and/or from up to TWO of the pathways instead, to make up a total of 120 credits for the year.

Students will be required to pass 100 Year 2 credits including all Pass for Progression (PFP) modules in order to progress to Year 3.

Year 3

[Learning Outcomes, Transferable (Key) Skills, Assessment]
View Timetable

Compulsory Modules

Candidates will be required to study the following 60 credits of compulsory modules:

Code	Title	Credits	Semester	Pass for Progression
LUBS3303	Economics Dissertation	40	Semesters 1 & 2 (Sep to Jun)
LUBS3930	Economics of Business and Corporate Strategy	20	Semesters 1 & 2 (Sep to Jun)	PFP

Optional Modules

Candidates will be required to study a minimum of 40 credits from the following optional modules:

Code	Title	Credits	Semester	Pass for Progression
HECN3010	Introduction to the Economic Evaluation of Health	10	Semester 1 (Sep to Jan)
LUBS3005	Advanced Microeconomics	10	Semester 2 (Jan to Jun)
LUBS3011	Contemporary Issues in Economic Growth	10	Semester 2 (Jan to Jun)
LUBS3070	Strategic Management	20	Semesters 1 & 2 (Sep to Jun)
LUBS3140	Behavioural Finance	10	Semester 2 (Jan to Jun)
LUBS3160	Financial Derivatives	10	Semester 2 (Jan to Jun)
LUBS3330	Economic Development	20	Semesters 1 & 2 (Sep to Jun)
LUBS3340	Economics of Famines	20	Not running in 202425
LUBS3365	Environmental Economics	10	Semester 2 (Jan to Jun)
LUBS3370	Applied Econometrics	10	Semester 1 (Sep to Jan)
LUBS3375	Behavioural Economics	10	Semester 1 (Sep to Jan)
LUBS3430	Modern Theories of Money and Monetary Policy	10	Semester 1 (Sep to Jan)
LUBS3435	Public Enterprise and Regulation	10	Semester 1 (Sep to Jan)
LUBS3505	Advanced Macroeconomics	10	Semester 1 (Sep to Jan)
LUBS3590	International Economics: Integration and Governance	20	Semesters 1 & 2 (Sep to Jun)
LUBS3785	The Economics of Unions	10	Not running in 202425
LUBS3925	The Political Economy of Work	10	Not running in 202425
LUBS3950	Current Issues in Decision Making	20	Semesters 1 & 2 (Sep to Jun)

Discovery Modules

Candidates will be required to study 20 credits of discovery modules, which may include further choices from the optional modules list, in order to make up a total of 120 credits for the year.

Candidates will be required to pass 100 level 3 credits including all Pass for Progression (PFP) modules in order to be eligible for the award of an Honours Degree.

Last updated: 25/07/2024 15:04:21

Errors, omissions, failed links etc should be notified to the Catalogue Team