BSc Economics with Finance modules

This course will give you the core skills needed as an economist, but you will specialise in finance modules in each year for your study.

This course is ideal if you want to work in the financial and banking sector.

The below modules are examples for the current 2019/2020 academic year. The modules for the 2020/20201 academic year will be updated and published here when approved.

Year one 

Core 

Statistical Methods for Economics

Statistics comprises the rules and procedures for collecting, describing, analysing and interpreting quantitative and qualitative data. These skills find a wide range of uses in economics and will be employed in later modules. 

Economic Analysis and Policy

The module explores both microeconomics and macroeconomics. Microeconomics is concerned with the choices of economic agents, such as individuals, households and firms, and how these agents interact in the market to determine prices and the allocation of resources in an economy. Macroeconomics is concerned with the aggregate level of output, employment and prices, the interaction between these variables, and the role of public policy in influencing unemployment, inflation and growth.

Mathematical Methods for Economics 2 (post A Level Maths stream)

This is the core mathematics module for students with A Level mathematics or equivalent. It introduces the basic mathematical skills required by economists.

Introductory Finance for Economics

This module introduces the basics of the financing and investment decisions of financial managers.

Optional 

Economic History of Britain and the Modern World

This module provides an introduction to the economic history of Britain and to the evolution of the global economy in the context of modern theories of economic growth and development and present-day debates about poverty, inequality and North-South relations.

Classical and Contemporary Thinkers in Economics

This module introduces you to a range of classical and contemporary economists, including the founders of the discipline and some Nobel Prize winners, past and present. For each economist, a senior member of the department will give a short biography, outline their contributions to the discipline of economics and the development of the subject, and explain how these economists have influenced their own thinking and the research that is undertaken in economics today.

Year one modules from other departments - TBC

Year two

Core

Intermediate Microeconomics

Microeconomics is the area of economics which studies the behaviour and interaction of economic agents (individuals, firms and the government). This module builds on level one modules in microeconomics and mathematical economics, using the mathematical training to allow a more rigorous investigation of the principles of microeconomics.

Intermediate Macroeconomics

The purpose of this module is to provide students with a thorough analysis of the intermediate macroeconomic theory concerning aggregate expenditure functions, expectations, inflation, economic growth and open-economy macroeconomics. 

Further Mathematical Methods for Economics

This module introduces students to further topics in mathematics beyond the level reached in year one. 

Econometrics

Econometrics provides the methodology and statistical techniques to test empirically the validity of economic hypotheses and to construct models to explain the evolution of the economic environment. An appreciation of econometrics is essential to understanding most current research work in economics. 

Money, Banking and Finance

This module covers introductory monetary, banking and finance theory and issues relating to policy and regulation of the banking and financial system. 

Choose one of the following:

Applied Macroeconomics

The module will focus on application of macroeconomic theory to a variety of economic policy issues. The course builds on the knowledge of the core first year economics modules and complements the second year core macroeconomics module. 

The Economics of Social Issues

This module considers topics in the economics of social issues and contemporary economic problems.

Economic Decision-making

In life we are constantly making economic decisions: whether to go to university; whether to leave a tip in a restaurant; whether to buy a house or rent; whether to declare all our income to the tax authority; whether to play the lottery; whether and how much to invest in the stock market. In this module we study economic theory and evidence related to decision-making in these different contexts with a view to understanding human decision-making, how it deviates from standard notions of economic rationality.

Year three or four 

Core 

Monetary Economics

This module covers monetary theory and monetary policy. It presents several economic models and discusses what monetary policy can and cannot do.

Modern Finance 

This course is an introduction to some of the key concepts and methods in modern finance. The subject is analytical in nature. 

Choose one of the following:

Advanced Microeconomics

This module is designed to further develop your understanding of core microeconomic principles by exploring a number of advanced topics in microeconomics. The course material will be predominately theoretical with a substantial mathematical component and some evaluation of empirical evidence.

Advanced Macroeconomics

The module considers a number of macroeconomics topics at a more advanced level and in greater depth than related topics covered in second year, as well as introducing some new topics in contemporary macroeconomics.

Optional 

Choose three from: 

Advanced Microeconomics

See details above

Advanced Macroeconomics

See details above

Education Economics

People's decisions are influenced by the level of education they have received. Education relates to issues such as health and labour market decisions. We will examine the demand for and provision of education, incorporating a mixture of economic theory and empirical evidence.

Political Economy

This module introduces insights from politics into the study of public policy and economic performance, covering key theoretical issues as well as recent empirical evidence. 

Game Theory for Economists

Game theory is the study of decision problems which involve more than one agent. Given the prevalence of such problems in economics, game theory has become a very important methodological tool in many of its fields, including industrial economics, political economy or international trade. This module aims at equipping students with the core knowledge of game theory as applied to economics, making special emphasis on applications and examples, rather than pure theory. 

Industrial Organisation

Industrial organisation is the area of economics which studies how the structure and other characteristics of industries affect firm behaviour and market outcomes. You will also become familiar with further oligopolistic models as well as the effect of market structure and other characteristics of markets on innovation. 

Labour Economics

This module seeks to introduce students to the economics of the labour market through a blend of theoretical and empirical analysis. The theory of the labour market is first established, with a thorough analysis of labour demand and labour supply, and how their interaction determines labour market equilibrium values of wages and employment, in competitive and monopsonistic labour markets. 

International trade 

This module will deal with theories that explain why countries trade with each other and the consequences of this, trade policy and the political economy of trade policy.

Economics Undergraduate Dissertation 1

This module aims to provide students with the research skills required to carry out supervised, independent research in economics. Students will have the opportunity to formulate a research proposal and to write an extended literature review on their chosen research topic. 

Economics Undergraduate Dissertation 2

This module aims to provide students with the opportunity to carry out a piece of supervised, independent research in economics. The research will build on the research proposal and extended literature review carried out in Economics Undergraduate Dissertation 1. 

Further Econometrics

This module is designed to introduce students to a number of important topics in econometrics. 

Development Economics

It takes the average worker in the UK less than ten days to produce the same amount of output as the average worker in the Democratic Republic of Congo produces over the course of an entire year. This module uses a mix of theory and empirics to seek to understand where these gaps in standards of living between countries come from and how they evolve over time.

The International Economy

Understanding the nature of the international economy, how it evolved, how over time it has become increasingly integrated while at the same time experiencing forces of economic tension is fundamental to our understanding of many contemporary issues in economics. 

Health Economics

Economics is the study of how society allocates its scarce resources across competing alternatives. This notion of scarcity is as relevant in the health care sector as it is elsewhere and, thus, it is important, then, that the resources available for health care are used in the best possible ways.

Economic Analysis of Inequality and Poverty

This course will cover the economic theories used for the analysis of inequality and poverty. The theories will be backed by evidence from both the developed and the developing countries. 

Year three modules from another department (not more than 20 credits)

The content of our courses is reviewed annually to make sure it is up-to-date and relevant. Individual modules are occasionally updated or withdrawn. This is in response to discoveries through our world-leading research, funding changes, professional accreditation requirements, student or employer feedback, outcomes of reviews, and variations in staff or student numbers. In the event of any change we'll consult and inform students in good time and take reasonable steps to minimise disruption.

Information last updated: 7 January 2020


Jessop West

Undergraduate scholarships

We have a range of undergraduate scholarships available to fund talented students starting an undergraduate course in 2020.