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BA (Hons) Economics

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Meet your lecturers, find out more about the course and view academic and social facilities at an Open Event.

University of Suffolk on Ipswich Waterfront
UCAS code: 
L100
Institution code: 
S82
Location: 
Ipswich

Duration: 

Three years full-time.

Next entry is September 2020.

Typical Offer: 

2020 entry: 112 UCAS tariff points (or above)
BBC (A-Level), DMM (BTEC).

Please see Entry Requirements below.

  • Sandwich year available for study abroad or professional placement.
  • Innovative Economics course with a focus on a practical approach. 
  • Gain relevant experience for your future career with a placement.

Introduction

Economics shapes our lives and the fortunes of our communities in a profound way. Few subjects are more relevant or rewarding.

We use the tools of social scientific inquiry to examine the complex, contested and often controversial subject that is too easily reduced to ‘economics’, introducing you to real-world applications that can lead to a wide range of potential careers.

The study of economics was originally defined as the science of wealth, incorporating the processes of production, consumption and accumulation. Many have since argued that economics is in fact a social science: human welfare is the driving force for wealth.

Despite this, the subject is often treated by universities as a branch of science or applied mathematics. We seek to develop a broader appreciation of the theories and practices that shape policy in areas such as government spending, taxation and welfare policy.

We combine the study of microeconomics and macroeconomics with the analysis of ethics, people management and business strategy, to help you to understand and influence the debates that structure public policy, political decision-making and business strategy.

By the end of the course, you will have the foundation of skills and the expert knowledge to enter a range of professional areas within business and government, including banking and financial services, at local, regional and international level.

Sandwich year

Students have the opportunity to have a sandwich year for studying abroad or getting involved in a professional placement.

View more information about the range of employers our students work with in the Business School.

 

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Course modules

Full downloadable information regarding all University of Suffolk courses, including Key Facts, Course Aims, Course Structure and Assessment, is available in the Definitive Course Record.

Business Economics

This module provides you with an understanding of key economic concepts that affect the successful operation and functioning of all types of businesses. It provides a basis for understanding operational and strategic decisions and particularly for an understanding of the environment in which businesses operate.

Financial Markets and Institutions

The module aims to provide an introduction to financial institutions and the main types of financial instruments offered by the financial markets with a view to providing you with an understanding of the environment, principles and practices of the financial services industry.

Introduction to Business Finance and Quantitative Methods

This module will introduce the subjects of business finance and quantitative methods and give you a relevant foundation for their further accountancy and finance studies at the University of Suffolk.

Introduction to Accounting

The module aims to provide an introduction to financial and management accounting. It assumes no previous knowledge of accounting to provide a foundation in the theory and practise of accounting. An understanding of the fundamentals of accounting is necessary for the progression to the more advanced aspects of accounting at levels 5 and 6.

Business Law

This module enables you to develop an understanding of where law comes from and how it is developed, amended, applied and (if necessary) enforced. The module then examines areas of law which will affect you, both in your business careers and in your private capacity.

Management and Managing: An Introduction

This module has been designed to allow you to develop an understanding of the nature, processes and origins of ‘management’. In addition the module has been designed to allow you to develop the skill-set necessary for success in the context of higher education and more broadly within the graduate employment market.

Topics in Business Research

This module provides students with an insight into topics, methods and functions of business-related research projects. Each week will be centred on a different research study run by a member of academic staff or one of the School’s visiting professors, senior fellows or fellows. Weekly topics will be selected to ensure relevance across all the undergraduate programmes within the School, with a focus on drawing out important common research methods learning rather than subject-specific focus.

Business Ethics

This module provides you with an insight into topics, methods and functions of business-related research projects. Each week will be centred on a different research study run by a member of academic staff or one of the School’s visiting professors, senior fellows or fellows.

Managing for Innovation and Creativity

Innovation and creativity is increasingly being identified as the critical factor in ensuring economic competitiveness and a range of other beneficial social outcomes, including the employability of graduates. This module aims to equip you with skills and knowledge in creative thinking to encourage divergent, rather than convergent thinking.

Microeconomic Theory

This module examines the theories and concepts of modern microeconomics and encourages you to apply them to a range of contemporary issues to enable you to become career ready in what appears to be a turbulent global business environment. The focus of the module is the demand and supply model where consumers maximise utility and business organisations maximise profit.

Macroeconomic Theory

On this module, you will gain a robust understanding of economic theory from a macroeconomic perspective. Macroeconomics is a branch of the economics field that studies how the aggregate economy behaves. The module will be focusing on trends in the economy and how the economy moves as a whole to prepare career-ready graduates to work in a variety of roles.

Business Management in Practice

This module provides you with an opportunity to study management principles and ideas in a business setting. In completing this module, students are supported in putting academic study in context through engagement with work experience.

Financial Risk Management

The module will give an introduction to the types of financial risk that arise for a business and look at how they can be quantified and managed. Topics include financial market risk, credit risk, interest risk and economic risk. It looks at portfolio theory, the efficient markets hypothesis and the operation of derivatives markets. 

Global Economy

Modern world is truly interconnected whether we want it or not and most social and economic challenges do not stay within national boundaries but are global. The module therefore focuses on a detailed examination - and critique - of theories of global economy and assessment of contemporary globalising processes. It examines these influences through detailed analysis of contemporary manifestations relevant to the subject of global economy.

Alternative Economic Ideas

This module builds upon work advanced by the Society of Heterodox Economists: a loose grouping of academics and policy-makers who have sought to question and, where necessary, to over-turn a) the assumptions which underpin and b) the orientations which inform classical (and neo-classical) forms of economic thought.

Development Economics

Development economics concerns the application of economic aspects of the development process in developing countries. Development economics is an immensely broad field. Hence, rather than attempt to give a complete overview of the field, this module aims to give you a flavour of how economics can address development issues not limited to methods of promoting economic development and growth and structural change but also poverty and disease, mass migration, insecurity and conflict.

Industrial Organisation

There are various approaches to understand how economists see competition, organisation and government regulation and subsequently analyse potential performance of investment opportunities. The module therefore provides insights into the behaviours of firms and investor.

Dissertation / Business Research Project

The dissertation/business research project offers you the opportunity to focus their attention on a topic of personal interest. It allows the development and application of specialist skills and knowledge. As well as acting as the culmination of undergraduate study, the dissertation/business research project topic helps you to develop skills and techniques vital to effective professional practice.

Career opportunities

Students completing this Economics course will have a well-developed appreciation of economic conduct and theorising that is usefully and firmly located within an account of the management process.

Graduates will be attractive to a range of business and governmental concerns including, but not restricted to, banking and financial services, general business, local and regional government concerns.

Fees and finance

2019-20

  • Full-time tuition fee: £9,250 p.a.
  • International tuition fee: £11,790 p.a.

Further Information                                                       

  • Detailed information about Tuition Fees
  • Find out more about Financial Support eligibility.
  • Also see Loans and Grants.
  • At University of Suffolk, your tuition fees provide access to all the usual teaching and learning facilities that you would expect. However, there may be additional costs associated with your course that you will need to budget for.

Entry requirements

Next entry is September 2020.

Academic Requirements

2020 entry: 112 UCAS tariff points (or above), BBC (A-Level), DMM (BTEC).

Applicants are expected to hold GCSE at grade 4/C or above. The numeracy of non-traditional entrants will be evaluated during the admissions process.

Also see How to Apply.

International Requirements

IELTS 6.0 overall (minimum 5.5 in all components) where English is not the students' first language.

Also see International and EU.

Transferring Credit

If you have previously studied at higher education level before you may be able to transfer credits to a related course at the University of Suffolk and reduce the period of study time necessary to achieve your degree.

Staff

Lecturer in Economics and Finance