Learn how to apply economics theory to the real world of business.
What you study
Business economics explores the interaction of organisations and their environment, the allocation of resources, economic trends in the wider economy and the consequences of business decisions for individual organisations and the economy as a whole. It enables you to develop an analytical approach to the issues and problems experienced by organisations, and provides you with the tools and techniques to make informed contributions to business decision-making and strategy.
You learn the concepts and analytical skills to understand a broad range of themes in business and economics, including • the functioning of markets for products, services and labour • strategy and decision making within firms • industry structure • international trade • globalisation • finance • macroeconomic policy.
You develop specialist expertise in business economics by studying topics such as • business analysis • macroeconomics • microeconomics • industrial economics • statistics and econometrics. You also have the opportunity to study related topics such as finance, business management and international business.
Work placements in the UK and overseas
In year three, you have the opportunity to apply the skills you've gained by taking a one-year paid work placement. This is a great way to improve your industry knowledge with real insight and experience. It also enables you to build an eye-catching CV to impress future employers, and many students find jobs with their placement companies after graduating.
Due to our strong relationships with regional, national and international employers, we can help you to secure a great placement and support you while you are there. There are no tuition fees for the placement year and salaries of up to £32,000 are possible. If you study abroad, or do your work placement, in another European country there may be funding available through the Erasmus programme.
Our students have recently gained work placements with national and international organisations, including • Adidas UK • Airbus UK • AXA • Bosch • Coca-Cola Enterprises • General Motors • Hays • IBM UK • Lloyds Banking Group • Marks & Spencer • Metropolitan Police • Microsoft • NHS • Royal Bank of Scotland • TNT Express • Vauxhall Motors • Walt Disney Company.
If you do not take a work placement, you can still gain valuable work experience through our work-based learning module.
Support and societies
You have an academic and professional adviser to support your overall progress and help you develop your academic skills. You can also join the student-led International Business and Economics Society to meet others and discuss and debate current events in the economy and business world. The society arranges social events and hosts guest lectures by academic experts and industry practitioners.
2017 entry requirements
We expect you to demonstrate through your personal statement an interest in and awareness of business/economics or some level of practical experience.
Normally, five GCSEs at grade C or grade 4 or above including English language and mathematics, plus one of the following
• 112 UCAS Points, including at least 64 points from two A Levels or equivalent BTEC National Qualifications We accept AS levels and general studies.
• 96 UCAS Points from three A Levels or equivalent BTEC National Qualifications . We accept general studies.
New UCAS tariff points system for courses starting from September 2017. This is significantly different to the current points system and uses an alternative method of calculation. You can find information about these changes on the UCAS website and use the UCAS tariff calculator to work out your points.
• Access – an Access to HE Diploma with at least 45 credits at level 3 and 15 credits at level 2. At least 15 level 3 credits must be at merit grade or above, from a QAA-recognised Access to HE course, or an equivalent Access to HE certificate.
If English is not your first language you will need an IELTS score of 6.0 or above, with a minimum score of 5.5 in each skill.
If you do not have any of the qualifications above, but have relevant experience, you are welcome to discuss potential opportunities with the admissions tutor.
International and European entry qualifications
If you are an International or non-UK European student, you can find out more about the country specific qualifications we accept on our international qualifications page.
Four years full-time (including one year work placement) or three years full-time
Typical modules may include
|Year one core modules||
• maths for economics • business economics • people and organisations in context • foundations of international business • professional skills in business economics
|Year one options||
One from • customers and markets • foreign language
|Year two core modules||
• intermediate macroeconomics • intermediate microeconomics • financial fluency for management decision making • multinational enterprises and foreign direct investment • management competencies for business economics
|Year two options||
One from • introductory statistics for business economics • planning your own business • service and retail marketing • foreign language
• optional work placement
|Final year core modules||
• international strategy • industrial economics • advanced topics in macroeconomics • business economics consultancy project
|Final year options||
Choose two from a choice of modules including • econometrics for business economics • financial performance management • business in the European economy • global financial markets • foreign language • behavioural economics
This course prepares you for a range of business and economics-related careers in private and public sector organisations. Typical roles include • business analysis • business development • business planning • consultancy • financial analysis • economic research • market regulation • market research and analysis • policy development • procurement • project management • supply chain management.
Our recent graduates have found employment with organisations such as • Cummins • Gist • Greencore Group • Lloyds Banking Group • IBM UK • Incisive Media • NSG Pilkington • PwC Consulting • Royal Mail • Turner and Townsend • Vauxhall Motors.
Home / EU student
We do not charge course fees during a placement year.
Please note tuition fees may increase in each subsequent academic year of your course, subject to government regulations on fee increases and in line with inflation. More information can be found in the ‘Tuition Fee Increases’ section of our Fees Regulations (PDF, 2.10 MB)
For the course fee and further information on scholarships and bursaries please visit our fees and funding pages.
We do not charge course fees during a placement year.
2016/17 academic year
Typically £12,500 a year
2017/18 academic year
Typically £12,750 a year
Additional course costs
This link allows you to view estimated costs associated with the main activities on specific courses. These are estimates and, as such, are only an indication of additional course costs. Actual costs can vary greatly depending on the choices you make during your course.
Any offer of a place to study is subject to your acceptance of the University’s Terms and Conditions and student Regulations.