BA (Hons)

Economics with International Trade and Development

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  • UCAS code(s): LL18 / L18H
  • Level(s) of study: Undergraduate
  • Study mode(s): Full-time / Sandwich
  • Location: City site
  • Starting: September 2017
  • Course duration: 3 / 4 year(s)

Over the past decade the issues of international trade and economic growth have gained substantial importance due to the rapid progression of globalisation.

Our Economics with International Trade and Development course uses distinctive perspectives to analyse the nature and scale of international trade as well as its importance for growth and development.

It will enable you to make sense of a range of global policy issues and develop your understanding of the global dimensions to many economic decisions and their impact on our economic and social well-being.

As a Economics student you’ll have access to our unique Trading Room facility. With 12 double-screen workstations, the room gives you a simulated experience of working in the fast-moving world of shares and trading. You can access sophisticated analysis tools and data on worldwide financial markets.

During your second year you have a variety of unique opportunities to get involved in such as studying abroad, enterprise project, community project, internship or simply continue with your studies. The course can be studied over three years full-time or four years with a placement.

What you'll study

The course begins in September. Take a look at the academic calendar for term dates. The academic calendar will apply throughout your course, aside your placement year (if you have chosen to undertake one).

  • Year One

    Macroeconomics I

    This module will introduce you to key macroeconomic variables, such as growth, inflation, unemployment and trade, and to theoretical perspectives on their determination applying models in a national and international context. It provides the building blocks for further critical analysis later in the course.

    Microeconomics I

    This module will provide you with a comprehensive introduction to microeconomic theory and enable you to analyse markets, institutions and policy. In doing so, you will learn to understand the interconnectedness of economic participants, such as consumers and producers.

    Quantitative Methods for Economists

    An ability to understand and analyse quantitative data is an important part of an economist’s toolkit. This module will develop your numeracy, enabling you to explore, describe and utilise data in economic and business analysis.

    Economic Applications and Practice

    This module focuses on applications of key economics ideas and principles. In doing so, it develops the skills needed for you to ‘think like economists’ and to apply the ‘economist’s toolkit’ to a myriad of issues, including those of relevance to government, consumers, businesses and management.

    The module introduces you to the discipline’s ‘threshold concepts’ and looks to develop an understanding of how these can help in analysing real-world problems and issues. Therefore, you will be introduced to the sort of work that might be undertaken in the workplace by professional economists, including the UK’s Government Economic Service (GES) and its international counterparts.

    This module enable you to develop their skills as problem-solvers and better understand the processes involved in devising policy recommendations to issues often affecting a range of stakeholders.

    Economic History and Thought

    An awareness of economic history is crucial to understanding different economic perspectives and their application. This module analyses key qualitative and quantitative developments in the world economy over the last three centuries, with reference to the related key developments in the history of economic thought.

    Introductory Finance for Economists

    The importance of understanding the role played by the financial system in modern economies and of the behaviour of financial institutions has been vividly demonstrated by the financial crisis of the late 2000s. The module will teach you to appreciate the workings of the financial system and, crucially, its importance for wider economic activity.

  • Year Two

    First half of Year Two - Core modules

    Economic Principles and Applications I

    This module applies a range of economic theories and concepts to both microeconomic and macroeconomic issues. It will deepen your understanding of individual decision-making, the interconnectedness of these decisions and their impact. It will also introduce alternative perspectives on how economies work and alternative views on the impact of macroeconomic policies.

    Econometrics

    This module will develop further the tools and techniques that enhance your ability to use quantitative data to evaluate economic and business decisions. It will help you to build and test models of economic phenomena and introduce you to forecasting and hypothesis testing.

    Economics of International Growth and Development

    The module looks at the range of factors that affect the growth and development of economies, focusing on issues such as capital accumulation, technological advance, investment in infrastructure, poverty and income inequality. You will use real examples and cases studies from around the world to analyse alternative theoretical perspectives on growth and development.

    Second half of Year Two - Unique Opportunities

    To make sure that all students are provided with hands-on experience and opportunities that could really boost your CV, we offer a unique course structure on our full-time (non-placement) courses. You can choose to do one of the following opportunities for half of your second year:

    Option One: Study Abroad

    Experience life in another country by studying at one of our partner universities in Europe, the USA, South America, Australia, or South East Asia.

    Option Two: Enterprise Project

    You’ll work alongside other young entrepreneurs and have access to a dynamic network of mentors and business advisors. Please visit www.ntu.ac.uk/hive to find out more.

    Option Three: Internship

    Complete an internship at a public, private or third sector organisation for 16 - 18 weeks, providing you with great industry insight.

    Option Four: Taught modules

    You can continue with your taught modules as listed above.

    Taught Modules:

    Economic Principles and Applications II

    The module explores how we might use economics to better understand the complexity of real-world phenomena. In microeconomics, it analyses the interconnectedness of individual decisions particularly in light of the risk or uncertainty that surround such decisions. Meanwhile, in macroeconomics it considers a range of perspectives in explaining the determinants of key aggregate variables.

    China and the Global Economy

    This module applies economic concepts and theories to explore the transition and development of China’s economy as well as contemporary issues, including its place in the global economy.

    Plus one optional module:

    Management Accounting for Decision Making

    The module analyses key micro and macroeconomic policy issues that affect contemporary society, considering a range of policy issues that are relevant to economists, including the natural environment and sustainability, the labour market, healthcare, ageing and pensions, and housing. You will develop an understanding of the economic ideas and debates behind the decision-making associated with the allocation of resources at local, national and international levels.

    Applied Economics

    This module examines a range of management accounting techniques used in business decision making. It aims to develop your understanding of the value and limitations of accounting information for managerial decision making, planning and control purposes within organisations.

  • Year Three

    Placement Year

    In today's competitive job market a work placement is a valuable addition to your education.

    Nottingham Business School has links with a wide range of sectors, firms and organisations that offer student placements.

    If you have decided to undertake a placement year then this will last for a minimum of 48 weeks.

    Our Employability Team is here to inspire and enhance every stage of your career planning and as a graduate of NTU, you will be able to access their services for three years after your course has finished.

    Services they provide include:

    • Finding placements, internships and part-time work
    • Pursuing self-employment
    • Taking gap years and time out
    • Getting into volunteering
    • Providing advice on further study.

    Visit the Employability Team website for further information.

    Taught Modules

    If you have decided to continue with your studies please view the 'Final Year' tab for your list of modules.

  • Final year

    Core modules

    Leadership and Employability

    Critical personal reflection is a crucial skill that enables individuals to develop the knowledge and skills necessary to achieve their full potential. During this module you will identify and articulate in a reflective manner the distinctive perspectives and skills that economists have which are valued in society.

    Research Project

    This module will see you undertake an individual in-depth study of a topic related to economics. During the project you will develop your skills to independently manage a major piece of work. The work will be written in the style of an academic article giving you the chance to practice writing for an academic audience.

    Developments in Economic Theory

    The module builds on the micro- and macro-economic theory developed previously on the course, providing a critical analysis of economic theories and principles which affect individual, government, business and managerial decision-making. You will apply both microeconomic and macroeconomic ideas to analyse a range of contemporary issues of concern to decision-makers.

    Economics of International Trade

    This module uses economic theories to analyse the potential determining factors of trade, distinguishing between the trade patterns of developed countries and developing countries. You will develop a critical understanding of the macroeconomic context of international trade.

    Jean Monnet Europe and the World Economy

    This module critically applies relevant economic theories to develop your understanding of the European Union as a trading bloc. It will help you to evaluate the place of the EU within the global economy and to review critically a range of EU policies and the impacts they have on EU member states, including monetary integration.

    Optional Modules

    Contemporary Economic Perspectives

    This module will provide you with a critical perspective on the methods and analysis of economists. You will compare the different interpretations of contemporary economic issues and events and the lessons that can be drawn. The module adopts a pluralistic approach enabling a critique of mainstream economic thinking.

    Corporate Governance and Fraud Risk Management

    This module focuses on the nature of corporate governance in the UK corporate sector, evaluating current recommendations and developments in the field of corporate governance both in the UK and overseas. You will evaluate the impact that fraud can have on organisations and the relative merits of fraud prevention.

    Econometric Methods

    This module build on the econometrics from earlier in the course to develop your ability to use appropriate statistical methods to test economic and financial theories to aid the evaluation of government, business and investments policies and strategies.

Economics at NTU was the fifth highest University in the UK and the top performer in the Midlands region (96%) for overall student satisfaction (National Student Survey 2016)

How you’re taught

On average you will receive minimum 12 - 15 hours of teaching per week from a combination of lectures and seminars. You'll then be expected to increase your understanding of the subject area through independent study for each module.

We use a mixture of teaching methods including traditional lectures and seminars, IT workshops, guest lectures, problem-based learning and group discussions. In addition to this you will also be involved in a variety of practical work such as individual and group presentations, student-led seminars, role play, industry-sponsored competitions and project work.

These are included to help you develop a range of practical skills such as time management, effective presentation, communication, customer focus, analytical, entrepreneurial and team working. All students will attend lectures and seminars at NTU’s City site, in the impressive Newton Building, home to Nottingham Business School.

You will also have a number of one-on-one tutor sessions during each year, which will allow you to:

  • Discuss your personal and professional development.
  • Discuss and gain feedback about your work.
  • Ask questions about the projects you're working on.
  • Raise any difficulties you are experiencing relating to your work, personal circumstances or your University experience.

You'll also use our virtual learning environment, NOW, which is a flexible web-based system that gives you 24-hour access to module learning materials and reading lists. It allows you to discuss work with tutors and submit coursework electronically from anywhere in the world.

Personalisation

Through our personalised approach to learning we will provide you with a uniquely individualised experience to help you be the best you can be. We will help you to understand and reflect on your own experiences, to explore your aspirations and to create your own development plan. It’s about supporting you to understand your needs through the use of diagnostic tools and to design and implement an approach to learning that is personalised to you. You’ll also be able to take advantage of all of the fantastic opportunities associated with studying at our University. This includes volunteering, studying abroad, internships, placements, international summer schools and many more.

Realise your true potential at Nottingham Business School.

Learn a new language

Alongside your study you also have the opportunity to learn a new language. The University Language Programme (ULP) is available to all students and gives you the option of learning a totally new language or improving the skills you already have.

Learning a new language can:

  • Enhance your communication skills
  • Enrich your experience when travelling abroad
  • Boost your career prospects.

Find out more about the University Language Programme.

Welcoming students from across the world

Nottingham Trent University has a diverse student community, with a significant number of international students choosing to study here from across the world. We provide specialist staff, services and facilities to help you through all stages of being a student. Find out more about our International Student Support Services.

96% of students felt the course is intellectually stimulating (National Student Survey 2016).

Careers and employability

Graduates from this course have gone onto working in both public and private sector, undertaking positions such as:

  • Seafright Forwarder
  • Project Manager
  • Assistant Economist
  • Financial Advisor
  • MI Analyst

In the last few years, graduates from this course have gone onto securing roles with well know employers such as:

  • Kuehne and Nagel
  • Fujitsu
  • PwC UK
  • Transact
  • BNP Paribas Real Estate

94% of our undergraduates were in employment or further study six months after graduating from NTU (DLHE 2014/15)

Employability Team

In today's competitive job market a work placement is a valuable addition to your education. You'll gain vital real-life work experience that will make you stand out from the crowd and enhance your employability. Our Employability Team is here to inspire and enhance every stage of your career planning and as a graduate of NTU, you will be able to access their services for three years after your course has finished.

Services they provide include:

  • Finding placements, internships and part-time work
  • Pursuing self-employment
  • Taking gap years and time out
  • Getting into volunteering
  • Providing advice on further study.

Visit the Employability Team website for further information.

Students on this course tend to earn the average salary of £22,400 after graduation (DLHE 2014/15)

We are sixth in the UK for the number of undergraduate students on year-long placements studying Economics (HESA data 2015/16)

100% of students felt staff were good at explaining things (National Student Survey 2016).

Entry requirements

You will need one of the following:

  • A-levels – BBB, excluding General Studies; or
  • BTEC Extended Diploma – DMM; or
  • 120 UCAS Tariff points from three A-levels or equivalent qualifications, excluding General Studies; and
  • GCSEs – English grade C and Maths grade B.

We will consider equivalent qualifications and combinations, please see our website or UCAS course search for details.

The UCAS Tariff

The UCAS Tariff has changed for 2017 entry. In the new tariff, the numbers awarded to qualifications are very different. So, whereas previously a B at A-level was worth 100 points, in the new tariff it is now 40 points. Sound confusing? Don’t worry. We’ve created this calculator to help you work it out.

Getting in touch

If you need any more help or information, please email our Admissions Team or call on +44 (0)115 848 4200.

International and EU students also need to meet our English language requirements.

You can also see a full list of alternative qualifications for EU and international students on our international website.

Are you an international student who does not meet the direct entry requirements for this course? You can prepare for it at Nottingham Trent International College (NTIC). Their Foundation Certificate in Business, Law and Social Sciences offers students a guaranteed progression route to this degree on successful completion to the required level.

Help and support

If you have any questions about your qualifications or about making an application to the University please contact our international team for advice.

Keeping up to date

After you’ve applied, we’ll be sending you important emails throughout the application process - so check your emails regularly, including your junk mail folder.

Good luck with your application!

Please read our notes on the University's commitment to delivering the educational services advertised.

93% of students felt staff are enthusiastic about what they are teaching (National Student Survey 2016).

How to apply

How to apply

You can apply directly online through UCAS. Mature or international students can find out more about applying by calling +44 (0)115 848 4460. You are encouraged to attend one of our open days if you are considering or have already applied. An open day will give you a sense of what it is like to live and study here.

You can follow our step-by-step instructions when applying through UCAS. Also ensure that you check your emails regularly, including your junk mail folder, when you have applied. We may need to contact you during this time.

Writing your personal statement

Your personal statement should give us an insight into your academic aspirations and details of your experience, including:

  • work experience
  • positions of responsibility
  • any extracurricular activities.

It will also reflect your personal achievements (academic / non-academic), motivations and ambitions.

Take a look at our guide to writing an effective personal statement. Use it when you start writing your UCAS application.

Please read our notes on the University's commitment to delivering the educational services advertised.

You can apply directly to the University for an undergraduate course if you’re not applying to any other UK university in the same year.  If you are applying to more than one UK university you must apply through UCAS.

Apply as early as you can so that you have time to prepare for your studies.  If you need a visa to study here you need to plan this into your application.

Apply now (UCAS)

Please read our notes on the University's commitment to delivering the educational services advertised.

Further information on how to apply

Need help with your application?
For admissions related enquiries please contact us:
Telephone: +44 (0)115 848 4200

Fees and funding

For details on course fees and any funding available please visit our fees and funding page for further information and any additional support.

While we aim to keep any extra study costs to a minimum, please see our page on additional costs and optional extras to find out about any additional expenses you may incur on your course.

We offer prestigious scholarships to new international students holding offers to study at the University.

Nottingham is ranked as one of the top 20 most cost effective cities in which to study in the UK Natwest Student Living Index 2014.

While we aim to keep any extra study costs to a minimum, please see our page on additional costs and optional extras to find out about any additional expenses you may incur on your course.

Still need help?

Nottingham Business School
+44 (0) 115 848 4460