BA (Hons)

Economics

group of students at computer in trading room
Top
20
In the UK for Economics
in The Guardian University Guide 2019
  • UCAS code(s): L100 / L10C
  • Level(s) of study: Undergraduate
  • Study mode(s): Full-time / Sandwich
  • Location: City Campus
  • Starting: September 2019
  • Course duration: 3 / 4 year(s)
  • Entry requirements: More information

FIND US ON

Improve your knowledge of global markets and economic theory, and sharpen your decision making skills – an Economics degree at Nottingham Business School is your gateway to a career in financial services, and a wide range of other opportunities.

Economics is built on some simple, yet important, ideas known as threshold concepts. These apply to decisions taken every day by individuals, firms and governments. Some of these decisions can have very important effects for all of us – for example, decisions made by financial institutions in 2008 which lasted for five quarters and resulted in the deepest UK recession since the war.

You’ll study the key concepts of modern economics, learning how these principles are applied by individuals, businesses and governments. You’ll work with professionals and industry experts and test your knowledge in a range of real-world business environments.

As an 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.

Nottingham Business School enrols its economics students with The Society of Professional Economists (SPE). SPE is the leading organisation serving professional economists in the UK and has more than 600 members, drawn from all areas of the profession including finance and commerce, industry, government departments, private sector consultants, business schools and universities.

This course can be studied over three years full-time or four years with a placement, and offers all students the opportunity to gain some industry experience or travel overseas to study abroad in one of our partner universities with our unique opportunities scheme.

Nottingham Business School is a UK leader in financial and business education – an Economics degree from NTU gives you the foundations and opportunities to pursue a wide range of exciting careers.

Nottingham Business School have both EQUIS and AACSB accreditation.

Accredited by:

EQUIS logo
Financial Times

What you'll study

We are currently reviewing the content of our courses to ensure that they remain relevant and current to our students’ future ambitions and society. Please continue to check this course webpage for the latest developments.

The course begins in September 2019. 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

    Principles of Macroeconomics

    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.

    Principles of Microeconomics

    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.

    Economics for Business, Finance and International Development

    Learn how to apply economic principles to the analysis of business, finance and international development issues. You will develop an understanding of the link between economics, finance, business and international development.

    Economic Policy in Context

    Provides an historical background to the process of economic development and introduces influential economic scholars and schools of thought. You will reflect on the parallels between contemporary economic issues and debates with those of the past.

    Personal and Academic Development

    Helps you recognise the personal skills, behaviours and attributes you currently have, and supports you in formulating a continuous personal and professional development plan to develop the skills and knowledge you need to achieve your future ambitions and realise your full potential.

  • Year Two

    First half of Year Two – Core modules

    Intermediate Macroeconomics

    This module looks to develop students understanding of macroeconomic theory. It will provide students with the necessary conceptual foundations to appraise alternative perspectives on key controversies in macroeconomics. In looking consistently to draw potential policy implications its focus will be on both the short- term dynamics of economies frequently buffeted by economic shocks and the longer-term drivers and influences on economic growth and development.

    Intermediate Microeconomics

    This module aims to deepen and widen students understanding of microeconomics by building upon the foundations students acquired from the Principles of Microeconomics module. This module will explore the complex interconnectedness of individual decisions, which arise because of rival demands on globally scarce resources. Additionally, this module will introduce students to some of the controversies associated with alternative theoretical approaches.

    AND ONE MODULE FROM

    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.

    Survey Research and Analysis for Business

    This module draws on conceptual material in the area of Survey Methods widely used in business and the application of analytic methods to the data generated. One of the primary focuses of this module is to help you understand how to plan and conduct surveys but also interpret the results within the appropriate business context. With the aid of appropriate professional statistical software you will be encouraged to apply statistical methods of analysis to data. The module is designed to allow you the opportunity to analyse and interpret “real data” from various areas of the business world. In studying this module you will develop your knowledge and skills in conducting survey research within business.

    You will be given the opportunity to plan and execute a survey; design and implement a survey instrument; analyse survey results using applications software; and interpret and communicate analytical findings.

    Second half of Year Two

    You can either select one of our Unique Opportunities Initiatives or continue with your taught modules listed below:

    Core modules

    Employment and Enterprise

    Following on from the Personal Development module in Year One, you will build and further reflect on your personal and professional skills, attributes and behaviours. You will have the opportunity to participate in part-time work, volunteering, consultancy work, business competitions and challenges, and develop a range of skills to enhance your employability.

    Environmental and Resource Economics

    This module will give you the opportunity to apply economic analysis to issues related to the use of the environment and natural resources. Indicative topic areas include:

    • introduction to environmental economics and sustainability
    • economic characteristics of the environment and natural resources- their public good characteristics and the role of externalities
    • pollution control regimes: command and control regulation, taxation and tradeable permit schemes
    • models of natural resource management, development and use
    • economics of energy markets
    • economics of climate change and the role of institutions and international environmental agreements.

    Economic Evaluation

    This module provides a broad treatment of micro and macroeconomic policy issues that affect contemporary society. The module will use the toolkit of the economist to analyse contemporary economic issues.

  • Year Three

    Placement year

    A vital component of our degree courses is the placement year. This time spent working in business provides our students with crucial work experience, which is highly prized and much sought after by employers upon graduation. We have 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 during your third year.

    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.

    Or

    Taught modules

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

  • Final year

    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.

    Choice and Welfare

    The module builds on the microeconomic theory developed previously on the course to provide a critical analysis of economic theories, concepts and techniques of relevance to individual, government, business and managerial decision-making. In doing so, students will apply economic ideas to analyse a range of issues of concern to individuals, policy makers and businesses in a contemporary setting.

    Macroeconomics Issues and Policy

    The module extends and uses economic theory already encountered on the degree to analyse macroeconomic issues facing policy-makers in the modern economy. By applying economic concepts and theories to macroeconomic problems, the module aims to deepen understanding of macroeconomic debates about policy.

    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.

    Plus one optional module from:

    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.

    Investment Portfolio Management

    This module examines appropriate Investment and Portfolio Management theory. You will have the opportunity to put this theory into practice principally via the construction and running of a portfolio of equities.

    Econometric Theory

    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.

Course specification

View the full course specification
Please note that course specifications may be subject to change

How you’re taught

Assessment methods include; examinations, practically assessments including policy briefings; economics impact analysis; business and finance investment analysis using contemporary software; business analysis reporting; and country trade-flow analysis.

Teaching and learning on the economics course involves a blend of three crucial elements.

  • Exposure to a variety of economic perspectives.
  • Application of theories and concepts to policy issues in business, trade and finance.
  • Development of quantitative and qualitative skills of economic analysis.

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.

Assessment methods

Full time version of the course (3 years)

  • Year 1 coursework (49%), written (43%) and practical (8%).
  • Year 2 coursework (30%) and written (70%).
  • Year 4 coursework (55%) and written (45%).

Sandwich version of the course (4 Years)

  • Year 1 coursework (49%), written (43%) and practical (8%).
  • Year 2 coursework (30%) and written (70%).
  • Year 3 placement (100%).
  • Year 4 coursework (55%) and written (45%).

Contact hours

A full-time student on average can expect to spend 1200 hours a year learning which will typically be broken down as follows:

Full time version of the course (3 years)

  • Year 1 lectures/seminars/workshops (31%) and independent study (69%).
  • Year 2 lectures/seminars/workshops (26%) and independent study (74%).
  • Year 3 lectures/seminars/workshops (23%) and independent study (77%).

Sandwich version of the course (4 Years)

  • Year 1 lectures/seminars/workshops (31%) and independent study (69%) .
  • Year 2 lectures/seminars/workshops (26%) and independent study (74%).
  • Year 3 placement (100%).
  • Year 4 lectures/seminars/workshops (23%) and independent study (77%).

100% of students studying BA (Hons) Economics were satisfied with their course (National Student Survey 2018)

Careers and employability

93% of our undergraduates were in employment or further study six months after graduating from NTU (DLHE 2016/17)

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

  • auditor
  • business analyst
  • civil servant
  • credit controller
  • financial consultant

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

  • PRGX
  • Lloyds Banking Group
  • Freud Communications
  • Capita
  • Daccessgroup

Students on this course tend to earn the average salary of £23,100 six months after graduation (DLHE 2016/17)

Notable alumni

We like to keep in touch with all our past students to see what they have been up to over the years. Notable alumni for our Economics course are:

  • Tom Kay – Rower and three times world championship gold medallist
  • Jacob Roche – Management Consultant at Mott MacDonald
  • David Spruce – Operations Director at QBE European Operations

We’re ranked 27th / 78 for Economics in The Times and Sunday Times Good University Guide 2019

100% of students felt that the teaching staff made the subject more interesting (National Student Survey 2018 )

Entry requirements

You will need one of the following:

  • A-levels – BBB, excluding General Studies
  • BTEC Extended Diploma – DDM
  • 120 UCAS Tariff points from three A-levels or equivalent qualifications, excluding General Studies.
  • You will also need GCSEs – English and grade C / 4 and Maths grade B / 5.

We will consider equivalent qualifications and combinations, please see UCAS Course Search for details.

The UCAS Tariff

We have created this calculator to help you work out how many UCAS points your qualifications relate to.

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 qualifications

We accept qualifications from schools, colleges and universities all over the world for entry onto our UG and PG degrees. If you’re not sure how your international qualification matches our course requirements please visit our international qualifications page.

Pre-masters and foundation courses

If you need to do a foundation or pre-Masters course to meet our course requirements please visit Nottingham Trent International College (NTIC). If you are already studying in the UK at a school or college and would like to know if we can accept your qualification please visit our foundation and pre-Masters courses page.

English language entry requirements

If English is not your first language you need to show us that your language skills are strong enough for intensive academic study. We usually ask for an IELTS test and we accept some alternative English Language tests.

  • For a list of our language requirements please visit our English language page.
  • If you need to do a pre-sessional English language course to meet the English requirements please visit our pre-sessional English course page.

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.

How to apply

Ready to join us? Then apply as soon as you can. Just click the Apply button at the top of the page and follow the instructions for applying. Make sure you check the entry requirements above carefully before you do.

Writing your application and personal statement

Be honest, thorough and persuasive in your application. Remember, we can only make a decision based on what you tell us. So include all of your qualifications and grades, including resits or predicted grades.

Your personal statement is a really important part of your application. It’s your chance to convince us why we should offer you a place! You’ve got 4,000 characters to impress us. Make sure you use them to show how your skills and qualities are relevant to the course(s) you’re applying for. For more hints and tips, take a look at our page on how to write a good personal statement.

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.

You can get more information and advice about applying to NTU on our Your Application page. Good luck with your application!

Getting in touch

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

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.

  • For a step-by-step guide on making an application to the University please visit our how to apply page.
  • For advice on applying for a visa please visit our visa information page.
  • For advice on how to write a good personal statement please visit our personal statement page.

Apply now (UCAS)

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.

Further information on how to apply

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

Ranked 13th in the UK for Economics (The Guardian League Table 2019)

Fees and funding

Preparing for the financial side of student life is important, but there’s no need to feel anxious and confused about it. We hope that our fees and funding pages will answer all your questions.

Getting in touch

For more advice and guidance, you can contact our Student Financial Support Service.

Tel: +44 (0)115 848 2494

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.

International fees and scholarships

For international and EU fees for all courses together with advice on how to pay, please visit our international fees information.

We offer prestigious scholarships to our international students holding offers to study here. For details and an application form please visit our international scholarships information.

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.

Eighth in the UK for number of students studying Economics (sandwich / four years part-time) (HESA 2016/17)

Still need help?

Nottingham Business School
+44 (0)115 848 4460