BA (Hons)

Economics with Business

student examining financial data in trading room
Top
20
In the UK for Economics
in The Guardian University Guide 2019
  • UCAS code(s): L1N1 / L1NC
  • 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

Economics is built on some simple, yet important, idea 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.

This course provides a solid grounding in the threshold concepts underpinning economic analysis, using its distinctive perspectives to critically analyse business decision-masking. You will learn about the industry and regulatory contexts surrounding decisions in an international setting as well as develop crucial employment skills.

This flexible course provides a solid grounding in the main elements of economic analysis, while emphasising their application to public and private organisations, as well as to question policy.

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.

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 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. Take a look at the academic calendar for term dates. The academic calendar will apply throughout your course, aside from your placement year (if you choose 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.

    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.

    Managerial Economics I

    This module involves the application of economic tools and techniques to contemporary business decisions, incorporating experience in the use of computer software to aid analysis.

    Industrial Economics

    This module will enable you to apply economic techniques to analyse the workings of industries and firms, in their market context. Alternative economic theories concerning the behaviour of firms and government policies towards industries and firms will be explored.

  • 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.

    Developments in Economic Theory

    The module builds on the micro and macroeconomic 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.

    Managerial Economics II

    This module traces the growth and development of firms, critically applying economic theories to derive explanations for not only why firms grow, but also how firms grow. Related decisions regarding organisational structure and governance are also analysed.

    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.

    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.

    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

Nottingham Business School is in the 1% of business schools worldwide to have both EQUIS and AACSB accreditation.

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 (38%) and written (62%).
  • Year 2 coursework (15%), written (77%) and practical (8%).
  • Year 3 coursework (88%) and written (12%).

Sandwich version of the course (4 Years)

  • Year 1 coursework (38%) and written (62%).
  • Year 2 coursework (15%), written (77%) and practical (8%).
  • Year 3 placement (100%).
  • Year 4 coursework (88%) and written (12%).

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 (24%) and independent study (76%).

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 (24%) and independent study (76%).

Careers and employability

100% of our undergraduates were in employment, or further study, just 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:

  • account manager
  • business analyst
  • client accountant
  • customer care executive
  • data manager.

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

  • Secure Trust Bank
  • Lambert Smith Hampton
  • L'Oreal Luxe
  • NHS
  • Nationwide Building Society.

Students on this course tend to earn the average salary of £22,300 six months after graduation (DLHE 2015/16)

Notable Alumni

We like to keep in touch with all our past students to see what they have been up to over the years, a few notable alumni for our Economics with Business course are:

  • Ben Burghes - Senior Manager of Strategic Procurement at Coca-Cola Enterprises Ltd
  • Martin Jones - Former GB and England Hockey Player and Beeston Head Coach

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

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

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

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.

Still need help?

Nottingham Business School
+44 (0)115 848 4460