Plymouth Business School

BSc (Hons) Business Economics

The study of economics is central to understanding many aspects of commercial and organisational activity. BSc (Hons) Business Economics will provide you with a firm grounding in the underlying theories and analysis of micro and macro behaviour, empowering you with the knowledge and skills to apply this to real-world policy. You’ll learn to understand the decision making process within organisations and develop your critical thinking ready for the business economist environment.

The combination of academic excellence and practical knowledge we encourage on this course will help you stand out when it comes to entering the world of work. The course opens doors to a wide range of career roles including industry economist, financial risk analyst, credit analyst and chartered accountant. Our accomplished and analytically-adept graduates are snapped up for high-flying and varied careers with KPMG, HM Treasury, Ernst and Young, and other organisations.

Key features

  • We’re very proud of our National Student Survey (NSS) 2019 return showing that 94% of our students agreed that staff made the subject interesting and 94% students agreed the course is intellectually stimulating*
  • All of our named awards share a core syllabus, stressing the integration of theory and evidence in economic analysis and research.
  • Engage with current and past students with our Economics Society, and hear talks from visiting academics and professionals. The Economics Society also awards a graduation prize for best academic paper in the final year.
  • We are one of a small number of institutions with a modern computer suite containing dedicated Bloomberg terminals giving you access to financial data and information.
  • Join the Devon Junior Chamber and receive training and professional mentoring.
  • Apply your skills in a work environment by taking our optional placement year, working full-time for a public or private sector organisation.
  • Think sustainably – in your final year you may choose to take Environmental and Resource Economics and analyse the issue of environmental and resource scarcity and the possible policy responses to market failure. 

Course details

  • Year 1
  • Explore the world of economics and learn how to interpret economic data. Build up a range of principles and theories and develop quantitative methods and study skills that provide a firm foundation for further studies.
    Core modules
    • ACF103 Business Accounting

      Business Accounting introduces accounting as the measurement, recording and communication of financial information for the purpose of business decision making in the context of risk, sustainability and liquidity. Business Accounting exposes the practical application of a range of relevant accounting techniques which enable effective decision making process. On successful completion of the module students should be able to prepare, report and analyse the key financial statements for decision making purposes.

    • ECN1005 Contemporary Economics

      This module provides an introduction to selected contemporary economic topics and the basic tools of economic reasoning.

    • ECN1008 Economics in Action

      This module explores the application of basic economic concepts to a range of contemporary issues.

    • ECN1014 Introduction to Business and Financial Economics

      The module provides an introduction to the subject of business and financial economics it combines an understanding of theory and frameworks with the practical skills necessary to apply acquired knowledge to a business, industrial or financial context.

    • ECN1015 Principles of Microeconomics

      This module provides an introduction to the theories and concepts of modern microeconomics and mathematical techniques, and applies them to a range of contemporary issues.

    • ECN1016 Principles of Macroeconomics and Data Analysis

      This module provides an introduction to the theories and concepts of modern macroeconomics and statistical techniques, and applies them to a range of contemporary issues.

  • Year 2
  • Develop your knowledge of theories and methods that are central to modern business economic analysis. Study micro- and macroeconomics in depth and improve your quantitative skills with econometrics to help enhance your career prospects. You have the opportunity to learn about contemporary business economics and have a choice of taking further economic or business options.
    Core modules
    • ECN2005 Econometrics

      This module provides an introduction to basic econometric techniques with an emphasis upon learning through practical investigation and experimentation.

    • ECN2006 Microeconomics

      This module develops concepts and theories of microeconomics analysis at an intermediate level and applies them to a range of contemporary issues.

    • ECN2008 Contemporary Business Economics

      This module develops and applies concepts of economics and industrial organization to the analysis of the behaviour of firms, industries and markets.

    • ECN2012 Macroeconomics

      This module develops concepts and theories of microeconomic analysis at an intermediate level and applies them to the analysis of real world issues of macroeconomic stability, growth and government policy.

    • EPIE200 Placement Preparation

      This module is aimed at students who will be undertaking an industrial placement in the third year of their degree. It is designed to build on skills learned in Stage 1 and helps students in their search for a placement, and in their preparation for the placement itself.

    Optional modules
    • ACF205 Management Accounting

      Students will study management accounting, including areas such as budgeting, costing and variance analysis.

    • DEAS200 Academic Skills for International Direct Entry Second Year Students

      The short, not for credit module will teach academic skills (including, but not limited to, time management, groupwork, information literacy and some basic critical thinking) to second year IDES. It is based in the middle of the first term.

    • ECN2009 Economic Perspectives

      This module provides an introduction to the philosophy of science and considers economics within that context. The course introduces the different schools of thought within economics and examines different methodological approaches used within the social sciences, with a core focus on those used by economists.

    • ECN2011 Financial Economics

      This module provides an introduction to financial economics. The course considers theory, empirical evidence and practical application.

    • ELC203 English for Academic Purposes

      This module develops students' level of English in order to operate effectively in an academic context at stage two.

    • FREX01 French 1

      This module is designed for beginners in the language, or those whose previous qualification/experience is not equivalent to GCSE grade B. It develops communicative competence at a basic level, enabling students to establish and maintain adequate social relations with speakers of a foreign language, negotiate everyday needs in a foreign country, and communicate using spoken and simple written language in a limited social or work setting.

    • FREX02 French 2

      This module is designed for students whose previous qualification/experience in the language is at least equivalent to GCSE grade B, or as a progression from Basic. It develops communicative competence at an intermediate level, improving students' ability to establish social and working relations with speakers of the language, to understand key aspects of the target culture, and to handle useful routine writing and reading tasks.

    • SPNX01 Spanish 1

      This module is designed for beginners in the language, or those whose previous qualification/experience is not equivalent to GCSE grade B. It develops communicative competence at a basic level, enabling students to establish and maintain adequate social relations with speakers of a foreign language, negotiate everyday needs in a foreign country, and communicate using spoken and simple written language in a limited social or work setting.

    • SPNX02 Spanish 2

      This module is designed for students whose previous qualification/experience in the language is at least equivalent to GCSE grade B, or as a progression from Basic. It develops communicative competence at an intermediate level, improving students' ability to establish social and working relations with speakers of the language, to understand key aspects of the target culture, and to handle useful routine writing and reading tasks.

    • STO205 An Introduction to International Business

      This module explores the changes in the world economy because of globalization and the strategic choices that a multinational corporation must make in such a globalized world. It examines the role of international trade and foreign direct investment in creating a more integrated world economy. Further it addresses the risks associated with foreign exchange transactions as also the advantages of regional economic integration such as European Union. Finally it deals with the firm level issues such as supply chain management, human resource management and financial management in the global context.

  • Optional placement year
  • Get paid for hands-on work experience and develop your economic flair during our optional industrial placement. We support you to find the most suitable private or public sector placement, where you develop your range of skills to benefit your future career.
    Core modules
    • EPIE300 Placement Year

      The placement year consists of an extended period of appropriate professional experience in a business or organisation. It allows the student to gain relevant experience to consolidate their studies and prepare for final stage study and employment after graduation.

    • EPIE301 The Placement Project

      This module requires students to produce a project relating to their placement experience.

  • Final year
  • In your final year, you’ll learn more about the global economy and specialise in business topics of your choice, including economic modelling and game theory.
    Core modules
    • ECN3017 International Economics

      This module explores the economic implications of globalisation by investigating current trends in international trade and capital markets.

    • ECN3019 Games and Strategy

      This module develops and explores ideas in game theory, and applies them to the analysis of a range of contemporary economic, business, political and social problems.

    • ECN3020 Economics Project

      This module allows students to undertake supervised economic research in an area of interest to them using quantitative or qualitative research methods.

    • ECN3024 Professional Practice for Economists

      This module develops professional practice skills by developing capabilities to critically apply economic methodology (i.e. concepts, theories and techniques) in ways typically used by professional economists. The module demonstrates the importance of economics to the study of business and society.

    Optional modules
    • ACF309 Auditing

      The auditing module is a balanced mix of theory and practice in auditing. Students will consider and discuss the need for audit in society as well as the views of those critical of today's audit function. An opportunity to study auditing scandals will help students to understand and appreciate not only the challenges faced by the auditing profession but also how current auditing standards and regulation has been developed. Students will also learn how to audit through studying the theory behind the audit process and then how to apply the theory through the use of practical examples and a computerised case study.

    • ACF311 Credit Management: Theory and Practice

      This module provides in-depth knowledge of how to manage trade, consumer and export credit. It explores the economic importance of credit and the contribution it can make as a competitive device to add value to organisations.

    • DEAS300 Academic Skills for International Direct Entry Final Year Students

      This module focuses on the study skills required for the study of business in UK HE for international direct entry final year students, it provides generic skills for students who are new to UK HE, such as information literacy, criticality, different types of assessment, assignment briefs, preparation and planning, and marking rubrics.

    • ECN3016 Environmental and Resource Economics

      Modern economies heavily depend on natural resources and substantially affect the natural environment. This module develops and applies eco­nomic theories and concepts relevant to the analysis of environmental and resource issues. It explores environmental and resource policies at the national and international stage.

    • ECN3022 Topics in Economics

      This module explores the application of intermediate economics to a range of contemporary theoretical and applied issues in economics.

    • FREX01 French 1

      This module is designed for beginners in the language, or those whose previous qualification/experience is not equivalent to GCSE grade B. It develops communicative competence at a basic level, enabling students to establish and maintain adequate social relations with speakers of a foreign language, negotiate everyday needs in a foreign country, and communicate using spoken and simple written language in a limited social or work setting.

    • FREX02 French 2

      This module is designed for students whose previous qualification/experience in the language is at least equivalent to GCSE grade B, or as a progression from Basic. It develops communicative competence at an intermediate level, improving students' ability to establish social and working relations with speakers of the language, to understand key aspects of the target culture, and to handle useful routine writing and reading tasks.

    • SPNX01 Spanish 1

      This module is designed for beginners in the language, or those whose previous qualification/experience is not equivalent to GCSE grade B. It develops communicative competence at a basic level, enabling students to establish and maintain adequate social relations with speakers of a foreign language, negotiate everyday needs in a foreign country, and communicate using spoken and simple written language in a limited social or work setting.

    • SPNX02 Spanish 2

      This module is designed for students whose previous qualification/experience in the language is at least equivalent to GCSE grade B, or as a progression from Basic. It develops communicative competence at an intermediate level, improving students' ability to establish social and working relations with speakers of the language, to understand key aspects of the target culture, and to handle useful routine writing and reading tasks.

Every undergraduate taught course has a detailed programme specification document describing the course aims, the course structure, the teaching and learning methods, the learning outcomes and the rules of assessment.

The following programme specification represents the latest course structure and may be subject to change:

BSc Business Economics programme specification 0989

The modules shown for this course are those currently being studied by our students, or are proposed new modules. Please note that programme structures and individual modules are subject to amendment from time to time as part of the University’s curriculum enrichment programme and in line with changes in the University’s policies and requirements.

Entry requirements

UCAS tariff

104 - 120

A levels
104-120 points including a minimum of 2 A levels. This course considers general studies.

BTEC
18 Unit BTEC Extended Diploma: DMM in any subject.

BTEC National Diploma modules
If you hold a BTEC qualification it is vital that you provide our Admissions team with details of the exact modules you have studied as part of the BTEC. Without this information we may be unable to process your application quickly and you could experience significant delays in the progress of your application to study with us. Please explicitly state the full list of modules within your qualification at the time of application.

Access
Pass a named Access to HE Diploma in any subject with at least 33 credits at merit/distinction.  

GCSE
All applicants must have GCSE (or equivalent) mathematics and english at grade 4/C or above.

International Baccalaureate
26 - 30 overall to include 4 at any subject at Higher Level. English and Maths accepted within: Higher Level = 4 Standard Level = 5.

Other

14-19 Diplomas are accepted – please enquire. 

Other combinations and non-A level qualifications also considered.

Short of the entry requirements for this course? Don’t worry you may be eligible for a foundation year to prepare you for possible entry onto this course for the following year.

English language requirements.

We welcome applicants with international qualifications. To view other accepted qualifications please refer to our tariff glossary

Fees, costs and funding

EU applicants should refer to our dedicated Brexit webpage for details of the implications of the UK’s plans to leave the European Union.

New Student 2020 2021
Home/EU £9,250 £9,250
International £13,800 £14,200
Part time (Home/EU) £770 £770
Full time fees shown are per annum. Part time fees shown are per 10 credits. Please note that fees are reviewed on an annual basis. Fees and the conditions that apply to them shown in the prospectus are correct at the time of going to print. Fees shown on the web are the most up to date but are still subject to change in exceptional circumstances. For more information about fees and funding please visit www.plymouth.ac.uk/money.

Undergraduate scholarships for international students

To reward outstanding achievement the University of Plymouth offers scholarship schemes to help towards funding your studies.

Find out whether you are eligible and how you can apply

Additional costs

This course is delivered by the Faculty of Arts, Humanities and Business and more details of any additional costs associated with the faculty's courses are listed on the following page: Faculty of Arts, Humanities and Business additional costs.

How to apply

All applications for undergraduate courses are made through UCAS (Universities and Colleges Admissions Service). 

UCAS will ask for the information contained in the box at the top of this course page including the UCAS course code and the institution code. 

To apply for this course and for more information about submitting an application including application deadline dates, please visit the UCAS website.

Support is also available to overseas students applying to the University from our International Office via our how to apply webpage or email international-admissions@plymouth.ac.uk.

Assessment breakdown: 27% exams, 73% coursework

What can you do with an economics degree?

Careers in economics

Competition for graduate jobs is fierce. The combination of academic excellence and practical knowledge we encourage on this course will help you stand out when it comes to entering the world of work.

Our students graduate ready to take on all sorts of finance and economics roles – from industry economist to financial risk analyst

Find out what our graduates are up to

Expand your real world experience with a placement

Get paid for hands-on work experience and develop your economic flair during our optional industrial placement. We support you to find the most suitable private or public sector placement. This provides an opportunity to apply and deepen your knowledge.

"The University of Plymouth placements team offered me dedicated and comprehensive guidance throughout. They helped me to find a corporate internship with a profit-driven business in Malta, then supported me through a halfway transition to a diplomatic and analytical position in Paris - amidst Brexit turmoil. This allowed me to broaden my skillset and prepared me for my future career path with an exciting industry year abroad."

Sean Arrowsmith, BD Electronics - International Business Development

Discover career-enhancing placement opportunities

Why I chose Plymouth

Shahana, first year BSc (Hons) Economics Student

"I have always had a real passion for numbers and having an answer for everything – mathematics is the subject I have found the most fulfilling.

I identified early that economics would build upon my love of mathematics and that it was important for me to find a course that would enable me to channel my interest in the humanities, having studied history and geography at A level.

After considering multiple options, Plymouth remained the best choice for me due to the quality of the BSc (Hons) Economics course content as well as the course’s flexible structure of optional modules, which will allow me to carve a personal pathway that will guide me towards graduation and beyond"

Read more about Shahana's experience.

Bloomberg Interactive Learning Suite

The Bloomberg Interactive Learning Suite allows students to research fields such as corporate finance, derivative markets, portfolio and risk analytics, real time data and investment simulations.

Plymouth Business School students are using the Bloomberg Interactive Learning Suite to gain an understanding of the stock markets

Find out more

The Economics Society

The Economics Society brings together current and past students with an interest in the world of economics. We run events throughout the year to enhance your studies and experience at the University of Plymouth.

Run by staff and students we organise social evenings and talks from visiting academics, professional economists and Plymouth graduates

Take a look at our Facebook page

Careers service

The University of Plymouth has a dedicated careers service supporting you from the moment you start your degree, to three years after graduation.

Careers advice is embedded into your academic programme through workshops, events, placements, networks - working with the academic staff teaching on your course. We also offer materials, networks and resources online through our 24/7 portal, and a wide-range of activities, opportunities and support centrally in the Careers Service space within the Student Hub.

We are here to help you to explore, connect and succeed.

Discover our careers service

Meet some of our staff

* These are the latest results from the National Student Survey. Please note that the data published on Discover Uni is updated annually in September.