UDBUSECM - BA Business Economics
Course Specification
Validation status | Validated | |||||||||||
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Highest award | Bachelor of Arts | Level | Honours | |||||||||
Possible interim awards | Bachelor of Arts, Diploma of Higher Education, Certificate of Higher Education, Bachelor of Arts | |||||||||||
Total credits for course | 360 | |||||||||||
Awarding institution | London Metropolitan University | |||||||||||
Teaching institutions | London Metropolitan University | |||||||||||
School | Guildhall School of Business and Law | |||||||||||
Subject Area | Business and Management | |||||||||||
Attendance options |
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Course leader |
About the course and its strategy towards teaching and learning and towards blended learning/e-learning
Students’ learning is initiated and directed through formal contact time with the teaching team in lectures, seminars and workshops. Students are expected to develop their learning through small-group activity in class and through reading, writing, problem-solving and other learning activity outside class. Students learn both individually and in groups and use case studies, presentations and problem-based learning exercises to develop and demonstrate their understanding. Critical thinking is developed throughout the course.
Lectures and seminars are important activities that develop cognitive skills. Lectures provide students with good subject specific information and clear guidance on how best they can learn. Module teaching is structured so that students first acquire basic knowledge and then progress to develop higher level skills of evaluation and synthesis. Seminars encourage student reflection, engagement and participation. They give students the opportunity to test their understanding and to make mistakes in a supportive environment. Seminar and small-group learning activities typically require students to carry out independent work prior to formal class and to work cooperatively in groups.
Numerical and statistical skills are introduced and developed in core quantitative modules at levels 4 and 5 and the application of these methods is supported and enhanced in other core modules. Students learn how to obtain, manipulate and interpret key economic data series and they are able to extend their quantitative skills at level 6 in the project module and through option choice.
Practical skills are developed through the use of student presentations in seminars/tutorials, and through independent activites undertaken by students who reflect on, develop and present work for informal assessment by the tutor. Inititative and independence are developed progressively through the three levels of the course, so that students learn to take greater responsibility for their work, culminating in their level 6 project.
With respect to blended learning: all modules make use of virtual learning environment platforms (WebLearn) in which module lecture material, course handbooks and other material are made available. Other ICT resources include links to key web resources, on-line learning games, test questions and previous exmaples of assessments with feedback.
Course aims
The BA Business Economics aims to:
- Instil a knowledge and understanding of methods, theory and application in Business Economics;
- Provide a range of cognitive and transferable skills which promote employability and/or further study;
- Develop students’ abilities to use and evaluate forms of economic reasoning in a variety of contexts;
- Provide a rich and challenging course which promotes personal and academic development and life-long learning.
Course learning outcomes
- articulate core economic concepts, theories and models and use these tools to analyse business and economic problems and policy questions in a business, government, or social context;
- explain and apply mathematical and econometric methods and computing techniques in a variety of economics-related contexts;
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elaborate the range of economic ideas and differing methods of analysis used in Business Economics, including the determination of industry market structure, the effectiveness of regulation and the strategies, organisation, and operation of business both domestic and international; -
apply and evaluate research techniques used in Business Economics; - critically assess the importance of effective management of human resources and cultural diversity and their impact on the management of business.
- apply intellectual skills and critical reasoning with particular emphasis on the development of the higher order skills of analysis, synthesis and evaluation of concepts, ideas and theories in business economics;
- marshal evidence and assimilate, structure and analyse qualitative and quantitative data;
- explain verbal, graphical and mathematical representations of ideas and analyses in Business Economics , including the relationship between them, drawing appropriate inferences;
- carry out independent scholarly research and use acquired knowledge to analyse and evaluate specific issues and problems in economics and business.
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demonstrate strategies and methods which provide independent learning capabilities required for continuing professional development and which demonstrate initiative and personal responsibility; -
describe the principles, issues and practices of global ethics and social responsibility in managing international businesses -
work within time and other constrained environments, requiring the need to be selective and precise and to make informed decisions; -
produce reports and give oral presentations to a professional level; - work effectively in groups and demonstrate team-working, planning, communication and other “soft” skills.
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link theoretical and quantitative knowledge and analytical skills to practice in business, government and other organisations; -
communicate complex ideas and analysis in business and economics through written and oral expositions, especially with reference to the existence and development of modern business; -
design, plan, organise and deliver an individual research project reflecting professional standards used in economics and business; -
interpret and present business, economic and financial information effectively in a variety of contexts, using up-to-date statistical and modelling tools and appropriate software.
Course learning outcomes / Module cross reference
Knowlede and understanding
1. articulate core economic concepts, theories and models and use these tools to analyse economic problems and policy questions in a business, government, or social context:
EC4006, EC4004, EC4007, EC4008,
EC5001, EC5005, EC5007, EC6006,
EC6003, EC6008
2. explain and apply mathematical and econometric methods and computing techniques in a variety of economics-related contexts:
EC4007, EC5001, EC5005, EC5007,
EC6003, EC6008
3. elaborate the range of economic ideas and differing methods of analysis used in
Economics:
EC4006, EC4004, EC5001, EC5005,
EC6006, EC6003, EC6008
4. apply and evaluate research techniques used in Economics:
EC5001, EC5005, EC5007, EC6006,
EC6003, EC6008
Cognitive/intellectual skills
1. apply intellectual skills and critical reasoning with particular emphasis on the
development of the higher order skills of analysis, synthesis and evaluation of
concepts, ideas and theories in economics:
EC4006, EC4004, EC5001, EC5005,
EC6006, EC6003, EC6008
2. marshal evidence and assimilate, structure and analyse qualitative and quantitative
data:
EC4007, EC5007, EC6006, EC6003,
EC6008
3. explain verbal, graphical and mathematical representations of economic ideas and
analyses, including the relationship between them, drawing appropriate inferences:
EC4006, EC4007, EC4008, EC5001,
EC5005, EC6006, EC6003, EC6008
4. carry out independent scholarly research and use acquired knowledge to analyse and evaluate specific issues and problems in economics and business:
EC5007, EC6006, EC6003, EC6008
Practical/transferable skills including
employability
1. demonstrate strategies and methods which provide independent learning capabilities
required for continuing professional development and which demonstrate initiative and personal responsibility:
EC4006, EC4004, EC4008, EC5001,
EC5005, EC6006, EC6003, EC6008
2. work within time and other constrained environments, requiring the need to be selective and precise and to make informed decisions:
EC4006, EC4004, EC4007, EC4008,
EC5001, EC5005, EC5007, EC6006,
EC6003, EC6008
3. produce reports and give oral presentations to a professional level:
EC4006, EC4004, EC5005, EC6006,
EC6003, EC6008
4. work effectively in groups and demonstrate team-working, planning, communication and other “soft” skills:
EC4006, EC4004, EC5005, EC6006
Subject-Specific Practical Skills
5. link theoretical and quantitative knowledge and analytical skills to practice in business, government and other organisations:
EC4006, EC4004, EC4007, EC4008,
EC5001, EC5005, EC5007, EC6006,
EC6003, EC6008
6. communicate complex ideas and analysis in business and economics through written and oral expositions:
EC4006, EC4004, EC4008, EC5001,
EC5005, EC6006, EC6003, EC6008
7. design, plan, organise and deliver an individual research project reflecting professional standards used in economics:
EC6006
8. interpret and present economic and financial information effectively in a variety of
contexts, using up-to-date statistical and modelling tools and appropriate software:
EC4007, EC5007, EC6006, EC6003,
EC6008
Principle QAA benchmark statements
Assessment strategy
Organised work experience, work based learning, sandwich year or year abroad
Work-related learning provides students with:
● the experience of a competitive recruitment process or pitching for an opportunity
● a work-related experience or project which impacts a real organisation
● assessment and feedback on their reflections on their experience of the work-related learning and planning for their future career.
Modules required for interim awards
Career opportunities
A degree in business economics can give your career a major headstart. The skills acquired on our degrees are highly valued by employers, and economics graduates are among the highest paid graduates, according to a 2014 report published by the Sutton Trust.
A wide range of career opportunities are opened up by this course, such as working in international corporations, management, government, banking and finance, consultancy and research. You could also choose progress to postgraduate study. Some of our previous students have gone on to attend universities around the world such as Birkbeck in London and the University of Augsburg in Germany.
Entry requirements
In addition to the University's standard entry requirements, you should have:
- a minimum of grades CCC in three A levels in academic or business subjects (or a minimum of 96 UCAS points from an equivalent Level 3 qualification, eg BTEC National, OCR Diploma or Advanced Diploma)
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English Language and Mathematics GCSE at grade C (grade 4 from 2017) or above (or equivalent)
All applicants must be able to demonstrate proficiency in the English language. Applicants who require a Tier 4 student visa may need to provide a Secure English Language Test (SELT) such as Academic IELTS. For more information about English qualifications please see our English language requirements.
Official use and codes
Approved to run from | 2013/14 | Specification version | 1 | Specification status | Validated |
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Original validation date | 01 Sep 2013 | Last validation date | 01 Sep 2013 | ||
Sources of funding | HE FUNDING COUNCIL FOR ENGLAND | ||||
JACS codes | L100 (Economics): 100% | ||||
Route code | BUSECM |
Stage 1 Level 04 September start Offered
Code | Module title | Info | Type | Credits | Location | Period | Day | Time |
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EC4006 | Principles of Economics | Core | 30 | |||||
EC4007 | Quantitative Methods in Economics | Core | 30 | |||||
EC4008 | Accounting, Financial Markets and Institutions | Core | 30 | |||||
MN4001 | Business and Enterprise | Core | 30 |
Stage 2 Level 05 September start Offered
Code | Module title | Info | Type | Credits | Location | Period | Day | Time |
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FE5001 | Econometrics and Financial Modelling | Core | 30 | |||||
FE5004 | International Business and World Markets | Core | 30 | |||||
FE5005 | Microeconomics | Core | 30 | |||||
MN5W50 | Creating a Winning Business 1 | Alt Core | 15 | NORTH | SPR | FRI | PM | |
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MN5W55 | Learning through Work | Alt Core | 15 | NORTH | AUT | WED | AM | |
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FE5003 | Macroeconomics | Option | 30 | |||||
FE5006 | Bank Lending and the Legal Environment | Option | 30 | |||||
FE5051 | Corporate Financial Services Strategy | Option | 15 | |||||
FE5052 | Money and Banking | Option | 15 | |||||
FE5053 | Economics and Ethics | Option | 15 | |||||
FE5055 | Information Technology for Professional Practice | Option | 15 | |||||
OL0000 | Open Language Programme Module | Option | 15 | NORTH | SPR | NA | ||
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XK0000 | Extension of Knowledge Module | Option | 15 | NORTH | SPR | NA | ||
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Stage 3 Level 06 September start Offered
Code | Module title | Info | Type | Credits | Location | Period | Day | Time |
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FE6003 | Economics of Human Resources | Core | 30 | |||||
FE6P01 | Empirical Research in Global Banking, Finance a... | Core | 30 | |||||
MN6W04 | Professional Experience Year Placement | Alt Core | 30 | NORTH | AUT+SPR | NA | ||
MN6W50 | Creating a Winning Business 2 | Alt Core | 15 | |||||
MN6W55 | Learning through Work 2 | Alt Core | 15 | |||||
FE6051 | Economics of Multinational Business | Option | 15 | |||||
FE6052 | Personal Finance | Option | 15 | NORTH | SPR | WED | PM | |
FE6053 | International Trade and Finance | Option | 15 | NORTH | AUT | WED | PM | |
OL0000 | Open Language Programme Module | Option | 15 | NORTH | SPR | NA | ||
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XK0000 | Extension of Knowledge Module | Option | 15 | NORTH | SPR | NA | ||
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