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University of Westminster

Bachelor Degree , Business Economics

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Course Description

In an uncertain and rapidly changing world, a knowledge of economics and the unique insights it offers into how individuals, ?rms and organisations operate and interact is invaluable. So is the ability to communicate this understanding to specialists and non-specialists. This course combines a thorough grounding in the discipline of economics, with a range of practical skills required in professional life and for postgraduate studies.

You will develop your ability to apply economic reasoning to real-world issues. You will become con?dent in economic and business analysis and in applying these analytical skills to business and organisational decisions, to solving business and economic problems, undertaking research and consultancy, and contributing to the design and implementation of economic policy by government agencies. You will also extend your skills in data gathering and interpretation, quantitative analysis and forecasting, become global in outlook and socially, environmentally and ethically aware.

The course will enhance your employability as business analysts or specialist economists, as well as equipping you for careers in management, in an international organisation, in banking, the ?nancial sector more broadly, or the voluntary or public sector.

In each year of study you will take a combination of core and option modules.

The course begins with a thorough grounding in economics and an appreciation of the part economic history has played in shaping the evolution of economic thought. At Level 5 the course involves more advanced study of macroeconomics and microeconomics, and the application of economic theory in research and appraisal. At Level 6 you will explore contemporary economic policy debates and develop your econometric analysis and forecasting skills.

At each level you will be offered a choice of applied economic option modules as well as more general business modules and the opportunity to study a language.

Teaching methods focus on active student learning through seminars, workshops, problem-based and blended learning (including group work) designed to engage your interest. Assessment methods may include essays, reports, case studies, and in-class tests as well as time-constrained exams.

Course Content

YEAR 1

Subjects of study include:

  • Crises and Controversies in Economics
  • Exploring Microeconomics
  • Global Business Environment
  • Macroeconomic Framework
  • Quantitative Economic Analysis

Credit Level 4

You will also have the opportunity to take an option module that broadens your skills or helps you to gain more in-depth knowledge of your specialist area; your option module may be a foreign language.

YEAR 2

Subjects of study include:

  • Analysis of Economic and Business Data
  • Applied Economic Research and Appraisal
  • Macroeconomic Analysis and Policy
  • Managerial Economics: Firms and Markets

Credit Level 5

Plus two options from: Global Economic Issues, Information and Digital Economics, Money Banking and Financial Markets, or other areas of business including languages

Professional experience or Study Abroad year

Between Year 2 and Year 3 you may choose to study English-taught courses for a year at one of our overseas partner institutions. Currently, you can take a Year Abroad studying (or combining work and study) in Berlin, Copenhagen, Madrid, Paris and other locations including Brisbane, Sydney (Australia), Japan, Canada and the USA. There are also many opportunities for those with appropriate language skills to study in the local language in France, Germany and Spain, among others. You can also choose to split your year abroad into a first semester exchange and a second semester work placement, both conducted overseas, or undertake a placement year overseas.

Alternatively, between Year 2 and Year 3 you can undertake a one-year, full-time business placement as a Professional Experience Year within the UK. Past students have completed placements in a variety of prestigious organisations, including AMEC, Barclays Bank, Commerzbank, Fresh?elds Bruckhaus Deringer, GE Capital, HSBC, IBM and the NHS, as well as in smaller businesses.

YEAR 3

Subjects of study may include:

  • Applied Econometrics
  • Contemporary Debates in Macroeconomics
  • Economics of Public Policy
  • Global Strategic Management

Credit Level 6

Plus two options from: Development Economics, Forecasting for Managers, International Economics, Dissertation  or other areas of business including languages.

 

Entry Requirements

  • A levels – BBB to AAB
  • International Baccalaureate – 27 points. We also welcome applications from students taking the IB Career related Programme
  • BTEC Extended Diploma – DDM to DDD
  • BTEC Diploma – Not accepted on its own
  • Access – 120 to 136 UCAS Tariff points from the Access course

In addition to one of the above, you should have:

  • GCSE English Language grade 4/C – IB grade 4 Higher Level, GCSE Maths grade 4/C – IB grade 4

If your first language is not English, you will need an IELTS score of 6.0 overall, with 5.5 in each component.

We also welcome applications from students who are taking a combination of qualifications listed above. 

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