BSc (Hons) Business Economics and Management

To provide an introduction to the fundamental concepts of finance, including project appraisal, capital markets and the capital structure of firms. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The sources, uses and management of finance.
• The use of accounting and other information systems for planning, control, and decision making.
• The use of accounting and other information systems for managing financial risk.
• Leadership, management and development of people including the implications of the legal context.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives on the economic, social and environmental conditions of the future.
• Economic policy at the macroeconomic level showing an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
• The concepts of the time value of money and the risk and return relationship for different sources of finance and for portfolios.
• The concepts of financial securities, their features and markets.
• The concepts of capital structure and its importance to firm value.

To provide participants with a solid understanding of the application and impact of computers and the Internet, especially in small businesses. To ensure a hands-on competence in the use of spreadsheets. 

Learning outcomes:

• The use of accounting and other information systems for planning, control, and decision making.
• The development, management, application and implementation of information systems and their impact upon organisations.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.

To introduce the context and essential techniques of accounting, including double-entry bookkeeping, and to consider the uses of accounting both internally to the business (such as assisting in management decision-making) and externally (in the preparation of financial statements).

Learning outcomes:

• The sources, uses and management of finance.
• The use of accounting and other information systems for planning, control, and decision making.
• The main current technical language and practices of accounting under IFRS. Skills in recording and summarising transactions and other economic events in the preparation of financial statements.

To introduce students to key microeconomic tools and concepts in order to prepare them for Level 2 economic modules. It also aims to provide participants with an understanding of the nature and scope of macroeconomic policy and the economic theories upon which it is based. 

Learning outcomes:

• The development, access and operation of markets for resources, goods and services.
• Economic policy at the macroeconomic level with an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.

To develop an understanding of important microeconomic concepts. 

Learning outcomes:

• The applications of economics. To discover how to apply relevant economic principles and reasoning to a variety of applied topics, in particular in the fields of industrial organisation and managerial economics.
• Understanding of distinctive economic theories, interpretations and modelling approaches, and their competent use.
• Economic principles and tools addressing the microeconomic issues of the production and exchange of goods.
• Economic principles and tools addressing the microeconomic issue of the relationships between principals and agents.
• Economic principles and tools addressing the microeconomic issue of economic welfare.

To introduce students to the basic ideas and concepts of organisational behaviour. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• Leadership, management and development of people including the implications of the legal context.
• Leadership, management and development of organisations including the implications of the legal context.
• The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues.
• The design, development of organisations, including cross-cultural issues, change, diversity and values.

To develop key mathematical and statistical techniques and their application to problems and data. 

Learning outcomes:

• The use of accounting and other information systems for planning, control, and decision making.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.
• Relevant quantitative techniques, including mathematical and statistical methods. Economic data and its appreciation.

To develop an understanding of the key theories and concepts in the development of society and the nature of work. 

Learning outcome:

• The design, development of organisations, including cross-cultural issues, change, diversity and values.

The aim of the module is to introduce students to the economic view of firms, highlighting the implications for firms' decisions in closed and open economies. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• Economic principles and tools addressing the microeconomic issue of the interdependency of markets.
• Economic principles and tools addressing the microeconomic issue of the relationships between principals and agents.
• Have the ability to discuss and analyse government policy and to evaluate the performance of the UK and other economies, past and present.
• Ability to apply core economic theory and economic reasoning to applied topics.

To help students understand the economic analysis of organisations and innovation, why firms exist and why innovation matters, how firms organise and co-ordinate their activities and how they undertake innovation in order to stay competitive.

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The management of resources.
• Taking innovative business ideas to create new products, services or organisations including the identification of Intellectual Property and appreciation of its value.
• The applications of economics. To discover how to apply relevant economic principles and reasoning to a variety of applied topics, in particular in the fields of industrial organisation and managerial economics.
• Economic principles and tools addressing the microeconomic issues of decision and choice.
• Economic policy with an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
• Ability to apply core economic theory and economic reasoning to applied topics.

To help students understand the economic analysis of firm behaviour on markets, why they might behave differently in different markets, the consequences for consumers, and how auctions can be used to determine a price for sellers and buyers. 

Learning outcomes:

• The development, access and operation of markets for resources, goods and services.
• A coherent core of economic principles, including the microeconomics of decision and choice, production and exchange and the macroeconomics of employment, national income, the balance of payments, exchange rates, inflation, growth and money.
• Economic policy with an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
• Ability to apply core economic theory and economic reasoning to applied topics.
• The applications of economics. To discover how to apply relevant economic principles and reasoning to a variety of applied topics, in particular in the fields of industrial organisation and managerial economics.
• Understanding of distinctive economic theories, interpretations and modelling approaches, and their competent use.
• The applications of economics to design, guide and interpret commercial, economic, social and environmental policy.
• Mathematical methods for economics.
• Economic principles and tools addressing the microeconomic issues of decision and choice.
• Economic principles and tools addressing the microeconomic issues of the production and exchange of goods.
• Economic principles and tools addressing the microeconomic issues of the pricing and use of inputs.
• Economic principles and tools addressing the microeconomic issue of economic welfare.
• Economic policy at the microeconomic level showing an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.

To introduce students to key international business concepts. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The development, access and operation of markets for resources, goods and services.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues.
• The design, development of organisations, including cross-cultural issues, change, diversity and values.

To introduce participants to the theory and practice of applied econometric modelling.

Learning outcome:

• Relevant quantitative and computing techniques, including mathematical and statistical methods, econometrics and the use of econometric software to estimate models using actual economic data. Economic data and its appreciation.

To develop key mathematical and statistical techniques and their application to problems and data. 

Learning outcomes:

• Relevant quantitative techniques, including mathematical and statistical methods.
• Mathematical methods for economics.
• Statistical methods for economics.
• The nature, sources and uses of quantitative data and an ability to select and apply appropriate methods that economists might use to analyse such data.

1. To introduce students to the theories and practices of business ethics and sustainability in national and global contexts.
2. To sensitise students to the network of stakeholders who affect, and are affected by, business practices. To elucidate how specific business contexts shape and constrain responsible management decision-making therein.

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The management of the supply chain.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives on the economic, social and environmental conditions of the future.
• The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues.
• The design, development of organisations, including cross-cultural issues, change, diversity and values.

To develop an understanding of the processes and influences involved in economic policymaking in the United Kingdom, using a public choice framework. To develop an understanding of the main issues relating to the regulation of industries and to apply economic reasoning in a critical manner to regulated industries. 

Learning outcomes:

• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues.
• The applications of economics. To discover how to apply relevant economic principles and reasoning to a variety of applied topics, in particular in the fields of industrial organisation and managerial economics.
• Understanding of distinctive economic theories, interpretations and modelling approaches, and their competent use.

To familiarise students with the basic concepts and tools that have been developed for the analysis of firms and industries and to facilitate their application. To develop an understanding of the main issues relating to competition policy and to apply economic reasoning in a critical manner to competition policy cases.

Learning outcomes:

• The applications of economics. To discover how to apply relevant economic principles and reasoning to a variety of applied topics, in particular in the fields of industrial organisation and managerial economics.
• Understanding of distinctive economic theories, interpretations and modelling approaches, and their competent use.
• Economic policy with an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
• Ability to apply core economic theory and economic reasoning to applied topics.

To build upon the techniques for the analysis of firms in a game theoretic setting to analyse phenomena such as collusion, pricing tactics, strategic entry deterrence and technology adoption. 

Learning outcomes:

• The development, access and operation of markets for resources, goods and services.
• Ability to apply core economic theory and economic reasoning to applied topics.
• The applications of economics. To discover how to apply relevant economic principles and reasoning to a variety of applied topics, in particular in the fields of industrial organisation and managerial economics.
• Understanding of distinctive economic theories, interpretations and modelling approaches, and their competent use
• The applications of economics to design, guide and interpret commercial, economic, social and environmental policy.
  Mathematical methods for economics
• Economic principles and tools addressing the microeconomic issues of decision and choice
• Economic principles and tools addressing the microeconomic issues of the production and exchange of goods.
• Economic principles and tools addressing the microeconomic issues of the pricing and use of inputs.
• Economic principles and tools addressing the microeconomic issue of the interdependency of markets.
• Economic principles and tools addressing the microeconomic issue of economic welfare.
• Economic policy at the microeconomic level showing an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.

Strategy is the practice of how an organisation fits within its chosen environment to ensure sustainability, competitive advantage in the good times, and resilience in more challenging times.

You will develop strategic analyses both for the external competitive environment, and for the organisation’s internal resources and competences, establishing priorities for where and how to focus development resources.

Ever mindful of current and emerging global competition you will use creativity and nuance to make clear the organisation’s strategic purpose, giving clarity of role to key stakeholders, and ensuring transparent governance.

Experienced practitioners will share their successes and failures of developing and delivering business, societal, and international strategic interventions. You will learn from a dynamic blend of case studies, cutting-edge research insights, and guest speakers.