Programme Specification for the 2020/1 academic year

BSc (Hons) Economics with Econometrics

1. Programme Details

Programme name	BSc (Hons) Economics with Econometrics	Programme code	UFS3SBESBE04
Study mode(s)	Full Time	Academic year	2020/1
Campus(es)	Streatham (Exeter)	NQF Level of the Final Award	6 (Honours)

2. Description of the Programme

Modern economics covers a wide range of topics from inflation to the control of monopoly power, from the study of developing countries to the finance of multinational companies. Econometrics is the application of statistical concepts and methods to economics. Many topics coming under the general heading of econometrics are covered, including data analysis, estimation, model-fitting and testing of hypotheses, extended with special techniques for dealing with economic data. Econometrics is also relevant to a range of related problems in applied economics, including time series analysis, forecasting and policy simulation.

The BSc Economics with Econometrics degree includes core economics and econometrics modules in each of the three years, providing you with a high level of technical ability that will be useful in your future career in any field.

3. Educational Aims of the Programme

1. To provide an education intended to give students competence in economics, statistics and econometrics
2. To provide students with training in the principles of economics, statistics and econometrics
3. To encourage them to develop their intellectual capabilities within an institution that is committed to the advancement of research, scholarship and learning, and to the dissemination of knowledge.
4. To provide a high quality training across a range of areas of economics, statistics and econometrics with options in business and management
5. To inform the education by research and by national and international developments where appropriate
6. To provide training in subject-specific skills, preparing students for employment or future study.
7. To provide this education in a supportive environment where students are encouraged to develop confidence in their own powers of analysis and decision making.

4. Programme Structure

Your Economics and Econometrics programme is a three year programme of study at National Qualification Framework (NQF) level 6 (as confirmed against the FHEQ). This programme is divided into three ‘Stages’. Each Stage is normally equivalent to an academic year. The programme is also divided into units of study called ‘modules’ which are assigned a number of ‘credits’. The credit rating of a module is proportional to the total workload, with 1 credit being nominally equivalent to 10 hours of work.

5. Programme Modules

The following tables describe the programme and constituent modules. Constituent modules may be updated, deleted or replaced as a consequence of the annual programme review of this programme.

http://business-school.exeter.ac.uk/programmes/undergraduate/economics/ba_ee/programmestructure/

Available option modules for Business School programmes can be viewed via our Build a Degree application

Stage 1

Compulsory Modules

Code	Module	Credits	Non-condonable?
BEE1022	Introduction to Statistics	15	Yes
BEE1023	Introduction to Econometrics	15	Yes
BEE1024	Mathematics for Economists	15	Yes
BEE1036	Economics I	15	Yes
BEE1037	Economics II	15	Yes
BEE1032	History of Economic Thought	15	No

Optional Modules

30 credits of optional modules

Stage 2

Compulsory Modules

Code	Module	Credits	Non-condonable?
BEE2020	Introduction to Econometric Theory	15	Yes
BEE2025	Microeconomics II	30	Yes
BEE2026	Macroeconomics II	30	Yes
BEE2031	Econometrics	15	No

Optional Modules

30 credits of optional modules

Stage 3

Compulsory Modules

Code	Module	Credits	Non-condonable?
BEE3015	Econometric Analysis	30	No

Optional Modules

90 credits of optional modules

6. Programme Outcomes Linked to Teaching, Learning and Assessment Methods

Intended Learning Outcomes
A: Specialised Subject Skills and Knowledge

Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to:	Intended Learning Outcomes (ILOs) will be...
...accommodated and facilitated by the following learning and teaching activities (in/out of class):	...and evidenced by the following assessment methods:
1. Knowledge of the basic principles of economics, at both the microeconomic and macroeconomic level. 2. An appreciation of how these concepts can be used to understand the economic dimension of issues that arise at the level of individual, the organisation, or society as a whole. 3. Knowledge of basic statistical and econometric techniques 4. Specialist knowledge of econometric techniques and how to use these to investigate particular economic hypotheses	A1 is served by the core modules of both microeconomics (BEE2025) and macroeconomics (BEE1036, BEE1037 and BEE2026). A2 is served by a number of elective modules that build on tools and concepts studied in the core modules and apply these to various issues at the level of the individual, the organisation, and the society. Electives include, for example, modules in public economics, labour economics, political economy, industrial organisation, growth and development, and international trade. A3 will be covered by core modules in statistics and econometrics, such as BEE1022 and BEE2031. The theory covered in these modules will be used for various case studies in the elective modules. A4 is covered by BEE2020 and BEE3015 which are compulsory for students taking a degree in Economics and Econometrics. Teaching activities are as follows: In-class: Lectures, Tutorials, Help Hours, Computer Lab Tutorials Out-of Class: Office Hours, ELE activities, weekly readings, take-home formative assignments, group assignments.	These ILOs will be addressed via a number of different assessment methods, such as projects/exercises (formative and summative), essays (formative and summative), final examinations at the end of each term (summative), dissertation projects for applied economics (summative), in-class discussions (formative).

Intended Learning Outcomes (ILOs)
On successfully completing this programme you will be able to:

Intended Learning Outcomes (ILOs) will be...

...accommodated and facilitated by the following learning and teaching activities (in/out of class):

...and evidenced by the following assessment methods:

1. Knowledge of the basic principles of economics, at both the microeconomic and macroeconomic level.
2. An appreciation of how these concepts can be used to understand the economic dimension of issues that arise at the level of individual, the organisation, or society as a whole.
3. Knowledge of basic statistical and econometric techniques
4. Specialist knowledge of econometric techniques and how to use these to investigate particular economic hypotheses

A1 is served by the core modules of both microeconomics (BEE2025) and macroeconomics (BEE1036, BEE1037 and BEE2026).
A2 is served by a number of elective modules that build on tools and concepts studied in the core modules and apply these to various issues at the level of the individual, the organisation, and the society. Electives include, for example, modules in public economics, labour economics, political economy, industrial organisation, growth and development, and international trade.
A3 will be covered by core modules in statistics and econometrics, such as BEE1022 and BEE2031. The theory covered in these modules will be used for various case studies in the elective modules. A4 is covered by BEE2020 and BEE3015 which are compulsory for students taking a degree in Economics and Econometrics.

Teaching activities are as follows:

In-class: Lectures, Tutorials, Help Hours, Computer Lab Tutorials
Out-of Class: Office Hours, ELE activities, weekly readings, take-home formative assignments, group assignments.

These ILOs will be addressed via a number of different assessment methods, such as projects/exercises (formative and summative), essays (formative and summative), final examinations at the end of each term (summative), dissertation projects for applied economics (summative), in-class discussions (formative).

Intended Learning Outcomes
B: Academic Discipline Core Skills and Knowledge

Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to:	Intended Learning Outcomes (ILOs) will be...
...accommodated and facilitated by the following learning and teaching activities (in/out of class):	...and evidenced by the following assessment methods:
5. the ability to acquire and use data from a range of sources 6. the ability to evaluate evidence critically and synthesise a range of information 7. the effective use of IT techniques to solve problems.	B5 and B6 are addressed through all lectures. B7 is addressed by BEE2031 and BEE3015 Teaching activities are as follows: In-class: Lectures, Tutorials, Help Hours, Computer Lab Tutorials Out-of Class: Office Hours, ELE activities, weekly readings, take-home formative assignments, group assignments.	These ILOs will be addressed via a number of different assessment methods, such as projects/exercises (formative and summative), essays (formative and summative), final examinations at the end of each term (summative), dissertation projects for applied economics (summative), in-class discussions (formative).

Intended Learning Outcomes (ILOs)
On successfully completing this programme you will be able to:

Intended Learning Outcomes (ILOs) will be...

...accommodated and facilitated by the following learning and teaching activities (in/out of class):

...and evidenced by the following assessment methods:

5. the ability to acquire and use data from a range of sources
6. the ability to evaluate evidence critically and synthesise a range of information
7. the effective use of IT techniques to solve problems.

B5 and B6 are addressed through all lectures.
B7 is addressed by BEE2031 and BEE3015

Teaching activities are as follows:

In-class: Lectures, Tutorials, Help Hours, Computer Lab Tutorials
Out-of Class: Office Hours, ELE activities, weekly readings, take-home formative assignments, group assignments.

Intended Learning Outcomes
C: Personal/Transferable/Employment Skills and Knowledge

Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to:	Intended Learning Outcomes (ILOs) will be...
...accommodated and facilitated by the following learning and teaching activities (in/out of class):	...and evidenced by the following assessment methods:
8. A global outlook: Our graduates are engaged and prepared for the demands of global business and society. 9. A critical thinker: Our graduates have a commercial awareness that enables them to critically analyse, conceptualise and evaluate the challenges facing business. 10. A collaborative mind-set: Our graduates are enterprising and motivated individuals who are able to actively collaborate and effectively communicate within a range of diverse settings. 11. An ethical ethos: Our graduates understand the social, financial and environmental factors that can impact on corporate sustainability and are able to make decisions openly and responsibly. 12. Technological and digital literacy: Our graduates are able to use technologies to source, process and communicate information.		8. BEE1024 – Examination (ILOs 1-5) BEE1036 – Examinations (ILO 3), Virtual Macro economy (ILO 3) BEE2025 – Examinations (ILOs 1 and 2) BEE2026 – MCQ (ILOs 3 and 4), Examination (ILOs 3 and 4) BEE3015 – Examination (ILOs 3 and 4). Homework assignments (ILOs 3 and 4) 9. BEE1022 –Assignment (ILO 4), Bi-weekly tests (ILO4) BEE3015 – Homework assignments (ILO 5)

Intended Learning Outcomes (ILOs)
On successfully completing this programme you will be able to:

Intended Learning Outcomes (ILOs) will be...

...accommodated and facilitated by the following learning and teaching activities (in/out of class):

...and evidenced by the following assessment methods:

8. A global outlook: Our graduates are engaged and prepared for the demands of global business and society.
9. A critical thinker: Our graduates have a commercial awareness that enables them to critically analyse, conceptualise and evaluate the challenges facing business.
10. A collaborative mind-set: Our graduates are enterprising and motivated individuals who are able to actively collaborate and effectively communicate within a range of diverse settings.
11. An ethical ethos: Our graduates understand the social, financial and environmental factors that can impact on corporate sustainability and are able to make decisions openly and responsibly.
12. Technological and digital literacy: Our graduates are able to use technologies to source, process and communicate information.

8. BEE1024 – Examination (ILOs 1-5)

BEE1036 – Examinations (ILO 3), Virtual Macro economy (ILO 3)

BEE2025 – Examinations (ILOs 1 and 2)

BEE2026 – MCQ (ILOs 3 and 4), Examination (ILOs 3 and 4)

BEE3015 – Examination (ILOs 3 and 4). Homework assignments (ILOs 3 and 4)

9. BEE1022 –Assignment (ILO 4), Bi-weekly tests (ILO4)

BEE3015 – Homework assignments (ILO 5)

7. Programme Regulations

UG Programmes: Assessment at stage one does not contribute to the summative classification of the award. The award will normally be based on the degree mark formed from the credit weighted average marks for stages 2 and 3 combined in the ratio 1:2 respectively.

Classification

Full details of assessment regulations for all taught programmes can be found in the TQA Manual, specifically in the Credit and Qualifications Framework, and the Assessment, Progression and Awarding: Taught Programmes Handbook. Additional information, including Generic Marking Criteria, can be found in the Learning and Teaching Support Handbook.

8. College Support for Students and Students' Learning

Personal and Academic tutoring: It is University policy that all Colleges should have in place a system of academic and personal tutors. The role of academic tutors is to support you on individual modules; the role of personal tutors is to provide you with advice and support for the duration of the programme and extends to providing you with details of how to obtain support and guidance on personal difficulties such as accommodation, financial difficulties and sickness. You can also make an appointment to see individual teaching staff.

Student/Staff Liaison Committee enables students & staff to jointly participate in the management and review of the teaching and learning provision.

9. University Support for Students and Students' Learning

Please refer to the University Academic Policy and Standards guidelines regarding support for students and students' learning.

10. Admissions Criteria

Undergraduate applicants must satisfy the Undergraduate Admissions Policy of the University of Exeter.

Postgraduate applicants must satisfy the Postgraduate Admissions Policy of the University of Exeter.

Specific requirements required to enrol on this programme are available at the respective Undergraduate or Postgraduate Study Site webpages.

11. Regulation of Assessment and Academic Standards

Each academic programme in the University is subject to an agreed College assessment and marking strategy, underpinned by institution-wide assessment procedures.

The security of assessment and academic standards is further supported through the appointment of External Examiners for each programme. External Examiners have access to draft papers, course work and examination scripts. They are required to attend the Board of Examiners and to provide an annual report. Annual External Examiner reports are monitored at both College and University level. Their responsibilities are described in the University's code of practice. See the University's TQA Manual for details.

(http://as.exeter.ac.uk/support/admin/staff/qualityassuranceandmonitoring/tqamanual/fullcontents/)

12. Indicators of Quality and Standards

Certain programmes are subject to accreditation and/ or review by professional and statutory regulatory bodies (PSRBs).

13. Methods for Evaluating and Improving Quality and Standards

The University and its constituent Colleges draw on a range of data to review the quality of educational provision. The College documents the performance in each of its taught programmes, against a range of criteria on an annual basis through the Annual Programme Monitoring cycle:

Admissions, progression and completion data
In Year Analysis data
Previous monitoring report
Monitoring of core (and optional) modules
External examiner's reports and University and College responses (reported to SSLC)
Any Professional, Statutory and Regulatory Body/accrediting body or other external reports
Consultation with employers and former students
Staff evaluation
Student evaluation
Programme aims

Subject areas are reviewed every four years through a periodic subject review scheme that includes external contributions. (http://admin.exeter.ac.uk/academic/tls/tqa/Part%209/9JREVISEDPSRSCHEME.pdf)

14. Awarding Institution

University of Exeter

15. Lead College / Teaching Institution

University of Exeter Business School (UEBS)

16. Partner College / Institution

Partner College(s)

Not applicable to this programme

Partner Institution

Not applicable to this programme.

17. Programme Accredited / Validated by

18. Final Award

BSc (Hons) Economics with Econometrics

19. UCAS Code

L190

20. NQF Level of Final Award

6 (Honours)

21. Credit

CATS credits	360	ECTS credits	180

22. QAA Subject Benchmarking Group

[Honours] Economics

23. Dates

Origin Date	01/12/2011	Date of last revision	15/03/2018

Programme Specification for the 2020/1 academic year

BSc (Hons) Economics with Econometrics

1. Programme Details

2. Description of the Programme

3. Educational Aims of the Programme

4. Programme Structure

5. Programme Modules

Stage 1

Compulsory Modules

Optional Modules

Stage 2

Compulsory Modules

Optional Modules

Stage 3

Compulsory Modules

Optional Modules

6. Programme Outcomes Linked to Teaching, Learning and Assessment Methods

Intended Learning Outcomes A: Specialised Subject Skills and Knowledge

Intended Learning Outcomes B: Academic Discipline Core Skills and Knowledge

Intended Learning Outcomes C: Personal/Transferable/Employment Skills and Knowledge

7. Programme Regulations

8. College Support for Students and Students' Learning

9. University Support for Students and Students' Learning

10. Admissions Criteria

11. Regulation of Assessment and Academic Standards

12. Indicators of Quality and Standards

13. Methods for Evaluating and Improving Quality and Standards

14. Awarding Institution

15. Lead College / Teaching Institution

16. Partner College / Institution

Partner College(s)

Partner Institution

17. Programme Accredited / Validated by

18. Final Award

19. UCAS Code

20. NQF Level of Final Award

21. Credit

22. QAA Subject Benchmarking Group

23. Dates

Intended Learning Outcomes
A: Specialised Subject Skills and Knowledge

Intended Learning Outcomes
B: Academic Discipline Core Skills and Knowledge

Intended Learning Outcomes
C: Personal/Transferable/Employment Skills and Knowledge