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Study information

Programme Specification for the 2023/4 academic year

BSc (Hons) Economics

1. Programme Details

Programme nameBSc (Hons) Economics Programme codeUFS3SBESBE01
Study mode(s)Full Time
Modular
Academic year2023/4
Campus(es)Streatham (Exeter)
NQF Level of the Final Award6 (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. The BSc Economics degree programme reflects that breadth of interest in a flexible course designed to suit you if you wish to study a broad curriculum or to specialise in a particular area. The list of final year options is wide and choice may be widened still further by choosing one final year module from outside the Business School or by submitting a dissertation or business project in place of one of the options. Graduates enter a wide range of occupations, including economics, accountancy, business or academic careers.

No previous study of economics is required or assumed. If you possess an A level in Mathematics, you should be aware that there is a Single Honours programme in Economics with Econometrics. If you wish to study economics, but would prefer a lower mathematical content in the programme, you should consider BSc Business Economics.

3. Educational Aims of the Programme

1. To provide an education intended to give students competence in economics, statistics and econometrics.
2. To encourage students 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.
3. To give students a solid grounding in economic concepts and reasoning, while also providing a wide range of options which explore how these core principles can be applied to various areas.
4. To provide solid grounding in statistical and econometric analysis.
5. To inform the education by research and by national and international developments where appropriate.
6. To provide training in subject-specific skills to prepare students for further study or to directly enter the labour market.
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 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.

At the point of application or shortly after enrolling students may select a four-year version of this programme. We offer with European Study, with International Study, with Industrial Experience variants. In these cases Stage 3 outlined above becomes Stage 4, and Stage 3 is replaced with 120 credits of alternative work and assessment. 

With European Study students take the module BSD2003 in their second year as preparation for their year abroad. Students will then be enrolled on the module BUS3000 for their year abroad. This module brings together credits taken at a partner institution. Ordinarily students are expected to have a credit weighted average of 50% to be permitted to undertake study at a partner institution. 

With International Study students take the module BSD2004 in their second year as preparation for their year abroad. Students will then be enrolled on the module BUS3000 during their year abroad. This module brings together credits taken at a partner institution. Ordinarily students are expected to have a credit weighted average of 60% to be permitted to undertake study at a partner institution. 

With Industrial Experience students take the module BSD2002 n their second year as preparation for their year in industry. Students will then be enrolled on the module BUS3002 during their placement year. To progress from Stage 1 on this programme, students must achieve a weighted average of 50% in their first year, though some placements may require 60%. This programme has compulsory preparation sessions in the first two years.

5. Programme Modules

Stage 1


Compulsory Modules

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

Optional Modules

  • 30 credits of optional modules

Stage 2


Compulsory Modules

CodeModule Credits Non-condonable?
BEE2025 Microeconomics II 30Yes
BEE2026 Macroeconomics II 30Yes
BEE2031 Econometrics 15No

Optional Modules

  • 45 credits of optional modules

Stage 3


Optional Modules

  • 120 credits from the available optional modules of which at least 90 credits must be Economics BEE modules (to include BUS3001 if you decide to take this module).

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 the individual, the organisation, or society as a whole.
3. Knowledge of basic statistical and econometric techniques.
4. The ability to use these techniques to investigate particular economic hypotheses.

1. The two core modules of both micro (BEE1036, BEE1037 and BEE2025) and macro (BEE1036 and BEE1037 and BEE2026) will provide students with grounding on each of these levels.

2. The third year modules allow for concepts learnt in earlier stages of the programme to be applied to reality. Though BEE1037 uses a virtual macroeconomy to show students how theory can be put into practice.

3. Statistical knowledge is primarily gained through both BEE1022 and BEE2031, with the latter also providing students with grounding in econometrics.

4. This ILO will be addressed through the cumulative knowledge gained from all core lectures.

Teaching activities used within to address 1-4 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.

1-4 Final exam (summative); mid-term assignment (formative and summative); in-class discussion (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

5. This ILO will be addressed through all core lectures.

6. This ILO will be addressed through all core lectures.

Teaching activities used to address 5-6 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

5-6 Final exam (summative); mid-term assignment (formative and summative); in-class discussion (formative) 

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:

7. A global outlook: Our graduates are engaged and prepared for the demands of global business and society.
8. A critical thinker: Our graduates have a commercial awareness that enables them to critically analyse, conceptualise and evaluate the challenges facing business.
9. 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
10. 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.
11. Technological and digital literacy: Our graduates are able to use technologies to source, process and communicate information.

7.  BEE1036 Economics I and BEE1037 Economics II instructs students in open economy macroeconomics, which explores international economic interdependencies.

   BEE2026 Macroeconomics II requires Students to gain an understanding of exchange rates, why they change over time, what determines them, how to assess the economic prospects of countries. Any company in a global economy must deal with these issues.

8.  BEE1024 Mathematics for Economists introduces students to introduce models which are to be formulated, analysed and then confronted with real-world data.

   BEE1036 Economics I and BEE1037 Economics II require students to critically assess different policy proposals for managing the macro economy.

   BEE2025 Microeconomics II asks solve economic questions, especially those relating to policy issues. Students develop the ability to identify, present and explain standard theoretical economic models and apply them to analyses of economic questions and policy issues.

   BEE2026 Macroeconomics II asks students to critically assess different policy proposals for managing the macro-economy and present economic arguments for and against key macro-policy issues.

9.  BEE1032 History of Economic Thought asks student to work in groups.

11. BEE1022 Introduction to Statistics asks students to use statistical software to summarise and analyse data including Excel and Minitab.

8.  BEE1024 – Examination (ILOs 1-5)

    BEE1036 – Examination (ILO 3)

    BEE1037 – Examination (ILO 3), Virtual Macro economy (ILO 3)

    BEE2025 – Examinations (ILOs 1 and 2)

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

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

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

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

10. Admissions Criteria

11. Regulation of Assessment and Academic Standards

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

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

0

18. Final Award

BSc (Hons) Economics

19. UCAS Code

L100

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

03/04/2019