BSc (Hons) Economics with Econometrics

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).

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).

8. CONFIDENT COMMUNICATOR: Able to adapt and adjust both written and verbal communication styles, to meet the needs of diverse audiences.
9. INNOVATIVE PROBLEM-SOLVER: Able to confidently explore challenges from different perspectives, to creatively offer practical and timely solutions.
10. PROACTIVE COLLABORATOR: Able to actively build strong working relationships with others to have positive outcomes
11. DIGITALLY FLUENT: Able to embrace a variety of digital technologies to critically source, process and communicate information.
12. RESILIENT SELF-ADVOCATE: Able to develop self-awareness through a commitment to learning from experiences and taking responsibility for personal growth.
13. CRITICAL THINKER: Able to proactively analyse and evaluate information from a variety of sources to draw independent and well-founded conclusions.
14. GLOBALLY ENGAGED: Able to recognise diverse individual and cultural perspectives, in order to communicate on interconnected world issues and sustainable decisions

BEE1031 Macroeconomics 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.

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 requires 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 askes students to   critically assess different policy proposals for managing the macro-economy and present economic arguments for and against key macro-policy issues.

BEE3015 Econometric theory requires students to demonstrate a clear understanding of the mathematical and statistical background of applied economics and demonstrate the ability to critically assess, and carry out, empirical studies in economics.

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

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

BEE3015 Econometric theory asks students to use a computer for estimation and simulation exercise.

The ILOs in this section are met through a combination of assessment methods including examinations, coursework assignments, presentations, group work activity, and in class tests.