Programme Specification for the 2024/5 academic year

BSc (Hons) Economics with Industrial Experience

1. Programme Details

Programme name	BSc (Hons) Economics with Industrial Experience	Programme code	UFS4SBESBE11
Study mode(s)		Academic year	2024/5
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. 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

To provide an education intended to give students competence in economics, statistics and econometrics.
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.
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.
To provide solid grounding in statistical and econometric analysis.
To inform the education by research and by national and international developments where appropriate.
To provide training in subject-specific skills to prepare students for further study or to directly enter the labour market.
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 with Industrial Experience programme is a four year programme of study at National Qualification Framework (NQF) level 6 (as confirmed against the FHEQ). This programme is divided into four ‘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. Details of the modules currently offered may be obtained from the College web site

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

You may take Option Modules as long as any necessary prerequisites have been satisfied, where the timetable allows and if you have not already taken the module in question or an equivalent module. Descriptions of the individual modules are given in full on the College web site (http://business-school.exeter.ac.uk/programmes/undergraduate/modules/).

You may take Elective Modules up to 30 credits outside of the programme in the second and third stages of the programme, 15 in the first, as long as any necessary prerequisites have been satisfied, where the timetable allows and if you have not already taken the module in question or an equivalent module.

The fourth character of any module code signifies its NQF level, according to the following scheme:

Fourth Character	NQF level
1	4
2	5
3	6
M	7

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

Students take modules BSD1002 in their first year and BSD2002 in 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. This programme has compulsory preparation sessions in the first two years.

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
BEE1032	History of Economic Thought	15	No
BEE1037	Economics II	15	Yes
BSD1002	Introduction to 'With Industrial Experience'	0	No

Optional Modules

30 Credits

Stage 2

Compulsory Modules

Code	Module	Credits	Non-condonable?
BEE2025	Microeconomics II	30	Yes
BEE2026	Macroeconomics II	30	Yes
BEE2031	Econometrics	15	No
BSD2002	Career Management Skills for 'with Industrial Experience' Students	0	No

Optional Modules

45 Credits

Stage 3

Compulsory Modules

Code	Module	Credits	Non-condonable?
BUS3002	Business School Industrial Experience	120	Yes

Stage 4

Optional Modules

Electives (at least 90 credits of optional modules 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	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. 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. Statistical knowledge is primarily gained through both BEE1022 and BEE2031, with the latter also providing students with grounding in econometrics. 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); extended project (summative); mid-term assignment (formative and summative); in-class discussion (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 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

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.
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.
Statistical knowledge is primarily gained through both BEE1022 and BEE2031, with the latter also providing students with grounding in econometrics.
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); extended project (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 within 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); extended project (summative); mid-term assignment (formative and summative); in-class discussion (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.

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

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

Teaching activities used within 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); extended project (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. CONFIDENT COMMUNICATOR: Able to adapt and adjust both written and verbal communication styles, to meet the needs of diverse audiences. 8. INNOVATIVE PROBLEM-SOLVER: Able to confidently explore challenges from different perspectives, to creatively offer practical and timely solutions. 9. PROACTIVE COLLABORATOR: Able to actively build strong working relationships with others to have positive outcomes. 10. DIGITALLY FLUENT: Able to embrace a variety of digital technologies to critically source, process and communicate information. 11. RESILIENT SELF-ADVOCATE: Able to develop self-awareness through a commitment to learning from experiences and taking responsibility for personal growth. 12. CRITICAL THINKER: Able to proactively analyse and evaluate information from a variety of sources to draw independent and well-founded conclusions. 13. GLOBALLY ENGAGED: Able to recognise diverse individual and cultural perspectives, in order to communicate on interconnected world issues and sustainable decisions	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. 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 askes students to critically assess different policy proposals for managing the macro-economy and present economic arguments for and against key macro-policy issues. BEE1032 History of Economic Thought asks student to work in groups. BEE1022 Introduction to Statistics asks students to use statistical software to summarise and analyse data including Excel and Minitab.	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

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

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.

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

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

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

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

7. Programme Regulations

Full details of assessment regulations for UG programmes and PGT programmes assessment regulations can be found in the Teaching Quality Assurance Manual (TQA) on the University of Exeter website. Generic marking criteria are also published here.

Please see the Teaching and Quality Assurance Manual for further guidance.

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.

The Undergraduate Student Handbook can be accessed via ELE at the following address: http://vle.exeter.ac.uk/course/view.php?id=1647

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

18. Final Award

BSc (Hons) Economics with Industrial Experience

19. UCAS Code

L102

20. NQF Level of Final Award

6 (Honours)

21. Credit

CATS credits	480	ECTS credits	240

22. QAA Subject Benchmarking Group

[Honours] Economics

23. Dates

Origin Date		Date of last revision	6/9/19

Programme Specification for the 2024/5 academic year

BSc (Hons) Economics with Industrial Experience

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

Stage 4

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