BSc Business Economics

BEE1025: Statistics for Business and Management

Summary:

This course will familiarize students with the rudiments of statistics. Students will learn basic concepts of probability and statistical inference, focusing on an intuitive approach to understanding concepts and methodologies. Students will be introduced to statistical and critical thinking, including descriptive statistics, probability, sampling distributions, interval estimation, and hypothesis testing.

Please also note that this module is not available to Maths students.

Additional Information:

Internationalisation

The content of this module is universal and applicable around the world. It includes international examples with real statistical data from countries such as China, India, Europe and the UK.

Employability

Knowledge of statistics is essential for any business or economics student, so this module provides students with a valuable theoretical and practical understanding of the subject, as well as weekly assignments that enable them to work consistently with continuity and discipline.

Sustainability

All of the lecture notes and tutorial sets are available on the ELE (Exeter Learning Environment).

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BEE1029: Economic Principles

This module introduces Economics and explores the main characteristics of economies using historical and cross-country comparisons across the major dimensions of economic performance (growth, inequality, stability). By taking the main economic actors and showing how they make decisions, the course covers behaviour in goods and labour markets, highlighting the role of the players of the game, and showing the sources of market successes and market failures. Behaviour of households and firms is analysed in the economy as a whole, along with that of fiscal and monetary policy makers.

The module consists of two semesters of teaching, each covering core theory and applications from the main course resources: CORE's The Economy, Society and Public Policy (Term 1), CORE's The Economy 2.0 Macroeconomics (Term 2) and CORE's Doing Economics (Term 2).

This course aims to provide students with a basic understanding of Economics, and to apply this way of thinking to real world problems. It aims to help students understand the world around them, become more astute participants in the Economy and Society and help them understand Economic Policy so that they can better judge the decisions affecting the allocation of their society's resources.

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BEM1027: The International Business Context

Businesses work across countries and there is a growing demand for business and management graduates with an international perspective, who are capable of operating effectively in a globalised world and across international boundaries and cultures. In this module you will learn how globalisation has brought about an increasing 'connectedness' of businesses, markets, people and information across countries.

The aim of this module is to equip you with a foundational understanding and awareness of business and management practice in the international context. It will engage you with both long standing and emerging research throughout the lecture programme, and it will develop your ability to critically analyse international business contexts, trends, issues and impacts.

Internationalisation

You will identify and appreciate the global opportunities and challenges that businesses face while taking a global perspective in their critical review process.

Employability

During this module, you will acquire confidence and skills in presenting, writing reports, conducting independent research, working in teams, managing conflicts, and working to deadlines.

Sustainability

This module will recognise and investigate sustainability related issues within the international context, and where relevant will reference the Module Convenor's own research as well as linking to Exeter's sustainability research groups.

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BEM1071: Discovering Management Theory

This module provides an introduction to organisations and their management. It introduces you to major elements of management theory, both historic and contemporary in nature. Through this module you will be exploring the future of management practice, and you will be engaged with key pieces of research emerging from the Business School.

This module is designed as a foundational element of the degree programme, upon which other content areas will build. As such there are no pre-or co-requisites for this module.

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BEE1024: Mathematics for Economists

Summary:

This module aims to make you familiar with those mathematical tools and methods which are used frequently in most economics courses and to show you how they are applied.

Additional Information:

Internationalisation

Mathematics is a global language, so the technical skills students acquire in this module can be used internationally.

Employability:

By solving statistical mathematical problems and exercises, students are equipped with practical problem-solving skills, theoretical skills, and an understanding of mathematical relationships. All of these are highly valuable to employers.

Sustainability

All of the resources for this module are available on the ELE (Exeter Learning Environment).

Economic problems are often expressed using mathematical models. Therefore we introduce models which are to be formulated, analysed and then confronted with real-world data. This module aims to make students familiar with those mathematical tools and methods which are used frequently in most economic modules and to demonstrate how they are applied.

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BEE1036: Economics I

This module provides the introduction to economics for undergraduates in the Department of Economics. It puts the student at the centre of pedagogy using learning materials and experiences attuned both to the societal problems that students care about and to how students acquire facility and confidence in using and communicating economics. Digital technology and interactive teaching methods will introduce students to an empirical discipline. Students will learn to use evidence from history, experiments and other data sources to test competing explanations and policies. It introduces the characteristics of economies using historical and cross-country comparisons across the major dimensions of economic performance (growth, inequality, stability). By taking the main economic actors and showing how they make decisions, the module covers behaviour in goods, labour and credit markets, highlighting the role of the rules of the game (institutions), and showing the sources of market successes and market failures. Behaviour of households and firms is analysed in the economy, along with that of fiscal and monetary policy makers.

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BEE1037: Economics II

This module continues to provide the introduction to economics for undergraduates started in the module Economics I. It introduces the characteristics of economies using historical and cross-country comparisons across the major dimensions of economic performance (growth, inequality, stability).

By taking the main economic actors and showing how they make decisions, the course covers behaviour in goods, labour and credit markets, highlighting the role of the rules of the game (institutions), and showing the sources of market successes and market failures. Behaviour of households and firms is analysed in the economy as a whole, along with that of fiscal and monetary policy makers .

This module aims to provide students with a basic understanding of economics, and to apply this way of thinking to real world problems. It aims to help students understand the world around them, become more astute participants in the Economy and Society and help them understand Economic Policy so that they can better judge the decisions affecting the allocation of their society's resources.

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BEE1035: Basic Quantitative Methods

This module aims to bring students without A level Mathematics at Grade B or above - (or equivalent) - up to a sufficient level to enable you to become familiar with those mathematical tools and methods which are used frequently in the economics programmes and modules. In particular, this module will show you how they are applied and you will be able to practice this in lectures and tutorials. This is a compulsory module for Business Economics and Economics and Politics students without A level or equivalent. Please check with the module convener if you are unsure whether you need to take this module. This module is only to be taken by first year students.

Additional Information:

Internationalisation:

Mathematics is a global language, so the technical skills students acquire in this module can be used internationally.

Employability:

By solving statistical mathematical problems and exercises, students are equipped with practical problem-solving skills, theoretical skills, and an understanding of mathematical relationships. All of these are highly valuable to employers.

Sustainability:

All of the resources for this module are available on the ELE (Exeter Learning Environment).

View an example full module specification

BEE2025: Microeconomics II

The module is designed to equip you with the key microeconomic principles necessary for the analysis of a range of basic economic problems and policies. The module builds on first-year microeconomics and aims to both deepen and widen your formal knowledge of economic theory and its application. It seeks, in particular, to increase your abilities to, independently, pose and solve economic questions, especially those relating to policy issues. It emphasizes the fundamental conceptual foundations in microeconomics and provides concrete examples of their applications.

Internationalisation

Microeconomics is relevant across countries as it is based on mathematical models,

Sustainability

All of the resources for this module are available on the ELE (Exeter learning Environment).

Employability

This module equips you with logical thinking, numeracy and writing skills, as well as an understanding and theoretical knowledge of economic issues. These help you think like economists, a quality highly valued by employers.

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BEE2038: Intermediate Microeconomics

The module is designed to equip you with the key principles necessary for the analysis of a range of basic economic problems and policies. It seeks to increase your abilities to, independently, pose and solve economic questions, especially those relating to policy issues.

This module emphasises the fundamental conceptual foundations in microeconomics and key tools of microeconomic analysis and provides concrete examples of their applications.

You will develop understanding of how decisions by consumers, firms and government are interlinked, and impact on the overall level of economic activity. Analysis of contemporary economic events will be a key feature of the module, enabling the procurement of skills to assess the likely trends in economic variables that will facilitate decision making.

Internationalisation

This module covers economics from a business and policy point of view and incorporates many international examples and the world economy.

Employability

You will gain an awareness of the economy and economic laws and the effects this has on the decision making, which is a key skill required by company managers.

You will improve your analytical, logical, quantitative, and communication skills. You will cultivate the ability to apply tools and approaches from the Economics discipline to real-world problems in business and government policy, and to communicate these approaches to non-specialists.

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BEE2026: Macroeconomics II

Summary:

The first term covers economic growth and develops a dynamic macroeconomic model from micro foundations, that is aggregate relationships are built up from microeconomic optimisation by representative agents, an important feature of modern macroeconomics. With this foundation, ideas are formalised further in the second term, before delving into more open economy macroeconomics.

The second term explores two core areas of modern macroeconomics: monetary policy and international macroeconomics. You will deepen your understanding about the role of monetary policy in the macroeconomy and study its limitations focusing particularly on the role of private sector expectations. You will also develop your knowledge of how international trade in goods and financial assets affects the macroeconomy and acts to widen the scope of policy decisions.

Internationalisation

This module takes a European and American perspective of macroeconomics, but these ideas are application even in developing countries. You will 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.

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BEE2039: Intermediate Macroeconomics

Summary:

The module is designed to equip you with the key principles necessary for the analysis of a range of basic economic problems and policies. It seeks, in particular, to increase your abilities to independently pose and solve economic questions, especially those relating to policy issues.

This module follows BEE2038 Intermediate Microeconomics and focuses on macroeconomic issues and aims to both deepen and widen your formal knowledge of economic theory and its application.

You will develop a better understanding of how decisions by consumers, firms and governments are interlinked, and impact on interest rates, exchange rates on the overall level of economic activity. Analysis of contemporary economic events will be a key feature of the module, enabling the procurement of skills to assess the likely trends in macroeconomic variables that will facilitate decision making.

Additional Information:

Internationalisation

This module covers economics from a business point of view and incorporates many international examples and the world economy.

Employability

You will gain an awareness of the economy and economic laws and the effects this has on the decision making, which is a key skill required by company managers.

External Engagement

You are encouraged to attend the open lectures from visiting speakers in the Business School.

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BUS3002: Business School Industrial Experience

Summary:

This module allows you to undertake and to learn from an extended work placement during the third year of a four-year With Industrial Experience WIE' programme. To progress to this module, you will have completed the employability modules BSD1002 and BSD2002 in your 1st and 2nd year, and will have secured a suitable (33 week minimum) placement which has been approved by the Business School.

Having developed the career management skills necessary for a competitive graduate labour market, this is an invaluable opportunity to put the theory learned into practice in the workplace and to focus on your professional skills development.

Throughout your 'industry' year, you will receive guidance from an academic 'WIE tutor' and the Careers team, who will support and encourage you to fully maximise the developmental opportunities provided by your work experiences. Your personal development will also be supported through the completion of an assessed placement 'WIE PORTFOLIO', submitted in stages as you advance through your placement year.

Additional Information:

Internationalisation

You can undertake a work placement in the UK or elsewhere in the world. Overseas placements will be considered on a case-by-case basis.

External Engagement

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BUS3000A: Year Abroad (Study and Work Placement)

This module is for undergraduate Business School students to study and work abroad in their 3rd of 4 years on the 'With Year Abroad' programme. With this module you can spend one semester studying at a European or non-European partner institution and 6 months' work placement abroad in a country of your choice.

An important element of international business is for you to understand the political, economic, and cultural differences between countries. By studying at another university and undergoing a work placement abroad as part of your degree programme, you will learn to think globally and come to understand how the world is interconnected through business. Adding an international component to your business degree, which may or not include learning of a foreign language, will make you more competitive in today's multicultural, global business environment. You will also have access to a range of modules, potentially in areas not offered at Exeter, taught in a different learning culture and therefore broadening your overall academic experience.

The module introduces you to the experience of academic study outside the UK, and, for some of you, a different language. It aims to challenge preconceptions and assumptions about higher education learning by exposing you to a different approach to academic study.

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BUS3000B: Year Abroad (Study)

This module is for undergraduate Business School students to study abroad in their 3rd of 4 years on the 'With Year Abroad' programme. With this module you can spend an academic year at one of the Business School's European partner institutions, a partner institution outside of Europe, or combine one semester study at a European and one semester at a non-European partner institution

An important element of international business is for you to understand the political, economic, and cultural differences between countries. By studying at another university as part of your degree programme, you will learn to think globally and come to understand how the world is interconnected through business. Adding an international component to your business degree, which may or not include learning of a foreign language, will make you more competitive in today's multicultural, global business environment. You will also have access to a range of modules, potentially in areas not offered at Exeter, taught in a different learning culture and therefore broadening your overall academic experience.

The module introduces you to the experience of academic study outside the UK, and, for some of you, a different language. It aims to challenge preconceptions and assumptions about higher education learning by exposing you to a different approach to academic study.

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BUS3000C: Year Abroad

This module is for undergraduate Business School students to work abroad in their 3rd of 4 years on the 'with Year Abroad' programme. To progress to this module, you would have completed BSD2005 and would have found a suitable placement abroad (outside of UK) for a minimum of 24 weeks and a maximum of 33 weeks.

An important element of international business is for you to understand the political, economic, and cultural differences between countries. By undergoing a work placement abroad as part of your degree programme, you will learn to think globally and come to understand how the world is interconnected through business. Adding an international component to your business degree, which may or may not include learning a foreign language, will make you more competitive in today's multicultural, global business environment.

The module assessment is designed to give you the opportunity to present and evaluate the knowledge and skills that you have developed and gained while on your year abroad work placement.

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