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Undergraduate course

Economics BSc (Hons)

Gain an in-depth knowledge of economic principles along with the practical skills needed to succeed in the industry.

business management students in launchpad

This Economics BSc (Hons) course focuses on practical expertise. It will provide you with a firm understanding of the interaction of crime, fiscal and monetary policy, political issues, international constrains and role of happiness in economy. You will develop a solid knowledge of the foundations in econometrics modelling as well as other critical areas.

York campus

  • UCAS Code – L2N6 | With placement year L2N7
  • Duration – 3 years full-time
  • Start date – September 2020, September 2021
  • School – York Business School

Minimum Entry Requirements

    96 UCAS Tariff points

    3 GCSEs at grade C/4 or above (or equivalent) including English Language and Mathematics

Tuition Fees

    UK and EU 2020-21 £9,250 per year

    International 2020-21 £12,750 per year

York Business School

 

Course overview

Why choose this course:

  • Gain an in-depth knowledge of markets and economy. This programme is focused on developing practical skills needed for a career as an economist, consultant or policy advisor.
  • To enhance your CV, we fund your membership of the Royal Economic Society during your study. Membership increases your professional profile as a future economist and enables you to access competitions, grants, conferences, job market and symposiums.
  • We invite a range of high profile guest speakers. Our cooperation with businesses provides a great opportunity for networking, internships and work related experiences.
  • Field trips and real-life economic projects and live experiments embedded in the programme.
  • Opportunity to compete in economics competitions both within the University and on national and international scales.
  • Opportunity to qualify as a Microsoft Office Specialist.
  • Access to a range of specialist resources including, Financial Information Database (FAME) and Financial Times Interactive to support your learning and research.
  • Opportunity to take a placement year, giving you chance to gain experience while studying.

Year in industry

All of our business students have the option of adding in a year in industry and / or a semester of studying abroad with one of our partners to their course. A year in industry gives students fantastic experience and is attractive to potential employers. This normally takes place after the second year of the course and extends the course duration by one year (15% of the standard tuition fee is chargeable). Study Abroad normally takes place for a semester of the second year of the course and doesn’t extend the course duration as credits achieved abroad count towards your degree.

You don’t need to decide whether you would like to take either of these options until after you have started the course with us.

Course structure

Level 1

Modules

Compulsory modules:

Practising Responsible Business Behaviours

This module examines the nature of business enterprise and its relationship with wider society, seeking answers to the question: what does it mean for businesses to behave responsibly? In this debate we encounter ideas regarding stakeholder theory, the triple bottom line, corporate social responsibility, business ethics, the role of the state or of supra-national organisations and so on.

Principles of Applied Economics 

The module aims to provide knowledge and comprehension of the basic economic principles and techniques related to microeconomics and macroeconomics.

Perspectives on Economic Growth and Development

This module provides an introduction to key economic theories such as economic growth and chance to discuss their application to different countries. You will explore the factors underpinning economic growth such as labour, capital and technological changes and explain how they can contribute to economic growth and stability.

Developing Analysis Techniques

This module introduces essential quantitative methods for modelling and analysing financial data. In addition, statistics and probability concepts will be discussed and applied to various events. These theories will then be used to analyse practical situations.

Economic Policy and Practice

This module provides understanding of quantitative techniques and their usefulness in theoretical and applied economics with focus on developing a deeper understanding of modern macroeconomics.

Market Equilibrium and Market Failure

This module takes an unusual approach by explicitly considering, early in students’ careers, what is involved in making markets ‘work’ and some of the many circumstances in which they may ‘fail’. It is hoped that this will help students to gain a better understanding of the true usefulness of economics in the real world. 

All modules are worth 20 credits unless stated otherwise.

Level 2

Modules

Compulsory modules:

Econometrics Modelling

The skills of analysing economic and financial data are paramount for proper Financial and Investment Management. This module will give students the ability to discuss and apply econometric techniques to answer research questions using real world data. Emphasis will be placed on what econometric methods to use in different circumstances and how to interpret and evaluate the results of empirical analysis.

Labour Economics

This module explores factors that affect distribution of income, work, opportunities and inequality. We examine current changes in the labour market and the effectiveness of government policy focusing on data rather than theoretical models.

Research Methods

This module considers the use of quantitative and qualitative research methods in subject contexts, and allows students to develop skills in the collection, analysis and reporting of relevant data.

Controversies in International Trade

International trade is extremely controversial. It is claimed to be the engine of much worldwide economic prosperity. It is also blamed for inequality between and within countries and for the rise of populism and nationalism in some parts of the world, amongst other things. Either way, international trade and its surrounding controversies are inseparable from the contemporary business environment.

Optional modules:

Economics of Crime

Crime is an important economic issue for policy makers and government. This module explores various determinants of crime including poverty, education, employment as well as motivations for committing crimes all within the context of economics. This module discusses recent crime issues and examples of policy interventions to reduce crime as well as economic developments and investigates their impact on economy and crime levels.

Industrial Economics

This module is designed for students who are interested in understanding the issues that are present in everyday news: anti-competitive practices, the effect of market power on consumer welfare, incentives for product innovation, and the private and public effects of mergers.

Professional Placement

In this module, students begin their transition from university into the workplace. It is designed to develop skills, knowledge and understanding in a range of career-related personal, professional and key skill areas.

Business, Creativity and Opportunism Skills for the Workplace of Today

This module explores the fundamentals of entrepreneurship and intrapreneurship and the behaviour and skills required to identify and pursue opportunities. You will establish what the behaviours and skills are of an entrepreneur, define creativity and innovation, as well as ask why they are so important to entrepreneurs. We will explore idea generation and evaluation techniques and learn how to recognise enterprise opportunities.

All modules are worth 20 credits unless stated otherwise.

Level 3

Modules

Compulsory modules:

Research Investigation (40 credits) 

The aim of this module is to facilitate and express independent enquiry in a substantial piece of individual self-directed research work. This module provides students with the opportunity to plan and conduct a piece of research through individual and independent activity and to present their findings in using visual aids and in written academic format that meets professional standards. Students will develop research objectives, formulate appropriate methodologies, and apply problem solving and analytical skills in a business context of their choice. You will be able to choose between a traditional dissertation, an organisation-based project, a business research project and a business creation project.

Students have the opportunity to complete the investigation in the form of:

  • Traditional dissertation
  • Research report
  • Consultancy project
  • Business creation project

Experimental Economics

This module is to familiarise students with how experiments in economics are used and to illustrate their application to simple economic situations. Rather than relaying theoretical models, this module enables students to design and perform their own experiment in isolation.

Critical Economic Policy

This module builds on and applies previous learning in the Programme to critically examine economic policy issues of contemporary importance. In accordance with the rationale of the Programme this module takes an applied approach and makes use of both macroeconomic and microeconomic modelling as needed.

Economics of Happiness

This module draws on extensive interdisciplinary work that tries to identify the factors that affect happiness. Such factors go beyond the traditional measures of material welfare (such as income) and also focus on things such as relationships, religion, age, marriage, leisure, inequality, war, human rights, democracy, the natural environment, health, etc.

Beyond Economics: Understanding the Changing Global Economy

This module provides students with the opportunity to analyse and evaluate the bridge between politics and economics on an international level.

All modules are worth 20 credits unless stated otherwise.

Teaching & assessment

All modules are delivered utilising a range of teaching and learning strategies including lectures, seminars, guest speakers, tutorials, workshops and a range of events and learning activities.

Throughout the programme you will be introduced to a range of different teaching and learning strategies. This includes case-based learning, live projects and practice and enquiry based learning. This gives you the opportunity to develop creative and innovative solutions to problems.

As a university student, there is an expectation that you will develop from being a dependent learner to being an independent one. This means you are expected to undertake self-study and group learning. In year one you will be provided with guidance to progress your learning and self-development. By the time you get to year 3 it is hoped you will have developed greater autonomy and independence.

You will undertake a variety of assessments that include the use of written assignments (often in the form of reports), predominantly practical activities with some individual and group presentations, exams or tests. An essential part of the assessment is to encourage both learning and the development of skills as well as preparing you for the requirements of the workplace.

You will have the opportunity for study support including academic writing and research skills to enhance employability and career development in the field of Economics.

Entry Requirements

Qualifications

The minimum entry requirements for this course are:

96 UCAS Tariff points

3 GCSEs at grade C/4 or above (or equiavalent) including English Language and Mathematics 

Calculate your tariff points.

Foundation Year

This course is available with a foundation year. This option is ideal if you do not yet meet the minimum requirements for entry straight onto a degree course, or feel you are not quite ready for the transition to Higher Education. A foundation year prepares you for degree level study, giving you the confidence and skills needed to make the most of your course. Passing it guarantees you a place on this degree course the following academic year.

Foundation courses

International Students

If you are an international student you will need to show that your qualifications match our entry requirements. Information about international qualifications and entry requirements can be found on our international pages.

If your first language is not English you must show evidence of English language competence at IELTS level 6.0 (with no skill below 5.5) or equivalent.

International entry requirements

Advanced Entry

Considering transferring to join us in year 2 or 3 of our Business Courses?

Please see our Advanced Entry page for information on the courses available and how to apply.

Personal statements

Essential criteria

As well as a strong standard of written English, we also look for an interest and enthusiasm for the subject. This can be done in a variety of ways, either from an academic viewpoint, for example studying an economics related A Level, or through relevant work experience or placements.

Valued criteria

Candidates can demonstrate a real enthusiasm for the subject that goes beyond achieving good grades in exams. Examples of this include:

  • Career plans
  • Attending workshops or seminars related to the chosen subject area
  • Showing leadership and teamwork skills through project work or awards such as the Duke of Edinburgh or sports teams, theatre groups etc.
  • Experience of work

Canditates may also look to undertake professional qualifications such as accounting qualifications or CIPD.

Terms and conditions

Our terms and conditions, policies and procedures contain important information about studying at York St John University. These can be accessed through our Admissions webpages.

Fees and funding

To study for an undergraduate degree with us, you will need to pay tuition fees for your course. How much you pay depends on whether you live inside the UK or EU, or internationally (outside the UK/EU). Tuition fees may be subject to inflation in future years.

UK & EU 2020 entry

The tuition fee for 2020 entry onto this course is £9,250 per year for full time study.

This price applies to all UK/EU, Jersey, Guernsey and Isle of Man students.

You can find out more about funding your degree by visiting our funding opportunities page.

Funding Opportunities

Placement year funding

If you choose to take a placement year, and your course offers it, you can apply for the Tuition Fee and Maintenance Loan for your placement year. How much you are awarded is based on the type of placement being undertaken and whether it is a paid or unpaid placement. The tuition fee for your placement year will be reduced.

International (non-EU) 2020 entry

The tuition fee for 2020 entry to this course is £12,750 per year for full time study.

This price applies to all students living outside the UK/EU.

Due to immigration laws, if you are an international student on a Tier 4 visa, you must study full time. For more information about visa requirements and short-term study visas, please visit the International Visa and Immigration pages.

Find out more about funding your degree.

International Fees and Funding 

Additional costs and financial support

There may also be some additional costs to take into account throughout your studies, including the cost of accommodation.

Course-related costs

While studying for your degree, there may be additional costs related to your course. This may include purchasing personal equipment and stationery, books and optional field trips.

Study Abroad

For more information on tuition fee reductions and additional costs for studying abroad, please visit our study abroad pages.

Accommodation and living costs

View our accommodation pages for detailed information on accommodation and living costs.

Financial help and support

Our Funding Advice team are here to help you with your finances throughout your degree. They offer a personal service that can help you with funding your studies and budgeting for living expenses. 

All undergraduates receive financial support through the York St John Aspire card. Find out more about the Aspire scheme and how it can be used to help you purchase equipment you need for your course. 

Aspire Card

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