BSc Economics & Econometrics
Economics is concerned with the production and distribution of wealth at both a micro (individual and market) and macro (national economy) level. Almost all issues of public and private policy involve economics, as do your own personal decisions. From the 'credit crunch' and recession to the housing market and interest rates, from unemployment and inflation to market competitiveness and industry outputs, economic forces play a key role in our daily lives. Due to the central role that economics plays in society and its function as a social science, it relates closely to - and overlaps with - a wide range of other subjects.
A degree in economics will see you touch on areas including business, politics, sociology and psychology. It provides you with analytical and technical skills, whilst also reinforcing your ability to think through a problem and arrive at an appropriate solution. As such, our undergraduate students are drawn from a range of subject backgrounds including Economics, Maths, Business Studies, Sciences and Information Technology.
This is a specialisation of the BSc Economics programme which concentrates on statistical and econometric methods in your final year. It provides an understanding of core economic theory and econometric methods, and how the two can be combined and used to address practical issues. A longer list of compulsory modules in the final year places the focus on forecasting and more advanced econometric theory. The programme is suited to people interested in databased economic modelling and the development and application of appropriate techniques to investigate economic behaviour, test economic theories and evaluate policy.