BSc Business Economics (L111)

Course Code UNU1L111302
Duration 3 Years
Attendance Full Time
Award Degree of Bachelor of Science

Overview
Why Choose Us
Requirements
Course Profile
Fees and Funding
Apply

Overview

The BSc Business Economics degree course combines insights from economic science and managerial science. It is an ideal undergraduate programme if you want to understand how the economy works; if you are interested in management, motivation, leadership, and organisations; and if you already know now that you would like to pursue a career in business or management. Compulsory modules include those offered by the School of Economics and Norwich Business School.

Teaching, Assessment and Feedback

Teaching methods are designed to provide an in-depth knowledge of the subject, as well as developing the analytical, presentation, teamwork and communication skills sought by employers.

A typical undergraduate Economics module has two lectures and about one seminar per week. While lectures are attended by all students, seminars are held in smaller groups of 12-18 students to promote more student/teacher interaction. This will provide an opportunity for you to ask questions, discuss the economic issues the module deals with, and to give presentations on selected topics. Some seminars are in the form of computer lab sessions, and, in quantitative economics modules, students analyse economic data using statistical software packages.

Assessment for most Economics' modules is usually a combination of coursework and a May-June examination, although some modules have coursework only (sometimes in the form of a project). For coursework you might be asked to write 2 essays at different times during the semester, or to complete a home assignment which might involve computing work, or to engage in a group presentation. Our Economics Guide to Study Skills contains information on essay writing, seminar participation, examination skills, and curriculum vitae preparation.

Although all students are encouraged to work independently, we are happy to help students if there is a need for one-to-one tuition: you can drop in on the lecturer of each course module during his or her weekly office hours, or email him or her for assistance. There are a variety of channels designed to provide students with feedback on modules and the degree programmes - these include the Economics Staff Student Liaison Committee where any issue relating to the academic or social well-being of UEA Economics students can be raised.

Career Opportunities

Economics offers excellent career prospects. In a survey of recent economics graduates, 83% were in long-term full-time employment, and 15% were undertaking further vocational or academic study (eg MA, MBA, PhD). The University of East Anglia provides a professional Careers Centre and, together with the School's Academic Careers Adviser, we will help students to choose their career path and develop their employability skills.

Please click on the links below to view the career profiles of some of our recent Economics graduates:

Stine Larsen - Political Adviser to the International Trade Committee within the European Parliament

Christian Moppett - Entrepreneur and Project Manager at Universal Air Tool Company Limited

Robert Lamb - Postgraduate Student, University of York

Ricky Shin - Finance Operations Team Member, AXA

Eleanor Marcham - Research and Information Officer at the Economic Development Unit, Great Yarmouth Borough Council

Course Organiser

Dr Susan Long

Related Courses

Why Choose Us?

Thank you for showing an interest in Economics at the University of East Anglia. The School of Economics provides a wide range of Undergraduate degrees and I hope you will find something that interests you.

Whether you are interested in business, politics or simply how the world ticks, Economics is a wonderful discipline for understanding how individuals make choices: how those choices create markets, and how markets interact to create national and global economies. It also provides the essential understanding for how economic policies can be developed to improve social welfare.

You will find that we place a high priority on our teaching and we are proud of the learning experience offered at UEA. We continuously monitor course quality by obtaining written feedback from all our students on each module they take, we discuss and develop ideas with our staff-student liaison committee, and we hold a thorough review of our teaching each June.

You do not have to take my word for our commitment to teaching - there is plenty of external evidence to back this up. Students consistently rate our teaching and their overall satisfaction of the UEA student experience among the highest of Economics departments in the UK, including placing us 1st in two of the last five years (source: HEFCE, 2005-09). Quite separately, our syllabus, quality assurance systems and facilities are rated excellent by the Higher Education Quality Assurance Agency, scoring 23 out of a maximum 24 points.

One reason our teaching is at the forefront of knowledge is because of the original research we conduct here. For example, we have an internationally renowned research group on the economics of decision making, and our Centre for Competition Policy is the UK’s leading research group on this crucial dimension of business policy. You will have opportunities to find out more about such issues during your study here, particularly by your choice of optional modules.

If you are interested in studying here, please look around this website. We hope it will provide all the information you need, but please do contact us if you have any further queries. I hope you choose to study Economics at university, and I would be very pleased if you chose to study Economics at UEA. Whatever you choose, however, you have my very best wishes for your education and future career.

Campus Life at the University of East Anglia Professor Daniel Zizzo
Head of the School

Come and Visit Us

Our Open Days will give you the opportunity to experience the University of East Anglia's unique campus atmosphere. The next Undergraduate Open Days will be held on Saturday 23 June 2012 and Saturday 7 July 2012.

You will have the chance to attend subject-specific talks and presentations about student life and finance. You will also be able to talk directly to academics, admissions staff and current students giving you a first-hand impression of life at the University of East Anglia - check out the accommodation, learning resources, student support, and our sport and entertainment facilities.

In addition to the above we offer a Personal Visit option, available on specific Friday afternoons throughout the year. These include organised tours of the campus. We have also created a Virtual Open Day experience for you which we hope will help to provide you with an insight into life and study at the School of Economics.

Students who have been offered a place on one of our undergraduate programmes will be invited to attend one of our Visit Days.

Further Information

If you would like to discuss your individual circumstances with the Admissions Office prior to applying please do cont International students place a high value on their experience at the University of East Anglia.

International students place a high value on their experience at the University of East Anglia.

act us:

Admissions Office (Economics)
Tel: +44 (0)1603 593711 or 591902
Email: eco.ug.admiss@uea.ac.uk

Please click here to download the School of Economics Undergraduate Prospectus or register your details via our Online Enquiry Form.

International candidates are also actively encouraged to access the University's International section of our website.

Entry Requirements

Candidates will be expected to have 3 A levels (see below for typical offer). Please note: We do not accept A level General Studies as one of these.

For students without A level Mathematics, we offer a modified version of the "Introductory Mathematics for Economists" module in the first semester of the Year 1. There is a special non A level teaching track enabling students to start from a very basic level and learn the complete range of mathematical skills that are required later in the degree.

Candidates with equivalent qualifications to the A level requirement are encouraged to apply (eg International Baccalaureate; Access to Higher Education certificate). International candidates are also actively encouraged to access the University's International section of our website.

Students should also have 5 GCSEs including English (grade C) and Mathematics (grade B).

A Level ABB excluding General Studies
International Baccalaureate 32
Scottish Advanced Highers ABB (acceptable on its own or in combination with other qualifications)
Irish Leaving Certificate AABBBB
Access Course Pass with Distinction in 36 credits at level 3 and Merit in 9 credits at level 3
HND Please contact eco.admiss@uea.ac.uk for further information
European Baccalaureate 75%

Students for whom English is a foreign language

Applications from students whose first language is not English are welcome. We require evidence of proficiency in English (including writing, speaking, listening and reading). Recognised English Language qualifications include:

IELTS: 6.0 overall (minimum 5.5 in all components)
TOEFL: Internet-based score of 87 overall (minimum 21 in the listening and writing components; 22 in the reading component; and 23 in the speaking component)
PTE: PTE: 55 overall (minimum 51 in all components)

If you do not meet the University's entry requirements, our INTO Language Learning Centre offers a range of university preparation courses to help you develop the high level of academic and English skills necessary for successful undergraduate study.

If you do not meet the academic and or English requirements for direct entry our partner, INTO University of East Anglia offers guaranteed progression on to this undergraduate degree upon successful completion of a preparation programme. Depending on your interests, and your qualifications you can take a variety of routes to this degree:

International Foundation in Business and Economics
International Foundation in Computing with Business
International Diploma in Business Management and Economics
International Foundation in Humanities and Law

Interviews

Sometimes applicants are requested to attend an interview prior to being offered a place on the course. These are normally quite informal and provide the interviewer with the opportunity to find out more about your current studies, your reasons for choosing the course and your personal interests and the extra-curricular activities that you are involved in.

Intakes

The course begins in September each year.

Approximate annual intake of students: 30

Assessment

Key factors used to assess an application include:

Past and future achievement in examinations
Academic interest in the subject
Personal interests and extra-curricular activities
The reference

All applications are considered on their own individual merits.

Year 1
Year 2
Year 3

Year 1

Compulsory Study (120 credits)

Students will select 120 credits from the following module(s).

Name	Code	Credits	Period
Introduction to Business This module offers an introduction to business and its environment, providing the necessary background for subsequent honours modules in the business arena. It may also be taken as a stand-alone module by students seeking a general insight into the world of business. It considers a broad range of management disciplines and seeks to introduce skills necessary for future management career pathways. more...	NBS-1B1Y	20	Year Period
Introduction to Financial and Management Accounting This module provides a foundation in the theory and practice of accounting and an introduction to the role, context and language of financial reporting and management accounting. The module assumes no previous study of accounting. It may be taken as a stand alone course for those students following a more general management pathway or to provide a foundation to underpin subsequent specialist studies in accounting. more...	NBS-1A2Y	20	Year Period
Introductory Macroeconomics Introductory Macroeconomics is a module designed as an introduction to university-level macroeconomic analysis. In macroeconomics we examine the economy as a whole and will focus on topics including economic growth; the general price level and its rate of increase (inflation); exchange rates and the balance of payments; money and goods markets; monetary and fiscal policy; the relationship between unemployment and inflation. We will be introduced to macroeconomic models which will help us understand why measures such as lowering interest rates and quantitative easing have been introduced. more...	ECO-1A2Y	20	Year Period
Introductory Mathematics for Economists This module covers those mathematical techniques that are most relevant to the study of economics at university level. It will cover some of the material normally covered in a typical mathematics A-level course. It starts off at a very elementary level, and gradually progresses to a treatment of differential calculus. The focus will be on the mathematical techniques themselves and their economic applications. This will enable students to gain an understanding of the importance of mathematics in economics. more...	ECO-1A05	20	Semester 1
Introductory Microeconomics This is a year-long compulsory module for all ECO students. It may also be taken as an optional module by other students and is a prerequisite for later microeconomic modules. Topics to be covered include: what is economics, its scientific status; demand and supply analysis including elasticity concepts and tax incidence; costs and profit maximisation; perfect competition, monopoly, and monopolistic competition; game theory and oligopoly; factor markets; an introduction to welfare economics - market failure, public goods and externalities. There will be some simple applications of calculus to problems in microeconomics such as profit maximisation etc. more...	ECO-1A1Y	20	Year Period
Quantitative Methods This module provides an introduction to statistical techniques and methods of data analysis which are commonly applied in economics, and in other areas. Topics include: descriptive statistics, events and probability, Bayes' rule, permutations and combinations, expected value and variance, the normal distribution, the t- distribution and confidence intervals, hypothesis testing and an introduction to simple regression analysis. There is a strong practical element, with students engaging in statistical analysis of a range of problems using PASW Statistics 18. more...	ECO-1A06	20	Semester 2

Year 2

Compulsory Study (100 credits)

Students will select 100 credits from the following module(s).

Name	Code	Credits	Period
Economics for International Business In this module we develop our understanding of the international economy. We ask why countries trade, who benefits from trade, who it can harm and why politicians sometimes restrict free trade. We relate our insights to the current debate about globalization and issues such as the conflict between trade and the environment. more...	ECO-2A13	20	Semester 1
Methods of Economic Research An introduction to the subject of econometrics: the statistical methods that are applied in empirical work in economics. Topics covered are: simple regression, multiple regression, causes of, effects of and remedies for: misspecification, serial correlation, heteroscedasticity and multicollinearity and the use of dummy variables. There is a strong practical element, with students engaging in the econometric analysis of a variety of economic datasets using PASW Statistics 18. more...	ECO-2A06	20	Semester 2
Principles of Macroeconomics The primary aim of this module in intermediate macroeconomics is to provide a framework for the understanding of contemporary controversies about macroeconomic policy and performance, by focusing on the major theoretical models which underlie these debates. The module also aims to provide insight into topics such as unemployment, inflation and economic growth, as well as into policy issues such as stabilisation policy and central bank independence. The development, evaluation and application of theoretical models aids the acquisition of general analytic and reasoning skills, while the seminar programme encourages development of problem solving and communication skills. more...	ECO-2A05	20	Semester 1
Principles of Microeconomics This is a module in intermediate microeconomics. Topics include: consumer choice, market structure, game theory, market failure and welfare economics. This module aims to develop your understanding of key microeconomic models, to develop your skills in applying these models and to provide the framework for further study in Economics. more...	ECO-2A07	20	Semester 1
Strategic Thinking This module presents and explores different formal concepts of game theory. Game theory provides a framework to understand how people behave in the strategic situations arising whenever the welfare of any person depends on both his own choices and the decisions of others. There is an abundance of such situations in economics and in other social sciences. Examples include the interaction between firms in an industry; bargaining between the members of a family or between workers and employers in a firm; the decision of a country to attack another country or not; war against terrorism, etc. more...	ECO-2B04	20	Semester 2

Option A Study (20 credits)

Students will select 20 credits from the following module(s).

Name	Code	Credits	Period
Business and Company Law This module provides an introduction to contract and company law. It is designed primarily for students on Accounting related degrees who intend to pursue a career in the accountancy profession. The module should also be of interest to students contemplating a career in business or commerce. more...	NBS-2B2Y	20	Year Period
Business Finance This module sets out the basic principles of financial management and applies them to the main decisions faced by the financial manager. For example, it explains why the firm's owners would like the manager to increase firm value and shows how managers choose between investments that may pay off at different points of time or have different degrees of risk. Moreover, it discusses how companies raise the necessary funds to pay for these investments and why they might prefer a particular source of finance. Additionally, it provides a broad introduction to the financial landscape by describing the main features of financial markets, the major players operating within them, the role of financial institutions in the economy and how securities are traded and valued by investors. Overall, this module presents the tools of modern financial management in a consistent conceptual framework. more...	NBS-2F2Y	20	Year Period
Financial Accounting The general aim of the module is to study the theory and practice of financial accounting and reporting. This includes an examination of current and legal professional requirements as they relate to limited liability companies in the UK. Some international issues, for example in relation to the US and the European Union, are also considered. more...	NBS-2A1Y	20	Year Period
Principles of Marketing This module is concerned with the marketing function of an organisation. It seeks to develop awareness and understanding of marketing as an integrated business activity and focuses on the framework of theory which underpins an organisation's responses to market demand. In addition it considers examples of marketing programmes for a variety of organisational contexts. It is suitable for all UEA students and is a stand-alone module. more...	NBS-2M1Y	20	Year Period

Year 3

Compulsory Study (20 credits)

Students will select 20 credits from the following module(s).

Name	Code	Credits	Period
Industrial Organisation This module investigates the nature of the competitive process through a focus on the behaviour of firms. Industries are comprised of groups of firms supplying similar goods or services. But firms in a given industry do not operate in isolation from one another - so, what factors determine whether firms compete or collude? Also some firms spend heavily on advertising or R&D while others spend very little on these activities. What factors determine the behaviour of the firm, its size, and the scope of its activities? Why and how should government intervene in the competitive process? Competition issues are illustrated by real cases of the UK and EU. A distinctive feature of the module is the use of case studies in the seminars. more...	ECO-3A11	20	Semester 1

Option A Study (20 credits)

Students will select 20 credits from the following module(s).

You may pick any of the modules that begin with:

ECO-3

Industrial Organisation This module investigates the nature of the competitive process through a focus on the behaviour of firms. Industries are comprised of groups of firms supplying similar goods or services. But firms in a given industry do not operate in isolation from one another - so, what factors determine whether firms compete or collude? Also some firms spend heavily on advertising or R&D while others spend very little on these activities. What factors determine the behaviour of the firm, its size, and the scope of its activities? Why and how should government intervene in the competitive process? Competition issues are illustrated by real cases of the UK and EU. A distinctive feature of the module is the use of case studies in the seminars. more...	ECO-3A11	20	Semester 1
Industrial Organisation (Cw) This is a coursework-only version of ECO-3A11 Industrial Organisation. more...	ECO-3A11C	20	Semester 1
Labour Economics (Cw) This is a coursework-only version of ECO-3A15 Labour Economics. more...	ECO-3A15C	20	Semester 1
Development Economics (Cw) This is a coursework-only version of ECO-3A09 Development Economics. more...	ECO-3A09C	20	Semester 1
Labour Economics This module uses the tools of economic analysis to examine the workings of the labour market. We consider a range of topics: why do people work, what is the impact of immigration on domestic labour markets, why do men earn more than women, is it worth joining a union, and what explanations does economics offer for persistent unemployment? Having looked at the relevant economic theory we use results from empirical studies to assess its heuristic value. Finally, we use international comparisons to discover the impact of labour market institutions and government. more...	ECO-3A15	20	Semester 1
Development Economics This module covers most of the central issues of concern for developing economies. It addresses the following sorts of questions: What is development? Does economic growth ensure human development? Why is child labour so prevalent in developing countries? How can a developing economy achieve structural transformation? Why is agricultural growth crucial for development? Can international trade provide growth opportunities to developing countries? more...	ECO-3A09	20	Semester 1
Topics in Economic Analysis This is an advanced and integrating module in economic theory. It covers a broad range of topics from microeconomics and macroeconomics, with an emphasis on modern developments in academic economics that are presently influential within the science or more broadly in public policy and debate. Topics from microeconomics might be expected to include auctions and market design; analyses of bargaining and cooperation; behavioural economics and the role of bounded rationality in economic interactions. From a macroeconomic perspective, we examine the contemporary macroeconomic debate about the role of macroeconomic policy. Should policy be governed by rules rather than discretion? What are the implications for the economy of the decision by the policy makers? We analyze this issue using game theory and macro economic models. more...	ECO-3B08	20	Semester 2
Topics in Economic Psychology This module builds on the foundation that was laid in the first year modules, Introductory Economic Psychology (ECO-1A07) and Economics and Society (ECO-1A08), and the second-year economics module, Principles of Microeconomics (ECO-2B07). We consider a number of issues in individual and group economic decision-making from a behavioural perspective. In individual choice, we consider behaviour in intertemporal decision-making, including exponential versus hyperbolic discounting, dynamic inconsistency, procrastination, and commitment. In the domain of group decisions, we look at how cooperation, trust, coordination, and competition affect group behaviour. We discuss the possible role of markets in alleviating or aggravating individual and group biases in decision-making, and explore the implications of these biases for welfare economics, including the arguments for and against designing mechanisms to nudge people to correct perceived errors in judgment. more...	ECO-3B10	20	Semester 2

Option B Study (40 credits)

Students will select 40 credits from the following module(s).

You may pick any of the modules that begin with:

ECO-2

Introductory Economic Psychology This module provides an introduction to the key concepts and findings from economic psychology and behavioural economics. Over the last several decades, studies of individual and small group decision-making in the field and laboratory have yielded insights into how accurately classical theories of the behaviour of economc agents capture the way humans make choices. We investigate how people evaluate decisions involving risk and uncertainty, including considerations of loss aversion, framing, and regret. Additionally, we investigate how people are motivated by the intentions and outcomes of others, including theories of fairness, reciprocity, alturism and spite. An especial focus of this module is an introduction to how economists use controlled laboratory experiments to investigate the relevance of these considerations, including "hand-on" experience in how to design and conduct an experiment and analyse the resulting data. THIS MODULE IS FOR NON ECONOMICS STUDENTS ONLY more...	ECO-2A09	20	Semester 1
The European Economy Coursework Only In the first part we consider the impact of increased economic integration on European markets, and on EU's competition policy. We then describe and analyse the European Monetary System and the European Central Bank. We shall pay particular attention to issues of central bank credibility and commitment. In the second part, we consider the role and conduct of trade and immigration policies. We then continue to analyze the Europe's exchange rate question. Afterwards we describe the consequences of the choice of an exchange rate regime on financial markets. more...	ECO-2A11C	20	Semester 1
The European Economy In the first part we consider the impact of increased economic integration on European markets, and on EU's competition policy. We then describe and analyse the European Monetary System and the European Central Bank. We shall pay particular attention to issues of central bank credibility and commitment. In the second part, we consider the role and conduct of trade and immigration policies. We then continue to analyze the Europe's exchange rate question. Afterwards we describe the consequences of the choice of an exchange rate regime on financial markets. more...	ECO-2A11	20	Semester 1
Public Choice STUDENTS WHO HAVE NOT DONE ALL THE REQUIRED PRE-REQUISITE MODULES SHOULD CONSULT THE MODULE ORGANISER BEFORE ENROLLING. This module examines various ways of thinking about social and political decision making. It examines the issue of whether the standard economic approach to rationality can ground an account of social choice. It also examines arguments both for the market and for various forms of political decision-making as mechanisms for determining social outcomes. A central issue here relates to the nature of human motivation and the question of whether individuals should be assumed to act on the same fundamental motivations in politics as in the market, or whether political decisions should be seen as the outcome of debate about the nature of the public interest. The module also examines the way in which social order emerges and the evaluation of social order and issues about markets and justice. more...	ECO-2A58	20	Semester 2
Principles for Corporate Strategy In this module we investigate the microeconomic principles that underpin corporate activity. We aim to model managerial decision making and thereby firm behaviour and the dynamics that shape the industries and markets of which the firms form part. A crucial feature of our models is strategic interaction: we assume that economic agents (managers, workers, firms) make decisions in the knowledge that the outcomes they obtain will depend also on the decisions of others. You will be encouraged not only to understand these strategic processes but also to recognise them at play in the corporate world around us. And you will learn how, in the light of these processes, economists have developed ways of analysing industries and markets in terms of their efficiency and potential for profit. more...	ECO-2A8Y	20	Year Period
The Economics of Film and TV (Cw) This is a coursework only version of ECO-2B09 The Economics of Film and TV. more...	ECO-2B09C	20	Semester 1
The Economics of Film and TV The module examines the economic underpinning of Film and Television production and the likely directions of these industries. What will happen to the quality of television programmes after the digital revolution? Why are movie stars paid such fabulous sums of money? Should the BBC continue to exist? And, if so, should it be funded by the licence fee? Why does Hollywood dominate the film industry? These are some of the questions addressed by the module. No previous knowledge of economics is assumed. more...	ECO-2B09	20	Semester 1
Mathematical Economics Coursework Only This module is a coursework only version of ECO-2A03 for visiting students only. more...	ECO-2A03C	20	Semester 1
Principles of Microeconomics This is a module in intermediate microeconomics. Topics include: consumer choice, market structure, game theory, market failure and welfare economics. This module aims to develop your understanding of key microeconomic models, to develop your skills in applying these models and to provide the framework for further study in Economics. more...	ECO-2A07	20	Semester 1
Principles of Macroeconomics Coursework Only This module is a coursework only version of ECO-2A05 for visiting students only. more...	ECO-2A05C	20	Semester 1
Principles of Macroeconomics The primary aim of this module in intermediate macroeconomics is to provide a framework for the understanding of contemporary controversies about macroeconomic policy and performance, by focusing on the major theoretical models which underlie these debates. The module also aims to provide insight into topics such as unemployment, inflation and economic growth, as well as into policy issues such as stabilisation policy and central bank independence. The development, evaluation and application of theoretical models aids the acquisition of general analytic and reasoning skills, while the seminar programme encourages development of problem solving and communication skills. more...	ECO-2A05	20	Semester 1
Principles of Microeconomics (Cw) This is a coursework only version of ECO-2A07 Principles of Microeconomics for visiting students only. more...	ECO-2A07C	20	Semester 1
Public Sector Economics This module explores the economic role of governments. Issues and controversies typically covered include the provision and financing of education and health, global warming, the future of social security, taxation and its economic impact, why markets fail, problems of collective decision-making, the economics of bureaucracy and regulation. An important feature of this module is that students have the opportunity to work in groups and explore a policy area of particular interest to them. more...	ECO-2B14	20	Semester 2
Macroeconomics, Institutions and Policies The first part of the module is an introduction to the political economy of institutions and development. We consider how the economy and its institutions affect human well being. We explore the link between institutions, and growth. The second part of the module looks at the labour markets and labour policies in Europe. We also look at the recent changes in the education policy in the UK." more...	ECO-2B08	20	Semester 2
Strategic Thinking This module presents and explores different formal concepts of game theory. Game theory provides a framework to understand how people behave in the strategic situations arising whenever the welfare of any person depends on both his own choices and the decisions of others. There is an abundance of such situations in economics and in other social sciences. Examples include the interaction between firms in an industry; bargaining between the members of a family or between workers and employers in a firm; the decision of a country to attack another country or not; war against terrorism, etc. more...	ECO-2B04	20	Semester 2
The Economics of Corporate Finance This module comprises two sections. The first section examines finance from an investor's perspective, highlighting aspects of portfolio diversification, asset pricing and the use of derivatives in financial markets. In the second section, we focus on corporate finance, examining corporate governance issues, how operations are funded (capital structure), and how firms return money to shareholders (payout policy). Particular emphasis is placed on the ability of students to synthesise empirical evidence from a variety of sources. more...	ECO-2A10	20	Semester 2
Economics for International Business In this module we develop our understanding of the international economy. We ask why countries trade, who benefits from trade, who it can harm and why politicians sometimes restrict free trade. We relate our insights to the current debate about globalization and issues such as the conflict between trade and the environment. more...	ECO-2A13	20	Semester 1
Economics and Society In this module we consider the following questions: What is people's motivation and behaviour when they make choices? What are the behavioural and cognitive biases, and non-economic considerations that influence people when they make important economic decisions? Do these biases justify government's intervention (nudges)? When is rational to follow the crowd? When can humans co-operate successfully? What do we mean by fairness? How should we measure happiness? What are the economic factors that determine people's happiness? What insights can recent research from the field of `behavioural economics' give? THIS MODULE IS FOR NON ECONOMICS STUDENTS ONLY more...	ECO-2A18	20	Semester 2
Mathematical Economics Students will be permitted to take this module only if they have attained a mark of at least 60% in ECO-1A03 (or an equivalent module) OR a mark of at least 70% in ECO-1A05 (or an equivalent module). The module provides an introduction to mathematical techniques for economists: linear algebra, vector spaces, matrices, eigenvalues and eigenvectors, implicit functions and comparative static analysis, quadratic forms and optimisation, applications in economics, input-output economics, integral calculus, first and higher differential equations, first and higher order difference equations, economic applications including growth models, diffusion of innovations, the cobweb theorem, models of the trade cycle. The module will be particularly useful for students intending to undertake postgraduate study in Economics. Please note that this module requires good mathematical aptitude and a willingness to work hard at solving the seminar problems and other problems. The only way to master the material in this module is to work through lots of examples on a regular basis. more...	ECO-2A03	20	Semester 1
Methods of Economic Research An introduction to the subject of econometrics: the statistical methods that are applied in empirical work in economics. Topics covered are: simple regression, multiple regression, causes of, effects of and remedies for: misspecification, serial correlation, heteroscedasticity and multicollinearity and the use of dummy variables. There is a strong practical element, with students engaging in the econometric analysis of a variety of economic datasets using PASW Statistics 18. more...	ECO-2A06	20	Semester 2

ECO-3

Industrial Organisation This module investigates the nature of the competitive process through a focus on the behaviour of firms. Industries are comprised of groups of firms supplying similar goods or services. But firms in a given industry do not operate in isolation from one another - so, what factors determine whether firms compete or collude? Also some firms spend heavily on advertising or R&D while others spend very little on these activities. What factors determine the behaviour of the firm, its size, and the scope of its activities? Why and how should government intervene in the competitive process? Competition issues are illustrated by real cases of the UK and EU. A distinctive feature of the module is the use of case studies in the seminars. more...	ECO-3A11	20	Semester 1
Industrial Organisation (Cw) This is a coursework-only version of ECO-3A11 Industrial Organisation. more...	ECO-3A11C	20	Semester 1
Labour Economics (Cw) This is a coursework-only version of ECO-3A15 Labour Economics. more...	ECO-3A15C	20	Semester 1
Development Economics (Cw) This is a coursework-only version of ECO-3A09 Development Economics. more...	ECO-3A09C	20	Semester 1
Labour Economics This module uses the tools of economic analysis to examine the workings of the labour market. We consider a range of topics: why do people work, what is the impact of immigration on domestic labour markets, why do men earn more than women, is it worth joining a union, and what explanations does economics offer for persistent unemployment? Having looked at the relevant economic theory we use results from empirical studies to assess its heuristic value. Finally, we use international comparisons to discover the impact of labour market institutions and government. more...	ECO-3A15	20	Semester 1
Development Economics This module covers most of the central issues of concern for developing economies. It addresses the following sorts of questions: What is development? Does economic growth ensure human development? Why is child labour so prevalent in developing countries? How can a developing economy achieve structural transformation? Why is agricultural growth crucial for development? Can international trade provide growth opportunities to developing countries? more...	ECO-3A09	20	Semester 1
Topics in Economic Analysis This is an advanced and integrating module in economic theory. It covers a broad range of topics from microeconomics and macroeconomics, with an emphasis on modern developments in academic economics that are presently influential within the science or more broadly in public policy and debate. Topics from microeconomics might be expected to include auctions and market design; analyses of bargaining and cooperation; behavioural economics and the role of bounded rationality in economic interactions. From a macroeconomic perspective, we examine the contemporary macroeconomic debate about the role of macroeconomic policy. Should policy be governed by rules rather than discretion? What are the implications for the economy of the decision by the policy makers? We analyze this issue using game theory and macro economic models. more...	ECO-3B08	20	Semester 2
Topics in Economic Psychology This module builds on the foundation that was laid in the first year modules, Introductory Economic Psychology (ECO-1A07) and Economics and Society (ECO-1A08), and the second-year economics module, Principles of Microeconomics (ECO-2B07). We consider a number of issues in individual and group economic decision-making from a behavioural perspective. In individual choice, we consider behaviour in intertemporal decision-making, including exponential versus hyperbolic discounting, dynamic inconsistency, procrastination, and commitment. In the domain of group decisions, we look at how cooperation, trust, coordination, and competition affect group behaviour. We discuss the possible role of markets in alleviating or aggravating individual and group biases in decision-making, and explore the implications of these biases for welfare economics, including the arguments for and against designing mechanisms to nudge people to correct perceived errors in judgment. more...	ECO-3B10	20	Semester 2

Free Choice Study (40 credits)

Students can select modules worth 40 credits from the course catalogue with the approval of their School.

Disclaimer

Whilst the University will make every effort to offer the modules listed, changes may sometimes be made arising from the annual monitoring, review and update of modules and regular (five-yearly) review of course programmes. Where this activity leads to significant (but not minor) changes to programmes and their constituent modules, there will normally be prior consultation of students and others. It is also possible that the University may not be able to offer a module for reasons outside of its control, such as the illness of a member of staff or sabbatical leave. Where this is the case, the University will endeavour to inform students.

Fees And Funding

University Fees and Financial Support: UK/EU Students

Further information on fees and funding for 2012 can be found here

University Fees and Financial Support: International Students

The University of East Anglia is charging International students £12,200 for all full-time School of Economics undergraduate programmes which start in 2012.

The University offers around £1 million of Scholarships each year to support International students in their studies. Scholarships are normally awarded to students on the basis of academic merit and are usually for the duration of the period of study.

Economics International Undergraduate Scholarships: All International undergraduate students who apply for the BA Business Economics course, for 1^st year of entry, will automatically be considered for a Scholarship on the basis of academic excellence.

These scholarships will be awarded to international students who are predicted ABB or above from 3 Academic A levels subjects (excluding general studies) or equivalent. If the applicant accepts the School of Economics offer as their firm choice and achieves the required grades, they will be awarded the scholarship for the duration of their course.

The value of the awards, which are available to those beginning the course in September 2012, will range from £1000 - £2,000, depending on academic qualifications, for example:

Scholarship (per year)	A Levels	International Baccalaureate (IB)
£2000 (per year)	AAA	IB34
£1500 (per year)	AAB	IB33
£1000 (per year)	ABB	IB32

Applicants studying alternative routes are still considered for Scholarships but are treated on an individual basis using the University’s agreed A Level equivalents.

Candidates do not need to complete a separate application form. Scholarships will be considered at the point of application and candidates will be provided further details when an offer is made.

Please click to access information about fees and funding for International students.

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