The modern business world is characterised by rapid change in the form of globalisation, technological advancements, and increased customer expectations. By studying our Economics course, you will have the opportunity to focus on the application of economics to situations related to commerce and enterprise.
This course will interest you if:
- You are looking for a career path that requires an understanding of the competitive environment in which companies work, the resources needed to succeed and where to allocate them to reach their objectives- something economists can help to provide.
- Looking for flexibility- all our Economics courses have a common first year. All first year students will study our Economics degree and then after successful completion of year one they will be given the choice of staying with Economics or moving to Business Economics or Financial Economics. This gives you the chance to experience and achieve a thorough grounding in economic concepts and principles, along with relevant quantitative techniques and skills, before you make your decision about which area you would like to specialise in, depending on your interests or potential future career aspirations.
- Wish to understand the financial world.
Why you should study this course
The Economics course offers an insight into the world of an Economist. By studying this course you will have the opportunity to:
- Learn from experienced staff who have worked as economic advisors, e.g. for Deutsche Bank in the Netherlands (please note staff are subject to change).
- Develop economic skills, while also being exposed to how businesses operate in widely different international markets.
- Gain hands-on experience using a range of economics and business software packages, such as Bloomberg.
- Benefit from faculty research expertise in exchange rate equilibria, international trade, foreign direct investment (FDI) and conflict economics.
- Opportunity to change course to either Economics BSc (Hons) or Financial Economics BSc (Hons) after successfully completing your first year, allowing you the opportunity to gain an understanding of the subject before confirming your specialism (course change is subject to Tier 4 compliance approval for international students).
- Expert contributions by professionals from industry (subject to availability) which in the past have included our own alumni, HM Treasury, Lloyds Bank, Barclays, and the European Commission.
- Join a student-led Economics Society who organised social events, visiting speakers and field trips which in the past have included a visit to Amsterdam to visit the stock exchange (opportunities are subject to availability, competitive application, meeting applicable visa and additional fees may apply).
- Develop skills in facilities which include our Trading Floor, currently one of the largest of its kind in Europe, featuring 42 dual screen Bloomberg terminals.
- Benefit from support offered for maths and stats through the university’s Sigma Centre, which offers drop-in sessions led by experienced staff (subject to availability).
- Opportunity to gain exemptions from professional examinations with the Chartered Insurance Institute (CII) , which could help you to progress your potential future career upon successful completion. Please see the Exemptions section.
How you’ll learn
We set out below the typical teaching contact hours that you will receive on this course. Teaching contact hours will vary in different semesters and years of study and may vary due to module selection. In addition to the contact hours below, we offer the opportunity to attend additional optional sessions, including sessions with the Faculty’s progress coaches, or to meet with staff during their advice and feedback hours.
Within your first and second year, you will have around 12 contact hours of teaching a week which includes:
- Medium group teaching: practical classes, seminars or workshops per week.
- Large group teaching: lectures each week.
In your final year, if you are undertaking a project/dissertation, there is a greater emphasis placed on independent study and therefore total contact hours may be reduced.
In addition, you will be expected to undertake a significant amount of studying and revising in your own time each week, including some guided study using for example, seminar exercises or online activities.
This course will be assessed using a variety of methods which will vary depending upon the module. Assessment methods include formal examinations, phase tests, essays, group work and presentations.
The Coventry University Group assessment strategy ensures that our courses are fairly assessed and allows us to monitor student progression towards the achieving the intended learning outcomes. Assessments may include exams, individual assignments or group work elements.
On successful completion, you will be able to:
- Critically evaluate modern economic theory and the empirical methods used by economists.
- Demonstrate knowledge of the workings of economic systems, both within the UK and the wider global economy, including the ability to interpret relevant data and evaluate government policies.
- Apply economic theories and empirical methods to real-world situations, by making appropriate use of data, abstraction, and logical reasoning in order to analyse economic events and issues.
- Communicate technical concepts related to economic analysis and policy debates to a diverse range of audiences.
- Examine issues of sustainability and ethics from an economic perspective, and critically appraise the ethical and sustainability implications of economic policy.
- Integrate issues of national economic policy and analysis into a global context, and hence appreciate the value of international cooperation.
- Use a range of transferable skills, such as: writing clear and concise reports based on evidence and logic; making effective use of information technology; confidently delivering presentations; creative problem solving, and self-motivation.
International experience opportunities
You will have the opportunity to take part in an overseas study trip, or a full year abroad.
In the past, our students have had the opportunity to visit universities in China and Malaysia to study alongside students, see how finance is taught internationally, appreciate the issues in different countries and broaden their perspectives.
Closer to home, you will have the opportunity to participate in European field trips* as part of the annual Tax Week initiative or the annual Audit Week, both of which are conducted in partnership with European universities, and see students work collaboratively on related projects.
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