The UK is the world’s prominent financial centre. Government figures show financial and insurance services contributed £126.9 billion. in gross value added (GVA) to the UK economy in 2014 – 8% of the UK’s total – with half of this accounted for in London.
This course aims to deepen your knowledge and understanding of the role of financial systems and markets play in our modern world, both here in the UK and within an international context. We will cover the determinants of the supply of money, the impact of interest rates, pricing strategies and how to manage risk and uncertainty on the stock market.
One of the largest Business Schools in Europe, Coventry is rated ‘excellent’ by Eduniversal and 6th best in the UK for Economics by the Guardian University Guide 2019. You can benefit from industry-standard facilities, including the largest academic trading floor in Europe. Our experienced teaching team aim to share their professional or research expertise, having worked for organisations such as the Financial Service Authority, run national training courses for the Economics Network and published in leading journals, including The International Journal of Economics and Business Research.
This degree is one of three pathways we offer in the field of economics; the others being Economics and Business Economics.
For greater flexibility, all of our Economics degrees have a common first year. 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’d like to specialise in, depending on your interests or career aspirations.
Why choose this course?
The ever-changing global economy makes headlines on a daily basis, shaping the world in which we live socially, politically and economically. Consequently, there is a strong demand in businesses throughout the world for economics experts who can contextualise a financial situation, spot opportunities for savings and profit or identify the root of financial problems.
This course, one of four pathways offered in the field of economics, covers current and topical issues in the UK and world economy, such as rebuilding the public’s trust in banking or the impact of the collapse of investment banks in the US on the rest of the world. You will have the opportunity to become adept in numeracy, IT and the use of statistical methods, developing advanced skills in problem solving and decision making.
A major strength of our course is its practical focus; you’ll have the chance to participate in skills development workshops with opportunities for direct involvement from the Government Economic Service (GES), including a mock assessment center specifically designed to familiarise you with the Civil Service Fast Stream application process, ideal for those considering a career in government.
Through regular use of online assessments and research workshops, we aim to ensure you are familiar with the key analytical techniques that economists use in practice, from statistical analysis to theoretical modelling, using bespoke economics tools like WinEcon, which was developed in conjunction with Coventry University.
You also have the opportunity to apply for a work placement, which in the past has seen students working for a wide range of organisations and companies, including the GES, PricewaterhouseCoopers (PwC), Barclays and the Bank of England.
International experience opportunities
If you opt to take a sandwich year, it is possible to spend a year studying or working abroad as part of your studies. We have links with institutions across Europe, Asia and America. Past students have studied applied economics at Zhejiang Gongshang University and California State University Long Beach.
We can also support you in finding an internship both here in the UK or abroad. Past students have gone to work in countries as far afield as China to teach English as a foreign language and Belgium to work for Toyota.
In addition to the financial sector, economics graduates are employed in a range of sectors and roles. They work in manufacturing, transport, communications, consulting, charitable organisations and public services such as the National Health Service (NHS).
Where our graduates work
Recent graduates from our economics courses have found employment in a wide variety of careers including PricewaterhouseCoopers (PwC), Bank of England, Government Economic Service (GES), Vodafone and HSBC. A number of our graduates have also gone on to postgraduate study and professional training, such as teaching.
In addition to the financial sector, economics graduates are employed in a range of sectors and roles.
They work in manufacturing, transport, communications, consulting, charitable organisations and public services such as the National Health Service (NHS).