Business Economics

It sometimes seems that businesses and their managers are at the mercy of economic forces which they do not understand and cannot control; but professional managers, decision-makers and investors can form strategies based on a sound understanding of economic trends. The Business Economics degree focuses on the practical application of economic ideas, knowledge and methods, within the context of decision-making situations in Business.

Using real business statistics, rather than abstract mathematical formulae, this Buisness Economics degree will equip you with a coherent understanding of economics as an impact assessment tool in the commercial environment.

Here at Aberystwyth, you will study Business Economics in a Department, which:

• makes world-leading contributions to research and practice;
• combines traditional academic teaching with up-to-date training in the skills you will need for business;
• works with you as an individual to optimise your career opportunities;
• which is part of a University which, year after year, has one of the highest student satisfaction ratings in the UK country.

Business Economics Degree Year 1

No prior knowledge is assumed, so first year studying for your Business Economics degree is the grounding for all your future studies, laying stress on the basic principles of economics and the skills you need to become an economics practitioner. It also introduces you to the latest issues in economics: immensely topical in the light of global economic experience since 2008.

Core modules in Year 1 include:

• Principles of Economics
• Mathematics and Statistics for Economists;
• Hot Topics in Economics;

Business Economics Degree Years 2+3

In Years 2+3 you begin to use the foundation which has been laid in year 1, applying the principles and skills of an Economics practitioner to an understanding of large economics systems (macroeconomics) and the role of consumer choice (microeconomics). At the same time, you start to be introduced to a fuller understanding of the Business environment, in terms, for example, of Corporate Governance and Labour Relations.

Core subjects in Years 2+3 include:

• Macroeconomic Systems;
• Microeconomics: Consumers and Producers;
• Corporate Ethics and Labour Relations;
• Corporate Governance and Finance.

As your confidence and competence grow through years 2+3, you can increasingly choose further modules in topics which especially interest you, from a fantastic list of options.