Name of Programme
BSc (Hons) Economics
Final Award
BSc (Econ) (Hons)
Location
Buckingham
Awarding Institution/Body
University Of Buckingham
Teaching Institution
University Of Buckingham
School of Study
School of Humanities and Social Sciences [Economics and International Studies]
Programme Code(s)
UBEF3SEC / Full Time / 3 Years
Professional Body Accreditation
Relevant Subject Benchmark Statement (SBS)
QAA SBS: Economics (2015)
Admission Criteria
A-level: BBB-BCC (or equivalent)
IB: 32-30 (or equivalent)
National Diploma: DMM
UCAS tariff: 112
Applicable Cohort(s)
Autumn 2022
FHEQ Level
6
UCAS Code
L10A
Summary of Programme
If you see yourself working as an advisor in a national or international agency, as a teacher or a journalist, or if you simply wish to keep your options open before going on to a career in business or the professions, the economics programme will be an attractive alternative. In this programme you have an enhanced opportunity of studying problems of economic policy. The problem of achieving macroeconomic and exchange rate stability has been of great importance to many countries in recent years for example, while microeconomic issues such as the allocation of resources to health or to raising environmental quality continue to figure prominently in public discussion. An economics degree gives you a perfect opportunity to study these issues. It also permits you to take modules in politics, law and the humanities so as to broaden your perspective further.
Educational Aims of the Programme
The excellent Collins English Dictionary defines Economics as ‘the social science concerned with the production and consumption of goods and services and the analysis of the commercial activities of a society.’ Other definitions have placed more emphasis on the study of rational behaviour and choice. The Economics programme aims to give students an appreciation of the subject matter of economics, and also to give a feeling for, and an understanding of, those presuppositions that underlie the subject.
Programme Outcomes

Knowledge and Understanding

To enable students to obtain knowledge and understanding of economics as defined above

Teaching/Learning Strategy

Explain the teaching and learning methods and strategies used to help students achieve each part of the knowledge and understanding

Learning and teaching strategies used to enable outcomes to be achieved and demonstrated: Lectures and small group seminars, plus interaction and dialogue with students on a one to one basis. Students are mainly examined by written examination, but in most courses there is an essay requirement of about 10-20% of the total. In addition, most courses require additional essays that are not part of the assessed marks.

These skills cannot, we believe, be communicated directly. They are acquired as part of the general learning process. Of particular importance is extensive reading, which we encourage and dialogue and interaction between students and staff. We consider that interaction between staff and students is essential in an effective degree programme.

Assessment Strategy

Explain the strategies used to assess the achievement of each part of the knowledge and understanding

The majority of courses are assessed by 3 hour written examinations at the end of the course. In addition there is usually course work, mainly written essays.

Students are expected to attend lectures and tutorials, although such attendance is not made part of the assessment. Typically, the final examination comprises 80-90% of total marks, while the essay makes up the remaining 10%-20%.
Programme Outcomes

Cognitive Skills

(a) perception – to improve knowledge of economic phenomena and processes
(b) intuition – to encourage ‘economic awareness’ in the appreciation of social phenomena. Students should appreciate arguments about the costs and benefits of economic activity; and the concept of opportunity cost (and understand its paradoxical nature). They should understand the nature of probabilistic thinking. This is not necessarily taught in courses on statistics, but by its nature relies on an intuitive understanding of the uncertain character of the world.
(c) reasoning – we aim to enable the students to think like economists – i.e. to reason rigorously in terms of cause and effect and to use both the methods of induction and deduction. Students should learn that economic thinking involves both simplification (e.g. thinking in terms of models, and utilising the ceteris paribus principle) and rigour.

Teaching/Learning Strategy

Explain the teaching and learning methods and strategies used to help students achieve each part of the cognitive skills

Lectures and tutorials. Some courses involve the use of computer simulations and others involve presentations.

Assessment Strategy

Explain the strategies used to assess the achievement of each part of the cognitive skills

The majority of courses are assessed by 3 hour written examinations at the end of the course. In addition there is usually course work, mainly written essays.

Students are expected to attend lectures and tutorials, although such attendance is not made part of the assessment. Typically, the final examination comprises 80-90% of total marks, while the essay makes up the remaining 10%-20%.
Programme Outcomes

Practical/Transferable Skills

Students should be able to justify an intellectual position within a group context, and argue that position against the criticisms of other students and members of staff. In many courses students are required to introduce a tutorial subject, for perhaps 10 to 15 minutes, and defend their position.
Practical skills The distinction between ‘practical’ and other skills is not wholly applicable in an academic degree programme of this sort. In this section we mention that students should acquire many of the numerical skills needed by the economist, including quantitative and statistical methods. Some courses, such as Microeconomic Theory, adopt a problem-centred approach in order to reinforce the more theoretical material presented by lecturers. Students are expected to be computer competent – to be able to use programs such as Office and so on. We also encourage students to learn an additional foreign language while at Buckingham.

The examinations enable us to evaluate the ability of students to sustain an intellectual argument and to marshall evidence. Performance in tutorials is also indicative of these skills.

Some examinations emphasise use of problem solving skills. Use of problem solving sheets in tutorials? A special computer course is arranged in the first year which all students are required to pass. Languages are taught through language laboratory work.

Teaching/Learning Strategy

Explain the teaching and learning methods and strategies used to help students achieve each part of the practical/transferable skills

The use of computers; submission of coursework; preparatory reading for tutorials

Assessment Strategy

Explain the strategies used to assess the achievement of each part of the practical/transferable skills

The majority of courses are assessed by 3 hour written examinations at the end of the course. In addition there is usually course work, mainly written essays.

Students are expected to attend lectures and tutorials, although such attendance is not made part of the assessment. Typically, the final examination comprises 80-90% of total marks, while the essay makes up the remaining 10%-20%.
External Reference Points
• Framework for Higher Education Qualifications (Link);
• Relevant Subject Benchmark Statement(s) (Link);
• Other (list)
Please note: This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if he/she takes full advantage of the learning opportunities that are provided. More detailed information on the learning outcomes, content and teaching, learning and assessment methods of each course unit/module can be found in the departmental or programme handbook. The accuracy of the information contained in this document is reviewed annually by the University of Buckingham and may be checked by the Quality Assurance Agency.
Date of Production
Revised Autumn 2021
Date approved by School Learning and Teaching Committee
Revised Autumn 2021
Date approved by School Board of Study
Revised Autumn 2021
Date approved by University Learning and Teaching Committee
Revised Autumn 2021
Date of Annual Review
In line with the university annual monitoring process

 

PROGRAMME STRUCTURES

BSc (Hons) Economics

UBEF3SEC / Full Time / September Entry
Term 1
Autumn
Principles of Macroeconomics [L4/15U] (HUFPMAC)
Introduction to Political Theory [L4/15U] (HUFINPT)
Preliminary 1 Examination
Term 2
Winter
Principles of Microeconomics [L4/15U] (HUFPMIC)
Quantitative Methods 1 [L4/15U] (BUFQUM1)
Introduction to Financial Accounting [L4/15U] (BUFITFA)
Term 3
Spring
Quantitative Methods 2 [L5/15U] (BUFQUM2)
Introduction to Management Accounting [L4/15U] (BUFITMA)
Free Choice - 15 units [L5/15U] (FREE115)
Preliminary 2 Examination
Term 4
Autumn
The Economics of Europe [L5/15U] (HUFEEUR)
Free Choice - 15 units [L6/15U] (FREE615)
Statistics for Business & Economics [L6/15U] (BUFSFBE)
Term 5
Winter
History of Economic Thought [L6/15U] (HUFHOET)
Regulation and Privatisation [L6/15U] (HUFREGP)
Term 6
Spring
Welfare Economics [L5/15U] (HUFWFEC)
Issues in Developing Economies and the MENA region [L6/15U] (HUFIDEM)
Economics of the Labour market [L6/15U] (HUFEOLM)
Part 1 Examination
Term 7
Autumn
Microeconomic Policy [L5/15U] (HUFMICP)
Macroeconomic Policy [L5/15U] (HUFMACP)
Behavioural Economics [L6/15U] (HUFBEHE)
Term 8
Winter
Free Choice - 15 units [L6/15U] (FREE615) *
Industrial Organisation and Strategy [L6/15U] (HUFIOAS)
Term 9
Spring
Public Sector Economics [L6/15U] (HUFPSEC)
Free Choice - 15 units [L6/15U] (FREE615) *
Free Choice - 15 units [L6/15U] (FREE615) *
Part 2 Examination

* Language and Free Choice Subjects: Students may choose modules from the Language and Free Choice selection (to a maximum of 45 units). For the list of modules avaliable see Free Choice Section.


NOTE: A dissertation on an approved topic may be substituted for a written examination in ONE Part 2 elective with the approval of the lecturer concerned and the Head of Department.