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Faculty of Business, Law and Politics

Business Economics

UndergraduateBA (Hons)

Year of entry:
UCAS code: L112

What you'll study

Apply economic theory to the real business world. And learn the skills to succeed in a range of international organisations.

Besides the three-year option, there are more specialised versions of this course.

  • You can add a year’s work placement
  • You could study abroad for a year
  • A foundation year boosts your skills and knowledge if you don't quite meet our academic entry requirements

First year

All modules are subject to availability and this list may change at any time.

The course consists of 120 credits per year. Most modules are 20 credits, meaning you’ll study six modules each year. Some longer modules, such as a dissertation, are worth more (e.g. 40 credits). In these cases, you’ll study fewer modules - but the number of credits will always add up to 120.

Compulsory modules

Core and compulsory modules are fundamental to achieving the learning outcomes for your course and must be studied.

  • Accounting and Finance

    This module delivers essential basic accounting and finance knowledge. You'll study topics including measuring financial performance; analysing and interpreting financial statements; capital investment appraisal decisions; financing decisions; working capital management; cost behaviour; cost-volume-profit analysis; absorption costing; variance analysis and budgeting.

  • Marketing

    This module introduces you to core marketing theories and concepts such as segmentation, targeting and positioning, consumer behaviour, and marketing mix. You'll have the opportunity to apply your understanding of these different concepts in a real-life business project.

  • Principles of Economics 1

    This module provides an introduction to economics for specialists and non-specialists alike. You'll explore both microeconomics (the affairs of individual consumers, firms and governments) and macroeconomics (the study of the economy as a whole).

  • Techniques for Applied Economics 1

    Develop your understanding of basic mathematical and statistical techniques and their use in a number of economic applications. This includes environmental economics, transport economics, health economics, income distribution and international economics. You'll also look at academic skills such as referencing and selecting appropriate literature.

  • Techniques for Applied Economics 2

    This module demonstrates how mathematical modelling is crucial for the analysis of contemporary economics. You'll be introduced to statistical techniques that enable economic data to be rigorously summarised and analysed, developing basic skills in the use of Microsoft Excel software.

Optional modules

Optional modules let you tailor the course to your interests. Please note, the availability of optional modules can vary each trimester. And some modules may require prior study (taking an earlier module, for example).

  • World Economy

    This module provides an introduction to the world economy. You'll study the nature of, and change in, the world economy from an economic perspective complemented by a social, political and institutional understanding. You'll develop insights into key contemporary issues associated with international trade, international finance, regional groupings such as the European Community, climate change and others.

  • Financial Accounting

    This module will provide you with introductory accounting knowledge covering basic double entry book-keeping, preparation of a balance sheet, trading, and profit and loss accounting for a selection of trading entities.

  • Passport Languages

    The Passport Foreign Language scheme provides you with the opportunity to develop your language skills. You can join a module to learn a new foreign language or to improve your existing language skills and intercultural competence. Languages include French, German, Spanish, Italian, Dutch, Chinese, Japanese and Russian.

Business economists have to identify and focus on the most important aspects of a question under pressure. These skills are best tested in formal timed examinations which play a major role in this programme. You are also assessed through tests, essays, reports and assignments.

Second year

All modules are subject to availability and this list may change at any time.

The course consists of 120 credits per year. Most modules are 20 credits, meaning you’ll study six modules each year. Some longer modules, such as a dissertation, are worth more (e.g. 40 credits). In these cases, you’ll study fewer modules - but the number of credits will always add up to 120.

Compulsory modules

Core and compulsory modules are fundamental to achieving the learning outcomes for your course and must be studied.

  • Microeconomics

    Microeconomics is the area of economics which studies the behaviour and interaction of economic agents, such as individuals, households, firms and the government. This module advances basic knowledge of microeconomics towards an ability to understand and explain concepts and models of behaviour at an intermediate level, covering consumer behaviour, the theory of the firm and market structure.

  • Macroeconomics

    You will develop an understanding of how variables, such as inflation, employment and production, interact in order to define the economic performance of a nation. You'll be able to identify the results of specific public policy actions in terms of monetary and fiscal policy, discussing and analysing the economics and politics of different nations.

  • Research Methods

    This module offers the exciting opportunity to prepare and undertake a small action research project. It will introduce you to research methodology, the need for ethical approval, how to find and analyse data and how to use literature to support the formulation of a research question. The module will also help you to become better critical readers of others’ research.

One elective from:

Optional modules let you tailor the course to your interests. Please note, the availability of optional modules can vary each trimester. And some modules may require prior study (taking an earlier module, for example).

  • Responsible Business in Society

    Examine the challenges to business practice from the social and environmental responsibility agenda. You'll explore concepts like responsible business, corporate social responsibility, business ethics and sustainable development. And you'll learn to understand them in a global context.

  • European Business

  • Procurement and Supply Chain Operations

    This module explains how procurement ensures the effective supply of the materials that businesses need. Core concepts include managing business relationships, planning operations and problem solving.

One elective from:

Optional modules let you tailor the course to your interests. Please note, the availability of optional modules can vary each trimester. And some modules may require prior study (taking an earlier module, for example).

  • Organisational Management

    You will explore different approaches to organisational management and be given the opportunity to integrate theory and practice. You'll consider a variety of organising practices, the assumptions that underpin them, ranging from the highly mechanistic to more holistic, systemic perspectives, and the outcomes achieved in complex, dynamic operating environments.

  • Decision Making for Managers

    You will explore decision making and a range of factors that can impact upon decision makers in organisational settings. You'll consider the potential for decision making to be compromised by, amongst other things, bias and overly narrow consideration of complex situations, as well as looking at ways to improve the effectiveness of decision making.

  • Supply Chain Information Management and Big Data

    This module discusses the role that information management and big data can play for the supply chain. It will introduce you to the use of qualitative and quantitative methods for big data, text mining and social media mining analysis.

  • Passport Languages

    The Passport Foreign Language scheme provides you with the opportunity to develop your language skills. You can join a module to learn a new foreign language or to improve your existing language skills and intercultural competence. Languages include French, German, Spanish, Italian, Dutch, Chinese, Japanese and Russian.

Optional modules

Optional modules let you tailor the course to your interests. Please note, the availability of optional modules can vary each trimester. And some modules may require prior study (taking an earlier module, for example).

  • Development Economics

    The focus of this module is on developing countries and their opportunities for, and constraints to, economic development. You'll be introduced to the role of economics in understanding the nature and processes of economic development, and explore prominent contemporary economic issues faced by developing countries.

  • Summer School

    Broaden your experience in an international setting and study in one of our partner institutions for up to three weeks over the summer. This module can count towards your degree.

Final year

All modules are subject to availability and this list may change at any time.

The course consists of 120 credits per year. Most modules are 20 credits, meaning you’ll study six modules each year. Some longer modules, such as a dissertation, are worth more (e.g. 40 credits). In these cases, you’ll study fewer modules - but the number of credits will always add up to 120.

Core modules

Core and compulsory modules are fundamental to achieving the learning outcomes for your course and must be studied.

  • Advanced Business Economics

    Examine how economics can be applied to issues of current concern to business. Explore how governments deal with the problems of monopoly, the consequences of imperfect information and uncertainty.

  • Labour Economics

    This module takes an analytical look at fundamental themes and issues in modern labour economics. Labour economics spans both microeconomics and macroeconomics, but you'll focus more on microeconomic issues such as those addressed by the income-leisure model.

  • Applied Business Economics

    Building on the knowledge gained from previous modules, you'll analyse the decisions of firms and their effects on society. The topics covered may vary from year to year and might include price discrimination, imperfect competition, advertising, innovation, and network externalities.

  • Economics of Government

    In many countries, the state's share of spending is more than 30 per cent. This module explores how governments decide on their spending and how they raise the money to pay for it.

  • Dissertation or Research Project

Optional modules

Optional modules let you tailor the course to your interests. Please note, the availability of optional modules can vary each trimester. And some modules may require prior study (taking an earlier module, for example).

  • Management Consulting

    You will be introduced to management consulting and a range of tools and techniques used in consulting projects. You'll also get plenty of opportunities to apply these in a number of team-based activities.

"The curriculum that's offered at Hull was something that definitely accommodated my skills."

Samantha Marimo Watch Video

"Hull ticked all of the boxes for me, so I didn't look any further."

Augustine Kadare

More about this course

Studying business economics at Hull enables you to develop ways of thinking and a skill set that'll make you valuable to a range of employers. You'll study in a business school which has international accreditation from AACSB (held by fewer than 5% of business programmes worldwide).

  • Past graduates include Jeremy Darroch (Chief Executive of Sky) and Muhtar Kent (Chairman of Coca-Cola).
  • We have an established track record of graduates going on to work for the likes of JP Morgan, Rothschild, Rolls-Royce, the Home Office and BP.
  • Study under research-active academics with expertise in areas from labour economics and applied microeconomics to international economics and macroeconomics.

Our business economics degrees still have economic principles at their core, but examine their impact on business and the public sector. You’ll learn how economic decision making affects organisations and how such analysis adds value.

Teaching and learning

Throughout your degree, you’re expected to study for 1,200 hours per year. That’s based on 200 hours per 20 credit module. And it includes scheduled hours, time spent on placement and independent study. How this time’s divided among each of these varies each year and depends on the course and modules you study.

Scheduled hours typically include lectures, seminars, tutorials, workshops, and supervised laboratory and studio sessions. The types of scheduled lessons you’ll have depend on the course you study.

Placement hours typically include time spent on a work placement, studying abroad, or field trips.

Independent study is the time outside your scheduled timetable, where you’ll be expected to study independently. This typically involves coursework, assignments, reading, preparing presentations and exam revision.

Assessment
Written
Practical
Coursework

First year

58%

8%

34%

Second year

54%

13%

33%

Final year

45%

2%

53%


Written assessment typically includes exams and multiple choice tests.

Practical is an assessment of your skills and competencies. This could include presentations, school experience, work experience or laboratory work.

Coursework typically includes essays, written assignments, dissertations, research projects or producing a portfolio of your work.

Our teaching staff

Where you'll study

The location below may not be the exact location of all modules on your timetable. The buildings you'll be taught in can vary each year and depend on the modules you study.

Click to view on Google Maps
Hull Campus

Click to view directions on Google Maps

Our graduates go on to successful careers with illustrious organisations such as J P Morgan, Rolls-Royce, The Home Office, Rothschild and BP.

With over 90 years of experience, Hull has a long-established reputation for Economics.

Learn with state-of-the-art business software in our inspiring Grade II listed buildings.

Study abroad and gain valuable and life-enriching experience as part of your degree.

Find out more

Placements with sector-leading companies such as Siemens help you develop confidence and valuable career skills. Find out how from students Josh and Sam.

Watch now

Entry requirements

2019 Tariff points: 112 points. Points can be from any qualification on the UCAS tariff, but must include at least 80 points from 

  • A levels
  • BTEC Subsidiary Diploma, Diploma or Extended Diploma
  • OCR Cambridge Technical Introductory Diploma, Diploma or Extended Diploma
  • CACHE Diploma or Extended Diploma
  • Irish Leaving Certificate
  • Scottish Highers
  • Welsh Baccalaureate Advanced Diploma
  • or a combination of appropriate Level 3 qualifications 

UCAS has changed the way that qualifications earn points under the Tariff system. Please click here to work out your estimated points and to find out more about how the University of Hull considers qualifications.

  • Applicants should have GCSE Maths at Grade 4 or C, or Level 2 Functional Skills in Maths

Alternative qualifications

  • IB Diploma: 28 points
  • Access to HE Diploma: pass with minimum of 15 credits at distinction and 15 credits at merit

We welcome applicants with a range of qualifications from the UK and worldwide which may not exactly match the combinations shown above. Please contact the University’s Admissions Service for individual guidance.

International students

If you require a Tier 4 student visa to study or if your first language is not English you will be required to provide acceptable evidence of your English language proficiency level.

This course requires academic IELTS 6.0 overall, with no less than 5.5 in each skill. For other English language proficiency qualifications acceptable by this University, please click here.

If your English currently does not reach the University's required standard for this programme, you may be interested in one of our English language courses.

Visit your country page to find out more about our entry requirements.

Fees and funding

  • Home/EU: £9,250 per year*
  • International: £14,000 per year

*The amount you pay may increase each year, in line with inflation - but capped to the Retail Price Index (RPI).

UK and EU students can take out a tuition fee loan to cover the cost of their course, and UK students can take out a maintenance loan of up to £8,700 to cover living costs.

Substantial discounts are available for International students.  

More information on fees can be found in the Money section of the website.

Additional costs

Your tuition fees will cover most costs associated with your programme (including registration, tuition, supervision, assessment and examination).

There are some extra costs that you might have to pay, or choose to pay, depending on your programme of study and the decisions you make. The list below has some examples, and any extra costs will vary.

  • Books (you’ll have access to books from your module reading lists in the library, but you may want to buy your own copies
  • Optional field trips
  • Study abroad (including travel costs, accommodation, visas, immunisation)
  • Placement costs (including travel costs and accommodation)
  • Student visas (international students)
  • Laptop (you’ll have access to laptops and PC’s on campus, but you may want to buy your own)
  • Printing and photocopying
  • Professional-body membership
  • Graduation (gown hire and photography)

Remember, you’ll still need to take into account your living costs. This could include accommodation, travel and food – to name just a few. 

Future prospects

Graduates will be well placed to enter the Government Economic Service, especially in the more business-facing departments of government. They'll also be well qualified for positions in economic consultancies or trade and representative bodies such as the CBI, as well as in industry and commerce.

Most graduates are likely to gain employment in positions where their degree knowledge is valuable but not essential. So all sectors of the economy are potentially available (including self employment). Examples of firms which have taken on our recent graduates are Hull Trains, RWE, Npower, IBM, Young’s Seafood, BAE Systems, Deutsche Börse Group and Airbus.

A significant number of graduates are likely to progress to further study (most likely a one-year Masters degree) before seeking employment.

Our dedicated Centre for Professional Success will connect you with businesses and keep you up to date with relevant work placements, company projects and job opportunities and skills to help give you the edge in the employment market.

Our free Alumni Connect scheme is open to all graduates and provides a wide range of career resources, online events and country-specific recruitment guides, all designed to enhance your career long after graduation.