Economics

The Bachelor of Arts (Hons) in Economics at the University of Central Lancashire offers students a comprehensive opportunity to explore the principles and applications of economic theory and practice. This course is designed to develop a deep understanding of how economies function and the factors that influence economic decision-making at both individual and national levels. Throughout the programme, students will engage with a diverse range of topics, including microeconomics, macroeconomics, international economics, behavioural economics, and public policy. The curriculum combines theoretical foundations with real-world applications, enabling students to analyze economic problems critically and propose viable solutions.

Students will benefit from a blend of academic rigor and practical experience, with opportunities to participate in case studies, simulations, and industry projects. The programme emphasizes the development of transferable skills such as analytical thinking, data analysis, research techniques, and effective communication. These skills are essential for a career in various sectors, including finance, government, international organizations, and business consultancy. The course also encourages a global perspective, enabling students to understand economic issues in a contemporary international context.

The University of Central Lancashire's strong links with businesses and public sector organizations provide students with valuable networking opportunities, guest lectures, and potential work placements. The supportive learning environment is designed to foster independent thinking and intellectual curiosity. Graduates of the programme will be equipped with the critical insights and practical skills needed to navigate and influence economic environments in an ever-changing world. The course duration is typically three years for full-time study, with options for part-time study and additional pathways into postgraduate programmes. Overall, this economics degree aims to prepare students for a dynamic career landscape, grounded in a solid understanding of economic concepts and an ability to apply them effectively.

A 3 year degree qualification typically comprises 360 credits and each 20 credit (a standard module) equates to 200 hours of study, which comprises of a mixture of lectures, seminars, tutorials, practical sessions and independent study. Independent study is an important aspect of your degree course. The exact combination of study time will be detailed within your module descriptors, and will depend on your option choices.

Students are taught by staff with a mix of academic and industry experience. Research interests include – globalisation, regional economics, labour market economics, the economics of the European Union and the economics of the built heritage. In addition, some staff are dedicated to helping students with industrial placements and have extensive links with potential employers.

Year 1

common to all 3 routes:

• Introduction to Economics
• Introduction to Applied Economics
• The Business Environment
• Introduction to Business Functions

Year 2

• Intermediate Principles of Economics (BA/BSc Economics)
• Methodology and Diversity in Economics (BA/BSc Economics)
• Quantitative Methods in Economics (BSc Economics)

Plus options including- Economics of the European Union, Social Economics, European Economic Development, Global Environment of Business, Business Economics

Year 3

• Economic Policy (BA/BSc Econ)
• Philosophical Themes in Economics (BA Econ)
• Market Modelling (BSc Economics)
• Quantitative Dissertation

Plus options including – Labour Market Economics, International Financial Economics, Europe and the World Economy, Public Sector Economics, Economics Dissertation

Our typical offer is 104-112 UCAS Points.  We operate a flexible admissions policy and treat everyone as an individual. This means that we will take into consideration your educational achievements and predicted grades (where applicable) together with your application as a whole, including work experience and personal statement. General Studies accepted

BTEC Extended Diploma: Distinction, Merit, Merit 
BTEC Diploma: Distinction*, Distinction
Pass Access Course: 106-112 UCAS Points  
International Baccalaureate: Pass Diploma with 104-112 UCAS points from Higher Level Subjects
IELTS: 6.0 with no score lower than 5.5
GCSE: 5 at grade C/4 including Maths & English or equivalent

The Financing studies of the Economics program at the University of Central Lancashire provide students with a comprehensive understanding of financial principles, banking operations, investment strategies, and economic policies. The program is designed to equip students with the analytical and practical skills necessary to succeed in various financial sectors, including banking, investment analysis, financial consultancy, and corporate finance. Students will learn about financial markets, risk management, financial planning, and the ethical considerations involved in financial decision-making. The curriculum includes modules on financial accounting, corporate finance, quantitative methods, and international finance, enabling students to develop a broad and in-depth perspective on financial matters.

The program emphasizes practical learning through case studies, projects, and placements, providing students with real-world experience and industry connections. Students are encouraged to develop critical thinking and problem-solving skills to address complex financial issues. The university offers various support services to assist students in financing their studies, such as scholarships, bursaries, and financial advice. There are also opportunities for part-time work and placements that can help students gain additional income and practical experience during their studies. The program aims to prepare graduates for a range of careers in finance, and many students go on to work in banking, accounting firms, investment companies, and governmental agencies. Overall, the Financing aspect of the Economics program at UCLan ensures students are well-equipped with the knowledge, skills, and ethical awareness required to navigate the dynamic world of finance effectively.

The BA (Hons) Economics programme at the University of Central Lancashire is designed to provide students with a comprehensive understanding of economic principles, theories, and practices. The course explores a wide range of topics including microeconomics, macroeconomics, international economics, and financial markets, equipping students with critical thinking and analytical skills essential for careers in business, finance, government, and research sectors. Students will engage with current economic issues affecting both the UK and global economies, such as economic growth, inflation, unemployment, trade policies, and economic development. The programme emphasizes the application of economic theory to real-world problems, encouraging students to analyze data, interpret economic trends, and develop policy recommendations. Teaching methods include lectures, seminars, case studies, and independent research, fostering an engaging and interactive learning environment. The curriculum also offers opportunities for work placements, which enhance practical experience and employability. Graduates of this programme often pursue careers in financial analysis, economic consultancy, public policy, banking, and international organizations, or continue their studies at postgraduate level. The university's strong links with industry and professional bodies ensure that the course content remains relevant and up-to-date with current economic issues and practices. Facilities such as dedicated economic laboratories and access to extensive online resources support student learning. Overall, the BA (Hons) Economics at UCLan aims to develop well-rounded graduates with a solid theoretical foundation and practical skills to succeed in various economic and business environments.