The first American to win the Nobel Memorial Prize in Economic Sciences, American economist Paul Samuelson describes economics as the "study of how societies use scarce resources to produce valuable commodities and distribute them among different people." By learning about economics, you will see that there are various perspectives on how resources are allocated and that the different allocations will impact on social, political, financial and business concerns.
This programme provides a strong background in economics principles but also provides a knowledge and understanding of recent developments in economics and the application of economic concepts to current issues and the post-pandemic world.
As part of your study of economics you will develop skills in the organisation and analysis of statistical data, the interpretation of economic issues and the communication of economic ideas. These skills have been identified as being in demand by employers by a number of surveys, such as the one carried out by the Economics Network.
The foundation year (level 3) is designed to equip applicants who do not have the required qualifications to enter onto level 4, with a robust toolkit of the academic, digital and personal skills required for successful study in higher education and also with an understanding of, and insight to, the economic and business discipline. Successful completion of the foundation year will allow progression onto level 4 of BA (Hons) Economics.