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 and business concerns.
This programme provides a strong background in economics principles but also provides a knowledge and understanding of the recent developments in economics and the application of economic concepts to current issues. For example, a module on sustainability will delivered jointly with staff from the Centre for International Development and Training. 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 of this course is designed to offer applicants who do not have the required qualifications, a programme which will equip them with a robust toolkit of academic, digital and personal skills required for successful study in higher education. It also provides an understanding of, and insight into, a range of disciplines that underpin their chosen programme of study. In the foundation year students will develop their ability to gain the most out of structured in-class study, and also to manage and evaluate their own independent learning. This wide range of transferable skills is of immense value in both undergraduate study and graduate employment. Upon successful completion of the foundation year, students will have the opportunity to develop their knowledge and understanding of their subject area to degree level.