Economics / Economics with a language BA (Hons)

About the course

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Access the current course structure

This course provides you with a solid knowledge of economics, and a rigorous understanding of the quantitative methods that economists use in empirical analyses.

Recognising the significant role that economics can play in the formation of policy by companies, governments and institutions, this course will enable you to apply economic principles to a wide variety of contemporary problems and use your quantitative skills in a broad range of careers when you graduate.

The course also prepares you for further studies at the Master’s level.

Enhancing Employability

Have you ever considered studying abroad to experience different cultural activities and develop new personal contacts? Or thought about studying a language to enhance your employability? What about undertaking a work placement during your studies to both enhance employability and earn some money? Here at the Hertfordshire Business School we offer opportunities to support our students’ future careers by developing strong employability skills.

Our BA Economics graduates have gone on to work for major companies including: Citibank, Friends Provident, HSBC, Royal Bank of Scotland, Santander, Schroders and Standard Bank. Job roles have included emerging market analyst, fund manager’s assistant, trainee accountant and trainee stockbroker.

Study a language

You can choose to combine your study of Economics with studying one of six languages:

  • French
  • German
  • Italian
  • Spanish
  • Mandarin Chinese
  • Japanese

Speaking a second language as well as having a business qualification will give you a competitive edge when job hunting.
Find out more about the options available.

If you are thinking of studying Economics your UCAS code is: L101
If you are thinking of studying Economics with an Eastern Language your UCAS code is: L1R9
If you are thinking of studying Economics with a European Language your UCAS code is: L1T9

Why choose this course?

  • Learn how to apply economic principles to a wide range of situations.
  • Learn how to analyse contemporary problems and help to assist in the policy and decision making environment.
  • Study abroad to learn how foreign economies work.
  • Take a work placement to put your academic knowledge in to practice.
  • Combine your subject with one of six languages – from Spanish to Japanese – to increase your employability.

Entry requirements...

You will need 300 UCAS Tariff points from 2 A levels (or their equivalent).

Plus GCSE English language and mathematics at grade C (or equivalent) or above.

All students from non-majority English speaking countries require proof of English language proficiency. The following qualifications and grades will be considered:
- GCSE English language grade A-C
- IELTS 6.0 (with no less than 5.5 in any band)
Other English language tests are accepted. Please contact the International Office for details.

Study routes

  • Full Time, 3 Years
  • Sandwich, 4 Years

Locations

  • University of Hertfordshire, Hatfield

Careers

Graduates have found employment in roles such as emerging market analyst, fund managers assistant, management trainee, merchandise associate, pensions administrator, purchase ledger accountant, quality assurance analyst, settlements clerk, trainee accountant and trainee stockbroker with major companies such as:

  • ABN Amro Bank
  • BHS
  • Citibank
  • Computer Center
  • Friends Provident
  • HSBC
  • Royal Bank of Scotland
  • Schroders
  • Royal Navy
  • Standard Bank
  • Tesco
  • Vauxhall

Teaching methods

StudyNet is our innovative online learning environment that you can use to support your study. You will be able to access personalised information about your course, timetable and modules, as well as being able to contact lecturers using your own email address.

The teaching method for most modules on the course is a one hour lecture followed by a one hour seminar. Typically, a new topic will be introduced in each lecture. The seminars provide an opportunity to discuss and obtain feedback on the topic introduced in the previous week's lecture. Usually, assessment is split between coursework and examination. Coursework may take a variety of forms and could be individual or group work.

Work Placement

As with all of our courses at the Business School students have the opportunity to complete a work placement, which will usually last for one year. During your year you will be employed by the company and will be paid placement salaries for students in placement ranged from £11,500 - £14,000.

  • HM Revenue and Customs
  • NHS Finance
  • Lee Valley Regional Park Authority
  • HR Treasury

Structure

Year 1

Core Modules

  • Quantitative Methods for Economics

    This module is an introduction to important mathematical and statistical techniques that are used in the study of economics. The power of these techniques and approaches is considered as well as how to apply them in the relevant situation. The following techniques are introduced and developed through problem-solving: - Simple algebra and numbers (decimals, fractions, integers) - Solving linear and quadratic equations - Simultaneous equations (and the equilibrium concept) - Basic graphical analysis and interpretation (slopes, intercepts, etc) - Differential calculus (basic rules) - Simple (unconstrained) optimisation - Exponential function and logarithms - Measures of location (eg mean) and dispersion (eg variance) - Probability distributions (especially normal) and related graphs (eg scatter plots) - Simple regression (concept and 'line of best fit')

  • Introduction to Microeconomics

    Microeconomics is concerned with the behaviour of individual firms, markets and consumers in their economic activity. Microeconomics considers choice-making within the context of a market mechanism. The module covers the nature of markets including the determinants of demand and supply and the competitive environment within industries. The role of the government in intervening in markets is also considered.

Optional

  • Principles of Marketing

    This initial marketing module, which assumes no prior knowledge of marketing, aims to introduce students to some of the key ideas of marketing and is suitable for both marketing and non-marketing students. It examines the environment within which organisations operate and the role of marketing within the organisation so that students can understand the context within which marketing personnel work, and the different activities which are carried out under the umbrella term of 'marketing'. Concepts central to an understanding of marketing are considered - segmentation; targeting and positioning; the product life cycle; the 4Ps; buyer behaviour, etc.

  • French Beginners A1A

    This module will enable students to communicate in French at a basic level in a range of everyday social situations. Students will learn to talk about themselves and their daily life, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • French Beginners A1B

    This module will enable students to communicate further in French at a basic level in a range of everyday social situations. Students will learn to talk about past and forthcoming events, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • Spanish Beginners A1A

    This module will enable students to communicate in Spanish at a basic level in a range of everyday social situations. Students will learn to talk about themselves and their daily life, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • Spanish Beginners A1B

    This module will enable students to communicate further in Spanish at a basic level in a range of everyday social situations. Students will learn to talk about past and forthcoming events, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • French Intermediate B1A

    This module broadens and consolidates the students’ competence in French. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

  • Spanish Intermediate B1B

    This module will extend the students’ competence in Spanish through the introduction of more advanced language structures. Students will learn to discuss work and future plans, studying and living abroad. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • German Beginners A1B

    This module will enable students to communicate further in German at a basic level in a range of everyday social situations. Students will learn to talk about past and forthcoming events, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • German Intermediate B1A

    This module broadens and consolidates the students’ competence in German. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

  • German Intermediate B1B

    This module will extend the students’ competence in German through the introduction of more advanced language structures. Students will learn to discuss work and future plans, studying and living abroad. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • German Advanced C1B

    Emphasis will continue to be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of German. A thematic approach to language learning will be used, improving the student's linguistic ability and knowledge of more complex German. The module will be based on selected, more complex carefully graded texts and materials compiled from a variety of sources made available to students through Studynet. Students will participate in discussions on a variety of topics focusing on cultural issues, tourism and the world of work.

  • German Advanced C1A

    Emphasis will be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of German. A thematic approach to language learning will be used, improving the student’s linguistic ability and knowledge of more complex German. The course will be based on selected, complex carefully graded texts, online and audiovisual materials compiled from a variety of sources made available to students through StudyNet. Typical themes of study will focus on social, economic and cultural issues. Student will be expected to take part in discussions on the various topics studied.

  • Italian Beginners A1B

    This module will enable students to communicate further in Italian at a basic level in a range of everyday social situations. Students will learn to talk about past and forthcoming events, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • Chinese Beginners A1B

    This module will enable students to communicate in Mandarin Chinese at a basic level in a range of everyday social situations. Students will learn to talk about themselves and their daily life, carry out reading (pinyin) and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be delivered via on-line materials including video clips and Chinese websites.

  • French Advanced C1B

    Emphasis will continue to be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of French. A thematic approach to language learning will be used, improving the student's linguistic ability and knowledge of more complex French. The module will be based on selected, more complex carefully graded texts and materials compiled from a variety of sources made available to students through Studynet. Students will participate in discussions on a variety of topics focusing on cultural issues, tourism and the world of work

  • Japanese for Beginners A1A

    This module will enable students to communicate in Japanese at a basic level in a range of everyday social situations. Students will learn to talk about themselves and their daily life, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • Mandarin Route A - 4a

    This module will enable students to communicate in Mandarin Chinese at a basic level in a range of everyday social situations. Students will learn to talk about themselves and their daily life, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be delivered via on-line materials, including video clips and Chinese websites.

  • French Route C - 4b

    Emphasis will continue to be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of French. A thematic approach to language learning will be used, improving the student's linguistic ability and knowledge of more complex French. The module will be based on selected, more complex carefully graded texts and materials compiled from a variety of sources made available to students through Studynet. Students will participate in discussions on a variety of topics focusing on cultural issues, tourism and the world of work

  • French Route B - 4b

    This module broadens and consolidates the students’ competence in French. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

  • German Route A - 4a

    This module will enable students to communicate in German at a basic level in a range of everyday social situations. Students will learn to talk about themselves and their daily life, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • German Route A - 4b

    This module will enable students to communicate further in German at a basic level in a range of everyday social situations. Students will learn to talk about past and forthcoming events, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • German Route B - 4a

    This module broadens and consolidates the students’ competence in German. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

  • Italian Route A - 4b

    This module will enable students to communicate further in Italian at a basic level in a range of everyday social situations. Students will learn to talk about past and forthcoming events, carry out reading and listening tasks and write short texts within the framework of the vocabulary and grammatical structures studied. The module will be course book based, supplemented by on-line materials including for example video clips, blogs and magazine websites.

  • Spanish Route C - 4a

    Emphasis will be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of Spanish. A thematic approach to language learning will be used, improving the student’s linguistic ability and knowledge of more complex Spanish. The course will be based on selected, complex carefully graded texts, online and audiovisual materials compiled from a variety of sources made available to students through StudyNet. Typical themes of study will focus on social, economic and cultural issues. Student will be expected to take part in discussions on the various topics studied.

Year 2

Core Modules

  • Enterprise

    In this module, students study the nature of enterprise and entrepreneurship, its importance to society and the individual personal opportunities that developing enterprise skills provides. Students will also work in a team to identify a new business opportunity and take this idea through the full business planning cycle, ending in a formal presentation of their proposed enterprise. Most of the formal delivery to students will take place during Enterprise Week in order to immerse students in an enterprise culture and draw on practical experiences of entrepreneurs. Topics covered will normally include: - Concepts of enterprise and entrepreneurship - The economic impacts of enterprise - Insights into developing new ideas - Construction of business plans - Sources of advice and support schemes - Net working

  • Consumers, Firms and Markets

    The modern capitalist economy can be viewed as an enormous collection of consumers and firms who engage in markets. How effective these markets are and what it means for society will, in large part, depend upon how consumers and firms actually behave. This module explores this behaviour, employing both standard economic analysis, ie how rational agents make decisions, as well as alternative approaches which acknowledge limits on rationality while also proposing a more realistic psychology. The impact upon decision-making is further considered. The success of the economy is reliant upon the efficiency of the markets within it. This crucial economic aspect will be explored for the different types of market structure. Further, the causes and consequences of market failures will also be addressed.

Optional

  • Techniques of Economic Analysis

    Economic analysis in practice inevitably entails the identification, collection, interpretation and processing of empirical evidence in various forms. This module will, first of all, introduce students to a range of essential quantitative techniques for economic analysis, such as solving simultaneous equation systems, differentiation, optimisation, and solving growth, discounting and data envelopment analysis problems. The quantitative pre-requisites are limited to simple algebra and basic statistics. The module will then enable students to apply relevant techniques to the study of a range of economic issues concerning firms, markets and the macroeconomy using real world datasets.

  • Labour Market Policy

    The module studies the main issues of labour market policy, focusing mainly on the UK but also including international comparisons. It introduces concepts and approaches needed to understand the labour market, and especially the behaviour of households, firms and the government. It shows how these concepts and approaches inform labour market policy. The module covers policy issues such as the rise in women's labour force participation, early retirement trends and ageism, flexible work and job insecurity, unemployment and unemployment policy, training and education, and labour market discrimination.

  • Health Economics

    Introduction to health expenditure / Health care markets / Theory of production and costs applied to health provision / Theory of health care consumption / Application of the theory of the firm to health / Market failures in the provision of health care / Health insurance and finance / Application of macro theory to health / Economic evaluation of health and the valuation of life

  • Labour Economics

    This course will analyse topics of behaviour and outcomes in labour markets and other related markets. We will discuss the way in which labour markets are organised and what implications this has for individual outcomes. We begin by considering the behaviour of firms (labour demand) and workers (supply) and evaluate the concept of labour market equilibrium. We continue with a variety of topics including, inter alia, education and skills, labour mobility and segmentation, information approaches to recruitment and selection, incentive design, gender and racial discrimination, and unemployment (search and matching). The main analytical tools will be theoretical but we will also make use of real-world policy examples and applied techniques. This module will complement L5 microeconomics; basic competence in algebra and introductory econometrics will be developed, as required, within the module.

  • French Route A - 5a

    This module broadens and consolidates the students’ competence in French. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

  • French Route B - 5a

    This module further improves the students’ competence and confidence from study at level 4 in understanding and responding to more advanced written and spoken French Students develop skills which will be of value both professionally and socially and will be exposed to a wider variety of contexts and language registers. The module will enable students to participate more fully in discussions and develop logical argument. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • French Route B - 5b

    This module further improves the students’ competence and confidence from study at level 4 in understanding and responding to more advanced written and spoken French Students develop skills which will be of value both professionally and socially and will be exposed to a wider variety of contexts and language registers. The module will enable students to participate more fully in discussions and develop logical argument. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • Spanish Route B - 5a

    This module further improves the students’ competence and confidence from study at level 4 in understanding and responding to more advanced written and spoken Spanish. Students develop skills which will be of value both professionally and socially and will be exposed to a wider variety of contexts and language registers. The module will enable students to participate more fully in discussions and develop logical argument. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • Spanish Route B - 5b

    This module enables students to improve further their competence and confidence from the previous semester in understanding and responding to more advanced Spanish. Students continue to develop skills which will be of value both professionally and socially. The module will enable students to play a more active and spontaneous part in discussions and to use a wider range of phrases which express different shades of opinion in speaking and writing. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line news reports, blogs and magazine websites.

  • German Route A - 5b

    This module will extend the students’ competence in German through the introduction of more advanced language structures. Students will learn to discuss work and future plans, studying and living abroad. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • German Route A - 5a

    This module broadens and consolidates the students’ competence in German. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

  • German Route B - 5a

    This module further improves the students’ competence and confidence from study at level 4 in understanding and responding to more advanced written and spoken German. Students develop skills which will be of value both professionally and socially and will be exposed to a wider variety of contexts and language registers. The module will enable students to participate more fully in discussions and develop logical argument. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • German Route C - 5a

    Emphasis will continue to be placed on improving the students' linguistic ability and knowledge through the in depth study of selected political, cultural, linguistic and economic topics relating to German speaking countries. The module will be based on materials taken from written and audiovisual materials compiled from a variety of sources such as online newspapers, magazines. Students will be expected to research their own materials and present their findings in class discussions.

  • German Route C - 5b

    Emphasis will continue to be placed on improving the student’s linguistic ability and knowledge so as to equip them with the skills necessary to study and work in a German speaking country. The module will be based on materials taken from written and audiovisual materials compiled from a variety of sources such as online newspapers, magazines and company websites. Students will research their own materials to be analysed and presented in class discussions.

  • Italian Route A - 5b

    This module will extend the students’ competence in Italian through the introduction of more advanced language structures. Students will learn to discuss work and future plans, studying and living abroad. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • Mandarin Route A - 5a

    This module broadens and consolidates the students’ competence in Mandarin Chinese. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. Chinese characters will be introduced. The module will be delivered via on-line materials including video clips and Chinese websites.

  • French Route C - 5a

    Emphasis will continue to be placed on improving the students' linguistic ability and knowledge through the in depth study of selected cultural, linguistic and economic topics on the French regions. The module will be based on materials taken from written and audiovisual materials compiled from a variety of sources such as online newspapers, magazines. Students will be expected to research their own materials and present their findings in class discussions.

  • French Route C - 5b

    Emphasis will continue to be placed on improving the student’s linguistic ability and knowledge so as to equip them with the skills necessary to study and work in France and give them an understanding of demographic trends in Europe and France. The module will be based on materials taken from written and audiovisual materials compiled from a variety of sources such as online newspapers, magazines and company websites. Students will research their own materials to be analysed and presented in class discussions.

  • Spanish Route C - 5b

    Emphasis will continue to be placed on improving the student’s linguistic ability and knowledge so as to equip them with the skills necessary to study and work in Spain. The module will be based on materials taken from written and audiovisual materials compiled from a variety of sources such as online newspapers, magazines and company websites. Students will research their own materials to be analysed and presented in class discussions.

  • Spanish Route A - 5a

    This module broadens and consolidates the students’ competence in Spanish. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

  • Italian Route A - 5a

    This module broadens and consolidates the students’ competence in Italian. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

  • Italian Route B - 5b

    This module enables students to improve further their competence and confidence from the previous semester in understanding and responding to more advanced Italian. Students continue to develop skills which will be of value both professionally and socially. The module will enable students to play a more active and spontaneous part in discussions and to use a wider range of phrases which express different shades of opinion in speaking and writing. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line news reports, blogs and magazine websites.

  • Japanese Route A - 5b

    This module will extend the students’ competence in Japanese through the introduction of more advanced language structures. Students will learn to discuss work and future plans, studying and living abroad. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • Japanese Route A - 5a

    This module broadens and consolidates the students’ competence in Japanese. Students will learn to talk about student life and travel, carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including, for example, video clips, blogs and magazine websites.

Year 3

Core Modules

Optional

  • Industrial Placement Sem B only

  • Industrial Placement Year

  • Placement Study Abroad (North America)

  • Placement Study Abroad B (Europe)

  • Placement Study Abroad (Europe)

  • Industrial Placement (Semester A)

Year 4

Core Modules

  • Markets, Competition and Policy Performance

    This module follows on from and develops ideas set out in the module Consumers, Firms and Markets. It recognises that the competitiveness of markets is a key factor and one in which government policy can both facilitate and hinder. Markets can fail and government policy can play a useful role. However, government failure is also a concern, so intervention must be used carefully. This module explores these issues which represent a longstanding, central debate in economics which, nonetheless, remains current. The effectiveness of markets and industries is also very much dependent upon organisational efficiency at the level of the business firm. The module, therefore, also considers useful approaches in this area, as exemplified by the work of the latest Nobel Laureate, Oliver Williamson. Furthermore, the module recognises that the success of the economy over time is a dynamic issue and thus explores the economics of innovation.

  • Macroeconomics Performance

    The past few decades have witnessed significant new developments in the trends and patterns of wealth creation and distribution across the global economies. This module aims to further develop students' critical understanding of the relevance and limitations in the analysis of macroeconomic performance and policy conduct in the contemporary context. Insofar as theoretical developments are concerned, particular emphasis will be placed on the New Classical, New Keynesian and selected heterodox economics thinking on the attainment of societal goals of economic efficiency and social equity. This module will also enable students to develop an in-depth understanding of a range of practical issues concerning inflation, public finance, exchange rate regimes, financial liberalisation, international trade and globalisation.

  • Placement Portfolio

    The placement portfolio forms the basis of the academic work for the placement year. It will relate to the work experience undertaken and will contain: (i) an overview of the placement organisation to include mission and values; (ii) a job description(s) of the various tasks undertaken; (iii) a clear link to career action planning; (iv) an illustration of involvement with problem-solving activitiies; (v) a series of evidence-based sections which demonstrate the development and application of skills, to include: - self motivation, time management, project planning, reliability, organisation ability, self-evaluation; - working successfully with others; - communication in all its forms; - applying IT tools; - using resources effectively; - applying knowledge and skills to new situations to solve problems; - application of numerical and statistical information.

  • Contemporary Issues in Economics

    This module aims to enhance students' understanding of different theoretical frameworks and research methodologies in order for them to develop their understanding of how knowledge is created and develops in the area of economics. Students will then study selected key contemporary issues from an economic perspective. The exact topics will, by definition, change depending on the issues of the day, but, in all cases, students will be able to see the benefit of using appropriate tools of economic analysis. Issues will be evaluated on the basis of the quality of economic explanation offered, both in terms of theory and evidence. In this way, students can appreciate how theory can be effectively translated into real policy action.

Optional

  • Anatomy of Financial Crises

    This module provides an opportunity to explore the major financial crises that took place across the globe since the early 20th century. It aims to reconstruct some of the financial theories on the basis of the empirical evidence as opposed to 'the theory first application later' approach.

  • Dissertation - Economics

    The dissertation offers the opportunity to undertake an individual piece of work that is designed to develop research skills relevant to a specific area of study. Students will be allocated an academic supervisor who will meet with students on a regular basis. On completion of the research, students will be required to produce a dissertation of between 7,000 to 10,000 words. The dissertation will be assessed using the Business School dissertation criteria that cover the management of the dissertation, the methodology used, the intellectual quality and originality, and the structure and coherence of the report.

  • Issues in Global Economy

    This module explores the fundamental economic changes in the global economy and their implications for both developed and developing economies. It addresses issues related to changes in international production, global financial structures, trade patterns, migration, global governance, environment, economic development, income distribution and poverty.

  • Money, Banking and Finance

    The financial sector is a vital sector for any economy. It is a major and successful part of the UK economy. This module provides the techniques and concepts to analyse and understand this sector. The major theoretical underpinnings of the financial sector are explored. Thus, the module considers portfolio theory, the term structure of interest rates, demand and supply of money, monetary policy, exchange rate systems, insurance markets and the efficient markets hypothesis.

  • Modern Econometrics

    - Introduction: Review of the classical regression model as the well as multicollinearity, heteroskedasticity and autocorrelation. - Estimating dynamic models: Adjustment lags and the problem of estimation; the formation of expectations. - Data-mining: Alternative approaches to selecting the 'best' model and criteria. - Handing non-stationary time series: Stationary and non-stationary processes; testing for Stationary, error-correction model. - Cointegration and error-correction models: Cointegration between variables via testing; the estimation of the error-correction model. - Further topics: Vector autoregressions.

  • Research Methods

    This non-credit bearing module of study is designed to provide students with sufficient research skills in order to successfully undertake a dissertation and/or research project. Key themes covered by the module, include: Defining the research question: students are introduced to the difficulties of defining the research question and objectives; the need for a theoretical underpinning is emphasised, together with the use of tertiary sources in conducting a literature search. Methods and sources of primary and secondary data: primary data acquisition focuses on (but is not restricted to) survey and interview techniques. The need to make judgments about data quality is emphasised as a determinant of appropriate methods of analysis. Quantitative methods: the use of parametric and non-parametric statistics is offered for data description, testing correlation and differences between sub-groups. Research findings: demonstrating the significance of the research findings concentrates on (but is not restricted to) the derivation of recommendations from those findings.

  • Game Theory and Economic Applications

    Introduction / Definition of a game / Definition of the “mixed strategy” / Strict and weak dominance / Successive elimination of strictly dominated strategies / Common knowledge of rationality / The Nash equilibrium / Microeconomic applications of static games (oligopolistic markets) / The problem of indeterminacy / Dynamic games / Subgame perfect Nash equilibrium / Repeated games / The Folk Theorem / The Bargaining Problem / Economic applications / Discontents / Conclusions

  • Industry Practice for Economic Professionals

    In this module students will assess, develop and evaluate their employability skills through work-based learning. Students will use the professional framework relevant to their specialism to demonstrate competencies. Through their work, students will have opportunities to apply and critically evaluate academic theories and current business school research. Work-based learning opportunities include: placement, part-time work, internship, project work, involvement in research or volunteering.

  • French Mini Project

    This module provides students with an opportunity, under tutorial guidance, to choose a topic of interest to them related to an aspect of the social, political, economic or cultural life of a French -speaking country, to research a topic, using authentic materials to write an essay on the topic in French.

  • German Mini Project

    This module provides students with an opportunity, under tutorial guidance, to choose a topic of interest to them related to an aspect of the social, political, economic or cultural life of a German -speaking country, to research a topic, using authentic materials to write an essay on the topic in German.

  • Spanish Mini Project

    This module provides students with an opportunity, under tutorial guidance, to choose a topic of interest to them related to an aspect of the social, political, economic or cultural life of a Spanish -speaking country, to research a topic, using authentic materials to write an essay on the topic in Spanish.

  • German Project

    This module provides students with an opportunity, under tutorial guidance, to choose a topic of interest to them related to an aspect of the social, political, economic or cultural life of a German.-speaking country, to research a topic, using authentic materials to write a project on the topic in German. Students are encouraged to conduct interviews with native German-speakers, having completed the necessary University formalities to obtain Ethics approval.

  • French Route A - 6a

    This module further improves the students’ competence and confidence from study at levels 4 and 5 in understanding and responding to more advanced written and spoken French. Students develop skills which will be of value both professionally and socially and will be exposed to a wider variety of contexts and language registers. The module will enable students to participate more fully in discussions and develop logical argument. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • Spanish Route A - 6b

    This module enables students to improve further their competence and confidence from the previous semester in understanding and responding to more advanced Spanish. Students continue to develop skills which will be of value both professionally and socially. The module will enable students to play a more active and spontaneous part in discussions and to use a wider range of phrases which express different shades of opinion in speaking and writing. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line news reports, blogs and magazine websites.

  • French Route B - 6b

    Emphasis will continue to be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of French. A thematic approach to language learning will be used, improving the student's linguistic ability and knowledge of more complex French. The module will be based on selected, more complex carefully graded texts and materials compiled from a variety of sources made available to students through Studynet. Students will participate in discussions on a variety of topics focusing on cultural issues, tourism and the world of work.

  • French Route B - 6a

    Emphasis will be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of French. A thematic approach to language learning will be used, improving the student’s linguistic ability and knowledge of more complex French. The course will be based on selected, complex carefully graded texts, online and audiovisual materials compiled from a variety of sources made available to students through StudyNet. Typical themes of study will focus on social, economic and cultural issues. Student will be expected to take part in discussions on the various topics studied.

  • Spanish Route B - 6b

    Emphasis will continue to be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of Spanish. A thematic approach to language learning will be used, improving the student's linguistic ability and knowledge of more complex Spanish. The module will be based on selected, more complex carefully graded texts and materials compiled from a variety of sources made available to students through Studynet. Students will participate in discussions on a variety of topics focusing on cultural issues, tourism and the world of work

  • German Route A - 6a

    This module further improves the students’ competence and confidence from study at levels 4 and 5 in understanding and responding to more advanced written and spoken German. Students develop skills which will be of value both professionally and socially and will be exposed to a wider variety of contexts and language registers. The module will enable students to participate more fully in discussions and develop logical argument. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • German Route A - 6b

    This module enables students to improve further their competence and confidence from the previous semester in understanding and responding to more advanced German. Students continue to develop skills which will be of value both professionally and socially. The module will enable students to play a more active and spontaneous part in discussions and to use a wider range of phrases which express different shades of opinion in speaking and writing. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line news reports, blogs and magazine websites.

  • German Route B - 6b

    Emphasis will continue to be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of German. A thematic approach to language learning will be used, improving the student's linguistic ability and knowledge of more complex German. The module will be based on selected, more complex carefully graded texts and materials compiled from a variety of sources made available to students through Studynet. Students will participate in discussions on a variety of topics focusing on cultural issues, tourism and the world of work

  • Mandarin Route A - 6a

    This module further improves the students’ competence and confidence from study at levels 4 and 5 in understanding and responding to more advanced written and spoken Mandarin Chinese. Students develop skills which will be of value both professionally and socially and will be exposed to a wider variety of contexts and language registers. The module will enable students to participate more fully in discussions and develop logical argument. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be delivered via on-line materials including video clips and Chinese websites.

  • Mandarin Route A - 6b

    This module enables students to improve further their competence and confidence from the previous semester in understanding and responding to more advanced Mandarin Chinese. Students continue to develop skills which will be of value both professionally and socially. The module will enable students to play a more active and spontaneous part in discussions and to use a wider range of phrases which express different shades of opinion in speaking and writing. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be delivered via on-line materials including video clips and Chinese websites.

  • Italian Route A - 6b

    This module enables students to improve further their competence and confidence from the previous semester in understanding and responding to more advanced Italian. Students continue to develop skills which will be of value both professionally and socially. The module will enable students to play a more active and spontaneous part in discussions and to use a wider range of phrases which express different shades of opinion in speaking and writing. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line news reports, blogs and magazine websites.

  • Spanish Route B - 6a

    Emphasis will be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of Spanish. A thematic approach to language learning will be used, improving the student’s linguistic ability and knowledge of more complex Spanish. The course will be based on selected, complex carefully graded texts, online and audiovisual materials compiled from a variety of sources made available to students through StudyNet. Typical themes of study will focus on social, economic and cultural issues. Student will be expected to take part in discussions on the various topics studied.

  • Italian Route B - 6a

    Emphasis will be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of Italian. A thematic approach to language learning will be used, improving the student’s linguistic ability and knowledge of more complex Italian. The course will be based on selected, complex carefully graded texts, online and audiovisual materials compiled from a variety of sources made available to students through StudyNet. Typical themes of study will focus on social, economic and cultural issues. Student will be expected to take part in discussions on the various topics studied.

  • Italian Route B - 6b

    Emphasis will continue to be placed on ensuring that students have a grammatically sound command of both the written and the spoken forms of Italian. A thematic approach to language learning will be used, improving the student's linguistic ability and knowledge of more complex Italian. The module will be based on selected, more complex carefully graded texts and materials compiled from a variety of sources made available to students through Studynet. Students will participate in discussions on a variety of topics focusing on cultural issues, tourism and the world of work

  • Japanese Route A - 6a

    This module further improves the students’ competence and confidence from study at levels 4 and 5 in understanding and responding to more advanced written and spoken Japanese. Students develop skills which will be of value both professionally and socially and will be exposed to a wider variety of contexts and language registers. The module will enable students to participate more fully in discussions and develop logical argument. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line TV news items, blogs and magazine websites.

  • Japanese Route A - 6b

    This module enables students to improve further their competence and confidence from the previous semester in understanding and responding to more advanced Japanese. Students continue to develop skills which will be of value both professionally and socially. The module will enable students to play a more active and spontaneous part in discussions and to use a wider range of phrases which express different shades of opinion in speaking and writing. They will carry out reading and listening tasks and write texts within the framework of the vocabulary and grammatical structures studied. The module will be largely course book based, supplemented by on-line materials including for example on-line news reports, blogs and magazine websites.

  • German Route C - 6a

    Emphasis w ill continue to be placed on improving the student’s linguistic ability primarily through the study of selected themes taken from online news papers, magazines, websites chosen specifically to illustrate contemporary issues in the German-speaking world. Students w ill be expected to research their own materials and present them in discussions, analysing them and reflecting upon them. Complex and more subtle grammatical points w ill be analysed through the study of texts.

  • German Route C - 6b

    Emphasis will continue to be placed on improving the student’s linguistic ability primarily through the study of selected themes taken from online newspapers, magazines, websites chosen specifically to illustrate contemporary issues in the German speaking world. Students will be expected to research their own materials and present them in discussions, analysing them and reflecting upon them. Complex and more subtle grammatical points will be analysed through the study of texts.

Fees & funding

Fees 2014

UK/EU Students

Full time: £9,000 for the 2014 academic year

International Students

Full time: £10,100 for the 2014 academic year

Discounts are available for International students if payment is made in full at registration

View detailed information about tuition fees

Scholarships

Find out more about scholarships for UK/EU and international students

Other financial support

Find out more about other financial support available to UK and EU students

Living costs / accommodation

The University of Hertfordshire offers a great choice of student accommodation, on campus or nearby in the local area, to suit every student budget.

View detailed information about our accommodation

How to apply

2014

Start DateEnd DateLink
27/09/201424/05/2015Apply online (Full Time)
27/09/201424/05/2015Apply online (Full Time/Sandwich)
27/09/201424/05/2015Apply online (Full Time/Sandwich)

2015

Start DateEnd DateLink
27/09/201524/05/2016Apply online (Full Time)
27/09/201524/05/2016Apply online (Full Time/Sandwich)
27/09/201524/05/2016Apply online (Full Time/Sandwich)