Economics and Sports Studies BSc/BA (Hons)
About the course
This course focuses on applied economics and in particular the application of economic analysis to real world problems and developments. The course emphasises how economics can play a role in analysing and modelling situations in the business environment, developing countries and in the formation of public policy. The first year provides an introductory course which makes economic organisation accessible even if you are new to the subject. Following on from the first year there are three pathways which you may study:
- applied policy, international banking and economics
The final year options lead to specialist studies, and may include a project.
This course develops your understanding of sports management, development and the areas of sports science and psychology that impact on it. You will benefit from some of the best university-based sports and fitness facilities in the country. Sports Studies brings together the major themes of sports management and sports development.
You will develop understanding in the fields of recreational and sports management including the business aspects involved and the structures of sport from Government to local level.
You will also explore areas of sports science that impact on management and development and develop knowledge of various aspects of sports psychology, sports fitness and nutrition.
Why choose this course?
- Explore how economics plays a role in analysing and modelling situations in the business environment, developing countries and in the formation of public policy.
- No prior knowledge of economics is required
- Study a balanced curriculum focusing on the major themes of sports management, sports development, disciplines supporting sports performance and academic research skills.
- Take advantage of the magnificent sports facilities at the university
300 UCAS points. GCSE English language, double science and maths at grade C or above (or equivalent).A minimum IELTS score of 6.0, TOEFL 550 (79 IBT)is required for those for whom English is not their first language. Equivalent qualifications welcomed.
- Full Time, 3 Years
- Full Time,
- Part Time,
- Part Time, 6 Years
- Sandwich, 4 Years
- University of Hertfordshire, Hatfield
The Joint Honours Programme provides flexibility in your studies broadening your career choices when you graduate.
Graduates have found employment in diverse roles such as computer programmers, design engineers, management development specialists, accountants and project managers. Over 72% of our graduates entered employment six months after graduation, and a further 17% went on to further study or training.
You will develop your capacity for independent study and interpersonal skills on this programme. There is an emphasis on structured research, well-prepared written and verbal presentations and computer literacy.
You will experience a wide variety of teaching styles on the programme including:
- standard lectures
- case studies
- individual and group projects
In your final year you will normally have the opportunity to hone your independent study and interpersonal skills by undertaking a major project or dissertation.
You will have the opportunity to take a paid work placement or study abroad for a year between your second and final years, extending your degree from a three year to a four year qualification. You will not be required to pay tuition fees for this year and you will gain excellent experience that sets you apart from the crowd in the graduate jobs market.
You can study in most European countries, USA, Canada, Mexico, Brazil, Chile, Uruguay, South Africa, Russia, China, Korea, Japan, Malaysia, Singapore, Thailand and Australia. You will study a programme of taught modules and/or project work with one of our partner universities, which will complement your studies on the Joint Honours Programme. You may need to study the language of your chosen country in your first and second years. Depending on where you choose to study you may be eligible to apply for certain grants, scholarships and financial support to help finance your study abroad experience.
A work placement provides you with an excellent opportunity to gain valuable experience and put your theoretical knowledge and understanding from your studies in to practice.
Our Careers and Placements service will help you to develop your CV and support you through the application process for a wide range of placement opportunities in a variety of sectors and organisations.
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')
Global Perspectives in Business B
Internationalisation of business is creating a substantial increase in intercultural contact, which is reflected in the skills set of managers operating in a globalised world. Managers need to develop sensitivity to and a critical understanding of issues arising out of cultural difference, and be equipped to manage and operate in diversity. The module will explore themes of: a) concepts of culture, b) cultural differences and c) globalisation. It will also explore related ideas such as ethnocentrism and prejudice. It will look at and draw upon the work of leading theorists, such as Hofstede and Trompenaars, in the analysis of cultural difference. It will look at cross-cultural differences in communication and negotiation style. The workshop element of the module will consider the practical consequences of cultural difference for corporations and sojourners. Types of international corporate culture will be examined, including expatriate staffing policies. The nature of culture shock will be explored.
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.
Introduction to Macroeconomics
The module aims to provide students with an introductory grounding in the principles and concepts of macroeconomic analysis, including consideration of: unemployment; inflation; money; banking; government policies in terms of taxes and interest rates, for example; and international trade. Indicative content: - Basic macroeconomic models - income - expenditure approach - Theories of consumption and savings - Aggregate demand and aggregate supply - Unemployment - Inflation - Money and banking - Fiscal and monetary policies - Introduction to open-economy macroeconomics
Introduction to Sports Development
This module will aim to unravel the ambiguous and complex nature of sports development. To provide students with an understanding of the growth and evolution of sports development, the myriad models of sports development, the varied organisational perspectives and priorities relating to sports development and the strategies and initiatives that have been developed in an attempt to sustain and grow participation in sport. Of key importance to this module is a philosophical debate about sports development and whether it is essentially about the development of sport or development through sport.
Introduction to Sports Management
This module introduces students to the subject of sport management in terms of explaining the principles of management and leadership in sporting organisations. The roles and responsibilities associated particularly with sport organisation management will be investigated with reference to the marketing and management of sport services and human resource management. How sport organisations are structured will be examined, looking particularly at the micro environments of sport organisations cross sector.
Study Skills and Employability
This module is focussed on introducing and developing skills required to study in a Higher Education environment and also consider professional skills needed in the work place. With regards to academic skills this module primarily provides an introduction to the academic, IT and communication skills that students will require to become effective autonomous learners in Higher Education. Employability skills will be analysed and investigated to start to prepare students for the areas they need to develop. Also possible opportunities that are available for a graduate from the field of sport will be considered and embryonic career plans developed.
International Trade and the Open Economy
This module builds on the foundation provided by the module Economic Growth, Aggregate Price and Income (macro principles), which develops macroeconomic tools of analysis in a closed economy. It introduces and develops the analytical apparatuses, such as the IS-LM-BP model and the AS-AD framework, that are employed to explain international economy and growth. It also provides an insight into some of the principal models that have been devised to explain macroeconomic events in an open economy and to predict the consequences of certain actions by economic agents. Finally, the module evaluates the strengths and weaknesses of the various models constructed to explain international trade and the development of an open economy.
Business Economics is concerned with how the concepts, tools and techniques of economics can be usefully applied to the study of business. This is two-fold: both in terms of enabling effective business decision-making, eg with respect to pricing, and in terms of the analysis of industry. Organisation, competition and the role of government policy will all be explored in this module.
Economic Growth, Aggregate Price and Income
This module builds on the foundation provided by the first year module on macroeconomics to examine macroeconomic issues on a more rigorous basis. It introduces and develops the analytical apparatuses such as the IS-LM model and the AS-AD framework that are employed in macro analysis. It also provides an insight into some of the principal models that have been devised to explain macroeconomic events and to predict the consequences of certain actions by economic agents. Finally, the module evaluates the strengths and weaknesses of the various models in relation to macroeconomic developments that are necessary to understand the financial world.
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.
This module will explore the factors that impact on sports development such as sociological perspectives and situational circumstances that affect participation. The influence and relationship between sports development and associated themes such as physical activity, active recreation and leisure will be considered in the context of continuity and change in contemporary sport. The array of different stakeholders such as sport in educational settings, National Governing Bodies (NGB's), local authorities and sports clubs will be considered for their different responsibilities and motivations. This module will involve students in debates focusing on the role of sports volunteers in club environments and in an appreciation of creating, developing and sustaining performance pathways. Of key importance to this module is an appreciation of the array of different stakeholders to sports development and their varying priorities.
This module develops the subject of sport management in terms of further understanding the variety of sport business structures and moves on from understanding simple micro environments cross sector to understanding the legal and financial implications of being self employed, partnerships and public limited companies. How these structures behave and how culture is evidenced will be examined along with the theoretical concepts of change management and conflict resolution. This module will then begin to examine less permanent sport organisational structures through sports events and understanding purpose and variety of sports events and associated structures. Finally students will be able to examine an operational management strategy for delivery of a sport event through either having observed or managed an event of choice.
- Industrial Placement Year
- Placement Study Abroad (South East Asia)
- Placement Study Abroad (North America)
- Placement Study Abroad (Australia)
- Placement Study Abroad (Europe)
Sandwich Placement - Sport
The sandwich placement will provide students with the opportunity to expand, develop and apply the knowledge, understanding and skills learnt in the taught years of the degree in a work-based situation. The establishment will appoint a work-place supervisor, and the student will also have a University supervisor. During the placement the student will return to the University to a one day Symposium which all placement students attend. During this day they present a poster about their placement and attend talks on future employment.
Year Abroad - SPS
Learning and teaching methods may include taught courses, a research project, field studies or a mixture of these components. The Year Abroad will be for two academic semesters or their equivalent. The students will therefore follow a programme negotiated by the Associate Head of School or nominee and an equivalent representative of the host institution. Prior to commencement of the Year Abroad, the student, the programme officers from the University of Hertfordshire and from the host institution will agree a learning agreement and mode of attendance.
Economics of Business Organisation
This module is an exploration of the relevant economic and related literature on business organisation. It will consider what drives and shapes modern business and the tools that business and managerial economics can provide to help analyse decisions. It will further consider the economic issues facing modern business and the utility of economic theory in addressing these. Thus, transaction cost analysis and principal-agent theory will be explored and developed to understand business organisation. The wider economic environment within which business behaviour takes place will be considered using property rights approaches and the economic literature on trust, inter alia. Useful business tools such as demand estimation, pricing and investment appraisal will also be covered.
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.
International Production and Governance
This module explores key changes in the global economy by examining recent trends in international trade, production, investment and labour. Theories of international production are examined alongside the competitive strategies of large transnational firms. There is focus on the changing patterns of governance with regards to different varieties of capitalism and the relationship between different levels of governance; the global, the national and the local. The module emphasises the way in which both academic and business literature offer competing interpretations on the nature of these changing trends, their outcomes and their implications for policy.
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.
- 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.
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.
Advanced Sports Coaching
This module is based on the critical appraisal of advanced coaching related theory and research, and a range of current issues, and industry developments. personal development, as applied to the students own coaching background. The module promotes the refinement of sophisticated practical coaching skills, the gaining of a further vocational coaching award, and the employment of critical reflective depth in relation to personal and professional development.
Advanced Sports Management
This module aims to provide an understanding of the concept of strategic management and its application to sport organisations. It will enable the student to appraise the influences of the macro and micro environment within which such sport organisations exist and operate. Students will implement advanced strategic marketing processes to facilitate effective operation of the organisation and understand unique marketing constraints and opportunities which are characteristic of service and product organisations involved in the sport industry. Students will design and implement a suitable service and product marketing strategy for a specific sport organisation.
Final Year Project - Sports Studies
This module is intended to offer students the widest possible scope, within controlled parameters, to research a topic beyond the constraints of usual coursework assignments and examinations. Guidance on the design, planning, execution and presentation of projects will have been given to all students during level 5 in the Research Skills module. All students will also be allocated a supervisor with whom they should maintain regular contact throughout the research process. A project handbook is provided which details the responsibilities and expectations of students, and the role of supervisors. Additionally, the handbook contains guidelines for the expected content and format of the dissertation and poster. A series of workshops on specific aspects of the research process is provided, as well as tutorial support from supervisors.
Fees & funding
Full time: £9,000 for the 2014 academic year
Part time: If you decide to study this course on a part time basis you will be charged on a modular basis. The cost is £1,125 for each 15-credit module
Full time: £10,100 for the 2014 academic year
Other financial support
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.
Key course information
- Institution code: H36
- UCAS code: L1C6BSc/BA (Hons) Economics/Sports Studies (University Joint Honours),
- Course code: APJHECSS
- Course length:
- Full Time, 3 Years
- Full Time,
- Part Time,
- Part Time, 6 Years
- Sandwich, 4 Years