UCAS code: L100

Start dates: September 2024 / January 2025 / September 2025

Full time: 3 Years, or 4 if a work placement is chosen

Part time: Up to 8 years

Location: Headington

Department(s): Oxford Brookes Business School

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Overview

Join our Economics course and you’ll build the practical skills and key knowledge that will enable you to thrive in real world scenarios. You'll explore current events and key issues like the climate crises and other global challenges. From financial markets and sustainability to innovative entrepreneurship, you’ll learn to critique current events and challenge theoretical models and their predictive power.

You'll forge connections with a diverse network of local and global organisations and economic visionaries. Our partnerships include BMW Mini, local councils, heritage attractions like Blenheim Palace, and retail stores. During your optional placement year, you'll see how your knowledge translates across these varied contexts.

As you progress through your degree, you’ll have a variety of experiences that will help shape you into a graduate who is connected and engaged with society. You’ll also build your resilience so you can easily adapt in an age of fast paced change. You’ll graduate with a clear idea of how to stand out in a fast evolving employment market.

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Students at Oxford Brookes working in groups

Why Oxford Brookes University?

  • Study the issues of our time

    Sustainability, finance and innovation are woven throughout the course so you can focus on the dynamic global issues you’re passionate about.

  • Get hands on

    Experience our new Bloomberg Trading Suite where you can make mock transactions on sustainable finance and ethical trading that has social and environmental benefits.

  • Question everything

    Our teaching team, all active researchers, are keen to help you critique current ways of thinking and challenge the theory when it doesn’t hold up.

  • Diverse experiences

    As well as a wide range of topics, your assignments will include anything from reports to quizzes, financial portfolios to data analysis.

  • Work on your career

    Develop employability skills throughout the course, by exploring what you need to succeed and learning how to build an impressive CV.

  • Free language courses

    Free language courses are available to full-time undergraduate and postgraduate students on many of our courses, and can be taken as a credit on some courses.

  • Study abroad

    You may be able to go on a European or international study exchange while you are at Brookes. Most exchanges take place in the second year. Although we will help as much as we can with your plans, ultimately you are responsible for organising and funding this study abroad.

Course details

Course structure

During your first year, you’ll study compulsory modules in subjects like economics and sustainability, microeconomics and macroeconomics. We’ll cover a wide range of subjects to give you a flavour of things to come. This will give you a good grounding in economics so you feel ready to start selecting optional modules in later years.

In years 2 and 3 you can choose to specialise in finance, sustainability or enterprise and innovation; or keep it general with a combination of all 3.

There is an optional placement year after year 2. We really encourage you to do this as you’ll come back with lots of new ideas about how you want to shape your career.

Studying

Learning and teaching

In this course we use a blended approach, combining face-to-face teaching and e-learning activities.

Teaching and learning methods include:

  • lectures
  • workshops
  • seminar discussions
  • group presentations
  • analysis of numerical data
  • case study analysis
  • discussions of topical material (such as newspaper articles, videos and websites)
  • computer-based exercises.

The e-learning component includes:

  • quizzes and diagnostic assessments
  • online discussion groups.

Throughout the course you will have close contact with your tutors and academic adviser.

We are delighted to have launched our new Bloomberg Trading Suite.

Students on our Accounting, Finance and Economics courses can gain certification and experience of trading on the financial markets by making mock transactions using real-world financial market data. Read our in-depth news story to find out more.

Bloomberg Trading Suite News Article

Assessment

We will assess your progress with a variety of approaches including:

  • reports
  • essays
  • case study analysis
  • presentations
  • examinations.

Each semester, practice assessments help you identify key strengths and weaknesses. You will benefit from ongoing in-depth, specific feedback on:

  • your work
  • placement year
  • voluntary charitable accounting experiences.

This allows you to know exactly which areas you need to focus on to do the best you can in your studies. As well as develop yourself for your future career.

Most teaching and assessment activities take place between Mondays and Fridays, 9am to 7pm. There may be occasions when such activities may fall outside of these hours.

Start this course in January

You have the option to start this course in January. In each of your three years, you will study your first semester between January and May and your second semester between September and December. There will be no teaching during June, July and August. 

Study modules

Teaching for this course takes place Face to Face and you can expect around nine hours of contact time per week. In addition to this, you should also anticipate a workload of 1,200 hours per year. Teaching usually takes place Monday to Friday, between 9.00am and 6.00pm.

Year 1

Compulsory modules

  • Microeconomics I

    This module on microeconomic analysis will introduce you to economic models and analytical methods of reasoning. Through diagrammatic and mathematical models, you'll explore consumer and producer behaviour and learn to recognise relationships between economic variables. You will learn to recognise relationships between economic variables and present these relationships diagrammatically, as well as interpret market data and apply it to real-world scenarios.

    By the end of the module, you will have a comprehensive understanding of microeconomic principles and be able to apply these principles to real-world situations, as well as evaluate economic policies using the analytical tools and models that you have learned. In addition to developing your academic literacy and research literacy skills, you'll grow skills in self-management, communication, problem-solving and critical thinking.

  • Macroeconomics I

    In this module, you will learn about the fundamentals of macroeconomics. You will cover key areas such as consumption, investment, savings, taxation, and the foreign sector. You will gain an understanding of how these variables relate to each other and how they impact the economy. Throughout the module, you will use real-world situations to illustrate the relevance of macroeconomics to your life as a student. You will develop the skills necessary to analyse and evaluate government policies on economic issues, identify the strengths and weaknesses of market economies, and prepare an argument and analysis of a particular macroeconomic event or change.

    By the end of this module, you should have a solid understanding of macroeconomic theory and its real-world applications. You will be able to analyse and evaluate economic policies and their impact on the economy, and identify the strengths and weaknesses of market economies as a mechanism of resource allocation. 

  • Mathematics for Economics and Finance

    This module will provide you with foundational mathematical techniques that are essential in the fields of economics and business. You will learn how to perform algebraic operations, solve systems of equations, and work with quadratic functions. Additionally, you will acquire the ability to differentiate multivariable functions and to analyse functional relationships using mathematical tools. 

    Through this module, you will develop problem-solving skills, self-management, communication, and learning abilities. By the end of this module, you will have gained proficiency in the application of mathematical techniques and a deeper understanding of how they are used in finance and optimization within the context of economics, finance, and business.

  • The Entrepreneur

    This module develops your entrepreneurial mindset and skills essential for success in the modern business world. You'll explore a full range of tools and techniques for innovation, creativity, and enterprise and learn to evaluate different components for success in diverse business landscapes. A multi-faceted approach to learning, combining classroom-based lectures with practical workshops, gives you the opportunity to apply behaviours, skills, and attributes associated with entrepreneurial success in a productive learning environment. This module also focuses on academic literacies, including critical thinking, analysis, and evaluation of contested knowledge.

    On successful completion of this module, you will have a strong foundation in the skills, knowledge, and attitudes necessary to succeed in various business contexts.

  • Economics and Sustainability

    This module aims to introduce you to undergraduate study in economics to an economics way of looking at real-world events. By focusing on applying economic theoretical concepts to real-world issues, the key aim is to provide you with the opportunity to see how economics can be seen in our everyday life and be excited about studying economics further. By introducing a set of key theoretical concepts and focusing on your applications to real-world events, the module facilitates students’ ability to understand abstract theoretical concepts and explain them using various real-world events.

    This module will help you develop an awareness of the economic foundation of complex issues in order to enhance the ability to make reasoned judgements and informed choices in the sphere of social and political affairs, widening your perspective on important social issues.

  • Work, Employment and Globalisation

    To give you an understanding of the complex and dynamic challenges of contemporary global labour markets, you’ll explore contemporary issues about work, employment and global labour markets throughout this module. And you’ll investigate the changing nature and organisation of work, inequalities at work, migration and labour mobility, identity at work, and the digital economy. These issues will be examined using a variety of institutional, organisational and individual theoretical perspectives. 

    From exploring post-industrial work and society within different institutional contexts, you’ll gain a key understanding of issues of diversity and inclusion at work, while gaining the intellectual skills required to critically research and review literature. 

  • Statistics for Economics, Finance and Business

    This module will help you build an essential foundation in quantitative techniques for the study of business, management and economics. 

    You’ll get to use statistical software that can be used for business economics analysis. You study how quantitative techniques can be combined with theory to enhance the explanatory power of business economics. 

    You’ll get to use Excel as your main calculative software tool, building your quantitative skills, so you can estimate your own statistical results using real data. You’ll also learn how to interpret your data results and present them.
     

Optional modules

Economics and Society in Context

In this module, your focus will be on applying economic theoretical concepts to real-world issues. You’ll have the opportunity to see how economics can be seen in everyday life and progress your detailed knowledge of economics further. You’ll look at economic theoretical concepts and see their applications to real-world events. This will help you to understand abstract theoretical concepts and explain them using various real-world events.

You’ll develop an awareness of the economic foundation of complex issues, to enhance your ability to make reasoned judgements and informed choices in the area of social and political affairs. This will help you widen your perspective on important social issues.
 

Year 2

Compulsory modules

  • Microeconomics II

    This intermediate module enriches the understanding of microeconomic theory built in previous modules. It covers individual consumer preferences, market demand analysis, production costs, pricing behaviour of firms, and asymmetric information. You'll apply economic theory to real-world scenarios, including issues of price and income subsidies, taxation, insurance, and asset markets. The module utilises a graphical approach to help you develop a basic understanding of general equilibrium theory. You'll learn to distinguish between issues of equity and efficiency in product markets, gaining a deeper understanding of economic policies' societal impact.

    Through this module, you'll also develop self-management, learning, communication, and problem-solving skills essential to success in academic and professional settings. By the end of this module, you will have the ability to comprehend key functional relationships, analyse economic issues, and think critically about economic policies.
     

  • Macroeconomics II

    In this module, you will delve deeper into macroeconomic theory and policy by examining national economies and international linkages. You will analyse long and short-run macroeconomic models, fiscal and monetary policies, exchange rate policies, government debt, and currency unions. Through theoretical analysis and examination of recent economic events, you will develop a critical understanding of macroeconomic hypotheses and competing approaches. You will also enhance your problem-solving, critical thinking, and data analysis skills to apply theoretical understanding and empirical knowledge to macroeconomic policy debates.

    By completing this module, you will gain critical self-awareness by assessing the impact of macroeconomic shocks and economic policies in determining key economic variables. The carefully curated learning framework will enhance problem-solving and critical thinking skills, as well as the ability to work independently and as part of a team.
     

  • Exploring and Enhancing Employability

    This module will help you develop the knowledge, skills and attitudes you’ll need for making your career decisions and managing your future career development. You’ll also cover

    • transitions into graduate employment
    • self-employment 
    • further study 
    • professional training courses 

    in the UK or overseas. 

    You’ll be supported to take an informed and critical view of the world of work and think about your future role and responsibilities, not only to yourself but also to others. You’ll also learn about the University Careers Service and OBBS WAVES team. You’ll have the opportunity to go into placements, internships, volunteering and other extracurricular activities offered by the University.
     

  • Applied Econometrics*

    This module provides an introduction to the interpretation and analysis of economic data through the application of appropriate statistical and econometric methodologies. You will gain practice in applying theory and develop your skills of statistical and econometric analysis through the completion of problem sets. Practising quantitative techniques in seminars is essential in helping you to identify your learning needs and to encourage you to become critically self-aware of your relative strengths and weaknesses in relation to the acquisition of quantitative skills, a fundamental attribute of graduates in economics and finance.

    On completion of the module you will have an understanding of hypothesis testing and statistical inference; the ability to conduct essential statistical analyses of data; and an understanding of regression analyses.

    You have the option to take this compulsory module or the compulsory module History of Economic Thought*

  • History of Economic Thought*

    This module provides an introduction to the historical development of economic ideas. In so doing it is designed to illuminate both the influence of such ideas within a variety of social and political contexts and against the background of debates in economic policy. It aims to demonstrate the variety of approaches which can be taken to the study of economic phenomena and the traditions to which they give rise.

    Upon successful completion of this module, you will be able to appreciate the relationship between developments in economic thought and within general society, critically evaluate the ideas of economic thinkers and appreciate the diversity of paradigms which have influenced the development of economic doctrine over time.

    You have the option to take this compulsory module or the compulsory module Applied Econometrics*
     

  • Economics of Enterprise and Innovation

    Discover the link between innovation and economic growth, as innovation is the key driver for economic growth in both developed and developing economies.

    You will learn about innovation's economic policy role, in particular, intellectual property rights (e.g. patents and trademarks). That ensures that innovators receive a fair share of their economic efforts which spur further investments towards this direction. Also you’ll discuss the value of customers’ data, data Intellectual Property, and the role of governments to regulate policies and standards so that new technologies can reach into the market, improving efficiency and allowing a fair competition.
     

  • International Trade

    You’ll be introduced to international trade and economic integration. And you’ll use partial equilibrium tools of economic analyses to analyse trade policy options and assess the welfare implications of these policies. Throughout this module, you’ll also explore the institutional arrangements of various trading blocks through reviewing multilateral and global institutions. 

    Upon successful completion of this module, you’ll be able to understand the economic rationale of international trade, and the stages of economic integration, including their relevance to international negotiations. You’ll also gain problem-solving and IT skills.

  • Placement Search and Preparation (only compulsory for who will take the optional Year 3 work placement)

    This module is designed to provide practical guidance and support in undertaking a placement search, preparing for the placement experience, and succeeding in the modern workplace. Throughout the module, you will develop critical self-awareness and personal literacy skills, enabling you to self-reflect on your own strengths and weaknesses and target your placement search effectively. Additionally, you will also explore methods of effective and targeted placement search, increasing your chances of securing a placement.
     
    In summary, this module is an essential component of your employability journey. By integrating with co-curricular activities, the module provides a holistic approach to employability, ensuring that students have a broad range of skills and experiences to draw upon in their future careers.
     

Optional modules

Choose 2 Optional modules from those below:

International Finance

You’ll study the main forces that are shaping the international financial environment. You’ll also look at the techniques and strategies used by organisations to respond to the international financial environment when making key financial decisions. 

You’ll look at:

  • capital flows
  • exchange rate determination
  • risk management in an international context
  • international investment decisions and 
  • the financing of international activities.

To develop your understanding of global finance and give you insight into global financial decisions that are made in today’s world.
 

International Labour Markets

This module examines the diversity of national policy approaches to labour market and social issues. You’ll undertake a comparative economic analysis of the behaviour of employers and employees operating in the global marketplace. Using a common framework of the economic theory of labour markets, you’ll also critically evaluate how governments, economic, social and other institutions alter outcomes in labour markets. 
By completing this module, you’ll be able to present a range of international labour market data, defend appropriate policy proposals and solutions to labour market issues, and recognise the implications for analysis of various social and cultural phenomena. 
 

Financial Markets and Institutions

On this module, you’ll examine the nature of financial markets and the role of financial intermediaries. You’ll analyse the nature of market efficiency, and the extent to which asset prices reflect rational decisions in consideration of psychological or speculative factors. You’ll also explore comparative merits and the question of financial regulation. Different types of financial instruments and their valuation will also be explored.

Upon successful completion of this module, you’ll be able to assess institution-based and market-based finance in a variety of contexts, understand the main principles underlying asset pricing models, and resolve general problems in selecting investments in a global market. 
 

Year 3 (optional placement year)

Optional modules

Optional Work Placement Year (includes a Placement Search and Preparation module in your second year)

You can spend your third year on a work placement, which is a great opportunity to enhance your CV, preparing you for future employment. You will gain commercial and practical experience, and many students are offered graduate positions by their placement employer. Students from Accounting and Economics have enjoyed exciting and intellectually challenging positions at organisations such as Deloitte, EY, GT, Metro Bank, Investec Bank, Marriott Hotels, Chelsea Football Club, Apple and Bosch. During your placement there is a fee which is paid to the university. It covers the cost of your placement tutor, and the support we provide whilst looking for a placement position and during your placement role. Whilst on your placement you will still be classed as a student. You will be paid a financially sustainable salary which will vary depending on your role, company and location. Learn more about how Oxford Brookes Business School supports students secure a work placement.

Year 4 (or year 3 if no placement)

Compulsory modules

  • Perspectives on Global Challenges

    This module is your advanced introduction to pluralism and competing paradigms in economics, finance and international business. You will investigate contemporary topics by using theoretical and empirical tools in economics and finance where you’ll employ orthodox and non orthodox approaches. 

    Through the module you’ll develop a deep understanding of key global trends and outcomes that are relevant to the world of international business. Also you will progress your analytical investigation skills in the sphere of global economics.
     

  • Contemporary Issues in Economics

    This module adopts a political economy approach and focuses on selected controversial economic issues such as economic growth, inequality, pricing mechanism and resource allocation, unemployment, economics of information, and mechanism designs, and so on. It examines each issue by comparing and contrasting the philosophy and methods of the neo-classical approach with alternative approaches.
     

  • Open Data and Distributed Finance

    Develop a sound understanding of the concepts, tools and practical experience of using new data technologies to disintermediate and promote innovation and competition across financial services. 

    You will learn, through case analysis, about the supporting technologies and how these allow a supporting ‘ecoSystem’ of third parties to compete in providing financial services. Also you’ll examine the challenge posed for incumbents competing against challengers and maintaining and innovating bank’s own systems; and the associated public policy issues concerning financial, privacy and competition regulation, building your applicable knowledge of open data and distributed finance.

  • Economic Policy

    This module focuses on selected important economic policy issues and relevant economic tools of analysis, with a balance between macro- and microeconomics. You will develop key skills and knowledge in the economics of public policy, which are a necessary requirement for a career as an academic economist or as an analyst in a wide range of national and international policy-making institutions.
     

Optional modules

Choose 2 optional modules from those below if you have completed a placement year / Choose 3 optional modules from those below if you have not completed a placement year:

Environmental Economics

On this module, you build your understanding of modelling techniques and analytical tools of environmental economics. You will be able to critically analyse a range of environmental issues which impact environmental externalities on economic agents and the range of policy responses available to policymakers.

Economic Growth

This module uses economic theory to analyse the structure and forces behind economic growth and development. You will learn standard theory of economic growth and use those theories to analyse the process of economic growth across countries. You will familiarise yourself with a set of important issues that are central to macroeconomics; develop some dynamic economics knowledge useful in macroeconomics as well as in a number of other sub-disciplines. By the end of the module you will gain  tools to analyse the economy with a long-run perspective that is normally overlooked in the other macroeconomic modules.

Behavioural Economics

Build your understanding of the concept called 'homo economicus' where individuals are considered to be perfectly rational and concerned only about maximising their own welfare. Your understanding of strategic behaviour in encounters with other individuals, modelled as games will broaden. You’ll examine concepts such as: 

  • bounded rationality
  • cognitive bias
  • market design
  • equilibrium selection
  • and policies in detail.

By the end of the module you’ll have a critical understanding of the new stream of thinking that has developed within economics in the last few decades. You’ll have knowledge of what allows people to make mistakes in decision-making and be altruistic – i.e. care about others’ utility as well as their own.
 

Advanced Applied Econometrics

Further and broaden your knowledge of econometrics. You’ll progress and develop your econometric skills that are needed to be able to successfully investigate economic and financial relationships by using appropriate econometric methodologies. You’ll study examples based on both economic and financial data that illustrate the application of the methodologies you’ll learn to use.

Finance and Development

Throughout this module, you’ll explore the economic challenges of financing development in developing countries, while using internal and external sources of finance. You’ll investigate the difference between development and growth, the roles of public and private sector, financial dualism, credit market failures, micro finance and international capital flows. 

Upon successful completion of this module, you’ll be able to interpret the implications of international financial flows on development, and you’ll gain an understanding of how a viable financial system can assist in economic growth and development.
 

Social Enterprise and Social Innovation

The module covers a multi-disciplinary approach to contemporary issues in entrepreneurship allowing you to develop a well-rounded skill set. Throughout the module, you will learn from experts in the field and gain practical insights into entrepreneurship. You will have the opportunity to engage in practical learning, including research and working within a community of like-minded individuals, enhancing your personal and professional growth. Moreover, emphasis is placed on interaction within a research community, providing you with valuable teamwork and communication skills.

Overall, this module offers you a unique learning experience that combines academic rigour with practical insights, giving you a competitive edge in the job market while developing essential research and self-development skills.
 

Sustainable Investing

You will develop your critical and practical understanding of creating and analysing a sustainable investment portfolio. You’ll have access to our Bloomberg virtual trading terminals to develop your practical skills. You’ll also construct an investment portfolio aligned to sustainable investing principles. 

This will include focusing on practical aspects of portfolio management, including establishing key performance metrics, risk measurement and fundamental analysis.
 

Contemporary Issues in Finance

This module provides an opportunity for students to investigate the forces shaping the contemporary financial system. A variety of issues will be examined, taking the financial turmoil of 2007-2008 as a starting point. The emphasis will be on both the underlying causes of recent financial developments and the more general implications of these for our understanding of finance and on the possibilities open to regulatory authorities, companies, investors and other interested groups to respond to these developments.
 

Please note: As our courses are reviewed regularly as part of our quality assurance framework, the modules you can choose from may vary from those shown here. The structure of the course may also mean some modules are not available to you.

Download course structure chart

Careers

We give you lots of support throughout your degree. Part of that means talking about your career aspirations and helping you choose the right modules to build up your skills. Because of this, you’ll be an attractive prospect for many employers all over the world.

Graduates from our economics programmes are now working in roles and organisations like:

  • assurance associate at PwC
  • equity sales at UBS
  • economist at HM Revenue & Customs
  • tax manager at KPMG
  • analyst at the NHS
  • product analyst at Jaguar Land Rover
  • fund analyst at Schroders
  • financial crime analyst at Natwest
  • consultant at Thomson Reuters
  • analyst at BNP Paribas
  • financial analyst at Rolls-Royce
  • graduate project manager at UK Power Networks.

Some of our students decide to carry on their studies with a master’s or PhD at leading universities across the world.

Entry requirements

Wherever possible we make our conditional offers using the UCAS Tariff. The combination of A-level grades listed here would be just one way of achieving the UCAS Tariff points for this course.

Standard offer

UCAS Tariff Points: 128

A Level: ABB

IB Points: 32

BTEC: DDM

Further offer details

Applications are also welcomed for consideration from applicants with European qualifications, international qualifications or recognised foundation courses. For advice on eligibility please contact Admissions: admissions@brookes.ac.uk

If you don’t achieve the required tariff points you can apply to join a foundation course, like Foundation in Business or an international foundation course to help to reach the required level for entry onto this degree.

International qualifications and equivalences

Tuition fees

Please see the fees note
Home (UK) full time
£9,250

Home (UK) part time
£1,155 per single module

Home (UK) sandwich (placement)
£1,600

International full time
£16,300

International sandwich (placement)
£1,600

Home (UK) full time
£9,250

Home (UK) part time
£1,155 per single module

Home (UK) sandwich (placement)
£1,700

International full time
£17,100

International sandwich (placement)
£1,700

Questions about fees?

Contact Student Finance on:

Tuition fees

2024 / 25
Home (UK) full time
£9,250

Home (UK) part time
£1,155 per single module

Home (UK) sandwich (placement)
£1,600

International full time
£16,300

International sandwich (placement)
£1,600

2025 / 26
Home (UK) full time
£9,250

Home (UK) part time
£1,155 per single module

Home (UK) sandwich (placement)
£1,700

International full time
£17,100

International sandwich (placement)
£1,700

Questions about fees?

Contact Student Finance on:

+44 (0)1865 534400

financefees@brookes.ac.uk

Please note, tuition fees for Home students may increase in subsequent years both for new and continuing students in line with an inflationary amount determined by government. Oxford Brookes University intends to maintain its fees for new and returning Home students at the maximum permitted level.

Tuition fees for International students may increase in subsequent years both for new and continuing students. 

The following factors will be taken into account by the University when it is setting the annual fees: inflationary measures such as the retail price indices, projected increases in University costs, changes in the level of funding received from Government sources, admissions statistics and access considerations including the availability of student support. 

How and when to pay

Tuition fee instalments for the semester are due by the Monday of week 1 of each semester. Students are not liable for full fees for that semester if they leave before week 4. If the leaving date is after week 4, full fees for the semester are payable.

  • For information on payment methods please see our Make a Payment page.
  • For information about refunds please visit our Refund policy page

Additional costs

Please be aware that some courses will involve some additional costs that are not covered by your fees. Specific additional costs for this course are detailed below.

Information from Discover Uni

Full-time study

Part-time study

Programme changes:
On rare occasions we may need to make changes to our course programmes after they have been published on the website. For more information, please visit our changes to programmes page.