Explore the fundamental microeconomic concepts and principles and some of the essential mathematical techniques used in economic analysis. You'll gain knowledge of modern microeconomic theories and methods, the ability to apply those methods to analyse government policies, and be able to understand and apply relevant mathematical methods.
Develop an understanding of responsible business objectives and functions. During this module, you'll explore the role of finance, accounting, and the accountancy profession. Using the PESTLE framework, you'll analyse the environment in which responsible businesses operate by identifying the key external factors (political, economic, social, technological, legal, and environmental) that influence decision-making in the modern economy. By the end of the module, you'll be able to identify the role governance plays in managing a business. You'll also demonstrate how a business can promote an ethical culture, including the importance of sustainability and its impact on the economic environment in which it operates.
This module is designed to strengthen your academic scholarship and critical thinking, providing essential support for your work in concurrent subject modules. You'll begin developing the core knowledge, practical skills, and professional behaviours expected of economics practitioners, while also honing your research capabilities for both academic study and real-world application.
This module will help you to understand contemporary economic and political debates. You'll explore the origins of these different perspectives / world views / ideologies and what the different views mean when we look at real world issues in economics and finance.
Gain an overview of macroeconomics by exploring and debating issues such as unemployment, exchange rates, economic growth and inflation, among others. You'll understand the role of fiscal and monetary policy and the need for a stable macroeconomic environment for business.
Develop your understanding of the financial information managers use to evaluate business performance and make informed decisions. You'll learn how to interpret key financial statements, including the statement of financial position, statement of comprehensive income, and cash flow statement, using published annual accounts from real companies. You'll also explore management accounting techniques and learn how financial information can support business planning and decision-making. Applying these tools to investment opportunities and real-world business scenarios, you'll develop the financial awareness to understand how organisations perform and make effective commercial decisions.
Learn to create, manipulate, and interpret business data using fundamental mathematical methods. Starting with basic concepts, you'll explore elementary matrix theory, differentiation, and integration. As you progress, you'll deepen your understanding of powers, roots, logarithms, and simple algebraic functions. You'll develop the skills to solve linear and quadratic equations, as well as systems of equations. By the end of the module, you'll grasp the concept of integration and its role as the reverse process of differentiation.
Create, manipulate, and interpret business data using the appropriate basic statistical methods. This module covers measures of dispersion, probability, probability distributions, sampling, hypothesis testing, simple and multiple regression, and time series forecasting. You'll learn how to calculate and interpret measures of central tendency and spread for numerical data. Upon completion, you'll be able to analyse and solve problems involving uncertainty using appropriate probability distributions. Additionally, you'll develop an understanding of sampling techniques and appreciate the significance of the Central Limit Theorem.