Course Information

BSc (Hons)

BSc (Hons)

Select year of entry:
3-4 years Lincoln Business School Lincoln Campus [L] Validated BCC (or equivalent qualifications) L100 3-4 years Lincoln Business School Lincoln Campus [L] Validated BBC (112 UCAS Tariff points) (or equivalent qualifications) L100

Introduction

This degree aims to equip students with the tools and framework to analyse economic issues, as well as the skills necessary to explore and analyse new issues as they emerge in the current dynamic economic environment.

Topics such as unemployment, inflation house prices and poverty are hotly debated in the media today. Studying Economics at Lincoln gives students the opportunity to develop their awareness of the integrated and multidisciplinary nature of economics around the world.

Fundamental to the subject is a commitment to fostering respect for good academic practice and standards, as well as the confidence to challenge established wisdom.

Is This Course Right For Me?

Economics is a lens through which the world can be analysed. Students should have a good grasp of analytical methods and an ability to see the world from a variety of perspectives.

How You Study

The first year of this course introduces core micro, macro and international economics, together with modules in econometric analysis to give students the opportunity to develop expertise in the statistical techniques used to analyse and interpret economic data.

Intermediate micro and macroeconomics are studied in the second year and are prerequisites for the advanced modules which are covered in year three.

A range of optional modules in the second and third years are designed to and enable students to tailor their learning in line with their interests and career aspirations.

In addition, there is the opportunity to take a year-long work placement after the second year. A work placement can allow students to gain valuable experience and apply their learning in practice. More details regarding the potential costs associated with these placements are outlined in the Features tab.

Contact Hours and Independent Study

Contact hours may vary for each year of a degree. When engaging in a full-time degree students should, at the very least, expect to undertake a minimum of 37 hours of study each week during term time (including independent study) in addition to potentially undertaking assignments outside of term time. The composition and delivery for the course breaks down differently for each module and may include lectures, seminars, workshops, independent study, practicals, work placements, research and one-to-one learning.

University-level study involves a significant proportion of independent study, exploring the material covered in lectures and seminars. As a general guide, for every hour in class students are expected to spend two - three hours in independent study.

On each of our course pages you can find information on typical contact hours, modes of delivery and a breakdown of assessment methods. Where available, you will also be able to access a link to Unistats.com, where the latest data on student satisfaction and employability outcomes can be found.

How You Are Assessed

The course combines a range of assessment methods.

Assessment Feedback

The University of Lincoln's policy on assessment feedback aims to ensure that academics will return in-course assessments to students promptly – usually within 15 working days after the submission date (unless stated differently above)..

Methods of Assessment

The way students will be assessed on this course will vary for each module. It could include coursework, such as a dissertation or essay, written and practical exams, portfolio development, group work or presentations to name some examples.

For a breakdown of assessment methods used on this course and student satisfaction, please visit the Unistats website, using the link at the bottom of this page.

Throughout this degree, students may receive tuition from professors, senior lecturers, lecturers, researchers, practitioners, visiting experts or technicians, and they may be supported in their learning by other students.

Staff

Throughout this degree, students may receive tuition from professors, senior lecturers, lecturers, researchers, practitioners, visiting experts or technicians, and they may be supported in their learning by other students.

For a comprehensive list of teaching staff, please see our Lincoln Business School Staff Pages.

Entry Requirements 2017-18

GCE Advanced Levels: BCC

International Baccalaureate: 28 points overall

BTEC Extended Diploma: Distinction, Merit, Merit

Access to Higher Education Diploma: A minimum of 45 level 3 credits at merit or above will be required.

Applicants will also be required to have at least five GCSEs at grade C or above (or the equivalent), to include GCSE English C and Maths Grade B.

The programme begins with a grounding in economic principles and does not require you to have Economics or Mathematics A Level when you join. Exemptions from some foundation level modules may be available for candidates with good Economics or Mathematics A Level grades.

International application are welcome with minimum English Language of IELTS 6.

The University of Lincoln offers international students (non EU/UK) who do not meet the direct entry requirements for an undergraduate degree course the option of completing a degree preparation programme at the University’s International Study Centre. To find out more please visit www.lincoln.ac.uk/isc

Level 1

Analysis of Business Data (Core)

This module aims to introduce some quantitative techniques fundamental to the analysis of business data. It seeks to promote a critical awareness and understanding of some of the processes, techniques and technology by which numerical information can be collected and communicated. Students have the opportunity to practice the systematic use of appropriate industry-standard computer technology for the acquisition, analysis and presentation of data (for example, Excel or SPSS).

Introduction to Accountancy and Finance (Core)

This module aims to introduce students to the nature and mechanics of financial information. This is done in a manner which encourages a critical reflection upon the construction and uses of such information. Both management and financial accounting are considered. In particular, students can be introduced to the detail of double entry book keeping and the associated financial reports of sole traders, partnerships, limited companies (including those in a manufacturing environment) and simple not for profit organisations.

The module aims to examine the role of financial information for the variety of possible users and explore the different, often conflicting needs of these groups.

Introduction to Business Law (Option)

This module aims to serve as an introduction to the English legal system and English contract law. The module is designed to give students the opportunity to develop a basic understanding of contract issues in England and seeks to enable students to appreciate when a legally binding agreement comes into existence, the obligations involved and the consequences of breaking such agreements.

Contract law underpins a company’s dealings with its customers, employees and suppliers. It is important that students appreciate the legal context in which everyday business decisions are made.

Mathematics for Economics and Finance (Core)

It is impossible to read or practice modern economics without an understanding of mathematics and the mathematical methods applied in the literature. The purpose of this module is to provide students with an opportunity to further develop an understanding of mathematical methods and to enable them to use mathematics in a series of economics applications.

Principles of Economics (Option)

This module aims to provide the non-Economist with an amalgam of economic theory and contemporary comment which seeks to prepare them for a further study in Economics. The module is designed to provide students with the opportunity to develop a grounding in basic tools and concepts. It aims to provide ideas about labour markets and market structure, inflation and deflation, growth and stagnation and balance of payment issues and exchange rates. Through following issues in the Financial Times the emphasis is placed on applying the concepts delivered to the issues of the day.

Principles of Marketing (Option)

This module of the programme is designed for students who have little or no marketing knowledge. The aim is to familiarise students with the key concepts and issues of marketing, giving them a thorough grasp of the sort of marketing decisions there are to be made and what factors affect them.

Statistics for Economics and Finance (Core)

This module aims to develop an appreciation and understanding of the theoretical and practical issues in the application of statistical methods in decision making. The module is designed to support students’ preparation for Econometrics modules and seeks to contribute to students’ development of critical analytical skills necessary for their final year research projects.

The module aims to incorporate the use of lectures to deliver key aspects of theory and statistical concepts. Computer based practical sessions provide students with the opportunity to apply the statistical tools introduced in the lectures to real world data or problems.

Level 2

Competition and Regulation (Option)

This module explores some key areas of microeconomic policy for business. At its heart it is a consideration of competition theory and industrial structure. This informs the analysis of competition policy in sectors, such as telecoms and airlines. This is extended to a consideration of injecting competition into the state sector. Other areas of state intervention are explored where activities are taxes; prices are regulated; or industry is incentivised to relocate. Throughout, concepts and applications are made relevant to real world examples.

Economics of Inequality and Poverty (Option)

This modules is designed to analyse inequality and poverty from an economic perspective. Key topics include: the measurement of inequality and poverty using socio-economic data, changes in poverty and inequality over time, the causes and consequences of high economic inequality, policies for combating poverty.

Fundamentals of Econometrics (Core)

This module is designed to introduce the principles and methods for statistical and econometric modeling. It provides students with the opportunity to develop the fundamental skills of using econometrics software packages that are essential for students who wish to pursue further studies or a professional career in economics, finance or related disciplines. Real-world data can be used in this module to help students to develop problem-solving skills.

History of Economic Thought (Core)

The module is designed to provide an overview of the development of political economy and its evolution into the subject of economics from the 18th Century onward. It seeks to introduce key figures in the history of economics and their classic texts, and through giving students an opportunity to develop an understanding of the historical contexts in which they developed their ideas, aims to enable the concepts and models used in other economics modules to be analysed more thoroughly.

Intermediate Macroeconomics (Core)

The purpose of this module is to provide students with the opportunity to develop an understanding of macroeconomic theory and macroeconomic policies which are crucial for efficient functioning of an economy. Students have the chance to examine thoroughly macroeconomic theories and policies of a market economy in both closed and open economy contexts.

In order to conceptualise at the level of the macroeconomy, this course provides students with the opportunity to develop the tools of modern macroeconomic theory in the context of the global economy and aims to explain the determination of aggregate output; of employment and prices; the tools of monetary and fiscal policy used by governments to fight inflation and unemployment and to promote growth in the economy.

Intermediate Microeconomics (Core)

The aim of this module is to provide students with an opportunity to develop a theoretical underpinning for the final level economics modules. The module examines the theory of the consumer behaviour, the theory of the firm, and the action of firms in differing market structures. The module ends with an analysis of general equilibrium. The module emphasises the use of diagrams and reasoning in the analysis of microeconomic problems and solutions that affects consumers, producers and policy-makers.

International Economics (Option)

This module aims to provide students with the opportunity to develop knowledge of the gains to be made from trading internationally. It focuses also on the gains to be made from economic integration and the globalisation process. The module also seeks to examine the main patterns of trade and exchange and aims to demonstrate how free trade can be influenced by government and the future risks of protectionism.

Macroeconomic Environment for Business (Option)

This module provides an opportunity for students to extend their understanding of macroeconomics. It emphasises the role of macroeconomics as an applied discipline, focusing on issues facing the world’s economies featured in the Financial Times. By the end students are expected to be able to use the techniques learned to interpret changing macroeconomic aggregates, events and policies.

Research Methods (Option)

This Research Methods and Design module is designed to prepare students for undertaking the research for the Independent Study. It reviews core principles of the research methods they are likely to utilise in their research. The chosen method should provide the structure form the basis of research design, and the structure of the of Independent Study submission.

Level 3

Advanced Econometrics I (Cross-sectional and Panel Data Analysis) (Core)

This module aims to build on Fundamentals of Econometrics and seeks to look at further and advanced topics in econometric analysis. The module aims to provide students with the opportunity to further their econometric modeling skills by using real-world empirical applications in the fields related to economics, finance, and rural and urban economics.

The topics covered aim to reflect the development of contemporary applied econometrics. These topics include time series regression, cross-sectional and panel data regression, instrumental variables regression, experiments and quasi-experiments, and discrete choice model.

Advanced Econometrics II (Time-Series) (Core)

The module seeks to provide students with the opportunity to develop an understanding of recent advances in econometrics for testing theories in economics and finance. It aims to develop the technical skills necessary to pursue a wide range of empirical research in economics and finance and offers the opportunity to develop some advanced time series skills.

Advanced Macroeconomics (Core)

This module aims to provide students with the baseline models and methods in modern macroeconomics necessary for advanced analysis. Skills can be developed in analysing major macroeconomic theories and their policy implications.

Advanced Microeconomics (Core)

This module aims to provide students with more analytical and critical treatment of the topics than intermediate microeconomics. Using advanced techniques, including mathematical analysis, models are developed to explain the behaviour of individual economic agents in competitive and other types of markets.

Behavioural Finance and Economics (Option)

This module aims to widen the concepts and motivations in understanding the economic activities of agents, and develops an appreciation of why these are different from standard/neo-classical economics.

The module draws on the recent research from the area of behavioural finance, biology and psychology to present a foundation, upon which to build a more critical understanding of the rational economics foundations. The module covers alternative modus operandi for economic interactions, such as Prospect Theory and other models.

The module investigates situations and the assumptions about behaviour which gives rise to certain behavioural biases, which constitute observable phenomena. These are then generalised to the “probable effects” on markets.

Economic Analysis of the Inter-war Years (Option)

This module aims to analyse the experience of three major industrial economies, the UK, the USA and Germany, between the two world wars. The period was one of extremes, in the 1920s the British economy stagnated while Germany experienced hyperinflation and United States enjoyed a prolonged boom ending with the Wall Street Crash of 1929. The 1930s saw the great depression engulf all three countries, the birth of Keynesian economics and governments playing an increasingly active role in the economy. The module is designed to examine economic debates of the time, analyse government responses to the changing economic environment and consider the policy legacy of the period.

Economic Policy Analysis (Core)

This module provides students with an opportunity to explore the way in which economic theory and evidence can be used to analyse policy issues. The process by which economic policy is made given the choices that are available can be explored. The module aims to make students aware of the difficulties that the policy diviner faces when seeking to forge acceptable trade-offs in a world of diverse, competing interests.

†The availability of optional modules may vary from year to year and will be subject to minimum student numbers being achieved. This means that the availability of specific optional modules cannot be guaranteed. Optional module selection may also be affected by staff availability.

Placements

Students have the opportunity to take a year-long work placement after the second year. A work placement can allow students to gain valuable experience and apply their learning in practice. Please note that students who choose to undertake a work placement do not pay tuition fees for that year, but are required to cover their travel, accommodation and general living costs.

There are also opportunities for relevant work experience and career development as part of the degree course itself, as well as through various other Lincoln Business School and University schemes. For more information about this please visit:

http://www.lincoln.ac.uk/home/lbs/workplacements/

Student as Producer

Student as Producer is a model of teaching and learning that encourages academics and undergraduate students to collaborate on research activities. It is a programme committed to learning through doing.

The Student as Producer initiative was commended by the QAA in our 2012 review and is one of the teaching and learning features that makes the Lincoln experience unique.

Facilities

This course is taught in the award-winning David Chiddick Building, which provides dedicated teaching and learning spaces and comprises lecture theatres, workshop rooms, IT laboratories and a cafe. Software including Stata, EViews and SPSS is available for students to use, as well as Datastream, the source of financial and economic data, and FT.com

At Lincoln, we constantly invest in our campus as we aim to provide the best learning environment for our undergraduates. Whatever the area of study, the University strives to ensure students have access to specialist equipment and resources, to develop the skills, which they may need in their future career.

View our campus pages [www.lincoln.ac.uk/home/campuslife/ourcampus/] to learn more about our teaching and learning facilities.

Career Opportunities

This course gives students the opportunity to develop the research, analytical, critical-thinking and problem-solving skills relevant to roles in market-focused areas such as forecasting, financial analysis, banking, insurance and accountancy.

Career opportunities also exist in management or as a professional economist, working for a government department or a consultancy. Some graduates may choose to go on to study further for a Master's or doctoral qualification.

Careers Service

The University Careers and Employability Team offer qualified advisors who can work with students to provide tailored, individual support and careers advice during their time at the University. As a member of our alumni we also offer one-to-one support in the first year after completing a course, including access to events, vacancy information and website resources; with access to online vacancies and virtual resources for the following two years.

This service can include one-to-one coaching, CV advice and interview preparation to help you maximise our graduates future opportunities.

The service works closely with local, national and international employers, acting as a gateway to the business world.

Visit our Careers Service pages for further information. [http://www.lincoln.ac.uk/home/campuslife/studentsupport/careersservice/]

Additional Costs

For each course students may find that there are additional costs. These may be with regard to the specific clothing, materials or equipment required, depending on their subject area. Some courses provide opportunities for students to undertake field work or field trips. Where these are compulsory, the cost for the travel, accommodation and meals may be covered by the University and so is included in the fee. Where these are optional students will normally (unless stated otherwise) be required to pay their own transportation, accommodation and meal costs.

With regards to text books, the University provides students who enrol with a comprehensive reading list and our extensive library holds either material or virtual versions of the core texts that students are required to read. However, students may prefer to purchase some of these for themselves and will therefore be responsible for this cost. Where there may be exceptions to this general rule, information will be displayed in a section titled Other Costs below.

Related Courses

Lincoln’s Accountancy and Finance degree aims to equip students with a vocationally relevant and academically rigorous education in a programme which also offers the opportunity for exemptions from a number of the professional accountancy bodies. The programme provides the chance to develop practical and theoretical skills in both the nature and mechanics of financial information.
Lincoln’s Banking and Finance MFin programme is aimed at those who aspire to pursue a career in the financial sector in roles such as securities analyst, financial or investment manager or private, commercial or investment banker.
Lincoln’s Banking and Finance degree is aimed at those who aspire to a career in the financial sector in roles such as securities analyst, financial or investment manager, or as a private, commercial or investment banker.
The BA (Hons) Business Economics degree at Lincoln has been designed to provide a theoretical understanding of the economic decisions faced by business in market economies, with a focus on a practical application within national and international settings.
The BA (Hons) Business and Finance degree at Lincoln aims to equip students with the tools and knowledge to operate in a range of business environments, and to develop a broad understanding of business and finance from an international perspective.
The MEcon Economics and Finance degree at Lincoln offers a combination of core economics and finance topics enabling students to develop into economists with a specialism. These aim to equip students with the skills to analyse financial and economic events and their impact on markets.
The BSc (Hons) Economics and Finance degree at Lincoln offers a combination of core economics and finance topics enabling students to develop into economists with a specialism. The programme aims to equip students with the skills to analyse financial and economic events and their impact on markets.

Introduction

This degree aims to equip students with the tools and frameworks to analyse economic issues, as well as the skills necessary to explore and analyse new issues as they emerge in the current dynamic economic environment.

Topics such as unemployment, inflation house prices and poverty are hotly debated in the media today. Studying Economics at Lincoln gives students the opportunity to develop their awareness of the integrated and multidisciplinary nature of economics around the world.

Fundamental to the subject is a commitment to fostering respect for good academic practice and standards, as well as the confidence to challenge established wisdom.

Is This Course Right For Me?

Economics is a lens through which the world can be analysed. Students should have a good grasp of analytical methods and an ability to see the world from a variety of perspectives.

How You Study

The first year of this course introduces core micro, macro and international economics, together with modules in econometric analysis to give students the opportunity to develop expertise in the statistical techniques used to analyse and interpret economic data.

Intermediate micro and macroeconomics are studied in the second year and are prerequisites for the advanced modules which are covered in year three.

A range of optional modules in the second and third years are designed to and enable students to tailor their learning in line with their interests and career aspirations.

In addition, there is the opportunity to take a year-long work placement after the second year. A work placement can allow students to gain valuable experience and apply their learning in practice. More details regarding the potential costs associated with these placements are outlined in the Features tab.

Contact Hours

Level 1:

At level one students will typically have around 14 hours of contact time per week. A typical week may consist of:

  • 1 hour of tutorial time
  • 5 hours in seminars
  • 8 hours in lectures


Level 2:

At level two students will typically have around 13 hours of contact time per week. A typical week may consist of:

  • 1 hour of tutorial time
  • 4 hours in seminars
  • 8 hours in lectures


Level 3:

At level three students will typically have around 11 hours of contact time per week. A typical week may consist of:

  • 1 hour of project supervision
  • 2 hours of tutorial time
  • 4 hours in seminars
  • 4 hours in lectures


Overall Workload and Independent Study

University-level study involves a significant proportion of independent study, exploring the material covered in lectures and seminars. Students’ overall workload will consist of their scheduled contact hours combined with independent study. The expected level of independent study is detailed below.

Level 1:

  • Total scheduled teaching and learning hours: 315
  • Percentage scheduled teaching and learning hours: 26%
  • Percentage of independent study expected: 74%


Level 2:

  • Total scheduled teaching and learning hours: 299
  • Percentage scheduled teaching and learning hours: 25%
  • Percentage of independent study expected: 75%


Level 3:

  • Total scheduled teaching and learning hours: 187.8
  • Percentage scheduled teaching and learning hours: 16%
  • Percentage of independent study expected: 84%

Contact Hours and Independent Study

Contact hours may vary for each year of a degree. When engaging in a full-time degree students should, at the very least, expect to undertake a minimum of 37 hours of study each week during term time (including independent study) in addition to potentially undertaking assignments outside of term time. The composition and delivery for the course breaks down differently for each module and may include lectures, seminars, workshops, independent study, practicals, work placements, research and one-to-one learning.

University-level study involves a significant proportion of independent study, exploring the material covered in lectures and seminars. As a general guide, for every hour in class students are expected to spend two - three hours in independent study.

On each of our course pages you can find information on typical contact hours, modes of delivery and a breakdown of assessment methods. Where available, you will also be able to access a link to Unistats.com, where the latest data on student satisfaction and employability outcomes can be found.

How You Are Assessed

The way students will be assessed on this course will vary for each module. It could include coursework, such as a dissertation or essay, written and practical exams, portfolio development, group work or presentations to name some examples.

Assessment Breakdown

Level 1:

Coursework: 41.64%
Practical exams: 3.64%
Written exams: 54.73%

Level 2:

Coursework: 60%
Practical exams: 0%
Written exams: 40%

Level 3:

Coursework: 76.1%
Practical exams: 2.2%
Written exams: 21.7%

Assessment Feedback

The University of Lincoln's policy on assessment feedback aims to ensure that academics will return in-course assessments to students promptly – usually within 15 working days after the submission date (unless stated differently above)..

Methods of Assessment

The way students will be assessed on this course will vary for each module. It could include coursework, such as a dissertation or essay, written and practical exams, portfolio development, group work or presentations to name some examples.

For a breakdown of assessment methods used on this course and student satisfaction, please visit the Unistats website, using the link at the bottom of this page.

Throughout this degree, students may receive tuition from professors, senior lecturers, lecturers, researchers, practitioners, visiting experts or technicians, and they may be supported in their learning by other students.

Staff

Throughout this degree, students may receive tuition from professors, senior lecturers, lecturers, researchers, practitioners, visiting experts or technicians, and they may be supported in their learning by other students.

For a comprehensive list of teaching staff, please see our Lincoln Business School Staff Pages.

Entry Requirements 2018-19

GCE Advanced Levels: BBC

International Baccalaureate: 29 points overall

BTEC Extended Diploma: Distinction, Merit, Merit

Access to Higher Education Diploma: A minimum of 45 level 3 credits to include 30 at merit or above.

Applicants will also be required to have at least three GCSEs at grade C or above (or the equivalent), to include GCSE English C and Maths Grade B.

The programme begins with a grounding in economic principles and does not require you to have Economics or Mathematics A Level when you join. Exemptions from some foundation level modules may be available for candidates with good Economics or Mathematics A Level grades.

International application are welcome with minimum English Language of IELTS 6.

The University of Lincoln offers international students (non EU/UK) who do not meet the direct entry requirements for an undergraduate degree course the option of completing a degree preparation programme at the University’s International Study Centre. To find out more please visit www.lincoln.ac.uk/isc

Level 1

Analysis of Business Data (Core)

This module aims to introduce some quantitative techniques fundamental to the analysis of business data. It seeks to promote a critical awareness and understanding of some of the processes, techniques and technology by which numerical information can be collected and communicated. Students have the opportunity to practice the systematic use of appropriate industry-standard computer technology for the acquisition, analysis and presentation of data (for example, Excel or SPSS).

Introduction to Accountancy and Finance (Core)

This module aims to introduce students to the nature and mechanics of financial information. This is done in a manner which encourages a critical reflection upon the construction and uses of such information. Both management and financial accounting are considered. In particular, students can be introduced to the detail of double entry book keeping and the associated financial reports of sole traders, partnerships, limited companies (including those in a manufacturing environment) and simple not for profit organisations.

The module aims to examine the role of financial information for the variety of possible users and explore the different, often conflicting needs of these groups.

Mathematics for Economics and Finance (Core)

It is impossible to read or practice modern economics without an understanding of mathematics and the mathematical methods applied in the literature. The purpose of this module is to provide students with an opportunity to further develop an understanding of mathematical methods and to enable them to use mathematics in a series of economics applications.

Principles of Economics (Option)

This module aims to provides the non-Economist with with an amalgam of economic theory and contemporary comment which prepares them for a further study in Economics. There is a grounding in basic tools and concepts. It provides ideas about labour markets and market structure, the market, inflation and deflation, growth and stagnation and balance of payment issues and exchange rates.

Principles of Marketing (Option)

This module is designed to provide an introduction to the theory and practice of marketing. Students will have the chance to examine the key concepts and issues of marketing.

Statistics for Economics and Finance (Core)

This module aims to develop an appreciation and understanding of the theoretical and practical issues in the application of statistical methods in decision making. The module is designed to support students’ preparation for Econometrics modules and seeks to contribute to students’ development of critical analytical skills necessary for their final year research projects.

The module aims to incorporate the use of lectures to deliver key aspects of theory and statistical concepts. Computer based practical sessions provide students with the opportunity to apply the statistical tools introduced in the lectures to real world data or problems.

Level 2

Competition and Regulation (Option)

This module explores some key areas of microeconomic policy for business. At its heart it is a consideration of competition theory and industrial structure. This informs the analysis of competition policy in sectors, such as telecoms and airlines. This is extended to a consideration of injecting competition into the state sector. Other areas of state intervention are explored where activities are taxes; prices are regulated; or industry is incentivised to relocate. Throughout, concepts and applications are made relevant to real world examples.

Economics of Inequality and Poverty (Option)

This modules is designed to analyse inequality and poverty from an economic perspective. Key topics include: the measurement of inequality and poverty using socio-economic data, changes in poverty and inequality over time, the causes and consequences of high economic inequality, policies for combating poverty.

Fundamentals of Econometrics (Core)

This module is designed to introduce the principles and methods for statistical and econometric modeling. It provides students with the opportunity to develop the fundamental skills of using econometrics software packages that are essential for students who wish to pursue further studies or a professional career in economics, finance or related disciplines. Real-world data can be used in this module to help students to develop problem-solving skills.

History of Economic Thought (Core)

The module is designed to provide an overview of the development of political economy and its evolution into the subject of economics from the 18th Century onward. It seeks to introduce key figures in the history of economics and their classic texts, and through giving students an opportunity to develop an understanding of the historical contexts in which they developed their ideas, aims to enable the concepts and models used in other economics modules to be analysed more thoroughly.

Intermediate Macroeconomics (Core)

The purpose of this module is to provide students with the opportunity to develop an understanding of macroeconomic theory and macroeconomic policies which are crucial for efficient functioning of an economy. Students have the chance to examine thoroughly macroeconomic theories and policies of a market economy in both closed and open economy contexts.

In order to conceptualise at the level of the macroeconomy, this course provides students with the opportunity to develop the tools of modern macroeconomic theory in the context of the global economy and aims to explain the determination of aggregate output; of employment and prices; the tools of monetary and fiscal policy used by governments to fight inflation and unemployment and to promote growth in the economy.

Intermediate Microeconomics (Core)

The aim of this module is to provide students with an opportunity to develop a theoretical underpinning for the final level economics modules. The module examines the theory of the consumer behaviour, the theory of the firm, and the action of firms in differing market structures. The module ends with an analysis of general equilibrium. The module emphasises the use of diagrams and reasoning in the analysis of microeconomic problems and solutions that affects consumers, producers and policy-makers.

International Economics (Option)

This module aims to provide students with the opportunity to develop knowledge of the gains to be made from trading internationally. It focuses also on the gains to be made from economic integration and the globalisation process. The module also seeks to examine the main patterns of trade and exchange and aims to demonstrate how free trade can be influenced by government and the future risks of protectionism.

Macroeconomic Environment for Business (Option)

This module provides an opportunity for students to extend their understanding of macroeconomics. It emphasises the role of macroeconomics as an applied discipline, focusing on issues facing the world’s economies featured in the Financial Times. By the end students are expected to be able to use the techniques learned to interpret changing macroeconomic aggregates, events and policies.

Research Methods (Option)

This Research Methods and Design module is designed to prepare students for undertaking the research for the Independent Study. It reviews core principles of the research methods they are likely to utilise in their research. The chosen method should provide the structure form the basis of research design, and the structure of the of Independent Study submission.

Level 3

Advanced Econometrics I (Cross-sectional and Panel Data Analysis) (Core)

This module aims to build on Fundamentals of Econometrics and seeks to look at further and advanced topics in econometric analysis. The module aims to provide students with the opportunity to further their econometric modeling skills by using real-world empirical applications in the fields related to economics, finance, and rural and urban economics.

The topics covered aim to reflect the development of contemporary applied econometrics. These topics include time series regression, cross-sectional and panel data regression, instrumental variables regression, experiments and quasi-experiments, and discrete choice model.

Advanced Econometrics II (Time-Series) (Core)

The module seeks to provide students with the opportunity to develop an understanding of recent advances in econometrics for testing theories in economics and finance. It aims to develop the technical skills necessary to pursue a wide range of empirical research in economics and finance and offers the opportunity to develop some advanced time series skills.

Advanced Macroeconomics (Core)

This module aims to provide students with the baseline models and methods in modern macroeconomics necessary for advanced analysis. Skills can be developed in analysing major macroeconomic theories and their policy implications.

Advanced Microeconomics (Core)

This module aims to provide students with more analytical and critical treatment of the topics than intermediate microeconomics. Using advanced techniques, including mathematical analysis, models are developed to explain the behaviour of individual economic agents in competitive and other types of markets.

Behavioural Finance and Economics (Option)

This module aims to widen the concepts and motivations in understanding the economic activities of agents, and develops an appreciation of why these are different from standard/neo-classical economics.

The module draws on the recent research from the area of behavioural finance, biology and psychology to present a foundation, upon which to build a more critical understanding of the rational economics foundations. The module covers alternative modus operandi for economic interactions, such as Prospect Theory and other models.

The module investigates situations and the assumptions about behaviour which gives rise to certain behavioural biases, which constitute observable phenomena. These are then generalised to the “probable effects” on markets.

Economic Analysis of the Inter-war Years (Option)

This module aims to analyse the experience of three major industrial economies, the UK, the USA and Germany, between the two world wars. The period was one of extremes, in the 1920s the British economy stagnated while Germany experienced hyperinflation and United States enjoyed a prolonged boom ending with the Wall Street Crash of 1929. The 1930s saw the great depression engulf all three countries, the birth of Keynesian economics and governments playing an increasingly active role in the economy. The module is designed to examine economic debates of the time, analyse government responses to the changing economic environment and consider the policy legacy of the period.

Economic Policy Analysis (Core)

This module provides students with an opportunity to explore the way in which economic theory and evidence can be used to analyse policy issues. The process by which economic policy is made given the choices that are available can be explored. The module aims to make students aware of the difficulties that the policy diviner faces when seeking to forge acceptable trade-offs in a world of diverse, competing interests.

†The availability of optional modules may vary from year to year and will be subject to minimum student numbers being achieved. This means that the availability of specific optional modules cannot be guaranteed. Optional module selection may also be affected by staff availability.

Placements

Students have the opportunity to take a year-long work placement after the second year. A work placement can allow students to gain valuable experience and apply their learning in practice. Please note that students who choose to undertake a work placement do not pay tuition fees for that year, but are required to cover their travel, accommodation and general living costs.

There are also opportunities for relevant work experience and career development as part of the degree course itself, as well as through various other Lincoln Business School and University schemes. For more information about this please visit:

http://www.lincoln.ac.uk/home/lbs/workplacements/

Student as Producer

Student as Producer is a model of teaching and learning that encourages academics and undergraduate students to collaborate on research activities. It is a programme committed to learning through doing.

The Student as Producer initiative was commended by the QAA in our 2012 review and is one of the teaching and learning features that makes the Lincoln experience unique.

Facilities

This course is taught in the award-winning David Chiddick Building, which provides dedicated teaching and learning spaces and comprises lecture theatres, workshop rooms, IT laboratories and a cafe.

Software including Stata, EViews and SPSS is available for students to use, as well as Datastream, the source of financial and economic data, and FT.com.

At Lincoln, we constantly invest in our campus as we aim to provide the best learning environment for our undergraduates. Whatever the area of study, the University strives to ensure students have access to specialist equipment and resources, to develop the skills, which they may need in their future career.

View our campus pages [www.lincoln.ac.uk/home/campuslife/ourcampus/] to learn more about our teaching and learning facilities.

Career Opportunities

This course gives students the opportunity to develop the research, analytical, critical-thinking and problem-solving skills relevant to roles in market-focused areas such as forecasting, financial analysis, banking, insurance and accountancy.

Career opportunities also exist in management or as a professional economist, working for a government department or a consultancy.

Careers Service

The University Careers and Employability Team offer qualified advisors who can work with students to provide tailored, individual support and careers advice during their time at the University. As a member of our alumni we also offer one-to-one support in the first year after completing a course, including access to events, vacancy information and website resources; with access to online vacancies and virtual resources for the following two years.

This service can include one-to-one coaching, CV advice and interview preparation to help you maximise our graduates future opportunities.

The service works closely with local, national and international employers, acting as a gateway to the business world.

Visit our Careers Service pages for further information. [http://www.lincoln.ac.uk/home/campuslife/studentsupport/careersservice/]

Additional Costs

For each course students may find that there are additional costs. These may be with regard to the specific clothing, materials or equipment required, depending on their subject area. Some courses provide opportunities for students to undertake field work or field trips. Where these are compulsory, the cost for the travel, accommodation and meals may be covered by the University and so is included in the fee. Where these are optional students will normally (unless stated otherwise) be required to pay their own transportation, accommodation and meal costs.

With regards to text books, the University provides students who enrol with a comprehensive reading list and our extensive library holds either material or virtual versions of the core texts that students are required to read. However, students may prefer to purchase some of these for themselves and will therefore be responsible for this cost. Where there may be exceptions to this general rule, information will be displayed in a section titled Other Costs below.

Related Courses

Lincoln’s Accountancy and Finance degree aims to equip students with a vocationally relevant and academically rigorous education in a programme which also offers the opportunity for exemptions from a number of the professional accountancy bodies. The programme provides the chance to develop practical and theoretical skills in both the nature and mechanics of financial information.
Lincoln’s Banking and Finance MFin programme is aimed at those who aspire to pursue a career in the financial sector in roles such as securities analyst, financial or investment manager or private, commercial or investment banker.
Lincoln’s Banking and Finance degree is aimed at those who aspire to a career in the financial sector in roles such as securities analyst, financial or investment manager, or as a private, commercial or investment banker.
The BA (Hons) Business Economics degree at Lincoln has been designed to provide a theoretical understanding of the economic decisions faced by business in market economies, with a focus on a practical application within national and international settings.
The BA (Hons) Business and Finance degree at Lincoln aims to equip students with the tools and knowledge to operate in a range of business environments, and to develop a broad understanding of business and finance from an international perspective.
The MEcon Economics and Finance degree at Lincoln offers a combination of core economics and finance topics enabling students to develop into economists with a specialism. These aim to equip students with the skills to analyse financial and economic events and their impact on markets.
The BSc (Hons) Economics and Finance degree at Lincoln offers a combination of core economics and finance topics enabling students to develop into economists with a specialism. The programme aims to equip students with the skills to analyse financial and economic events and their impact on markets.

Tuition Fees

2017/18 Entry UK/EUInternational
Full-time £9,250 per level
£12,800 per level
Part-time £77.00 per credit point  N/A
Placement (optional) Exempt Exempt

 

2018/19 Entry UK/EUInternational
Full-time £9,250 per level
£13,800 per level
Part-time £77.00 per credit point  N/A
Placement (optional) Exempt Exempt

The University undergraduate tuition fee may increase year on year in line with government policy. This will enable us to continue to provide the best possible educational facilities and student experience.

In 2017/18, fees for all new and continuing undergraduate UK and EU students will be £9,250.

In 2018/19, fees may increase in line with Government Policy. We will update this information when fees for 2018/19 are finalised.

Please note that not all courses are available as a part-time option.

For more information and for details about funding your study, please see our UK/EU Fees & Funding pages or our International funding and scholarship pages. [www.lincoln.ac.uk/home/studyatlincoln/undergraduatecourses/feesandfunding/] [www.lincoln.ac.uk/home/international/feesandfunding/]

The University intends to provide its courses as outlined in these pages, although the University may make changes in accordance with the Student Admissions Terms and Conditions [www.lincoln.ac.uk/StudentAdmissionsTermsandConditions].