BA (Hons)
Business Economics

Key Information


Duration

3-4 years

Typical Offer

See More

Campus

Brayford Pool

UCAS Code

L101

Academic Year

Course Overview

The ability to analyse and solve business problems in market economies is highly sought after in many types of careers, both in the UK and around the world.

BA (Hons) Business Economics at Lincoln combines topics in business and economics with the opportunity to develop the skills and problem-solving abilities needed to tackle the multi-faceted problems faced by today's business managers. The course explores business, industrial, macro-economic, and international economic contexts from an economist's analytic perspective. It enables students to develop key skills in economics, finance, and business.

The programme has been designed to provide a theoretical understanding of the economic decisions faced by businesses, with a focus on application within national and international settings. It is aimed at students who wish to study an economics degree, but who have not followed economics or mathematics at A Level, or its equivalent, and who are looking for a business-focused programme without a considerable mathematics component.

Why Choose Lincoln

Access to industry-standard Bloomberg Terminal

Hands-on experience during a work placement year

Real-world experience of the Stock Exchange

Tailor your degree with a range of optional modules

Practise real-life trading at a simulation event

A group of students working together in a seminar room

How You Study

Business Economics combines the study of economics with a wide variety of business and finance-related topics. In the first year, students can gain a solid grounding in economics, marketing, business finance, and law. This is built on in the second year, with topics including fundamental econometrics, and competition and regulation. Industries and firms are examined from an economic perspective.

During the final year, students are able to choose optional modules in finance and economics, enabling them to tailor the degree to match their individual interests and career aspirations. They have the opportunity to undertake a substantive independent research project on a topic of their choice, with guidance from their academic supervisor.

Modules


† Some courses may offer optional modules. 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.

Business Law, Governance and Ethics 2024-25ACC1003MLevel 42024-25The aim of this module is to introduce the students to the legal, ethical, and governance systems that regulate business in the United Kingdom and with its trading partners and allies. A working knowledge of law, regulation, and governance is essential in order to make any business and its management a success. Students have the opportunity to learn by inquiry into the major issues in corporate governance and law through lectures and by investigating and discussing them in seminars. Introduction to the black letter company law and application to everyday legal matters in business can give students an insight into how the law works and its role in decision making in business.CoreFinance for non-specialists 2024-25FIN1012MLevel 42024-25This module is designed to provide an introduction to basic business finance for non-specialist students. The module explores the essential elements of business finance, which are required for a career in business, in any discipline.CoreOrganisational Behaviour 2024-25MGT1022MLevel 42024-25This module is intended for students who are interested in understanding the way people work, as individuals and as group members in firms. The module explores essential topics in a clear, concise and informative manner, aiming to introduce students to the interpersonal perceptual processes in a work environment; the key behavioural factors determining effective and ineffective groups; the usefulness of theories on leadership/management styles; and the difficulties in implementing change in organisations.CorePrinciples of Economics 2024-25ECO1003MLevel 42024-25This 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.CorePrinciples of Marketing 2024-25MKT1001MLevel 42024-25This module provides an introduction to the theory and practice of marketing, as well as marketing technologies that will underpin the more specialist marketing modules at higher levels. Students are introduced to the key concepts, terminologies, and issues of marketing not only in specific businesses, but also in a broad social context. The module shows how sustainable market success can be achieved through business environment analysis and customer-centred product/services development. The module will examine the customer journey and stakeholder engagement to evaluate the impact of marketing activities on consumers, the environment, and society. Students will also benefit from gaining insights on the latest marketing thinking, trends, and techniques; learning from experienced marketing practitioners and developing creative mindset, cognitive flexibility, social and emotional intelligence to manage the plethora of opportunities and challenges that will help them to success in future world of work.CoreStatistics for Finance and Economics 2024-25ECO1028MLevel 42024-25Statistics for Finance and Economics aims to develop an appreciation and understanding of the theoretical and practical issues in the application of statistical methods in business decision making. It supports students’ preparation for using econometrics software/ packages (Excel and Stata) that are essential for students who wish to pursue further studies or a professional career in economics, finance, or related fields.CoreLincoln Student Managed Investment Fund - Year 1 2024-25FIN1014MLevel 42024-25Initiated from 2015 and officially founded in 2018, the LSMIF is set up with a structure similar to any other professionally run fund management company with students running every aspect of the fund, from CEO to analyst. It is one of only few of this kind in the United Kingdom. The fund uses money raised from donors to invest in shares of companies listed on London Stock Exchange. It is organized, run and managed the same way as an investment company in the real world. The fund has got sponsorship and advisory support from UK leading wealth management companies such as Brewin Dolphin and Mattioli Woods with senior officers from them joining the Board of Advisors. This fund gives students the opportunity to work as analysts, investment managers, CFO, CIO, CEO etc. Students also have the chances to meet, discuss and learn from experts in the field in Quarterly Investment Committee Meetings series. Students are given additional training relating to their works.OptionalCompetition and Regulation 2025-26ECO2103MLevel 52025-26This 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.CoreFundamentals of Econometrics 2025-26ECO2003MLevel 52025-26This 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.CoreHistory of Economic Thought 2025-26ECO2007MLevel 52025-26The 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.CoreInternational Economics 2025-26ECO2006MLevel 52025-26This 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.CoreMacroeconomic Environment for Business 2025-26ECO2110MLevel 52025-26This 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.CoreManagerial Economics I 2025-26ECO2204MLevel 52025-26The aim of this module is to provide students with an opportunity to develop an understanding of how economic theory can be used to aid marketing and management decision-making in businesses. The module, building upon Principles of Economics, seeks to examine applications in managerial economics at an intermediate level.CoreBudgeting for Business 2025-26FIN2142MLevel 52025-26Building on concepts from the first year module Finance for Non-Specialists, this module focuses on utilising management, accounting, and financial information for the purpose of planning business activities. In accordance with the QAA Subject Benchmark for Business and Management, the module aims to develop knowledge and understanding of the management of finance and the use of accounting and other information systems for planning, control, and decision-making.OptionalContemporary Issues in Banking 2025-26FIN2138MLevel 52025-26In the last couple of decades the banking industry was at the heart of dramatic changes, including deregulation, financial innovation and globalization. This module is designed to examine these developments and their effects on the banking sector. The module continues by providing students with the opportunity to analyse contemporary issues in banking that emerged as responses to these global developments. These issues include the provision of credit and in particular credit rationing, securitization of debt, and competition and mergers in the banking sector.OptionalFinance for Business 2025-26FIN2144MLevel 52025-26The module is designed to equip students with understanding and skills to help them deal with the financial issues they will face in whatever business discipline they eventually practise. At its conclusion, students should have a solid understanding of the key elements of financial accounting and financial management that inform and affect the manager.OptionalFinancial Markets and Institutions 2025-26FIN2139MLevel 52025-26This module is designed to make students aware of international financial markets and institutions. The need for financial markets and institutions is the underlying scope of the module and students have the opportunity to investigate this importance for their own countries.OptionalLIBS International Year Abroad 2025-26MGT2286MLevel 52025-26Lincoln International Business School (LIBS) believes that an option to study overseas is a valuable educational opportunity for our students. The optional year is intended to: - enable students to benefit from studying similar subjects within a cross cultural environment, by exposing students to a wider academic and cultural experience; - facilitate reflexivity in learning and personal and professional development; - enhance their future employment opportunities by increasing their cultural and professional mobility. This module is optional for all taught on campus undergraduate students within Lincoln International Business School. Study Abroad is a year long module which enables students to spend time studying abroad at one of the University's approved partner institutions. During the year spent abroad, students share classes with local students and study on a suite of locally-delivered taught modules which have been approved in advance by the University. As many partner institutions support internships it is anticipated that some students will elect to combine study (minimum one semester equivalent) with work and or a period of volunteering. Eligible students must have completed their second year of study to a satisfactory standard (normally with an average of a 2.2 or above, dependent upon partner requirements) standard and successfully completed the application process. Upon completion of the study period abroad, each student will be required to submit a portfolio including a reflection on the experience of living and studying in a different cultural environment and the skills acquired.OptionalLincoln Student Managed Investment Fund - Year 2 2025-26FIN2146MLevel 52025-26The LSMIF will be designed to provide students with the essential knowledge on the following main knowledge blocks - at intermediate level for Year 2: - How stock markets work and how to read financial data - Valuation techniques including cash flow projections, dividend growth modelling, and comparative analysis. - Market timing and technical analysis. - Asset allocation optimization - Quarterly investment committee meetings with experts from the industry. - Investment discussion meetings.OptionalMoney, Banking and Financial Markets 2025-26FIN2141MLevel 52025-26This module focuses upon the primary statement of roles which participants in the financial landscape provide. These roles are central to the idea of money and role which it plays in the modern landscape in terms of the flow of funds as a framework. The module aims to provide a brief introduction to the major participants; banks, pension funds, insurance companies and the management role of funds which they have.OptionalProfessional Practice 2025-26MGT2037MLevel 52025-26This module is aimed at those students who have decided to take a year out of formal studies to gain accredited work experience and are registered on a degree programme with an accredited professional practice element. The Professional Practice Year aims to give students a continuous experience of full-time work within an organisation. It should be a three way co-operative activity between employer, student and University from which all parties benefit. Students can choose to pursue a variety of options including a placement year, a consultancy project or a work-based dissertation. Potential costs relating to this module are outlined in the Features tab.OptionalDecision-Making and Game Theory 2026-27ECO3101MLevel 62026-27This module aims to provide an introduction to decision-making in different environments. After a short review of the rational choice paradigm, the module seeks to explore intertemporal decision problem and Expected Utility Theory.CoreEconomic Policy Analysis 2026-27ECO3004MLevel 62026-27This 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.CoreMultinational Enterprises and the Global Economy 2026-27ECO3102MLevel 62026-27On this module students have the opportunity to explore the historical development of foreign direct investment activity. This aims to give them the chance to develop an understanding of the main advantages to be gained from firms engaging further in international business activities as well as understand the workings of a global enterprise in a dynamic world economy.CorePersonnel Economics 2026-27ECO3103MLevel 62026-27Personnel economics is among the fields that stand out as one that has changed the thinking in a primarily business-oriented topic, namely the management of people. The typical business spends between sixty and seventy percent of its resources on labour. To this end, understanding the human part of business can be of paramount importance. Personnel Economics endeavours to answer questions that were, until fairly recently, generally deemed to be outside the realm of economic analysis. But far from being non-economic, the issues that were the central focus of human resources can be informed by economics, and this approach has made rapid progress in changing the field.CoreBehavioural Finance and Economics 2026-27ECO3003MLevel 62026-27This 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.OptionalEconometrics: Cross-sectional and Panel Data 2026-27ECO3203MLevel 62026-27Econometrics: Cross-sectional and Panel Data builds on Fundamentals of Econometrics and looks at further and advanced topics in econometric analysis. The module aims to further students' econometric modelling skills by using real-world empirical applications in the fields related to economics, finance, and rural and urban economics. The topics covered will reflect the development of contemporary applied econometrics. These topics include cross-sectional and panel data regression, instrumental variables regression, experiments and quasi-experiments, and discrete choice model.OptionalEconometrics: Time Series Data  2026-27ECO3204MLevel 62026-27Econometrics: Time Series Data seeks to provide an understanding of recent advances in econometrics for testing theories in economics and finance. It can provide technical skills necessary to pursue a wide range of empirical research in economics and finance and offer the opportunity to develop some advanced time series skills.OptionalEconomics of Banking 2026-27ECO3108MLevel 62026-27In the last couple of decades the banking industry was at the heart of dramatic changes, including deregulation, financial innovation and globalization. This module starts by surveying these developments and their effects on the banking sector, and continues by analysing contemporary issues in banking that emerged as responses to these global developments. These issues include the provision of credit and in particular credit rationing, securitization of debt, and competition and mergers in the banking sector.OptionalEuropean Economies and European Integration 2026-27ECO3013MLevel 62026-27European Economies and European Integration firstly looks at the historical development of European economies. It then focuses on the history and development of European institutions. The later part of the module focuses on policy issues. These include trade liberalisation, migration and labour, the budget, agricultural reform, regional policy, currency union and establishing a common commercial policy. The final section includes fiscal policy, improving competitiveness, enlargement and transition economies.OptionalHousing Economics 2026-27ECO3008MLevel 62026-27Housing Economics is designed to complement other spatially oriented modules to provide an economic analysis of housing markets. It explores the nature of housing economics with an emphasis on regional and local house prices. The constraints on the first time buyer; consumption; and construction will feature. The module discusses various aspects of the ripple effect such as space, quality and vintage.OptionalIndependent Study and Research Design (Econ) 2026-27ECO3205MLevel 62026-27Independent Study provides an opportunity for students to undertake a piece of original research that broadens and deepens the application of digital skills and extend their knowledge base independently. From this basis a specialty or expertise in economics could emerge that could be extended with further skills and knowledge over time. It is an extended piece of work that entails the expression of thought and creativity and the application of analytical skills and critical reasoning.OptionalLincoln Student Managed Investment Fund - Year 3 2026-27FIN3035MLevel 62026-27Initiated from 2015 and officially founded in 2018, the LSMIF is set up with a structure similar to any other professionally run fund management company with students running every aspect of the fund, from CEO to analyst. It is one of only few of this kind in the United Kingdom. The fund uses money raised from donors to invest in shares of companies listed on London Stock Exchange. It is organized, run and managed the same way as an investment company in the real world. The fund has got sponsorship and advisory support from UK leading wealth management companies such as Brewin Dolphin and Mattioli Woods with senior officers from them joining the Board of Advisors. This fund gives students the opportunity to work as analysts, investment managers, CFO, CIO, CEO etc. Students also have the chances to meet, discuss and learn from experts in the field in Quarterly Investment Committee Meetings series. Students are given additional training relating to their works.OptionalPrivate Banking and Wealth Management 2026-27FIN3030MLevel 62026-27Private Banking and Wealth Management is a module targeted at students who wish to build upon their previous knowledge of financial markets and products by analysing and evaluating the core financial service of wealth management. The module aims to both broaden students’ knowledge and understanding of the financial services industry and further develop their intellectual and practical skills via the analysis and evaluation of the wealth management process.OptionalShort Dissertation (LITERATURE REVIEW) 2026-27FIN3037MLevel 62026-27The short dissertation provides an opportunity for students to engage with the theoretical nature and practical issues of undertaking desk-based research. The focus is upon the ability of students to take ownership of their own project and to complete the research review, demonstrating their abilities as team and independent learners and producers. This dissertation is a Literature Review.OptionalShort Dissertation 2026-27FIN3036MLevel 62026-27The short dissertation provides an opportunity for students to engage with the theoretical nature and practical issues of undertaking desk-based research. As a guide, the student should generate a relatively short piece of empirical work using a variety of quantitative techniques.Optional

What You Need to Know

We want you to have all the information you need to make an informed decision on where and what you want to study. In addition to the information provided on this course page, our What You Need to Know page offers explanations on key topics including programme validation/revalidation, additional costs, contact hours, and our return to face-to-face teaching.

How you are assessed

The way students are assessed on this course may vary for each module. Examples of assessment methods that are used include coursework, such as written assignments, reports or dissertations; practical exams, such as presentations, performances or observations; and written exams, such as formal examinations or in-class tests. The weighting given to each assessment method may vary across each academic year. The University of Lincoln aims to ensure that staff return in-course assessments to students promptly.

Work Placement Year

All full-time students on this course 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. Students are expected to source their own placements and tutors can provide support and advice during this process if required.

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.

Broaden Your Horizons

Lincoln International Business School students can expand their horizons, visit our partner universities, and see international business in action by joining funded international trips to exciting overseas destinations. Places are awarded competitively to eligible students each academic year.

Our Field Trips
Sunrise over planet earth

Student Managed Investment Fund

Lincoln International Business School offers the Student Managed Investment Fund (LSMIF), which is an investment fund created, operated, and maintained by students within the school, with everything running within the real-world environment of finance.

One of only a handful of its kind in the UK, students will be managing real money with the objective of making positive returns while managing risk. Industry veteran and long-time lecturer Hao Quach can help support the students throughout, utilising his years of experience in all aspects of investment banking and 20 years teaching in many countries.

Trading Simulation Event

Students on the programme are given the opportunity to practise real-life trading at a simulation event. During the event, delivered in partnership with Amplify Trading, you get the chance to understand and experience different roles and practices within the trading sector, such as buyers, investors, asset managers, and hedge funds.

Bloomberg Terminal

Students can use our Bloomberg Terminal, which is designed to help industry professionals make better-informed investment decisions by offering the latest market news along with historical data and an international network to communicate securely and reliably. Bloomberg offers a practical resource for students to reinforce the theories they learn in lectures, and enable them to become familiar with the tools used by today’s financial services professionals.

An academic working with a student in the Bloomberg lab

What Can I Do with a Business Economics Degree?

Our BA (Hons) Business Economics aims to equip students with transferable skills in preparation for a career in business, including roles in business management, communication analysis, and data interpretation. Students may choose to continue their studies at postgraduate level.

I decided to study Business Economics because I wanted a more applied type of Economics degree, and I chose Lincoln because of its small and welcoming community – here you aren’t just a student ID number

Working in Partnership

Lincoln International Business School works with students and organisations to enhance the contribution of business to society. For students, that means developing their business skills and knowledge to improve their career readiness.The University of Lincoln is a member of AACSB, a global nonprofit association connecting educators, students, and businesses to achieve a common goal: to create the next generation of great leaders.

About the AACSB
AACSB logo

Entry Requirements 2024-25

United Kingdom

104 UCAS Tariff points from a minimum of 2 A Levels.

International Baccalaureate: Pass Diploma from a minimum of 2 Higher Level subjects.

BTEC Extended Diploma: Distinction, Merit, Merit or equivalent.

T Level: Merit

Access to Higher Education Diploma: 45 Level 3 credits with a minimum of 104 UCAS Tariff points

Applicants will also need at least three GCSEs to include a grade 5 in Maths, a 4 in English and one further GCSE graded at 4 or above. Equivalent Level 2 qualifications may be considered.

The University accepts a wide range of qualifications as the basis for entry and do accept a combination of qualifications which may include A Levels, BTECs, EPQ etc.

We will also consider applicants with extensive and relevant work experience and will give special individual consideration to those who do not meet the standard entry qualifications.

International

Non UK Qualifications:

If you have studied outside of the UK, and are unsure whether your qualification meets the above requirements, please visit our country pages https://www.lincoln.ac.uk/home/studywithus/internationalstudents/entryrequirementsandyourcountry/ for information on equivalent qualifications.

EU and Overseas students will be required to demonstrate English language proficiency equivalent to IELTS 6.0 overall, with a minimum of 5.5 in each element. For information regarding other English language qualifications we accept, please visit the English Requirements page:

https://www.lincoln.ac.uk/home/studywithus/internationalstudents/englishlanguagerequirementsandsupport/englishlanguagerequirements/

If you do not meet the above IELTS requirements, you may be able to take part in one of our Pre-sessional English and Academic Study Skills courses.

The University of Lincoln's International College also offers university preparation courses for international students who do not meet the direct entry requirements. Upon successful completion, students can progress to Bachelor's study at the University of Lincoln. Please visit https://www.lincoln.ac.uk/internationalcollege/ for more information.

If you would like further information about entry requirements, or would like to discuss whether the qualifications you are currently studying are acceptable, please contact the Admissions team on 01522 886097, or email admissions@lincoln.ac.uk

Contextual Offers

At Lincoln, we recognise that not everybody has had the same advice and support to help them get to higher education. Contextual offers are one of the ways we remove the barriers to higher education, ensuring that we have fair access for all students regardless of background and personal experiences. For more information, including eligibility criteria, visit our Offer Guide pages.

Fees and Scholarships

Going to university is a life-changing step and it's important to understand the costs involved and the funding options available before you start. A full breakdown of the fees associated with this programme can be found on our course fees pages.

Course Fees

For eligible undergraduate students going to university for the first time, scholarships and bursaries are available to help cover costs. To help support students from outside of the UK, we are also delighted to offer a number of international scholarships which range from £1,000 up to the value of 50% of tuition fees. For full details and information about eligibility, visit our scholarships and bursaries pages.

Find out More by Visiting Us

The best way to find out what it is really like to live and learn at Lincoln is to visit us in person. We offer a range of opportunities across the year to help you to get a real feel for what it might be like to study here.

Book Your Place
Three students walking together on campus in the sunshine
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.