Economics and Finance | BSc (Hons) | University of Lincoln

Dr Dragana Radicic - Programme Leader

Dr Dragana Radicic is a senior lecturer in economics, FHEA at Lincoln International Business School. She joined the University in March 2017. She was awarded her PhD at Staffordshire University in 2014 with a thesis entitled 'The effectiveness of R&D and innovation policy on promoting innovation in European SMEs: An empirical investigation of additionality effects', which evaluated the effects of R&D and innovation policy on SMEs. Dragana's area of research is economics of innovation, in particular, policy evaluation, open innovation, innovation in services, R&D cooperation and exports, and innovation. She has published extensively on these topics, but also on topics of entrepreneurship, education, and finance.

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Welcome to BSc (Hons) Economics and Finance

Making the right decisions at the right time in finance requires foresight and understanding of the factors at work, and these skills are integral to a course that aims to develop economists with a specialism.

The Economics and Finance programmes at Lincoln aim to equip students with the skills to analyse financial and economic events and their impact on markets. It enables students to develop an understanding of advanced financial techniques, including pricing and portfolio management.

Teaching is designed to equip students with a theoretical and practical understanding of the economy and the crucial role played by the financial sector across the world. Students are encouraged to develop the advanced analytical skills that are valued in the business and financial industries for decision-making, portfolio planning, risk management, and working within financial markets.

The programme is available as either a three-year BSc degree or a four-year Master's programme. Those who enrol on the MEcon, and meet the progression requirements at the end of their third year, can go on to undertake a substantive research project in an area of particular interest.

How You Study

This course covers topics such as macro and micro-economics, financial management, and econometrics. Teaching explores how financial management decisions can improve the performance and efficiency of organisations, and how capital markets operate theoretically and behaviourally. Students can learn how to interpret financial information, manipulate data using statistical software packages and analyse contemporary economics issues.

This course offers the option to take a year-long work placement after the second year of study, providing the opportunity to gain experience and apply learning in practice. Students are expected to source their own placement, and tutors can provide support during the process if required. Those who choose to undertake a placement do not pay tuition fees for that year, but must cover their own travel, accommodation, and living costs.

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. To help you choose the course that’s right for you, we aim to bring to your attention all the important information you may need. Our What You Need to Know page offers detailed information on key areas including contact hours, assessment, optional modules, and additional costs.

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An Introduction to Your 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.

Introduction to Accountancy and Finance 2023-24ACC1002MLevel 42023-24This 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.CoreMathematics for Economics and Finance 2023-24ECO1002MLevel 42023-24It 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.CorePrinciples of Economics 2023-24ECO1003MLevel 42023-24This 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.CoreStatistics for Finance and Economics 2023-24ECO1028MLevel 42023-24CoreLincoln Student Managed Investment Fund - Year 1 2023-24FIN1014MLevel 42023-24Initiated 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.OptionalFinancial Management 2024-25ACC2015MLevel 52024-25Financial Management introduces the role of the financial manager and focuses on the key issues surrounding investment, financing and distribution decisions. As a first introduction to finance, specifically, this covers the identification, appraisal and evaluation of investment opportunities in the context of shareholder wealth maximization, the sources of finance available and the markets they trade in. The issues of risk identification, measurement and evaluation is also explored in this module.CoreFundamentals of Econometrics 2024-25ECO2003MLevel 52024-25This 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 2024-25ECO2007MLevel 52024-25The 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.CoreIntermediate Macroeconomics 2024-25ECO2004MLevel 52024-25The 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.CoreIntermediate Microeconomics 2024-25ECO2005MLevel 52024-25The 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.CoreLIBS International Year Abroad 2024-25MGT2286MLevel 52024-25Lincoln 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 Universitys 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 2024-25FIN2146MLevel 52024-25The 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.OptionalProfessional Practice 2024-25MGT2037MLevel 52024-25This 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.OptionalAdvanced Financial Management 2025-26FIN3026MLevel 62025-26This module aims to introduce the more complex areas of financial management. It is designed to familiarise students with the major theoretical developments and practices in the areas of corporate finance and risk management. Students are encouraged to develop critical thinking when considering the advantages and disadvantages of diverse practices in the areas of corporate finance and risk management.CoreAdvanced Macroeconomics 2025-26ECO3010MLevel 62025-26This 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.CoreAdvanced Microeconomics 2025-26ECO3011MLevel 62025-26This 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.CoreEconometrics: Cross-sectional and Panel Data 2025-26ECO3203MLevel 62025-26CoreEconometrics: Time Series Data 2025-26ECO3204MLevel 62025-26CoreEconomic Policy Analysis 2025-26ECO3004MLevel 62025-26This 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.CoreBehavioural Finance and Economics 2025-26ECO3003MLevel 62025-26This 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.OptionalDecision-Making and Game Theory 2025-26ECO3101MLevel 62025-26This 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.OptionalEconomics of Banking 2025-26ECO3108MLevel 62025-26OptionalEuropean Economies and European Integration 2025-26ECO3013MLevel 62025-26OptionalHousing Economics 2025-26ECO3008MLevel 62025-26OptionalLincoln Student Managed Investment Fund - Year 3 2025-26FIN3035MLevel 62025-26Initiated 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.OptionalShort Dissertation (LITERATURE REVIEW) 2025-26FIN3037MLevel 62025-26OptionalShort Dissertation 2025-26FIN3036MLevel 62025-26Optional

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.

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. The University of Lincoln offers a variety of merit-based and subject-specific bursaries and scholarships. For full details and information about eligibility, visit our scholarships and bursaries pages.

Entry Requirements 2023-24

United Kingdom

A Level: BBC (112 UCAS Tariff points from a minimum of 3 A Levels or equivalent qualifications).

International Baccalaureate: 29 points overall.

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

T Level: Merit

Access to Higher Education Diploma: 45 Level 3 credits with a minimum of 112 UCAS Tariff points.

A combination of qualifications which may include A Levels, BTEC, EPQ, etc.

Applicants will also need at least three GCSEs to include a grade 6 in Maths, a 4 in English and one further GCSE graded at 4 or above. Equivalent Level 2 Maths qualifications are not accepted.

The University accepts a wide range of qualifications as the basis for entry. 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.

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

Work Placement Year

Students have the opportunity to take a year-long work placement after the second year. A work placement can allow students to gain 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, please visit LIBS work placement pages.

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.

Students will be managing real money with the with objective of positive returns whilst managing risk. Industry veteran and long-time lecturer Hao Quach will help support the students throughout, with many years of experience in all aspects of investment banking and 20 years teaching in multiple countries, Hao will use his experience to ensure the stability of the fund and provide guidance. Find out more about the Student Managed Investment Fund.

"The course has given me a good grounding in economics while providing a deep insight into the industry as a whole."

Tom Stockhill, BSc (Hons) Economics and Finance graduate

Career Opportunities

This course is designed to enable students to develop into economists with a key strength in finance. Students are able to progress into roles in the business and financial services industry, such as tax adviser, finance officer, and positions in accountancy departments. Some students go on to postgraduate study.

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. Find out more.

Visit Us in Person

The best way to find out what it is really like to live and learn at Lincoln is to join us for one of our Open Days. Visiting us in person is important and will help you to get a real feel for what it might be like to study here.

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Key Information

BSc (Hons) Economics and Finance