The University of Southampton
Social Sciences: EconomicsPart of Social Sciences

L112 BSc Economics and Management Sciences (3 years)

We take economic decisions every day of our lives, and in turn are affected by the decisions of other people and institutions. Economics is the study of these decisions and actions. Studying the way economic processes work helps us to understand the society in which we live.

This programme combines modules from Economics and the Business School. You can also choose from a range of optional modules from other departments and also interdisciplinary modules.

 

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Introducing your course

Are you looking for a career in business or management? Then apply for the BSc Economics and Management Sciences degree at the University of Southampton. Combining the rigour of economic analysis with a range of management modules from the Southampton Business School, this degree offers flexibility and the opportunity to develop a range of specific and transferable skills.
Your studies in Economics will consider the actions of economic agents (individuals, firms and governments) while your studies in Management will show you the best way to organize and run a corporate enterprise.

Overview

What is this? (More Information) This information is based on historical data and may have been aggregated. Find out more.

This degree provides an opportunity to focus on the application of both economic principles and management science in the context of business organisations. It is a particularly appropriate choice for those wishing to go on to a career in management.

The degree is taught in conjunction with Management, and is administered by Economics.

View the programme specification document for this course

To Apply

All applications for full-time study should be made through UCAS - www.ucas.com Applications for part-time study can be made through UCAS or directly to the University.

Programme Structure

Module choices in year one are dependent on whether you have studied maths and/or economics at A level. The programme structure below outlines the modules that you may typically expect to study, although this may vary depending on demand for the modules and staff availability. Eight modules are studied each year, with four in each semester. During year three you will study a dissertation, equivalent to two modules, which is a piece of independent research on a topic of your choice spread over both semesters. This may be in either Economics or Management Sciences.

Key Facts

In the 2017 National Student Survey, of our BScSoc Economics and Management students:

  • 100% agreed that the course is well organised and running smoothly
  • 93% agreed that their course has provided them with opportunities to explore ideas or concepts in depth
  • 93% agreed that the course is intellectually stimulating
  • Studying Economics at the University of Southampton means joining one of Europe's top Economics departments, with a high profile in both teaching and research.
  • For UK and EU students, there is the opportunity to study within another European Economics department, as part of the ERASMUS scheme, as well as Brazil and the USA.

Entry Requirements

Typical entry requirements

GCSEs:
QualificationGrade
GCSEGCSE English grade C or above (or an equivalent standard in other English language qualification qualifications approved by the University)    
A Levels:
QualificationGrade
GCE A-level

3 A level subjects: AAB (or ABB with grade A in the Extended Project Qualification). Applicants will require a grade B in AS level Mathematics. Where AS level Mathematics is not available or has not been taken we will consider applicants with alternative qualifications. B grade in A-level Mathematics, Physics or Statistics is accepted in lieu of B grade AS-level Mathematics.

4 A level subjects: ABBB (or BBBB with grade A in the Extended Project Qualification). Applicants will require a grade B in AS level Mathematics. Where AS level Mathematics is not available or has not been taken we will consider applicants with alternative qualifications. B grade in A-level Mathematics, Physics or Statistics is accepted in lieu of B grade AS-level Mathematics.

Queries about contextualised offers can be made to: ugapplyfshs@soton.ac.uk. Information about the university’s scheme to widen participation (A2S) can be found here: Access to Southampton

Although an Economics A level is not required, preference will be given to applicants taking at least one analytical A level subject; that is, either Economics or Mathematics or a science-based subject

Most A level subjects are acceptable with the exception of General Studies. One subject such as those on the following list is accepted if combined with other academic subjects:

  • Art, including Design, Fine Art, Photography, Textiles, etc
  • Critical Thinking
  • Home Economics
  • ICT
  • Leisure Studies
  • Media Studies
  • Music, including Music Technology
  • Sports Studies including all forms of PE, Dance, etc
  • Theatre Studies including Drama and Performing Arts
  • Travel and Tourism

There may be a few places available for marginal candidates who have just missed the grades required by their conditional offer. For these students ONLY, the Admissions Tutor will consider any extra A level subject, including General Studies. Therefore, it is worth taking an extra A level as an insurance policy. There is no guarantee that extra spaces will be available.

IB:
QualificationGrade
International Baccalaureate34 points, 17 at Higher Level and at least 5 points in SL Mathematics (not Maths Studies)
Alternative qualifications

We welcome applications from candidates offering qualifications other than A and AS levels (including BTEC, European Baccalaureate, International Baccalaureate, Irish Leaving Certificate and Scottish Highers). You will be expected to attain an equivalent standard to an A level applicant. Contact us for further information on equivalencies for these qualifications and others not listed here.

Please note that we cannot accept applicants from Greece on the basis of the Apolyterion alone; it must be supplemented by two A levels or an equivalent standard in other qualifications approved by the University.

International applications

We welcome applications from international students. Helpful information on applying, meeting a University representative in your country, or improving your English language levels can be found on the International Office website. If English is not your first language you will be required to pass an approved English test. We normally ask for a score of IELTS 6.5.

Mature applicants

We welcome applications from mature students: if you will be over 21 at the start of your proposed degree programme, you are eligible for exemption from our normal entry requirements. However, you will be required to provide evidence of having completed recent serious and successful study (e.g. Access, Return to Study, Open University Foundation Courses), and of your capacity to pursue the course. Please note - due to the mathematical content of the courses at Southampton, you will be expected to have studied the appropriate level of mathematics relevant to the course.

Contextual Admissions

The University of Southampton is committed to widening participation and ensuring that all students with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data supports our admissions teams to recognise a student’s potential to succeed in the context of their background and experience. Students who flagged in this way will be made an offer which is lower than the typical offer for that programme.

A typical contextual offer is ABB including grade B in AS Mathematics or A level Physics from three A levels or or an equivalent standard in other qualifications approved by the University.

Please see our contextual admissions pages for more information.

Selection process:

We usually make our decisions based on your UCAS form alone. Only candidates who require special consideration, e.g. on grounds of age or non-standard entry qualifications, are interviewed.

All of our degree programmes require modules in mathematics (algebra and calculus) and statistics to be taken in the first year. If you have not studied mathematics for some time, you are strongly advised to prepare for these courses prior to entry.

International Foundation Year

International students who do not currently meet our entry requirements may be able to join this course on successful completion of our International Foundation Year. For more information visit the IFY course page.

This page contains specific entry requirements for this course. Find out about equivalent entry requirements and qualifications for your country.

Modules

Typical course content

The programme structure below outlines the modules that you may typically expect to study, although this may vary depending on demand for the modules and staff availability.

Please note:
A minimum of 6 MANG modules and 6 ECON modules (excluding the Dissertation) must be taken over years 2 and 3 combined. A maximum of 2 modules from the Social Sciences list (excluding ECON) may be taken in years 2 and 3 combined. Prerequisite requirements must be fulfilled in the choice of options. Backtracking (taking year 2 modules in year 3) is not permitted.

Optional modules

There is a large choice of optional modules and the list below is not exhaustive (highlight this text in some way). For example, interdisciplinary modules allow students to try different methodological approaches outside of their home discipline. For more information visit the Interdisciplinary modules page. Students can also take language modules in a variety of languages. The modules range in level from absolute beginner up to near-native speaker level. For more information visit the Credit-bearing language modules page. There are also non-credit bearing courses for those who simply wish to continue languages as a hobby. Visit the Southampton Language Opportunity page.

Year in Employment

Students may decide to take a Year in Employment as part of this course. They do not need to indicate this on their UCAS application and can decide in their second year. Further information visit  the Year in Employment page. Students can also take placements and internships over the holidays. For more information visit the Excel Southampton Internship Programme page. Students can work during term-time on the IBM Business Innovation Programme, for more information visit the Business Innovation Page.

Year 1

The aim of the first year is to provide you with a firm foundation in the core subjects of your degree and an opportunity, through the choice of optional units, to broaden your field of study. Module choices in year one are dependent on whether you have studied maths and/or economics at A level.

Students take optional modules each year. They can choose from Economics modules; modules from other departments and also from the Interdisciplinary modules. Note: the Economics department provides interdisciplinary modules but gives them two codes (e.g. UOSM2036 is the same as ECON1015). This is to allow our students to have access to the courses before they are offered to the whole University. UOSM modules can be taken in first, second or third year unless specified. For example, students could choose to take Social Enterprise in any year.

Everyone also takes a non-credit bearing course in Economics Skills and Employability each year to enable students to take full advantage of the opportunities on offer here.

Semester One
Core

Students WITHOUT A-Level Maths grade B and below will be registered on Introduction to Maths For Economics. Students WITH A-Level Maths grade B or above will be registered on Mathematics For Economics.

Introduction to Management
Intro to Maths for Economics

or

Mathematics for Economics
Foundations of Microeconomics

or

Principles of Microeconomics
Compulsory
Economics Skills and Employability 1
Optional

These modules are only indicative examples of the options available. There is a wide range of optional modules to choose from, subject to availability.

Economics with Experiments
Topics in Economic History
Social Enterprise
Living and Working on the Web

Financial Accounting 1 This will module will become Core if chosen and you must then choose Management Accounting 1 in Semester 2

Language modules

Interdisciplinary modules

Semester Two
Core
Principles of Macroeconomics
Statistics for Economics
Managerial Decisions

If you have selected Financial Accounting 1 in Semester 1, you must choose Management Accounting 1. If you did not select Financial Accounting 1 in Semester 1, you must choose Introduction to Accounting and Financial Control.

Management Accounting 1

or

Introduction to Accounting and Financial Control

Year 2

Semester Two

Students are to take at least one modules from: Business Simulation; Problem Structuring Methods, or Operations Management.

If students wish to undertake the Management Dissertation in Year 3, they must select Business Research. If students with to undertake the Economics Dissertation in Year 3, they must select Research Skills for an Economist.

Core

If you intend to undertake the Management Dissertation in Year 3, you must take:

Business Research

If you intend to undertake the Economics Dissertation in Year 3, you must take:

Research Skills for an Economist
Compulsory
Industrial Economics 2
Economics Skills and Employability 2
Optional

Select at least one of the following modules. Two may be selected in total.

Business Simulation
Problem Structuring Methods
Operations Management

If you have only chosen one module from the three management modules listed above, then you may choose one optional module. This list gives some examples:

Topics in Macroeconomics 2
Development Economics
Portfolio Theory and Financial Markets
Management Accounting 2
European Business Environment

Language modules

Interdisciplinary modules

Year 3

During year three you will study a dissertation, equivalent to two modules, which is a piece of independent research on a topic of your choice spread over both semesters.

Students take optional modules worth 60 credits. 30 credits must come from this list of Management modules: Strategic Management; Knowledge Management; Risk Management; Project Management; Managing Innovation; Digital Marketing: Engaging with the Consumer, and Marketing in the Digital Age. Up to 30 credits can be selected from a range of modules in Economics, Management or other departments such as Criminology, Demography, Politics, Statistics, or Languages. Alternatively, students can choose up to 30 credits from Curriculum Innovation modules such as  ‘Living and Working on the Web’ and ‘Social Enterprise’.

Semester One
Core

Either select the Dissertation in Management or the Dissertation in Economics

Dissertation

Or

Dissertation/Project
Applied Microeconomics 3
Compulsory
Applied Microeconomics 3
Economics Skills and Employability 3
Optional
Strategic Management
Knowledge Management
Managing Innovation
Marketing in the Digital Age
Principles of Finance
Labour Economics
Information, Organisation and Accountability from a Historical Perspective

Language modules

Interdisciplinary modules

These modules are only indicative examples of the options available. There is a wide range of optional modules to choose from, subject to availability.

Semester Two

Dissertation modules run over both semesters.

Compulsory
Economics Skills and Employability 3
Optional
Risk Management
Project Management
Digital Marketing: Engaging with the Customer
Empirical Finance
International Trade Theory & Policy
International Banking

Language modules

Interdisciplinary modules

These modules are only indicative examples of the options available. There is a wide range of optional modules to choose from, subject to availability.

Core
Dissertation

Or

Dissertation/Project
Macroeconomic Policy 3

Please note: This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if s/he takes full advantage of the learning opportunities that are provided. More detailed information can be found in the programme handbook (or other appropriate guide or website).

Fees & funding

Tuition fees

Course fees for 2017/18 full-time UK and EU undergraduate students are typically £9,250 per year. Tuition fees for international students differ between each course. Most part-time courses cost 50% of the full-time fee.

View the full list of course fees

Funding

Scholarships, bursaries or grants may be available to support you through your course. Funding opportunities available to you are linked to your subject area and/or your country of origin. These can be from the University of Southampton or other sources.

Explore funding opportunities

Costs associated with this course

Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.

There will also be further costs for the following, not purchasable from the University:

TypeDescription
EquipmentApproved calculators: Candidates may use calculators in the examination room only as specified by the University and as permitted by the rubric of individual examination papers. The University approved model is Casio FX-570 This may be purchased from any source and no longer needs to carry the University logo.
StationeryYou will be expected to provide your own day-to-day stationery items, e.g. pens, pencils, notebooks, etc. Any specialist stationery items will be specified under the Additional Costs tab of the relevant module profile.
BooksWhere a module specifies core texts these should generally be available on the reserve list in the library. However due to demand, students may prefer to buy their own copies. These can be purchased from any source. Some modules suggest reading texts as optional background reading. The library may hold copies of such texts, or alternatively you may wish to purchase your own copies. Although not essential reading, you may benefit from the additional reading materials for the module.
EquipmentIT: Software Licences - Publicly available software in public workstations and some available via iSolutions, but otherwise purchase.
Printing and copyingIn the majority of cases, coursework such as essays, projects, dissertations is likely to be submitted on line. However, there are some items where it is not possible to submit on line and students will be asked to provide a printed copy. A list of the University printing costs can be found here: https://www.southampton.ac.uk/isolutions/students/printing/
OtherExemptions: Following the successful performance in the relevant modules, there can be additional costs if students subsequently decide to claim the exemptions.

In some cases you'll be able to choose modules (which may have different costs associated with that module) which will change the overall cost of a programme to you. Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at www.calendar.soton.ac.uk.

Career Opportunities

Employability is embedded into modules from the first year onwards. In each year, students take a non-credit bearing module in Economics Skills and Employability. For example, first years take ECON1016. Students can also take modules to enhance their employability in particular areas. For instance, there are modules on Social Enterprise; Economics with Experiments; Ethics in Science, Engineering and Technology, and finance modules which use the University Bloomberg Suite.

Our student societies are very active. If you are interested in social enterprise, then we have a thriving Enactus society. Other societies can help you with your chosen career including the Trading and Investment Society, Surge Radio, and the Bright Futures Society. For a complete list visit the SUSU all groups web page.

IBM runs a Business Innovation Programme during term time. The EXCEL placement scheme provides internships over the Easter and Summer holiday. Students can decide to take a Year in Employment in their penultimate year. In order to be as flexible as possible, we do not require students to indicate on UCAS that they wish to take this option. They can sign up after they arrive. 

The skills you will develop are in high demand. Our degrees are a passport to vocational and non-vocational careers alike, with recent graduates employed in a diverse range of professions from banking and insurance to analysis, market research and economics. For example, a number of Southampton graduates go onto become fund managers, find oout more by visiting the news story of the City fund managers. We run training sessions, mentoring schemes and skills workshops to help you prepare for your future career.

Read more about the careers and employability support we offer.

Learning & Assessment

Our degrees are full-time honours programmes of three years duration, with the exception of the M.Econ. programme, which lasts 4 years. All programmes aim to provide knowledge of the key concepts and arguments in the relevant subjects together with the capacity to apply this knowledge in a variety of contexts. In addition, we seek to ensure that all of our students are able to use data and quantitative techniques appropriately and effectively. The overall programme structure is a flexible one, allowing you to discover and pursue your own interests - either by choice of options or, if appropriate, by changing degree course at the end of year one.

Lectures and classes

Teaching takes place during two semesters, the first running from October to February and the second from February through to June. Eight subject units are taken per year - normally four per semester - some of which are compulsory and others optional. Teaching comprises both lectures (two or three per week, depending on the module) and weekly or fortnightly small group classes. In a typical semester you would spend about twelve hours per week attending lectures and classes; in addition, we expect about twenty-eight hours of self-study (preparing for classes, writing essays and so on) bringing the weekly total to forty hours.

Assessment

Modules are examined at the end of the semester in which they are taught, and in some cases a coursework mark will contribute to the overall grade for the unit. Satisfactory performance in the first year is required in order to progress to year two. Final degree classes are based upon marks from the second and third years.

Resources

The resources for teaching and learning at Southampton are excellent. The University's Hartley library, which is located close to the Division, contains a comprehensive collection of books and journals. Computer workstations are available both on the campus and at halls of residence, in many cases offering round-the-clock access. In addition, every student is provided with an e-mail account, and all rooms in halls of residence have a telephone/internet connection.

Study Locations

Hartley Library

Highfield campus

Social Sciences is based on the main campus of the University in the M...Find out more

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