Full-time: 3 years, Part-time: Up to 6 years †
£9,250 per year (2019/20)
£13,250 per year (2019/20)
120 (September 2019 entry)
Kedleston Road, Derby Campus
Exciting and dynamic, our BA (Hons) Economics for Business is a modern degree where you will focus on applying economics to the real world. During your studies you will:
- Develop all the professional attributes expected of an economist in business or organisational consultancy
- Gain vital hands-on experience in our brand new Bloomberg Financial Markets Lab
- Apply latest economic theories to businesses, markets, industries and countries using up-to-the-minute data and information services
- Work on consultancy projects where you can solve real problems for real businesses
- Take an optional placement year or summer internship to raise your professional profile
- Learn from inspirational experts at the forefront of the profession
- Build a broad portfolio of business, research and analytical skills to enhance your career prospects
- Gain the ideal platform to join graduate management and financial training schemes or to progress to postgraduate studies
- View our Derby Business School brochure
92.3%Overall satisfaction - BA (Hons) Economics for Business *
We’re committed to nurturing forward-thinking economists with the skills, vision and analytical thinking to shape any organisation’s success. Our BA (Hons) Economics for Business programme equips you to handle economic data, undertake research and analysis, and reach the high standards of professional practice you will need as an applied economist.
At the cutting edge of economics
Our exciting new is the ideal setting for you to gain hands-on experience, working with the same information and technology used by financial professionals all over the world.
You will gain vital insights into trading floor activities and financial market analysis, harnessing software used in financial markets worldwide and dealing with up-to-the-minute data. It will give you a whole new perspective on what it is like to work in this fast-paced arena.
We are one of only a few universities to have invested in such exceptional learning facilities in partnership with Bloomberg, the global business and financial information leader. It puts a wealth of data at your fingertips, including company and director profiles plus analysis of current affairs from Bloomberg Intelligence.
You will receive training from Bloomberg specialists, have access to their helpdesk and can even work towards the Bloomberg Market Concepts Certificate alongside your degree to boost your professional profile.
Economics with a difference
We specialise in applied economics, which will set you apart from graduates of more traditional economics degrees. The focus is on giving you a solid grounding in economic theory but then using that theory to address real-world challenges.
Your learning experience will be dynamic and stimulating, full of practical scenarios in which to hone your skills. You could find yourself creating an investment portfolio, taking part in business panel debates and broadcast interviews, presenting your economic analysis at conferences, or creating videos to bring your research findings to life.
Because our emphasis is on economics for business, you will engage with employers throughout your studies. The Applied Economics Project gives you the chance to draw on the full toolkit which a professional economist uses by solving a real problem for a real business.
We also encourage and support you to take an optional year-long work placement or summer internship to deepen your insights into how effective economic analysis can improve organisational practice.
Add substance to your CV
We offer you an exciting opportunity to gain an additional award to showcase your versatility and professionalism to potential employers. The Futures Award has been developed specifically for our Economics students and gives recognition to any extra-curricular activities you undertake to improve your employability and career development, build your experience of networking and advance your leadership and consultancy skills.
Your work towards the Futures Award could entail attending workshops on CV design and improvement; developing techniques for interviews, assessment centres or psychometric tests; taking part in networking events; or leading a small project within a student society or voluntary role.
As part of your studies, you could showcase your know-how and raise your professional profile in prestigious competitions. In February 2018, our students scooped three major awards at the , pitting their wits against fellow undergraduates and postgraduate students from leading institutions countrywide. This is the fifth year running that Derby University has come away with awards demonstrating the wealth of practical skills that are taught in our Economics courses.
The competition comprised a simulated trading market which tested the students’ abilities to strategise, analyse and present their ideas to a panel of traders and bankers in the City of London. This was the fourth year running that our University teams returned from this event with coveted awards.
An expert team to inspire you
Our industry experienced and research active teaching team will support and motivate you to achieve at a high level. They are undertaking influential research on some of the most pressing economic issues facing society, from behavioural economics to public policy, the green economy to the economics of innovation and technological change. They publish widely, including one of the main economics textbooks used in universities.
The team’s extensive links with the business community – as well as experts at the forefront of the profession – enhance the practical focus and currency of the degree. There are numerous opportunities for you to meet and interact with businesses and industry experts. You’ll hear about latest developments in the City from high-profile figures such as our visiting professor, Lloyds Chief Economist Trevor Williams. Our students have also attended major events addressed by the likes of Dr Ben Broadbent, Deputy Governor - Monetary Policy for the Bank of England or have become active members of our Business and Entrepreneurial Society and our Network of Entrepreneurs.
To complete the BA (Hons) Economics for Business, you'll study modules such as:
- Introductory Microeconomics
- Introductory Mathematics for Economics
- Academic Skills for Accounting, Finance and Business Economics
- Market Failure Analysis
- Introduction to Macroeconomic Concepts and Data
- Finance and Business Performance
- Applied Intermediate Macroeconomics
- Data Analysis
- Industrial Economics
- Public and Third Sector Economics
- Current Debates in Applied Economic Theory
You'll also choose one of the following options:
- Improving Operations Performance
- Marketing Communication
- International Business Economics
- Economics of Sustainable Business Growth
- Applied Economics Project
You'll also choose two from the following options:
- Financial Risk Management
- Marketing Across Cultures
- International Purchasing and Supply Chain Management
- Investing and Financial Market Behaviour
- International Banking
Real world learning is at the heart of this programme. The focus is on solving genuine business and organisational problems.
We use a compelling combination of interactive lectures, expert speakers, problem-solving seminars, group work, group discussion, workshops, case study analysis, computer lab work and practical analysis. Throughout your studies, you will also engage with businesses and external experts to discuss various economic issues and concepts.
At the start of the course you will benefit from substantial direction from our teaching team. As your studies progress, you are expected to work more independently, taking greater responsibility for your own learning – but always with the support and advice of your tutors.
How you are assessed
You will be assessed in a number of ways, from computer-based assessment and business reports to applied economics projects which showcase your analytical and quantitative skills. You are expected to develop professional analysis experience through data retrieval and quantitative analytics using Bloomberg and appropriate computer-based analysis harnessing Excel and SPSS.
Your research and consultancy skills are assessed via a mixture of poster presentation and reports, including the Applied Economics Project where you could have the opportunity to undertake a live project involving a business.
Who you will meet
At Derby you’ll discover a friendly and supportive learning community, with small classes where you will receive plenty of one-to-one advice.
You will be taught by an enthusiastic team who are experienced in all aspects of economics and whose research will enrich your learning. They are supported by industry experts, including our Visiting Professor of Banking, Professor Trevor Williams who is Chief Economist at Lloyds Bank PLC.
The teaching team includes:
Dr Nicola Lynch
Programme Leader for the BA (Hons) Economics for Business, Nicola is also Head of the Economics and Finance Division at Derby Business School. An applied economist researching on public policy issues, she has particular interests in areas such as the impact of business networks at micro and macro levels and the development of industrial, enterprise and economic policies. She is currently leading a research project which involves an economic impact study of the Buxton Festival. Nicola is dedicated to providing a learning environment where students can develop academically and personally, with a strong emphasis on teaching economics in an applied manner.
As well as teaching on this course, Melanie leads our MSc International Business and Finance and our MSc International Business and HRM. She is widely published and the joint author of a leading Economics textbook, published by Pearson Education and used extensively in universities. Her research focuses on applied economics, behavioural economics and financial market behaviour. As a teacher, she is committed to giving students a new way of looking at the world which nurtures their confidence, decision-making skills and a lifelong fascination with economics. She is the co-author of the University’s monthly Economic Bulletin.
Dr Eugene Michaels
Eugene leads our suite of International Business programmes at both undergraduate and postgraduate levels. His focus is on encouraging students to apply economic reasoning and critical thinking. His academic interests are centred on behavioural economics and their implications for personal financial wellbeing (particularly pensions) and the application of behavioural insights to macroeconomic and business policymaking. He is the co-author of the University’s monthly Economic Bulletin.
Dr Weiwei Yang
Senior Lecturer inEconomics and Finance, Weiwei teaches various modules on the course. Her research interests lie in areas such as banking efficiency, market competition, corporate governance and corporate social responsibility. Her teaching philosophy is to inspire students to move from passive to active learning.
Dr Daphne Athanasouli
Senior Lecturer in Economics and Business, Daphne has research interests which span applied economics, public economics, corruption, business performance, management practices and e-government. She gained valuable consulting and research experience at the World Bank and the European Bank for Reconstruction and Development.
Dr Sayantan Ghosh Dastidar
Lecturer in Economics, Sayantan conducts research into areas such as international trade, economic development and public policy. He has published on various aspects of trade, economic growth and public expenditure in India.
September 2019 typical entry requirements
|UCAS points||120 (up to 16 from AS-levels)|
|Specific requirements at A-level|
No specific subject requirements
|Specific requirements at GCSE||GCSE Maths and English Grade C/Grade 4 (or above) or equivalent qualification|
|Interview / Audition||N/A|
Alternative entry qualifications:
- BTEC - DDM
- Access to HE Diploma - 60 credits: 45 at level 3 with a minimum of Dist: 15 Merit: 24 Pass: 6
We usually consider an A-level in General Studies as a supplementary qualification. A good application/performance will be taken into account if you do not meet the criteria/offer conditions.
Our entry requirements for this course should be read together with the University's general entry requirements, which details subjects we accept, alternative qualifications and what we're looking for at Derby.
An Economics degree adds real kudos to your CV. If you’re aiming for one of the UK’s highest paying graduate jobs, Economics is among the top ten subjects to take. (The Independent, September 2015). It could be your stepping stone to a lucrative graduate training scheme or a well rewarded financial consultancy role.
Our focus on problem-solving and practical economic analysis extends your career scope further still, opening doors to a much broader range of opportunities than with a more traditional economics degree.
Economics graduates with knowledge of business and leadership – who can shape policy and drive change – are in great demand today. Your skills will be valued across the public, private and voluntary sectors anywhere in the world. Alongside roles in international business, consultancy and finance, you could pursue opportunities in government departments, development agencies, charities and not-for-profit organisations.
While the majority of graduates enter business and finance professions, others follow careers in areas such as HR, marketing, PR and sales.
To enhance your future prospects and potential, our course features specialist career sessions for economists. These help you to build an impressive CV and social profile to assist in applications for placements, internships and jobs.
Many Economics graduates also decide to take their studies to the next level. You can consider progressing to any of the exciting masters programmes offered by Derby Management School – such as the MSc International Business and Finance, MBA Global Finance, MSc International Business, MSc International Business and HRM or MSc International Business and Marketing – and get up to 25% alumni discount on your fees.
If you need any more information from us, eg on courses, accommodation, applying, car parking, fees or funding, please contact us and we will do everything we can to help you.Contact us
† Additional information about your studies
4 years with a placement year
Download programme specification
Like most universities, we operate extended teaching hours at the University of Derby, so contact time with your lecturers and tutors could be anytime between 9am and 9pm. Your timetable will usually be available on the website 24 hours after enrolment on to your course.
Additional costs and optional extras
We’re committed to providing you with an outstanding learning experience. Our expert teaching, state-of-the-art facilities and great employability prepare you for your future career. As part of our commitment to you we aim to keep any additional study costs to a minimum. However, there are occasions where students may incur some additional costs.
Included in your fees
- Bloomberg data usage within modules with access to Bloomberg terminals for specified assessments
- Statistical analysis software SPSS for use in modules
- Some taster events - transport costs covered
- Opportunities to enter IBM University Business Challenge, CIMA Global Business Challenge and University Trading Challenge
- Part funded trip to Copenhagen for 2nd and 3rd year students. Optional with limited places available.
Optional costs not included in your fees
- Opportunity to apply for CMI student membership and Institute of Directors student membership
- Some taster events- transport costs
Please note: Our courses are refreshed and updated on a regular basis. If you are thinking about transferring onto this course (into the second year for example), you should contact the programme leader for the relevant course information as modules may vary from those shown on this page.