Apply now for September

Course details

Study options

Full-time: 3 years, Part-time: Up to 8 years

UK/EU fee

£9,250 per year* (2020/21)

International fee

£14,045 per year (2020/21)

UCAS points

120* (September 2020 entry)

UCAS code


Course level



Joint Honours

Start date



Derby Campus

What is Joint Honours?

A Joint Honours degree gives you the opportunity to study two subjects as one degree. This type of degree will broaden your skill set and enhance your career prospects.

You can combine any two subjects as long as they’re in different zones, find out what you can combine this subject with.

Course description

Study Economics alongside another subject to build a highly regarded degree which will equip you for success in a rapidly changing business environment.

You can also study Economics for Business as a single honours subject.

Derby Business School brochure

Why you should study Economics at the University of Derby

Economics influences almost every aspect of our everyday lives. By studying Economics as part of a Joint Honours degree, you will build an impressive CV and strengthen your career options for the future.

Inspirational facilities

Our exciting new Bloomberg Financial Markets Lab 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.

Applying economics to the real world

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. 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.

Set your sights high

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 University Trading Challenge, 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.

Valuable insights from an expert team

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.

Popular Joint Honours combinations

Because Joint Honours gives you the flexibility to cover two subjects in one degree, you will be able to demonstrate to potential employers that you are versatile and adaptable, with strong organisational skills and the capacity to work to deadlines.

You can study Economics as a major, joint or minor pathway. This means you can select the number of modules you want to take in your degree, finding the ideal study balance with a complementary subject.

Joint Honours subject combinations which might work particularly well include:

What you will study

Example modules are shown below, the modules available as a Joint Honours student will be dependent on the subject that you combine with. In your first year, modules will be defined for you, and will be dependent on your subject combination to ensure you have the best fit. In your second and third years, module availability and the number of modules you are required to take will depend on whether you choose this subject as a major, joint or minor.

Year 1Year 1Year 2Year 2Year 3Year 3

Code: 4EC501

Introductory Microeconomics

This module explores how markets work and how firms develop pricing strategies from an economic perspective. All students of business and management need to consider the external market context in which business and management decisions are made.

This module develops your understanding of economic information found in news reports and economic and marketing reports and develops your ability and confidence to create your own independent analysis. Take a look at the BBC website and see how much of the business news is about markets and economics. This type of information and analysis affects business decisions and business strategy. Economics is also a model-based discipline which will help you to develop more rigorous analytical skills required in levels 5 and 6. It also provides the disciplinary context on which many other subjects draw at these levels, including strategic management, management operations, enterprise, marketing and finance.

More information
20 Credits

Code: 4EC504

Introduction to Macroeconomic Concepts and Data

The aim of this module is to give you a better understanding of how the economy of a country works a whole. The module will present you the main issues of the business macroeconomic environment – recessions and expansions, economic growth, inflation and unemployment.

It will introduce you to the basic models of macroeconomic analysis which will enable you to start analysing the impact of the government’s monetary and fiscal policies on the aggregate economy in today’s globalised world. You will understand how interest rates are set and how taxation levels are determined. You will improve your awareness of the daily finance and economics goings-on and you will develop your understanding of the content and implications of economic analysis. You will develop problem-solving and analytical skills that will improve your every-day decision-making.

More information
20 Credits

Code: 4EC505

Introductory Mathematics for Economics

The aim of this module is to combine basic economic theory and mathematical techniques. You will be provided with an introduction to the basic tools of mathematics which is needed to help you understand economic theory. The quantitative methods introduced will be integrated to a number of applications to economics. The topics taught in this module will help you develop your quantitative skills and your abilities to analyse data. Such quantitative and analytical skills are an integral part of decision making in business.
20 Credits

Code: 4EC506

Market Failure Analysis

This module introduces you to the economic theory of market failure and its central role in modern economic analysis of consumer choice, business activity, market activity, efficiency and industry development.

You will explore how the theory is used in economic analysis to assess rational consumer choice, producer strategy decisions, general business activity in markets and industries. You will also use the theory to examine and assess the impact of government policy on consumer choice, business decisions and markets.

You will apply the theory to different issues and use real time data on firms and markets from the Bloomberg database in your analysis. This will develop key theory and analysis skills for further applied analysis in level 4 and 6 modules.

More information
20 Credits

Code: 5EC505

Current Debates in Applied Economic Theory

In this module, we respond to the increased interest in understanding the recent dramatic economic events. Recent surveys and conferences on the state of the economics discipline and the employability of economics graduates have highlighted the gaps identified by employers in knowledge of economic history and applied economics skills (Bank of England, 2012; Government Economic Service, 2012).

In this module you will apply economic theories and principles to real-life situations, delve into current economic debates and apply economic analysis to a range of contemporary issues. Further, we will adopt an explicitly historical perspective in the discussion of the current topical economic debates. This will contribute to your knowledge of economic theory and analysis and to your greater understanding of how political debates and economic thinking evolve. This module will enable you to be able to argue and critically evaluate responses by government to various current issues.

More information
20 Credits

Code: 5EC506

Industrial Economics

Organisation of markets, firms and industries play a key role in determining their performance. Consequently, it results convenient analysing it from both a theoretical and applied perspective. This module aims to provide the student with an insight into pricing strategies, market concentration, market performance, strategies of firms including multinational enterprises (MNEs), and Public Policies. These elements will be appraised in a globalised context. This module provides quantitative analytical skills to students.
20 Credits

Code: 5EC507

Public and Third Sector Economics

The aim of this module is to explore the various issues surrounding the very topical issue of public and third-sector economics.

First, while studying public sector economics, you will be examining topics which directly impact your everyday lives (eg taxes you pay and public transport on which you may travel). You will examine the economics of democratic elections and voting and you will study the power and control of bureaucracies.

You will examine the justification for governments’ existence and understand how they may affect economic activity. The module will enhance your understanding of tax systems and fiscal policies and their impact on business and consumer behaviour.

Second, the module will give you an overview of a transition of public sector administration from traditional public administration (passive public sector clients) to new public management (active consumers and public-private partnerships) and to the current new public governance, with its emphasis on citizen participation and third-sector involvement.

In this module you will explore the rise of ‘co-production’ and the dynamics of the third sector, which includes non-profit organisations and charities. You will examine this sector in terms of its economic viability and the value of such organisations in traditional economic theory.

Understanding of both the public and third-sector economies will give you a greater appreciation of the economy as a whole and the varying types of organisations operating in it. The module will greatly contribute to you being a well-informed and engaged citizen, enhance your awareness of economic issues and help your decision-making.

More information
20 Credits

Code: 5EC509

Applied Intermediate Macroeconomics

This module aims to enable you to use macroeconomic theory and data to make sense of the economic world around us and develop your own informed opinion on the issues of the day. In this module you will focus your efforts on applying economic theory to real-world data, policies and current events.

The module will take an integrated and applied approach to macroeconomic topics from economic growth, inflation and unemployment, to financial markets, interest rates and investment, and to policy making in an open economy. You will develop competence in using data analysis skills using real macroeconomic data and effective statistics and graphical tools.

More information
20 Credits

Code: 5EC510

Data Analysis

This module aims to ensure you have a good understanding of how to use Excel and SPSS as software for economic analysis for business. You will develop the basic skills in primary data generation, sampling, data extraction, manipulation and presentation, essential for any business economist. You will also develop your skills in using parametric and non-parametric tests widely used in economic business data analysis for cross-section and time series analysis.

The emphasis is on practical analysis with real data and on developing the ability to interpret results for end users. To be a good analyst you need to have good practical skills but also be able to understand why, how and when different techniques are appropriate, and be able to interpret and communicate results to others.

More information
20 Credits

Code: 6EC501

Investing and Financial Market Behaviour

This module brings together major themes from economics, finance and psychology in order to develop your awareness of financial markets issues and to expand your understanding of investment decision making, investor behaviour, regulation and financial markets in crisis.

All along, you will develop critical practical skills like using Excel, analytical reasoning, interpreting data, following financial media and interacting with external financial market experts and potential employers. You will learn about the main investment classes, you will build your own portfolio of investments and analyse its effectiveness and performance. We will introduce you to behavioural aspects of investor activity. You will examine the underlying issues in financial markets that lead to crisis and failure using economic theory both traditional and behavioural. You will be analysing issues like asset bubbles, bank failures and the problems of regulating financial activity in domestic and global markets.

More information
20 Credits

Code: 6EC502

Financial Risk Management

This module introduces the methods that organisations can use to manage the risks of trading in global markets. All types of organisations need to manage the risk of adverse movements in exchange rates and interest rates. A good international strategy must include financial risk management. The extent to which an organisation can reduce risk depends upon its strategy and the availability of suitable products from the banking and financial markets. Students will learn about risk and risk management products and strategies. The distinctive nature of this module is the development of practical skills in building a strategy to manage risk.
20 Credits

Code: 6EC507

Applied Economics Project

This module is delivered in two semesters (Autumn and Spring). It is designed to build upon your existing knowledge of economic perspectives, basic statistics, data collection and analysis to enable you to undertake a small scale economic research project. This is a critical skill for any economist working in business consultancy. You will be introduced to real-world economic analysts, examine what they do, what type of research projects they are involved in and what analysis they produce and how they communicate it to clients.

You will also have opportunities to engage with local organisations to identify what type of economic analysis would help their business. You could potentially undertake the analysis for them. You will learn about the type of research methods and basic techniques economists use in applied research and you will use some of these to undertake your own piece of economic analysis. Your small scale project analysis will be presented in the form of a final report to a client, and the best work will be judged by a panel of economists and business consultants. You will also develop your skills in informal and formal networking.

More information
40 Credits

Code: 6EC508

Economics of Sustainable Business Growth

This module explores issues concerning how businesses, government and not-for-profit leaders and managers can better integrate the needs of the environment, people, and profits in the short and long term.

In this module, you will gain a comprehensive understanding of what is meant by the term sustainability and the values that help develop a model for business sustainability. You will analyse the UN Global Compact, which is a strategic policy initiative for businesses, and apply this to case studies introduced in the module.

During this module you will be expected to reflect on the theory presented and real-life examples introduced. This will enable you to develop your own thoughts and propose potential solutions to the opportunities and challenges of sustainable growth that face businesses at a local, regional, national and international level today.

More information
20 Credits

Code: 6EC509

International Banking

This module aims to provide a thorough understanding of the economics of international banking. You will specifically examine the special role played by the banking system in the world economy. We will overview the structure of financial intermediation and international banking activities.

You will analyse banks as providers of services to international businesses (managing funds, hedging and insuring risk, facilitating trade and investment etc.) and, at the same time, examine their activities as international businesses themselves (investing, brokering, underwriting etc.). In doing so, you will analyse central banks and government involvement in financial markets through monetary policy and regulation. 

All along, you will develop critical practical skills required by professional accreditation bodies such as selecting and interpreting data, analytical reasoning, problem-solving and decision-making skills which are vital for successful careers in a variety of international and domestic organisations.

More information
20 Credits

Code: 6EC510

International Business Economics

This module aims to provide a thorough understanding of the economics of international business. You will discuss the major global economic shifts and you will gain an understanding of the theories on the globalisation of business. We will explain international trade and foreign direct investment and you will examine the importance of government and institutions in controlling/regulating international business behaviour. You will also gain an insight into the workings of the international financial system and the challenges faced by multinational companies when dealing with foreign exchange and interest rates.

All along, you will develop critical practical skills required by professional accreditation bodies such as selecting and interpreting data, analytical reasoning, problem-solving and decision-making skills which are vital for successful careers in a variety of international and domestic organisations.

More information
20 Credits

Please note that our modules are subject to change - we review the content of our courses regularly, making changes where necessary to improve your experience and graduate prospects.

Side-on black and white portrait of a young student looking to the sky for inspiration with bokeh lights

Open Days

Register your interest for a future Open Day and we'll be in touch as soon as we are able to welcome you on campus.

Register nowRegister now

How you will learn

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. If you undertake the Applied Economics Project, you could have the opportunity to work on a live project involving a business.

Who you'll 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.

Melanie Powell

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.

Personal academic tutoring

Your personal academic tutor will work with you to help you get the most out of your time at university. Having someone to talk to about your academic progress, your university experience and your professional aspirations is hugely valuable. We want you to feel challenged in your studies, stretched but confident to achieve your academic and professional goals.

Find out more about personal academic tutoring

Who will teach you

Sayantan Ghosh Dastidar

Dr Sayantan Ghosh Dastidar
Programme leader

Dr Ghosh Dastidar joined the University of Derby as a Lecturer in Economics in January 2016. Before joining here, he was working as a Research Assistant at the University of Huddersfield. Currently, he is the Programme Leader for BA (Hons) Economics for Business and the Subject Leader for Joint Honours Economics.

View full staff profileView full staff profile

Entry requirements

September 2020 typical entry requirements

RequirementWhat we're looking for
UCAS points120* (up to 16 from AS-levels)
Specific requirements at A-level

No specific subject requirements

Specific requirements at GCSEGCSE Maths and English Grade C/Grade 4 (or above) or equivalent qualification
Interview / AuditionN/A

Alternative entry qualifications:

For joint honours degree entry you will need to choose two subjects. The entry criteria here is for this subject only. Your offer will be based on the higher entry criteria from the two subjects you choose to do. A good application/performance will be taken into account if you do not meet the criteria/offer conditions.

*The UCAS Points required for entry will depend on the subjects you choose to combine. The subject with the higher entry requirements will determine your offer.

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.

Two students sitting in front of a laptop smiling

Academic Achievement Scholarship

We’re offering eligible students a £1,000 scholarship to celebrate your hard work and success.

Learn more about the Academic Achievement ScholarshipLearn more about the Academic Achievement Scholarship

Fees and funding

2020/21 Fees


£9,250 per year*

£1,155 per module*


£14,045 per year


* The fees stated above are for the 2019/20 academic year; fees for 2020/21 have not yet been confirmed by the UK government. We will update this information as soon as it is available.

Further information about our fees and support you may be entitled to.

Additional costs and optional extras

How to apply

UK/EU students

Full-time students applying to start in September should apply for this course through UCAS or you can apply directly to the University for an undergraduate course if you’re not applying to any other UK university in the same year.

Apply through UCASApply directly to the University

Guidance for EU students post-Brexit

International students

Full-time students applying to start in September should apply for this course through UCAS or you can apply directly to the University for an undergraduate course if you’re not applying to any other UK university in the same year.

Apply through UCASApply directly to the University

Guidance for international applicants applying for an undergraduate degree


A Joint Honours degree featuring Economics could be your stepping stone to a lucrative graduate training scheme or a well rewarded financial consultancy role.

Because we focus on problem-solving and practical economic analysis, your career scope will be broad and exciting. 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.

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.

You can also consider progressing to any of the exciting masters programmes offered by Derby Management School – such as the MSc International Business and FinanceMBA Global FinanceMSc International BusinessMSc International Business and HRM or MSc International Business and Marketing – and get up to 25% alumni discount on your fees.

Contact us

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 Contact us

† Additional information about your studies

4 years with a placement year

You will typically study your two subjects equally at stage one, before choosing whether you want to major in one subject at stages two and three.

Download programme specification

Teaching hours

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, excellent 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

Optional costs not included in your fees

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.

Discover Uni

Economics can be combined with:

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

For this combination Discover Uni does not have enough data to publish a widget. It is important to note that this is not a reflection on the quality of the course.

View course

You might also like