BSc Economics with Accountancy
“I always felt the course was kept relevant and in keeping with global economic headlines. I also found the lecturers were very approachable and easy to talk to.”
In their words
Simon Beeson, BSc Economics Alumnus, HSBC
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The BSc Economics with Accountancy degree programme, offered in conjunction with the Norwich Business School, is highly suited to those seeking a thorough training in economic analysis with a focus on accounting, business management, financial markets and corporate finance.
BSc Economics with Accountancy is highly suited to those seeking a thorough training in economic analysis with applications in accounting, business, management, financial markets and corporate finance.
Taught through the combined expertise of the School of Economics and the Norwich Business School, this degree programme is designed to meet the requirements of students looking to become involved in the accounting and financial side of business and management. You will have the opportunity to tailor your studies by selecting from a diverse range of modules, and benefit from excellent teaching. We have received excellent feedback from our students, having been ranked first for academic support and second for overall satisfaction in the 2016 National Student Survey.
This degree provides the opportunity to gain training in economic analysis, finance, business, management and accounting and will suit anyone interested in the finance side of business, management and economics.
This three year course provides a wide range of integrated contemporary modules, which focus both on business finance and economics. You will be given a varied choice of modules throughout your degree to direct your own learning, alongside compulsory modules to develop your knowledge of core principles.
You will study a number of compulsory modules in economics and business, allowing you to begin to develop crucial skills and knowledge. These introductory modules will cover economics, mathematics, statistics, business, and financial and management accounting.
In your second year you will continue to develop your understanding of the macro and micro economy through the modules ‘Intermediate Macroeconomics’ and ‘Intermediate Microeconomics’. In ‘Introductory Econometrics’ you will build your statistical skills, with the option to apply them in the form of a practical project designed to answer a research question in the module ‘Econometrics Research Project’. This module is also designed to enhance the employability of our graduates.
You will also select optional modules from a diverse range offered by the Norwich Business School, including ‘Financial Accounting’, ‘Management Accounting’ and ‘Company Law’.
During your third year you will be given the option to further your study of macroeconomics, microeconomics and econometrics.
The remainder of your third year allows you to choose from a wide range of modules related to finance and business, covering financial markets, derivatives, risk management and alternative investing. Other options related to business and accounting are offered by the Norwich Business School.
There are also optional modules in economics covering areas such as labour, the environment, economic thought, public policy and the economics of sport.
You will also have the option to take a dissertation during your final year.
Assessment is carried out through examinations and a variety of forms of coursework, including essays, oral presentations, research exercises and group work.
- Essays are used for testing general levels of understanding and ability to apply concepts
- Course tests are used for checking on mastery of technical material
- Econometric projects are used for testing ability to apply, interpret and assess statistical techniques
- In some modules, teaching and assessment is supported by audience response system technologies, which help to establish a dialogue between teachers and students, and to convey useful feedback to students in real time
- Critical review of an academic article is employed in order to test both understanding and the ability to critically assess
- Examinations allow for open-ended treatment of material.
You will be well placed to choose from a wide range of career opportunities, including business, consulting, banking, politics, insurance, working in the Civil Service, business economics, personnel, accountancy, actuarial work, marketing, investment and financial risk analysis, and international organisations.
Many of our graduates go on to build careers in leading organisations, both nationally and internationally, such as:
- Bank of England
- Ernst and Young
- Goldman Sachs
- Government Economic Service (such as HM Treasury and the Home Office)
- Grant Thornton
- JP Morgan
Economics graduates are also amongst the best paid: a HESA (2014) survey showed that economics sits just behind medical and engineering degrees at the top of the graduate salaries table.
Course Modules 2017/8
Students must study the following modules for 120 credits:
INTRODUCTION TO BUSINESS (2)
Introduction to Business aims to provide a platform for understanding the world of management and the managerial role. The module explores the business environment, key environmental drivers and functions of organisations, providing an up-to-date view of current issues faced from every contemporary enterprise such as business sustainability, corporate responsibility and internationalisation. There is consideration of how organisations are managed in response to environmental drivers. To address this aspect, this module introduces key theoretical principles in lectures and seminars are designed to facilitate fundamental study skills development, teamwork and practical application of theory. No previous knowledge of business or business management is required. The general business concepts introduced in lectures are applied in a practical manner during seminars.By the end of this module, students will be able to understand and apply key concepts and analytical tools in exploring the business environment and industry structure respectively. This module is for NON-NBS students only.
INTRODUCTION TO FINANCIAL AND MANAGEMENT ACCOUNTING (2)
This module provides a foundation in the theory and practice of accounting and an introduction to the role, context and language of financial reporting and management accounting. The module assumes no previous study of accounting. It may be taken as a standalone course for those students following a more general management pathway or to provide a foundation to underpin subsequent specialist studies in accounting. This module is for NON-NBS students only.
This is a compulsory module for all ECO students and it is a prerequisite for later economic modules. The aim of the module is to introduce you to the fundamental principles, concepts and tools of macroeconomics and to apply these to a variety of real world macroeconomic issues. There is some mathematical content - you will be required to interpret linear equations and solve simple linear simultaneous equations. The module will introduce students to core macroeconomic indicators such as income, inflation, unemployment and the stance of the balance of payments. Thus, focussing predominantly on the short-run, the module will consider: (1) models for equilibrium in the goods market and the money market, (2) applications of such models to discuss the role of fiscal and monetary policy, (3) the trade-off between inflation and unemployment, and (4) the role of expectations in macroeconomic analysis.
INTRODUCTORY MATHEMATICS FOR ECONOMISTS
This module covers those mathematical techniques that are most relevant to the study of Economics at University level. The mathematics part of the module will focus on developing understanding of linear and non-linear functions, progressing to a treatment of differential calculus. The focus will be on the mathematical techniques themselves and their economic applications. This module is a prerequisite for the year 2 module Introduction to Econometrics. Students with strong performance on this module - a final mark of at least 70 - will have the opportunity to broaden their quantitative skills by taking the optional module Mathematical Economics later in their degree.
This is a compulsory module for all ECO students and it is a prerequisite for later economic modules. The aim of the module is to introduce you to the fundamental principles, concepts and tools of microeconomics. The aim of the module is apply these to a variety of real world economic issues. There is some mathematical content - you will be required to interpret linear equations, solve simple linear simultaneous equations and use differentiation. The module is primarily concerned with: (1) the ways individuals and households behave in the economy; (2) the analysis of firms producing goods and services; (3) how goods and services are traded or otherwise distributed - often but not exclusively through markets; and (4) the role of government as provider and/or regulator.
INTRODUCTORY STATISTICS FOR ECONOMISTS
Basic statistical knowledge is fundamental to any understanding of applied topics in economics, business and related disciplines. The module aims to provide students with experience in the use of real statistic data and a fuller understanding of probability and statistical inference techniques. This module is a prerequisite for the year 2 module Introductory Econometrics.
Students must study the following modules for 60 credits:
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4006Y This is a module in intermediate economic theory. It is part of the compulsory core of the economic undergraduate programme and builds on the concepts covered in Introductory Macroeconomics (ECO-4006Y). The module focuses on contemporary controversies in macroeconomic policy and performance, providing practical insights into concerns such as unemployment, inflation and economic growth. The module aims to develop your understanding of key economic models, to develop your skills in applying these models and to provide the framework for further study in Economics.
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4005Y This is a module in intermediate microeconomic theory. It is part of the compulsory core of the economic undergraduate programme and builds on the concepts covered in Introductory Microeconomics (ECO-4005Y). The module will focus on understanding consumer and firm behaviour, choice under uncertainty, market competition and failure and strategic interaction. The module aims to develop your understanding of key economic models, to develop your skills in applying these models and to provide the framework for further study in Economics.
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4001B (or equivalent) This module introduces students to some basic econometric techniques and the problems which arise in their use. Students will have the opportunity to apply these techniques to a variety of economic problems and estimate models with the aid of statistical software. Module topics include Ordinary Least Squares estimation and the estimation of Limited Dependent Variable models.
Students will select 40 credits from the following modules:
BUSINESS AND COMPANY LAW
This module is highly vocational and primarily designed for students taking accounting and related degrees, who wish to satisfy the curriculum requirements of the accounting profession, as having a foundation in aspects of English business and company law. The module covers in particular detail the Law of Contract and Company Law but also a wide variety of other subject areas, including the English Legal System, Partnership and Agency Law, Law of Torts, Criminal Law, Data Protection Law and Employment Law.
This module is about the theory and practice of financial accounting and reporting. This includes an examination of current and legal professional requirements as they relate to limited liability companies in the UK. Large UK companies report using International Financial Reporting Standards and therefore international reporting issues are considered.
INFORMATION SYSTEMS FOR MANAGEMENT
The module explores the ways in which organizations acquire, implement, and manage modern Information Systems.Important topical applications of Information Systems are explained, including Business Intelligence, the Human Computer Interface (HCI), Change Management, Information Systems Development, Sustainable Technologies and the New Technologies that are changing the way organisations do business and gather and disseminate information. The impacts of these technologies on the ways that businesses operate and interact with one another and with their customers are analysed. The module addresses the changing role of information systems and technology in modern organisations. In particular, it examines the multiple roles and uses of information in organisations. Thus, its emphasis is on the 'I' in IT (the information), not on the 'T' (the technology).
The module aims to develop students' understanding of the theory and practice of management accounting. It develops underpinning competencies in management accounting and builds on topics introduced in the first year. It extends comprehension of the role and system of management accounting for performance measurement, planning, decision making and control across a range of organisations. Additionally, it introduces recent developments in management accounting practice, particularly those which underpin its growing strategic role.
Students will select 20 credits from the following modules:
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4005Y and ECO-4006Y This module considers various economic issues from a behavioural economics perspective, such as biases in decision making; extrinsic and intrinsic motivation; which pay schemes work best; respect and autonomy in organizations; understanding cooperation and coordination; and how we can nudge people to make better decisions.
ECONOMETRICS RESEARCH PROJECT
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4001B (or equivalent) and ECO-5006A This module builds on the econometric techniques introduced in Introductory Econometrics. Specifically students will use their data analysis and econometric skills to produce a research project using cross-section data drawn from nationally representative survey data. The survey provides information on household composition, employment and skills, income and wealth, education, health and lifestyle, social and political attitudes, well-being, environment and transport, children and families giving scope to allow students to consider a broad range of potential topic areas. The project will provide students with a range of practical, analytical and interpretative skills.
HISTORY OF ECONOMIC THOUGHT
This module offers an overview of the evolution of economic thought over the past four centuries, from Adam Smith's concept of natural order to current days' debate on the Re-thinking Economics Movement. The discussion of alternative theories will focus on a critical appraisal of assumptions, methodology, and results. Embracing an historical approach, we will explore core issues in the Methodology of Economics, including the concept of equilibrium, the concept of rationality, and the role of Mathematics in the economic analysis. The aim of the module is to develop students' critical thinking, allowing them to form judgements on different approaches to economic analysis.
THE EUROPEAN ECONOMY
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4005Y and ECO-4006Y, OR NBS-4003Y, OR NBS-5016Y This module goes out from recent EU developments, emphasising the challenges posed by Brexit, as well as by monetary union and financial crisis. To appreciate the significance of economic integration and the various options available for the UK upon leaving the European Union, we explore the economics of preferential trade and further dimensions essential to a single market. The module reconsiders economic growth in the context of an integrated economy, and the potential knock-on effects from a country's withdrawing from the single European market. It evaluates the role of factor mobility, questioning the economic theory underpinning the freedom of movement of workers, as well as exploring trends and effects of cross-border migration in Europe. The module presents two common policies governing European economies, offering an overview of EU competition policy and the Common Agricultural Policy (CAP), along with their implications for non-EU members. The discussion then moves into the economics of monetary unions. This reviews the arguments in favour and against adopting common currencies, and emphasises the role of a lender of last resort. A final part reviews the issue of fiscal policy co-ordination, exploring developments in public debt and financial market integration, along with the institutional challenges raised by the euro crisis.
DisclaimerWhilst the University will make every effort to offer the modules listed, changes may sometimes be made arising from the annual monitoring, review and update of modules and regular (five-yearly) review of course programmes. Where this activity leads to significant (but not minor) changes to programmes and their constituent modules, there will normally be prior consultation of students and others. It is also possible that the University may not be able to offer a module for reasons outside of its control, such as the illness of a member of staff or sabbatical leave. In some cases optional modules can have limited places available and so you may be asked to make additional module choices in the event you do not gain a place on your first choice. Where this is the case, the University will endeavour to inform students.
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Norwich Economic Papers
The Norwich Economic Papers provides an opportunity for ECO students to engage in and publish scholarly work in economics.
- A Level ABB excluding General Studies
- International Baccalaureate 32 If no GCSE equivalent is held, offer will include Mathematics and English requirements.
- Scottish Advanced Highers BCC
- Irish Leaving Certificate 3 subjects at H2, 3 subjects at H3
- Access Course Pass the Access to HE Diploma with Distinction in 30 credits at Level 3 and Merit in 15 credits at Level 3
- BTEC DDM BTEC Public Services is not accepted.
- European Baccalaureate 75%
GCSE Requirements: GCSE English Language grade 4 and GCSE Mathematics grade 5 or GCSE English Language grade C and GCSE Mathematics grade B.
UEA recognises that some students take a mixture of International Baccalaureate IB or International Baccalaureate Career-related Programme IBCP study rather than the full diploma, taking Higher levels in addition to A levels and/or BTEC qualifications. At UEA we do consider a combination of qualifications for entry, provided a minimum of three qualifications are taken at a higher Level. In addition some degree programmes require specific subjects at a higher level.
Students for whom English is a Foreign language
We welcome applications from students from all academic backgrounds. We require evidence of proficiency in English (including speaking, listening, reading and writing) at the following level:
- IELTS: 6.0 overall (minimum 5.5 in any component)
We will also accept a number of other English language qualifications. Please click here for further information.
INTO University of East Anglia
If you do not meet the academic and/or English language requirements for this course, our partner INTO UEA offers guaranteed progression on to this undergraduate degree upon successful completion of an International Foundation or International Year One programme. Depending on your interests and your qualifications you can take a variety of routes to this degree:
- International Foundation in Business, Economics, Society and Culture
- International Foundation in Mathematics and Actuarial Sciences
- International Year One in Business Management and Economics
INTO UEA also offer a variety of English language programmes which are designed to help you develop the English skills necessary for successful undergraduate study:
InterviewsThe majority of candidates will not be called for an interview and a decision will be made via UCAS Track. However, for some students an interview will be requested. You may be called for an interview to help the School of Study, and you, understand if the course is the right choice for you. The interview will cover topics such as your current studies, reasons for choosing the course and your personal interests and extra-curricular activities. Where an interview is required the Admissions Service will contact you directly to arrange a convenient time.
Gap YearWe welcome applications from students who have already taken or intend to take a gap year. We believe that a year between school and university can be of substantial benefit. You are advised to indicate your reason for wishing to defer entry and to contact email@example.com directly to discuss this further.
The School's annual intake is in September each year.
Candidates with equivalent qualifications are encouraged to apply, or contact the Admissions Office for further information.
International candidates are also actively encouraged to access the University's International Students webpage.
Fees and Funding
Undergraduate University Fees and Financial Support
Information on tuition fees can be found here:
Scholarships and Bursaries
We are committed to ensuring that costs do not act as a barrier to those aspiring to come to a world leading university and have developed a funding package to reward those with excellent qualifications and assist those from lower income backgrounds.
The University of East Anglia offers a range of Scholarships; please click the link for eligibility, details of how to apply and closing dates.
How to Apply
Applications need to be made via the Universities Colleges and Admissions Services (UCAS), using the UCAS Apply option.
UCAS Apply is a secure online application system that allows you to apply for full-time Undergraduate courses at universities and colleges in the United Kingdom. It is made up of different sections that you need to complete. Your application does not have to be completed all at once. The system allows you to leave a section partially completed so you can return to it later and add to or edit any information you have entered. Once your application is complete, it must be sent to UCAS so that they can process it and send it to your chosen universities and colleges.
The UCAS code name and number for the University of East Anglia is EANGL E14.
If you would like to discuss your individual circumstances with the Admissions Service prior to applying please do contact us:
Undergraduate Admissions Service
Tel: +44 (0)1603 591515
Please click here to register your details via our Online Enquiry Form.
International candidates are also actively encouraged to access the University's International section of our website.
We can’t wait to hear from you. Just pop any questions about this course into the form below and our enquiries team will answer as soon as they can.
telephone +44 (0)1603 591515