Manchester Metropolitan University

BA (Hons)

Economics / International Business

2018 entry

Features and benefits of the course

  • You will be taught in the Business School’s state of the art building on All Saints Campu in central Manchester. Watch the video to find out more.
  • Optional four-year degree routes are available where you can spend your third year either taking a paid placement with an employer, or spending a year studying abroad at one of our partner institutions. 
  • Allows you to combine the study of two subjects.
  • Flexible study - choose the balance of your subjects in Years 2 and 3 of the degree. Named route study is available in Year 3 for International Business leading to a BA (Hons) International Business degree.
  • Suitable for students who haven’t studied economics or mathematics at A-Level.
  • The Faculty of Business and Law hosts two Professional Development Weeks annually. Free and open to all students, this includes a festival of skills-development activities, practical support in developing your CV and employability skills, and the opportunity to network with actively recruiting graduate employers. 

Accreditations, Awards and Endorsements

Placement options

We offer four-year placement and overseas study routes, where you have the opportunity to spend your third year on industrial placement or studying overseas, after which you will return to study for your final year. You can make a decision on whether to follow this route at the end of your first year of study.

About the course

International trade is important because most businesses operate in the global marketplace. This degree provides you with the business knowledge and cross-cultural management skills you will need in order to develop and maintain international business relationships in often volatile political, cultural and economic/financial environments. Contemporary business case studies enable you to see how various types of businesses operate and succeed in international markets. Assessments focus on the application of the skills and knowledge you have gained to real-life business situations. Economics is concerned with how we use resources. Studying economics develops your knowledge of the factors influencing how governments, companies, financial institutions and individuals invest and allocate their money. Economists evaluate and compare the costs and benefits of different courses of action, considering issues such as employment, the distribution of income and wealth, government spending, investment, productivity and growth, international trade and finance.

Typical units of study may include

Year 1

Combined Honours programmes offer the ability to undertake two separate areas of study as either equal, major/minor or named route combinations. In the first year you will study each subject combination equally and the core units for year one are shown below.

International Business units:

  • Dynamic Business Environment
  • Understanding and Managing People

Economics units:

  • Foundations of Quantitative Analysis in Economics
  • Microeconomics and Macroeconomics Principles 1

Core Units
Dynamic Business Environment

The aim of this unit is to develop your understanding of a range of dynamic factors in the business environment over which organisations have limited, if any control over but nonetheless need to mitigate against.  Topics studied include markets and globalisation, technological development, fundamental macroeconomic elements and concepts, and social, cultural and ecological factors.

Introduction to Macroeconomic Principles

This unit will concentrate on Macroeconomic modelling construction, analysis and application.  An emphasis is placed on the assessment of the macroeconomic models and their implications for the current state of the UK and the international economy. 

Your studies will cover topics such as:

  • The Circular Flow of Income
  • Short-run Macroeconomic Equilibrium
  • Keynesian Analysis of Inflation and Unemployment
  • Money Supply/Money Demand
  • Supply-side Economics
  • Phillips Curve
  • Exchange Rate Economics
  • Macroeconomic Growth
  • Sustainable Development
Introduction to Microeconomic Principles

This unit introduces students to microeconomic analysis.  Emphasis is placed on applying microeconomic theories and models to the understanding of the markets for goods and services. 

Your studies will cover topics such as: 

  • Demand
  • Supply and market behaviour
  • The concept of elasticity
  • Theory of demand
  • Theory of production and costs
  • Market structures
  • Theory of distribution of income
  • Market efficiency
  • Market failure and the need for intervention
Understanding and Managing People

You will study key issues from four main themes: 1.Individuals and work 2. Groups and social interaction 3. The nature and context of understanding and managing people with work and behaviour in organisations and 4.Personal and professional development

Year 2

Units of study available in year two and three on a Combined Honours programme will depend entirely on the route taken through the programme and whether there are any additional requirements for study made by a particular professional or regulatory body. 

International Business core unit:

  • International Political Economy

Economic core unit:

  • Current Issues in Economics

For an indication of option units currently available please see the single honours courses:

International Business Management: mmu.ac.uk/14945
Economics: mmu.ac.uk/15331

Please be advised that the unit combinations and availability will differ depending on whether you choose to undertake a major/minor, equal or named route through your programme. 

Core Units
Current Issues in Economics

This unit revisits some of the basic economic issues introduced at Level 4 but analyses them from an applied economic perspective & outlines how they impact the development of economic policymaking, particularly in the UK context. The applied course content is dominated by applied UK macroeconomic issues, such as the economic impact of Brexit, although some microeconomic/sectoral areas will be explored. The course thus aims, by exploring trends in the data, to deepen your knowledge of the principles of macroeconomic analysis; this, in turn, will help you understand recent dilemmas in UK economic performance & policymaking.

International Political Economy

This unit explores and critically appraises the relationship between states and markets, and assesses the impact of institutions of global governance on the dynamics of the global economy.

Year 3

For those on the four-year degree route, Year 3 will be spent on either placement or studying abroad at one of our partner institutions. Those on the three-year full-time route will progress directly to their final year of study.

Year 4

Units of study available in your final year on a Combined Honours programme will depend entirely on the route taken through the programme and whether there are any additional requirements for study made by a particular professional or regulatory body. 

Economics core unit:

  • Microeconomics and Macroeconomics Principles

International Business core unit:

  • International Business Theory and Strategy

For an indication of option units currently available please see the single honours courses:

International Business Management: mmu.ac.uk/14945
Economics: mmu.ac.uk/15331

Please be advised that the unit combinations and availability will differ depending on whether you choose to undertake a major/minor, equal or named route through your programme. 

Core Units
International Business Theory and Strategy

The unit (a) provides an in-depth analysis of strategic development options, and (b) examines a range of practical perspectives in the international business context.  It focuses on core themes in international business studies, including: theories of foreign direct investment; foreign market entry modes; and, strategies and organisational structures in the multinational enterprise. Topics covered include: location and competitive strategies; strategy formation; management of internationalised innovation; and, knowledge transfer (each in the context of international business activity).

Macro/Micro Principles 3

Intermediate principles of economic theory. In the microeconomics part, cost-benefit analysis, game theory and strategic behaviour in imperfect competition. In the macro part, the topics will include assessment of country's debts and deficits, money creation - high powered money multiplier and rules versus discretion in monetary policy.

Programme Review

Each programme of study that we offer undergoes an annual review to ensure an up-to-date curriculum supported by the latest online learning technology. In addition, we undertake a major review of the programme, normally at 6-yearly intervals, but this can take place at a more frequent interval where required. Applicants should note that the programme currently provided may be subject to change as a result of the review process. We only make changes where we consider it necessary to do so or where we feel that certain changes are in the best interests of students and to enhance the quality of provision. Occasionally, we have to make changes for reasons outside our control. Where there are changes which may materially affect the current programme content and/or structure, offer holders will be informed.

Methods of Assessment

You will be assessed through a combination of coursework and formal examinations.

Assessment Weightings and Contact Hours

10 credits equates to 100 hours of study, which is a combination of lectures, seminars and practical sessions, and independent study. A 3 year degree qualification typically comprises 360 credits (120 credits per year). The exact composition of your study time and assessments for the course will vary according to your option choices and style of learning, but it could be:

Study
  • Year 1 25% lectures, seminars or similar; 75% independent study
  • Year 2 25% lectures, seminars or similar; 75% independent study
  • Year 3 20% lectures, seminars or similar; 80% independent study
Assessment
  • Year 1 45% coursework; 55% examination
  • Year 2 50% coursework; 50% examination
  • Year 3 55% coursework; 45% examination

Teaching Staff

Your studies are supported by a team of committed and enthusiastic teachers and researchers, experts in their chosen field. We also work with external professionals, many of whom are Manchester Met alumni, to enhance your learning and appreciation of the wider subject. Details of departmental staff can be found at: http://www2.mmu.ac.uk/business-school/about-us/our-staff/dept-of-management/

Typical entry requirements

These typical entry requirements apply to the 2017 academic year of entry and may be subject to change for the 2018 academic year. Please check back for further details.

UCAS Tariff points/Grades required

104-112

104-112 UCAS Tariff Points at A2 (Grades BCC-BBC) or acceptable alternatives e.g. BTEC Subsidiary Diploma, Diploma, Extended Diploma at Level 3 (Grades DMM).

Specific GCSE requirements

GCSE grade C or grade 4 in English Language and Mathematics. Level 2 Functional Skills English and Mathematics also accepted.

Non Tariffed Qualifications

106-112 UCAS Tariff Points from a relevant Access to HE Diploma with at least 45 credits at Level 3.

International Baccalaureate points

26 IB Diploma Points

IELTS score required for international students

6.0 with a minimum of 5.5 in each element

There’s further information for international students on our international website if you’re applying with non-UK qualifications.

Further information

Applications are considered individually and you are advised to contact our Course Enquires team via the web form www.mmu.ac.uk/course-enquiry

Your career prospects after the course

Studying a combined honours degree gives you the opportunity to improve your employability by developing skills and knowledge in two subjects.

This subject combination offers you the possibility of working in global, international, national and regional organisations in a wide variety of roles.

Examples include in banking and finance, management, public administration and retail.

You could also apply to join professional bodies or go on to postgraduate study.

94%

In 2014, over 94% of our graduates went directly into work or further study within 6 months of graduation

DHLE survey 2014, for all respondents available for employment or further study and whose destinations are known

How do I apply for this course?

Applications through UCAS

Remember to use the correct institution code for Manchester Metropolitan University on your application: our institution code is M40

Confirmation of Regulator

The Higher Education Funding Council for England is the principal regulator for the University.

Important Notice

This online prospectus provides an overview of our programmes of study and the University. We regularly update our online prospectus so that our published course information is accurate and up to date. Please note that our programmes are subject to review and development on an ongoing basis. Changes may sometimes be necessary. For example, to comply with the requirements of professional or accrediting bodies or as a result of student feedback or external examiners’ reports. We also need to ensure that our courses are dynamic and current and that the content and structure maintain academic standards and enhance the quality of the student experience.

Please check back to the online prospectus before making an application to us.

The provision of education by the University is subject to terms and conditions of enrollment and contract. The current Terms and Conditions Applicable to the provision of the University’s Educational Services are available online. When a student enrolls with us, their study and registration at the University will be governed by various regulations, policies and procedures. It is important that applicants/students familiarize themselves with our Terms and Conditions and the Key Contract Documents referred to within. Applicants will be provided with access to an up to date version at offer stage. This can be found within the Information for Offer Holders document.

Undergraduate Study