BA (Hons) Economics / International Business

Today, any business can reach an international audience. Understanding economics is vital for success. Broaden your career opportunities by studying both areas.

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We're a double-accredited Business School

Clearing
2019

This course is open for Clearing applications for international fee-paying students only.

Call the Clearing helpline on +44 (0)161 247 3000 to make an application or visit our Clearing pages for more information.

Overview

Economics and International Business are a natural pairing. There’s never been a better time to develop your skills and understanding in both areas. In today’s global business world, even seemingly small economic events can have an international impact.

This course will give you a good grounding in both subjects and is suitable even if you haven’t studied economics or mathematics at A-level.

 

Economic impact

Economics is at the heart of everything from banking and insurance to government and business. 

In our economics units, you’ll examine resource allocation and decision making. You’ll explore how this affects a range of issues such as employment, distribution of wealth and international trade.

Developing your advanced analytical skills, critical evaluation and problem-solving abilities will prepare you for a range of exciting career options.

 

Business on a global stage

The digital era has blurred boundaries. It’s never been easier for businesses to operate internationally.

But it’s a highly competitive environment. One that’s shaped as much by trade agreements and foreign investment as it is business operations.

Understanding these challenges and opportunities is vital for success. On this course you’ll delve into these areas, as well as exploring how to manage people from different cultures and backgrounds.

Features and Benefits

  • Business centre of excellence – Manchester is a hub of business activity. Study in our double-accredited business school, surrounded by successful global businesses and a thriving start-up scene.
  • A world of opportunities – hone your skills on a work placement in the UK or overseas, or develop your knowledge and cultural awareness by studying abroad in your third year.
  • Business and economics experts – you’ll be taught by leading academics and business advisors. Learn about non-conventional approaches to economics, cryptocurrencies and the impact of Brexit.
  • Flexible study – tailor your degree to suit you by specialising in International Business or Economics from Year 2.
  • Free access to Bloomberg and Strata – use the same software for data analysis, statistics, modelling and news as global banks.
  • Boost your business network – join our award-winning Economics Society, or attend guest lectures with some of the foremost thinkers in the field.
  • Varied career options – studying International Business and Economics gives you diverse skills that organisations around the world are looking for.
“The Business School has many opportunities to network with large companies, such as KPMG, Bupa and Aldi. It was quite eye opening to see what they were looking for in their management trainees.” Mardiyyah Islam, BA (Hons) Economics.

Accreditations, Awards and Endorsements

"We’re at the heart of shaping post-Brexit debates, economic development, sports governance, core cities, and devolution in Manchester and the North West.”

Professor Donna Lee, Head of Department.

Career Prospects

Studying economics with international business in a combined honours degree will allow you to develop a range of sought-after skills that will serve you well as you start your career in global business. 

Economics and business feed into one another. Having an understanding of both will give you the chance to work in a wide range of organisations, both in the UK and overseas.

Your knowledge of economics will open up roles in accountancy, banking, government, retail and real estate.

Our Economics graduates have gone on to work for the likes of Experian, HM Revenue & Customs and PwC.

If you’ve got a head for business, you’ll be well suited to management jobs in a wide range of industries, from financial services to manufacturing.

Our International Business graduates have joined training schemes with global firms such as BMW, Credit Suisse and IBM.

Learn more about graduate careers

0%

of graduates go straight into employment or further study within six months of graduating.

DLHE survey 2017, for all respondents available for employment or further study and whose destinations are known.

Entry requirements

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

Pass Access to HE Diploma in a relevant subject with a minimum 106 UCAS Tariff Points.

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.

MEET THE EXPERTS

“We teach a mainstream core curriculum in economics, international business; the impact of sports governance and the development of sport as a business.  But as a modern university, we go much beyond that…”
 
Listen to what Donna Lee, Head of Department, has to say about studying at Manchester Metropolitan University…

Course details

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.

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

Read more about this year of study

Core Units

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

Managing People in a Contemporary Economy

The aim of this unit is to provide students with an understanding of the wider world of work. It introduces students to tools for analysing the external environment (e.g. PESTLE, SWOT etc.) in order for them to understand how social-economic factors influences organisational and HR strategies. It examines features of the contemporary economy such as labour markets, changes in workforce demographics, changing composition of the economy (rise in service and knowledge work, decline of manufacturing) and the global economy. It explores the implications of specific contexts of the contemporary economy for managing people; for example, service workers, knowledge workers, precarious workers, an international workforce, social care, and differences in public/private sector work.

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

Economics

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. 

Read more about this year of study

Core Units

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. The unit addresses the following issues: Globalisation and regionalism; Contemporary issues such as climate change, the global economic recession, economic development, international security (including their ethical and sustainability dimensions);  Global governance of trade, finance, investment and development. 

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.

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.

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

Economics

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. 

Read more about this year of study

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.

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 of 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
Assessment

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.

Department of Economics, Policy and International Business

Our Economics, Policy and International Business Department advances knowledge on the issues that matter on a contemporary global stage.

The department is committed to teaching excellence and is led by world-class professionals and academic economists. Reacting to the global needs of the digital age, its aim is to enable students to explore the vast areas influenced by economics and policy.

More about the department

Taught by experts

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.

Meet our expert staff

Fees

UK, EU and Channel Island students

UK, EU and Channel Island students: Full-time fee: £9,250 per year. This tuition fee is agreed subject to UK government policy and parliamentary regulation and may increase each academic year in line with inflation or UK government policy for both new and continuing students.

Non-EU international students

Non-EU international students: Full-time fee: £16,000 per year. Tuition fees will remain the same for each year of your course providing you complete it in the normal timeframe (no repeat years or breaks in study).

Additional Information

A degree typically comprises 360 credits, a DipHE 240 credits, a CertHE 120 credits, and an integrated Masters 480 credits. The tuition fee for the placement year for those courses that offer this option is £1,850, subject to inflationary increases based on government policy and providing you progress through the course in the normal timeframe (no repeat years or breaks in study). The tuition fee for the study year abroad for those courses that offer this option is £1,385, subject to inflationary increases based on government policy and providing you progress through the course in the normal timeframe (no repeat years or breaks in study).

Additional costs

Specialist Costs

All of the books required for the course are available from the library. The University also has PC labs and a laptop loan service. However, many students choose to buy some of the core textbooks for the course and/or a laptop. Students may also need to print their assignments and other documents. Campus printing costs start from 5p per page. Estimated costs are £300 for a laptop up to £100 each year for books and printing.

Funding

Find out more about financing your studies and whether you may qualify for one of our bursaries and scholarships.

Money Matters

Want to know more?

How to apply

This course is only open to International students through Clearing

Call our friendly team to find out more about this course and how to apply through Clearing

Please have the following information available:

Call us +44 (0)161 247 3000 Or email internationalclearing@mmu.ac.uk

You can review our current Terms and Conditions before you make your application. If you are successful with your application, we will send you up to date information alongside your offer letter.

MANCHESTER IS YOUR CITY. BE PART OF IT.

Programme Review
Our programmes undergo an annual review and major review (normally at 6 year intervals) to ensure an up-to-date curriculum supported by the latest online learning technology. For further information on when we may make changes to our programmes, please see the changes section of our Terms and Conditions.

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. Please check back to the online prospectus before making an application to us to access the most up to date information for your chosen course of study.

Confirmation of Regulator
The Manchester Metropolitan University is regulated by the Office for Students (OfS). The OfS is the independent regulator of higher education in England. More information on the role of the OfS and its regulatory framework can be found at officeforstudents.org.uk.

All higher education providers registered with the OfS must have a student protection plan in place. The student protection plan sets out what students can expect to happen should a course, campus, or institution close. Access our current Student Protection Plan.

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