BSc (Hons) Economics and Mathematics

Why Economics and Mathematics? In today’s globalised world, the need to understand economic principles and how they affect business is more important than ever before. We’ll give you the chance to gain a valuable grounding in economics with a deep knowledge of pure and applied mathematics, probability and statistical techniques. This will give you the opportunity to develop technical aptitude and skills, enabling a career within areas such as finance, economics and related fields. Economics looks at how people and organisations utilise the resources they have to meet their needs. You can look at economics at a national level, or from the perspective of a household or even a single person. Social problems like poverty and inequality, high unemployment and rising pollution can all be tackled through a knowledge of economics. On the course you’ll look at macroeconomics, which gives you the chance to explore how high-level factors such as income, inflation and consumption affect each other, and also microeconomics which looks at how individual businesses and even households behave and how to develop models to analyse them. You’ll also have the opportunity to gain a deeper understanding of statistical techniques which can be used to help solve real-life problems involving analysis of data and interpretation of the results. You'll also have the opportunity to explore large dataset and big data analytical systems. How will you learn? You will learn through practical application and delivered lectures, workshops, seminars and group work sessions. * This course will enable you to develop your skills as a mathematician whilst gaining a strong grounding in the conceptual underpinnings of economics. * This course aims to give you an in-depth study of microeconomic theories and applications, which include sector specific practices such as competition, regulation and government intervention. * You'll also study macroeconomics, which focuses on the importance of aggregate consumption, investment, and what fuels the economic growth. * In mathematics you will study areas such as calculus, analysis, linear algebra, differential equations and numerical analysis. * Throughout the course you'll have the opportunity to study mathematics, statistics, and econometrics. The quantitative modules will equip you with the tools used by professional economists to evaluate the impact of economic policies and analyse contemporary economic and social phenomena. * During your studies you'll have the opportunity to learn how to use Industry standard databases (such as Datastream), alongside sector leading software packages such as Stata, R and Eviews. We don’t expect you to be fully versed in economics before your course begins, as we aim to build up your understanding from first principles. We’ll also be looking at how mathematic tools can be used to analyse economic decisions. So any mathematics is very much applied rather than pure. What subjects will you cover? You’ll explore subjects such as an Introduction to Microeconomics and Macroeconomics, Calculus and Linear Algebra, Probability Theory and Statistical Methods, Econometrics and Big Data Analytics.