Business Economics

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You are viewing this course for September start 2024

The BSc Business Economics degree at Aberystwyth University will train you to develop effective business solutions using practical economic knowledge. You will gain an in-depth understanding of the economic factors that influence business success and decision-making, and develop the analytical, computing and communication skills required by employers in both the private and public sectors. On successful completion of this degree you will have an informed and coherent understanding of economics, alongside the confidence and professional skills to apply both microeconomics and macroeconomics in context, to the real world.

Course Overview

Why study BSc Business Economics at Aberystwyth University?

At Aberystwyth Business School we focus on the practical application of economic ideas, knowledge and methods within the context of professional decision-making situations. You will learn to apply economic knowledge to issues in a number of disciplines related to business policy. The course also promotes the use of business statistics, econometrics and data visualisation, as opposed to a purely mathematical treatment of theoretical concepts and proofs.

You will develop a coherent understanding of economics as an analytical assessment tool and develop the professional skills to apply both microeconomics and macroeconomics in professional environments and macro and micro environment contexts.

Opportunities for Business Economics students at Aberystwyth include:

  • being taught by active researchers, ensuring that you are exposed to the latest theories and knowledge in the subject area
  • gaining real world industry perspectives through guest lectures by industry professionals
  • enhancing your career opportunities through our partnerships with business, industry and commerce
  • participating in business competitions.
Our Staff

Students at the Aberystwyth Business School are taught by lecturers and other teaching staff who are active researchers and expert practitioners in their chosen subject area.

Over 75% of full time members of teaching staff are qualified to PhD level. Most are currently research active, meaning that students benefit from being taught ‘new’ knowledge in their chosen field of study as well as recognized literature. The School also employs part-time and full time staff devoted purely to teaching. Many part-time staff combine teaching duties with consultancy and business activities, ensuring that students have access not only to up to date research but the latest applied knowledge.

Modules September start - 2024

Please note: The modules listed below are those currently intended for delivery during the next academic year and may be subject to change. They are included here to give an indication of how the course is structured.


Module Name Module Code Credit Value
Data Analytics AB15220 20
Fundamentals of Accounting and Finance * AB11120 20
Fundamentals of Management and Business * AB15120 20
Understanding the Economy AB13120 20
Economic Theory and Policy AB13220 20


Module Name Module Code Credit Value
Human Resource Management * AB25420 20
Macroeconomics: Theory and Policy Applications AB23220 20
Managerial Economics AB23320 20
Microeconomics Theory and Policy Applications AB23120 20


Module Name Module Code Credit Value
Contemporary Issues in Economics and Policy AB33120 20
Organizational Psychology AB35420 20
Strategic Leadership * AB35120 20
Trade and International Monetary Systems AB33520 20

* Also available partially or entirely through the medium of Welsh


The BSc Business Economics degree provides opportunities in areas such as policy analysis or government administration in the public sector, banking and finance sector or within the private sector. Other career paths include non-government organisations (NGOs) and voluntary organisations. Our graduates have gone to work in the Government Economic Services, HM Treasury, British Council, FDM Group, Nexus Financial Consulting, and Kiva. Many have also pursued research and further studies in higher education.

What skills will I obtain from this degree? 

Studying our degree in Business Economics will equip you with the following skills:

  • Understanding of organisational behaviour and structure
  • Improved numeracy skills and the ability to research, interpret and use business and financial data
  • Deep understanding of the causes and effects of economic and other external changes
  • The ability to communicate clearly in a written and spoken form;
  • Effective problem solving
  • Analytical and creative thinking skills
  • Decision-making
  • The ability to work independently and as part of a team
  • Time-Management and organisational skills
  • Self-motivation and self-reliance.

Teaching & Learning

What will I learn?

Below is an indicative list of core modules that you may study on this course.

In the first year you may discover:

  • Understanding the Economy
  • Economic Theory and Policy
  • Fundamentals of Management and Business *
  • Data Analytics
  • Fundamentals of Accounting and Finance *.

In the second year you may explore:

  • Microeconomics Theory and Policy
  • Macroeconomics Theory and Policy
  • Managerial Economics
  • Human Resource Management *
  • Research Methods *.

In the third year you may study:

  • Environmental Economics
  • Trade, Development and Growth
  • Organisational Psychology
  • Dissertation *.

* also available partially or entirely through the medium of Welsh.

How will I be taught? 

You will be taught through lectures, seminars and tutorials of which are in small groups. You will be required on some modules to deliver presentations, work effectively as part of a group and undertake any essays that are required from you.

At Aberystwyth University, all our modules are placed online for you to study further in the comfort of your room. We also have a wealth of printed texts which are available in our library and the National Library of Wales.

 The course is assessed by:

  • Examinations
  • Assessed essays
  • Projects
  • Presentations
  • Dissertation (certain modules).

You will be allocated a personal tutor for the duration of the degree at Aberystwyth University. 

Student Testimonials

Business Economics and the study thereof, provides a student not only with an in-depth understanding of both micro and macroeconomic principles, but combines other essential core elements relevant to the understanding of both modern, postmodern, and current international global economic issues. Through the use of additional elements of the social sciences framework, which include psychological, sociological, and ethical teachings, a student will gain a firm, and coherent understanding of both the socioeconomic, and economic issues affecting modern economic institutions, as well as the ability to apply both theoretical and logical solutions to the issues faced by ever increasingly globally connected economies. Paul Michael Simpson

Typical Entry Requirements

UCAS Tariff 120 - 96

A Levels BBB-CCC

GCSE requirements (minimum grade C/4):
English or Welsh and Mathematics

BTEC National Diploma:

International Baccalaureate:

European Baccalaureate:
75%-65% overall

English Language Requirements:
See our Undergraduate English Language Requirements for this course. Pre-sessional English Programmes are also available for students who do not meet our English Language Requirements.

Country Specific Entry Requirements:
International students whose qualification is not listed on this page, can check our Country Specific Entry Requirements for further information.

The University welcomes undergraduate applications from students studying the Access to Higher Education Diploma or T-level qualifications, provided that relevant subject content and learning outcomes are met. We are not able to accept Access to Higher Education Diplomas or T-levels as a general qualification for every undergraduate degree course.
Our inclusive admissions policy values breadth as well as depth of study. Applicants are selected on their own individual merits and offers can vary. If you would like to check the eligibility of your qualifications before submitting an application, please contact the Undergraduate Admissions Office for advice and guidance.

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