Curious about studying Economics with a Year in Industryat Swansea University? We've gathered all the key details—entry requirements, modules, fees, and more. Hear from real students by checking out reviews, or take the next step by booking an open day to explore it for yourself.
Bachelor of Science (with Honours) - BSc (Hons)
Singleton Park Campus
Full Time
Sep 2027
4 Year
An Economics degree can help to unlock a huge variety of careers, from investment banking and management consultancy to politics and management roles in global organisations. The BSc Economics degree at Swansea University has an excellent reputation for producing elite graduates, many of whom have progressed to work with world-leading brands such as Barclays, HSBC and PwC. You will be taught economic theory blended with mathematical and statistical elements. This helps to build the analytical tools, knowledge and techniques needed to thrive in a financially rewarding economics position. Constantly updated to maintain a modern, real-world relevance, the BSc Economics is equally suitable if you are targeting a career as an economist, if you are open to employment across different economic and financial fields, or if you are considering an extended path of postgraduate studiesEconomics graduates from Swansea are poised for financially rewarding and mentally challenging employment opportunities. Whether you target the pressured energy of a trading floor or the credibility of becoming an authority on business trends, this degree will make you a strong candidate for any graduate employer. Your future job title could be any of the following: Economist, Analyst, Researcher, Government Adviser, Management Consultant, Derivatives Trader, Financial Analyst and Econometrician.
This module provides a rigorous understanding of basic micro-economic principles by combining theory and application to contemporary issues, such that students have a sound basis for progression to study economics at Level 4. On completion of the module, students will: i) Explain and apply microeconomic theory and concepts, derive market demand and supply schedules, and analyze changes in market price. ii) Explain theories of perfect and imperfect competition, appraise the case for free-market economics, and recount the sources and implications of market failure.
The aim of this module is to introduce students to the fundamentals of financial and management accounting. Accounting is of critical importance in support of all business activities so this course is designed to introduce the basic concepts on which accounting is based, providing students with a toolkit that enables a better understanding of the performance of businesses and the decisions and problems they face.
The module outlines the principal aspects of modern economic analysis, the relationship to other approaches within science, and provides coverage (inter alia) of the nature and purpose of economic models, and of the distinctions to be drawn between theoretical, empirical and experimental work. The module allows students to have alternative perspectives that go beyond the mainstream economic theory?. The module provides students with the opportunity to develop a key communication skill, namely presenting to an audience using appropriate software.
The module is an introduction to applied economics. It aims to show how basic economic concepts and methods can be used to provide insight and policy recommendations on a variety of topical economic issues. In this module, students will able to: Understand and explain the way in which simple tools of economic analysis can be applied in characterizing and solving economic problems; Demonstrate knowledge and understanding of specified current issues in economics; Show an ability to formulate solutions to other economic problems with minimal guidance; Demonstrate organizational, inter-personal, communication and presentation skills through group work and report preparation.
This module builds provides a rigorous understanding of basic macro-economic principles by combining theory and application to contemporary issues, such that students have a sound basis for progression to study economics at Level 5. On completion of the module, students will: i) Explain and apply macroeconomic theory; ii) Describe the measurement and use of national income, and demonstrate how monetary and fiscal policies may influence national income and employment.
This module provides students with an understanding of structure and functions of financial systems, and introduces them to quantitative techniques used in investment and financial decision making at a basic level and is aimed at non-specialists. On completion of this module students should be able to: Analyse investment appraisal problems; Estimate a firm's cost of capital; Calculate a firm's optimal capital structure in the basic Miller-Modigliani model (with and without tax); Describe the issues involved in determining a firm's optimal capital structure; Describe the issues involved in determining a firm's optimal dividend policy.
The module will provide an overview of the statistical methods necessary for economic analysis, focusing specifically on the use of computer packages to conduct statistical analysis. On completion of this module students should be able to: Obtain, manipulate and present economic data; Identify appropriate numerical and graphical summaries for economic data; Understand the basic concepts of statistical inference; Calculate confidence intervals and p-values. Undertake, and interpret the results of, simple linear regression; Create, report and interpret statistical output in an appropriate manner.
In this year students will have optional modules.
The aim of this module is to provide students with a thorough grounding in the basic principles of market allocation, the nature and properties of market equilibria and the causes of market failure. On completion of the module, students will: Demonstrate a rigorous grounding in the theoretical aspects of microeconomics, which will be needed for the development of other areas of the subject; Demonstrate understanding of why economic agents behave in the ways that they do, such that they maximise their economic ideals; Show appreciation of how market structure affects the conduct of firms; Show awareness of the reasons why market failure is an important economic phenomenon.
In this year students will have optional modules.
This module provides students with an introduction to econometrics and in particular to the use of Ordinary Least Squares (OLS). The module seeks to provide students with basic assumptions of the OLS model and the consequences for estimation when these assumptions are not met. Students are introduced to the principles of statistical inference and diagnostic testing at a practical level based on the econometric package e-views.
In this year students will have optional modules.
This module is designed to support the development of analytical, quantitative and qualitative skills via the consideration of a range relevant economic issues and problems. Alternative methods and techniques are employed to derive information and support decision-making in a variety of contexts. The module focusses upon the examination of economic problems using mathematical and data-based analysis as tools for eliciting information in a very practical manner rather than considering methods in an abstract manner.
In this year students will have optional modules.
The module examines a variety of macroeconomic models and applies them to identify key policy questions. Different views on the appropriate role for active policy intervention are discussed and the basis for different positions on this issue examined.
In this year students will have optional modules.
The module is designed to give students the opportunity to apply their knowledge of economic principles to the formulation and critique of important areas of economic policy. As part of this aim, it is designed to encompass microeconomic and macroeconomic analysis of both the historical and contemporary economy. On completion of this module students will be able to: 1. Understand how economic concepts and principles can be used to analyse specific issues and evaluate appropriate policy proposals; 2. Critically appreciate the role of institutions and government regulation, where applicable, in the formulation and implementation of various policies; 3. Understand in depth the difficulties and conflicts which arise within a policy context; 4. Show appreciation of the expanding use of microeconomic theory for applied work; 5. Understand the advanced theoretical basis of stabilization policy and be able to assess the effectiveness of different policy rules in achieving policy goals; 6. Describe the key features of an inflation-targeting monetary regime, and its advantages compared to various alternative regime-design proposals; 7. Discuss the macroeconomic significance of budget deficits.
The placement will start in June-August and completes one calendar year later (or thereabouts). Students must complete a minimum of 40 full time (at least 35 hour) weeks on placement with the company (up to two holiday weeks may be counted against this total). On completion of the module, students will: appreciate the demands of the modern work place; be able to translate academic theory into action; be able to start building a network of industrial contacts.
In this year students will have optional modules.
This module presents analysis of a number of key issues in both microeconomics and macroeconomics. At the end of the module, student will be able to: Evaluate the implications of models of moral hazard and adverse selection in economic transactions; Analyse and interpret simple models of uncertainty in decision making with particular reference to attitudes to risk and the role of insurance markets; Analyse and critically assess theories of the behaviour of macroeconomic phenomena, commenting on their various policy implications; Identify testable predictions of macroeconomic models and critically evaluate them against the empirical evidence.
BBC-BBB Grades/points required
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