BSc (Hons) Economics with Law, Aberystwyth University

image This course combines the expertise of the Aberystwyth Business School and the Aberystwyth Law School and is designed to bridge the gap between theory and practice by developing an understanding of the global economic environment and legal regulations within which businesses operate.

Students will be exposed to core business principles, concepts and crucial legal elements while developing an in-depth appreciation of economic principles and its applications and influence in global business strategies. Together with a solid grounding in mathematical, statistical and computational skills, students would be able to refine their understanding of the complexities of real-world economics and their analytical and problem-solving skills.

This complementary blend of knowledge and highly transferable skills gained through this course will enable graduates to add value to any organisation and perform confidently in an increasingly globalised and digitised business environment.

Learning Outcomes
The course is designed to integrate a deep understanding of the subject matter with the development of key skills and competencies needed to adapt to a rapidly changing, dynamic, and competitive global marketplace. Upon completion, students will be able to:
▪ Demonstrate a broad understanding of management in practice and its relevance to business, trade and commerce in both the public and private sector.
▪ Demonstrate in-depth knowledge of complex modern business concepts, functions and procedures as well as contemporary issues and challenges.
▪ Apply themselves to the intricacies of management challenges and the combined impact of economic, financial, human and legal issues that managers deal with on a daily basis.
▪ Understand and identify the laws that impact the business world such as Company Law, Law of Contract, Commercial Law and other relevant legislation and case laws.
▪ Evaluate the impact of changes in the business environment in terms of economic events, accounting practices, the regulatory and legal environment, marketing decisions and the development of business strategies.

Course Subjects
Students will be exposed to a number of critical areas over 3 semesters and are assessed through a combination of written examinations and assignments.

Year 1:
▪ Introduction to Management
▪ Managing Finance
▪ Business Environment
▪ Marketing Principles
▪ The Law of Obligations
▪ Legal Systems
▪ Law in Action

Year 2:
▪ Firms, Markets and Pricing
▪ Marketing Management
▪ Organisational Behaviour
▪ Business Law
▪ Corporate Governance
▪ Company Law
▪ Operations and Innovation Management

Year 3:
► Human Resource Management
► Business Strategy
► Strategic Marketing
► Law of Contract
► Business Leadership and Corporate Responsibility
► Labour Law

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