BSc (Hons) Economics with Law, Aberystwyth University Overview

Overview
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 an understanding of a wide range of issues impacting on everyday life, including the creation of employment, inflationary pressures, international trade issues, the process of business competition, innovation and growth, the development of third-world countries, the protection of natural resources and government policy-making.
► Understand and identify relevant legislation and case laws that impact business and economic practices.
► Apply economic reasoning to the analysis of contemporary economic problems.
► Apply critical-thinking and problem-solving skills to make effective and ethical business decisions.
► Construct basic economic, statistical and mathematical arguments with appropriate and critical use of concepts, theories, models and evidence.
► Use economic problem-solving skills to discuss the opportunities and challenges of the increasing globalisation of the world economy.

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 Accounting
► Economic Principles and Skills 1 & 2
► Mathematics for Economics and Finance 1 & 2
► Introduction to Management Accounting
► Legal System
► Statistics for Economists
► Law in Action
► The Law of Obligations

Year 2:
► Macroeconomic Behaviour and Systems
► Introduction to Econometrics
► Business Law
► Intermediate Microeconomics; Consumer and Producers
► Corporate Finance and Financial Markets
► Corporate Governance
► Company Law

Year 3:
► Advanced Topics in Macroeconomics
► Advanced Topics in Microeconomics
► Law of Contract
► Taxation
► Investments and Financial Instruments
► Labour Law

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