Economics and Accounting BSc

Compulsory

• Statistics and Data Analysis

  This module is designed to improve numerical and data analysis aptitude of students. It aims to provide an understanding of key statistical concepts and methods, such as descriptive statistics, probability theory, inference, testing and sampling. Students will be given the opportunity to work on data sets, develop theoretical, technical and software related skill, which are in high demand in industry.

• Mathematics for Economics and Finance

  This module is designed to provide students with the mathematical skills and techniques necessary for further study in Economics, Finance and Accountancy. Students will develop their understanding of basic algebra and differential calculus and the way they are applied in Economics, Finance and Accountancy.

• Microeconomic Principles

  The aim of this module is to introduce students to core concepts, methods and techniques of modern microeconomics. The course prepares students for more advanced topics to be studied in following years.

• Introduction to Financial Accounting

  This module aims to develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements.

• Financial Markets

  This module aims to give students an understanding of the roles and functions of financial markets and an awareness of the financial system, in order to provide a necessary basis for further study.

• Macroeconomic Principles

  This module provides students with a firm foundation in the principles of macroeconomics at the theoretical level, which will provide the basis for further core modules at level 2 and level 3. It aims to demonstrate the application of theory to current issues in macroeconomics.

Compulsory

• Intermediate Microeconomics

  The objective of the course is to provide students with insights from economic theory which are relevant to a variety of real world decisions. The emphasis is on applying microeconomics ideas to solve problems.

• Intermediate Macroeconomics

  The main aims of the module are to familiarise students with the assumptions, operation and predictions of the principal macroeconomic models. Enable students to understand current debate amongst Macroeconomists by examining the major theoretical controversies. And to explore policy implications relating to current macroeconomic performance.

• Financial Accounting and Statement Analysis

  This module aims to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities.

• Company Law and Regulation

  This module aims to explore the nature and scope of the general legal system in the UK and its major laws related to business and companies, to provide a critical understanding of the legal framework within which companies operate, to investigate legal obligations and the effects of the law on key factors in relation to company formation, day-to-day administration and failure, and to develop knowledge and analytical skills on evaluation of issues related to obligation of companies and their directors.

• Management Accounting

  This module aims to develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for purposes of planning, decision-making, performance evaluation, and control.

Optional

• Ethics and Accountancy Research Methods

  The aim of the course is to provide students with the theoretical and practical skills needed to understand and analyse main characteristics of financial and accounting data. Develop an understanding of relevant knowledge and skills related to the exercise of professional judgement in carrying out the role of the accountant in the areas of governance, internal control, compliance and the management of risk in an organisation, within the context of an overall ethical framework.

• Quantitative Methods

  The aim of the course is to provide students with a review of statistical methods applied in economic analysis, the theoretical skills needed to understand and analyse data and the practical skills needed to construct and estimate relevant models. Students will learn about and practice techniques in performing and discussing data analysis.

Compulsory

• Advanced Financial Reporting

  This module aims to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements.

Optional

• Applied Research in Accountancy

  The module is aimed to provide final-year undergraduates with the opportunity to provide evidence of their ability to independently pursue research in the area of accountancy chosen by them, with the assistance of, and the recommendation by, members of the Department. Students will be expected to develop their analytical ability and skills to conduct a general investigation into issues relating to accountancy.

• Taxation

  The module aims to enable students to examine the conceptual and computational principles of the UK taxation system as they affect businesses and individuals. Develop skills of using a computerised accounting system to execute and manage typical accounting processes of business organisations and acquire a critical understanding of the role that modern technology plays in making accounting procedures and practices more effective and efficient.  

• Audit and Assurance

  This module aims to develop knowledge and understanding of the process of carrying out the assurance engagement and its application in the context of best practice and current developments.

• Comparative and Contemporary Issues in Accountancy

  The aim of this module is to develop awareness of various aspects of the international financial accounting environment, to provide an overview of the international differences in financial reporting, examines harmonisation and classification and assesses the obstacles to and progress of the adoption of international standards in major countries. The module also provides a critical understanding of theories and contemporary approaches to ethics, corporate social responsibility and governance and the challenges of sustainable development and responses to it.

• Sustainability in Accounting

  The module aims to develop knowledge and understanding of the concepts of sustainability and sustainable development, as they apply to the accountancy and auditing professions, and how they inform future accounting/auditing practice.

• Public Sector Accounting

  This module aims to develop an understanding of the basic principles of public sector accounting, appreciate differences and similarities between public and private sector accounting and enable students to appreciate the significance of accountability in the public sector.

• Applied Research in Economics, Banking and Finance

  The module aims to provide final-year undergraduates with the opportunity to provide evidence of their ability to independently pursue research in the area of the topics chosen by them, with the assistance of, and the recommendation by, members of the Department. Students will be expected to develop their analytical ability and skills to conduct a general investigation into issues relating to economics and finance.

• Managerial and Industrial Economics

  This module introduces students to the latest theories on the organisation of the firms and industries. Practical examples will illustrate the role of each theory in current policy debates. The focus is on recent developments in the theory of oligopoly, including the study of cooperative and non-cooperative oligopoly behaviour based on game theory. In addition, the course covers some advanced topics in pricing and strategic behaviour. Case studies will indicate how and why industrial economics models are valuable tools for competition policy and antitrust activity.

• The Economics of Labour Markets

  The aims of this course are to survey the broad area of Labour Economics and to analyse how individuals, families, firms and governments operate within a contemporary labour market. The approach is a two-fold one: a theoretical survey with the incorporation of empirical evidence from several developed countries.

• Data Analysis for Microeconomic Policies

  This module will provide the theoretical and methodological tools to identify the causal impact of an event or policy on outcomes of interest. The module will introduce students to the potential outcome framework and the casual effects of interests, then study the ideal scenario: randomized control experiments, linking them to regression techniques. The module will also cover mainstream methods to overcome selection issues, such as instrumental variables and difference-in-difference. Economically relevant applications will be provided throughout the course.

• International Money and Finance

  The module aims to provide students with an understanding of the key issues in International Money, International Macroeconomics, and International Finance.

• Economic History and Thought

  The course will provide a broad outline of the history of the British economy through the last few centuries, and some additional understanding of the European economy. It will discuss many of the ideas about Economics that have been held by Economists in the past, and their contemporary relevance. The link between Economic Theory and Economic Policy will be discussed. There will be an evaluation of how Economic Policy affected the Economy, and how discussion about policy informed Economic theory.

• Environmental and Natural Resource Economics

  This module aims to provide an understanding of the behaviour and interconnections between economic agents, markets and the environment, to apply economic tools and theory to problems relating to the environment and natural resources and interpret their findings. It also engages students in critical evaluation of these tools and theories against real-world phenomena.