Course description
BSc Industrial Economics
Programme
Year One
-Economics 1: Macroeconomic theory of national income and the rate of interest, open economy issues, inflation, unemployment and economic policy. Microeconomic analysis of consumer and firm behaviour and market structure.
-Quantitative Techniques suite of modules, which includes an introduction to Computing and Data Analysis using the University’s PC network, Mathematical and Statistical Techniques A for students without A level mathematics, or Mathematical and Statistical Techniques B for students with A level mathematics.
-The Industrial Economy: describes the evolution of industrial economies over the post-World War II period and examines their major institutions.
-Foundations for Accounting and Finance.
Year Two
-Economics 2: Microeconomic analysis including consumer demand, firm behaviour, welfare economics and public policy issues. Modern macroeconomic theory and its relation to economic policy issues.
-Industrial Economics 1: theoretical and empirical analysis of the modern industrial firm and the structure and behaviour of the industry.
-Economic and Social Statistics: confidence intervals, hypothesis testing, multiple regression, and computer-based investigation and modelling; or Econometrics 1.
Year Three
-Research in Applied Economics (see Economics).
-Industrial Economics 2: examines government policy towards industry in terms of the regulation of firm and market (e.g. monopoly and mergers policy) and issues of strategic industrial planning