Business Economics (Including Year Abroad)

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BA (Hons) Business Economics Degree | University of Essex

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BA (Hons) Business Economics

Undergraduate Course

(Including Year Abroad)

Start date October 2027

Study mode Full Time

Course options 3 years + Year Abroad + Placement Year

Ask a question

Get a prospectus

Overview Course content Entry requirements Fees and funding What's next?

Overview

Course content

Entry requirements

What's next?

Open Day Registration

How to apply

The details

Course: Business Economics (Including Year Abroad)

UCAS code: LN11

Start date: October 2027

Study mode: Full-time

Duration: 4 years

Location: Colchester Campus

Based in: Economics

What is the BA Business Economics?

The BA Business Economics is a three-year degree, with an optional fourth year for a placement or study abroad, taught at our Colchester campus.

You’ll combine the study of economics with business, management, and finance to understand how economic decisions shape organisations and markets. You'll graduate with the analytical, commercial, and practical skills needed for careers across business, finance, consultancy, and the public sector.

Why this course

The BA Business Economics gives you a strong foundation in economic theory while developing the practical knowledge needed to understand how businesses operate and make strategic decisions. You'll explore the economic forces that influence organisations, markets, and financial systems in today's global economy.

Delivered jointly by the Department of Economics and Essex Business School, the course combines expertise from two leading academic departments. You'll gain an interdisciplinary understanding of economics, management, finance, and responsible business, preparing you to tackle complex commercial challenges.

Throughout your studies, you'll develop the analytical, quantitative, and problem-solving skills valued by employers across a wide range of industries, while learning how economic thinking supports effective business decision-making.

By the time you graduate, you'll be well prepared for careers in business, finance, consultancy, management, and economic analysis.

Who should apply

Students interested in economics and how it applies to business decision-making

Future business leaders, consultants, economists, and financial professionals

Learners who enjoy analysing markets, organisations, and economic challenges

Anyone looking for a degree that combines economic theory with real-world business practice

What you’ll learn

Microeconomics and macroeconomics: Understand how individuals, businesses, governments, and global markets interact.

Business economics: Apply economic principles to business strategy, management, and commercial decision-making.

Business ethics: Explore responsible management and ethical approaches to business.

Business strategy: Examine how organisations compete, grow, and respond to changing economic environments.

Management and finance: Develop practical knowledge of organisations, financial decision-making, and business operations.

Your learning experience

Interdisciplinary teaching: Learn from experts in both the Department of Economics and Essex Business School.

Research-led education: Study in departments recognised for internationally leading research in economics and business.

Responsible business: Explore ethical business practices alongside commercial and economic decision-making.

Real-world application: Apply economic theory to contemporary business challenges and organisational decision-making.

Career-focused skills: Build analytical, quantitative, communication, and problem-solving skills sought by employers.

Careers and outcomes

A BA in Business Economics prepares you for careers where commercial awareness, analytical thinking, and economic expertise are highly valued:

Business and management: Supporting strategic decision-making across public and private organisations.

Finance and banking: Working in financial analysis, investment, and corporate finance.

Economic consultancy: Advising organisations using economic research and market analysis.

Public policy: Applying economic expertise within government, regulatory bodies, and public organisations.

Entrepreneurship: Using economic and business knowledge to launch or grow successful ventures.

You'll graduate with the commercial insight, economic expertise, and transferable skills needed to succeed across a wide range of industries in the UK and internationally.

Teaching excellence

This course is delivered jointly by the Department of Economics and Essex Business School, combining expertise in economics, business, finance, and management.

Learn in a Department of Economics ranked 4th in the UK for research power in economics and econometrics (Research Excellence Framework 2021).

Benefit from teaching at Essex Business School, ranked 20th in the UK for research power in business and management (Research Excellence Framework 2021).

Study alongside academics whose research informs policy, business practice, and economic thinking around the world.

Why we're great.

13th for economics for overall positivity score (National Student Survey 2024, English broad- discipline higher education institutions)

Get hands-on experience in the world of investment banking with the Essex Equity Fund (EEF) - a unique initiative in the East of England. Participate in an investment bootcamp run by Essex alumni who are now investment bankers, before pitching your investment recommendations and monitoring their success.

7th in UK for economics (The Guardian University Guide 2025)

Your education extends beyond the university campus. We support you in expanding your education through offering the opportunity to spend a year or a term studying abroad at one of our partner universities. The four-year version of our degree allows you to spend the third year abroad or employed on a placement abroad, while otherwise remaining identical to the three-year course.

Studying abroad allows you to experience other cultures and languages, to broaden your degree socially and academically, and to demonstrate to employers that you are mature, adaptable, and organised.

If you spend a full year abroad you'll only pay 15% of your usual tuition fee to Essex for that year. You won't pay any tuition fees to your host university.

Placement year

Alternatively, you can spend your third year on a placement year with an external organisation, where you learn about a particular sector, company or job role, apply your academic knowledge in a practical working environment, and receive inspiration for future career pathways. You will be responsible for finding your placement, but with support and guidance provided by both your department and our placements team.

If you complete a placement year you'll only pay 20% of your usual tuition fee to Essex for that year.

Our expert staff

Study and work alongside some of the most prominent economists and computer scientists.

Our economics researchers are at the forefront of their field and have even received MBEs, with students coming from across the globe to study, research or work with us. Our Department of Economics is a richly diverse home to staff and students from all over the world who have a strong sense of belonging and want to think, learn and change the world together.

Many of our researchers also provide consultancy services to businesses in London and other major financial centres, helping us to develop research for today's society as well as informing our teaching for the future.

Within Essex Business School, our highly qualified and enthusiastic team blend strong academic backgrounds with industry experience. Our academics have a wide-range of research interests. Their teaching is informed by research to ensure your education is always up-to-date with the fast-changing world of business.

Specialist facilities

Take advantage of our extensive learning resources to assist you in your studies:

Extensive software for quantitative analysis is available in all computer labs across the university

Access a variety of economics databases and multiple copies of textbooks and e-books in the Albert Sloman Library

a state-of-the-art trading floor with Bloomberg Financial Market Labs, giving you hands-on experience of dealing in stocks and securities

modern lecture theatres

study pods and innovation booths for group working

networking opportunities with visiting businesses

Your future

Many employers want economists with critical thinking skills and business knowledge, who can tackle large data sets, understand the impact of economics on business and find a solution to real world problems. Our course helps you to become more employable and takes you closer to that dream job or postgraduate course when you graduate.

Our students are in demand from a wide range of employers in a host of occupations, including financial analysis, management, accountancy, management and marketing.

Our recent graduates have gone on to work for a wide range of high-profile companies including: Bank of England

Citigroup

Deloitte

Ernst and Young

Morgan Stanley

John Lewis

Santander

We also work with the University's Student Development Team to help you find out about further work experience, internships, placements, and voluntary opportunities.

Course structure

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The following modules are based on the current course structure and may change in response to new curriculum developments and innovation.

We understand that deciding where and what to study is a very important decision for you. We'll make all reasonable efforts to provide you with the courses, services and facilities as described on our website and in line with your contract with us. However, if we need to make material changes, for example due to significant disruption, we'll let our applicants and students know as soon as possible.

Components and modules explained

Components

Components are the blocks of study that make up your course. A component may have a set module which you must study, or a number of modules from which you can choose.

Each component has a status and carries a certain number of credits towards your qualification.

What this means

You must take the set module for this component and you must pass. No failure can be permitted.

Core with Options

You can choose which module to study from the available options for this component but you must pass. No failure can be permitted.

Compulsory

You must take the set module for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.

Compulsory with Options

You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.

Optional

The modules that are available for you to choose for each component will depend on several factors, including which modules you have chosen for other components, which modules you have completed in previous years of your course, and which term the module is taught in.

Modules are the individual units of study for your course. Each module has its own set of learning outcomes and assessment criteria and also carries a certain number of credits.

In most cases you will study one module per component, but in some cases you may need to study more than one module. For example, a 30-credit component may comprise of either one 30-credit module, or two 15-credit modules, depending on the options available.

Modules may be taught at different times of the year and by a different department or school to the one your course is primarily based in. You can find this information from the module code. For example, the module code HR100-4-FY means:

The department or school the module will be taught by.

In this example, the module would be taught by the Department of History.

The module number.

The UK academic level of the module.

A standard undergraduate course will comprise of level 4, 5 and 6 modules - increasing as you progress through the course.

A standard postgraduate taught course will comprise of level 7 modules.

A postgraduate research degree is a level 8 qualification.

The term the module will be taught in.

AU: Autumn term

SP: Spring term

SU: Summer term

FY: Full year

AP: Autumn and Spring terms

PS: Spring and Summer terms

AS: Autumn and Summer terms

Year 1 Year 2 Year Abroad Final Year

COMPONENT 01: CORE

Introduction to Economics

(30 CREDITS)

How do consumers make decisions? Or firms conduct different market strategies? What impact does government policy have on inflation? Or unemployment? Develop your knowledge of economics in relation to a range of contemporary issues. Learn how to apply both micro and macroeconomic principles to the analysis of such problems.

View Introduction to Economics on our Module Directory

COMPONENT 02: COMPULSORY

Introduction to Marketing

(15 CREDITS)

A key module across all our Business, Management, and Marketing courses Introduction to Marketing sets out the fundamental principles of marketing and covers the core elements of marketing management. The module explores marketing planning; the segmentation, targeting and positioning (STP) process; and the extended marketing mix (product, price, promotion, place, people, process, and physical environment). The module aims to help students develop marketing knowledge and skills that are important for future modules as well as the workplace.

View Introduction to Marketing on our Module Directory

COMPONENT 03: COMPULSORY

Introduction to Management

Introduction to Management is a broad-ranging module intended to provide a foundation in the most significant issues in management theory and practice, as well as to prepare you for related modules in subsequent years of your course. Because theoretical explanations, i.e. academic interpretations of what managers do and even of what they say they do, and what managers actually do in real organisations on a day-to-day basis, may differ, we will also draw out some of the connections and disjunctures between management theory and management practice. Our teaching also emphasises the ethics of managing and how to balance the bottom line of the business with the organisation's wider responsibilities to society and other stakeholders. The module also looks to explore how AI is being employed by managers and how this is changing the roles and responsibilities of the managers across sectors whilst also creating new risks and challenges.

View Introduction to Management on our Module Directory

COMPONENT 04: COMPULSORY WITH OPTIONS

EC114-4-FY or (BE303-4-AU and BE304-4-SP)

COMPONENT 05: OPTIONAL

Option(s) from list

COMPONENT 06: COMPULSORY

Career Skills in Economics

(0 CREDITS)

Are you ready for graduate employment? Like to improve your core skills? Need to know more about the working world? Attend workshops, events and activities to build your knowledge, abilities and experience with this compulsory, zero credit module that runs during your three years of undergraduate study.

View Career Skills in Economics on our Module Directory

COMPONENT 01: COMPULSORY

Microeconomics (Intermediate)

How do consumers behave in a competitive market? And what about producers? How do various imperfections affect the outcome of decentralised markets? Study the fundamental concepts and methods in microeconomics. Understand the tools and methods of analysis for economic reasoning, and develop your critical approach to economic issues and policies.

View Microeconomics (Intermediate) on our Module Directory

Financial Instruments and Capital Markets

How are financial markets organised? And what role do they play in the economy? Examine the main elements in modern finance. Study the activities of financial institutions and the main financial markets. Understand the theory and practice of financial regulation, looking at recent regulatory reforms.

View Financial Instruments and Capital Markets on our Module Directory

Economics of Organisational Management

How are firms organised? What impact does this have on their environment? Or their competitive strategies? Using real-life case studies, understand the economic principles behind different organisational arrangements. Apply economic analysis to address issues about decision making within different firms.

View Economics of Organisational Management on our Module Directory

COMPONENT 04: COMPULSORY

Business Strategy

The business world is increasingly global, complex and fast changing. While some organisations are consistently successful over a long period of time, many fail and are forgotten forever. In theory it should become consecutively easier to imitate the strategies of winning companies and dissipate their profits. In practice, however, only a few firms become long-term leaders. In this course, you explore why that is.

View Business Strategy on our Module Directory

(45 CREDITS)

Abroad Module 120 Credits

(120 CREDITS)

View Abroad Module 120 Credits on our Module Directory

Project: Economics

What interests you? Design and implement your own research project, under the guidance and supervision of our world-leading academic staff. Demonstrate your knowledge of economic ideas in greater depth, building your professional research skills and developing further understanding of a topic that fascinates you.

View Project: Economics on our Module Directory

Management of New Technology

What economic issues do computing firms face today? What about the pharmaceutical industry? Or telecommunication organisations? How does new technological knowledge allow these firms to keep a competitive edge? Using real-life case studies, learn how economics model-building methodology helps with the challenges of managing new technology in the modern world.

View Management of New Technology on our Module Directory

Market Structure and Strategic Behaviour

How do firms make decisions? And how do these decisions impact on the prices you pay? What role does game theory play? Understand strategic interaction among firms, using theoretical tools to examine real-world examples. Analyse the main economic forces behind firm behaviour, adapting economic models to study particular challenges.

View Market Structure and Strategic Behaviour on our Module Directory

COMPONENT 04: OPTIONAL

Placement

On a placement year you gain relevant work experience within an external business or organisation, giving you a competitive edge in the graduate job market and providing you with key contacts within the industry. The rest of your course remains identical to the three-year degree.

Year abroad

On your year abroad, you have the opportunity to experience other cultures and languages, to broaden your degree socially and academically, and to demonstrate to employers that you are mature, adaptable, and organised. The rest of your course remains identical to the three-year degree.

Teaching

Undergraduate students in the Department of Economics typically attend a two-hour lecture and a one-hour class for each module per week.

Teaching includes a combination of lectures, seminars and computer-based lab sessions

Modules delivered by experts in the field

Assessment

Assessed through traditional methods of end-of-year exams and multiple choice questions in class tests and essays

Plus more innovative and creative assessments include laboratory work, poster presentations, real-business case problems and group presentations

UK entry requirements

GCSE: Mathematics C/4.

Plus one of the level 3 qualifications below:

112 UCAS tariff points from a minimum of the equivalent of 2 full A-levels.

IB: 29 points in the IB Diploma or 112 UCAS tariff points to include a minimum of 2 Higher Level subjects. Our Maths requirement can be met with either: 2 in Standard level Maths; 2 in Higher level Maths; or 4 in IB Middle Years Maths.

We accept A-levels, AAQs, BTECs, Access to HE Diploma, T-levels and most other qualifications that hold UCAS tariff points. Acceptability of some non A-level qualifications (such as BTECs) may depend on the subject studied and units taken.

You can calculate your UCAS tariff points on the UCAS website.

Whilst International A-levels and BTECs aren't on the UCAS tariff calculator, we assign them the same tariff points as their UK counterparts.

Don't meet the entry requirements?

We know everyone's journey is different. If your achieved or predicted grades don’t match our entry requirements, you have a non-traditional educational background, or you're returning to study as a mature student, we'd still encourage you to apply. We review every application individually and may be able to offer you a place on this course, or an alternative route such as a foundation year.

Find out more about applying, personal statements, references, visas, deferred entry, extenuating circumstances, and support for mature students on our undergraduate application information page.

Contextual Offers:

We are committed to ensuring that all students with the merit and potential to benefit from an Essex education are supported to do so. We make Contextual Offers to applicants from underrepresented groups residing in the UK. Our Contextual Offers policy outlines the full eligibility criteria.

GCSE Mathematics C/4 plus

96 UCAS tariff points from a minimum of 2 full A-levels.

International & EU entry requirements

AFGHANISTAN

ANTIGUA AND BARBUADA

ARGENTINA

AUSTRALIA

AZERBAIJAN

BANGLADESH

BARBADOS

BELARUS (BYELORUSSIA)

BOSNIA AND HERZEGOVINA

BOTSWANA

BULGARIA

BURKINA FASO

CAMBODIA (KAMPUCHEA, KHMER R)

CAMEROON

CAPE VERDE ISLANDS

CENTRAL AFRICAN REP

COLOMBIA

CONGO (DEM REB, ZAIRE)

COSTA RICA

CZECH REPUBLIC

DJIBOUTI

DOMINICA

DOMINICAN REP

EAST TIMOR

EL SALVADOR

EQUATORIAL GUINEA

ETHIOPIA (ABYSSINIA)

GIBRALTAR

GILBERT ISLANDS (KIRIBATI)

GUATEMALA

GUIANA, FRENCH

GUINEA BISSAU

HONDURAS

HONG KONG

INDONESIA

IRAN (ISLAMIC REP)

IRELAND, REP

IVORY COAST

KAZAKHSTAN

KOREA SOUTH

KYRGYZSTAN (KIRGIZIA)

LIECHTENSTEIN

LITHUANIA

LUXEMBOURG

MADAGASCAR (MALAGASY REP)

MALAYSIA

MALDIVE ISLANDS

MARSHALL ISLANDS

MAURITANIA

MAURITIUS

MONGOLIA, OUTER

MONTENEGRO

MONTSERRAT

MOZAMBIQUE

MYANMAR (formerly Burma)

NETHERLANDS (HOLLAND)

NEW ZEALAND

NICARAGUA

NORTH MACEDONIA

OMAN (MUSCAT AND OMAN)

PAKISTAN

PALESTINE

PAPUA NEW GUINEA

PARAGUAY

PHILIPPINES

PORTUGAL (MADEIRA, AZORES)

SAMOA (WESTERN)

SAN MARINO

SAUDI ARABIA

SEYCHELLES

SIERRA LEONE

SINGAPORE

SLOVAKIA

SLOVENIA

SOLOMON ISLANDS

SOMALI REPUBLIC

SOUTH AFRICA

SOUTH GEORGE & STH SANDWICH IS

SOUTH SUDAN

SRI LANKA (CEYLON)

ST. KITTS AND NEVIS

ST. LUCIA

ST. VINCENT

SWAZILAND

SWITZERLAND

TAJIKISTAN

TANZANIA

THAILAND

TRINIDAD AND TOBAGO

TURKMENISTAN

TUVALU, ALSO ELLICE ISLANDS

UNITED ARAB EMIRATES

UNITED STATES

UZBEKISTAN

VENEZUELA

VIETNAM, SOC REP

YEMEN (PDR,ADEN,SOCOTRA)

ZIMBABWE

Award of the Hong Kong Diploma of Secondary Education with 544 from three best subjects including 3 in compulsory Mathematics and 4 in English.

Mathematics grades can be from either the HKDSE or 60%/C/3 from Secondary 4, 5 or 6.

If you are worried about meeting our offer level or have any questions, please contact our admissions team on

ugquery@essex.ac.uk who will be happy to discuss your options.

English language requirements

English language requirements for applicants whose first language is not English

IELTS 6.0 overall with a minimum of 5.5 in each component, or specified score in an equivalent test that we accept.

Details of English language requirements and the tests we accept for applicants who require a Student visa (excluding Nationals of Majority English Speaking Countries) can be found here

If we accept the English component of an international qualification it will be included in the academic levels listed above for the relevant countries.

Pre-sessional English courses

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

If you’re an international student, but do not meet the academic requirements for direct admission to this degree, you could prepare and gain entry through a pathway course. Find out more about opportunities available to you at the University of Essex International College

Home/UK fee

£10,050 per year

International fee

£23,750 per year

Fees will increase for each academic year of study.

If your course has the option to include a placement year or study abroad, and you choose to do so, you will pay the following:

20% of your standard tuition fee for that year

Full year abroad

15% of your standard tuition fee for that year

Single term abroad

Standard tuition fee

Scholarships and financial support

There may be scholarships, bursaries or discounts available to help with the cost of this course.

Fees and funding guide

Home/UK fees and funding information

International fees and funding information

What's next

Open Days

Our events are a great way to find out more about studying at Essex. We run a number of Open Days throughout the year which enable you to discover what our campus has to offer.

You have the chance to:

tour our campus and accommodation

find out answers to your questions about our courses, student finance, graduate employability, student support and more

meet our students and staff

Check out our Visit Us pages to find out more information about booking onto one of our events. And if the dates aren’t suitable for you, feel free to book a campus tour here.

2026 Open Days (Colchester Campus)

Saturday 7 November 2026 - November Open Day

Open Day Registration Find out more

Applying

Applications for our full-time undergraduate courses should be made through the Universities and Colleges Admissions Service (UCAS). Full details on how to apply can be found on the filling in your UCAS undergraduate application web page.

Our UK students, and some of our EU and international students, who are still at school or college, can apply through their school. Your school will be able to check and then submit your completed application to UCAS. Our other international applicants (EU or worldwide) or independent applicants in the UK can also apply online through UCAS Apply.

The UCAS code for our University of Essex is ESSEX E70. The individual campus codes for our Loughton and Southend Campuses are 'L' and 'S' respectively.

You can find further information on how to apply, including information on transferring from another university, applying if you are not currently at a school or college, and applying for readmission on our How to apply and entry requirements page.

If you receive an undergraduate offer to study with us in October 2026 and live in the UK, you will receive an email invitation to book onto one of our Open Days. These events provide the opportunity to meet your department, join interesting taster sessions, tour our campus and accommodation, and chat to current students. You can visit our Open Days event page for more information, including terms and conditions.

Visit Colchester Campus

Set within 200 acres of award-winning parkland - Wivenhoe Park and located two miles from the historic city centre of Colchester – England's oldest recorded development. Our Colchester Campus is also easily reached from London and Stansted Airport in under one hour.

Find out more

Virtual tours

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360-degree virtual tour allows you to explore our University from the comfort of your home. Check out our Colchester virtual tour to see accommodation options, facilities and social spaces.

At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications. The University would inform and engage with you if your course was to be discontinued, and would provide you with options, where appropriate, in line with our Compensation and Refund Policy.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and

Ordinances and in the University Regulations, Policy and Procedures.

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When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences, or your device, and is mostly used to make the site work as you expect. The information does not usually identify you directly, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to learn more and change our default settings. Blocking some types of cookies may impact your experience of the site and the services we are able to offer.

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These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

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These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.

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These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

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These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.

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