Bachelor of Science (BSc)

BSc Economics

Undertake highly structured training in economics, with a focus on enhancing and applying quantitative and analytical skills in modern economics.
  • Duration: 3 or 4 years
  • Year of entry: 2025
  • UCAS course code: L102 / Institution code: M20
  • Key features:
  • Study abroad
  • Industrial experience

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Fees and funding

Fees

Tuition fees for home students commencing their studies in September 2025 will be £9,535 per annum (subject to Parliamentary approval). Tuition fees for international students will be £31,500 per annum. For general information please see the undergraduate finance pages.

Policy on additional costs

All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).

Scholarships/sponsorships

Scholarships and bursaries, including the Manchester Bursary , are available to eligible home/EU students.

Some undergraduate UK students will receive bursaries of up to £2,000 per year, in addition to the government package of maintenance grants.

You can get information and advice on student finance to help you manage your money.

Course unit details:
Macroeconomic Analysis 4

Course unit fact file
Unit code ECON20532
Credit rating 10
Unit level Level 2
Teaching period(s) Semester 2
Available as a free choice unit? Yes

Overview

The unit aims to introduce students to a number of theories and models of modern macroeconomics, with particular attention to the role played by money and prices in the economy. Students will learn to use a unified theoretical framework to address important questions in macroeconomics and will develop a deep understanding of the role of money, banks and financial intermediation in an economy.

Pre/co-requisites

Unit title Unit code Requirement type Description
Macroeconomic Analysis 3 ECON20521 Pre-Requisite Compulsory
Co-Requisite: ECON20521. For BA Econ and BSc Econ only

ECON20521

Aims

The unit aims to introduce students to a number of theories and models of modern macroeconomics, with particular attention to the role played by money and prices in the economy. Students will learn to use a unified theoretical framework to address important questions in macroeconomics and will develop a deep understanding of the role of money, banks and financial intermediation in an economy.

Learning outcomes

At the end of the course student should have developed an understanding of key aspects of modern macroeconomic theory and policy.

Syllabus

Part I: Money

The role of money

  1. The role of money: a simple model of money (ch. 2, MME – with references to ch. 1)
  2. Inflation, the Phillips curve and the Lucas Critique (ch. 4, MME)

Part II: Banking

  1. Banking, liquidity and financial intermediation (ch. 8, MME)
  2. Money stock fluctuations and output (ch. 10, MME)
  3. Bank risk (ch. 13, MME)
  4. Liquidity risk and bank panics (ch. 14, MME)

Part III: Government debt and inflation

  1. Deficits and the national debt (ch. 15, MME)
  2. The temptation of inflation (ch. 18, MME)

Teaching and learning methods

Synchronous activities (such as Lectures or Review and Q&A sessions, and tutorials), and guided self-study

Employability skills

Innovation/creativity
critical thinking; problem posing, synthesis and analysis of data and information; critical reflection and evaluation.
Problem solving
Practical skills: using library; electronic and online resources.
Research
Using library, electronic and online resources.
Other
Transferable skills: information retrieval; numeracy; time management.

Assessment methods

30% Coursework

70% Final Exam

Feedback methods

 Students can receive further feedback from tutorials and office hours.

Recommended reading

Bruce Champ, Scott Freeman and Joseph Haslag, Modeling Monetary Economies. Cambridge University Press, 4th Edition. (MME)

Teaching staff

Staff member Role
Michele Berardi Unit coordinator

Additional notes

For every 10 course unit credits we expect students to work for around 100 hours. This time generally includes any contact times (online or face to face, recorded and live), but also independent study, work for coursework, and group work. This amount is only a guidance and individual study time will vary

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