BA (Hons) Accounting and Economics

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Course Description

Overview

The study of Accounting and Economics brings students face to face with the current trends,practices and themes within both the Accounting and in touch with global economies. This practical and relevant course develops students to become confident, knowledgeable and forward-thinking graduates ready to take on this growing sector head-on. Studying economics enables to gain a sound
knowledge of economic principles and to appreciate fully the way in which this knowledge can be applied in ‘real world’ situations. The field of study emphasises the role of economics in the formation of policy by individuals, companies and governments as well as offering an appreciation of the role played by business in a modern economy.

Description

The Qualifications have developed the learner’s ability to:
• Wide spectrum of knowledge and skills needed for real work environment.
• Provides both technical training in accounting and an understanding of the role businesses take in a modern economy.
• Progress to careers in accounting or with an accounting bias, as well as for careers in general management. It will also afford good preparation for professional accounting qualifications.

Course Information

Course code: ACC6024
Course type: Advanced
Course fee: £23,000 per year
Course duration: 3 years
Course delivery: Campus and work placement
Location: Hertfordshire, United Kingdom

Entry Requirement

The qualification can be offered to Learners from age 18. The Learners need to ensure that they have sufficient capability at the right level to undertake the learning and assessment.

English language requirements

The Qualifications have been designed to be accessible without artificial barriers that restrict access
and progression:
• IELTS minimum 5.0- 6.5 overall with no fail.
• Minimum 3A Levels or equivalent qualification.
• Pass 5 GCSE subjects

We consider applicants:
• Who have demonstrated some ability and possess Qualifications at Level 3, for example ‘A’ Levels or vocational awards.
• Who have spent some time in an organisational role and wish to develop their careers further.
• With professional experience looking to change careers through work-based learning.

Course Contents

• Introduction to Microeconomics
Microeconomics is concerned with the behaviour of individual firms, markets and consumers in their economic activity. Microeconomics considers choice-making within the context of a market mechanism. The module covers the nature of markets including the determinants of demand and supply and the competitive environment within industries. The role of the government in intervening in markets is also considered.

• Introduction to Macroeconomics
The module aims to provide students with an introductory grounding in the principles and concepts of macroeconomic analysis, including consideration of unemployment; inflation; money; banking; government policies in terms of taxes and interest rates, for example; an international trade.Indicative content: – Basic macroeconomic models – income-expenditure approach – Theories of consumption and savings – Aggregate demand and aggregate supply – Unemployment – Inflation – Money and banking – Fiscal and monetary policies – Introduction to open-economy macroeconomics.

• Accounting Principles
To gain an introduction to financial accounting, management accounting and finance, suitable for those who intend to specialise in these areas subsequently.

• The Accounting Professional
The module provides students with a series of academic skills and study strategies underpinning subsequent studies and successful graduation. The module is composed of several themes which will include communication, thinking and methods of enquiry, IT literacy, numeracy and the nature of knowledge.

Economics Tools and Techniques
This module is an introduction to important mathematical and statistical techniques that are used in economics. The module covers, among others: basics of algebra, linear relationships in economic analysis, basic graphical analysis, simultaneous equations, differential calculus, optimisation, basics of probability theory, descriptive statistics, simple regression.

• Management Accounting for Business Decisions
The module is aimed at prospective managers to enable them to understand the benefits and potential pitfalls of using management accounting information when making managerial decisions.

Work-based learning Opportunities:
Below are examples of potential career opportunities you could explore:
• Trainee Chartered Accountant
• Trainee Tax Adviser
• Trainee Retail Banker
• Trainee Chartered Public Finance Accountant
• Trainee Chartered Management Accountant

Progression

Learners completing this course can progress to:
• Level 7 Master in Accounting

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