Introduction
Should a company open a new store? Who gains from interest rate changes? What are the implications of performance-related pay? How might a firm maintain market power, and what should it do when others enter the market?
BSc Business Economics (Industry) provides you with the analytical skills and intellectual toolbox to help answer these pressing questions and many more.
Why Lancaster?
With a Business Economics degree from Lancaster, you will discover the dynamic forces shaping our world as you delve into the interplay between consumers, businesses, and the ever-evolving environments in which they operate. This course goes beyond traditional economics, offering a rich blend of subjects from our Management School, empowering you to understand and influence the world of business like never before.
The BSc Business Economics begins by introducing the foundational principles of economic theory. The course then focuses on economic methods with specific applications to business. By choosing modules from within the Management School, you will be exposed to subjects such as marketing, accounting, finance and management science.
You will cover the fundamentals of economic theory and practice, and as your degree progresses and you discover more about both the subject and yourself, you can flex this programme in ways that speak to your changing interests and strengths. This flexibility means you can play a major part in building the degree you want, and might lead you to study themes such as:
- International trade and business
- Global macroeconomics and policy
- Public policy analysis
- Growth and development
