International Economics and Trade BA | 2018/19
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International Economics and Trade BA (Hons) 2018/19 entry

Course code:

BESU040

Study options:

3 years
4 years sandwich or study abroad

Location:

Coventry University

Starting:

September 2018

 

Fees:

2018/19 Fees - TBC* (2017/18 Fees - £11,927)

Find out more

Faculty:

Get in touch

For questions regarding study and admissions please contact us:


+44 (0) 24 7765 2152


Overview

Understanding the complex world of international trade economics isn’t easy. Let our renowned course and experts guide you through the task!

This course is designed for those who wish to study international trade and international aspects of economics in order to pursue global management careers. You’ll be encouraged to become a ‘global thinker’, using your sound knowledge of monetary economics to understand and evaluate global trends, policy and topical issues, such as the economic implications of the UK leaving the EU or the trade-off between inflation stabilisation and economic growth.

One of the largest Business Schools in Europe, Coventry is rated ‘excellent’ by Eduniversal and 5th best in the UK for Economics by the Guardian University Guide 2018. You’ll benefit from industry-standard facilities, including one of the largest academic trading floors in Europe. Our experienced teaching staff share their professional or research expertise, having worked for organisations such as the Financial Service Authority, run national training courses for the Economics Network and published in leading journals, including International Journal of Economics and Business Research.

Why Coventry University?

An award-winning university, we are committed to providing our students with the best possible experience. We continue to invest in both our facilities and our innovative approach to education. Our students benefit from industry-relevant teaching, and resources and support designed to help them succeed. These range from our modern library and computing facilities to dedicated careers advice and our impressive Students’ Union activities.

Global ready

An international outlook, with global opportunities

Employability

Career-ready graduates, with the skills to succeed

Teaching Excellence

Taught by lecturers who are experts in their field

Course essentials

A degree which offers you more, at no extra cost

Accreditation and Professional Recognition

This course is accredited and recognised by the following bodies:

European Foundation for Management Development (EFMD)

As a mark of our quality and international perspective, Coventry Business School is an active member of the European Foundation for Management Development (EFMD) and Chartered Association of Business Schools (CABS), as well as being signatories to the United Nations Principles for Responsible Management Education (UN PRME) initiative. Our experiences and involvement with these organisations help to enhance the quality of your educational experience.


Chartered Association of Business Schools (CABS)

What our students say

I chose this course because I’m interested in how the world works, how big decisions are made and their results. Lecturers apply real world theories, which make the course more enjoyable and relevant.”

Martin Berisford, BA (Hons) International Economics and Trade, final year student

Course information

The International Economics and Trade degree is one of four pathways we offer in Economics; the others being Economics, Business Economics and Financial Economics.

For greater flexibility, all of our Economics degrees have a common first year. This gives you the chance to experience and achieve a thorough grounding in economic concepts and principles, along with relevant quantitative techniques and skills, before you make your decision about which area you’d like to specialise in, depending on your interests or career aspirations.

We will help to develop your quantitative skills in econometrics through the use of practical, real-life examples, such as an assessment of the impact of foreign direct investment on international growth via regression analysis.

You’ll find that discussions on international issues are strongly embedded throughout each of the three years of study. Specialist topics include: world business and trade, international economics, development economics and economic policy in the European Union. These introduce you to contemporary issues, such as policy co-ordination in euro-zone countries, causes of the global financial crisis and global imbalances, causes of rising food prices, deadlock in the Doha trade talks, progress on Millennium Development Goals, Brexit and impacts of the rise of China and India on European living standards.

90%

of our students are satisfied with the quality of the course

NSS, 2016

Course specification
Download PDF (351Kb)

Modules

Overview

In the first year, you will study core subjects including Microeconomics, Macroeconomics, Mathematical Techniques for Economics, Data Analysis Skills for Economics. Then, if you choose to follow the International Economics and Trade pathway, you will specialise in topics which have a focus on global economics, such as immigration and the movement of labour within an international market.

Modules

  • Principles of Economics 1 and 2

  • Mathematical Techniques for Economists

  • Introduction to Statistics for Economics

  • Current Issues in Applied Economics

  • Developing Academic and Professional Skills for Economists 1

Add+vantage

The focus on preparing students for successful futures sets Coventry apart as a university.

The Add+vantage modules teach a range of work experience and extra-curricular activities that are taken each year, and broaden students knowledge and skills within a work focused environment. There is a very wide range of Add+vantage free-choice subject areas, and they are arranged in themes.

Overview

Modules

  • Intermediate Economics 1 and 2

  • Introduction to Econometrics

  • International Trade and Global Economic Issues

  • Developing Academic and Professional Skills for Economists 2

  • Optional modules

    1 from the following:

    • Managerial Economics
    • Quantitative Economics
    • Principles of Financial Investment

Add+vantage

The focus on preparing students for successful futures sets Coventry apart as a university.

The Add+vantage modules teach a range of work experience and extra-curricular activities that are taken each year, and broaden students knowledge and skills within a work focused environment. There is a very wide range of Add+vantage free-choice subject areas, and they are arranged in themes.

Overview

You also have the choice to take an optional placement or study abroad year after completing your first two years. In the past, our students have gone to work for NBC Universal, Ford Motors and the GES. Others have opted to study economics for a year at California State University San Marcos, and Charles III University of Madrid.

Modules

  • Economics Placement Module

  • Post Placement Perspectives

Overview

Modules

  • Advanced Economics Issues

  • Advanced Economics Dissertation 1

  • Developing Academic and Professional Skills for Economists 3

  • International Economics

  • Optional modules

    2 from the following:

    • Economic Policy in the European Union
    • Applied Econometrics
    • Development Economics Corporate Governance and Ethics
    • International Finance
    • Corporate Governance and Ethics

Add+vantage

The focus on preparing students for successful futures sets Coventry apart as a university.

The Add+vantage modules teach a range of work experience and extra-curricular activities that are taken each year, and broaden students knowledge and skills within a work focused environment. There is a very wide range of Add+vantage free-choice subject areas, and they are arranged in themes.

5th

Our economics courses are ranked 5th in the UK by the Guardian University Guide 2018

In more detail...

  • Ranked 5th best in the UK for Economics by the Guardian University Guide 2018.
  • Experienced staff who have worked as economic advisors, eg. for Deutsche Bank in the Netherlands.
  • Faculty research expertise in Exchange Rate Equilibriums, International trade, Foreign Direct Investment, and Conflict Economics.
  • Outstanding facilities include our trading floor featuring 42 dual screen Bloomberg terminals, making it one of the largest of its kind in Europe.
  • Student-led Economics Society organises social events, visiting speakers and field trips, which in the past have included a visit to Amsterdam to visit the stock exchange.
  • Strong links with employers all over the world to ensure the course is responsive to the needs of potential employment sectors, such as the telecommunications sector (Vodafone) and the IT sector (FDM Group).
  • Opportunities to hear contributions by professionals from industry, which have previously included our own alumni, including HM Treasury, Lloyds-TSB, Barclays and the European Commission.

Hands-on experience using a range of market-leading economics and business software packages, from Stata to Bloomberg.

Our main study themes are:

  • Principles of Economics: Introductions to basic concepts, principles and analytical methods of macroeconomics and microeconomics. This will include the study of scarcity, choice and opportunity cost, price determination in competitive markets and the impact of government intervention.
  • Econometrics: To provide an understanding of the statistical techniques and analysis used by the professional economist enabling you to read and understand published empirical work, formulate and your own research hypotheses.
  • Academic and Professional Skills for Economists: Designed to equip you with the full range of skills required for successful academic study and future careers, including presentation preparation and report writing skills.
  • International Trade and Global Economic Issues: Covers the key elements of international trade theory and trade policy and how to assess major contemporary developments in the world economy. You will examine the current and future role of the major economic institutions and assess the nature of international economic policies for promoting and managing global growth and trade, monetary stability and development, including exchange rates and comparative advantage.

The course is available either on a three-year full-time basis or on a four-year sandwich basis, where there is one year of supervised work experience (the placement year) or study abroad between Years Two and Three. You can start the course in September and placements typically begin in July. 

Your academic personal tutor (APT) will review and discuss your progress with you and will be available for advice throughout your time on the course.

To hone your mathematical and analytical skills, you will engage in numerical problem solving for example, by evaluating utility optimisation problems related to consumer theory. We will also reinforce economic concepts and techniques, for example, in interactive seminars using economic games and experiments, such as the World Trading Game.

At every stage, we introduce coursework and experiences that apply to the real world. As well as the year-long industrial placement, you can choose to undertake shorter work experience for example, with local charities, such as Positive Youth Foundations and help within the local community and work in the commercial sector, including Barclays. We will discuss current issues covered in the leading professional journals like the American Economic Review and examine a variety of international case studies, such as wage convergence in the age of mass migration. You will have the opportunity to participate in number of field trips and industry visits, at home and abroad. For example, in the past we have visited partner institutions in Kuala Lumpur (TARUC), California (CSUSM) and Poland (Lazarski University).

In your final year, you have the chance to work on real-world projects or research through discipline specific supervision. Topics covered by past students have included an assessment of ‘How the rise of China and India is posing a global competitive challenge in the Asia Pacific Region, the European Union and USA’ and the ‘Impacts of foreign direct investment (FDI) and trade on home and host countries’.

Teaching methods include:
formal lectures, seminars, tutorials, self-directed study, computer-based workshops and use of econometrics software, such as Stata and SPSS.

You will be assessed using a variety of methods, including: examinations and time constrained tests; coursework in the form of reports or essays; attendance at events, such as employability workshops; group work, such as presentations or reports; and practical work and tests like MyEconlab online assessment.

An estimated percentage breakdown of your final grade assessment is as follows:

  • Formal examinations 70%
  • Coursework, tests, essays 10%
  • Group work 10%
  • Presentations, posters 10%

In order to achieve the award of Bachelor of Arts (Honours), a student must satisfy the University requirements of 360 credits. A student who does not wish to progress to a subsequent year of study may apply for an intermediate award of Diploma of Higher Education if they pass a minimum of 240 credits. A Certificate of Higher Education may be awarded to a student with minimum of 120 credits.

70% assessed by coursework

On successful completion, you will be equipped with the skills to:

  • Demonstrate a sound knowledge and understanding of the fundamental principles of economics, including microeconomics and macroeconomics, together with a variety of economic techniques, constructs and applications.
  • Evaluate the application of economic reasoning to the study of relevant problems and policies in economics.
  • Demonstrate an understanding of graphical and statistical representation of economic ideas using appropriate techniques, such as demand and supply analysis.
  • Communicate economic concepts, models and techniques in a clear and precise style through written and oral work.
  • Solve quantitative or statistical problems, synthesise and interpret information from a range of sources, such as UNCADstats. Analyse and discuss contemporary economic issues using appropriate economic concepts, principles and constructs

100%

of our graduates are in work or further study six months after the course

DHLE 2014/15

In a typical teaching week, you will have up to 14 ‘contact’ hours of teaching. This generally breaks down as:

  • Personal tutorial/small group teaching: 2 hours of tutorials, including academic tutorials, employment tutorials, project supervision, online tutorials and pastoral support each week.
  • Medium group teaching: 6 hours of practical classes, workshops or seminars each week.
  • Large group teaching: 6 hours of lectures each week.

In addition, you will be expected to undertake a further 22-24 hours of self-directed studying and revising in your own time each week, including some guided study using handouts, online activities etc.

If you opt to take a sandwich year, it is possible to spend a year studying or working abroad as part of your studies. Past students have studied applied economics at Zhejiang Gongshang University and California State University Long Beach. We can also support you in finding an internship both here in the UK or abroad. Past students have gone to work in countries as far afield as China to teach English as a foreign language and Belgium to work for Toyota.

Global ready

Did you know we help more students travel internationally than any other UK university according to data from the experts in higher education data and analysis, HESA?

In 2015/16, we were able to provide a total of 2101 experiences abroad that lasted at least five days, 76% of which were our own organised trips for undergraduates and 23% from postgraduate travel.

Much of this travel is made possible through our Global Leaders Programme, which enables students to prepare for the challenges of the global employment market, as well as strengthening and developing their broader personal and professional skills.

Explore our international experiences

1st for

international experiences

Sending more students overseas than any other UK uni (HESA)


2,101

Student experiences

The number of student trips abroad for at least 5 days in 2015/16



16,000

and counting

The number of students we’ve helped travel internationally so far


21

global programmes

As well as trips, we offer other opportunities like language courses

What our students say

I chose this course because I’m interested in how the world works, how big decisions are made and their results. Lecturers apply real world theories, which make the course more enjoyable and relevant.”

Martin Berisford, BA (Hons) International Economics and Trade, final year student

Entry Requirements

University Course Code: BESU040
A Level BTEC IB Diploma GCSE requirement
BBB DDM 30 points 5 GCSEs at grade A*–C including English Language and Mathematics, or specified equivalents.

A-Levels

A-Level applicants are required to have three
 A2 Levels. Coventry University may include AS grades within an offer for certain courses, but we are not able to accept two AS Levels in place of one A2 Level. In some courses it may be necessary for entrants to have passed specific A2 Levels in nominated subjects. Please see the course pages for more information.

Access Diplomas

The Access to HE Diploma to include 30 Level 3 credits at Merit. Plus GCSE English Language and Mathematics at grade A*-C.

Coventry University welcomes applicants who have completed, or who are studying, the Access to HE Diploma developed by the Quality Assurance Agency for Higher Education (QAA). Successful completion of the course will require you to gain 60 credits with at least 45 to be achieved at Level 3 (with the remainder at Level 2). In some cases we will require you to have gained Merit or Distinction grades in a number of units or in nominated subjects. For more information on the entry requirements for your chosen course please see the relevant course pages.

BTEC Level 3 Diplomas

The University will accept the BTEC Level 3 Extended Diploma for entry to most courses. In some cases we will require applicants to have studied either certain named modules or a specific named Diploma. The appropriate course page will have full information on the entry requirements. The University also accepts the BTEC Level 3 Subsidiary Diploma and BTEC Level 3 Diploma for entry to degree programmes, provided that they are studied in combination with other qualifications that provide a total volume of study that is equivalent to three A2 Levels. For example, you could be studying a BTEC Level 3 Diploma plus an A2 Level, or a BTEC Level 3 Subsidiary Diploma plus two A2 Levels. Where a specific A2 or BTEC subject is required for entry then you must be offering this as part of your combination of qualifications.

Please visit our page on European entry requirements for more information about specific country information.

English as a Foreign Language This course requires IELTS 6.0. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

Select your region to find detailed information about entry requirements:

English as a Foreign Language This course requires IELTS 6.0. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

Unconditional offers

We want to recruit the best students to Coventry and having assessed applicants' past, current and predicted performance and commitment to the course we feel that it is appropriate to reward consistently high-achieving students with an unconditional offer from a top university. It is a commitment from us with regard to an applicants’ potential as an excellent undergraduate and we hope that this will encourage such applicants to join the Coventry community.

Personal statements and references will also be taken into account and, for some degree courses, an interview will form part of the assessment. The criteria for unconditional offers will vary across the University as entry requirements for specific courses differ and not all degree courses will be taking part in the Scheme. The unconditional offer will be confirmed once a selected applicant has made Coventry their firm choice.

Coventry University has assessed that you are capable of achieving excellent grades and we have demonstrated this belief by making you an unconditional offer. This is our commitment to you so then we ask that you reciprocate this commitment by selecting us as your ‘firm’ choice and activating your unconditional offer.

We will consider other qualifications for a pre-result unconditional offer providing that you have an appropriate proven performance at GCSE (or equivalent) level and predicted grades in line with grades that we expect to see at A-level. Other qualifications that we may consider for a pre-result unconditional offer include: the International Baccalaureate Diploma, BTEC Level 3 qualifications, Cambridge Pre-U and combinations of qualifications (e.g. BTECS plus A-levels).

An unconditional offer is what it says it is. So if you don’t meet your predictions then your place at Coventry is still guaranteed. However we would hope and expect that you continue to work hard to make the most of your potential and be best prepared to study at university level.

We can’t but our experience over the years has shown us that students like you with a track record of high grades and excellent predictions are very likely to achieve those grades. Our assessment takes into account all elements of your application to allow us to take a holistic view of your potential. There is still the opportunity to gain one of the Coventry University Scholarships if you achieve the required grades so there is a financial incentive to aim high. Unconditional offers are only made to individuals who have demonstrated their commitment so we believe their focus and determination is unlikely to waver in the final stages of their qualifications.

No, the unconditional offer is only available to those who will take up their place in 2017.

What our students say

I chose this course because I’m interested in how the world works, how big decisions are made and their results. Lecturers apply real world theories, which make the course more enjoyable and relevant.”

Martin Berisford, BA (Hons) International Economics and Trade, final year student

Tuition Fees

We pride ourselves on offering competitive tuition fees which we review on an annual basis and offer a wide range of scholarships to support students with their studies. Course fees are calculated on the basis of what it costs to teach each course and we aim for total financial transparency.

For more information, please visit our Finance pages.

Starts

Fee


September 2018

£9250 (per year)


Scholarships

If you're a truly outstanding undergraduate candidate we may be able to offer you a Coventry University Scholarship.

Coventry University Scholarships are awarded to recognise truly exceptional sports achievement and academic excellence.

Starts

Fee


September 2018

£9250 (per year)


Scholarships

For the September 2017 and January 2018 intakes, we're investing £1 million into scholarships for high achieving and enterprising students.

Our scholarships are worth up to £10,000 and every student that applies will be considered. Fulfil your potential this academic year with Coventry University!

Starts

Fee


September 2018

2018/19 Fees - TBC* (2017/18 Fees - £11,927) (per year)


Course essentials at no extra cost

We're committed to communicating study costs clearly to make sure you're not faced with having to make any unexpected payments.

This is why our ‘Flying Start’ package provides you with a few course essentials. Your full-time fee for an undergraduate degree will cover the following:

UK field trips

Any mandatory site visits and trips within the United Kingdom.

Key material

This can include core textbooks, software and equipment.

Laser prints

1,000 A4 sides of black and white laser printing credits per year.

Optional year

Pay no tuition fees for optional work placements or study abroad trips.

The following are additional costs not included in the fees:

  • Any optional overseas field trips or visits: £400+ per trip

What our students say

I chose this course because I’m interested in how the world works, how big decisions are made and their results. Lecturers apply real world theories, which make the course more enjoyable and relevant.”

Martin Berisford, BA (Hons) International Economics and Trade, final year student

Career prospects

Today, more often than not, your career will span many borders and cultures. A key advantage of this degree is that, as well as providing highly sought after skills in economic analysis, it will give you extensive exposure to how businesses and other organisations operate in widely different international markets.

Through interaction with students from different countries and regular input from current professionals, you’ll already have made a start in building your professional network of peers from across the globe; one of the many reasons why 100% of Economics graduates were in work or further study after six months (DLHE 2014/15).

Students at Coventry have benefitted from our long-established links with HM Treasury, the Office of National Statistics and other departments of the GES, which regularly offers a number of internships, as well as a unique mentoring programme for our students. Each academic year at least 10 second year students are paired with employees of different departments and can explore a variety of tasks and career opportunities, receiving assistance in the design of their curriculum vitae with a view to future employment.

On graduation, you will have experienced opportunities to develop an in-depth knowledge of economics theories and models, with strong analytical and problem-solving skills and mathematical ability. You should also be able demonstrate a wide range of desirable professional skills, including: team working; critical evaluation; self-directed learning; problem-solving; action planning and organising; written and oral communication; questioning and listening. The following personal qualities will also be addressed in each of the skills modules: achievement orientation; initiative and creativity; self-confidence; decisiveness; reflectiveness; adaptability and flexibility. 

Coventry University is committed to preparing you for your future career and giving you a competitive edge in the graduate job market. The University's Careers and Employability team provide a wide range of support services to help you plan and prepare for your career.

100%

of our graduates are in work or further study six months after the course

DHLE 2014/15

Where our graduates work

On successful completion, you should be well placed to pursue a wide variety of careers in investment banking, accountancy, tax consultancy, working in government offices, auditing, derivatives trading, management consultancy, mergers and acquisitions, and many more. Recent graduates have gone on to work as IT Consultants, Business Analysts and Project Support Officers.

£22K

Our graduates earn an average salary of £22,000 six months after the course (DHLE 2014/15)

What our alumni say

I have always thought of myself as a philosopher and was planning to take this further at university, however because of the current economic climate I started to think about what could be done to ensure that this situation does not happen again.

I chose this specific course to develop my economic skills and enable me to secure a decision-making position in a global organisation. The Economics Department is also considered one of the top 20 in the UK which was important to me. Coventry is a dynamic environment with an array of cultures and languages and this has helped to improve my interpersonal skills. I think that it is important to develop personal and professional skills as well as academic.”

Elena Aldea, BA (Hons) International Economics and Trade, graduated with first in 2013, now Regional Manager GTRF at HSBC
Disclaimer

By accepting your offer of a place with us, a Student Contract (“the Contract”) will be formed between you and the University. The Contract will detail all of your rights and also the obligations you will be bound by during your time as a student and will also contain all of the obligations that the University owes to you.  We would encourage you to read the Student Contract before you accept any offer of a place at the University. A copy of the Contract can be found here.

The tuition fees stated on the course webpage, prospectus and your offer letter will apply for the duration of your course, subject only to changes to the law or government requirement.

*Due to a delay in the UK Government's announcement of the Retail Price Index, the University is unable to set its fees for entrants in 2018 at this stage. Please note that we set fees for individual courses, and fees from previous years are no indication of fees for future years.