Business economics explores the interaction of organisations and their environment, the allocation of resources, economic trends in the wider economy and the consequences of business decisions for individual organisations and the economy as a whole. It enables you to develop an analytical approach to the issues and problems experienced by organisations, and provides you with the tools and techniques to make informed contributions to business decision-making and strategy. You learn the concepts and analytical skills to understand a broad range of themes in business and economics, including • the functioning of markets for products, services and labour • strategy and decision making within firms • industry structure • international trade • globalisation • finance • macroeconomic policy. You develop specialist expertise in business economics by studying topics such as • business analysis • macroeconomics • microeconomics • industrial economics • statistics and econometrics. You also have the opportunity to study related topics such as finance, business management and international business. Work placements in the UK and overseas In year three, you have the opportunity to apply the skills you've gained by taking a one-year paid work placement. This is a great way to improve your industry knowledge with real insight and experience. It also enables you to build an eye-catching CV to impress future employers, and many students find jobs with their placement companies after graduating. Due to our strong relationships with regional, national and international employers, we can help you to secure a great placement and support you while you are there. Salaries of up to £32,000 are possible. If you study abroad, or do your work placement, in another European country there may be funding available through the Erasmus programme. Our students have recently gained work placements with national and international organisations, including • Adidas UK • Airbus UK • AXA • Bosch • Coca-Cola Enterprises • General Motors • Hays • IBM UK • Lloyds Banking Group • Marks & Spencer • Metropolitan Police • Microsoft • NHS • Royal Bank of Scotland • TNT Express • Vauxhall Motors • Walt Disney Company. If you do not take a work placement, you can still gain valuable work experience through our work-based learning module.