BUSINESS ECONOMICS: - Business economics is the study of economic concepts of relevance to modern business, to develop a sound understanding of the resource allocation issues facing the business corporation and the environment in which it operates. Economics at Glasgow dates back to Adam Smith, who was a Professor at the University in the 18th century and is widely renowned as the father of modern economics. SOCIAL & PUBLIC POLICY: - Social & Public Policy focuses on social problems such as poverty, homelessness and ill-health. The programme applies ideas from political science, sociology and economics to explore how governments shape their responses, and to understand the impacts of public policy on society. You’ll have the valuable opportunity of a work placement with a voluntary or public sector organisation.