BSc (Hons) in ECONOMICS AND ITS PATHWAYS
COURSE OVERVIEW
36,292,800 UZS
per year
54,600,000 UZS
per year
3 years
18
Course description
The BSc (Hons) in Economics and its Pathways course has been designed to give students an education in the key areas of the disciplines of economics, finance, and data science. The course enables students to understand the interactions between the economy and the financial system, providing an understanding of theories, tools, and techniques, fitting them to pursue a career in economics, finance, data science and other related areas. The combination of economics (major) with finance (minor) and data science (minor) provides an excellent platform for WIUT graduates to become successful in competitive job markets.
The structure of the course is developed in line with education for sustainable development which is part of the United Nation’s Sustainable Development Goals (SDGs). In particular, the course learning outcomes, learning and teaching methods and assessments contribute to all sustainable development goals:
SDG1
Goal: End poverty in all its forms everywhere
SDG2
Goal: End hunger, achieve food security and improved nutrition and promote sustainable agriculture
SDG3
Goal: Ensure healthy lives and promote well-being for all at all ages
SDG4
Goal: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
SDG5
Goal: Achieve gender equality and empower all women and girls
SDG6
Goal: Ensure availability and sustainable management of water and sanitation for all
SDG7
Goal: Ensure access to affordable, reliable, sustainable and modern energy for all
SDG8
Goal: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
SDG9
Goal: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
SDG10
Goal: Reduce inequality within and among countries
SDG11
Goal: Make cities and human settlements inclusive, safe, resilient and sustainable
SDG12
Goal: Ensure sustainable consumption and production patterns
SDG13
Goal: Take urgent action to combat climate change and its impacts
SDG14
Goal: Conserve and sustainably use the oceans, seas and marine resources for sustainable development
SDG15
Goal: Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
SDG16
Goal: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
SDG17
Goal: Strengthen the means of implementation and revitalise the Global Partnership for Sustainable Development
The course aims to:
Produce graduates who understand the implications of the rapidly changing economic, financial, and digital
Develop the knowledge, skills and capabilities required to respond proactively to contemporary issues and the challenges of the economic and financial
Encourage students to reflect on the knowledge and assumptions that underpin their understanding of economics, finance, and data science and its policy
Provide students with the opportunity to specialize in a range of areas for example international and development economics, labour and monetary economics, environmental and energy economics, behavioural economics, banking andfinance, data science and machine learning.
Promote the practical skills in quantitative analysis to collect, analyse and visualize the data, design surveys, detect trends, develop forecasts and relationships, and communicate the results to use in economic policy analysis, tackling financial and economic problems, evaluating investment projects, making recommendations to improve
Introduce, explain, and apply the fundamental concepts in microeconomics and macroeconomics, international trade, and industrial organization along with more applied modules such as contemporary issues in global economics, applied policy analysis, behavioural economics, economics of financial crises and investment and risk management.
Course structure
This section shows the core and option modules available as part of the course and their credit value. Full-time Undergraduate students study 120 credits per year. Course structures can be subject to change each academic year following feedback from a variety of sources.
Economics and its Pathways
Core modules
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Exploring Economics
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Fundamentals of Statistics
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Mathematics for Economists
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Contemporary Issues in Global Economy
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Corporate Finance* (Pathway Core for Economics with Finance)
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Fundamentals of Programming* (Pathway Core for Economics with Data Science)
One Option or an Elective
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Applied Mathematics for Economists
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Financial Accounting
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Introduction to Insurance Business
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Banking and Finance in Context
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Corporate Finance
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Fundamentals of Programming
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Introduction to Artificial Intelligence
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Any module from the WIUT module catalogue
Award of Certificate of Higher Education available
Economics with Finance
Core modules
- Intermediate Microeconomics
- Econometrics
- Intermediate Macroeconomics
- Introduction to Financial Management
Economics optional modules
- Introduction to Political Economy
- Public Finance
- Development Economics
- Economics of Financial Crises
- Applied Economic Research and Appraisal
- Case-based Analysis for Professionals
Finance option modules
- Money and Banking
- Management Accounting (ACCA F2)
- Banking Theory and Practice
- Corporate Governance for Finance
- Securities Analysis
- Operational Management of Insurance Business
- Islamic Finance
- Financial Management (ACCA F9)
Award of Diploma of Higher Education
Core modules
- Digital Economy
- Investments and Portfolio Management
- International Economics
- Research Project
Economics option modules
- Applied Econometrics
- Applied Policy Analysis
- Health Economics
- Economics of Agriculture
- Labour Economics
- Behavioural Economics
- Green Economics
Finance option modules
- Data Science in Finance
- Principles and Practices of Taxation (ACCA F6)
- Financial Reporting (ACCA F7)
- Applied Corporate Finance
- Audit and Assurance
- Risk Management in Finance and Banking
- Global Financial Markets and Institutions
Award BSc/ BSc Honours available
Economics with Data Science
Core modules
Introduction to Programming
Intermediate Microeconomics
Econometrics
Intermediate Macroeconomics
Data Wrangling and Visualization
Economics optional modules
Introduction to Political Economy
Public Finance
Development Economics
Economics of Financial Crises
Applied Economic Research and Appraisal
Case-based Analysis for Professionals
Award of Diploma of Higher Education
Core modules
- Digital Economy
- Machine Learning
- International Economics
- Capstone Project
Economics option modules
- Applied Econometrics
- Applied Policy Analysis
- Health Economics
- Economics of Agriculture
- Behavioural Economics
- Labour Economics
- Green Economics
Data Science option modules
- Data Science in Finance
- Natural Language Processing
- Distributed Systems and Cloud Computing
- Network Security and Cryptography
Award BSc/ BSc Honours available
How you will study
Learning methods
You will attend lectures, interactive classroom activities and seminars. There will also be visits from speakers in the form of guest lectures, as well as workshops and practical sessions. You will take part in activities such as problem-solving exercises, cooperative student projects, informal group work, simulations, case studies, and role playing. All these activities involve higher order thinking and the development of transferable graduate-level skills. Learning will be enhanced using a variety of media and technology, making it effective, varied, and enjoyable. The resources can be accessed through the University online learning content management system, and textbooks, academic journals, and other materials available in the University’s information resource centre, and software systems are provided in the computer labs. Teaching staff are often engaged in research or commercial activities, and this ensures that the students gain an understanding of contemporary practical economic and finance issues. The course is designed to offer opportunities to engage with corporate and public sectors before graduation, so that the students can develop skills alongside the ones you get from the rest of the course. These opportunities can be a formal part of the course, such as doing an industrial placement within the course or attending master classes or lectures by guest speakers with relevant professional practice.
Independent study is a key learning skill for academic study and for your future employability. As part of your course, you will be expected to work independently. This may take various forms: examples include group collaborative tasks, research, reading, revision, assessment preparation, projects that feed into presentation and debates, lab, or studio-based work. You will be encouraged, guided, and supported towards developing progressively increasing skills as an independent critically aware learner. You should expect each module to have both specified contact hours and independent learning. The hours may differ significantly depending on the specific subject matter, your level of study and the approach to teaching and learning.
You will be encouraged to work in groups with other students during seminars and workshops and for any non-assessed purpose, including revision and examination preparation. This gives you the opportunity to learn from one another and helps you to value the views of others and to learn to give and receive constructive feedback.
Outside the curriculum, there is a set of student clubs, programme activities, workshops, and events taking place beyond the classroom walls and curriculum. You are encouraged to participate in such activities as they will enrich you as a person and contribute to your professional development.
Teaching methods
The Teaching methods of the course is designed to offer a dynamic and interactive learning experience through a combination of traditional face-to-face sessions and digital enhancements. In our modules teachers use various teaching techniques, including lectures, workshops, seminars, debates, discussion forums, and one-to-one student-supervisor interactions.
Seminars and workshops are provided each week to provide a stimulating environment for students to work through examples and case studies, experiment with hands-on solutions in the labs, engage in group discussions or online discussions, and gain immediate feedback and support from teachers. The program emphasizes the importance of both individual and group work. Collaborative group activities are actively encouraged.
In addition, students will be provided with a range of additional resources, which can be accessed through the University online learning content management system, and textbooks, academic journals, and other materials available in the University’s learning resource centre, and software systems are provided in the computer labs.
The teaching and learning strategy used will develop the students’ intellectual abilities, their knowledge, their powers of creativity, powers of analysis and their transferable skills. On any individual module, a combination of teaching approaches will be used depending on the nature of the subject being taught, and the specified learning outcomes.
Independent study is a fundamental aspect of the program, empowering students to become critically aware learners. Various forms of independent learning are encouraged, including research, research paper analysis, and practical work.
WHY STUDY THIS COURSE?
ENTRY REQUIREMENTS
Entry requirements for the BSc (Hons) in Economics and its Pathways have been set to select potential students who have the proven ato attract and recruit motivated applicants across the full range of possible access routes. Students may have a background in any academic discipline. The over- riding principle upocademic ability undertake a UK undergraduate degree course. The admissions policy aims n which admission decisions are based is that applicants should be likely to benefit from and succeed on the course.
What are the minimum entry requirements for the course?
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Successful completion of an appropriate International Foundation course; or
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Successful completion of the first year of an appropriate degree course in a recognised Uzbek or similar university; or
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Two GCE A level passes (in any subject excluding mother tongue), plus three GCSE passes at grade C or above including English Language and Mathematics; or NC/ND or HNC/HND. (The range of academic disciplines studied is not hereby restricted, but certain vocational courses such as City and Guilds would not satisfy the admissions requirements.); or
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An Advanced General National Vocational Qualification (GNVQ); or
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Any other equivalent qualification normally accepted as entry requirements (e.g. International Baccalaureate, etc.).
Applicants must have:
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Had their secondary education through the medium of English and gained grade C or above in the equivalent of GCSE English; or
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An IELTS score of 6 with a minimum of 6 in the writing component or another English Language Test recognised by the University of Westminster; or
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Successfully completed an appropriate International Foundation course with at least 40% in an Academic English module.
Applicants must have an acceptable level of competence in Mathematics. This could be demonstrated by one of the following:
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A pass in a math test approved by the University of Westminster; or
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Grade C or above in GCSE/’O’ Level Mathematics (or its equivalent); or
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Successfully completed an appropriate International Foundation course with pass in Quantitative Methods module.
- Applicants will have to be 18 years of age at the start of the academic year. For the purposes of this regulation, the academic year runs from 1st October to 30th September of the following year.
- Applications are normally processed based on the documentation submitted on the WIUT admissions system. The University reserves the right to introduce other admission processes such as an interview.
CAREERS
An Economics with Finance degree increases the employability of graduates in various fields.
There is strong demand for highly qualified economists and financial experts both in local and global labour markets, including the public and private sectors, multinational organisations, NGOs and others.
Graduates employed at
COURSE LEADER
Bilol Buzurukov
Bilol received his PhD in Economics from Yeungnam University, Republic of Korea. Before joining the Westminster International University in Tashkent, he was a Researcher at the Department of Economics and Business, Yeungnam University.
His research areas are Economics of Migration and Economics of Corruption. He is the author of several international journal articles and teaches Contemporary Issues in Global Economy, Behavioral Economics and Macroeconomics modules.
Course team
WHAT OUR GRADUATES SAY
Paris, France
Tashkent, Uzbekistan
Durham, UK
