Economics with French

Core Modules

Year 1

• Principles of Economics

  Principles of Economics is a first-year undergraduate module in how the economy works. The module is suitable for students with or without A-Level economics or equivalent. We will cover the basic theories of macroeconomics (that of the economy as a whole) and microeconomics (the behaviour of individuals, firms and governments and the interactions between them).

  The module adopts the state-of-the-art CORE approach (Curriculum Open-access Resources in Economics) to teaching Principles of Economics. The approach has three pillars which we rely on throughout the module:

  • Formulate a problem that our society is facing now or has faced in the past;
  • Build a theory to explain and solve the problem;
  • Evaluate the usefulness of the theory by using data observations and more novel theories.
• Data Skills for Economists

  Data Skills for Economists is about understanding the data we encounter constantly in everyday life and the data that social science researchers create as they explore and analyse the world around us. We'll endeavour to understand such questions as:

  • Where does data come from and how can we harvest it?
  • What useful information does the data contain?
  • How can we create new data to generate useful insights?

  Computers equipped with statistical software are a big part of the answer to the third question (above) so, accordingly, you'll spend much of your time learning to analyse and display data using the R statistical software package (R is the industry standard).

  We'll develop an ethos of clear communication of numerical information that will be supported by our growing understanding of statistical concepts and our growing proficiency with computers.

  Simultaneously, we'll delve into the seamy underside of the tricksters who try to fool you with falsified data. Understanding their game can provide at least some degree of inoculation against their attacks.

• Mathematics for Economics

  The aims of the module are to cover the basic mathematical and quantitative tools used by economists every day. The module gives an emphasis to the mathematical tools, which are applicable to solving a wide range of economic problems. The first half of the module is devoted to linear algebra, specific functions of one and more variables used in economics, manipulating those functions and finding their minima and maxima. In addition, the first half of this module delivers the rules of integration and differentiation, which prepares the you to apply constrained and unconstrained optimisation techniques in their subsequent 2nd and 3rd year of studies. Constrained and unconstrained optimisation techniques are also discussed. The second half of the module is devoted to optimisation theory which in turn will use the concepts of vectors and matrices, drawn from linear algebra, and require the study of concave functions. The knowledge of matrices will help you solve systems of linear equations, which are used in both microeconomic and macroeconomic planning and forecasting.

• Employability 1

  This module will be composed of an introduction to Employability, library resources, team building, and CV making. Career services will provide a session on self-awareness and decision making and library services will present their relevant resources. Finally, the Economics department will organise some team building exercises.

• French Advanced Written I

  The module aims to expand students’ ability to express themselves in accurate written French. Major grammatical issues will be taught and/or revised, and students will work on a wide range of authentic material in French to expand their vocabulary and range of expressions. Key linguistic features of the texts will be identified and discussed to improve the student’s language acquisition and analysis skills. The course will be taught and assessed in French.

• French Advanced Oral I

  The module aims to expand students’ ability to express themselves in accurate spoken French. Students will work on a wide range of authentic material in French to expand their vocabulary and range of expressions and to introduce them to contemporary issues and culture. The course will be taught and assessed in French.

• French Ab Initio Written I

  The module aims to develop reading and writing skills in French. Classes use French as much as possible and the course is assessed in French. The module uses a blended approach: it is based on a beginners' coursebook with additional material on Moodle and as weekly hand-outs based on authentic material. Themes studied vary from year to year but are likely to include every-day life in France, an introduction to French-speaking society and culture, regions and traditions.

• French Ab Initio Oral I

  The module aims to develop speaking and listening skills in French. Classes use French as much as possible and the module is assessed in French. The module uses a blended approach: it is based on a beginners' coursebook with additional material on Moodle and as weekly hand-outs based on authentic material.

   

Year 2

• Macroeconomics

  In this module you will develop an understanding of macroeconomics and macroeconomic policy-making. You will look at a variety of contemporary and historical macroeconomic events, and the differences between the short, medium and long run. You will consider why some countries are rich and some are poor, why different economies grow at different rates, and what determines economic growth and prosperity. You will examine the role of monetary and fiscal policy, its impact on the economy and its limitations. You will also analyse how taxation, budget deficits, and public debt affect the economy.

• Employability 2

  Career services will provide a session on how to be ready to apply for an internship at the end of the second year. Students will prepare for a psychometric test and will undertake a series of a mock interviews in order to improve their interview technique. Finally, students will attend at least one Econ@Work talk to be aware of professional life and challenges.

• Microeconomics

  In this module you will develop an understanding of the models of individual optimisation and their applications. You will look at the key determinants of an individual’s behaviour in a variety of circumstances and the behaviour of firms in different market environments, such as perfect competition, monopoly and oligopoly. You will consider how changing circumstances and new information influences the actions of the economic agents concerned, and examine the properties of competitive markets and the need for government intervention to correct market failures.

• Microeconomics

  In this module you will develop an understanding of the behaviour of individuals and firms in the economy. You will look at models of individual optimisation and their applications, considering the key determinants of an individual’s behaviour in a variety of circumstances. You will examine the behaviour of firms in different market environments such as perfect competition, monopoly and oligopoly, and the factors which are important in shaping the decisions that firms make in each market environment. You will learn to manipulate and solve diagrammatic and algebraic models of microeconomics, analysing the properties of competitive markets and assessing the role of government intervention in correcting market failures.

• Econometrics 1

  The aim of this module is to provide you with a solid understanding of the essentials of empirical research techniques (i.e. econometrics) used by applied economists. The module will cover core econometric topics that are needed by all wishing to undertake econometric analysis, with a particular focus on topics in both time series and cross section econometrics that can be used by students of industrial, business and finance.

• Econometrics 1

  The aim of this module is to offer students a more advanced, deeper understanding of the essentials of the theory and practice of econometrics. The module will address many of the topics covered in Econometrics 1 but using more mathematical and statistical rigour, including an introduction to econometric computer coding, with an aim to increase understanding of the concepts, theories and techniques that underlie applied econometric research.

• Econometrics 2

  The aim of this module is to extend your knowledge of the essentials of empirical research techniques (i.e. econometrics) used by applied economists. The module will build on the topics covered in Econometrics 1.

• Econometrics 2

  The aim of this module is to extend and deepen your knowledge of the essentials of econometric theory and practice. This module will build on the topics and techniques covered in Econometrics A looking at extensions of techniques and estimation methods to address more complex problems.

• Pratique du Français II

  In written French, the module builds on techniques acquired in first-year language modules through a particular focus on techniques of analysis, writing and rewriting, in particular on learning to construct arguments and exposés in authentic, accurate and appropriate French. Themes studied help as preparation for the year abroad (themes may vary, examples include : Le travail en France, être jeune en France, la contestation sociale).

• Intensive French for Beginners II

  In this module you will further develop your ability to communicate effectively in French, in writing or orally, with good grammatical and lexical accuracy. You will look at texts from a variety of sources and examine authentic recordings from a range of subjects. Much of the content is delivered in French, with the exception of grammar classes, which are taught in English.

Year 3

• Employability 3

  This third-year course will deepen the elements covered previously in Employability 1 and 2. Career services will provide a session on how to be ready for employment at the end of the year. Students will prepare for a psychometric test and undertake a series of mock interviews in order to improve their interview technique. Finally, students will attend at least one Econ@Work talk to be aware of professional life and challenges.

• Pratique du Français III

  In this module you will enhance your ability to analyse and compare written material from different sources. You will develop competence in accurate and discursive French, and extend your oral presentation skills, with particular emphasis on the formal spoken register. You will look at extracts from French documentaries and feature films, and listen to recordings and podcasts, such as the France Inter and France Culture programmes. You will also look at a range of cultural questions and examine the key features of French culture and society.

Optional Modules

There are a number of optional course modules available during your degree studies. The following is a selection of optional course modules that are likely to be available. Please note that although the College will keep changes to a minimum, new modules may be offered or existing modules may be withdrawn, for example, in response to a change in staff. Applicants will be informed if any significant changes need to be made.

Year 1

• All modules are core

Year 2

• All modules are core

Year 3

• Web-Scraping and Internet-Based Data Collection

  Empirical work requires obtaining the correct data for the question at hand, and nowhere has more data than the internet. Nonetheless, the data created by our modern internet driven economy is not always structured or easily available. The aim of the module is to provide students with the tools to be able to collect the right data to answer important economic questions. These techniques include using APIs, static web scraping, and browser emulation for scraping dynamic webpages, all facilitated by the Python programming language.

• Economics of Warfare 2
• Time Series for Macroeconomics with Data Science

  This module provides students on the BSc Economics, BSc Economics and Data Science, BSc Financial and Business Economics, BSc Finance and Mathematics courses with an optional course in macroeconomic time series analysis. The module material will focus on Bayesian time series analysis and will include examples of how to use Python via Jupyter Notebooks to implement the analysis in the course. The content will be useful for any student aiming to begin a MSc in Economics or macroeconomics. Upon completion of the module, students will be able to draw random samples from important distributions, estimate Bayesian regression models (including time-series Bayesian models), produce economic forecasts using Bayesian Time Series Models and communicate the results to others.