BSc (Hons) in
Economics and its Pathways

The first part of the module addresses microeconomic issues. The second part of the module covers issues related to the macroeconomics area, which studies the economy as a whole, including output and economic growth, inflation and unemployment, and the effects of monetary and fiscal policy. This module introduces the basic elements of the Keynesian model and addresses the main differences between the Keynesian and Monetarists’ views with respect to the role of money in the economy. It also demonstrates the relationship between inflation and unemployment, and the policy tools that might be used by governments in dealing with each policy problem.

Assessment: Semester 1 and 2 exams primarily test the ability of students to formulate a given set of information in the context of basic microeconomic models, solve basic quantitative problems of economic models, and distinguish between different theoretical approaches. The group report and presentation that the students will have to complete in Semester 2 will cover microeconomics and/or macroeconomics topics.

The module introduces students to basic statistical concepts, critical reasoning, and understanding of the nature of data, which they may need to apply in the other modules they intend to study in their degree. The emphasis of the module is on the application of statistical methods to tackle real-world, data-rich problems in economics, finance, business, and academia. Attention will focus on the calculation and interpretation of tables and results, and the appropriate method to approach various aspects of real-world situations. Treatment is at an elementary mathematical level (basic calculus).

Assessment: Assessment 1 is an in-class test that serves as a summative assessment and covers the fundamental concepts and techniques taught in the first half of the module, ensuring that students have a solid understanding of the basics of statistics. Assessment 2 is an exam that takes place during the final exam week of the Semester and covers the concepts taught during the entire semester.

The module will enable students to analyse economic and business decisions using basic mathematical tools. Emphasis will be placed on the application of mathematical tools to solve selected economic and business problems, and it is built on the Quantitative Methods module taught at the foundation level.

Assessment: Assessment 1 is an In-class Test and it will consist of sets of multiple-choice, open-ended, or problem-solving questions, which should cover lecture and tutorial materials. Assessment 2 is a closed-book exam that will test students’ grasp of the mathematical techniques used in economics and business.

Globalisation has created a constantly changing and interconnected international economic environment. This module draws on economic analyses to provide critical insights and analysis of the causes, consequences, and solutions to a diverse range of contemporary economic issues. These include international labour migration, international trade disputes, global financial crises, and the challenges of the global value chain that disrupt economic development.

Assessment: The group coursework will enable students to work in groups, improve their presentation skills and critical thinking. Students are encouraged to produce a high-quality research output in line with the theoretical and practical knowledge gained from lectures and seminars. Moreover, the students are required to follow research ethics in using online content with the help of advanced technology (AI). The exam will test the breadth of understanding of global policy issues, using a range of theoretical and practical perspectives.

The purpose of this module is to introduce the basic principles of corporate finance to the student. Starting with fundamental concepts of time value of money, the module progresses through valuation of financial instruments (bonds and stocks), investment decision-making criteria, risk-return relationships, and the workings of financial markets. These principles form the essential knowledge for either a career in corporate finance or further education in investments, banking, and insurance. The module incorporates current market developments and practices while maintaining focus on core theoretical foundations.

Assessment: There are two assessment components in this module: a case-based in-class test and an applied case study analysis. The In-class test will be in the form of a time-constrained test based on pre-seen case studies to be held during the semester. The Case Study will be held in the form of a written report within a constrained time, based on cases that will be provided to the students along with the task, and as such is designed to train students to apply their knowledge through dealing with a range of issues within a limited time.

This module will enable students to analyse economic and business decisions using basic mathematical tools. Emphasis will be placed on the application of mathematical tools to solve selected economic and business problems. Students will need to know how to solve economic problems by mathematics. By the end of the module, a student should know the principal methods of optimisation, financial mathematics, dynamic analysis of economic processes, and fundamental concepts of integration and differential equations.

Assessment: There are two types of summative assessment used in this module: an in-class test and an exam. There are also homework tasks which serve as formative assessment and are designed to provide constant feedback to students on their progress.

Financial Accounting is an important language of any business. This module will help students develop knowledge and understanding of the underlying principles and concepts related to financial accounting. By the end of the module, students will be able to record financial transactions using double-entry rules, report financial information in the form of financial statements, and analyse financial information. Students will also be familiarised with appropriate digital tools used in the real business world. This module is designed to closely align with the syllabus prescribed by the ACCA.

Assessment: As an ACCA-accredited module, it is essential that the assessment methods reflect the demanding exam formats used by ACCA itself. This alignment guarantees that students are not only learning the content but also practising the types of assessments they will face in their professional qualifications. Successful completion gives our students the right to apply for an ACCA exemption on the corresponding paper. By dividing the learning outcomes between the In-class Test and the End-of-module Exam, students benefit from a balanced and structured approach to their learning journey. The In-class Test focuses on assessing the ACCA-accredited initial set of learning outcomes, providing students with an early opportunity to demonstrate their understanding and receive constructive feedback. The end-of-module exam then continues to assess the remaining learning outcomes, ensuring that students have mastered the entire scope of the module content.

The module provides an overview of how the insurance industry operates, the range of products it provides in the marketplace, and the fundamental principles of insurance. It also introduces the main participants in the insurance market, its regulatory standards, as well as the role and importance of ethics in the insurance industry. In addition, it provides a basic overview of Islamic insurance and the insurance market of Uzbekistan.

Assessment: In the module, the assessment methods are carefully aligned with the Chartered Insurance Institute (CII) syllabus to ensure relevance. This alignment ensures that students are not only mastering the content but are also preparing for the types of assessments they will encounter in their professional qualifications. The first assessment is an In-class Test conducted as a closed-book test. The second assessment is an Exam administered at the end of the module. This exam is designed to assess students' general knowledge of the main legal principles of insurance, the regulation of the insurance industry, key features of Islamic insurance and the Uzbek insurance market.

The module will give you an introduction to the flow of funds in the economy, the banking sector, and financial markets and systems, all of which are essential to the functioning of corporations and modern economies. Although the module is about financial systems in general, there will be frequent references to how corporations finance their operations and invest their funds and how they compensate shareholders.

Assessment: The first assessment is an In-class. This assessment is a time-constrained, closed-book test designed to evaluate students' understanding of key banking concepts and analytical techniques. The second assessment is a group Project Presentation. This assessment is scheduled at the end of the module and focuses on evaluating students' ability to analyse financial data and communicate their findings effectively. It also assesses their capacity to construct well-reasoned arguments related to financial markets or intermediaries in a group setting.

The module introduces the basics of programming – variables, data types, conditional branching, loops, collections, and functions. Emphasis is placed on practical experience with a modern programming language.

Assessment: The module will be assessed through a computer-based PC Lab test and a practical project.

The module is a general introduction to Artificial Intelligence (AI). It will introduce diverse topics of AI to students from any background. It is structured to offer students essentially practical skills in AI and its subfields that have made a significant impact, including but not limited to: Search problems, Knowledge Base Systems, Fuzzy Logic, Neural Networks, Evolutionary Computation, Computer Vision, Generative AI, Natural Language Processing, and machine learning.

Assessment: A group project that will enable students to showcase their skills and improve their teamwork abilities. The project will require the student to implement an application with a stated goal. They will then need to research, justify and implement one or a combination of techniques to achieve the stated goal. The Lab Test assesses the student’s understanding of the fundamentals and their understanding of the provided topics.

The microeconomics module builds on the conceptual foundations of microeconomics at level 4, Exploring Economics. The module covers the conceptual tools and underlying framework necessary to demonstrate the importance of economic analysis in understanding the organisation, whether it be in the public or private sector, and to illustrate that economists often offer different interpretations about the behaviour of firms and that this has implications for public policy. This part of the module explores further fundamental decisions made by economic agents such as consumers, producers, and suppliers regarding production factors.

Assessment: Students will be assigned group coursework. The coursework will be designed to involve critical thinking regarding economic modelling, the consideration of important microeconomic variables, the use of real-world data, and a group presentation. The second assessment, examination primarily tests the ability of students to formulate a given set of information in the context of microeconomic models and to distinguish between different theoretical approaches.

This module introduces students to the fundamental concepts and techniques of econometrics, a field that combines economic theory with statistical methods to analyse economic data. The primary goal is to equip students with the ability to construct and interpret econometric models for various purposes, including causal analysis, forecasting, and data validation.

Assessment: In-module assessment: In-Class Test as a summative assessment. It assesses students’ knowledge of topics covered during the module. End-of-module assessment: group coursework assessment evaluates students’ understanding of econometric models and their application for three types of data (crosssectional, times series and panel).

This macroeconomics module builds on the conceptual foundations of macroeconomics at level 4, Exploring Economics. Intermediate macroeconomics level 5 explores further issues and topics such as business cycles, macroeconomic policy, open-economy macroeconomics, exchange rate regimes, the role of money in the economy, and the role of institutions.

Assessment: There are two assessment components: a group coursework and a closed-book examination. The group coursework takes the form of writing a research paper/essay with a subsequent presentation. The examination primarily tests the ability of students to formulate a given set of information in the context of macroeconomic models and to distinguish between different theoretical approaches.

The main goal of this module is to develop a foundation of financial management concepts. This will enable students to understand how corporations make important investment and financing decisions and how they establish working capital policies. The module also lays a foundation for more complex financial topics that arise in additional elective courses in finance. This module in financial management describes the corporation and its operating environment; it will help any future manager to understand how the finances of a company work and how they will interface with finance.

Assessment: Seen-case In-class Test requires students to explain the goals and functions of financial management while analysing financial statements. The seen-case format encourages students to engage with real-world financial scenarios, fostering critical thinking and analytical skills. Group Project Presentation will involve emphasising the estimation of a firm's cost of capital, the application of working capital management techniques, and the demonstration of the time value of money. The project presentation promotes collaboration and communication skills as students work in groups to articulate financial analyses and recommendations. This approach encourages the integration of theoretical knowledge with practical applications, providing a comprehensive understanding of financial strategies and decision-making processes.

This module provides the basic knowledge on the subject of political economy, its historical substance, method of inquiry, scope, and finally its similarities and differences with conventional economics. The focus of the study will be upon the critical examination, analysis, dialectical interpretation, and explanation of the contemporary capitalist economy, polity, and society. The module also explores the interaction between politics and markets, both in theory and in practice.

Assessment: The module will be assessed by a group coursework with a presentation and an examination. The coursework consists of an assignment that tests students’ grasp of key concepts and issues in political economy. The examination will provide an opportunity for students to demonstrate their ability to utilise economic reasoning and data in answering a wide range of questions under a time constraint.

The module introduces economic issues concerning the public sector, including government and its relationship with the private sector: households, businesses, and markets in a mixed economy. This module provides the most important topics in public finance. Broadly speaking, this module examines the functioning of government and its role and scope in promoting economic well-being.

Assessment: There are two assessment components: a group coursework and a closed-book examination. The group coursework is designed to test students’ ability to engage effectively in group learning to grasp the key concepts and issues related to the economics of the public sector. It aims to stimulate critical thinking, creativity, logical reasoning, and induce team effort (collaboration) among students in the learning process. In the second assessment, a closed-book time-constrained examination provides a more general assessment of students’ knowledge by testing their ability to analyse theoretical knowledge by deploying graphical models.

The development economics module addresses the issues of economics in the developing world, the countries of which make up over 6 billion of the world's population. This module provides the most important topics in development economics. In particular, it combines findings from economic theory, econometrics, sociology, political science, psychology and demography.

Assessment: The module will be assessed by two group coursework and one presentation.

From the great depression to the global financial crisis of 2008, the World went through several times in crises, and it was because of the greed of the private sector, which resulted in massive output loss by creating poverty and inequality across the globe. This module is designed to provide rigorous and deep knowledge regarding the consequences of the economic crises in the past.

Assessment: The module will be assessed by individual coursework and group coursework. The individual coursework consists of an assignment that tests students’ grasp of key concepts and issues in political economy. In the group coursework, students will be evaluated based on their understanding of the key concepts from the economics of financial crises.

The ability to conduct and apply economic research and appraisal plays a crucial role in identifying, framing, analysing, and assessing various challenges in business, management, consultancy, and public policy. This module emphasises independent research and consultancy tasks, grounded in real-world contexts, to cultivate students’ capacity for independent, collaborative, and professional work. These tasks involve exploring the graduate labour market and reflecting on both subject-specific and transferable skills essential for success in specific roles and sectors.

Assessment: This module comprises two assessment components: a group poster that is based on a research project involving a team-based analysis of the graduate labour market; an individual portfolio, which includes a cost-benefit analysis of a public sector intervention in a selected country or city, derived from an individual research project. The portfolio will also feature responses to exercises applying various appraisal techniques, along with a reflective log documenting the student’s skills development throughout the module, including their experience with AI tools in economic research.

This module is designed to equip students with the skills and knowledge required to analyse complex business cases from multiple perspectives. The module reflects industry demands for graduates proficient in applying popular analytical frameworks to real-world business challenges. Students will explore various case studies, utilising various tools and frameworks, and develop a multifaceted understanding of business scenarios. The module fosters critical thinking, problem-solving, and decision-making skills, preparing students for careers in consulting, management, finance, and economics.

Assessment: Assessment 1 involves writing a report based on the chosen organisation for developing the case. This task requires students to analyse the case using relevant management, marketing, finance, and economic frameworks. Assessment 2 requires students to design and write their own case study. In this task, students will learn the intricate process of case study development, which involves identifying key business challenges, framing these issues within the context of broader industry and economic trends, and considering multiple perspectives.

The module examines the fundamentals of money, banking, and financial markets, analysing the role of financial institutions in the modern economy. It covers the core functions of commercial, investment, and central banks, including their risk management practices and regulatory frameworks. The module explores monetary policy implementation, financial crisis management, and how banking practices are evolving in response to technological changes and sustainability considerations. Through this comprehensive overview, students gain an understanding of both traditional banking operations and contemporary developments in financial markets.

Assessment: The assessment consists of individual coursework and a case scenario. Individual coursework will assess students’ understanding of key concepts within the domain of Money and Banking, conducting comparative research and analysis of real-world monetary policy implementations, considering economic contexts and outcomes. The case study will be a submission in the form of a written report within a constrained time, based on cases that will be provided to the students along with the assignment, and as such, it is designed to train students to apply their knowledge through dealing with a range of issues within a limited time.

The module covers contemporary management accounting concepts, techniques, and their significance in planning, control and decision-making. It provides a managerial perspective on internal accounting, teaching students cost accumulation, allocation, and various costing methods like product, process, and activity-based costing. Further topics include breakeven analysis, contribution margins, pricing decisions, inventory management, operational and capital budgeting, and performance evaluation. This module is designed to closely align with the syllabus prescribed by ACCA.

Assessment: As an ACCA-accredited module, it is essential that the assessment methods reflect the demanding exam formats used by ACCA itself. This alignment guarantees that students are not only learning the content but also practising the types of assessments they will face in their professional qualifications. Successful completion gives our students the right to apply for an ACCA exemption on the corresponding paper. The first assessment is an In-class Test conducted as a closed test. It evaluates students' ability to explain the purpose of Management Accounting, apply cost concepts and classifications, and use job and process costing systems. The second assessment is an Exam at the end of the module. It is designed to assess students' knowledge and application of key topics such as absorption and variable costing, alternative costing methods, budgeting, standard costs, and variance analysis.

This module examines key operations of insurance companies, including underwriting, premium calculation, pricing, and the role of claims in setting rates. It explores legal principles, government regulations, and insurance contracts. The module also introduces reinsurance as a risk management tool and familiarises students with insurance concepts and policies in personal and business contexts.

Assessment: In the module, the assessment methods are carefully aligned with the Chartered Insurance Institute (CII) syllabus to ensure relevance. This alignment ensures that students are not only mastering the content but are also preparing for the types of assessments they will encounter in their professional qualifications. The first assessment is an In-class Test conducted as a closed-book test. The second assessment is an Exam administered at the end of the module.

The module is an introduction to both theoretical and practical issues related to the modern banking business, the role and functions of banks in the financial system, how banks are regulated and supervised, and how to analyse banks’ financial statements. The module provides practical examples of how banks manage their asset-liability, interest rates and duration gaps, how to critically assess banks’ credit portfolio in the case of retail and commercial banking, how to manage capital management and understand the range of hedging techniques banks apply against risks. In addition, in this module, students will be introduced to AI/Fintech issues in banking, environmental finance, Islamic banking and cryptocurrencies.

Assessment: The first assessment is a group Written Report. This coursework requires students to collaboratively produce a comprehensive written analysis based on key concepts and theoretical frameworks in banking. The report assesses students' collective understanding of fundamental banking principles and their ability to apply these concepts to practical scenarios. The second summative assessment is a Seen-Case Examination. This end-of-module examination evaluates students' comprehensive understanding of advanced banking topics and their ability to analyse and synthesise complex financial data in a timed setting.

As corporations continue to grow and become more complex, the need for effective Corporate Governance becomes increasingly important. The aim of the module is to familiarise students with the theoretical foundations of corporate governance, pillars of the corporate governance and to develop an awareness of the practical problems associated with the interaction of the board, gender diversity, CEO and management, shareholders, auditors and other stakeholders of a corporation. Through the module, students will develop the technical and conceptual skills necessary to evaluate the governance of a company from the perspective of an investor or potential investor, regulators, policymakers and shareholders of the company.

Assessment: There are two assessment components in this module: an Individual Project presentation and an end-of-module Seen-case Examination. The Individual Project presentation requires students, by working independently, to undertake extensive research and produce and present findings based on the research undertaken or to work on problem-solving a case and report the results. The second summative assessment is a Seen-Case Examination. This end-of-module examination evaluates students' comprehensive understanding of advanced corporate governance topics and their ability to analyse and synthesise complex data in a timed setting.

The module aims to provide the fundamental and advanced techniques/tools to analyse security markets, measure corporate performance, estimate equity values, and ultimately sharpen one's judgment regarding financial investments. The module begins with an extensive and in-depth study of financial statements, seeking to explain and illustrate key aspects of corporate operations. The module then continues with an explanation of how companies expose value creation in financial statements and how investors use this information to evaluate securities.

Assessment: The first assessment for the module is an In-class Test. This time-constrained, closed-book test is designed to evaluate students' understanding of key concepts in securities analysis. The second assessment is the Group Investment Project Presentation, which takes place at the end of the module. This assessment focuses on evaluating students' ability to analyse financial data and present their findings effectively.

The module aims to introduce students to a discussion of the main principles of Islamic banking and finance and to an analysis of the relationship between Islamic banks and conventional banks, evaluation of the current practices of Islamic banks, their merits and limitations. The module is designed to be studied without prerequisites in finance, economics, law or other subjects.

Assessment: The summative assessment component of the module consists of an In-class Test and a group Project presentation.

The module covers a wide range of topics, including the financial management function and the financial management environment, working capital management, investment appraisal, business finance, business valuations, and risk management techniques. The primary objective of this module is to develop the essential skills for a finance manager, particularly in the context of making investment, financing, and dividend policy decisions. This module is designed to closely align with the syllabus prescribed by ACCA.

Assessment: The first assessment is an In-class Test, conducted as a time-constrained, closed-book In-class Test. It evaluates students' understanding of key financial management principles and analytical techniques. The second assessment is an Exam at the end of the module. It evaluates students' comprehensive understanding of advanced financial management topics and their ability to analyse and synthesise complex financial information.

This is an advanced undergraduate module on the digital economy. The goal is to introduce the fundamentals of the digital economy and provide frequently observed models. The course uses a combination of theoretical modelling and empirical evidence to achieve those goals. We analyse some key features that are prevalent in digital markets, including price discrimination, network effects, multi-sided platforms and the use of data. We also zoom in on individual markets, such as e-commerce, media platforms, and Big Data Economics.

Assessment: The module will be assessed by group coursework and an examination. Assessment 1 is a group coursework that will enable students to understand a specific model within a specific business case study in terms of efficiency gains and risks posed within current digitised markets. Assessment 2 is an examination that will provide a more general assessment of students’ ability to analyse and discuss key concepts and issues of digital economics discussed in the lecture series.

The module provides fundamental concepts and analytical tools to understand modern portfolio theory, asset pricing models, and standard practices in finance. Emphasis is placed on portfolio construction, management, and investment appraisal techniques to address challenges faced by portfolio managers and businesses.

Assessment: The first assessment for the module is an In-class Test. This time-constrained, closed-book test is designed to evaluate students' understanding of key finance concepts in investment and portfolio management. The Group Coursework – simulated portfolio management will prompt students to work in groups to formulate, interpret and critically evaluate and present a set of concepts and solve problems corresponding to the module learning outcomes, as well as improve critical writing skills while preparing portfolio summaries and investment analysis reports.

Students are introduced to the theories with which to understand international trade patterns, examine trade policies, analyse the determinants of exchange rates and financial crises and address topical issues of international economic interdependence between states. International trade covers the reasons for trade, an explanation of trade patterns and the gains accruing from trade or from restricting trade. These are core areas and call for extensive coverage.

Assessment: The module will be assessed by a group coursework with a presentation, and an examination. The group coursework assesses students’ understanding of key concepts of theories within the domain of international trade and international finance, using particular examples. The examination will provide a more general assessment of students’ ability to analyse and discuss key concepts and issues of international trade theories, trade policies and trade organisations.

The Research Project module enables students to undertake a focused investigation into an economic or business topic of their choice within a structured timeframe. It aims to cultivate students’ ability to critically evaluate evidence and apply original insights to the issue being examined. Under the guidance of an assigned supervisor, students will be expected to select and employ appropriate methodologies to address their chosen problem.

Assessment: The final report will demonstrate students’ attainment and application of knowledge and skills learned through the course in the completion of the project.

The module delves into advanced econometric techniques, equipping students with the skills to analyse complex economic and financial data and apply their findings in decision-making processes. The course covers a wide range of topics, including model selection, limited dependent variables, dynamic models, simultaneous equations, and time-series econometrics. This module aims to provide students with the tools and skills necessary to conduct independent research and make informed decisions in various economic and financial contexts.

Assessment: The first assessment is an in-module lab test that provides an assessment of students’ grasp of the econometrics concepts and ability to deal with economic data. The examination primarily tests the ability of students to formulate a given set of information in the context of microeconomic and macroeconomic models, and to distinguish between different theoretical approaches. In the examination, students will be expected to write under time constraints and to show an understanding of econometrics topics discussed in the second half of the module.

The purpose of this module is to use the economic foundations for the analysis of current policy analysis and issues. Practising key economic skills in a collegial environment reinforces students’ abilities and facilitates capable, independent life-long learning. Specifically, students will learn to demonstrate their knowledge through oral and written communication and through group and individual work.

Assessment: The module will be assessed by individual and group coursework. The individual coursework consists of an assignment that tests students’ grasp of key concepts and issues in the economy. It is designed to test the student's ability to use formal knowledge in critically analysing current policy issues. The group coursework with presentation will provide an opportunity for students to demonstrate their ability to utilise economic reasoning and critically analyse real-world data in answering a wide range of policy questions.

The module examines the application of economic principles to healthcare systems, focusing on resource allocation, efficiency, and equity in health outcomes. The objectives of this course are to i) develop an understanding of the relevance of economic concepts to the healthcare sector, ii) describe the system of healthcare financing and delivery arrangements in the healthcare sector, and iii) to impart an understanding of the role of economic factors in the development of public policy concerning health and health care.

Assessment: In this module, there are two assessments: a group assignment (coursework) with a presentation and a policy project.

The module focuses on the economic analysis of agricultural processes and seeks to identify and solve agricultural farm problems via a mathematical approach using dynamic optimisation techniques. During the classes, we will encounter models pertinent to agricultural production and the consumption of agricultural products. The focus will be on intuition and understanding of the economic analysis rather than complicated mathematical models.

Assessment: The group coursework essay will assess students’ understanding of key concepts of agricultural economics theories, capacity building, teamwork, coordination, planning, creative thinking, analytical techniques, and writing about potential policies and practices using real-world data. The individual essay will assess students’ understanding of key concepts of agricultural economics theories, capacity building, creative thinking, analytical techniques, and writing about potential policies and practices using real-world data.

The module aims to develop students' understanding of the fundamentals of labour markets and their relevance to public policy. The module explores traditional and contemporary theories of labour supply and demand, wage determination, labour market equilibrium, and policy interventions.

Assessment: The module has two marked assessment components: individual coursework and Set exercises/test (not exam conditions). The individual assignment 1 consists of a labour market analysis report. Students will explore contemporary topics, apply labour economic theories, analyse data, and propose evidence-based recommendations. The second assessment consists of a policy proposal. Students will develop a wage policy proposal based on labour economic principles for a specific country, region, or industry.

Traditional economics assumes rational actors. Yet behavioural economics is based on research that looks into psychological evidence in economics. Being a new field of science, behavioural economics lies in the intersection of psychology and economics. Borrowing from both fields, it rationalises such concepts as happiness and, sense of equity, while adopting the core outlooks of mainstream economics as bounded rationality and biases. This module considers how predictions of economic behaviour differ when several assumptions that simplify economic models are replaced with psychologically realistic assumptions based on empirical observations from the lab and from the world.

Assessment: The module will be assessed by coursework and an examination. Assessment 1: The group coursework assesses students’ understanding of key concepts of behavioural economics, conducting comparative research and presentation on various real-world policies/issues in the economy affecting the rationality of economic actors. Assessment 2: The examination will provide a more general assessment of students’ ability to analyse and discuss key concepts and issues of behavioural economics.

The module examines the complex relationship between economic activity and environmental sustainability. It provides advanced analysis of how economic principles and tools can address environmental challenges while promoting sustainable development. The module explores the theoretical foundations of environmental economics and natural resource management, analysing interactions between market participants, government policy, and environmental outcomes.

Assessment: The module is assessed through two complementary components designed to evaluate students’ analytical and critical thinking skills: Case-based individual coursework and applied case study analysis.

The application of data science in finance is crucial in the present modern world, where an unprecedented volume of data is easily available. The industry has diverse and complex information, ranging from market trends to individual transaction histories. Data science provides a systematic framework for extracting meaningful insights, mitigating risks, and optimising decision-making processes. Analytics tools and machine learning algorithms help users to identify the patterns, correlations, and anomalies within the datasets, empowering them to make well-informed predictions and strategic choices. The efficient application of data science in the finance industry may foster precision, efficiency, and adaptability, thereby enhancing the overall financial performance and resilience.

Assessment: There are two components of assessment: an in-class lab test and a group coursework with a presentation.

The module assumes knowledge acquired in Financial Accounting and develops and applies this further and in greater depth. It prepares learners for roles like financial analysts and auditors by focusing on conceptual understanding and practical application. This module will provide students with a broad knowledge of international accounting standards applied in the preparation of financial statements and give emphasis on both the international accounting standards and the regulatory framework of accounting practice, including their application in global financial markets and institutions. This module is designed to closely align with the syllabus prescribed by ACCA.

Assessment: As an ACCA-accredited module, it is essential that the assessment methods reflect the demanding exam formats used by ACCA itself. This alignment guarantees that students are not only learning the content but also practising the types of assessments they will face in their professional qualifications. Successful completion gives our students the right to apply for an ACCA exemption on the corresponding paper. The first assessment is an In-class Test conducted as a time-constrained, closed-book test. It evaluates students' understanding of key financial reporting principles and their ability to apply foundational concepts. The second assessment is an Exam at the end of the module. It assesses students' comprehensive understanding of advanced financial reporting topics and their ability to analyse and synthesise complex financial information.

The module aims to offer students a good grounding in corporate finance theory and an appreciation of the related empirical evidence. Concepts and techniques developed in earlier modules are extended and/or applied to problems faced by managers in Corporate Finance. Such problems include working capital management, capital budgeting, capital structure, dividend policy, cost of capital and mergers and acquisitions. Each topic will be addressed using both theoretical materials provided by the professor and weekly case studies with questions and solutions.

Assessment: Group Project, this group project is designed to assess students' understanding and application of foundational corporate finance concepts. By working collaboratively in groups, students will gain practical experience in analysing real-world financial scenarios and making informed decisions. Presentation of the Group Project emphasises the critical importance of communication and presentation skills in finance.

The module covers identifying and managing financial risk management in banks, including various types of bank risks and their management, securitisation of loans, and systemic events such as the latest financial crisis and COVID-19 shocks in the banking sector. Students will be expected to learn various risk management theories and models in various scenarios.

Assessment: The first assessment is a Group Written Report. This coursework requires students to collaboratively produce a comprehensive written analysis based on key concepts and theoretical frameworks in banking. The second assessment is a Seen-Case Examination. This end-of-module examination evaluates students' comprehensive understanding of advanced banking topics and their ability to analyse and synthesise complex financial data in a timed setting.

This module enables students to examine and apply current tax rules, focusing on their role in addressing economic disparities and promoting compliance. It covers taxation principles for individuals and corporate entities, including the computation of liabilities, exemptions, and allowances, while emphasising ethical and fair tax practices.

Assessment: As an ACCA-accredited module, it is essential that the assessment methods reflect the demanding exam formats used by ACCA itself. This alignment guarantees that students are not only learning the content but also practising the types of assessments they will face in their professional qualifications. Successful completion gives our students the right to apply for an ACCA exemption on the corresponding paper. The first assessment is an In-class Test conducted as a time-constrained, closed-book test. It evaluates students' understanding of essential taxation principles and systems. The second assessment is an Exam at the end of the module. It evaluates students' comprehensive understanding of taxation and related skills, including the application of tax principles.

The module develops students' knowledge of international audit practices, focusing on the ethical, technical, and practical application of international auditing standards. It emphasises the critical role of auditing in enhancing transparency, accountability, and trust within financial systems.

Assessment: As an ACCA-accredited module, it is essential that the assessment methods reflect the demanding exam formats used by ACCA itself. This alignment guarantees that students are not only learning the content but also practising the types of assessments they will face in their professional qualifications. Successful completion gives our students the right to apply for an ACCA exemption on the corresponding paper. The first assessment is an In-class Test conducted as a time-constrained, closed-book test. The second assessment is an Exam at the end of the module. It evaluates students' comprehensive grasp of advanced audit topics, including internal control systems and the application of audit procedures to complex scenarios.

The module explores the various types of financial institutions and their role in society, including banks, insurance companies and investment managers. It then provides an analysis of the major financial markets and products, and how these are related to each other and to the institutions. The behaviour of financial institutions and ethical principles of finance are also discussed, with a focus on how financial systems can contribute to inclusive economic growth.

Assessment: The first assessment component is an Individual Comparative Research, where students are required to conduct in-depth research on specific financial markets or institutions. By comparing various entities, students will develop critical analytical skills and a deeper understanding of regulatory frameworks and their challenges. An End-of-Module Exam evaluates students’ understanding of core concepts and their ability to synthesise information effectively under timed conditions.