ECUB04 LOUGHBOROUGH UNIVERSITY Regulations for the Honours Degree Programmes in ECONOMICS : ECUB04 These Programme Regulations refer to the conduct of the Programme in session 2010/11 and should be read in conjunction with Regulation XX of the University Regulations and the relevant Module Specifications. Notice of change will be given by the Department responsible for the programme. 1. Structure 1.1 Administrative responsibility for the programmes rests with the Division of Economics within the School of Business and Economics. 1.2 The programme leads to the Degree of Bachelor of Science. 1.3 The duration of the programme is either six semesters or eight semesters if students undertake a year abroad (Part I) which occurs between Part B and Part C. Permission to transfer to the eight semester programme will be at the discretion of the Deputy Director of Learning and Teaching (Economics). 1.4 Students must have a total modular weighting of 120 credits per year. This must include the compulsory modules. The remaining optional modules may be chosen to give a 60:60 split over the two semesters, or alternatively, 50:70 or 70:50. 1.5 The prefixes on module codes represent the credit levels as follows: A 2. level 4; B level 5; C level 6. Content 2.1 Part A - Economics Introductory Modules Semester 1 and 2 Compulsory Modules: ECA001 Principles of Macroeconomics ECA002 Principles of Microeconomics ECA003 Data Analysis ECA004 Quantitative Economics Semester 1 Optional Modules (Choose 2 from: ) EUA604 British Politics SSA001 Introduction to Sociology A SSA201 Introduction to Criminology and Social Policy A GYA004 Geographies of Global Economic Change Applied Languages (French, German, Spanish) Semester 2 Optional Modules (Choose 2 from: ) EUA608 British Government SSA002 Introduction to Sociology B SSA202 Introduction to Criminology and Social Policy B GYA104 Geographies of Identity Applied Languages (Some beginners' courses may be available, but most will follow on from Semester 1) 20 20 20 20 10 10 10 10 10 10 10 10 10 10 ECUB04 2.2 Part B - Degree Modules Semester 1 and 2 Compulsory Modules: ECB001 Intermediate Macroeconomics ECB002 Intermediate Microeconomics ECB003 Introduction to Econometrics Semester 1 and 2 Optional Modules: ECB004 Introduction to Finance ECB005 International Economic Relations ECB015 Economics of the Financial System Semester 1 Optional Modules: ECB136 Transport Economics ECB030 Energy and the Environment Applied Languages Semester 2 Optional Modules: ECB137 Economics of Leisure and Tourism ECB035 Economics of the Welfare State Applied Languages (Some beginners' courses may be available, but most will follow on from Sem. 1) 2.3 20 20 20 20 20 20 20 20 10 20 20 10 Part I : Optional Year Abroad (8 semester programme only) During the Year Abroad students will undertake a programme of study as specified by the Division of Economics within the School of Business and Economics. 2.4 Part C - Degree Modules Semester 1 and 2 Compulsory Modules (at least 2 must be selected): ECC024 Economic Modelling 1 (Semester 1) ECC001 Developments in Microeconomics (Semester 2) ECC101 Developments in Macroeconomics (Semester 1) Semester 1 and 2 Optional Modules: ECC126 Project Semester 1 Optional Modules: (choose selection) ECC003 International Money and Finance ECC004 Financial Economics and Asset Pricing ECC009 Public Finance ECC031 International Trade ECC035 Monetary Theory and Policy Semester 2 Optional Modules: (choose selection) ECC141 Corporate Finance and Derivatives ECC005 Economics of Industry and the Firm ECC050 Comparative Banking ECC119 Development Economics ECC139 Environmental Economics ECC140 Economics of Transition 20 20 20 40 20 20 20 20 20 20 20 20 20 20 20 Selection of the project module is subject to a minimum average mark of 60% in ECB001, ECB002 and ECB003, or similar criteria as agreed by the Division of Economics within the School of Business and Economics. In addition, the Division of Economics may offer new modules to be provided during the academic year. ECUB04 3. Assessment 3.1 Criteria for Progression a) Part A In order to progress from Part A to Part B candidates must accumulate 100 credits and obtain a minimum of 30% in remaining modules. b) Part B In order to progress from Part B to Part C candidates must accumulate at least 200 credits including at least 100 from degree level modules taken in Part B and obtain a minimum of 30% in remaining modules. c) Part C will be required to obtain 100 credits at 40% or above, plus a minimum mark of 20% in any remaining modules, in accordance with Regulation XX(26). Students registering onto the programme from 2010 onwards will be required to obtain 100 credits at 40% or above, plus a minimum mark of 30% in the remaining modules. 3.2 Criteria for Degree Award Candidates will be eligible for the appropriate undergraduate award when they have accumulated the following minimum credits. Degree of Bachelor (Honours Degree) 300 credits, not less than 100 of which shall have accrued from degree level modules taken in Part C, in not less than 6 semesters. The criteria for completion of Part C and for the award of the degree are set out in Regulation XX of the University Regulations. A Diploma in Professional Studies will be awarded to students who have satisfactorily completed the programme of study required for Part I. 3.3 Relative Weighting of Parts of the Programme for the purpose of Final Degree Classification. Candidates' final degree classification will be determined on the basis of performance in degree level Module Assessments in Parts B and C in accordance with the scheme set out in Regulation XX of the University Regulations. The average percentage marks for each Part will be combined in the ratio Part B 30% : Part C 70% to determine the final Programme Mark. 3.4 Reassessment Candidates must accumulate at least 60 credits in a Part of a Programme in order to be eligible for reassessment in the relevant Part during the University’s Special Assessment Period. Provision will be made in accordance with the Regulation XX of the University Regulations for candidates who have the right of re-assessment in any Part of the programme to undergo reassessment in the University's Special Assessment Period. Final year students are eligible to enter the University’s Special Assessment Period providing they have accumulated at least 60 credits in Part C as above. If a student registers to resit a module, they will be required to resit all failed components of that module (ie if their coursework mark was less than 40% they must ECUB04 resit the coursework and if their exam mark was less than 40% they must resit the exam). If a student resits the coursework element of a module and there was more than 1 coursework assignment for that module, then the student would be required to resit all coursework assignments in which they achieved a mark below 40%. Marks for elements of a module not being re-sat will be carried forward. A candidate whose Final Year Project is failed with a mark of 30-39% may be permitted to submit a revised version of the original piece of work for the purpose of re-assessment. A candidate whose Project is failed with a mark of less than 30% must submit a Project on a new topic. Updated Sept 2010