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The Modern British Economy (Foundation Year)


  • Credit value: 15 credits at Level 3
  • Convenor: Jose Camarena Brenes
  • Tutors: Paul Bullock and Dr Alan Hooper
  • Assessment: a 1500-word essay (100%)

Module description

In this Foundation Year module we introduce you to the contemporary British economy by studying how the economic policies of the government respond to, and affect, business operations. You will examine the major forces at work in the domestic and global economy and how national and international organisations respond to those forces.

Indicative syllabus

  • Crisis - what crisis?
  • The origins of the present crisis: revolution and decline
  • The mid-70s crisis
  • An economy transformed?
  • The Thatcher legacy
  • The financial climacteric
  • An industrial renaissance?
  • What about the workers?
  • Cities and regions
  • Bricks and torture
  • A service economy? 

Learning objectives

By the end of this module, you will:

  • have basic knowledge of the development of the British economy
  • have basic understanding of the issues and debates concerning the managing of the British economy
  • begin to think critically and independently about what you have seen and read
  • have an appreciation of Britain’s changing role in the global economy
  • have gained skills and critical vocabularies needed to facilitate study of the British economy.