Studying Economics with Spanish at Royal Holloway means that you will learn from internationally renowned experts at one of the UK’s top ten economics teaching and research centres and spend a quarter of your time studying Spanish with leading experts. Economics is one of the most influential and liveliest disciplines in today's world, affecting the lives and fortunes of everyone on the planet. The knowledge and transferable skills gained, coupled with proficient Spanish language skills, will lead to excellent career prospects in public and private management, financial institutions and in government.
Through this course you will develop an in-depth understanding of economics at all levels – from the company to the state, and beyond; you will learn to appreciate and apply the core theories of micro and macroeconomics; gain important quantitative and computing skills that are widely applicable as well as skills in logical reasoning and gain experience in logical and philosophical reasoning. Your added focus on spanish means you will develop advanced technical proficiency in reading, writing, speaking and listening.
Our balanced approach to research and teaching guarantees high quality teaching from subject leaders, cutting edge materials and intellectually challenging debates. Our courses follow a coherent and developmental structure which we combined with an effective and flexible approach to study.
- Excellent career prospects; economics graduates have an impressive employment record and their starting salaries are amongst the highest in the country.
- Highly rewarding and engaging; Spanish is one of the world’s most widely-spoken languages and the literature and cultures of the Hispanic world are fascinating.
- Quality research and teaching;one of only two economics departments in the country placed in the top ten for both research and student satisfaction, we are also in the top ten of UK Modern Languages departments for research quality, and first in London (Research Assessment Exercise, 2014 and National Student Survey 2015).
- Inspiring close community; a friendly and relaxing environment where everyday interactions with student and staff from different departments and nationalities are a norm - the 8,500 students come from 130 countries.
Economics: Principles of Economics
You will gain an understanding of the basic theories of microeconomics (the behaviour of individuals and firms) and macroeconomics (the behaviour of the economy as a whole and relations). In macroeconomics you will learn about circular flow; the goods market; money, bonds, income, and interest; fiscal policy; monetary policy; aggregate demand and supply; the Phillips curve; and long term growth. Discussions will take place on the current financial / debt crisis and the inflation-unemployment trade-off. In microeconomics you will learn about supply and demand; elasticity; theories of the consumer and the firm; and market structures.
Economics: Quantitative Methods of Economics 1
In this module you will become familiar with the basic mathematical, quantitative, computing and statistical tools for the study of Economics.
Economics: Post-Crisis Economics
This module covers economic institutions, economic history, post-crisis economics, and experimental and behavioural economics. You will be provided with an overview of each of these topics based on economic theory, followed by applications and relevant supporting data. You will discuss the topics and learn how to write an essay, how to present, how to collect economic data, how to find relevant economic research, and how to think like an economist.
Spanish: Intensive Spanish for Beginners 1
This is your core Spanish language module (beginners’ pathway). It is taught intensively in five weekly seminar hours. The first three hours are devoted to work on reading, writing and listening comprehension skills combining both in-situ exercises with homework revision that students will have prepared for the day. The fourth hour is reserved for oral practice, which happens in the form of debates, role plays or text commentaries. The fifth hour is a grammar lecture in which new verb tenses and grammatical structures are introduced.
Spanish: Spanish 1
This is your core Spanish language module in which you will develop your skills in writing, speaking and comprehending the Spanish language. There are three hours of seminars per week well as a grammar lecture taught fortnightly. Teaching is done in small groups and conducted largely in Spanish. The module consists of a combination of textual analysis and grammar consolidation, combining in-situ exercises with homework revision; grammar work; lexical work and oral and listening work to develop lexical and communicative skills through the use of varied media such as the use of audio-visual aids, oral presentations and debates. You will take part in group discussions and have the chance to develop and practice your presentation skills.
Spanish: Spanish 2
This is your core Spanish language module in which you will continue to develop your skills in writing, speaking and comprehending the Spanish language. It consists of a combination of textual analysis and grammar consolidation, combining in-situ exercises with homework revision; grammar work; lexical work and oral and listening work to develop lexical and communicative skills through the use of varied media such as the use of audio-visual aids, oral presentations and debates. Through oral practice you will have the opportunity to take part in group discussions and have the chance to develop and practice your presentation skills.
This module covers microeconomic analysis and policy. You will be introduced to analytical tools for studying the behaviour of individuals and firms across a range of economic settings. Topics include optimisation of consumer and firm problems; strategic interactions between firms in different non-competitive environments; choice under uncertainty; intertemporal decisions; and general equilibrium theory. For each topic, real world applications will show how models are used to examine complex issues, make predictions and prescribe policy. You will also study the features of economies that give rise to desirable market outcomes under different welfare criteria in conjunction with situations that result in market failures.
This module covers macroeconomic theory and policy. You will develop an understanding of macroeconomics at the intermediate level, considering the determinants of aggregate variables such as unemployment, investment, consumption, interest rates, inflation, exchange rates and the balance of trade (net exports). Topics include the goods and financial markets and the Hicks-Hansen (IS-LM) model in the short run; aggregate supply, the labour market and the Aggregate Demand – Aggregate Supply (AD-AS) model in the medium run; the Phillips curve, disinflation and Okun’s law; Economic growth and the Solow model; consumption and investment theory and the role of expectations in the IS-LM model; open economy, exchange rate regimes and Mundell-Fleming model; hyperinflation, financial crises and the euro zone; and fiscal policy, monetary policy, and the practice of policy making.
Economics: Quantitative Methods of Economics 2
The first half of this module is dedicated to the mathematical theory of optimisation, where you will study linear algebra and the theory of concave functions. The second half is intended to provide you with a solid understanding of the essentials of empirical research techniques (econometrics) used by applied economists.
Spanish: Intensive Spanish for Beginners 2
This is an intensive course with four hours per week of contact in each term, plus an extra hour of oral practice. The first two hours are devoted to work on reading, writing and oral skills combining in-situ exercises with homework revision that you will have prepared for the day (usually a journalistic text). The third hour is reserved for the listening comprehension exercises which sometimes take place in language laboratories. The last hour is a grammar lecture in which new verb tenses and grammatical structures are introduced and subsequently put into practice during the next two hours of the following week.
Spanish: Principles and Practice of Translation from Spanish to English and English to Spanish
Classes will focus on a piece of Spanish or English from a literary or (quality) journalistic source. You will be required to draft an English or Spanish translation of it in preparation for the class, which will be spent discussing the relative merits of different versions. Some time will be devoted to vocabulary acquisition and the consideration of professional translations too.
Spanish: Spanish 3
This is your core language module in Spanish, in which you will continue to develop your skills in writing, speaking and comprehending Spanish. It is taught entirely in Spanish, and takes the form of a combination of formal grammar lectures and seminars focused on written and oral skills. The module concentrates on textual analysis and grammar consolidation, combining in-situ exercises with homework prepared in advance; grammar work: theory and practice; lexical work. You will deliver presentations in Spanish and take part in debates. You will also refine your knowledge of aspects of contemporary Spanish by studying films, podcasts, news broadcasts and other audiovisual aids.
In addition to these mandatory course units there are a number of optional course units available during your degree studies. The following is a selection of optional course units that are likely to be available. Please note that although the College will keep changes to a minimum, new units may be offered or existing units may be withdrawn, for example, in response to a change in staff. Applicants will be informed if any significant changes need to be made.
Only core modules are taken
Only core modules are taken
Economics: Industrial Economics
Economics: Financial Economics
Economics: Understanding Financial Crises
Economics: Environmental Economics
Economics: Economics of Warfare
Economics: Experimental Economics
Economics: Monetary Economics
Economics: Topics in Game Theory
Economics: Financial Econometrics
Economics: Labour Economics
Economics: Philosophy of Economics
Economics: Public Economics
Economics: Topics in Economics History
Economics: Topics in Development Economics
Economics: Advanced Topics in Game Theory
Economics: Economics of Inequality
Home and EU students tuition fee per year 2017/18*: £9,250
International students tuition fee per year 2017/18**: £15,600
Other essential costs***: There are no single associated costs greater than £50 per item on this course
How do I pay for it? Find out more.
*Tuition fees for UK and EU nationals starting a degree in the academic year 2017/18 will be £9,250 for that year. This amount is subject to the UK Parliament approving a change to fee and loan regulations that has been proposed by the UK Government. In the future, should the proposed changes to fee and loan regulations allow it, Royal Holloway reserves the right to increase tuition fees for UK and EU nationals annually. If relevant UK legislation continues to permit it, Royal Holloway will maintain parity between the tuition fees charged to UK and EU students for the duration of their degree studies.
**Royal Holloway reserves the right to increase tuition fees for international fee paying students annually. Tuition fees are unlikely to rise more than 5 per cent each year. For further information on tuition fees please see Royal Holloway’s Terms & Conditions.
***These estimated costs relate to studying this particular degree programme at Royal Holloway. Costs, such as accommodation, food, books and other learning materials and printing etc., have not been included.