International Year One in Economics*

The Academic English Skills course teaches students the specific academic language skills they need to develop for success at University of Sheffield. The course focuses on the receptive (listening and reading) and productive (speaking and writing) skills through practice in semi and authentic task-based activities which build a strong foundation in preparation for each student's future studies. This critical module places particular emphasis on developing academic reading and research skills; research-based writing along with presentation and seminar speaking skills.

This module aims to equip students with foundational mathematical tools and techniques essential for analysing and solving problems in economics and finance. Students will explore topics such as sequences, series, differentiation, and integration, with practical applications to financial modelling and economic analysis. By integrating concepts like optimization, constrained decision-making, and matrix algebra, the module develops a comprehensive skill set for quantitative reasoning and informed decision-making in complex economic and financial contexts.

This module explores how economies function and interact on a national and global scale. It examines the factors that influence economic performance, the role of government policies in managing economic stability, and the challenges of inflation, unemployment, and growth. Students will develop critical thinking and analytical skills by evaluating economic trends, policy decisions, and their broader social and financial implications. Through real-world applications, this module builds a foundation for understanding the complexities of macroeconomic decision-making and its impact on businesses and society.

This module provides students with a fundamental understanding of microeconomic principles, focusing on how individuals and firms make decisions in different market conditions. It explores the mechanisms that drive economic choices, the allocation of resources, and the impact of government policies on markets and welfare. Students will develop analytical and problem-solving skills by applying economic theories to real-world scenarios, fostering a critical understanding of economic behaviour and its implications for businesses and society.

• Foundations in Financial Management
• Introduction to Financial Accounting
• Introduction to Management Accounting

• Business Management in Context
• Economics and Human Behaviour Contexts in Business
• Management Themes and Perspectives

• Foundations in Financial Management
• Professional Self Management
• Statistical Methods for Economics

This module develops students' awareness of the importance of understanding the social context within which businesses and managers operate. By critically exploring contemporary issues, it challenges students to rethink traditional business practices and examine the role of organisations in shaping a more responsible and sustainable society. The module highlights the significance of socially responsible work practices, ethical decision-making, and the evolving expectations placed on businesses by stakeholders. Through real-world case studies and theoretical perspectives, students will critically assess how businesses respond to social, political, and economic challenges in a globalised world.

This module provides students with a foundational understanding of business economics and organisational behaviour, focusing on their relevance to contemporary businesses and society. It introduces diverse economic perspectives, encouraging critical engagement with mainstream and alternative approaches to economic analysis.  It explores key psychological and behavioural concepts that shape individual and group behaviour in the workplace, equipping students with analytical tools to assess organisational dynamics and decision-making.

This module is designed to establish a strong foundation in financial management, equipping students with essential skills and knowledge for effective financial decision-making. It explores core financial concepts, techniques, and methodologies while introducing key principles, theories, and calculations critical to the field. The module also integrates contemporary topics such as sustainability, corporate governance, and risk management, ensuring students are prepared to tackle the complexities of financial management in evolving business landscapes. Furthermore, it aligns with the foundational syllabus of professional accounting bodies, providing a solid platform for progression to advanced modules and professional certifications.

Financial Accounting is concerned with how a business records and summarises financial transactions in financial statements. This module provides students with a foundational understanding of the construction of financial statements, the key accounting principles underpinning them, and their role in business decision-making. Students will develop practical skills in preparing financial statements, interpreting financial data, and understanding the limitations of financial reporting. The module also introduces the regulatory framework, including IFRS, and ethical considerations in financial accounting.

This module aims to establish a firm understanding of the fundamental techniques of management accounting. It introduces students to the key roles of a management accountant, including attention-directing, score-keeping, and problem-solving. The module explores the application of management accounting techniques in planning, decision-making, and performance evaluation, ensuring students develop a critical awareness of how accounting techniques vary based on organisational objectives and operational needs.

This module introduces students to key management disciplines, including marketing, sustainability, operations management, and strategic management. It provides foundational knowledge and practical insights into how businesses operate in a dynamic and competitive environment. Students will critically engage with management theories, analytical tools, and decision-making processes relevant to contemporary business challenges.

This module provides a structured and supportive framework for students to reflect on their learning, performance, and achievements while planning for their personal, academic, and career development. It ensures that students are well-prepared to maximise their academic experience and are equipped to continue their development throughout and beyond their studies.

This module aims to develop students’ understanding of core statistical concepts and methods, including probability, hypothesis testing, and regression analysis. Emphasising both theoretical foundations and practical applications, the module equips students with the skills to analyse and interpret data, assess model performance, and apply statistical techniques to solve complex problems across diverse contexts.