How can economic ideas and principles help us to understand how organisations work and industries function? What role do economic principles play in management decisions and in the analysis of strategic interactions among businesses and organisations? Unlike conventional management courses, at Essex you analyse the economics of a business or organisation and investigate how they operate and behave.
You develop your abilities in economics and gain confidence in applying them to organisational management, as well as receiving expert training in quantitative research methods. You gain a thorough understanding of how businesses function and develop your analytical, modelling and research skills through studying topics including:
- Managing people and practices
- Monopoly power and regulation
- Applying economic techniques to managing new technologies
- The impact of business decisions on products, prices, and social welfare
We are rated consistently highly for student satisfaction and are top 5 in the UK for research, with over 90% of our research rated as “world-leading” or “internationally excellent” (REF 2014).
Management economics gives you a valuable grounding in economics, with a particular focus on how companies work. We provide you with a greater understanding of the how firms operate, teaching you how resources are allocated within a company, why a company is structured in a particular way, and how these structures affect the overall economy.
This ensures that you graduate having received a strong training in management economics.
Your education extends beyond the university campus. We support you in expanding your education through offering the opportunity to spend a year or a term studying abroad at one of our partner universities. The four-year version of our degree allows you to spend the third year abroad or employed on a placement abroad, while otherwise remaining identical to the three-year course.
Studying abroad allows you to experience other cultures and languages, to broaden your degree socially and academically, and to demonstrate to employers that you are mature, adaptable, and organised.
If you spend a full year abroad you’ll only pay 15% of your usual tuition fee to Essex for that year. You won’t pay any tuition fees to your host university
Alternatively, you can spend your third year on a placement year with an external organisation, where you learn about a particular sector, company or job role, apply your academic knowledge in a practical working environment, and receive inspiration for future career pathways. You will be responsible for finding your placement, but with support and guidance provided by both your department and our Employability and Careers Centre.
If you complete a placement year you’ll only pay 20% of your usual tuition fee to Essex for that year.
Our expert staff
Study and work alongside some of the most prominent economists.
Our researchers are at the forefront of their field and have even received MBEs, with students coming from across the globe to study, research or work with us. Our Department of Economics is a richly diverse home to staff and students from all over the world who have a strong sense of belonging and want to think, learn and change the world together.
Many of our researchers also provide consultancy services to businesses in London and other major financial centres, helping us to develop research for today’s society as well as informing our teaching for the future.
Take advantage of our extensive learning resources to assist you in your studies:
- Extensive software for quantitative analysis is available in all computer labs across the university
- Access a variety of economics databases and multiple copies of textbooks and e-books in the Albert Sloman Library
Many employers want economists with critical thinking skills who can tackle large data sets and practical problems. Our course helps you to become more employable and takes you closer to that dream job or postgraduate course when you graduate.
Our students are in demand from a wide range of employers in a host of occupations, including financial analysis, management, public administration and accountancy.
Our recent graduates have gone on to work for a wide range of high-profile companies including:
- Bank of England
- Ernst and Young
- Morgan Stanley
- Bank of New York
- RBB Economic Consulting
- Government Economic Service
We also work with the University’s Student Development Team to help you find out about further work experience, internships, placements, and voluntary opportunities.
Why we’re great
- We are Top 5 in the UK for our research excellence – you can learn from the best.
- We’re home to staff and students from all over the world so you’ll be surrounded by likeminded people with a wealth of knowledge and experience.
- We give you diverse employment potential and the chance to meet future employers.
We offer a flexible course structure with a mixture of core/compulsory modules, and optional modules chosen from lists.
Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The course content is therefore reviewed on an annual basis to ensure our courses remain up-to-date so modules listed are subject to change.
Teaching and learning disclaimer
Following the impact of the pandemic, we made changes to our teaching and assessment to ensure our current students could continue with their studies uninterrupted and safely. These changes included courses being taught through blended delivery, normally including some face-to-face teaching, online provision, or a combination of both across the year.
The teaching and assessment methods listed show what is currently approved for 2022 entry; changes may be necessary if, by the beginning of this course, we need to adapt the way we’re delivering them due to the external environment, and to allow you to continue to receive the best education possible safely and seamlessly.
On a placement year you gain relevant work experience within an external business or organisation, giving you a competitive edge in the graduate job market and providing you with key contacts within the industry. The rest of your course remains identical to the three-year degree.
On your year abroad, you have the opportunity to experience other cultures and languages, to broaden your degree socially and academically, and to demonstrate to employers that you are mature, adaptable, and organised. The rest of your course remains identical to the three-year degree.
- Teaching is arranged to allow freedom in how you organise your learning experiences
- After receiving a general overview of a topic in your two-hour weekly lecture, you discuss and solve the issues it raises in a class with 15 to 20 fellow students
- Optional support classes
- You are assessed each year through a mixture of coursework and end-of-year examinations
- The balance is set at 50% coursework and 50% exam
- For many of your second- and final-year modules, coursework takes the form of an extended essay
- Complete your final year project in consultation with a personal supervisor