About this program
BSc Management Economics
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
- Marketing
- Monopoly power and regulation
- Applying economic techniques to managing new technologies
- The impact of business decisions on products, prices, and social welfare
We are 4th in UK for research power in economics and econometrics (Times Higher Education research power measure, Research Excellence Framework 2021).
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.
Admission requirements
Clearing entry requirements
Specific entry requirements for this course in Clearing are not published here but for most of our degree courses you will need to hold a Level 3 qualification. If you are interested in applying and have already received your results, use our Clearing application form to apply for 2022 entry and find out if you are eligible. You will be asked to provide details of your qualifications and grades.
English language requirements
English language requirements for applicants whose first language is not English: IELTS 6.0 overall. Different requirements apply for second year entry, and specified component grades are also required for applicants who require a Tier 4 visa to study in the UK.
Other English language qualifications may be acceptable so please contact us for further details. If we accept the English component of an international qualification then it will be included in the information given about the academic levels listed above. Please note that date restrictions may apply to some English language qualifications
If you are an international student requiring a Tier 4 visa to study in the UK please see our immigration webpages for the latest Home Office guidance on English language qualifications.
If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.
For more information about admission requirements, please visit the university website.
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Program content
Year 1
- Introduction to Economics
- Career Skills in Economics
Year 2
- Macroeconomics (Intermediate)
- Microeconomics (Intermediate)
- Mathematical Methods in Economics
- Introduction to Econometric Methods
- Management of New Technology
- Economics of Organisational Management
- Career Skills in Economics
Final Year
- Theory of Monopoly and Regulation
- Market Structure and Strategic Behaviour
- Project: Economics
- Career Skills in Economics
Scholarships & funding
Several scholarship options are available, please visit the university website for more information.
Program delivery
BSc Management Economics: 3 years
BSc Management Economics (Including Year Abroad): 4 years
BSc Management Economics (Including Placement Year): 4 years
- 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
Tuition
- Home/UK fee: £9,250
- International fee: £18,600
Career paths
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
- Deloitte
- 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.
About this institute
University of Essex
We are Essex: home to the ambitious and the inquisitive. We are proud to be top 39 in the Complete University Guide (2022), a past University of the Year (THE) and internationally recognised for Social Sciences. We're committed to two...
