Explore Management Economics at Essex! Gain insights into business operations and develop essential skills for international careers. Apply now!
Unlike conventional management courses, at Essex students analyze the economics of a business or organization and investigate how they operate and behave. Students develop their abilities in economics and gain confidence in applying them to organizational management, as well as receiving expert training in quantitative research methods. Students gain a thorough understanding of how businesses function and develop their 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 The Department is rated consistently highly for student satisfaction and is top 5 in the UK for research, with over 90% of their research rated as “world-leading” or “internationally excellent” (REF 2014). Management economics gives students a valuable grounding in economics, with a particular focus on how companies work. They provide students with a greater understanding of how firms operate, teaching them how resources are allocated within a company, why a company is structured in a particular way, and how these structures affect the overall economy.
