Number admitted: 3 undergraduates per year.
The Economics and Management (E&M) degree is one of the most popular courses in the university. Economics explores how consumers, firms and governments make decisions that together determine how scarce resources are allocated. E&M students will receive a strong foundation in microeconomics, macroeconomics and quantitative methods (introductory econometrics). In their third year, students can choose from a variety of exciting subjects with more than fifteen option papers to choose from. This offers E&M students the possibility of tailoring their degree towards specialisation in any of the major branches of the discipline. Management focuses on the effective use and coordination of materials and labour within organizations in the pursuit of the defined mission objectives. Management students look at theories, frameworks, and case studies in order to understand how managers behave and consider their role in the process of decision-making. Specific topics include: Finance; Strategy; Marketing; Operations Management; Accounting.
Economics and Management is taught in lectures tutorials and classes. In the first year, students will typically have a lecture on a General Management topic each week followed by a tutorial. They will also study Finance and Financial Accounting. First-year E&M students will also receive training in mathematics and statistics to further their background in these subjects beyond A-level. They will attend weekly lectures in microeconomics, macroeconomics and introductory probability and statistics followed by classes and tutorials. The second year in economics includes advance courses (core) in micro and macro in addition to quantitative methods (introductory econometrics). Lectures and tutorials in economics are the same for E&M students and for Philosophy, Politics, and Economics (PPE) and History and Economics (H&E). Therefore, E&M students will be working closely with peers in other social science disciplines. Third year options are typically taught by subject experts across the university. You will therefore also have the opportunity to interact closely with academics not only in college but across the collegiate university. In the second (Management) and third years students specialize in options that particularly excite them. These form the papers in their Finals exams.
Economics and Management are ideal intellectual partners. Economics provides a broad understanding of economic activity within which all organizations function; Management in turn analyses the character and goals of that functioning. The college tutors have particular expertise in a range of Economics and Management areas. Professor Alex Nicholls is the Professor of Social Entrepreneurship at the Said Business School and has research interests and expertise in social innovation policy, social investment, and fair trade and ethical consumption. Dr Jan-Emmanuel De Neve is Associate Professor of Economics and Strategy at the Said Business School and has research and teaching interests in behavioural economics, political economy, strategy and business-government relations. Dr Isabel Ruiz is the college's Fellow & Tutor in Economics and she teaches introductory and core courses in the Philosophy, Politics and Economics (PPE) and Economics and Management (E&M) programmes. She also teaches option papers in economics for the University including economics for developing countries and contributes to the economics for public policy course for the MPP.
Graduates in Economics and Management are among the most sought after in the University. Employers of Economics and Management graduates include leading international organizations in traditional activities, as well as new start-up companies in a variety of high-tech fields. Recent graduates have secured positions in banking and finance, consultancy, research and teaching and a wide range of other sectors. The college tutors have extensive networks across employers and alumnae and are always happy to offer careers support.
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