Economics and Management

Overview

Economics is the study of how consumers, firms and governments make decisions that together determine how resources are allocated. An appreciation of economics and the general workings of the economy have become increasingly necessary to understand government policy-making, the conduct of businesses, and the enormous changes in economic systems which are occurring throughout the world. 

Management is concerned with the effective use and coordination of materials and labour within an organisation in the pursuit of its defined objectives. Management considers the interrelationship and interactions between distinct parts of an organisation, and between the organisation and its environment. Students will look at theories, models and frameworks in order to understand how managers behave and to consider their role in the process of decision-making.

Careers

The graduates in Economics and Management offered at the University of Oxford  are among the most sought after by employers. Their current employers include leading international organisations 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, journalism, industry, the Civil Service and teaching as well as a wide range of other sectors.