Economics/Business and Management

The world of enterprise is constantly adapting and evolving. The impacts and changes in the business environment in terms of economic events, changes in accounting practices, changes in the regulatory and legal environment, marketing decisions, and the development of business strategies can be the difference between success and failure for a company.

Within the Aberystwyth Business School, Economics studies the human choice and impact of choice on the production, distribution, and consumption of resources. Microeconomics deals with a choice at the individual level whereas macroeconomics analyses the economy as a whole. At Aberystwyth University, the combination of Economics / Business and Management will focus on the practical application of economic ideas, knowledge, and methods within the context of professional decision-making situations. In addition, you will also develop your knowledge of essential elements which include human resource, management, organisational behaviour, business strategy, business, and management.

A degree in Economics / Business and Management is highly rated by employers and on average attracts particularly high levels of graduate salaries.

Studying a degree in Economics will equip you with the following skills:

• Understanding of organisational behaviour and structure;

• Improved numeracy skills and the ability to research;

• Interpret and use business and financial data;

• Deep understanding of the causes and effects of economic and other external changes;

• Ability to communicate clearly written and spoken;

• Effective problem solving;

• Analytical and creative thinking skills;

• Decision- making;

• Ability to work independently and as part of a team;

• Time-management and organisational skills;

• Self-motivation and self- reliance.

Our graduates have progressed into these specialist pathways:

• Chartered Accountant;

• Chartered Certified Accountant;

• Chartered Management Accountant;

• Chartered Public Finance Accountant;

• Economist;

• Investment analysis;

• Financial risk analyst;

• Actuary;

• Civil Service;

• Diplomatic Service;

• Local Government.