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MSc Management Economics

Different course options

Study mode

Full time

Duration

1 year

Start date

03-OCT-24

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Business / Industrial Economics

Course type

Taught

Course Summary

Our MSc Management Economics trains you to use economics in managerial decisions and in the analysing of strategic interaction among firms. We combine theory and applications to provide you with a unique combination of business knowledge and economic skills.

Upon completion of our course, you will be able to think strategically and will be equipped to discuss economic theory in plain language, relating it to managerial decisions and market intelligence. You explore topics including:

  • Contract theory, incentive theory, and the theory of the firm
  • Real-world management decision-making
  • The interaction between firms in different market structures
  • How strategic interactions can affect sales and profitability
  • The main principles and theories of modern microeconomics

We are top 5 in the UK for research, with over 90% rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and we have strengths in the areas of:

  • Game theory and strategic interactions
  • Theoretical and applied econometrics
  • Economic policy

The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.

Your future

After completing your masters, you may wish to extend your knowledge with a research degree – many Essex graduates decide to stay here for further study.

Alternatively, our course also prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.

On our course you gain key employability skills including mathematical techniques, research skills, communication, and modelling.

More generally, our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.

Modules

What are the concepts and methods of modern microeconomics? And how can you apply economic reasoning to this? Understand the main principles and theories of modern microeconomics, looking at topics like contract theory, equilibrium concepts in game theory, and market signalling. Learn to apply economic reasoning to these arguments.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

£14,300

International fees
Course fees for EU and international students

For this course (per year)

£22,400

Entry requirements

A degree with an overall 2.2 in a discipline related to economics such as: Economics, Maths, Engineering, Finance, Physics or any other degree with a strong maths component. The Degree should contain some economics components including Macroeconomics; Microeconomics or Econometrics.

University information

The University of Essex prides itself on being at the forefront of change. It is an institution with a culture of boldness where creativity and curiosity in learning are both encouraged and expected. It’s a UK university, placing 36th and 32nd according to the Whatuni Student Choice Awards 2023 and the 2024 Complete University Guide rankings, respectively. At the University of Essex, students are taught by world-leading academics in a...more

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