What is maths like in an economics degree?

University course discussion for economics.

Announcements Posted on
Ask me ANYTHING - Andrew O'Neill - Buzzcocks comedian, amateur occultist, vegan... 22-05-2013
IMPORTANT: You must wait until midnight (morning exams)/4.30AM (afternoon exams) to discuss Edexcel exams and until 1pm/6pm the following day for STEP and IB exams. Please read before posting, including for rules for practical and oral exams. 28-04-2013
Sign in to Reply
  1. alexhcl123's Avatar
    • New Member
    • Posts: 10
    Re: What is maths like in an economics degree?
    (Original post by .ACS.)
    It would depend entirely on the programme itself. From the title, I'd expect Economics & Management to have distinct modules in economics and then distinct modules in management, whereas I'd assume Business Economics to have a stronger focus on industrial organisation and managerial economics.

    But again, it's important to compare the actual modules and content of the modules since titles mean little.
    Correctly said. For E&M in Oxford it's basically like Two separate degree in one course with all the compulsory modules that you're require to do in other unis.

    For me E&M is a much better choice if u want diversity.

    Thumbs up for economics and econometrics !!
    But i digress
  2. alexhcl123's Avatar
    • New Member
    • Posts: 10
    Re: What is maths like in an economics degree?
    (Original post by Kevin Wu)

    I am concerned with my maths, having achieved a B at AS; not too sure why- I think it's a bad relation with my teacher (Predicted me an E on my report) NB I achieved 93% C1, 84% S1 and 42% C2- LOL FAIL.

    I always thought that maths was my strongest subject (98%) at GCSE.

    Can anyone possibly present me with some 1st year maths in an Economics degree?
    Ok I see that ur maths isn't tat bad , do u enjoy calculus and statistics ?

    LSE Economics prefer double maths with a right reason, maths (even in first year micro) could get monstrously hard. Not the mention if u are wishing to pursue a more math-based degree.

    Dude just make sure u get A* in C3 & C4 and I see no reason why they should tear ur personal statement as soon as they sees it
  3. Curious_Lawyer's Avatar
    • Respected Member
    • Posts: 230
    Re: What is maths like in an economics degree?
    (Original post by alexhcl123)
    Correctly said. For E&M in Oxford it's basically like Two separate degree in one course with all the compulsory modules that you're require to do in other unis.

    For me E&M is a much better choice if u want diversity.

    Thumbs up for economics and econometrics !!
    But i digress
    Just out of curiosity,

    What are the differences in the level of economics for someone taking PPE and another taking Economics and Management. (At say, Oxford)

    Would they be somehow similar? Not entirely sure about the level that they vary. Oxford does not offer a straight economics course for undergraduate, which is a shame for some.
  4. Curious_Lawyer's Avatar
    • Respected Member
    • Posts: 230
    Re: What is maths like in an economics degree?
    (Original post by alexhcl123)
    Ok I see that ur maths isn't tat bad , do u enjoy calculus and statistics ?

    LSE Economics prefer double maths with a right reason, maths (even in first year micro) could get monstrously hard. Not the mention if u are wishing to pursue a more math-based degree.

    Dude just make sure u get A* in C3 & C4 and I see no reason why they should tear ur personal statement as soon as they sees it
    Calculus and statistics - indeed! (Although calculus with trigonometries are not my forte)

    I suppose I should give up my aspiration to do economics at LSE, achieving A* in C3 and C4 is virtually impossible I think. (Having to re-sit C2 to achieve an overall A)

    Are you an economics student?
  5. Elbonian's Avatar
    • Adored and Respected Member
    • Location: Cambridge
    Re: What is maths like in an economics degree?
    (Original post by .ACS.)
    You shouldn't cover trig in any undergraduate straight Economics programme. Or at least, while some universities have it in their Maths for Economics module (Bath spring to mind), you won't be required to used it when dealing with the applications in second and third year economic modules.

    Economics is often argued to be an Applied Maths degree. The most mathematical courses will simply resemble A-Level Maths in that you're taught a method to solve a problem and you'll do the exact same in an exam.

    It's important to note, however, that to be truly good in economics not only must you have a strong grasp of the mathematical tools, but also understand the theory and intuition. It's simple for anyone to learn a method to solve a problem like a monkey, but often exam questions will throw a curve ball at you and you'll have to think about what makes this problem different to the examples you've studied and solve it from there in a mathematical manner.
    Just to clarify, maths in an economics degree is nothing like the maths on a physics or maths degree. It may be hard, but it certainly isn't as hard. Equating an economics degree to an applied maths one is misleading because the few applied maths degrees actually named 'Applied Mathematics' still have a number of pure modules, which are a whole different ball park above any of the maths one would cover in an Economics degree.

    I would have to disagree that if one were struggling on A-level Maths or FM, one would struggle on an Economics degree. To be honest, everyone struggles with their degree at some point, just as everyone struggled with their A-levels at some point. I say if you can get an A in A-level Maths then you're good enough for an Economics degree. Most students who got A's or even A*'s in Maths didn't exactly coast along the way.
    Last edited by Elbonian; 20-01-2012 at 22:48.
  6. manthew's Avatar
    • Benevolent Member
    • Posts: 811
    Re: What is maths like in an economics degree?
    (Original post by Kevin Wu)
    Calculus and statistics - indeed! (Although calculus with trigonometries are not my forte)

    I suppose I should give up my aspiration to do economics at LSE, achieving A* in C3 and C4 is virtually impossible I think. (Having to re-sit C2 to achieve an overall A)

    Are you an economics student?
    If you're made a conditional offer, it would likely to be A*AA with a pass in Further Math (A* for math).

    Source: been there.


    (Original post by Kevin Wu)
    Just out of curiosity,

    What are the differences in the level of economics for someone taking PPE and another taking Economics and Management. (At say, Oxford)

    Would they be somehow similar? Not entirely sure about the level that they vary. Oxford does not offer a straight economics course for undergraduate, which is a shame for some.
    As for PPE in Oxford, you get to specialise by dropping one subject in second year. Despite the fact that it's not a pure economics, its economic studies are comparatively intense; the math is insane and you will be spending most your time writing essays. Therefore, you won't be disadvantaged by going to Oxford PPE imo.
    Last edited by manthew; 21-01-2012 at 07:57.
  7. tiffster's Avatar
    • Exalted Member
    • Location: Oxford
    • Posts: 318
    Re: What is maths like in an economics degree?
    I know that the maths involved in the Economics and Management course at oxford is not as heavy compared to other Universities who do the straight BSc Economics at least in terms of Econometrics. They work through the 'Oxford maths Workbook' the Oxf Uni 1st year undergrad book all E&M, PPEists etc go through in their first year when studying Economics. It has 10 chapters, the first 5 which are A level maths. The rest use Economic theories and put them into context such as using the lagrange method and doing partial derivatives and stuff. That is the first year though. I presume the second and third years become more advanced. But it doesn't mean that at oxford it's easier, but it would be intense too with the added essays etc. and the depth or whatever they go into
    Last edited by tiffster; 23-01-2012 at 20:23.
Sign in to Reply
Share this discussion:  
Article updates
Moderators

We have a brilliant team of more than 60 volunteers looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Reputation gems:
The Reputation gems seen here indicate how well reputed the user is, red gem indicate negative reputation and green indicates a good rep.
Post rating score:
These scores show if a post has been positively or negatively rated by our members.