Industrial economics UoN vs economics UEA

I would have wanted to study straight econ but as I have missed the grade required I was given the choice to study industrial economics. Should I choose Industrial economics at uni of Nottingham or should I put economics at uni of east Anglia. I presume that the Uni of Nottingham is more renowned as it’s a Russel group uni.

Is a degree in industrial economics seen as a worse degree or is it still good as it’s from UoN. Also is there any large difference between economics and industrial economics?

Lots of your questions are next to impossible to answer. Should YOU choose industrial Econ at Notts over Econ at UEA, how are we meant to tell you want to do? I would recommend looking over the modules at each and then deciding.

I think your grad prospects could be slightly stronger from the Notts course, but the modules are very different (mainly that there's next to no macroeconomics as industrial Econ is more focused on microeconomics, competition/IO, managerial economics, financial economics). Also worth noting that while Nottingham's School of Economics is very highly rated, the Industrial Economics course mainly lies within the business school (where you might only doing the maths and some later optional modules with the economic department). Also that the business school is maybe 15mins walk from the rest of the campus.

So, for sure we can't tell you which to pick, but certainly research the modules. If you really liked macro or want to work as a macroeconomist later, industrial Economics probably isn't for you. If you liked microeconomics or want to work in that field then it's great. If you want to work in finance, consulting, or anything else where the course doesn't matter than just pick what you think you'll enjoy most, though yes on average Nottingham generally has better career prospects than UEA.

Thanks for the help. I wasn’t asking which one to pick just advice. I’ve looked over the modules before and there are a quite a lot of differences in modules.

I think it comes down to this, if you're indifferent between the modules, pick Nottingham - better for economics and generally has better career prospects).

If not then it's about whether you're willing to do a slightly less interesting course for a better uni and prospects. If not then pick uea

Pick industrial economics at Nottingham

I probably will. But just wondering, any particular reason why?

UoN has better reputation in high finance jobs. There are also very good finance societies there that help students find internships

but is a degree in industrial economics renowned or good Or is it seen as bad because it’s a worse economics degree?

I have the same issue. UofN with Industrial Economics or University of Surrey with Economics.

I like the UofN better but just can't get my head around not doing pure Economics as I just hadn't thought this would ever be the case.

Still think I'll be going for UofN as I really liked the place when I went to visit & when I read through the topics of Industrial Economics I like the idea of it. Just still struggling with the idea of it not being pure Economics.

What grades did you get - especially in maths a level?

That’s the same issue I had. I ended up not picking UofN as industrial Econ is just micro economics which will get quite boring doing similar things.

I got A-Maths, A-Economics & B - Physics

Congratulations! I do wonder that given your concerns if you want a more traditional quantities economics degree (or maths and economics) you might consider applying next year after a year out?