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Might economics fit me best?

I'm struggling to decide on a course of study. I know what interests me but I'm not so clear on what might be the best course of study to suit those interests.

Essentially, so far, I've found myself most curious and engaged when looking at rational/optimal decision making whether in formal or informal settings. I'm most interested in when there is a competitive aspect and we're essentially playing against other actors.

To give examples of that in practice:
- I play a lot of poker and study quite seriously. I've played around most recently with game theory optimal vs predatory play (how much weight you place on exploiting others' weaknesses with respect to indifference to everybody else at the table).
- I've audited university courses on game theory / decision theory on YouTube and have found these fully engaging.
- Even when in my personal and working life, when not dealing strictly with formal systems by which to make an analysis, I like to think about interactions and decisions on a strategic basis and how to achieve my best outcome, whether through gambits directly in my job (sales) when talking with potential clients or more formally making a decision about the risk of taking on certain business and going through a process of deciding whether I want to sign-off on accepting it.


It seems most sensible to me that I ought to study something along the lines of maths or economics if I want to study this formally and that management and political science might also good contenders considering how I might be most interested in going forward this this interest in the future (whether in consulting/finance or whatever else). I'm not sure where I might best be suited though.

Having read through course descriptions, it seems plausible that each of these courses of study might include some study of decision theory/science, microeconomics (and game theory), management theory, etc. I wonder how I might get the most of this kind of focus though.

Might I have some help? It's taken me a long time to realise that this is what I'd like to focus on and now I'm just trying to orient myself around the interests. I'm not sure if my interests here might be too narrowed and so more appropriate when considering graduate level courses though really I've no idea.

Any advice or feedback you have is really appreciated
Original post by Athematica
I'm struggling to decide on a course of study. I know what interests me but I'm not so clear on what might be the best course of study to suit those interests.

Essentially, so far, I've found myself most curious and engaged when looking at rational/optimal decision making whether in formal or informal settings. I'm most interested in when there is a competitive aspect and we're essentially playing against other actors.

To give examples of that in practice:
- I play a lot of poker and study quite seriously. I've played around most recently with game theory optimal vs predatory play (how much weight you place on exploiting others' weaknesses with respect to indifference to everybody else at the table).
- I've audited university courses on game theory / decision theory on YouTube and have found these fully engaging.
- Even when in my personal and working life, when not dealing strictly with formal systems by which to make an analysis, I like to think about interactions and decisions on a strategic basis and how to achieve my best outcome, whether through gambits directly in my job (sales) when talking with potential clients or more formally making a decision about the risk of taking on certain business and going through a process of deciding whether I want to sign-off on accepting it.


It seems most sensible to me that I ought to study something along the lines of maths or economics if I want to study this formally and that management and political science might also good contenders considering how I might be most interested in going forward this this interest in the future (whether in consulting/finance or whatever else). I'm not sure where I might best be suited though.

Having read through course descriptions, it seems plausible that each of these courses of study might include some study of decision theory/science, microeconomics (and game theory), management theory, etc. I wonder how I might get the most of this kind of focus though.

Might I have some help? It's taken me a long time to realise that this is what I'd like to focus on and now I'm just trying to orient myself around the interests. I'm not sure if my interests here might be too narrowed and so more appropriate when considering graduate level courses though really I've no idea.

Any advice or feedback you have is really appreciated


From the sounds of things, an Economics and Management degree or an Economics and Maths degree may suit you. For the latter, you’ll need to be taking Further Maths to make a competitive application.

What year are you in? Also, what are (or what do you think will be) your predicted grades? Do you have strong GCSEs? If you give me a little more background info I can try and be more specific in my recommendations.
(edited 4 years ago)
Reply 2
Original post by Mona123456
From the sounds of things, an Economics and Management degree proves Economics and Maths degree may suit you. For the latter, you’ll need to be taking Further Maths to make a competitive application.

What year are you in? Also, what are (or what do you think will be) your predicted grades? Do you have strong GCSEs? If you give me a little more background info I can try and be more specific in my recommendations.

Hi Mona!

Thanks for dropping in. I appreciate it.

To give a little bit of background:
I'm 24 now. I have strong GCSEs and was taking A Levels in Maths, Further Maths, Chemistry and Physics before needing to drop out of sixth form to look after some family. After that, I joined the army, served for a couple of years before becoming injured and medically discharged (fully recovered now). I now work in the insurance industry in sales while also having some underwriting responsibility (making calls on whether other salespeople can take on business or not).

I've always been a comfortable mathematician. I was very confident when in school-- olympiads and Trinity Camp. I think that's why I ended up with the A Levels I went with, having ticked the 'good at science' and 'good at maths' boxes I was advised by tutors that it was probably the best-fit combo at the time. Nowadays, I'm still interested in mathematics for it's own sake and have more recently started getting back into the topics we'd studied in double award maths at a levels. Perhaps maths, FM and economics might be a suitable selection especially given I may end up having to sit exams independently.

If I were to take, say, 'maths and economics vs economics and management', is there is huge difference in what we might expect to encounter as an undergraduate? I imagine that more maths keeps more options open though that's just a guess.

Thanks again
Original post by Athematica
Hi Mona!

Thanks for dropping in. I appreciate it.

To give a little bit of background:
I'm 24 now. I have strong GCSEs and was taking A Levels in Maths, Further Maths, Chemistry and Physics before needing to drop out of sixth form to look after some family. After that, I joined the army, served for a couple of years before becoming injured and medically discharged (fully recovered now). I now work in the insurance industry in sales while also having some underwriting responsibility (making calls on whether other salespeople can take on business or not).

I've always been a comfortable mathematician. I was very confident when in school-- olympiads and Trinity Camp. I think that's why I ended up with the A Levels I went with, having ticked the 'good at science' and 'good at maths' boxes I was advised by tutors that it was probably the best-fit combo at the time. Nowadays, I'm still interested in mathematics for it's own sake and have more recently started getting back into the topics we'd studied in double award maths at a levels. Perhaps maths, FM and economics might be a suitable selection especially given I may end up having to sit exams independently.

If I were to take, say, 'maths and economics vs economics and management', is there is huge difference in what we might expect to encounter as an undergraduate? I imagine that more maths keeps more options open though that's just a guess.

Thanks again


Okay, so here are my thoughts. Do bear in mind I’m younger than you and have only applied for University last year and will start this year, so I’m not by any means an expert.

Maths and economics - these degrees can literally be half and half maths and economics. Much higher emphasis on econometrics and game theory style modules, with lots of pure maths (especially calculus and optimisation), and statistics. There’s likely to be less on economic history / politics / management and more maths assessments and problem sheets rather than essays.

Economics and management - I’m slightly biased as this is what I’ve applied for, but essentially it’s micro and macro economics (which you’d get with maths and economics too), but also introductions to general management theory (and things like interrelationships between organisations and their environment, strategy, marketing, organisational behaviour and analysis etc) and financial management. More of an equal balance between problem sheets / maths and essays.

The main difference is likely that, with maths and economics, you wouldn’t probably be able to study management theory and you’d mainly have say 75% maths 25% essays, as opposed to a 50/50 balance for economics and management.

I am biased, but I would say economics and management may be more interesting for you as there is still the option to take modules on game theory and mathematical economics. That being said, if you took/are retaking further maths and clearly have a strong aptitude and enjoyment, maths and economics would be an awesome choice too. It really depends on whether you want a bit more maths and slightly fewer essays, or an equal balance.

Both degrees would open many doors and I would say there isn’t much in it regarding job opportunities later and how they would be seen by employers (especially given you already have worked in a relevant position). It varies from employer to employer whether they’d prefer a stronger mathematician, or someone with knowledge of management and softer skills.

Ultimately, I would consider both - if you have specific Universities in mind, look into their courses and the optional modules. You may like to pick a more flexible degree with more optional modules as opposed to one with more core modules. I’d suggest Warwick, LSE, UCL, Durham, Oxbridge etc would all be worth considering perhaps. It’s worth noting that Oxford offers Economics and Management, whilst Cambridge offers a course more similar to maths and economics. Cambridge and LSE’s straight economics degrees are pretty mathematical and are like maths and economics degrees but still have a degree of the political/social parts of economics so maybe those too would be good compromises? Also worth checking out whether a Uni will make you do a dissertation if this is something you really don’t or do want to do.

Best of luck and if you have any other questions, feel free to let me know and I’ll do my best to help.
(edited 4 years ago)
I’m also just going to add, that straight economics degrees are worth considering too - arguably these are the most flexible as you can do maths-y modules and management/politics/history modules too, so this could work for you. A Uni I would especially recommend if you’re after flexibility and academic rigour is Warwick - their straight economics degree is amazing as they have a huge economics department so there are specialist modules in various types of mathematical economics and game theory, but also on strategy, finance etc. They even let you take modules from other departments, so you could take something from the Politics Department or Warwick Business School for example. I applied for a more niche course at Warwick - Economics and Industrial Organisation - and this may be something to consider too if you wouldn’t want to take the economic history module that’s mandatory for straight economics. Although, I would advise in your case to go for straight economics instead, as with Econ&IO the second year is entirely core modules meaning for second/third year you couldn’t do many/any maths modules (as third year maths modules would probably have second year pre-requisite ones). Econ&IO is more similar to economics and management, or economics and finance. But based on what you’ve said, I slightly feel that a more mathematical course (either straight economics or maths and economics) can probably cater to your interests better.

Other Unis I would recommend looking at are Nottingham, Bath and St Andrews.
Reply 5
Thank you for your advice. I've been doing some research over the last day or two and will continue to over the next week or so. I don't have to make a decision probably until the summer but I think this conversation has focussed my thoughts. Perhaps I'll continue to do some reading and see what piques my interest most

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