University of Oxford: Guide & Discussion Forum
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What is Economics and Management?
- Studying Economics and Management is a unique opportunity to combine two complementary disciplines.
- Economics is the study of how consumers, firms and governments make decisions that together determine how resources are allocated. An appreciation of economics and the general workings of the economy has become increasingly necessary to make sense of government policy-making, the conduct of businesses and the enormous changes in economic systems which are occurring throughout the world.
- Management is concerned with the effective use and coordination of materials and labour within organisations in the pursuit of the organisation’s defined objectives. It considers the interrelationship and interactions between distinct parts of an organisation, and between the organisation and its environment. Management students look at theories, models and frameworks in order to understand how managers behave and consider their role in the process of decision-making.
Why Economics and Management at Oxford?
One of the best-regarded degree courses, known for being competitive to enter, and offering a well-rounded education of both economic theory, and management science more relevant to business life. Develops many key skills that employers are looking for.
So is Oxford right for me?
Do I have the requirements for Economics and Management?
Like all Oxford courses, you will need good GCSE grades and a strong performance in your AS modules. The standard offer is A*AA generally including an A in maths. Further maths is beneficial, but certainly not essential. You do not need to have studied Economics at A-level (although if it was an available option for you, it would be difficult to explain why you hadn't chosen it at 16, but now want to read economics at degree-level for 3 years).
2. The Economics and Management Course
NOTE: Course under extensive review
First Year Course
Three courses are taken:
Introduction to management
2nd and 3rd year
Compulsory core courses:
Optional courses of which at least two must be in Management Choose from over 20 options papers including:
Economics of industry
The interviews vary, but are generally subject-focused with little or no discussion of extra-curricular activities. Economic and managerial issues are debated; no specific knowledge is needed, you just need to listen and reason well, and articulate your thoughts clearly.