Economics and Management

Economics and management together address the question of how resources are allocated and organised in a world that is constantly changing. Economics provides the analytical tools to understand markets, incentives, price signals and the macroeconomic forces that shape the global environment in which businesses operate. Management supplies the practical and strategic frameworks that organisations need to navigate that environment, from planning and decision-making to leadership, operations and organisational design.

At the University of Westminster, this three-year full-time degree recognises that understanding the interplay between economic conditions and business performance is increasingly what employers need from graduates.

You will develop a grounding in economic theory and its application to real business contexts, examining how markets work, how competition shapes firm behaviour, and how local and international factors affect organisational performance. The management component develops your knowledge of how organisations are run and how strategic decisions are made, covering areas including finance, marketing, human resources and operations. A placement year gives you direct professional experience in a business environment, and a year abroad adds an international dimension to your studies that is directly relevant to the increasingly global nature of the careers this degree leads to.

Graduates of economics and management programmes are attractive to employers across a wide range of sectors. Management consultancy, financial services, corporate strategy, marketing, operations and the public sector all recruit graduates with this combination of analytical and practical business knowledge. The economics component also provides a foundation for roles in economic analysis, research and policy.

Some graduates pursue professional qualifications in accountancy, finance or management, while others go on to postgraduate study in economics, business administration or a specialist management field. The placement year experience significantly strengthens your position in the graduate job market.