Mathematics / Economics

Mathematics and economics is a combination that reflects how much modern economics depends on mathematical tools, and how much mathematics gains in interest and motivation when applied to the behaviour of real economies. Economics uses mathematical models to understand how people make decisions, how markets allocate resources, how prices are formed and how policies affect incomes, employment and growth. Mathematics provides the analytical infrastructure: calculus, linear algebra, optimisation, probability and statistics, all of which are indispensable for the serious study of economics at degree level and beyond.

At Aberystwyth University you will study for three years full-time, developing depth in both disciplines and the ability to apply technical mathematical methods to economic questions. You will gain a thorough grounding in microeconomic and macroeconomic theory alongside the pure and applied mathematics that underpins quantitative analysis, building the technical aptitude and analytical skills that are most valued by employers in finance, consulting and economic research. The combination teaches you to think rigorously about economic problems and to express that thinking in the precise language of mathematics.

Graduates in mathematics and economics work in banking, investment, actuarial science, financial analysis, economic consulting, data science, public policy and a wide range of roles in industry and the public sector where quantitative reasoning about resource allocation, risk and economic trends is central to the work. The combination is particularly valued by employers in financial services and management consulting, where the ability to build and analyse quantitative models is a core professional skill. Many graduates pursue postgraduate study in economics, finance, financial mathematics or statistics, and the dual quantitative foundation the degree provides is strong preparation for competitive postgraduate programmes.