Economics and Management
Dr David Barron is the Fellow and Tutor in Management. His research interests lie in the ecological and evolutionary models of organisations, inter-organisational relations, quantitative research methods and corporate reputation.
Dr Péter Esö is the Fellow and Tutor in Economics. His research interests are in microeconomic theory, game theory, and applied microeconomics (auctions, contracts).
About the Course
Economics and Management is a Joint Degree course which provides undergraduates with an opportunity to combine the traditional subject areas of Economics with a range of Management disciplines from accounting and finance to marketing and operations management. The management element of the course benefits from the facilities available at the Saïd Business School, where courses include the undergraduate BA, a postgraduate DPhil, and specialist masters courses.
During the first year there are three compulsory subjects: Introductory Economics, Financial Management, and General Management. Introductory Economics covers the basic tools of economic analysis and their applications in microeconomics, macroeconomics and international trade. The General Management paper provides an overview of the historical context of modern business and of major functional areas of management studies such as organisational behaviour; strategic management; technology and operations management; and marketing. Financial Management encompasses, among other topics, financial accounting; sources of finance; firm valuation; and corporate governance.
The first year lays the foundations for more advanced work to be done in the second and third year. There is a Preliminary Examination at the end of the first year. In the second and third years you take three compulsory Economics papers (Microeconomics, Macroeconomics, and Quantitative Economics) and five optional papers, of which at least two are in Management. This allows you to choose anywhere from six subjects in Economics and two in Management to three subjects in Economics and five in Management. The course thus caters for those seeking to specialise in Management, or in Economics, or to mix the two.
Economics Options (availability may vary):
British Economic History since 1870; Command and Transitional Economics; Comparative Demographic Systems; Econometrics; Economic Decisions within the Firm; Economics of Developing Countries; Economics of Industry; Economics of OECD Countries; Game Theory; International Economics; Labour Economics and Industrial Relations; Mathematical Methods; Microeconomic Theory; Money and Banking; Philosophy and Economics of the Environment; Public Economics.
Accounting; Organizational Behaviour; Finance; Marketing; Strategic Management; Employment Relations; Technology and Operations Management.
It is possible to offer a short thesis based on independent research in place of one of the above options.
You do not need to have studied economics or business before applying for this course. However, you will need to have studied mathematics to A2 level or equivalent in order to be admitted to read Economics and Management. In a total College entry of about 100 undergraduates, 4 are offered places in a typical year to read Economics and Management. Offers made to pre-A level candidates will be A*AA at A2 level, or equivalent (the A* may be in any subject).
Candidates will be required to sit the ‘Thinking Skills Assessment’ on 6 November 2013. The same test is taken by candidates applying for PPE. Candidates will need to register by 15 October 2013 to take the test, either at their own school or at an examination centre. The test is administered by the Admissions Testing Service: for further information about the test and how to register please see www.tsaoxford.org.uk. Candidates are not required to submit written work as part of the admissions process.
Deferred Entry: Applications for deferred entry to Jesus College are welcomed. You must apply for deferred entry at the time of application to Oxford; you cannot change your mind after an offer has been made. Please refer to departmental web sites for subject-specific advice. You should be aware that applicants who are offered places for deferred entry will generally be among the strongest of the cohort for their subject. We would not usually offer more than one or two deferred places per subject in order not to disadvantage the following year's candidates. In some cases, an applicant for deferred entry may be offered a place for non-deferred entry instead. If you require any further advice, please contact the Admissions Officer.
Postgraduate Studies and Careers
The Department of Economics has around 200 graduate students. As a research-based community, the Department puts great weight on developing its graduate students. The following degrees are offered at postgraduate level:
- MLitt or DPhil Economics
- MPhil Economics
- MSc Economics for Development (joint with Development Studies)
- MSc in Financial Economics (joint with Saïd Business School)
The Saïd Business School (SBS) has rapidly established itself as a major international centre of management education and research. Courses available include:
- MBA [full-time 12 months]
- Executive MBA (EMBA) [part-time 9 months]
- Master's in Financial Economics [full-time 9 months]
- MLitt and DPhil research degrees in Management Studies
The undergraduate course has been the top-rated business programme in the UK for the past six years in The Guardian and in eight of the last nine years in The Times. It is appropriate for those seeking careers in Management, or for those planning to do graduate work in either Economics or Management Studies. Graduates in Economics and Management are amongst the most sought-after in the University. The breadth of the course and the range of skills which it provides have proved attractive to employers in a wide variety of industries. These employers include both leading international organisations in 'traditional activities' as well as new start-up companies in a variety of high-tech fields.
Preliminary Reading and Further Information
Last updated May 2013