Unlike conventional management courses, at Essex you analyse the economics of a business or organisation and investigate how they operate and behave. You develop your abilities in economics and gain confidence in applying them to organisational management, as well as receiving expert training in quantitative research methods. You gain a thorough understanding of how businesses function and develop your analytical, modelling and research skills through studying topics including: Managing people and practices, Marketing, Monopoly power and regulation. Applying economic techniques to managing new technologies. The impact of business decisions on products, prices, and social welfare. We are 4th in UK for research power in economics and econometrics (Times Higher Education research power measure, Research Excellence Framework 2021). Management economics gives you a valuable grounding in economics, with a particular focus on how companies work. We provide you with a greater understanding of the how firms operate, teaching you how resources are allocated within a company, why a company is structured in a particular way, and how these structures affect the overall economy.