Business Economics

Why study BSc Business Economics at Aberystwyth University?

At Aberystwyth Business School we focus on the practical application of economic ideas, knowledge and methods within the context of professional decision-making situations. You will learn to apply economic knowledge to issues in a number of disciplines related to business policy. The course also promotes the use of business statistics, econometrics and data visualisation, as opposed to a purely mathematical treatment of theoretical concepts and proofs.

You will develop a coherent understanding of economics as an analytical assessment tool and develop the professional skills to apply both microeconomics and macroeconomics in professional environments and macro and micro environment contexts.

Opportunities for Business Economics students at Aberystwyth include:

• being taught by active researchers, ensuring that you are exposed to the latest theories and knowledge in the subject area
• gaining real world industry perspectives through guest lectures by industry professionals
• enhancing your career opportunities through our partnerships with business, industry and commerce
• participating in business competitions.

Our Staff

Students at the Aberystwyth Business School are taught by lecturers and other teaching staff who are active researchers and expert practitioners in their chosen subject area.

Over 75% of full time members of teaching staff are qualified to PhD level. Most are currently research active, meaning that students benefit from being taught ‘new’ knowledge in their chosen field of study as well as recognized literature. The School also employs part-time and full time staff devoted purely to teaching. Many part-time staff combine teaching duties with consultancy and business activities, ensuring that students have access not only to up to date research but the latest applied knowledge.

The BSc Business Economics degree provides opportunities in areas such as policy analysis or government administration in the public sector, banking and finance sector or within the private sector. Other career paths include non-government organisations (NGOs) and voluntary organisations. Our graduates have gone to work in the Government Economic Services, HM Treasury, British Council, FDM Group, Nexus Financial Consulting, and Kiva. Many have also pursued research and further studies in higher education.

What skills will I obtain from this degree? 

Studying our degree in Business Economics will equip you with the following skills:

• Understanding of organisational behaviour and structure
• Improved numeracy skills and the ability to research, interpret and use business and financial data
• Deep understanding of the causes and effects of economic and other external changes
• The ability to communicate clearly in a written and spoken form;
• Effective problem solving
• Analytical and creative thinking skills
• Decision-making
• The ability to work independently and as part of a team
• Time-Management and organisational skills
• Self-motivation and self-reliance.

Business Economics and the study thereof, provides a student not only with an in-depth understanding of both micro and macroeconomic principles, but combines other essential core elements relevant to the understanding of both modern, postmodern, and current international global economic issues. Through the use of additional elements of the social sciences framework, which include psychological, sociological, and ethical teachings, a student will gain a firm, and coherent understanding of both the socioeconomic, and economic issues affecting modern economic institutions, as well as the ability to apply both theoretical and logical solutions to the issues faced by ever increasingly globally connected economies. Paul Michael Simpson