imed at those with a genuine interest in the application of economics to real-world situations, this course aims to provide students with an in-depth knowledge of the latest theories, practices and key concepts in economics that underpin public sector policy and business decision making. This includes the various scenarios where we explore opportunity cost, equilibrium and disequilibrium, strategic interaction, market failure and the related concept of externalities.

The focus is very much on developing the practical skills needed by a working economist – the ability to apply economic techniques to complex, multi-faceted business problems and provide specialist advice. Students will gain hands-on experience of the industry-standard computing and econometrics software used to analyse and manipulate data.