The world of enterprise is constantly adapting and evolving. The impacts and changes in the business environment in terms of economic events, changes in accounting practices, changes in the regulatory and legal environment, marketing decisions, and the development of business strategies can be the difference between success and failure for a company.
Within the Aberystwyth Business School, Economics studies the human choice and impact of choice on the production, distribution, and consumption of resources. Microeconomics deals with a choice at the individual level whereas macroeconomics analyses the economy as a whole. At Aberystwyth University, the combination of Economics / Business and Management will focus on the practical application of economic ideas, knowledge, and methods within the context of professional decision-making situations. In addition, students will also develop knowledge of essential elements which include human resource, management, organisational behaviour, business strategy, business, and management.