Economics graduates also commonly go into other finance careers such as:. Equally, economics graduates are valued in many sectors, not just those that are closely related to the economy.
The transferable skills you can gain from an economics degree are useful in most jobs. TARGETcareers has more information on careers that are open to graduates from all degree disciplines.
Some economics degrees are accredited by a professional body, which can be useful if you want a career in finance. If you go on to study for a professional qualification and have already covered some of the content in your university modules, you might be exempt from certain exams.
Depending on which aspects of economics interest you, there are a number of alternative degrees you could consider. The Degree Explorer helps you plan for your future! Match your interests to university subjects and explore each recommendation to find out what suits you.
Our regular newsletters will give you the advice you need when you need it most. Join our mailing list to receive monthly newsletters from our TARGETcareers and Inspiring Futures teams to help you support your school leavers in their career and university decision making. Home Uni Degree subject guides Should I study economics at university? Should I study economics at university? Save to save. Studying economics at university develops analytical thinking alongside a good understanding of current affairs and how society functions.
It prepares you well for a wide range of careers, not only those that are finance-related. Economics degree entry requirements The grades you need to study economics vary widely depending on the university. Alternatively some universities ask for UCAS points often BA or BSc economics? Economics degree modules Economics degrees begin with a broad introduction to the subject in your first year, and then allow you to specialise in the areas that interest you.
Best universities for business degrees in the UK. Best universities for business degrees in Canada. Best universities for business degrees in the United States. Most economics degrees last for three or four years and are primarily taught through lectures and seminars.
The content of an economics degree course is hugely dependent on whether a student opts for a BSc or a BA course. BSc economics courses use mathematics and statistical theory applied to economic theory and they are designed for students who want to take advantage of a background in mathematics to further their understanding of the world today.
On the other hand, BA economics students will not be required to use as much mathematics, as they use more qualitative methods. For joint honours degrees, a BSc economics degree is more likely to be combined with a science-based subject such as mathematics, while a BA economics course could be combined with various subjects including languages, politics and psychology. Often both courses will begin with the same fundamental economics syllabus, before diverging later on in the course as students specialise in a particular branch of economics.
Both are also based around empirical research and developing an understanding of economic theory, meaning that analysing issues and dealing with numbers are central to both courses. The short answer is maths. Although BA programmes require less mathematical ability, it remains a central discipline in economics courses and the more prestigious economics courses require high mathematics grades.
Economics is a real-world discipline so courses like history and politics may help a prospective economics student develop an understanding of the world, including the systems that govern it and the events that helped to shape it. Some schools and colleges offer economics and this would be an advisable choice for aspiring economics students, while physics and maths are among the typical school subjects studied by economics students.
It is worth considering which branches of economics are of interest or where you see your career taking you because this may make deciding what subjects to study easier. If working abroad is of interest then perhaps studying a language would be a good choice, or maybe management if that could help your future career prospects.
What can you do with a business and management degree? What can you do with an accounting degree? What can you do with a mathematics degree? What can you do with a physics degree? What can you do with a law degree? What can you do with a politics degree? The course will next investigate the main aspects of the banking industry, central banking and the conduct of monetary policy.
The course concludes by examining topics in international finance, such as exchange rate determination and the international financial system.
Basic economic theory is applied to issues involving the joint interaction of economic activity, the environment, and use of natural resources. The issues of ozone depletion, loss of bio-diversity, and greenhouse gas emissions and global warming will be considered. Designed for non-majors; Economics majors should take Econ The course examines an individual's choice of how much time and effort to allocate to work activities as well as issues that are of interest to employers who must identify, hire, and motivate workers.
After all, almost everyone in the class will either be an employee, an employer, or both, and can benefit from an understanding of how firms set up compensation schemes to motivate workers. In addition, we will cover such topics as what types of workers to hire, where and how workers obtain their skills, motivating workers through promotion tournaments, executive pay, teams, job search, bargaining, and benefits.
We will cover extensions of economic principles to labor markets, public policy questions, demand and supply, theory of wage differentials, unemployment, unions in the private sector, investment in individuals, education and training, mobility.
We will gain insight into a number of important policy issues such as race and gender discrimination, increasing wage inequality the spreading gap between high- and low-income workers , and unemployment. This course provides an introduction to the field of international economics.
The course divides roughly in half between topics from international trade and from international finance. Topics to be covered include: comparative advantage; the effects of tariffs and other forms of protectionism; U. This course focuses on economies which are less technically and institutionally developed and in which per capita incomes are low. The functioning of agriculture, industry, and international trade and finance will be outlined.
Alternative government policy options will be considered. The effects of roles played by government, population growth, income distribution, health care and education in the process of economic development will be discussed. The course will concentrate on the economic aspects of development. Nowadays, Countries of the Middle East and North Africa MENA , the area comprising the Arab States, Iran, Israel, and Turkey, face enormous economic challenges in the Twenty-First Century: Stagnant real wages, deteriorating competitiveness, and rapidly growing populations and labor forces, have left most countries in the region unable to afford soaring living standards to much of the society.
Yet the opportunities facing the region have never been greater: world trade is growing rapidly, capital flows to most of these countries have never been higher, and regional integration options are many as the result of the European Union's agreement for a free trade area in the Mediterranean. Why after years of negative per capita income growth, has the region been unable to accumulate sufficient reform momentum to sustain economic growth?
Do important differences across countries hold lessons for the future? What are the social consequences of economic stagnation, and how might future adjustment costs be managed to protect the poor? How have individual countries in the region defined the challenges ahead?
And what issues must be addressed to realize a more prosperous future? This course is designed to expose students to current views by academics and policy makers on past practices and future challenges facing the economies of the MENA region, as a set of developing countries that share a common heritage but also show countless differences.
The emphasis will be on developing an overall understanding of the origins and nature of various economic problems while at the same time providing a critical examination of existing and alternative development policy formulations in MENA. The course will focus on population growth and the impact of demographic changes on employment, poverty, and income distribution; agriculture; education; capital formation; labor migration; economic liberalization; the rise and fall of the oil-based regional economy; the economics of structural adjustment and reform; economic regional integration and the challenges of globalization; as well as gender issues.
This course has 3 interrelated goals: 1. Students will understand the range of career and advanced degree options for which their studies in Economics will make them eligible.
Students will learn how to conduct research in economics. The course will explain how to use the Economics literature and publicly available data sources.
Students will maximize progress within the major by setting broader goals and taking advantage of the many opportunities offered at the University. The course investigates the fundamental differences between capitalist and socialist systems in political, cultural and economic terms. After classes on the theoretical differences between capitalism and socialism, specific examples will be drawn from the countries of the former Soviet Union and eastern Europe which have either recently completed or are in various stages of transformation from communism and centrally planned economies to democracy and market capitalism.
The ramifications of such revolutionary transformations are multiple and profound. They include the development of a market economy and the impact of private ownership, new patterns of foreign trade, foreign investment and foreign policy, the construction of civil society and democracy, the expansion of NATO and the EU, altered cultural patterns, national identities and gender relations, etc. Course lectures and discussions will move from a comparison of the two systems, to the major recent historic determinants, to the impact of economic changes in the last two decades on peoples and countries of eastern Europe and the former Soviet Union.
A central concept of the course is that these post or transformations had firm roots in the 20th century histories of the countries. The course will cover the time period since the beginnings of socialist governments in the region in Russia, and in eastern Europe and conclude with the transformation process presently under way. Please note that the course is cross-listed with the History and Economics Departments.
The study abroad course focuses on the EU, national identities versus globalization, contemporary political and economic developments, and transatlantic relations.
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