Degree in economics is perfect for those students who have a keen interest in national or international news or finance and business sector. Economics is a people focused subject and consider all topics related to money.
Course structure & entry requirements
Economics is the branch of social science group discover the wide range of issues that impact financial decisions and situations. Economics looks the optimum utilization and distribution of world’s resources among organizations and individuals. Topics include in this specialization are psychology, politics, geography, sociology, history, and law at local and global levels. Economics is divided into two major parts: Microeconomics (study the interaction and behavior of individual agents) and Macroeconomics (study the economy as a whole). Assessments and teaching methods include in this specialization are written assignments, project reports, coursework assignments, examinations, seminars, and lectures. Most of the economic degrees are offered in the form of BSc and BA. Some universities or institutions prefer students with good grades and a strong background in psychology, sociology and other related fields in social sciences.
Specialization Economics Degree
There are many specializations in economics degrees depending on your interest. Degree in economics majorly divided into many specializations available in each field.
Development economics: The study of this specialization used in increasing employment, improving wealth distribution, promoting economic growth and understanding inequalities.
Organizational behavior: The study of this specialization is about the behaviour of organization and workplaces in order to contribute to the development of principles of decision making, effective communication and problem-solving.
Labor economics: This specialization analyzes behavior of both micro and macroeconomic factors such as skills supply shortage or high unemployment. Core factors include minimum wages, demand and supply of goods and services, employment rates, work efficiency, and
Science economics: This specialization is the study of technological and scientific sectors of the economy including national and international institutions, government and private sectors.
Urban economics: In this specialization, you’ll study about cities and their development. This included policy-relevant issues such as education, land-use, segregation, sprawl, housing, and crime.
Information economics: This is the study of mutual agreement situations between two economic agents in which one agent has relevant information about characteristic than the other.
Other specialization in economics you may choose to specialize are Education economics, Growth economics, Experimental economics, Regulation economics, Economics of tax policy and Game Theory.
Careers in Economics Degrees are varied and wide, as with most arts and humanities subjects. Following are the career options available in Economics Degrees:-
- Economic consultancy
- Financial analyst