If you are interested in the study of international and national news of financial sectors and business, economic degrees could be perfect for you. Economic is a people-focused and money oriented highly diverse subject. Economic degrees are available both as a Bachelor of Arts (BA) or a Bachelor of Science (BSc).
Course structure & entry requirements
Economics is the part of social science group and explores the full spectrum of financial decisions and situations. Economics view the resources distributed among organizations and individuals from production to consumption. Study areas of economics include psychology, sociology, geography, history, and law at global and local levels. Microeconomics and macroeconomics are two important parts of economics. Microeconomics study the interactions and behavior of households, individual agents, buyers, companies, and sellers. On the other hand, macroeconomics is the study of whole economics on the global or national scale. Macroeconomics also study the issues related to economic growth, inflation, fiscal, unemployment and monetary policy.
Economics degrees are the combination of seminars and lectures with submitted written assignments. Economics Degrees at BA or BSc level combines empirical investigation and economic theory with the statistical techniques and investigation questions of financial or business fields. The subjects involved in the specialization of economic degrees are modern languages, engineering, sociology, mathematics, law, management, computer science and history.
Specialization in Economics
There are many specializations in economics degrees depending on your interest.
Degree in economics majorly divided into two parts including many specializations available in each field.
Development economics: This specialization is the study of developing nations such as employment increment, promotion of economic growth and improvement of wealth distribution.
Organizational behavior: This specialization is the study of the behavior of the individual in an organization and workspace with the aim of contribution and development in decision-making and effective problem-solving.
Labor economics: In order to understand and develop solutions for the behavior labor markets such as skills supply shortage or unemployment involves analysis of both macro and micro level factors.
Science economics: This specialization is the study of technological and scientific sectors in economic interaction. In this course, you will become familiar with the approach of scientific research of different type of organizations including international, national and private and government institutions.
Urban economics: In this specialization, you’ll study the development of cities by applying policy-relevant issues and economic methodologies such as segregation, land-use, housing, education, crime, and sprawl.
Information Economics: Study of this specialization used in mutual agreement situations of two economic agents by designing incentives, prevailing market equilibrium, and embedding contracts.
Careers in Economic Degrees are varied and wide, as with most arts and humanities subjects. Following are the career options available in Economic Degrees:-
- Economic consultancy
- Financial analyst
- Human resource management
- Poverty reduction
- Retail Merchandising