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Faculty of Economics, University of Tirana - FEUT

speciality: Economics

3.3

What Is an Economics Degree?

Are you passionate about the business and finance sector? Do you follow the national and international news? Then, an Economics degree is the answer. It has always been one of the most sought-after degrees amongst youth. 

Economics degrees are designed to tackle all the issues that have an impact on financial situations, ranging from production to how resources are used. Candidates are trained to understand how the economy suffers fluctuations based on the market’s needs and wants followed by the market’s supply and demand.

By far one of the most crucial elements is that economics is divided into microeconomics and macroeconomic. Microeconomics deals with the economic behaviour at an individual level (companies, buyers, sellers and others), whilst macroeconomics illustrates the bigger picture, on a national or global scale (unemployment, economic growth, inflation and so on).

Benefits of an Economics Degree

Having an economics degree increases anyone’s chances to find a job, regardless of the field. This is mainly due to the fact that graduates hold many transferable abilities, such as analytical and problem-solving skills, that are suitable for any career. 

A study made by the London School of Economics and Political Science showed that graduates from an economics course have a starting salary of £33,000 per year. Having a job in the field right after graduation is a major positive aspect and comes with a lot of opportunities for career advancement.

Economics Degree Structure

Economics degrees are usually a three years commitment and sometimes are offered as part of a joint degree. This means that Economics can be studied along with another subject such as engineering, management, law, computer science and others.

This degree can be found either as a Bachelor of Science (BSc) or Bachelor of Arts (BA). The BSc focuses more on economical theory and statistical techniques, while BA is combined with social sciences and qualitative modules. 

4 Student Reviews

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  • Economics
    avatar
    A unique experience

    The Faculty of Economics, University of Tirana is one of the best faculties of economics in Albania. I enjoyed my time at this uni because of several reasons.
    First of all, the program of our university will help you develop as a future economist. It includes specific subjects in order for all students to understand the complex concepts of economics. Most professors are well prepared and friendly with students. Our uni offers the Erasmus program which gives you the opportunity to study abroad and experience the life of a foreign student for an entire semester.
    There are also some things that can be improved.
    Mostly of subjects are learned theoretically. It would be better if the students had the opportunity to improve their practical experience. The facilities aren’t good at all. There are a lot of problems with classes ,computers and laboratories. Classes aren’t in good condition, some of them are very small so you don’t have any place to sit in. Regarding the uni staff, secretaries are sometimes unfriendly and they don’t respond on time whenever students have problems.
    After all, I would recommend this university as a good choice for your future.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2019
    Campus: Tirana
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  • Cybernetics, Statistics ...
    and Economic Informatics
    avatar
    Good subjects and literature but bad system and not very proffesional professors

    Needs to improve the library, staff professionals and laboratory infrastructure. I have met here many passionate and very hardworking students which but i needed some more quality in the practice and improvement of lessons to be more effective for us. Of course, not all professors are bad, some of them are heroes.

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    Programme: Cybernetics, Statistics and Economic Informatics
    Degree: Master's
    Graduation: 2017
    Campus: Tirana
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  • Cybernetics, Statistics ...
    and Economic Informatics
    avatar
    Best choice in Albania, still much room for improvement

    The facilities, professors location and career prospects promise a lot but a lot of change has to be done to the curriculum to live up to the market expectations and the dynamic changes in modern society.

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    Programme: Cybernetics, Statistics and Economic Informatics
    Degree: Bachelor's
    Graduation: 2017
    Campus: Tirana
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  • Cybernetics, Statistics ...
    and Economic Informatics
    avatar
    GOOD!

    I have finished my Bachelor Studies in Business Informatics and it really is a field which can open many doors to an individual. Business Informatics is part of FEUT since 15 years ago, but it is still part of continuos changes. An advantage of attending this course is the possibility to learn with English literature, which can help you in case you are going to attend a master abroad. But on the other hand, lack of electronic equipments (there are labs, but most of the PCs do not work properly, or just do not work) makes this course hard for students to deal with. They just learn things in theory and they face problems in the labour market later on.__FEUT offers a new Master’s program in Information Security since 2015 and it is also part of a very dynamic environment. Too much theory and almost nothing to practice is also a problem of this program.

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    Programme: Cybernetics, Statistics and Economic Informatics
    Degree: Master's
    Campus: Tirana
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