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University of Waterloo

speciality: Economics

3.5

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. 

2 Student Reviews

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  • Liberal Arts
    Caileigh
    University of Waterloo Liberal Arts Degree

    Hi there the University of Waterloo’s Liberal Arts degree program was challenging but interesting I had the option to take a wide variety of courses to maximize interest and learning potentials however I found psychology was challenging. Most of the professors were good some were really good and others were okay. I could not find a meaningful job after I graduated and am planning on going back to school i.e. college to get an employable job skillset. If I were to advise students on what program to choose, I would suggest choosing a program that can maximize your goal options, keep doorways open and hopefully land you a job after you graduate. Overall my university career was okay but it was not exceptional.

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    Programme: Liberal Arts
    Degree: Bachelor's
    Graduation: 2019
    Delivery Type: On Campus
    Campus: Ontario
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  • Accounting and ...
    Management
    avatar
    Outstanding University

    The AFM (Accounting and financial management) program is a very well developed program. It focuses on building core concepts in the area of accounting and finance. The incentive of this program is the Co-op. Based on our grades and our interview we are admitted to the co-op. The companies are top-notch in their industry. The overall experience is wonderful. The professors are qualified and helpful.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Ontario
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