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University of Toronto - UofT
speciality: Economics

4.1

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. 

16 Student Reviews

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  • Economics and ...
    Finance
    Kashvi
    An excellent community with world-class facilities

    University of Toronto, consists of a diverse community of students, with a multitude of ideas, I have become more open-minded and curious. This excellent community has added a lot to my personal growth.

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    Programme: Economics and Finance
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Toronto
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  • Economics
    Hamza
    Best Years Of My Life

    I did my undergrad in UOF, the experience is simply the most memorable one in my entire life.Throughout the 3 years i remained in close contact with the professors and learnt a-lot from them. All of the modules we’re were taught in a very descriptive manner which only propelled me to indulge myself into them even more than i first anticipated.My course was everything that i wished for and more. The diversity of students was another factor i really enjoyed my time there. The class environment was a huge factor to me being able to form lifelong friendships and a huge circle for networking in the future. Any student who is perhaps deciding to go to UOT I’d vouch for the university first hand and would encourage to take the step and definitely give it a shot.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: Blended
    Campus: Toronto
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  • Economics
    avatar
    Fantastic place!

    the fondest of memories come into my head when I think of UofT! I’ve met my very first friends here, amazing colleagues, professors, I am happy that I ended up in this place. Many people say that it’s difficult, that social life is sub-par, all I can say is, usually the place isn’t the problem, the person is. I have never felt more alive and more excited to wake up every day to come here! Classes are very well-built, profs are caring and accommodating, extracurriculars are diverse and fantastic, what’s there not to love?

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Toronto
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  • Economics
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    A Strong Foundation with Room for Growth

    The Economics and Math program has exceeded my expectations in many ways. The courses are well-structured, blending theoretical knowledge with practical applications, which is particularly valuable. Professors are approachable and dedicated to helping students succeed. One of the standout features is the focus on quantitative skills, which are essential for data analysis, finance, and beyond careers.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2026
    Delivery Type: On Campus
    Campus: Toronto
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  • Economics
    avatar
    Excellent university that challenges and rewards

    As a student in the University of Toronto’s economics program, I can say that my experience has been both challenging and rewarding. The program offers a rigorous curriculum that emphasizes both theoretical and practical applications of economic principles.

    One of the strengths of the program is its faculty. The professors are experts in their fields and are passionate about teaching. They are always available to answer questions and provide guidance, which has been especially helpful for me when tackling complex concepts. Additionally, the program offers a variety of courses that cover different areas of economics, allowing students to tailor their education to their interests.

    Another benefit of the program is the opportunities for research and extracurricular activities. There are many research labs and student organizations that provide students with the chance to apply their knowledge to real-world problems and gain valuable experience. These opportunities have helped me develop my analytical and critical thinking skills, which I believe will be useful in my future career.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Toronto
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  • Economics
    avatar
    U of T 101: Coffee, Deadlines, and Growth

    Studying at the University of Toronto is demanding, and that challenge has been a powerful catalyst for my growth. The curriculum is well designed and academically rigorous, which pushed me to raise my standards and build consistent study habits.

    The university provides comprehensive support that made me feel genuinely cared for. Career services, co‑curricular opportunities, student life programming, and mental health resources are readily accessible and professional. Facilities are modern and reliable, with comfortable classrooms and a campus environment that includes ample athletic spaces. Most importantly, the university values diversity and fosters an inclusive, multicultural community where it is natural to learn from different perspectives.

    Academically, U of T allows students to combine interests and tailor a path that fits their goals. I chose Visual Culture and Communication, Art and Art History, and Economics, and the flexibility to integrate these areas helped me develop both creative and analytical strengths.

    In Visual Culture and Communication, I studied visual culture theories alongside digital communication practices, which trained me to craft messages that are culturally sensitive and visually coherent. In Art and Art History, I learned to analyze artworks through form, material, meaning, and historical context, sharpening my visual literacy and critical writing. Economics added a strong analytical foundation, from data‑driven thinking to evaluating trade‑offs and trends, which complements my creative work with evidence and structure.

    Overall, U of T has given me a solid academic base, real opportunities to apply knowledge, and the confidence to keep learning. The combination of rigorous study, rich resources, and an inclusive environment has prepared me to contribute thoughtfully and creatively in marketing and communications.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: Blended
    Campus: Mississauga
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  • Economics and ...
    Finance
    avatar
    Stay Focused

    The campus is absolutely stunning, the facilities are extremely high-end and most of the professors and TA’s are truly there to teach and help students. There are many opportunities outside of the lecture room like clubs and associations but nothing is handed to you, so you have to stay focused take advantage of the opportunities and time management is really important

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    Programme: Economics and Finance
    Degree: Bachelor's
    Campus: Toronto
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  • Economics and ...
    Finance
    avatar
    A university that can improve

    I love the university is comfortable and maybe one of the best in Canada and also the teachers are good people and they teach so good, the programme that they have is big and one of the best in North America.

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    Programme: Economics and Finance
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Toronto
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  • Economics
    avatar
    About UofT

    University of Toronto is the largest university in Canada hosting over 61000 students. The university provides over 300 programs in various fields ranging from medical studies to business studies. University of Toronto is located in the heart of Toronto meaning there are many job opportunities as well as high quality student life experiences.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2026
    Delivery Type: On Campus
    Campus: Toronto
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  • Economics
    avatar
    Rigorous and in-depth

    University of Toronto is a world-class university, naturally it would not be an easy one to complete. One of the things I enjoyed about this university is the rigorousness of the program I’ve attended (economics major, cs

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Toronto
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