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Wilfrid Laurier University
speciality: Economics

4.3

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. 

3 Student Reviews

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  • Economics
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    Motivating and Driven

    Wilfrid Laurier University is a good university with support systems all around. It is easy to excel in this program when the effort is put in and struggles are met. A piece of feedback I would give would be for the professors to have a greater understanding of some of their students background.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2026
    Delivery Type: On Campus
    Campus: Waterloo
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  • Economics and ...
    Finance
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    Tedious Program but great knowledge, okay school

    WLU was a great university for my degree cause of its COOP advantage ( even though it’s a little competitive to get in). I studied economics and finance, on average the workload is a bit tedious but if you put in the work and plan yourself properly it’ll go better than you expect. It’s very math intensive so make sure you have a good idea of calculus if you want to apply for this job. The only reason for giving the school only 4 stars is just because there is some preference towards the business program which can be a little annoying when our program is more intensive compared to theirs. Overall not a bad study experience you’d meet good people, the campus life is pretty involving and the location makes it easier to find different things around to do. Obviously, some times are difficult but that’s just university so if you put your head down and learn some serious amount of time management and planning you’d get around pretty well.

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    Programme: Economics and Finance
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Waterloo
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  • Economics and ...
    Business Economics
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    Program Rating

    I personally love Laurier. Everyone is so kind, and your peers are all so helpful. Even though the campus is small, that is the best part! Everyone is like a close-knit family! One thing I would like to change is the food court hours. It would be nice if they were open longer.

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    Programme: Economics and Business Economics
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Waterloo
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