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University of Cyprus - UCY

speciality: Economics

4.0

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. 

1 Student Reviews

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  • Economics
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    UCY Experience

    My experience at the University of Cyprus has been truly fulfilling. I hold a highly positive opinion about this prestigious institution. The university provided me with a well-rounded education, combining my major in Economics with a minor in Psychology. This allowed me to develop a diverse skill set and a holistic understanding of the interconnectedness between these fields.

    What I particularly liked about the University of Cyprus was its strong academic reputation and the high standards upheld by the faculty. The rigorous curriculum challenged me intellectually and nurtured my analytical thinking and problem-solving abilities. Additionally, the university offered excellent resources, including access to research opportunities and cutting-edge software such as IBM SPSS Statistics and Stata, which enhanced my learning experience.

    As for potential dislikes, I did not come across any significant drawbacks during my time at the University of Cyprus. It’s important to note that individual experiences may vary, and what may have worked well for me might be different for others.

    Considering my overall experience, I would highly recommend the University of Cyprus to prospective students. Its distinguished faculty, robust academic environment, and the comprehensive education it provides make it an ideal choice for those seeking a quality education in economics and related fields.

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