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Ruhr University of Bochum
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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  • International Political ...
    Economy
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    The Charm of Bochum

    The Ruhr University of Bochum (RUB) is often said to be one of the ugliest universities in Germany. I’ve studied there for two semesters already but I can tell you, that is the charm of Ruhr University Bochum. Yes, you will see one block-like-building next to the other but doesn’t this mass of grey represent a part of ‘Ruhrpott’ culture in Germany? Not to mention, the university also has green spots and even its own Chinese garden. So if appearance doesn’t matter much to you, and you value good education and nice professors, this university is suitable. It offers a wide range of programmes. My master’s degree for example gives me a lot of freedom in which courses I want to take, thus giving me the ability to go after my interests. One downside to the RUB, however, is that some professors need a long time to hand in grades. So sometimes you’ll have to write their secritary etc. Overall I had a good experience at RUB so far though.

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    Programme: International Political Economy
    Degree: Master's
    Graduation: 2026
    Delivery Type: On Campus
    Campus: Bochum
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