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Kwame Nkrumah University of Science and Technology - KNUST

speciality: Economics

4.6

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. 

5 Student Reviews

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  • Economics
    Thomas
    Knust Experience

    My first day at KNUST was a fufilling one. Way back in senior high school, I always had that dream of joining KNUST. I worked hard towards it and I gained admission. Fast forward, I found myself in the university environment. It was an awesome experience during my stay on campus. Academic work , extra cuticular activities and the friends I made were all dear to me. I had the opportunity of interacting with people from diverse backgrounds and cultures.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Kumasi
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  • Economics
    Alfred
    Extra curricula programs to shape your career

    I enrolled as an economics student some years ago but I started socializing and going for programs or events that helped me shape my career as an economics student. I learned how to use social media to create demand for a product and sell your products. I was able to apply what I learned and has greatly improved my life after graduating.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2020
    Delivery Type: On Campus
    Campus: Kumasi
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  • Industrial Economics
    avatar
    Networking

    During my postgraduate studies in KNUST,I encountered colleague students and faculty members that have influenced my life in many ways. We were encouraged to build connections that will help us gain relevance outside of the classroom and help us actively influence our societies.
    The programme was centered on practicality rather than theory and this help change my worldview and made me more resultresults-oriented.
    I think anyone looking to pursue a postgraduate degree that seeks to push building relationships and developing relevant skills should look to enroll in KNUST

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    Programme: Industrial Economics
    Degree: Master's
    Graduation: 2020
    Delivery Type: On Campus
    Campus: Kumasi
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  • Finance
    avatar
    Business Analysis

    Everything is perfect. Looking forward to connect to a lot, impact and learn as well. I am yet to experience the programme though but I believe is going to be the best experience in my education and career.

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    Programme: Finance
    Degree: Master's
    Graduation: 2022
    Delivery Type: Online
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  • Economics
    avatar
    University rating

    Kwame Nkrumah University of Science and Technology is one of the oldest universities in the country which is located in Kumasi and has various courses students can choose from plus provides extra activities students can participate to build their confidence. But hostel facilities are expensive

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2016
    Campus: Kumasi
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