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University of Galway

speciality: Economics

4.5

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. 

2 Student Reviews

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  • International Bachelor ...
    Economics and Business
    avatar
    Academic Journey

    Get set to embark on an outstanding academic journey at NUIG! With a challenging curriculum and esteemed faculty, you’re in for an unmatched educational experience. The vibrant campus provides the perfect backdrop for cultivating a dynamic intellectual community, enriched by the diverse perspectives of its student body.

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    Programme: International Bachelor Economics and Business
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Galway
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  • International Bachelor ...
    Economics and Business
    avatar
    Superb study atmosphere, great campus, very nice professors

    I was lucky to have picked Galway for my Bachelor of International Commerce with Spanish. It is a superb city for students with a really great, vibrant atmosphere.
    Very modern campus, great facilities and plenty of on-campus activities to choose from.
    The professors were always very nice and very approachable, despite of a big class size for some courses.
    I felt that what was taught me in NUI Galway “stuck” with me for years to come because of the practical examples that were used.
    I wish I could do it all again!

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    Programme: International Bachelor Economics and Business
    Degree: Bachelor's
    Graduation: 2003
    Campus: Galway
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