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Machakos University - MKSU
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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  • Economics and ...
    Finance
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    Practical experience

    Machakos University has gained recognition in Kenya for its commitment to academic excellence and student development. It’s known for a supportive learning environment, and while not as large as some of Kenya’s other universities, it has dedicated facilities and offers a range of undergraduate and postgraduate programs across disciplines like business, science, engineering, and education.

    What I Like
    Close-Knit Community: I appreciate the smaller campus size, which often allows for a sense of community and closer interactions with lecturers.
    Practical Learning Opportunities: Programs tend to focus on practical skills, especially in fields like engineering, environmental studies, and applied sciences.
    Student Support Services: The administration generally provides accessible academic support services, contributing to a positive student experience.
    What I Dislike
    Facilities and Resources: I feel the library, research facilities, and digital resources could be improved or expanded to better support coursework and research projects.
    Location and Amenities: Machakos University’s semi-rural location can be both a pro and a con; I missed the vibrant city life and found it challenging to find amenities off-campus.
    Administrative Processes: Sometimes there were delays and challenges with administrative tasks, such as course registration or fee processing.
    Recommendation
    Overall, Machakos University is a solid choice for students seeking a supportive, community-oriented learning experience, especially for those in applied sciences and engineering. If students prioritize strong campus life and top-tier facilities, they might consider larger institutions, but Machakos University provides a sound education with ample opportunities for growth.

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    Programme: Economics and Finance
    Degree: Bachelor's
    Graduation: 2018
    Delivery Type: On Campus
    Campus: Machakos
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  • Applied Economics
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    academics within the Institution

    The institution is more committed to giving students the best undergraduate and postgraduate experiences. It is the best university and I would recommend it to anyone who would like to take his/her under and post-graduate studies.

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    Programme: Applied Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Machakos
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