

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).
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 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.
I attended United Methodist University from 2003–2007, right in the middle of Liberia’s post-conflict reconstruction. Honestly, when I enrolled, I was not sure what to expect – the country was still healing, electricity was scarce, and many campuses were just reopening. Almost 20 years later, I can say without any hesitation that UMU was one of the best decisions of my life.
What I loved most – and still talk about today:
Exceptional professors who truly cared. Dr. C. Benjamin Temple (Development Economics) made us analyze Liberia’s own recovery data instead of just quoting textbooks – those assignments are the reason I later excelled in graduate school abroad. F. Julius Ceasar’s Survey of the Liberian Economy course felt like a master-class in understanding our country’s real challenges. Edwin Kennedy Tetteh taught Macroeconomic Theory with such clarity that even the most difficult IS-LM and Mundell-Fleming models became second nature. Geegbe A. Geegbe (Money and Banking) and Tom Chea (Econometrics) pushed us to use whatever computers were available at the time and taught us how to work with limited data – a skill that has served me every single day in my career.
Small class sizes (often 15–25 students) meant professors knew every student by name and were available after class or even on weekends for extra help.
The Methodist values of integrity, service, and discipline were woven into everything – chapel services, leadership seminars, and even the way professors graded. It built character alongside academic knowledge.
The Economics curriculum was surprisingly strong for a young university in a post-war setting. By the time I graduated Magna Cum Laude, I felt completely prepared for the real world.
What was challenging (being completely honest):
In 2003–2007 the physical facilities were modest: the library collection was small, internet was almost non-existent, and we sometimes studied by lantern light when NEPA failed.
The computer lab had only a handful of machines, so we had to take turns for SPSS and EViews assignments. (Note: I have visited campus recently and can confirm that today’s students enjoy a modern library, 24-hour internet, new buildings, and air-conditioned classrooms – the growth I am very proud to see.)
There were few student organizations compared to larger universities. Most of our “campus life” was academic or church-related.
Would I recommend UMU today? Absolutely – 100%. If you want an education that combines solid academics with moral formation, professors who will mentor you like family, and a degree that is respected across Liberia and internationally, United Methodist University is an excellent choice. My classmates from the Class of 2007 are now working at the Central Bank, Ministry of Finance, international NGOs, and private corporations – proof that UMU delivers results.
To current and prospective students: the university has come a very long way since my time. What has not changed is the heart of UMU – dedicated faculty, strong values, and a genuine desire to see every student succeed.
Proud alumnus,
Jears R. S. Toliver B.Sc. Economics, Magna Cum Laude – Class of 2007