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The University of Auckland
speciality: Economics

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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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  • Economics
    avatar
    Pretty Abysmal

    I studied economics here. It is an absolute joke, they repeat the same small amount of concepts every year just expanding on them minutely. It’s like in the first year you learn a something but then 50% of year 2 is spent repeating what was in year 1, and then 50% of year 3 is spent repeating what was in year 2, so you get two years’ worth of education for the price of three. To make their exams feel challenging they pose questions that are not in the course work.

    I left here feeling like were more gaps in my knowledge of the economy than there was understanding.

    To the faculty of the economics department:

    – Stop repeating things from year to year. Ensure that there is no overlap between papers.

    – When you first cover something, reach the end of it in that paper. Don’t get 75% of the way in and then start again from 0% the next year.

    – List out everything that is important to understand in economics and arrange it pedagogically and ensure that it is covered. Don’t worry about “progressing too fast” or “covering too much” because trust me, you’re not.

    – Make your exams from the content covered in the courses, don’t do the retarded thing of having to reach outside of what was taught to “pose a challenge”. We pay for you to teach us things, we don’t pay you to make us feel like you didn’t.

    – Engage with your students and provide them individual feedback and allow them the opportunity for two-way discourse. I often felt like it was difficult and out of the ordinary for me to want to discuss things with the professor. And if I did, I felt like I was being a problem and was trying to be rushed out the door.

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