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University of Calabar - UNICAL
speciality: Economics

4.3

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. 

3 Student Reviews

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  • Economics
    avatar
    my opinion on University of Calabar

    University of Calabar is an amazing institution for anyone aspiring for a higher education. The institution has series of competitive courses tailored to meet current societal needs. The lecturers are well qualified in their respective disciplines and the academic process is also student friendly. choosing University of Calabar as your preferred institution for higher learning comes with a lot of benefits. This benefits include but not limited to (1) serene learning environment (2) state of the art infrastructures (3) Graduate employability (4)international outlook (4) teaching quality

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    Programme: Economics
    Degree: Master's
    Graduation: 2025
    Delivery Type: Online
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  • Economics
    Anita
    Great Experience, Connections

    I enjoyed meeting diverse people, learning, and exploring Calabar’s culture. Though admin processes were slow at times, it was a great experience. I’d recommend it for its connections, fun, and opportunities.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Calabar
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  • Economics
    avatar
    Ny experience so far

    The course I’m studying is really encouraging me and pushing me to go beyond my limits…but it’s also really stressful and there are facilities that we lack for practice. When I first enrolled, I was really excited to study this course in unical which is my dream school, so far I have met a lot of very special people, both students and lecturers who have very unique characters. My lecturers are really good and experienced in their course, they know how to make the students understand, accolades to them. But the problem is still the facilities we lack.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: Blended
    Campus: Calabar
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