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University of Lagos - UNILAG

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. 

4 Student Reviews

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  • masters in ...
    business administration
    Alice
    Review of University of Lagos(UNILAG), Nigeria.N

    The University of Lagos, Nigeria (UNILAG) is ranked 1st in Nigeria and 401–500, out of over 1,799 institutions across the world.
    UNILAG is the University of first choice among Nigerian aspiring students.

    I love UNILAG because of its Lecturers who are world class in teaching and know their craft.
    UNILAG is situated in the Lagos, the center of commerce in Nigeria, hence opportunities abound to take advantage of.

    UNILAG is highly recommended to students who want to achieve excellence in their life pursuit

    View more
    Programme: masters in business administration
    Degree: Master's
    Graduation: 2024
    Delivery Type: Blended
    Campus: Lagos
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  • Economics
    Simisola
    School environment

    I personally think it’s the best federal school in the country
    It’s well equipped and the facilities are great that way letting students learn more
    And lecturers too are highly professional
    I totally recommend

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2026
    Delivery Type: On Campus
    Campus: Lagos
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  • Economics and ...
    Statistics
    Victor
    University of lagos

    University of lagos is a cool and nice place where students from all and sundry can come and get quality knowledge and education.
    The dislike aren’t much just a little renovation and quality facilities to help boast the learning skills of the students.
    The university offers quality and i did recommend it to any students.

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    Programme: Economics and Statistics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Online
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  • Economics
    avatar
    Lecturers

    The program was good. The learning environment was moderately conducive. Majority of the lecturers were young and agile. I don’t like the fact that some of the Lecturers make themselves unapproachable.

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    Programme: Economics
    Degree: Master's
    Graduation: 2015
    Delivery Type: On Campus
    Campus: Lagos
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