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University of the West Indies - UWI, Mona

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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  • Accounting and ...
    Management
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    Would do it all over again

    I studied for a BSc. Accounting at the UWI, Mona and it was a great experience. The academic studies were sufficiently challenging and led to a myriad of professional opportunities in my field. The programme director at the time was passionate about holistic development and ensured core courses provided real world direction and experience which gave us the opportunity to enter the workforce and open businesses ahead of the typical learning curve associated with being a young professional.
    The University itself provided a unmatched social experience with its many a diverse clubs, societies, groups, activities and events. Some of these activities allowed me to join internationally acclaimed groups, representing Jamaica on the global scale as a musician, and has provided others with similar opportunities in their respective crafts and arts.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2019
    Delivery Type: On Campus
    Campus: Online
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  • Economics
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    Institutional Performance

    The University of the West Indies (UWI) is a reputable institution known for its academic excellence and contributions to the Caribbean region. It offers a wide range of programs and has campuses across several Caribbean countries. Students appreciate the diverse and vibrant community at UWI, which fosters cultural exchange and networking opportunities. The university also prioritizes research and community engagement.

    However, like any institution, UWI has its shortcomings. Some students have mentioned challenges with administrative processes, such as registration and student services. Additionally, some facilities and resources may be limited compared to universities in more developed countries.

    Overall, I would recommend UWI to students seeking a quality education with a focus on Caribbean studies and a supportive community. It’s important to consider personal preferences, academic goals, and available resources when making a decision.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Online
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  • Economics
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    About The University of the West Indies, Mona

    The University of the West Indies, Mona know to many as UWI, is a well rounded institution and is home to many Caribbean and non Caribbean nationals is a well rounded institution that offers a variety of courses in different fields to both Caribbean and non Caribbean nationals across the world. Our campus consists of diverse groups coming from all over the world. The campus allows both Caribbean and non Caribbean nationals to be able to partake in different types of cultural experiences, clubs, societies and programs’. As I approach the end of my time UWI I have grown to appreciate the school and all it has to offer. It has its cons however in my opinion the pro out weigh the cons.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Online
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