Lahore University of Management Sciences | Latest Reviews | Student Reviews & University Rankings EDUopinions

Lahore University of Management Sciences - LUMS
speciality: Economics

4.6

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. 

7 Student Reviews

Sorry, no matches found. Try with another keyword
  • Economics
    avatar
    Good well rounded environment

    LUMS offers a highly competitive study environment that challenges us to think critically and beyond our limits. The high quality learning equipment, library and science labs make the experience enjoyable and worth it. The campus also overs a wide array of extracurricular activities and sports facilities.

    View more
    Programme: Economics
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: Blended
    Campus: Lahore
    Overall
    Professors
    Internationality
    Career Prospects
    Value
    Location
    Student Life
    Facilities
    Accommodation
  • Economics
    avatar
    Competitive fast paced educational environment

    The educational environment is very competitive as the best from around the country come here to study. The program along with high quality educational facilities, laboratories and well trained educational staff also offers a range of extra curricular activities and sports.

    View more
    Programme: Economics
    Degree: Bachelor's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Lahore
    Overall
    Professors
    Internationality
    Career Prospects
    Value
    Location
    Student Life
    Facilities
    Accommodation
  • Economics
    avatar
    Best so far

    LUMS gives you the best experience and makes you confident, academically strong. It also enhances your qualities and abilities and makes you believe in yourself.
    Its environment and location are good and it is known worldwide.
    Overall my experience was really good. I have also recommended it to my friends and family.

    View more
    Programme: Economics
    Degree: Bachelor's
    Graduation: 2019
    Campus: Lahore
    Overall
    Professors
    Internationality
    Career Prospects
    Value
    Location
    Student Life
    Facilities
    Accommodation
  • Economics
    avatar
    Promotes Academic Diversity

    I would recommend it as it has a good social science and humanities school. This is amongst the very few in Pakistan. Furthermore, it allows you to engage with students from a variety of backgrounds.

    View more
    Programme: Economics
    Degree: Bachelor's
    Graduation: 2018
    Campus: Lahore
    Overall
    Professors
    Internationality
    Career Prospects
    Value
    Location
    Student Life
    Facilities
    Accommodation
  • Economics and ...
    Politics
    Habib
    Diversity and educational exposure

    Lahore University of Management Sciences is best educational institute in Pakistan not only in terms of academic results but enlightening about the vast horizons of career exposure in Pakistan. Being a third world country, there are only few careers that the mainstream care about. LUMS has made an image of introducing social sciences and subjects like anthropology, sociology etc to a new level where the candidate does not feel insecure for his future career and displays his full enthusiasm in conquering the subject holistically.

    View more
    Programme: Economics and Politics
    Degree: Bachelor's
    Graduation: 2021
    Campus: Lahore
    Overall
    Professors
    Internationality
    Career Prospects
    Value
    Location
    Student Life
    Facilities
    Accommodation
  • Economics and ...
    Politics
    avatar
    The realest university experience in Pakistan

    LUMS, for me, is a pretty amazing institute because of all that it offers keeping in mind its surroundings. The freedom, independence, diversity as well as the quality education is something worth mentioning. There’s loads of extracurriculars as well and you’re in touch with the world as well. The foods great and the on campus accommodation could be improved but its not a deal breaker.

    View more
    Programme: Economics and Politics
    Degree: Bachelor's
    Graduation: 2020
    Campus: Lahore
    Overall
    Professors
    Internationality
    Career Prospects
    Value
    Location
    Student Life
    Facilities
    Accommodation
  • Economics
    Shahreen
    Great

    LUMS is a great experience not just for academics but in terms of character building and confidence. It has massive exposure and is valuable for students in their practical life. However the tough competition accounts for a stressful university experience.

    View more
    Programme: Economics
    Degree: Bachelor's
    Campus: Lahore
    Overall
    Professors
    Internationality
    Career Prospects
    Value
    Location
    Student Life
    Facilities
    Accommodation
  • +programme_dots+
    +programme_dots_hide+
    +comment_date1+
    +comment_user_logo+
    +comment_user+
    +title+
    +comment+View more
    Programme: +program_name+
    Degree: +degree+
    Graduation: +graduation_year+
    Delivery Type: +delivery+
    Campus: +campus+
    +all_ratings+
  • Overall
    Facilities
    Professors
    Location
    Student Life
    Accomodation
    Internationality
    Value
    Career Prospects
    +reply1_date+
    +reply1_user_logo+
    +reply1_user+
    Official Reply
    +reply+
    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our Privacy Policy for more details.
    Close