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Universidad de Lima
speciality: Economics

5.0

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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  • Business Administration ...
    and Economics
    Fiorella
    Comfort from Study to Mental Health

    The University of Lima has many areas for students to perform, each area is very special and complete. It has a very nice infrastructure, students have all the necessary tools to develop as a professional, from teachers, library, PC, study materials to academic workshops, with all these sources students will be able to develop in their professional career, however, the The university not only cares about the academic part of the student, but also about their physical and mental health, for that the University has a gym, recreational areas and many workshops so that the student does not feel overwhelmed and thus learns to have a balance in life, therefore the University not only offers the academic tools to grow as a professional, but also as a person.

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    Programme: Business Administration and Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Lima
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