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University of Groningen - RUG
speciality: Economics

3.3

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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  • Economics
    avatar
    Economics

    The economics programme has a good mix between theory and empirics. It also has a good mathematical focus and is therefore more quantitative than most. The workload may be a bit higher, but that is only when the goal is to become more prestiguous. Now, I think it aligns with the incusivity goals of the university.

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    Programme: Economics
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Groningen
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  • Economics and ...
    Business
    Jolly
    Bad Education!

    I went to Groningen University in 2018-2019, for the first semester, for the Economics Bachelor’s Degree (Erasmus). And it was TERRIBLE! The worst experience. The support of the teachers or advisors, missing. Really hard to pass an exam. Was the first time that I had exams at 7 pm till 9 pm. Studying hard was not the key… Unfortunately, professors made it harder for International students, sometimes they were speaking in Nederlands in class. Really bad experience, and locals are not really willing to support neither.

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    Programme: Economics and Business
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: On Campus
    Campus: Groningen
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  • Business Economics
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    Fantastic

    Overall I’m very happy with this university. The program is extensive but not too difficult. The university also has a lot to offer with regard to sports and associations. The city is also fantastic, it is super safe and beautiful and has all the activities a student would want without it being too busy or as expensive as other Dutch cities.

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    Programme: Business Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Online
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    23 Jun, 2023
    Nixx
    Nixx
    Hi :)) Do you have some specific courses from the Faculty of Economics and Business, that you would especially recommend to the incoming exchange student?
  • Business Economics
    avatar
    Uni life

    I definitely feel that my degree at this university is valuable and it comes with it’s perks. But i also feel that they could improve upon student life, as the college as such offers nothing other than education. some cultural or sports events would be good once in a while.

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