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).
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 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.
What i really like is the diversity in the course, the students and the teachers. i feel they are very competent, and guide you in the right way to learn. However, I also feel they could have done more in the time of corona. I do not have a single class in person, and their online services are not exactly perfect. Meanwhile, they overload us with messages to not commit fraud but have to cancel an exam because they don’t have the platform up to date.
View moreI would not recommend someone coming to the University of Groningen for the course of supply chain management. The reason for this is the lack of practical application of knowledge and tools and focus on theoretical concepts. Additionally it is difficult to complete the master in a year, while maintaining good grades and it’s hard to maintain a life outside the university together with the course requirements. The master thesis requirements are extreme in relation to other universities in the Netherlands and abroad for no apparent reason. All in all, if you don’t want to follow an academic career I would not recommend it.
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