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University of Essex

speciality: Economics

4.4

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. 

13 Student Reviews

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  • Economics
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    Second Year Student

    I have had the privilege of being a student at the University of Essex, and my experience over the past year has been both enriching and transformative. The faculty members are not only experts in their respective fields but are also passionate about imparting knowledge. The diverse range of programs and courses offered caters to a broad spectrum of interests and has been extremely helpful in both progressing educationally and as an individual. One of the most appealing aspects of the University of Essex is its vibrant and diverse community, as a minority this is a great fundamental aspect.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Colchester
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  • Finance
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    A great place to be

    The University has given me boundless opportunities to unlock the leadership potentials in me, currently I am the student rep. for my department coupled with the academic resources and environment.
    It is great to be at University of Essex

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    Programme: Finance
    Degree: Master's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Colchester
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  • Accounting and ...
    Management
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    The facilities

    I love university of Essex, I love how caring they are towards students and their mental health towards studies, they make sure that most student stay on top of attendance which is a crucial part to progressing. University of Essex implement voluntary sessions in students timetables and this allows students to ask questions and learn more about their module. Theres not much I hate about this uni they have a lot of sport facilities as well such as a football pitch, basketball court, gym, volleyball pitch etc. I would recommend coming to this uni as its a quality university to learn at.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Blended
    Campus: Colchester
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  • Marketing and ...
    Management
    Katie
    Teaching

    The university is a great university. They have all the resources you could ever need including an Albert scholm library. All the lectures are put online and can be reviewed after the lecture has been done. Also, any additional work that they would advise will be found on this online platform too. They have really thought about what would benefit students. The only thing I dislike about the university is how old the buildings look from the outside, it isn’t very modern but that is part of their USP. I would definitely recommend this university.

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    Programme: Marketing and Management
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Colchester
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  • Marketing and ...
    Management
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    Resources

    I think that the university of Essex, helps and prepares you as much as they can throughout the year but also, for your upcoming assignments. They advise you what they would do if they was in your position, and also advise what may be not as necessary. The lecturers provide essential readings and information to complete every week. The essiental information can be the lectures PowerPoints and notes therefore, you can always go back to what was looked at in the lecture and add to your notes or revisit if you found a section difficult. They also have ebooks and online learning platforms which I think is really helpful to widen your studies beyond the lectures and seminars.

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    Programme: Marketing and Management
    Degree: Bachelor's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Colchester
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  • Marketing and ...
    Management
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    Beautiful School

    I really like the environment. I like the buildings too. The accommodations are really nice. They have lots of activities for students . The education system is great too and I’ve been here for about a month . I’ve enjoyed my time so far here.

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    Programme: Marketing and Management
    Degree: Master's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Colchester
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  • Marketing and ...
    Management
    avatar
    School Experience

    The staff are helpful and approachable. The best aspect is that it’s a very diverse university where you can meet people all around the world which is great for international students. They also have a great student union. Colchester is a lovely place to study. There is a lake and water fountain on campus and lots of green areas, which is perfect for when the weather gets warmer. The overall facilities are great as well.

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    Programme: Marketing and Management
    Degree: Master's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Colchester
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  • Economics
    Bird
    Essex is a great place to study

    After only a few semesters at the university, I’m amazed at how many chances, support, and assistance the university has provided. My main difficulty is that this is the largest university campus I’ve ever visited, and even with aid and a guide, I get confused trying to find new classes; I’m hoping next year will be easier. Couldn’t have asked for a finer course and department in terms of blended learning, possibilities, and collaborations.

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    Programme: Economics
    Degree: Bachelor's
    Delivery Type: Blended
    Campus: Colchester
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  • Economics
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    MA Essex University

    I studied an MA in Economics, an interesting course. The course was challenging, enjoyable and thought-provoking. It enabled me to look at the world from a different perspective. It is definitely a course I would recommend to others interested in economics without a background in that area. The lecturers were kind, pleasant and approachable. They ensured that we understood the material before moving forward. They encouraged questions and made lessons interactive. It was of great pride to be taught by lecturers who are renowned worldwide.

    Having prior degrees, I have had the privilege of using other university libraries, however, I was particularly fond of the Essex university library (Yes I actually did study lol). The librarians offered an uncommon seminar to postgraduate students, addressing how to identify valid papers that are pertinent to your dissertation. Furthermore, we were able to book meetings on a one to one basis in which a particular librarian was dedicated to a school and helped in finding papers that can be used for your dissertation. The assistance in research was of great help when writing the dissertation. The social life of the university was rich. Students were friendly and the atmosphere was warm. The highlight for me, in particular, was meeting and interacting with students from all over the world. This was enjoyable, intriguing and eye-opening. Rubbing minds with people from different cultures, different perspectives and different mindsets was an unforgettable experience.

    The downside was the timetable schedule, the changes could be sudden and living off-campus, last-minute changes were incredibly inconveniencing. In addition, locating the rooms for lectures is not the easiest of tasks. The university has unique geography and layout that requires time to familiarise yourself with. For a student studying for multiple years, this is not much of an issue however, for a single year master’s student, by the time you’re accustomed to the layout, it’s time to graduate. Nonetheless, as I mentioned previously, both students and staff alike are approachable and willing to help when needed. This does alleviate the difficulty.

    In conclusion, I would definitely recommend the university and the course to other prospective students.

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    Programme: Economics
    Degree: Master's
    Graduation: 2019
    Delivery Type: On Campus
    Campus: Colchester
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  • Marketing and ...
    Management
    Alryan
    Amazing online degree

    I study At University of Essex with their amazing Online degree programme. At first I was worried that I wouldn’t like the online experience, however University of Essex has made me love it. It really feels like I go to an on campus university as there is so much interaction with many different people all over the world. It is the best decision I have ever made!

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    Programme: Marketing and Management
    Degree: Bachelor's
    Graduation: 2026
    Delivery Type: Online
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