University of Loughborough | Latest Reviews | Student Reviews & University Rankings EDUopinions

University of Loughborough
speciality: Economics

3.7

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. 

3 Student Reviews

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  • Business Economics
    Vimbiso
    Varied choice of degree modules

    The course offers a wide variety of optional modules which allows you to tailor your degree to your interests. It also offers the opportunity for one to learn a foreign language as part of your degree. Finally, all degrees at the university include the chance to study abroad or go on work placement for a year before your final year of undergraduate study, to allow students to travel and gain valuable work experience.

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    Programme: Business Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Blended
    Campus: Leicester
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  • Economics
    avatar
    Good Environment

    I think the atmosphere and facilities provided are good for studying, there’s always access to computers on campus even during busy exam seasons and there’s a lot of support for help with IT. The careers teams are also very helpful. However, lectures are not of high quality and mostly involve reading directly from powerpoints with no additional insight. There is also a lack of support with understanding and getting help outside of lectures.

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    Programme: Economics
    Degree: Bachelor's
    Campus: Leicester
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  • Business Economics
    Philippe
    Great campus

    The facilities are exceptional (sport and education-wise), however, Loughborough is a small town, so limited concerning the nightlife and city life. Although, there is an increase in party events in recent years.

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    Programme: Business Economics
    Degree: Bachelor's
    Graduation: 2020
    Campus: Leicester
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