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London Business School - LBS

speciality: Economics

4.0

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. 

2 Student Reviews

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  • Finance
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    Excellent Exec Edu

    I studied Corporate Finance at LBS. At that time, 2010, they had this excellent executive education program since in addition to the professional and widely experienced teaching staff and the program itself, they gave you the opportunity that if you attended three courses of executive education they granted you the status of alumni which gives you the advantages of accessing to the web and job board and being in contact with hundreds of students and professionals around the world.

    I’m happy to recommend this University to friends of mine.

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    Programme: Finance
    Degree: Short Course
    Graduation: 2010
    Campus: London
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  • Finance
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    Minds alive

    Where the greatest minds in business meet. LBS fosters a collegial, supportive and innovative atmosphere. This school is ahead of all others in Europe when it comes to the learning environment, extra-curricular opportunities and networking.

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    Programme: Finance
    Degree: Master's
    Graduation: 2019
    Campus: London
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