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London School of Economics and Political Science - LSE

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. 

24 Student Reviews

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  • Health Economics, ...
    Policy and Law
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    Great Facilities,Programs and Professors

    Was between this program and an MBA in the US! I feel lucky to have selected LSE! Exceeded my expectations!! Over enjoyed my 1-year program and definitely recommend it to anyone interested! It is surely one of the top Universities in the World!!

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    Programme: Health Economics, Policy and Law
    Degree: Master's
    Graduation: 2010
    Campus: London
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  • International Business ...
    Management
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    International university in its true sense with a very diverse cohort.

    The environment of studying at LSE was definitely a very different experience for me to have people from all over the globe and with different academic and professional backgrounds. The LSE brand definitely stands out when applying for jobs and internships.

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    Programme: International Business Management
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • Public Policy
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    University life

    LSE is just amazing in any way. I was not able to imagine how this academic experience would impact mu life until I’m here actually. Really appreciating the opportunities provided to grew up both personally and academically.

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    Programme: Public Policy
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • Development Economics
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    LSE University Review

    Teaching is really good. Organisation of the course is pretty poor, particularly with the timing of the end of our consulting project. One of my modules was really badly organised in particular. I think for the cost of the course (which is extortionate) the organisation is really bad.

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    Programme: Development Economics
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • Economic History
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    LSE is extremely demanding, but that is what we're here for

    The title says most of it, I like my university even though I think that the student culture could be better- I was used to having a more stable group back home, it seems like the course programs make it harder for us to get to know each other. But I feel like I learned a huge amount, which is what matters.

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    Programme: Economic History
    Degree: Bachelor's
    Graduation: 2021
    Campus: London
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  • Development Economics
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    Academic Mentorship

    Open door policy with teachers, great mentorship. !!
    Seminars are really interactive and that’s where the learning happens!!
    teaches us to have a critical opinion and go beyond what’s in front of us!!

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    Programme: Development Economics
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • Economic History
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    Culturally Diverse University

    LSE is a great uni. Depending on the course teaching quality can vary so its worth looking at course reviews before choosing. The people are all very nice and openminded. I recommend going to live in halls in first years as well as joining societies and sport clubs to meet new people!

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    Programme: Economic History
    Degree: Bachelor's
    Graduation: 2022
    Campus: London
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  • Development Economics
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    A good university which teaches you how to learn

    LSE is a good place to be as a student.There is a plethora of activities and opportunities for anyone to learn. Professors here are subject experts and also good teachers.I would definitely recommend LSE.

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    Programme: Development Economics
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • International Political ...
    Economy
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    A 120-year legacy of interdisciplinary education.

    I am a MSc International Political Economy student at the London School of Economics and Political Science (LSE). I am specializing in international economics.

    The distinguishing feature about the LSE is its relentless focus on cognitive flexibility. The LSE attempts to train its students in the art of acquiring knowledge from a range of disciplines. Its motto reads ‘knowing the causes of things’ and from day one, I was told this cannot be achieved through any one discipline. ( For instance, a student of economics will consider the political impact of a regulation or a management student will use behavioral economics to analyse organizational culture). As a result, I was able to add some flexibility into my course. This is why the course has exceeded my expectations.

    In addition, I am surrounded by international students (70% of the student body comes from outside the UK) who think outside the box. This is what I liked the most about my experience. There are very few top-ranked Universities where international exposure is so high.

    The caveat here is that the LSE is quite a challenging academic environment and what students gain from their education depends on what they put into it. My course in particular has been quite challenging but it has also been rewarding.

    The LSE has successfully turned students into experts, entrepreneurs and leaders for over 100 years and it continues to do so to this day. The LSE gives you access to this network. For instance, I recently met the President of the EU Commission who is an alumnus of the LSE at an event and discussed my dissertation with her.

    Based on my experience, I would definitely recommend an education at the LSE.

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    Programme: International Political Economy
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • Economics and ...
    Finance
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    A place to figure out your motivations in life

    LSE is a place for high achievers… it will push you to really think about your goals and motivations in life. There is no room to sit still because the lectures and work load are demanding and everyone is driven. You will get the most out of your degree if you are focused and know exactly what you want to achieve. Many great people walk the hallways and that is what will inspire you to push through the tough times.

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    Programme: Economics and Finance
    Degree: Master's
    Graduation: 2020
    Campus: London
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