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University of Westminster

speciality: Economics

5.0

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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  • Accounting and ...
    Management
    Ivona
    Social Spaces

    I loved the distribution of online and face to face classes, it was much more engaging and allowed me to work independently, as well as to meet a variety of new people around the university. The teachers are very good and offer a lot of help during working hours and outside of the university.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Blended
    Campus: London
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  • Economics and ...
    Statistics
    Pui
    University of Westminster

    Hi I’m a graduate student. I will try to give as much information as you need. I applied here after learning that throughout my studies, I’ll have access to a variety of opportunities, tools, and resources, as well as dedicated career support, to help me gain employment.

    Course:
    It’s well structured and has a good course curriculum. The Economics courses are designed to provide a thorough understanding of the conceptual and applied aspects of accounting, as well as an examination of management processes and disciplines. Customized programmes that meet the needs of professional bodies as well as the industry’s high standards.

    Assessment:
    There are also numerous initiatives and schemes available to assist you in developing transferable skills, networking with potential employers, and preparing for the ever-changing graduate job market. I had to submit my SAT score of 1500. My official transcripts, letters of recommendation, and a financial affidavit were all required documents.

    Events/Programs:
    From business and finance to fashion, photography, music, theatres, and sport, London is the place to be. When you study at Westminster, your classroom extends far beyond the university’s walls, and you have access to everything London has to offer

    Fees:
    For the first year, I paid around £9000. Scholarships are typically granted based on three criteria: academic excellence, development potential, and financial need. Competition for the scholarships is fierce, and we receive far more applications than they can fund, so make sure you’ve looked into other options for funding your studies as well.

    Staff/Faculty:
    We had world-class guest lecturers and visiting faculty with successful business backgrounds. Richard West – his understanding of the subject left a lasting impression on me.

    I believe one would definitely enjoy their time there.

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    Programme: Economics and Statistics
    Degree: Bachelor's
    Graduation: 2017
    Delivery Type: On Campus
    Campus: London
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