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Salford Business School

speciality: Economics

3.0

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. 

5 Student Reviews

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  • Supply Chain ...
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    Great

    I’m almost done with the program and I can say that this has helped me to understand the supply chain field better. This program has equipped me with the necessary knowledge for my current work and my future career.

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    Programme: Supply Chain Management
    Degree: Master's
    Campus: Online
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    Educational Experience

    The online programme is well coordinated. Both the academic and support staff are very helpful and supportive. The online library resources is extensive and you can find whatever you are looking for. Overall the experience has been good and I would recommend the school to others.

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    Programme: Supply Chain Management
    Degree: Master's
    Campus: Online
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    University of Salford online program

    The University is very focused in learning, including the most recent material and considering the world political and economic environment! The services are excellent and the lectures very competent.

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    Programme: Supply Chain Management
    Degree: Master's
    Graduation: 2020
    Campus: Salford
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  • Supply Chain ...
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    Quality with Flexibility

    The course content is top Class with succinct curriculum. The flexibility with diligent control is a plus point.
    Highly Qualified Faculty with online classes and prompt Clarifications are an added advantage meeting student requirements. Would recommend any day.

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    Programme: Supply Chain Management
    Degree: Master's
    Graduation: 2020
    Campus: Salford
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  • Supply Chain ...
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    online studies

    It was the first time to study online from far distances
    It is a great experience, the University of Salford with RKC online system did help us to achieve our MSc. It adds value to my experience and helped me to discover more studies and adopt updated knowledge

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    Programme: Supply Chain Management
    Degree: Master's
    Graduation: 2020
    Campus: Manchester
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