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).
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 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.
(+) Firstly, I love Newcastle upon Tyne as a city itself-not for its richness regarding night clubs & bars, but I love the unlimited opportunities you might do here during the study. Travel the North East, easy connections to other parts of the UK, beach 15 minutes by metro, International Airport where you can easily get by metro in 30min for only £5
(+) Cheap costs of living in comparison with other UK cities&many work opportunities to work part-time!
(+) Northumbria became the UNIVERSITY OF THE YEAR FOR 2022 according to the prestigious Higher Education award
(+) The quality of teaching is at a high level
(+) Business Clinic as a part of your final project-i.e. you have real-life experience when graduating even though you have not undergone the placement year
(+) Small size classes so everyone has a chance to participate, i.e. learning by doing approach
(+) Constant support from your module tutors
(+) I had an opportunity to be an ITT student ambassador thanks to this programme
(+) 80% Business vs 20% Tourism modules-more interesting for me in particular!!
(+) Study Abroad is available the second semester of the second year, i.e. you won’t lose the entire year while still having exchange experience
(+) Amazing study spaces&modern campus!!!
(+) University food delivery-very affordable
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(-) This course, in particular, will no longer be available for the following years
(-!!!) no/low Touring grand when participating in study abroad with zero empathy from the study abroad team
(-) Ask4Help (never) helps
(-) overall administration support is not the biggest strength of Northumbria
(-) Tourism courses are sometimes very repetitive&common sense based