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University of Nottingham - UoN

speciality: Economics

3.8

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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  • Liberal Arts
    avatar
    great uni

    The university of Nottingham is a fantastic Russell Group university. Even speaking objectively, the university has a reputation for academic excellence; accordingly, it is ranked 66 in the world and 10 in the UK for employability according to QS 2022 rankings.

    In my experience, I can see why this is the case! I can only speak for the Faculty of Arts, but the staff are great and the content they teach is generally very interesting. The lectures are well prepared, and the powerpoint slides are always provided to students – many lecturers also record their lectures for those that can’t attend. Reading lists for each module are comprehensive, with core readings, recommended readings, and further readings available, alongside many other online resources to help with your studies.

    My biggest piece of advice is to take full advantage of what is available to you, especially the brains of your professors! They are there to help and will happily meet with you to discuss your work; they have always been quick to respond to my own queries on email and friendly and helpful in person.

    As is to be expected at uni, you will not be spoon fed. While I stand-by the fact that the lectures here are interesting, you are expected to go above and beyond with your reading and research. Sometimes the lectures may not even have any relevance to the assignments; do not make the mistake of thinking the lecture materials are all you need for your courseworks. In my first year a professor reminded me that I am meant to be a full-time student, which means I need to study like one! This means at least a few hours of work outside of lectures or seminars a day – of course in first year this isn’t as necessary but in second and third year I would try to take this advice on board if you want to do well.

    In relation to lectures and university staff, be aware that there are a lot of strikes ongoing, and so lots of teaching and some assignments are likely to be impacted. This seems to be a nationwide issue, but staff in the Faculty of Arts here often partake in the strikes.

    Nottingham is a super sporty university! There are a huge number of sports and societies to get involved with, make sure you go to the freshers fair to check out all your options and sign up to trial anything that might interest you. Don’t overlook the importance of these as a source of entertainment and places to meet new people.
    However, I will say is that there is a big drinking culture that is especially evident in sports teams so if that doesn’t appeal to you then its something to be wary of. As far as I can tell though, this isn’t limited just to UON, and many big universities have this culture.
    Furthermore, uni sports are pretty expensive. If you are part of a team you will have to pay a membership subscription, some sports require you to have a sports village pass, and will have to pay for kits/uniform. Even when trying new sports or wanting to play for fun instead of for competition, you will have to pay £5-10 per session.

    at the moment, only catered halls are available on campus, with self-catered halls being a little more further out, although all are within a reasonable distance. If I could repeat first year, I would pick one of the catered halls – I think the shared dining halls encourage more social interaction, the fantastic facilities on campus are much more easily accessible, and of course there is the added bonus of not having to cook or clean up!

    Finally, the surrounding areas are lovely. The main campus is absolutely gorgeous and green, with tons of wildlife. Keep an eye out for the bunnies! There are free hopper buses between University park, Jubilee and Sutton Bonnington. Beeston and Lenton in particular have wonderful student communities, where most students will live in their second and third years, but the city as a whole feels very student-oriented given the presence of two huge universities.

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    Programme: Liberal Arts
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Nottingham
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  • Liberal Arts
    avatar
    There are good sides and bad sides

    I love the university itself and the campus. The people are very friendly and I enjoy my course. However, the contact hours I do get are very minimal and I would enjoy being able to get more guidance and help from professors if possible

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    Programme: Liberal Arts
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Nottingham
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  • Liberal Arts
    Isla
    My experience at the University of Nottingham

    In regard to the campus the university can’t be faulted. It’s a beautiful university with loads of wildlife and scenery. My experience with the teaching has been generally pretty good, during the covid years I felt slightly neglected and as if I wasn’t even a part of the university, however, this has completely changed and now I feel a sense of support from staff that was not there before.

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    Programme: Liberal Arts
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Nottingham
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  • Industrial Economics
    Ellie
    Very Good with a few cracks

    The uni is excellent in certain aspects but I don’t feel it is in everything! The sport, amazing! Hall system, amazing! Transport between campuses is very good, organised and efficient. I do however feel there could be improvements to some of the lecturing staff and the way they engage with students. Also having tutors who are more suited to students as I have found mine to be unhelpful and occasionally ignore emails.

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    Programme: Industrial Economics
    Graduation: 2019
    Campus: Nottingham
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  • Economics
    avatar
    A great student experience

    Overall Nottingham offers a great student experience. Renowned lecturers offer insightful tuition on course content while the university itself offers ample facilities to promote active, useful learning.

    Nottingham itself is a great city for student life and offers great experiences and opportunities for all lifestyles.

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    Programme: Economics
    Graduation: 2019
    Campus: Nottingham
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