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University of Oxford

speciality: Economics

4.3

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. 

3 Student Reviews

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  • Accounting and ...
    Management
    avatar
    My experience as an international student

    Hi everyone, this is my first review. A friend asked me to share some of my experiences. Everyone imagines Oxford as an enchanted world where everything goes well and there are only brilliant people. This is not at all the reality.

    I had good and bad teachers. I met good and bad students. There weren’t many internationals in my time and I felt a lot of discrimination, not always negative. Oxford was divided between English students and outsiders. Hence I don’t have many English friends and many of my best friends are Polish. I know Oxford has improved a lot since my time so I don’t think my experience at all reflects Oxford as it is today.

    My advice is to take advantage of all that Oxford has to offer. From the rowing club to the consulting club everything is a networking opportunity that is the true value of oxford.

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    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2000
    Delivery Type: On Campus
    Campus: Oxford
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  • Cybernetics, Statistics ...
    and Economic Informatics
    avatar
    Really enjoy!

    Oxford University is really beautiful! Unfortunately, I didn’t get to stay in the school dormitory, due to my late reservation. Now I live in a student residence close to the school, and it only takes me 10 minutes to walk there every day. I’m busy with my studies, but I’m very involved in this life!

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    Programme: Cybernetics, Statistics and Economic Informatics
    Degree: Master's
    Graduation: 2022
    Delivery Type: On Campus
    Campus: Oxford
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  • Liberal Arts
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    A history of excellence

    Oxford is an amazing place to study. World class teaching, fantastic facilities and libraries, stunning architecture, great student community and college support, all combined with a history of excellence for over 800 years…simply the best!

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    Programme: Liberal Arts
    Degree: Master's
    Graduation: 2018
    Campus: Oxford
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