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University of St Andrews

speciality: Economics

4.4

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. 

11 Student Reviews

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  • Accounting and ...
    Management
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    My home - St. Andrews

    St. Andrews is more than just a university. It is my home, my happy place and my comfort. People say that your first year of university is very difficult but it was just the opposite. The students, locals, faculty are all so friendly and positive that it always keeps my spirits high. I wish everyone has the same university experience as me because according to me it’s the best one. I study management and the school is so inclusive and everything is so applicable to the real world which always makes learning more fun. The professors are very engaging and most of them even write the books of our syllabus. The traditions are definitely the icing on the cake.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2023
    Campus: Saint Andrews
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  • Accounting and ...
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    The small little place called home

    One of the most renowned universities for a reason. St. Andrews is definitely worth all the praises and more. It has the best student life – parties, balls, events and numerous traditions.
    When it comes to academics, professors are always available to help and there are small tutorials so you can get individual attention and help every week!!
    Moreover the views are breathtaking.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2023
    Campus: Saint Andrews
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  • Economics and ...
    Finance
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    *Small tightly knit community *

    Anyone who has been to St.Andrews will observe that it is a small town. People may find it a bit monotonous as the options of restaurants and cafes are limited. The fact that the town is isolated from the big cities ensure that students build a close bond with everyone in the town making you feel homely. Everyone knows someone and you don’t ever feel like an outsider. On top the people are very courteous and kind, trying to extend a helping hand to everyone. Teachers at the university are more than supportive, ensuring you are given all the help possible making it a less stressful uni life.

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    Programme: Economics and Finance
    Degree: Bachelor's
    Campus: Saint Andrews
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  • Marketing and ...
    Management
    Meher
    Amazing Student Experience

    A great university with an exceptional facility. A very unique student experience completed with quirky traditions such as the Rasin Weekend and May dip. The university boasts an international and incredible student body in a small Scottish town.

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    Programme: Marketing and Management
    Degree: Bachelor's
    Graduation: 2023
    Campus: Saint Andrews
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  • Accounting and ...
    Management
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    Resourceful and exhilarating

    The University of St. Andrews, being apart of the top 3 universities in the UK, with its beautiful town, has always been my dream University. The University offers a wide range of opportunities, from academia to sports and from charitable organisations to hundreds of societies and communities. It is extremely easy to make friends and fit in due to the small size of the town and the diversity. The university provides students with unmatchable resources before as well as after graduation. The professors offer to help wherever the additional resources cannot. I have undeniably had the best experience of my life in St. Andrews, learning things that will help me personally as well as professionally in the future. I would not have it any other way.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2022
    Campus: Saint Andrews
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  • Marketing and ...
    Management
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    Life in St. Andrews

    My time in St. Andrews was amongst the best four years of my life. It has prepared me very well for my professional career. The ratio of teachers to students is very good. Although it’s a small town, there’s enough to for the students to keep them entertained. I would recommend the university to all young students going abroad to study.

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    Programme: Marketing and Management
    Degree: Master's
    Graduation: 2019
    Campus: Saint Andrews
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  • Accounting and ...
    Management
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    Would recommend to everyone!

    The University of St. Andrews is unmatchable when it comes to the educational experience that it provides. Being a 4th year student, I can confidently say that I wouldn’t even dream of thinking of another university since I don’t believe any other university would have provided me with such a magical experience. The town of St Andrews is located on the North Sea. With its cobble streets and bustling town centre, it is like a little family of its own. Although it is quite far away from London, and a one hour drive from Edinburgh, no one ever wants to leave this town. The accommodation provided by the University is huge, and makes you feel like you’re apart of a small, welcoming community. The help provided by the tutors and career centre helps you get jobs during the semester, as well as during vacations. Although we only have two night clubs in town, they are always filled with people you know. The town is extremely safe, allowing one to walk home alone at odd hours without any worry. Overall, I think St. Andrews as a town, as a university, is amazing!

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2021
    Campus: Saint Andrews
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  • Accounting and ...
    Management
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    Exceeded my expectations

    My experience with the University of St. Andrews has exceeded my expectations. The University inculcates an intellectual and friendly environment. The lessons learnt through the theoretical and practical lectures, not only develop skills used in your future career, but also help with personal growth. Being the 2nd best University in the UK, the students are provided with a world-class education, and a brand name to help them get jobs almost everywhere. Moreover, the various non-profit societies in St. Andrews, provide students with a chance to holistically develop their skills in all industries. Many of the committees are student-run, while many also involve professors and other university employees.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2024
    Campus: Saint Andrews
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  • Accounting and ...
    Management
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    Great overall experience

    My overall experience with the University of St. Andrews has been amazing! From the students to the professors, everyone is extremely helpful and kind. The resources provided by the University, especially during the lockdown, are very helpful. The university incorporates an extremely inclusive environment, with students from all over the world. You get the value of what you pay for as an international student. Additionally, the university provides students with a number of societies and communities that one can be apart of, which can help in future career paths. The traditions make the student life in St. Andrews unmatchable.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2023
    Campus: Saint Andrews
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  • Marketing and ...
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    Utkarsh
    Student life

    The university provides a diverse and an unique student experience along with the rich and cultural heritage of Scotland surrounding the university. The extra curricular too helps keep the students energetic.

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    Programme: Marketing and Management
    Degree: Bachelor's
    Campus: Saint Andrews
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