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University of Sheffield

speciality: Economics

4.5

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. 

4 Student Reviews

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  • Economics
    avatar
    Teaching quality and content coverage could definitely be improved

    I think the university is one of the lowest reputation-wise out of the Russel group universities and is clinging on to that accreditation to hold some value. It also relies heavily on the large influx of international students who boost the university outlook fro an outside perspective in terms of global rankings. There are a few standout departments which carry the others which are not on par with other unis of similar ranking or reputation. I liked the city and the extracurricular aspect and coverage that the uni and the students union offered.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2019
    Campus: Sheffield
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  • Economics and ...
    Finance
    avatar
    Student Life is 10/10

    The infrastructure is world-class and so is the faculty. The University has a very student-friendly environment. The campus is located in the heart of the city of Sheffield. There are various student accommodations around the campus which makes living there really convenient.

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    Programme: Economics and Finance
    Degree: Bachelor's
    Graduation: 2022
    Campus: Sheffield
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  • Economics
    avatar
    THE BEST UNIVERSITY EVER

    The University of Sheffield is one of the best places in the world. It’s the perfect mix of getting a higher education and it is SO MUCH FUN! The student’s union has been voted #1 in the country for the last 10 years, and THERES a reason for it! Nightlife is mint.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2022
    Campus: Sheffield
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  • Economics and ...
    Finance
    avatar
    Great uni in a lovely city

    The university is amazing! The students union is the best in the country for the last 10 years and it shows – they offer so many amazing events, nights out and services. The student support is excellent and the library is one of the best in the country.

    The teaching quality varies from subject to subject but I have mostly positive things to say about my department. Yes there could be some improvements but that’s always the case.

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    Programme: Economics and Finance
    Graduation: 2020
    Campus: Sheffield
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