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Harvard University

speciality: Economics

4.0

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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  • Economics
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    The Best Place to Learn Middle Eastern Languages

    “A strong graduate program with considerable intellectual stimulation is perhaps the best place to study a Middle Eastern language in North America, if not the world. We also have the largest faculty dedicated to the region. The only downside I can think of is that we currently have no senior professors specializing in modern Middle Eastern history, and several of our senior faculty may be retiring soon, but I’m sure they will be replaced very well. “

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Cambridge, Massachusetts
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  • Economics
    avatar
    Harvard - A Great Place to Study!

    I am very happy with my decision to choose Harvard. The professors are all experts in their field, the classes are large, and the people here (mostly) are great. The atmosphere here is great. I truly found my best friends here and I wouldn’t change a thing. I highly recommend reviewing my professor before choosing classes! The only thing I’ll complain about is the competitive club culture, but I’ve managed to find some amazing extracurricular activities that aren’t toxic and exclusive. It’s also a cliche, but you can’t beat the location. I always have something to do in town, and most downtown museums are free, so the weekends are always crowded. Well worth it in my opinion. The faculty is great and the scholarship office helped me a lot. I really feel like I’m constantly learning new things while being in a great field. Overall, my time at Harvard has been enjoyable so far.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Blended
    Campus: Cambridge, Massachusetts
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  • Liberal Arts
    Charles
    Pros and Cons of a liberal studies Graduate School

    “Pros: flexibility to decide research / travel / study projects abroad, availability of funds for graduates, encouragement of administrative staff and teachers, opportunity to be advised together with other teachers, high quality teaching, numerous resources and collaborations among other schools and workshops allow even more resources, great location, a huge amount of social activities, general happiness within the department. My department truly supports their graduating students and provides resources for everything we need. Cons: Sometimes too much freedom can ruin business and it depends on your advisor – organizing your time effectively is key to getting things done. Classes can take a long time, but they are necessary … it just means that research should be postponed or delayed, other times it should be done.There are really no drawbacks to the Department. The workload is high, but pleasant. The faculty challenges you but is very encouraging. It’s a great environment.”

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    Programme: Liberal Arts
    Degree: Master's
    Graduation: 2021
    Delivery Type: Blended
    Campus: Cambridge, Massachusetts
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