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Brigham Young University–Idaho - BYU

speciality: Economics

5.0

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. 

2 Student Reviews

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  • Accounting and ...
    Management
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    Best of the best Institution

    I am taught step to step in excel and QuickBooks with very adorable fee. I always feel excel is so hard and I could not get it but with my instructors, in scribe teachers and my dedication I could easily navigate and feel very confident in both accounting software app. I also learnt most of accounting principles and standards. And I know I will still continue to learn. Anybody that is ready to learn and improve professionally , I recommend this great school for you. Apart from secular knowledge, I grow morally and spiritually. I am blessed to know this school.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Online
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  • Accounting and ...
    Management
    Patrick
    I learned a great deal especially in interpersonal relationships

    I have gained a lot of skills and knowledge about how the business world operates, and many more skills I have acquired in the process. All the teachers are professionals and give us the best. I would recommend to anyone ready to enrol in any college or university to consider BYUI because aside from studies, you will learn the gospel along to be a better person. With honesty and integrity, BYUI is the best.

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    Programme: Accounting and Management
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: Online
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    Internationality
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    Student Life
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