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).
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 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.
Penn state really lives up to all the hype it’s chalked up to be. Great student life experience as far as going to football games, Greek life is really fun too. Also, as a chem minor student, I can tell you that the chem program here is balanced, in the sense that it is challenging but the professors and especially TA are really helpful and everyone is encouraged to succeed. There is also quite a large international community here at Penn State, partly because too I imagine the school is really big. Also, I would recommend finding a job on campus, but being smart in how you go about that and ensuring that you can find a way to still prioritize and make time for your life. As a student here, I recently struggled to choose between studying part-time and working part-time versus studying full-time. I found it really helpful to think concretely about what matters most to me in my life at the moment and where I want to be in 5 years. When you get stuck on a problem, I believe in taking a step back and allowing yourself to see the situation from a different perspective. Perspective is important and can be everything.
View moreI absolutely love Penn State. I transferred in after two years at a community college, where I was less than satisfied with both the education as well as the overall student life. However, as soon as I got to Penn State, I was immediately presented with countless opportunities. The campus is incredible, and the students and faculty are extremely helpful and kind. I’ve always had a passion for Economics, and have thoroughly enjoyed all of my classes so far. My professors have challenged me in the best way possible and continue to present me with deeply philosophical classes that dive into the depths of Economic policy and thinking. Penn State is international as well, and there are countless career fairs and career guidance opportunities.
View more