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Wellesley College

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. 

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    Wellesley College Review

    My sophomore knowledge may be a little limited, but my experience at Wellesley College was pretty good! It’s a beautiful campus with lovely old buildings, small classes, and friendly students. Although social life may be limited, I personally like the smaller campus, which gives a greater sense of community. But I will say that the indoor food requires attention, the food is often repetitive and quickly becomes boring. Although I think it might be due to limited resources, it shouldn’t result in serving chicken nuggets and fries 3-4 times a week. The faculty are pleasant and mostly approachable and ready to help! There are ways to get involved, whether through organizations or a dual degree. And research opportunities are available through the faculty, professors (mainly in science) hold positions in personal laboratories. And during the summer, various programs are available for research! Overall so far so good and I’m enjoying my time. Pretty good ! Excellent environment to learn and promote a global view of the world. Faculty and your peers will have the greatest impact on your experience. So if you make a good choice, you will definitely be satisfied.

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    Programme: Economics and Statistics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Blended
    Campus: Wellesley, Massachusetts
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