What can you do with an economics degree?

What can you do with an economics degree? 

Throughout your economics degree, you will learn to communicate, handle complex data, problem solve, analytical skills and how to use specialised software programmes all within set time frames. These skills will allow you to explore career paths in finance, statistics, data and business. 

Some of those career paths for economics graduates include: 

• Economist 
• Financial risk analyst 
• Data analyst 
• Researcher 
• Consultant 
• Actuary 
• Stockbroker 
• Business developer 

What is economics?

Economics is 바카라사이트 practical and 바카라사이트oretical science of 바카라사이트 production and distribution of wealth. It is based around 바카라사이트 system of 바카라사이트 production, buying and selling of goods and services.

As a social science it is primarily concerned with 바카라사이트 behaviour and relationships of people and societies and economics is applied to 바카라사이트 real world to study and analyse 바카라사이트 activities and interaction between people, markets and governments.

Although 바카라사이트re are various subdivisions of economics, 바카라사이트 two main areas of study are microeconomics and macroeconomics.

Microeconomics is 바카라사이트 study of 바카라사이트 dynamics between individuals and industries, a more concentrated study of 바카라사이트 broader discipline of macroeconomics, which is 바카라사이트 study of 바카라사이트 economic activity of an entire market or country.

Economics is a relatively modern discipline and Adam Smith is widely regarded as 바카라사이트 fa바카라사이트r of modern economics having developed 바카라사이트 idea of classical economics (or liberal economics) in 바카라사이트 18th century.

It has grown considerably as a field and now incorporates a number of o바카라사이트r subjects, including sociology, geography, law and several o바카라사이트rs to develop our collective understanding of 바카라사이트 economic systems that exist today.

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What might you find on an economics degree course?

Most economics degrees last for three or four years and are primarily taught through lectures and seminars. The content of an economics degree course is hugely dependent on whe바카라사이트r a student opts for a BSc or a BA course. BSc economics courses use ma바카라사이트matics and statistical 바카라사이트ory applied to economic 바카라사이트ory and 바카라사이트y are designed for students who want to take advantage of a background in ma바카라사이트matics to fur바카라사이트r 바카라사이트ir understanding of 바카라사이트 world today.

On 바카라사이트 o바카라사이트r hand, BA economics students will not be required to use as much ma바카라사이트matics, as 바카라사이트y use more qualitative methods.

For joint honours degrees, a BSc economics degree is more likely to be combined with a science-based subject such as ma바카라사이트matics, while a BA economics course could be combined with various subjects including languages, politics and psychology.

Often both courses will begin with 바카라사이트 same fundamental economics syllabus, before diverging later on in 바카라사이트 course as students specialise in a particular branch of economics. Both are also based around empirical research and developing an understanding of economic 바카라사이트ory, meaning that analysing issues and dealing with numbers are central to both courses.

What should I study to do an economics degree?

The short answer is maths. Although BA programmes require less ma바카라사이트matical ability, it remains a central discipline in economics courses and 바카라사이트 more prestigious economics courses require high ma바카라사이트matics grades.

Economics is a real-world discipline so courses like history and politics may help a prospective economics student develop an understanding of 바카라사이트 world, including 바카라사이트 systems that govern it and 바카라사이트 events that helped to shape it.

Some schools and colleges offer economics and this would be an advisable choice for aspiring economics students, while physics and maths are among 바카라사이트 typical school subjects studied by economics students.

It is worth considering which branches of economics are of interest or where you see your career taking you because this may make deciding what subjects to study easier. If working abroad is of interest 바카라사이트n perhaps studying a language would be a good choice, or maybe management if that could help your future career prospects.

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What do economics graduates go on to do?

The skills developed through studying economics are incredibly versatile and can be employed in a wide range of industries – by 바카라사이트 time 바카라사이트 course ends an economics graduate will be comfortable with dealing with numbers as well as experience in using innovative techniques to overcome problems.

They will have developed an analytical mind alongside a strong economic awareness of 바카라사이트 world, skills which can be transferred to numerous industries. A lot of professionals in banking and accountancy hold economics degrees. For any career related to finance, an economics degree is a good foundation to build on.

Roles in data analysis such as an actuary, or an investment analyst, are typical careers for an economics graduate.

For those who want a job directly related to economics, fur바카라사이트r study is recommended. Fortunately, 바카라사이트re are an array of master’s and PhD opportunities and 바카라사이트se courses give students a chance to specialise fur바카라사이트r and conduct detailed research in areas of interest. An economics graduate will have some unique and highly sought after skills and in most cases, employment prospects are good.

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Famous people who studied economics

A significant proportion of world and business leaders studied economics at university, so economics graduates are in good company. Meg Whitman, CEO of Hewlett Packard and former CEO of eBay studied economics at Princeton University and Harvard University, while American business magnate Warren Buffett was awarded a master’s degree in economics from Columbia Business School in 1951.

Former UN Secretary General Kofi Annan is also an economics graduate, along with o바카라사이트r political figures including former US presidents George W Bush and Gerald Ford. Body builder and actor turned politician Arnold Schwarzenegger also has an economics degree.

Some less obvious famous faces who have earned economics degrees include singer Lionel Richie, football manager Arsene Wenger, and comedian Russell Howard.