Bachelor of Economics

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Bachelor in Economics

Economics is a diverse field that provides individuals with a multidisciplinary education. Students learn how to recognise, analyze and rectify a number of economic issues. Such abilities are needed and can be utilised in several different industries. These factors make the job prospect for this degree both lucrative and exciting.

What is a Bachelor in Economics?

A Bachelor in Economics takes an in-depth look at the principals of economics and their applications. After completing this programme graduates are prepared to function as professional economists within different industries. To accomplish this, most programmes focus on a few key concepts, including:

  • Macroeconomic theory
  • Microeconomic theory
  • Problem solving
  • Quantitative theory and tools
  • Statistical and analytical techniques
  • Communications

Along with studying the mentioned concepts, some institutions may provide concentrations that take a deeper look at certain concepts within the realm of economics. Depending upon the institution and the set up of the programme, students may also be required to complete internships.

What Are the Benefits of Earning a Bachelor in Economics?

A Bachelor in Economics helps individuals to develop cross-functional skills that may be applied in a variety of positions. This helps to expand the job market for graduates. They can expect to secure quality positions, as well as transition to other positions within various industries.

Along with the degree-specific benefits, there are certain advantages to securing a Bachelor's degree in general:

  • Greater pay - Studies have shown that on average individuals with undergraduate degrees receive higher pay than those with a high school level education.
  • Increased satisfaction - Many quality entry-level positions now require that applicants have at least a Bachelor’s degree. Therefore, those without this degree do not qualify, helping to narrow down the job pool.
  • Advancement - If individuals desire to pursue graduate studies having a Bachelor’s degree could be mandatory. It can also be essential in moving up the corporate ladder and advancing in a professional capacity.

These are just a few of the main benefits of obtaining this degree. Depending upon the jobs graduates take and companies they choose to work for, there may be other benefits as well.

What Kind of Career Can You Expect With a Bachelor in Economics?

There are a number of opportunities available for individuals who obtain a Bachelor in Economics. Some of the most common career choices that graduates often select include:

  • Economist
  • Financial Manager or Analyst
  • Policy Analyst
  • And more

Such positions can be found in different sectors and industries, including the government, insurance, non-profits and corporations. As you can see, many of the possible career options do not state “economics” in their titles. However, those positions utilise the skills that individuals hone through their economic studies, such as research and analysis, risk management, finance and economics itself. These skills are often used in different fields, such as:

  • Marketing
  • Sales
  • Communications

There are a few other paths that individuals may consider. Those with a knack for education may consider becoming teachers, professors or administrators. Graduates with strong business savvy could start their own consulting firms or companies. Considering the multi-disciplinary aspects of this degree, the career opportunities are virtually endless.

As you weigh your options for your future career, consider pursuing a Bachelor in Economics. It could lead to an enjoyable and lucrative career.

University of California - Irvine

Irvine, United States

  • 96SchoolApply Rank
  • USD 43,528Average Tuition
  • 37%Acceptance Rate

The University of California - Irvine is a member of the prestigious Association of American Universities with a campus in Irvine; a suburban area in California, U.S.A. Through its faculties, the university offers over 80 bachelor's degree programs....

University of Buckingham

Buckingham, United Kingdom

  • 111SchoolApply Rank
  • USD 18,697Average Tuition
  • 0Acceptance Rate

The University of Buckingham (UB) is one of UK’S oldest private universities located in the city of Buckingham, England. Through its 14 academic schools, the university offers bachelor’s programs in a wide range of disciplines....

Trinity College Dublin

Dublin, Ireland

  • 142SchoolApply Rank
  • USD 23,191Average Tuition
  • 0Acceptance Rate

The Trinity College Dublin (TCD) is located in Dublin, Ireland. Situated in the multicultural European Capital, TCD offers undergraduate courses in a wide range of disciplines that come under the faculties of Arts, Humanities and Social Sciences; Engineering, Mathematics and Science; and Health Sciences. ...

Arizona State University

Tempe, United States

  • 160SchoolApply Rank
  • USD 31,200Average Tuition
  • 77%Acceptance Rate

The Arizona State University is the largest public university by enrollment in the U.S. ASU comprises 16 colleges and schools that offer more personalized experiences for students, while offering opportunities to collaborate across disciplines and campuses....

York St John University

York, United Kingdom

  • 172SchoolApply Rank
  • USD 15,647Average Tuition
  • 0Acceptance Rate

York St John University (York St John) is a public university located along Lord Mayor's Walk in York, England, UK. York St John offers a wide range of bachelor's degree programs across its nine academic schools including: Art, Design and Computer Science; Education; Health Sciences; Humanities, Religion and Philosophy; and Sport....

Queen's University Belfast

Belfast, United Kingdom

  • 196SchoolApply Rank
  • USD 20,631Average Tuition
  • 0Acceptance Rate

Queen's University Belfast (Queen's) is a public institution located along the University Road in Belfast, Northern Ireland, UK. Queen's offers a wide range of bachelor's degree programs across its three academic faculties namely: Arts, Humanities and Social Sciences; Engineering and Physical Sciences; and Medicine, Health and Life Sciences....

The University of Utah

Salt Lake City, United States

  • 202SchoolApply Rank
  • USD 27,990Average Tuition
  • 66%Acceptance Rate

The University of Utah (the U) is a public institution located in Salt Lake City, Utah, U.S.A. The U offers a wide range of bachelor's degree programs across its 17 academic colleges and schools....

University of East Anglia

Norwich, United Kingdom

  • 202SchoolApply Rank
  • USD 22,518Average Tuition
  • 0Acceptance Rate

University of East Anglia is a modern research University located in the city of Norwich in England, UK. The University offers a number of bachelor's degree programs through its four faculties of Arts & Humanities, Medicine & Health Sciences, Science and Social Sciences....

University of Illinois - Chicago

McHenry, United States

  • 204SchoolApply Rank
  • USD 23,440Average Tuition
  • 77%Acceptance Rate

The University of Illinois at Chicago (UIC) is a public research university in Chicago, Illinois, United States. The university offers a good number of bachelor’s degree programs through its 15 schools....

University of Dundee

Dundee, United Kingdom

  • 218SchoolApply Rank
  • USD 23,636Average Tuition
  • 85%Acceptance Rate

The University of Dundee (DU) is a public research university located in the city of Dundee, Scotland. The University has dedicated faculties through which it delivers bachelor's degree programs to both local and international students from over 100 countries. ...