How to Study a Degree in Economics

So you’ve decided to get a Bachelor of Arts in Economics. Now what? There are many great reasons to study Economics. The field focuses on price determination in a market economy, competition, the role of government in economic matters, and economic reasoning and logic. Here are some of the most popular topics that you’ll learn about. You’ll have a lot of choices to make when choosing a degree in Economics.

Bachelor of Arts

Earning a Bachelor of Arts in economics allows students to gain a deeper understanding of their economic environments. Everyday decisions made by businesses and consumers are largely economic in nature. Developing a deeper understanding of the economic system will help students to better understand the world we live in and the issues we face. The Bachelor of Arts in economics offers students a variety of opportunities in business, government, and nonprofit organizations. Graduates can pursue advanced degrees in law, business, or economics.

Bachelor of Science

The Bachelor of Science in Economics program at Northwestern University offers a broad foundation in the humanities, sciences, and mathematics that prepare students for a variety of economic positions. Students develop skills in economic analysis and decision-making. Their coursework prepares them for careers in a variety of fields, including government, business, and the law. Listed below are some of the most common jobs for economics graduates. In addition, the B.S. in Economics is an excellent foundation for careers in finance, management, and international affairs.

Bachelor of Arts with Mathematics

The Bachelor of Arts with mathematics in economics concentration is designed to provide students with a solid foundation in the theory and tools of economics. This program emphasizes abstract theory. Students earning a Bachelor of Arts with mathematics in economics do not double count their courses. A Bachelor of Arts with mathematics in economics concentration may be considered a strong foundation for a Master of Science in economics program. A Bachelor of Arts in mathematics with economics concentration may lead to a career in business, finance, or economic forecasting.

Bachelor of Science with Economics

The Bachelor of Science with Economics program teaches students the study of how people make decisions. The subject combines business, social policy, and the study of the economy. Students learn about the role of the financial system in the decisions of individuals, businesses, and communities. Moreover, students learn how economic policies and market mechanisms affect society. This knowledge is useful for financial decision-making and planning. With a Bachelor of Science with Economics degree, students can choose from a variety of career options.

Career options for economics graduates

There are several career paths for economics graduates after studying a degree in economics. As the study of economics is vital to daily life, employment prospects are generally positive. The strongest areas of job demand are in government, scientific, management, and consulting services. Economists with strong quantitative skills are most in-demand. Further study in economics is also available and is beneficial for advancing one’s career. Graduates can also choose to work in the public or private sector, in government agencies, or in financial consultancies.

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