Economics is the practical and theoretical science of the production and distribution of wealth. It is based around the system of the production, buying and selling of goods and services. As a social science it is primarily concerned with the behaviour and relationships of people and societies and economics is applied to the real world to study and analyse the activities and interaction between people, markets and governments. Although there are various subdivisions of economics, the two main areas of study are microeconomics and macroeconomics. Microeconomics is the study of the dynamics between individuals and industries, a more concentrated study of the broader discipline of macroeconomics, which is the study of the economic activity of an entire market or country. It has grown considerably as a field and now incorporates a number of other subjects, including sociology, geography, law and several others to develop our collective understanding of the economic systems that exist today. 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 whether a student opts for a BSc or a BA course. BSc economics courses use mathematics and statistical theory applied to economic theory and they are designed for students who want to take advantage of a background in mathematics to further their understanding of the world today. On the other hand, BA economics students will not be required to use as much mathematics, as they 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 mathematics, while a BA economics course could be combined with various subjects including languages, politics and psychology. Often both courses will begin with the same fundamental economics syllabus, before diverging later on in the course as students specialise in a particular branch of economics. Both are also based around empirical research and developing an understanding of economic theory, meaning that analysing issues and dealing with numbers are central to both courses. The skills developed through studying economics are incredibly versatile and can be employed in a wide range of industries – by the time the 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 the 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.
Minm Fee: 0 € /Year Maxm Fee : 4000 € / Year ( Fee Depends upon University and Country )