Economics
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Economics

Do you have a flair for problem solving, reasoning and analysis? Are you fascinated by how money actually does make the world go round? Then a career in Economics might be perfect for you!

Businesses, organisations and citizens are all affected by both their country’s economy and what happens globally, so every BCom student undertakes at least one year of study in Economics.

Would you make a good Economist?

You may want to consider studying economics if you possess several of the following interests, qualities and talents:

  • A flair for, or good grounding, in mathematics
  • Critical thinking and problem solving skills
  • The ability to reason logically
  • An interest in and the capacity to work with both abstract concepts and models and their application to “messy” realities
  • Effective communication skills – both verbal and written, and
  • An interest in how money and resources can affect and shape the world we live in
High Level Curriculum

Economics at first year level provides an introduction to core economic concepts and ideas. Students study both micro-economics (theories and behaviours relating to individuals and firms or organisations) and macro-economics (which studies the performance of national and global economies). In micro-economics, concepts such as economic efficiency, supply and demand, incentives, production and pricing, and market analysis are covered. Macro-economics introduces ideas such as monetary policy, unemployment, inflation, economic growth and central banking.

Students who choose to major in economics will cover more advanced concepts and principles of both micro- and macro-economics in their second year, as well as studying international economics and applied policy analysis. Mathematics and statistics start to play a more important role.

In third year, students choose between Economic Theory and Economic Science. These two routes include some core overlapping modules and allow some choice through specialisation.

Building a strong major combination for Economics

Economics is a strong major combination with Finance, Management, Information Systems, Insurance and Risk Management or Law, and can also be studied as part of a BCom (PPE).

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