Economics
business
50 universities in 24 countries
Overview
Economics is the study of how societies allocate scarce resources to meet unlimited wants and needs. It examines decision-making by individuals, businesses, and governments, analyzing markets, trade, monetary policy, and economic development. Students develop strong quantitative, analytical, and critical thinking skills. Economics provides a powerful framework for understanding global challenges from poverty to climate change.
Why Study Economics
- Understand the World
- Highly Transferable Skills
- Policy Impact
- Excellent Career Prospects
Career Paths
- Economist
- Investment Banker
- Policy Analyst
- Data Analyst
- Management Consultant
Admission Requirements
Strong mathematics background (calculus, statistics, linear algebra) is essential. Good grades in mathematics and social sciences. English proficiency (IELTS 6.5+ or TOEFL 90+) for international programs. Some programs require GRE or GMAT scores for graduate admission. Analytical thinking and interest in current affairs are valued.
Countries
- Spain (4)
- Slovakia (4)
- United Kingdom (3)
- United States (3)
- France (3)
- Hong Kong (3)
- Luxembourg (3)
- Brazil (2)
- Egypt (2)
- Croatia (2)
- Netherlands (2)
- South Africa (2)
- China (2)
- Chile (2)
- Nigeria (2)
- Argentina (2)
- Kenya (2)
- Switzerland (1)
- Germany (1)
- Taiwan (1)
- Czech Republic (1)
- Malaysia (1)
- Ukraine (1)
- Turkey (1)
Universities
- University of Oxford — United Kingdom
- Harvard University — United States
- Minerva University — United States
- Sorbonne University — France
- University of São Paulo — Brazil
- ETH Zurich — Switzerland
- Cairo University — Egypt
- University of Zagreb — Croatia
- University of Hong Kong — Hong Kong
- Ludwig Maximilian University of Munich — Germany
- Universidad Complutense de Madrid — Spain
- University of Amsterdam — Netherlands
- National Taiwan University — Taiwan
- Charles University — Czech Republic
- Comenius University Bratislava — Slovakia
- University of Cape Town — South Africa
- Tsinghua University — China
- Pontificia Universidad Católica de Chile — Chile
- University of Ibadan — Nigeria
- University of Luxembourg — Luxembourg
FAQ
- What is the difference between economics and finance?
- Economics studies how economies function at macro and micro levels. Finance focuses specifically on managing money, investments, and financial systems. They overlap significantly but have different academic focuses.
- Is economics very math-heavy?
- Yes, modern economics relies heavily on mathematics and statistics. You'll study calculus, econometrics, and statistical analysis.
- What can I do with an economics degree?
- Options include banking, consulting, government policy, data analysis, academia, international development, and many more.
- Do I need a master's degree in economics?
- For academic or research roles, yes. For industry roles like banking or consulting, a bachelor's is often sufficient, though a master's provides an advantage.
- Is economics a good pre-law degree?
- Yes, economics is one of the most popular and successful pre-law majors due to the analytical and reasoning skills it develops.
- What is econometrics?
- Econometrics applies statistical methods to economic data to test hypotheses and forecast trends. It is a core component of modern economics education.