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Eight Reasons to Study Economics

For those considering a degree in this area, but need further convincing, the Complete University Guide lends its expertise. Here are eight compelling reasons to study an Economics degree:

1. Excellent graduate prospects

Take a look at our Economics subject league table, read down the graduate prospects column and you’ll see economics students stand a fair shot of gaining professional employment within six months of graduating. The top ten universities for Economics all enjoy a score of nearly 90% or more.

2. Good graduate premium/graduate salary advantage

In 2017, Economics placed second in our rankings for professional premium as Economics graduates in professional jobs earn on average £9,821 more than those in a non-professional job.

3. Economics and the world

Economics is truly all around us, present in almost every aspect of our lives. Studying the subject gives students a generalist understanding of the world and its inner workings. Students learn everything from what determines the price of goods and services to why the average standards of living vary so widely within and between countries.

4. Combined courses   

With economics pervading every element of our lives, it follows that the subject complements others so well. Many universities offer dual honours degrees so students can combine their economics degree with another passion or interest. 

5. Variety of modules

Economics has an impact on all walks of life and true to form universities offer a large variety of modules to reflect this. You could be studying anything from public policy to environmental economics.

6. Internationally diverse cohort

The quality of economics education at UK universities attracts a substantial number of students from overseas. In fact, it’s our business and management degrees which benefit from the largest number of international students. The figure is more than double that of the next highest subject group.

7. Real-life application

The case-based learning emphasis on economics degrees makes it really easy to see how the theory has real-life applications, particularly when considering the recent volatility of global markets. Many universities also offer their the opportunity to apply learning in the working world while studying, with a year in industry. Here’s a list of Economics sandwich courses for your perusal.

8. Independence

Economics students devote a lot of their learning time to independent study. This equips them for life in the real-world, where people are expected to take responsibility for their own development and conversely, contribution.