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A complete guide to economics degrees

Scale your potential with an economics degree built for long-term value. Explore your options here.

You might have heard the words supply, demand, and economies of scale, but how do these play out at the global level? And what can you do to make a career out of it? Start by exploring degree options that delve into global markets, economic systems, and business strategy. With one of these degrees, you’ll set yourself up to move markets with versatile skills, broader connections, and real-world experience. Keep reading to see which pathway is right for you.

Topics you’ll explore

An economics degree covers a wide range of subjects, equipping you with the knowledge to understand and influence the world around you. Here’s what you’ll learn:

Microeconomics

Study how individuals and businesses make decisions about resource allocation and pricing.

Macroeconomics

Explore the broader economy, focusing on issues like inflation, unemployment, and economic growth.

Econometrics

Learn to apply statistical methods to analyse economic data and test theories.

International trade

Examine the dynamics of global trade, including tariffs, trade agreements, and their impact on economies.

Environmental economics

Investigate the economic aspects of environmental policies and sustainable development.

Game theory

Understand strategic decision-making and its applications in economics, business, and politics.

Skills you’ll gain

You’ll gain a mix of technical expertise and transferable skills while earning an economics degree. Some employers are looking for now include:

Hard skills

Data analysis and modelling
Economic theory
Statistical analysis
Market research
Financial analysis

Soft skills

Critical and analytical thinking
Communication
Creative problem-solving
Strategic planning
Ethical reasoning
Time management

Degree routes available to you

Economics degrees come in various forms, catering to different interests and career goals. Whether you’re drawn to the theoretical side or prefer a more technical approach, one of these programmes might work for you:

BSc Business Economics and Finance

Focuses on the financial and business aspects of economics, ideal for careers in banking or corporate finance.

BA Philosophy, Politics and Economics (PPE)

Combines economic theory with philosophy and politics, preparing you for roles in policy or academia.

BSc Economics, Finance and Data Science

Integrates economics with data science, equipping you for roles in analytics or financial technology.

MSc Behavioural Economics

Explores the psychological factors behind economic decisions, ideal for careers in marketing or consulting.

MA Global Political Economy

Examines the intersection of economics and international politics, perfect for roles in global organisations.

Online degrees

Offers flexibility for those balancing work or other commitments while pursuing their studies.

Common questions about economics degrees

A full-time undergraduate degree typically takes 3 years, while a master’s degree usually takes 1 year. Part-time options are also available, extending the duration.

In the UK, undergraduate degrees cost around £9,250 per year, while master’s degrees range from £12,000 to £25,000. Online degrees may offer more affordable options.

You’ll usually need A-levels in maths or equivalent qualifications. For master’s programmes, a 2:1 in a related undergraduate degree is typically required.

Yes, many universities offer online economics degrees, providing flexibility for those balancing work or other commitments.

Graduates can pursue roles in finance, consulting, policy, data analysis, and more across various industries.

Economics can be challenging due to its mathematical and theoretical content, but it’s manageable with passion and dedication.

Why pursue an economics degree

Global relevance

Economics shapes decisions at every level, from international trade to local businesses, making your expertise universally valuable.

Diverse careers

With skills in analysis, finance, and policy, you can explore roles in banking, consulting, government, and beyond.

Problem-solving

Tackle pressing global issues like poverty, sustainability, and market fluctuations with data-driven solutions.

High demand

Economists are sought after across industries, ensuring strong job prospects and competitive salaries.

Flexible learning

Online economics degrees allow you to balance study with work, family, and other commitments.

Impactful work

Shape policies, influence businesses, and drive economic change that benefits communities and societies.

Where this degree will take you

An economics degree opens doors to a variety of rewarding careers across industries. Here are some common paths you can explore after graduation:

Economist

Analyse economic trends, create forecasts, and advise on policies to shape decisions in government or private sectors.

Financial Analyst

Evaluate financial data to guide investment decisions and help businesses maximise profitability.

Data Analyst

Use statistical tools to interpret complex data, providing insights that drive strategic decision-making.

Management Consultant

Help organisations improve efficiency, solve problems, and achieve their goals through expert advice.

Policy Advisor

Develop and evaluate public policies, ensuring they align with economic objectives and societal needs.

Market Research Analyst

Study market conditions to identify trends and help businesses understand consumer behaviour.

Find your economics degree

Explore now

Common questions about economics careers

Economics careers are often highly rewarding, offering opportunities to tackle complex problems and make a tangible impact. Many graduates find satisfaction in roles that are intellectually stimulating and socially impactful.

Salaries vary by role, but economics graduates typically earn around £33,738 per year starting out. With experience, earnings can rise significantly, especially in fields like finance, consulting, and government.

You’ll develop a mix of technical skills like data analysis and economic modelling, alongside transferable skills such as critical thinking, communication, and problem-solving. These are highly valued across industries.

Most universities require strong A-levels (or equivalent) in maths and economics. For postgraduate programs, a 2:1 in a related undergraduate degree is typically needed.

Yes, many universities offer flexible online economics degrees, allowing you to balance study with work or other commitments. This is a great option for those seeking convenience without compromising on quality.