Economics is the study of how financial resources are used and applied across personal, public and corporate fields. The 21st Century has seen an increase in the pressure on resources and the administering of funds. There are more economic issues than ever before, meaning the education of economists is all the more imperative. As well as the obvious focus on money and finance, an economics degree will also allow you to explore the social side of financial situations, meaning that you will graduate with many transferable skills.
An undergraduate degree in Economics will normally give you a good foundation knowledge of economics as a whole. You will study modules that cover production and consumption, the distribution of finances, and the law, psychology and history of economics. There are two major elements of economics; microeconomics and macroeconomics. Microeconomics is the study of individual bodies, such as households or companies. Macroeconomics is the study of entire economies, on a global or national scale, and it looks at issues such as unemployment and inflation.
Your economics degree will mainly be taught through lectures and seminars. There may be opportunities for you to take part in group projects. These will give you an insight into what working in economics may be like. Some universities may offer an optional module of a placement, but this is not guaranteed.
China has long been regarded as a global superpower when it comes to economic, business and political standing. Its reputation as a higher education destination has taken longer to earn, but is rewarded on merit. The country's government has invested in university and higher education over the last few years, with the aim to increase the international student population. This investment has meant that there are many more courses offered in English than there were a few years ago, making China a new and exciting destination for international students.
BSc (Hons) International Business Economics BSc (Hons)
University of Nottingham Ningbo China China
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Accounting in the Field of International Accounting BA
Zhejiang Gongshang University China
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Learn more about Economics courses in our detailed subject guide.
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