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.
With over 1.1 million international students choosing the USA as their higher education destination each year, the country is one of the most popular study abroad destinations in the world. There are consistently many USA based universities and colleges ranked within the top 100 in the QS World University rankings, and it is not uncommon for the top 10 rankings to be dominated by American universities as well. As one of the biggest countries in the world, you will have many choices when it comes to deciding where you want to study abroad.
Want to see postgraduate courses? See postgraduate degrees in Economics in USA
Don't meet the entry requirements for these courses? Learn more about pathway programme options.
Sign up to StudyLink.com, the home of quality study abroad advice.Sign up now
Find out more about the range of subjects that you can study at institutions around the world with our subject guides.
Read StudyLink's suggestions on your first steps when deciding where to study abroad, with helpful tips to make your decision easier.
International students finding it difficult to meet conditions of eligibility criteria can choose to enrol in pre-masters courses before applying for a masters degree programme.
Find out more about English language tests, your options and what is required as an overseas student.
Read more about studying abroad, and how it can boost your future career prospects.