What is Economics?
Economics is concerned with the production, consumption and transfer of wealth and money. It includes the study of psychology, of why people make the decisions they make and how resources are spread. Microeconomics studies this on the small scale, looking at individuals, groups and small businesses. Macroeconomics looks at entire economies and includes understanding supply and demand, the role of prices and markets, employment, the operation of financial institutions and monetary policy. Many courses will also include elements of mathematical and statistical techniques used in economics.
What can I do with an Economics degree?
Many Economics graduates go on to professional training in chartered accountancy, actuarial work and similar fields. Others are employed by financial institutions, or as professional economists in industry, government and management consultancy.
What might I need to study Economics?
You do not need to have studied Economics before but universities will be looking for strong mathematical understanding, so generally you need to have studied Maths at A Level.