Economic

The Online BSC of Economics offers students the analytical and quantitative skills required for an in-depth understanding of key economic principles. Economics plays an important role in shaping societies and it is enhanced by improving economic efficiency, promoting equity, and in the long run through sustainable development. The programe helps with developing a strong appreciation of the impact of economic policies and decisions on individuals, businesses, and society more broadly. It provides thorough training in economic analysis and its applications to economic and business policy. Throughout the program, students develop knowledge of microeconomics, macroeconomics, econometrics, behavioral economics, game theory, and other contemporary fields including environmental economics, and economic inequality. A capstone subject of the degree synthesizes knowledge from these areas of economics to study policy-making in real-world settings. Firms recruit economists because their advice is vital to businesses in understanding their business environment, how competitors react, and how changes in things such as interest rates, oil prices, exchange rates and consumer demand are likely to affect the business. Economists are employed to study natural resource use and environmental problems and their relationship to economic behavior. Employers include mining firms and regulatory agencies. Economists contribute to the better management of natural resources and improving the global environment.