Bachelor of Science Economics with Honours

A Bachelor of Science (BSc) Economics with Honours is a degree program that provides a comprehensive understanding of economic principles and analytical skills, often with a focus on quantitative methods and research, leading to careers in various fields like finance, policy, and research. 

Here's a more detailed explanation:

• What it is:

  A BSc (Hons) in Economics is a four-year undergraduate degree that delves into the study of how societies allocate scarce resources, including money, time, and other resources, to satisfy their needs and wants. 

• Key Areas of Study:

  • Microeconomics: Focuses on individual decision-making by households and firms. 
  • Macroeconomics: Examines the economy as a whole, including issues like inflation, unemployment, and economic growth. 
  • Econometrics: Uses statistical methods to analyze economic data and test economic theories. 
  • Financial Economics: Studies financial markets, investments, and risk management. 
  • Development Economics: Focuses on the economic development of less developed countries. 

• Honours Distinction:

  The "Honours" designation indicates a higher level of academic achievement, typically requiring a higher GPA and potentially a thesis or research project. 

• Career Paths:

  • Finance: Investment banking, asset management, financial analysis. 
  • Policy: Government agencies, international organizations, think tanks. 
  • Research: Academic institutions, research firms, consulting firms. 
  • Business: Marketing, management, consulting. 

• Skills Developed:

  • Analytical and Critical Thinking: Ability to analyze complex problems and make informed decisions. 
  • Quantitative Skills: Proficiency in using statistical software and data analysis techniques. 
  • Communication Skills: Ability to clearly articulate economic concepts and findings. 
  • Problem-Solving: Ability to identify and solve economic problems.