Why study Economics

Why study Economics: Student Films

What is Economics?

“A study of mankind in the ordinary business of life” Alfred Marshall ( 19th C economist). Economics is a serious, lively and evolving social science that studies the choices that individuals, businesses, governments, and entire societies make as they cope with scarcity and the incentives that influence and reconcile these choices.

Careers and Economics

Economics graduates are employed in a wide range of occupations and industries, including banking, finance, insurance, investment, manufacturing, consulting, transport, and retail industries, as well as in government agencies.  Recent graduates have found employment in the World Bank, KPMG, Mobil North Sea, HM Treasury, and the Scottish Executive.

Future Potential Earnings

Economics graduates have strong earnings potential, with the average starting salaries of graduates who become economists well above the average salaries of all types of jobs. 

Why Study Economics at Aberdeen?

Economics at the University of Aberdeen has a very good record in graduate employment. 
High quality teaching and effective, innovative and enthusiastic academic staff (teaching review by the Quality Assurance Agency).
There exists a strong research culture in Economics at Aberdeen University.  There are long-established specialist interests in Labour Market Economics and Natural Resource and Energy Economics, as well as growing specialism in Experimental Economics and Health Economics.

What Economics Graduates Say

“I chose to study Economics because it is a broad and interdisciplinary social science that allows you to study topics as wide ranging as how big a role the state should have in the economy to household decisions regarding how many children to have or how many hours to work. Practically anything can be analysed using economic models, so there is a lot of scope to focus on issues which interest you.”

“I loved it: the stimulation, the freedom, the new ideas, the new way of looking at things.”