Economics (Hons) Bangor University

Overview

By gaining insights into how economics improves our understanding of how the world functions, you will develop valuable analytical, numerical, data analysis and problem-solving skills. This helps you to understand how people, firms, institutions and governments make decisions, and the implications of such decisions on individuals, businesses and society.

Economics is more than a study of the production, distribution and consumption of goods and services. It focuses on how people, businesses and governments interact with each other and their surroundings in the face of scarcity or adversity – how choices and decisions impact individuals and society. Governments use economic data to guide their response to pressing issues such as how to reduce public health costs. Businesses develop strategies on anything from pricing and advertising to investment in product development. For individuals, economics affects which house we can afford or how much we must save for retirement.

Careers

A degree in Economics can serve as a springboard for a variety of careers – in research, policy analysis, management and administration, commerce, banking or finance.

The widely transferrable analytical and problem-solving skills you gain, coupled with your understanding of individual, organisational and political behaviour, will be valuable in almost any career.

Our graduates are employed in the civil service, local and national government and elsewhere within the public sector, as well as non-profit organisations, charities and the private sector. They have worked for employers as diverse as the National Assembly, Department for Environment, Food and Rural Affairs, the European Commission, Qatar University, Midland Health Board, Lucas Aerospace, Atkins and Northern Rail Ltd.