How Can I Find Economics Tutoring Near Me? Economics is a fascinating subject. They say money makes the world go round and economics can help you understand it. However, economics isn't just studying money, economics is actually the study of wealth and how it's produced, consumed, and transferred. Economics students can learn about concepts such[…]
25 August 2023∙7 minutes to read
What is inflation and why it is important Everyone is talking about inflation today, and students may wonder why they should study it if it is going to happen anyway. There is some truth in this. Indeed, inflation is always present in our economy, even if we are not always aware of it. However, this[…]
18 January 2023∙6 minutes to read
How Money Flows Into Social Media Platforms How long ago was it that Facebook debuted? I remember my eagerness to create my account in those early days, so I could track and stay in touch with my scattered family and long-ago school friends. At the time, I thought it was wonderful that this new service[…]
1 July 2022∙7 minutes to read
The Economic Impacts of War in Ukraine People start wars for all sorts of reasons. Sometimes they are provoked into war; other times religion or the belief that their nation is superior and they have to prove their belief by force prevails. All animals, especially the more evolved species, fight each other for resources, mates[…]
14 April 2022∙7 minutes to read
In an era increasingly dominated by economic complexities, the field of economics offers vital insights into how markets operate, the forces that drive financial systems, and the overarching impact of economic policies on everyday life. With the expansion of global markets, several new career opportunities have emerged in economics that were scarcely recognized in the past, such as environmental economist or fintech analyst. These roles are not only lucrative but also offer the flexibility that today’s professionals seek. Economics can seem like a daunting subject, but thanks to our excellent economic resources and talented economic tutors, you could become a modern-day John Maynard Keynes.
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Which Economics Degree should I Choose? Deciding which university undergraduate course to study and the application process can be an overwhelming time, it can be tricky finding which university and bachelor degree is the best one for you. Luckily, if you are a year 12 student who is interested in pursuing a profession in economics,[…]
6 November 2021∙8 minutes to read
Find the Right Teacher for Economics Tutoring Economics is the fascinating science of supply, demand and trade, and how they affect society from small businesses to global markets. Studying the free market opens your eyes to how everything you buy is part of a larger system. Just the word 'economics' can be overwhelming when students[…]
18 June 2021∙6 minutes to read
Grasp The Basics of Econometrics The topic of econometrics came up while chatting with a friend the other day - yes, we talk like that a lot. She holds a degree in accounting and works in a government tax office; it would seem that she might know at least something about it, right? Colour me[…]
5 May 2021∙7 minutes to read
Learn More About The History of Economics Economics is not a static field. While the laws of physics, chemistry or biology may be concrete, economic models and accompanying theories continue to evolve. This is because economics is a social science, and so there can never be any concrete answer as to which economic model or[…]
17 July 2018∙7 minutes to read
What Is Economics? Economics is a broad area, with a lot of concepts and ideas that can be difficult at first to come to terms with. Below we introduce common theoretical concepts and areas in economics that you may see during your economics studies. To fully grasp them, though, we have to understand how and[…]
10 July 2018∙12 minutes to read
Getting Back to Economics Basics Economics can be a difficult subject to define and understand. Below, we take you through the key things you should know about economics. What Is Economics? Economics can be notoriously difficult to define as a subject, which is not particularly helpful if you’re currently studying economics at school or university.[…]
5 June 2018∙7 minutes to read
Learn More About The Most Famous Economists and Their Theories If you’re studying economics at secondary school, or if you’re an economics undergraduate at university, there are lists upon lists of famous economists, economic works, as well as economic theories that you’re expected to understand. In fact, some would say it's a common assumption that[…]
29 May 2018∙6 minutes to read
Create Your Own Online Economics Course Thankfully for economics students and undergraduates, there are so many online tools available to help improve your economics knowledge and grades. Often, the key to improving your academic performance and bringing out your inner economist is to deepen your overall understanding of the subject matter. So when it comes to[…]
25 May 2018∙7 minutes to read
Improve Your Performance with Economics Tutors If you need help in your economics course, or just want to move up a grade in your exams, then getting an A-level economics tutor may be the easiest way to improve your academic performance. We’ve outlined below all the things you may need to think about before you[…]
14 May 2018∙7 minutes to read
Why Study Economics?
The relevance of economics has surged as the world becomes more interconnected and digital. But why specifically should one choose to study economics? Here are three compelling reasons. Firstly, economists are well-compensated. Entry-level positions in economic consultancies and international organisations often offer salaries starting at £40,000 or more. Thus, if financial security is a goal, economics is a prudent choice. Secondly, the subject offers the flexibility of working from anywhere—be it policy think tanks or freelance consulting, allowing for a balanced lifestyle tailored to individual schedules. Thirdly, the analytical and research skills developed through economics are highly prized across various sectors, enhancing employability and career versatility.
What are the Specialisations within Economics?
Many outsiders to the discipline do not realise the breadth of specialisations within economics. Each branch, from microeconomics to macroeconomics, behavioural economics to econometrics, addresses different aspects of economic theory and application. This diversification necessitates that students engage deeply with specific areas of interest, equipping them with targeted expertise whether their focus is on policy formulation, financial consulting, or market analysis.
What Jobs Are Available to Economists?
Upon completion of their studies, economists can enter a job market replete with opportunities in diverse settings such as government departments, research institutions, and multinational corporations. The skills developed—quantitative analysis, economic forecasting, and strategic planning—are in demand in numerous roles. Typical positions include economic consultant, policy advisor, financial analyst, and market researcher, among others. These roles not only promise excellent remuneration but also often come with the perk of flexible working environments, ideal for those who prefer a dynamic or semi-autonomous work life.
Tips to Study Economics
To maximise success, aspiring economists should heed advice from seasoned experts in the field. Practical engagement with the material, such as applying theoretical models to current economic issues, is crucial. Additionally, seeking clarification and assistance when needed, whether through academic mentors or professional services, can enhance understanding and retention of complex concepts. Lastly, staying abreast of current developments by subscribing to economic journals, participating in seminars, and engaging with global economic news can significantly enrich a student’s learning experience and professional preparedness.
In conclusion, studying economics not only equips individuals with the tools to understand complex global issues but also prepares them for a dynamic array of career opportunities. It is an invaluable discipline for anyone looking to make a significant impact in the evolving world landscape.