Economics at undergraduate level

Economics is an exciting and challenging area of study, and has never been more relevant for so many people. Our graduates explore diverse and rewarding career paths, grounded in economics.

Remember, we teach university-level economics from 'scratch'; you don't need to have studied economics before (e.g., at Leaving Cert level). Most of the students who are studying economics now have not taken the subject before.

In many cases, such as the BA, B.Comm programme, you may sample a range of subjects in early years, and then have the option to specialise in economics i.e., take it as 'major' subject in your degree, or simply leave it as one of a number of components. Economics is a core part of our specialised BSc. (Financial Mathematics and Economics) degree, as well as in the BA (Public and Social Policy) degree.

Other undergraduate degrees with a particular focus, tend to provide a range of options in economics and other subjects which can form part of your overall study. So for example, economics options exist for students in a number of BA (Connect) programmes as well as in business degrees such as the B.Comm (Accounting) and the BSc(Business Information Systems). All of this reflects how influential and importants economics can be whether as part of a busines or more general 'humanities' programme of study.

A range of options

Within a course of study in economics, there can be great variety. Typically, there are core courses which cover the conceptual foundations of the subject, in the form of courses on economic theory. Theory in turns comes in two flavours: 'micro' economic theory which deals with the behavious of individuals and firms in markets, and 'macro' theory, which tries to explain of the economy as a whole, at national or international levels.

In later years, more advanced courses on theory follow, along with the study of the methods of analysis which economists typically use; in particular the mathematical and statistical tools which underpin economic analysis.

In addition, students may have the opportunity to take courses in economic history or the history of economic thought, as well as economics as applied to particular areas. For example, a hugely important area now is the economics of the environment. Equally, health economics is of enormous interest to citizens and policy makers alike. There are courses specifically on the economics of financial markets and money, on the economics of developing countries, the economics of international trade, as well as courses which study the economics of government policies. For many students, it is this wide applicability of economics across areas of life (economics is everywhere!) that sparks and sustains their interest, and an undergraduate degree can offer a a fascinating tour of this territory.

So there are lots of choices. Here's an overview of the main options, with links to more detailed information.

Head of Economics

Prof Eamon O'Shea

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t:+353 91 492501/492177

e: economics@nuigalway.ie