Why study economics?

Posted 16 September 2019
Holland ISC economics student

What is economics?

Economics is a social science that deals with the production, use and transfer of wealth. It concerns issues that impact on financial situations and examines the distribution of wealth amongst organisations and individuals. It incorporates a number of subject areas such as politics, law, sociology and geography. There are a variety of different areas of economics you could explore or specialise in. Some of these areas are:

  • Development economics - focuses on the development process in low-income countries
  • Business economics - the application of economic theory and methodology to business and businesses
  • Environmental economics - concerns the economic impact of environmental policies
  • Macroeconomics - covers large-scale economics factors.

A degree in economics covers current real-world issues. While the course has a focus on mathematics and its application to economics, it also includes a theoretical aspect to build an understanding of economic models within different societies. You will learn how organisations and individuals make international decisions and how to forecast potential changes in the world of economics.

Reasons for studying economics

Economics is a broad field that offers a variety of benefits. A few of the reasons to study economics at university include:

Strong job prospects

A degree in economics is highly respected by employers. You will gain a strong knowledge of how the world works and a variety of highly transferable skills that are sought after by a range of industries and employers. Examples of the jobs that you could pursue include:

  • Stockbroker
  • Economist
  • Data analyst
  • Chartered accountant
  • Statistician
  • Market research analyst
  • Economic consultant

You will also be qualified to work in jobs not directly related to your degree. Some of these jobs include:

  • Business development manager
  • Data scientist
  • Management consultant
  • Policy officer
  • Credit analyst

Highly desirable transferable skills

Studying a degree in economics will give you a range of subject-specific skills that allow you to apply your knowledge of economics to real-world situations. The transferable skills you learn from economics are sought after by a variety of employers, whether you are looking to pursue a related economic career or explore other fields. You will have a unique way of thinking that you can apply to everyday problems. You will develop a range of skills such as:

  • Critical thinking
  • Communication
  • Numeracy
  • Research skills
  • Commercial and cultural awareness
  • Data analysis
  • Time management
  • Teamwork
  • Problem-solving
  • Computing

Understanding of how the world functions

Economics is an important part of the world around us. It affects everything from how much we pay for goods and services to how much employees get paid. Studying economics at university gives you a new view of the world and how it functions when it comes to business and economics.

Gain a unique pool of knowledge

Studying an economics degree can be very rewarding and can be a great option if you want to have a wide range of opportunities after graduating. It opens up a number of paths thanks to the skills and variety of subjects it uses. You will explore questions that are key to the world’s economy, from what causes an economic crisis to how wealth is distributed around the globe. Economics is a degree that covers aspects of politics, sociology, psychology, history, mathematics, business, finance and international relations giving you strong general knowledge.

Why study an economics degree in Holland?

Top-ranked universities for economics

At Holland International Study Centre, you can progress to an economics degree at one of the best universities for economics. Tilburg University and Erasmus University Rotterdam are two of the highest ranked business schools in the world. Tilburg University is 28th in the world for Business and Economics (Times Higher Education World University Rankings by Subject 2019) and has an excellent reputation for research-led Business and Economics degrees. Erasmus University Rotterdam is 32nd in the world for Business and Economics (Times Higher Education World University Rankings by Subject 2019).

Study the International Bachelor Economics & Business Economics in Rotterdam

The BSc International Bachelor Economics and Business Economics covers a range of international issues relating to economics and business economics. It is taught at Erasmus University Rotterdam and will immerse you in subjects such as micro and macroeconomics, behavioural economics, marketing and mathematics. It is an analytical programme that will prepare you for a wide range of careers.

Study the only single Economics degree in Holland

Tilburg University is the only university in Holland to offer a single Economics degree - Bsc Economics. Choosing to study this degree means you will follow a unique programme in Holland that purely focuses on economics. You will cover topics such as development economics, international trade and macroeconomics.

International students who do not meet the requirements for this course can study the Business, Economics and Social Sciences International Foundation Year at Holland International Study Centre to progress on to the degree.

Degree preparation

Victoria studied at the International Study Centre

The International Foundation Year in Business, Economics and Social Sciences will prepare you for studying IBA at one of our partner universities in Holland. Find out about modules, assessment, term dates and degrees you can progress to after this course.

Economics related events

Tilburg University offers a unique opportunity for students to find out vital information about their future employers and help them find the perfect job. It is one of the largest on-campus recruitment events in Holland and it provides students with insights into a variety of companies operating within a range of sectors. Through workshops, presentations and training sessions students are offered the chance to gain contacts and get tips to improve their CV and prepare for their career.

Holland has the 6th largest economy in the eurozone

Holland is one of the best countries to study economics in due to the recent growth of the Dutch economy. It is the sixth largest economic power in the eurozone and the fifth largest exporter of goods. Nearly 160 million people live within a 300-mile radius of Rotterdam, including more than half of the population of the EU - making it a hub for trade. From Holland, 80% of exports go to other nations in the EU and 70% of imports Holland receives comes from the EU. It has low unemployment rates, a GDP capita above the EU average and sights on further employment growth.

Key economic location

Studying Economics in the Netherlands means you will get to benefit from its key economic location. It sits close to Brussels (a centre of European institutions), London (a leading financial centre) and Frankfurt (home to the European Central Bank).

Opportunities to stay in Holland to work after graduation

After you graduate from university in Holland, you are welcome to stay in the country and pursue your desired career. With a post-study work visa, you will be able to explore the fast-growing industries and global employers based in Holland. Discover more about starting your international career in Holland.