Economics
Choosing a career in economics opens doors to a global journey, where professionals contribute to shaping policies, analyzing trends, and fostering economic development on an international scale. Explore the diverse opportunities that await economists beyond national borders.
Navigating the International Economic Landscape
1. International Organizations and NGOs
Joining international organizations and NGOs is a common pathway for economists to contribute globally. Organizations like the International Monetary Fund (IMF) and the World Bank provide platforms for economists to work on critical global economic issues.
2. Economic Research and Analysis
Engaging in economic research and analysis on an international scale allows economists to contribute valuable insights. This may involve collaborating with research institutions, think tanks, or government agencies to address complex economic challenges.
Why Pursue International Opportunities in Economics?
1. Impacting Global Policies
International opportunities in economics allow professionals to impact global policies. Working on an international stage involves analyzing economic trends, providing insights to policymakers, and influencing decisions that shape the economic landscape worldwide.
2. Understanding Diverse Economic Systems
Engaging in international economics exposes professionals to diverse economic systems. From emerging markets to established economies, economists gain a nuanced understanding of the intricacies that drive global economic dynamics.
3. Contributing to Sustainable Development
Economists working internationally often contribute to sustainable development goals. Addressing economic challenges on a global scale involves creating policies that balance economic growth with environmental and social considerations.
Global Hubs of Economic Excellence: Where Opportunities Flourish
1. Washington, D.C., USA: Center of Economic Policy
Washington, D.C. serves as a global center for economic policy. International organizations and think tanks in the city provide economists with opportunities to influence policy discussions and contribute to the formulation of economic strategies.
2. London, United Kingdom: Financial and Economic Hub
London, a financial and economic hub, offers economists exposure to global financial markets and economic research. The city’s diverse economy and thriving financial sector make it a vibrant center for economic professionals.
Economics Degree Types
1) Bachelor of Economics –
2) Masters in Economics
3) PhD Economics –
Economics Professionals Salary
- Average starting professional salary: £30,000
- Average starting non-professional salary: £20,000
- Undergraduate degree in economics in the UK is between £15,000 and £23,000 per year
- Postgraduate degree in economics, the average tuition fees are between £16,000 and £30,000 per year.Â
Economics Degree Tuition Fees
| University | Course | International Fees |
|---|---|---|
| University of St Andrews | Economics BSc | £30,000 |
| University of Oxford | Economics and Management BA | £40,000 |
| University of Cambridge | BA Economics | £25,000 |
| London School of Economics and Political Science | BA in Economics | £28,000 |
| University of Warwick | Economics BSc | £25,000 |
