If you are a junior or leaving cert student that is trying to arrive at a suitable college course to study after graduating from secondary school, economics is certainly a subject that deserves some consideration.
The subject is primarily suited to students who might see themselves entering business and research-oriented roles in the future. It is also worth noting that by pursuing an education in Economics at university you are by no means confining yourself to a select branch of potential careers.
Economics is largely considered to be one of the more secure and broad that you can study after secondary school. Believe me when I say that this is something that will stand to you when you get around to navigating the job market.
By studying economics you will be presented with a vast selection of different careers which you will be able to enter when you finish up your studies. This means that you will have some choice when it comes to getting your first job or internship.
In this article, I will highlight the importance of studying economics at university as well as some of the benefits that might be presented to students who successfully complete a degree in the subject.
After reading you should find yourself with a newfound intrinsic motivation for pursuing some formal qualifications that will help you to unlock newfound potential in education and in your respective career path.
Why do students study economics?
The justification for opting to study economics at university is likely to depend on the respective student. However, we can certainly look at the most common reasons why a secondary school student might wish to put economics at the top of their CAO university course application form.
You might consider studying the subject at third level if you would like to learn more about markets and develop an understanding of how the world works. You may have heard economics being referred to as the queen of social sciences, and this is because the subject is all about choice and is at the heart of all decision-making.
Economics is actually rather broad in scope and extends far beyond what is thought as part of the secondary school curriculum throughout schools in Ireland. The subject provides an explanation for how people, businesses, governments, and even families, schools, and charitable organizations make decisions with limited resources.
You can see why the skills that graduates develop throughout their time studying economics at university are so sought after in the contemporary workplace! In fact, a large portion of the top positions graduate with degrees in economics, finance or accounting!
Some people decide to pursue an education in economics because by working in the field they will inherently have the capacity to make the world a better place to live. Economics is at the heart of many social problems facing the world, including unemployment, inflation, poverty, pollution, health care, human rights, and gender and racial inequality.
It is the job of an economist to employ preventative and effective solutions to these issues so that our economy can continue to function. Unfortunately for students, this requires rigorous study and subsequent training in economics.
What does a degree in economics present to graduates?
Economics will help you to develop a wide range of analytical and critical thinking skills, which open up many diverse career opportunities. Economic analysis also hones your skills in understanding and influencing today’s global policy debates.
By achieving a bachelor’s degree in economics you will be well equipped for a career in not just business, banking, government, and financial transactions, but also areas such as urban planning, international development, policy analysis, journalism, education, and the non-profit sector.
As you can see there is something to get for everyone in economics, regardless of what the end goal is when it comes to your respective career path.
Having a bachelor’s degree in economics on your resume is an attractive asset for employers and will likely at the very least serve as an interesting conversation piece in your future interviews.
Perhaps you want to pursue an education in the public sector as part of a diverse NGO team and have no academic background in the subject or other business-related fields. Being able to communicate that you have both a familiarity and interest with core concepts of economics such as price sensitivity and budget constraints, can go a long way towards bridging this gap.
Studying economics will open a lot of doors for you, and it may also serve to facilitate progression in your current career path. Upskilling your competencies will help you to secure employment and even help you to differentiate yourself from other candidates.
How to get the most from your learning
Choosing to get help from a professional economics tutor can have a significant impact on your progression in your exams and within the workplace.
Not only can they coach you through how not to perform certain tasks that you might be required to complete in the typical workday, but they will also be able to tailor your lessons to target areas of weakness that are specific to you.
Don’t worry if you are a complete beginner, working on an international project with companies such as Deloitte, or with the Irish government. Superprof has countless economics tutors capable of helping you with the subject at all levels!
Many of these tutors that list their services across Ireland offer lessons either at home or through online alternative learning options, so these may be viable solutions if you are looking for help on top of your leaving cert workload.
You should also choose a teacher that you work well with, Confidence is key when learning economics so being comfortable around your tutor is a must so that you aren’t afraid of making mistakes, Afterall that is how you learn!
Regardless of whether you are a master economist, or you are just starting out with the subject, there are countless resources and opportunities for you to avail of scattered around the island of Ireland!
What if you are unsure about studying economics at university?
Selecting the college course that you wish to pursue over the coming years should be an exciting decision. Try not to spend too much time worrying about it, especially if your choice is to study economics, jobs in this sector are always in demand!
For students who may be uncertain about what they would like to study in university but have a keen interest in economics then selecting a more broad degree or choice of subject in conjunction with an arts degree might be more suitable.
Economics, Politics & Law or as it is more commonly referred to as ‘EPL’ is a great course for students interested in economics and those who are not entirely sure what exactly they would like to study right away.
As the name would suggest the course combines aspects of economics, Politics & Law, providing students with a holistic understanding of each component before allowing them to specialise in their area of choice.
Specialising in Economics will present students with an in-depth understanding of the more complex aspects of economics, capital markets and financial modelling.
Here is some advice to help you decide if economics is for you!
Get your college course with the help of an Economics Tutor
Now that you have some direction surrounding the advantages of studying the subject, you should consider availing of some help in order to ensure you maximise your chances of securing your place in your dream course and studying economics at the university!
You could certainly enhance your prospects of getting a place in your preferred course by availing of a professional economics tutor from Superprof!
Students may also select their tutors according to their qualifications to best suit their particular needs across the accounting syllabus. Alternatively, students can select their tutor based on their respective rates to best suit their budget.
The hourly rate for an economics tutor varies from about €13 right up to €32, with some tutors offering a reduced rate for 5 or 10-hour packages.
The majority of economics tutors offer their first lesson for free, giving students just like yourself the opportunity to try out the service before making any commitments.
Having a mentor to advise you in your preparations can prove extremely beneficial for students.
After all, you don’t get a choice in what lecturer you get in college, so having the option to select your preferred tutor after availing of a free trial session allows students to select a tutor which works best with their preferred style of learning.
The service provides students with a degree of flexibility in how they learn. Students can choose whether to learn through both ‘in person’ and ‘remote’ options, either in the home of the student or tutor or via webcam.
With a Superprof tutor, you can get your place on your dream Economics course. Why not get started today?
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