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If you're wondering which type of degree is best for you then you need to read this PPT. Know how an economics degree is different from a business degree.
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BUSINESS VS ECONOMICS DEGREE: WHICH IS BETTER?
DEGREE IN BUSINESS Undergraduate business degrees will focus on core business principles initially, and then students would further specialize on specific areas. Business degrees are usually assessed using a combination of coursework and examinations and the focus is largely on case studies which gives a practical view.
Common skills gained from a business degree include: Financial analytical skills IT skills General research skills Self-management Independent learning Professional communication Team work Leadership Data analysis Identifying trends and patterns Knowledge of global market Critical thinking
DEGREE IN ECONOMICS The university core and electives may vary with the universities, but to a small extent. But here’s a general outline of what goes into a degree in Economics (this is reference to what Singapore Management University has on its website):
Examples of Economics electives: 1. 2. 3. 4. 5. 6. 7. Advanced Macroeconomics Advanced Microeconomics Economic Aspects of Maritime Law Economic Forecasting Economics of Ageing Economics of Politics Economics of Privatisation, Regulation and Competition Policy Environmental Economics Game Theory Health Economics Labour Economics 8. 9. 10. 11.
BOTTOM LINE Whether a degree in Business or a degree in Economics is best for is all dependent upon your interest. In terms of starting salary and career options, both these degrees are equally promising as Singapore universities prepare their graduates very well!
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