In studying at the Bachelor of Economics you will learn how individuals and society make choices about how scarce resources are used, what products are produced and who gets to consume them. These choices depend on evaluating costs, benefits, risks and effects on others. The constraints affecting these choices are many and include income, technology, natural resources, legislation and time.
Economics is traditionally divided into two broad branches: microeconomics and macroeconomics. Microeconomics involves the decisions of individual units, such as a firm producing goods and trying to make a profit or a household earning income, buying products and trying to achieve the highest level of satisfaction. Macroeconomics looks at the factors that determine the total output of the economy as a whole and analyses the mechanisms that cause inflation, unemployment and growth. All of our students study microeconomics and macroeconomics, but there is also a great deal of choice within the Bachelor of Economics. Indeed, Economics at Neapolis University is taught in conjunction with the business disciplines of finance, marketing and management and enables students to use economic reasoning taking into account the business context in which economic decisions are taken. No previous knowledge of economics is required for entry to first year.
Students graduating from the Bachelor of Economics will have a good understanding of key economic concepts, theories, and analytical skills to critically interpret and manipulate economic data. They will possess communication, IT and research skills to express their views in a professional and effective way and will have acquired through their training the ability to work effectively as part of a team.
Graduates of the Bachelor of Economics will be ready for successful careers in the financial sector, in government as economists, or for graduate study.