Choosing EconomicsChoosing Economics

By

The Department of Economics University College Cork

Typical QuestionsTypical Questions

• What is Economics?

• Why study Economics?

• What programmes teach Economics?

• What are the entry requirements?

• What are the career opportunities?

What is Economics?What is Economics?• When you turn on the television news

what do you see?

- An item on EMU or interest rates

• When you meet friends what do you talk about?

- The price of clothes or whether you an

afford to go out.

The Fact is Economics The Fact is Economics Affects Our Daily LivesAffects Our Daily Lives

Economics studies how people choose to use their limited resources to produce, consume and exchange goods and services.

A Challenging and Diverse A Challenging and Diverse DisciplineDiscipline

Addresses interesting issues such as:

• Does Government spending create employment?

• What strategies can firms use to be successful?

Why Study Economics?Why Study Economics?

• Economics develops:

- analytical skills

- quantitative skills

- research skills

• Computer training

• Preparation of professional reports

In what programmes is In what programmes is Economics taught?Economics taught?

• Arts• Commerce• Accounting• Finance• Business Information Systems • Computer Science• Social Science• Nursing Studies

• Food Business

BA Degree in EconomicsBA Degree in Economics

•Applied Public Policy

–Decision Analysis

–Economic Growth

–Public Expenditure and Finance

–Health Economics

• Applied Business Economics- Corporate Strategy- Human Resource Economics- Economics of industry- Financial Markets and Institutions

• Quantitative Methods - Econometrics

- Economic Survey Methods

BA Degree in EconomicsBA Degree in Economics

BSC COMPUTER STUDIESBSC COMPUTER STUDIES (Joint Honours with Economics) (Joint Honours with Economics)

• First Year - Principles of Economics

• Second Year - Microeconomics

- Data Collection and Analysis - Economics of Industry

• Third Year - Business Economics

- Quantitative Techniques - Capital Markets

• Fourth Year- Economics of Corporate Strategy- Econometrics- Mathematical Economics

- Law and Economics of Competition

BSC COMPUTER STUDIESBSC COMPUTER STUDIES (Joint Honours with Economics) (Joint Honours with Economics)

What are the entry What are the entry requirements?requirements?

• Achieve points

• You are not required to have taken Economics or Honours Maths for the Leaving Certificate.

First Year Economics is taught on the assumption that students have not studied the subject before.

Many Economic graduates Many Economic graduates do not work under the job do not work under the job

titletitle

““Economist”Economist”

Positive Career OutcomesPositive Career Outcomes

• Careers for a Lifetime in a Changing Job Market.

• An Interesting Career Path.

• Access to a World of Careers.

What are the career opportunities?What are the career opportunities?

Education, Research & Economic Consultancy – ESRI– Goodbody’s Economic Consultancy– Information Technology Colleges– Universities– Teasgasc– Department of Finance

• Banking, Accounting and Finance– Price Waterhouse or Ernest & Young– AIB Capital Markets– Lyolds or Natwest– Irish Life

• Firms & Business Organisations– Business Economists or Strategists – Managers – IBEC– Competition Authority