Business & Actuarial Studies
Economics
Economics teaches you how money, resources, and decisions work at both a personal and national level -- why prices rise, why some countries are richer than others, and how government policy affects everyday life. It's a mix of theory, real-world data, and analytical thinking.
Program objectives
- 01Understand core economic theory -- microeconomics and macroeconomics.
- 02Learn to analyze real economic data and trends using statistical tools.
- 03Build understanding of how government policy affects markets and people.
- 04Get exposure to specialized areas like banking, energy, or public sector economics.
Why choose this program
Opens doors across many industries
Banks, government agencies, NGOs, and private companies all hire economics graduates for research and analysis roles.
Sharpens how you think about everyday decisions
Even outside a formal 'economist' job, the analytical thinking from this degree is useful in almost any career.
Strong foundation for further study
Economics is a common and respected base for postgraduate study in finance, public policy, or business.
Skills you'll build
- Economic data analysis and interpretation
- Statistical and econometric tools (e.g. STATA, Excel)
- Policy analysis
- Research and report writing
- Analytical and critical thinking
- Numeracy
- Clear written and verbal communication of complex ideas
Tools & software
- STATA, R, or similar statistical software
- Excel and data visualization tools
Challenges to expect
Academic
- Involves a fair amount of maths and statistics, which can surprise students who expect a purely theory-based subject.
Personal
- Some specialized roles (research, policy) require ongoing self-study to stay current with the shifting economy.
Tips from the field
- Don't skip the statistics and econometrics courses -- they're often what sets strong economics graduates apart in the job market.
- Learn a statistical tool like STATA or R properly; most economics-related jobs expect at least basic data analysis skills.
- Read business and economic news regularly -- it makes theory click faster when you can connect it to real events.
Career paths
- Economist
- Policy analyst
- Banking and finance analyst
- Research officer
- Data/business analyst
- Civil service (government economic planning)
Where you can study this
| Name | Latest cutoff | Tuition (annual) |
|---|---|---|
| Kwame Nkrumah University of Science and TechnologyBA | 10(2024) | — |
| Accra Technical UniversityBSc | — | — |
| University of GhanaMPhil | — | — |
| University of Cape CoastBEd, BSc | 18(2025) | — |
| Ghana Communication Technology UniversityBSc | — | GHS 4,040–5,980 |
| University of Business and Integrated Development StudiesBA | — | — |
| University of Environment and Sustainable DevelopmentBSc | — | — |
| Knutsford University CollegeBSc | — | — |
| University of Energy and Natural ResourcesBSc, PhD, MSc | 24(2025) | GHS 6,175.13–6,175.13 |
| Ghana Institute of Management and Public AdministrationMSc | — | — |
| University of Mines and TechnologyBSc | — | — |
| Ashesi UniversityBSc | — | — |
| Ho Technical UniversityBSc | — | — |
| Wisconsin International University CollegeBSc | — | GHS 3,400–3,750 |
| Akenten Appiah-Menka University of Skills Training and Entrepreneurial Development (AAMUSTED)Diploma, BSc | — | — |
| Central UniversityBSc | — | — |
FAQs
Do I need to be excellent at Maths for Economics?+
You need to be comfortable with maths, especially in later years with statistics and econometrics, but you don't need to be the top student in your class.
What's the difference between BA Economics and BSc Economics?+
It varies by institution, but generally BSc versions lean more heavily into quantitative and statistical methods, while BA versions may include more social science and policy content.
Can I work in banking with an Economics degree?+
Yes, banks are major employers of economics graduates, especially for research, credit analysis, and treasury roles.
Is Economics the same as Accounting or Business Administration?+
No. Economics focuses more on understanding how markets, policy, and resources work at a broad level, while Accounting and Business Administration focus more on running individual organizations.
Can I go into government or policy work with an Economics degree?+
Yes, government ministries, the Bank of Ghana, and policy think tanks are common employers for economics graduates interested in that direction.
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