Economics, at its fundamental level, is about the allocation of scarce resources.

Since resources like goods, services and money are limited, economists study and look at how governments, businesses and people can use and allocate resources to satisfy their wants and needs.

An Economics degree will help you gain an in-depth understanding of various economic concepts and theories. This will help you understand major issues and debates relating to the field at both micro and macro levels, in both national and global economies.

To pursue a Degree in Economics, the typical entry requirements are:

• A-Level: Minimum 2Es; or
• STPM: Minimum 2Cs; or
• Australian Matriculation: Minimum average of ATAR 60; or
• Canadian Pre-University (CPU): Minimum average of 60%; or
• Relevant Diploma: Minimum CGPA of 2.00; or
• Foundation in Arts or Foundation in Business: Minimum CGPA of 2.0; or

You may also need to have a minimum of 3 credits in SPM, including a pass in Mathematics and English.

That said, the entry requirements may vary depending on the university, so be sure to do your research!

A Degree in Economics is typically 3 years long.

To pursue a Degree in Economics, you need to have an SPM qualification or equivalent. On top of that, you also need either a Pre-U qualification like a Foundation in Arts or Foundation in Business or you can go with the Diploma route.

Upon completing your pre-university or foundation programme, you can proceed to an Economics Degree. After that, you can choose whether to pursue your postgraduate studies or join the workforce.

Once you complete a Degree in Economics, you can consider the following job options:

• Economist
• Market research analyst
• Policy analyst
• Economics journalist
• Economics lecturer

Other careers where you can utilise your Economics education include:

• Management consultant
• Statistician
• Data analyst
• Financial risk analyst
• Accountant

Different students may have different preferences when it comes to choosing the right university. Here are some questions to consider when making a decision.

• Is the institution’s Economics course accredited by the Malaysian Qualifications Agency (MQA)?
• Do you understand the fees of the course, and are the costs affordable to you?
• Are you comfortable with the location of the university?
• Have you visited the campus, and do you like the campus environment and facilities?
• What support services does the institution have to help you in and beyond university?

For more points to ponder, check out these 10 important things to consider when choosing your future college.

Not sure if studying a Degree in Economics is right for you? Here are some articles that may help:

• Your Guide to an Economics Course in Malaysia
• Quiz: Is Business a Good Fit for You?
• The Ultimate Guide to Choosing the Best College Programme (Part 1, Part 2, Part 3)

Want to explore other interesting courses? Explore fascinating programmes like Business, Finance or Actuarial Science or check out our comprehensive course guides to see if any other degrees will spark your interest.