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) | — |
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.
Related programs
Business & Actuarial Studies
Accounting
Accounting teaches you how to track, manage, and report financial information for businesses and organizations. You will learn how to audit financial statements, calculate taxes, manage budgets, and use accounting software to keep companies financially healthy and compliant with regulations.
Business & Actuarial Studies
Accounting and Finance Analytics
Accounting and Finance Analytics merges traditional financial accounting with modern data science. Students learn how to extract financial insights from large datasets, build predictive financial models, and use business intelligence tools to guide corporate strategy.
Business & Actuarial Studies
Actuarial Science
Actuarial Science teaches you how to use maths and statistics to predict and price risk -- mainly for insurance, pensions, and investments. You'll learn to build models that estimate how much things like life insurance policies or pension funds should cost, based on real data about how likely certain events are.
Business & Actuarial Studies
Banking & Finance
Banking and Finance teaches you how money moves through the global economy, how financial institutions operate, and how to manage investments, risk, and corporate capital. You will study financial markets, corporate finance, banking regulations, and investment strategies. The program blends quantitative analysis with real-world business decision-making, preparing you to navigate complex financial environments.
Business & Actuarial Studies
Bilingual Secretaryship and Management Studies
Bilingual Secretaryship and Management Studies prepares students for high-level administrative roles in multinational and diplomatic environments. It combines advanced office management and business studies with rigorous training in a second language (typically French or English) and cross-cultural communication.
Business & Actuarial Studies
Business Administration
Business Administration gives you a broad foundation in how organizations are run -- covering accounting, marketing, finance, human resources, and management all at once. It's a good fit if you're interested in business generally but not ready to commit to one narrow specialty yet.