Economists explore how people and institutions behave and function when producing, exchanging and using goods and services. Economists’ main motivation is to find mechanisms that encourage efficiency in the production and use of material goods and resources, while at the same time producing a pattern of income distribution that society finds acceptable.
Economics will appeal to students with a wide range of interests. For students who are interested in current economic affairs or in understanding how public policies could lower unemployment or assist the developing world, then they will find studying economics both stimulating and rewarding. Economics is also a strong platform for careers in business and finance. Students who enjoy abstract thinking, and are evaluating courses such as engineering or physics, should also consider economics as a degree option.
Mathematics is a broad and diverse subject which is used to model, analyze and understand several applications in the physical and biological sciences, engineering, management science, economics and finance. Its numerous applications are naturally interwoven with the underlying theory which is essential in developing one’s logical reasoning, quantitative skills and problem-solving techniques.
Mathematics is an excellent choice for anyone hoping to meet the demand for mathematics graduates in the job market, which values numeracy, ability in abstract reasoning and the skill to turn ideas into methods. For students who have a natural ability in mathematics and are genuinely interested in applying mathematical solutions to problem solving, then this course will suit them well. It is also a great start for a career in actuarial work, finance or accounting, although these will require further training. The course has been successful over a long period in providing diverse career opportunities for many students.