WHAT AN ECONOMICS DEGREE IS LIKE! 🤓 Bath uni
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- čas přidán 8. 04. 2020
- Everything you’ve asked me about an economics degree! Specifically at bath uni!
Topics covered:
1:17 semester 1 modules
7:55 semester 2 modules
11:54 placements
12:40 grade requirements
13:20 is the teaching good?
14:33 is the maths significant?
15:32 other unis I applied to
18:32 personal statement
BATH FRESHERS EVENTS
alistbath
alistbath/events
My economics personal statement:
The documentary 'The Big Short' about the financial crisis of 2008 sparked my interest in Economics. It showed how Wall Street bankers predicted the housing market crash and shorted the bonds to make millions. The film inspired my extended project where I constructed and critically assessed arguments from different sources to investigate 'Was the activity of the Federal Reserve to blame for the 2008 financial crisis?'. An article in The New York Times that particularly interested me, 'Reagan Did It' by P. Krugman, explored how the deregulation of banks was to blame for the crisis. Consequences of 'Reaganomics' including rising inequality contributed, but it was the increasing debt caused by Reagan's fiscal policy that left the economy 'ill prepared' for the 2008 trouble. By studying finance modules as part of the degree, I hope to gain an even greater understanding of this event. I have really enjoyed studying macroeconomics in Economics, exploring how economies as a whole operate. Fiscal policy and the multiplier effect, Keynesian theories developed in attempt to understand the Great Depression, are of particular interest to me. In the BBC documentary 'Masters of Money', my attention was caught by a notion explaining why events do not always follow economic theory: 'Economies are made up of people not numbers'. For example the concept of inferior goods explains why demand does not always increase following a fall in price, although in theory it should due to the income effect and substitution effect. There will always be new theories developed in attempt to explain holes in the subject, which is why Economics is fascinating to keep up with and why I want to study it. Should economic growth be the government's key focus for the economy despite the environmental damage it causes? Questions such as these make me curious about the economics versus ethics argument. Although economic growth leads to a higher standard of living, disadvantages include pollution and rising inequality. I learned more about this topic by reading 'The Economics of Sustainability' by J. Farley, part of a book that covers many different perspectives on sustainability. The Economics section explores potential ways to ration scarce resources in order to preserve them for future generations to have a quality of life equal to or better than our own. Sustainability is becoming a priority in the modern world, reflected in the Sustainable Development Goals. I am looking forward to studying this topic in more depth as it is relevant to economic development, differing worldwide. Attending the KPMG Discovery programme gave me an insight into the finance industry. I worked on a restructuring project which involved using my A level economics in practice to advise a business that had recently been in the news for financial problems. It linked economics with business management, which is something that I have enjoyed in my DT theory work too - investigating cost cutting, just in time production and efficiency. I took part in the ICAEW Business and Accounting Competition where my team attended the national final. We worked together on a business management project which furthered my communication and presentation skills. Our team received a highly commended award, coming in third place out of fifty teams. My interest in Mathematics lead me to Economics as I recognise that Statistics specifically, is significant to the subject. This year I gained a silver award in the Maths Challenge and took an AS in Further Maths to gain skills in analysing problems logically and critically. I regularly read about topics linking Statistics and Economics on 'The Balance' including articles on loans and investment as I like to learn about how my A level theory work applies to real life. Global events such as the Great Recession make me realise how influential economics is. I am excited to watch it develop as the world changes, and for the challenge of studying this complex subject.
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Great video and amazing personal statement!! Thank you for giving so much insight ☺️
Thank you so much for sharing your personal statement Mia! Super helpful!
Thanks so much for this just accepted bath for economics next year!
How you getting on?
This video really helped, thank you very much
This vid was so helpful.. thank you
This was so helpful & you're so pretty. Tysm
Hi Mia, this was so helpful once again thank you so much! Do you get access to the powerpoint slides of your lectures in advance so you can annotate them or something? Also, I really love development economics too and I was wondering if it’s a career interest for you, and if yes, do you know what related job roles there are? Sorry if this is confusing I’ve just done a lot of research to get an idea of what a career focused on development economics actually consists of and still not too sure. Thanks again for your help! :)
Hey, yes I think we do get the slides a few hours ahead of lectures but not entirely sure because I never look tbh 😅 and yes development econ is defo a career interest for me!! I think a lot of jobs in this field are working for charities that help developing countries, maybe statistics/data jobs as well like for ONS, World Bank etccc xx
Loved your video, keep it up. I've now watched on your channel for the 3rd time. Keep it up!!! I studied Aqa A-level Economics.
Thank you :)
How much expenses will it require to do medical engineering course in bath uni with accomodation
Hi Mia! My name is Jacky, a high schooler from Mongolia and I am still wondering what major to choose. So, who do you think should choose economic as his or her major? Like what are the characteristics or interests should someone have to study econ in your opinion? Thank you very much
math and management are really important aspects to you, of which you should be interested I think.
In my view: math, business management, money, wealth if these things interest you, this major will be perfect for you!
hi it's 3 years later but any updates about what major you chose? 😭
how do you study for econ ? like how do you organise your notes?
I'm two years into an Econ degree at Leeds and it's very similar
Ah lad, Leeds. I was born in Bradford (Bradfud LOL). I have lived in the US for a number of years and have my degrees from Pennsylvania State University. I go back to the UK fairly often to see relatives and friends. I went to grammar school years ago in England and my daughter got her MLitt in International Business from the University of Saint Andrews in Scotland so I'm familiar with the British system.
I've gotten an offer from Bath for economics and it is now probably my first choice. However I was wondering if you could drop in on any sort of lecture, as I also love physics and maths and wonder if I could sneak into these lectures for other subjects from time to time?
did you sneak in?
Hey Mia, loved the video. ♥️
I have basic knowledge of economics but didn't take it in school. I am planning to major in it.
Someone told me there's a lot of math in it, so only take eco, if you like math. Is that by any means true?
Yes that’s so true! Over half the degree is maths :)
@@miaalicex heyyy but I heard the maths is doable?? Thoughts?
@@sharmanveraj3281 yeah I guess depends on your ability haha
so helpful ty x
Great video - I am about to start second year at A-levels. I don’t study economics. How far behind would I be if I did a degree in economics? (I do study maths however)
I’d be confused if I hadn’t studied economics before tbh. But you could learn basic economics by yourself before or during uni. They don’t teach basic econ very clearly at uni they assume you know it x
@Detsky but having econ at high school is a plus point. As miaalicex said, they don't teach basic econ clearly at uni it's true. I've studied economics before in high school, that's why at least I can understand what's going on in class otherwise it will be very hard to even understand the concept of economics.
Bath is 31st in the league table for economics, do u reckon that really matters or does every uni just offer a similar experience and it being down to an individual’s performance?
Dont listen to the guardians ranking. Bath is top 10 for economics, guardian value their rankings using a different metric, (they ranked stirling over lse) look at the complete university guide its 9th.
Guardian value student satisfaction, research performance and employment percentages as high critea which may be less for bath, but not as much Starting salary post grad, entry requirements etc.
Thank you so so much. Hope I get meet you this year at Bath. Love from India 🇮🇳💙
Perv
How is an economics degree like compared to A level? Did it meet your expectations?
A lot harder than A level and way more maths than I thought
interesting xx
Hi, I'm considering applying for Economics at university. I haven't been studying Economics at alevel. I'm studying maths, further maths and physics, so I'm assuming the maths side would be easier for me to pick up than it was for you, but of course I'd struggle with micro/macro economics, whereas you found that easy. My question to you is do they teach micro and macro economics as if you're first learning it, or do they treat it as if its just a quick revision of the alevel course? In other words would I be able to learn it while at uni easily enough or would it be advised to learn it all over the summer in between finishing college and going to university?
Quick revision, not as if you’re first learning it. I would recommend learning a bit of it over the summer! But doesn’t have to be crazy amounts of work
@@miaalicex does the economics degree involve writing lots essay?
@@itsyourtime6900 yes :)
@@miaalicex would you consider economics to someone who doesn't like writing essays but likes maths? Thank you
@@itsyourtime6900 yes I would! there’s lots more maths than essays :)
Is the math difficult?im really concerned cause am not good at math
yes it is relatively difficult but if you do A level maths and get an A grade then you’ll be fine!
"It is almost impossible to watch the sunset and not dream."
~Bern Williams
"Walking Distance to the River walk"
~AloysiaAndAvery, InITTogether🌻
do you think it’s possible to get an offer with aabb predicteds?
I really don’t know, it’s definitely possible but technically you need A*AA so that would be 2 grades difference
Did the further maths help or do you not need to do it??
You don’t need it the only useful thing u learn is game theory but not all further maths students study game theory.
@@jameslee5757 the best unis strongly recomend further maths like lse, cmabridge and ucl
@@Nathaneal51 yeah i do it and its a very highly rated A-level but it doesn't relate that much to economics in terms of A-level content.
Do u know anyone studying Economics who has done an internship after the first year?
No I don’t. Pretty much everyone is doing a placement year after 2nd year though
Ok thanks for responding. Which year do people commonly do a summer internship, during a 3 year Economics course?
Denian Omeri I’ve got no idea sorry! I guess you can choose
Is further maths required?? And my school doesn’t offer economics for a level, would that affect me at uni doing economics?
No and no xx
Can you please give us the list of textbooks that economics students need to study in year 1,2,3
It will vary depending on what lecturer teaches you each module as they all have their personal preferences for teaching :)
@@miaalicex can you please do a favour and put the books which you have studied in uni on the floor and take a photo for each single year (1,2,3) and email it to me. 😘
@@aypibar3478 I haven’t got any books! I rented them all from the library. It’s a waste of money to buy them. Also there’s no need to prepare, just get the books when you get to uni.
If I, who am not studying A level economics, chose to do an economics degree how would I find it in your opinion? As in would it be much harder for me ? Also how many ppl actually took A level economics in ur uni, like is it the majority
I'm not an uni student yet, but I don't think not studying A level economics would impact you too much by the time you get to uni, hence why most unis don't list it as a requirement. So long as you have an interest in economics (obviously why you'd want to study it lol) and keep up with current affairs I think you'll get the basics x
you'll be fine, I didn't do a level Econ and my lecturer for microeconomics asked in the first lecture "how many people did economics a level?" and after about half of the people in the lecture theatre raised their hand, he said "good, that will be helpful for about a week"
whoisshe May I ask what you chose for ur A levels? As I wnat to study economics but I’m not sure what subjects to choose.
F.A.Y.E Maths is very very very important for economics, especially if you choose a BSc econ degree and not a BA. I did maths, further maths, English Lit and Spanish. Further maths isn’t necessary unless you wanna go somewhere like LSE but it does make the maths at uni easier but, as not everyone does it, they still teach you thoroughly. English or a subject where you do extended writing is important due the essays you have to write in an econ degree so I would choose something like English lit or something like history if you don’t want to do economics a level. I did Spanish because I enjoyed it. Economics a level allows you to write extended essays so if you don’t want to do something like English or history you can still pick econ. Hope this helps :-)
@@trinity5919 i am trying to figure out wht exactly to do with my lifee , was considering medical just cuz society expects tht even tho i know i dont like science labs etc as much , i was considering law,economics or pilot training nd i literally never felt so lost beforee :((((
serious advice help needed here
uni is also something i wanna experience and i cant decide if i should do pilot training cuz tht uni experience wouldnt be there i wanna make frnds and memries but also earn alot of money and be successful like i always wanted as i come from a middle class background sorta ..
also this whole corona virus BS made me consider whether its a good idea to enter uni when everthing is online currently and for awhile it seems :((
wht do i do , almost felt sucidal ngl
is it even possible to get into top economics schools without a level maths even if at all As and A"
Most top places / Russell group you need to have maths A level. Because the degree is over 50% maths so you’d struggle without the maths experience. You can find info on each uni website about entry requirements
@@miaalicex i’m finished fr
Would you say bath has good job prospects , if you wanted to go into something like investment banking
Definitely not
@@randomstuff2722 its literally a semi-target uni what are you on?
Is it necessary to learn programming (coding) for econ?
Nirav Shedge yes we do it in the degree but not necessary to learn it before uni x
@@miaalicex thanks you! ☺️
Did you not like loughborough ?
Didn’t visit it so idk
Hi! How are the placement prospects for international students?
Hi, I think the placements are the same for every student! The only difference I can think of is having the right to work in the UK but I’m pretty sure you’d be able to get that easily if you are studying here and the placement is part of the degree :)
@@miaalicex hey, is it the same case for master's? I am currently pursuing a bachelor's in economics.
@@himakshibutan8613 you don’t do a placement in masters, it’s 1 full year studying from what I’ve heard
@@miaalicex alright, thanks! This is helpful!
I mean post graduation course
I would like to connect with you
Why do you have to do maths if you are studying an economic degree?
The degree is 40% maths & statistics
miaalicex oh I see, so would you say you should be A*/A in a level maths
Frank Frank11 yeah you have to get an A in maths to study econ
I thought The Big Short was a film (albeit a biographical one) not a documentary.
Yeah but documentary sounds more academic which is why I put that
Very detailed video but the study of economics seems thoroughly boring. Though the concept is cool.
Ahaha I get why it would be for many people tbf 😂 but I personally love it !
Is your degree split between maths and eco economics or straight economics
Straight econ
@@miaalicex thank you x
is it heavy in maths?
yesss very
says isnt good at maths gets an A, oh then I must be hopless
Grade boundaries were so low like 165/300 for an A so if I only got like 55% of the marks do you see why I thought I wasn’t good at maths! Cuz even though it’s an A I couldn’t do half the questions so feels like I’m not doing well! X
Make iPad Pro videos! Lol
You won a silver math award and you can’t cope stats ?? What are the proportion between math and theory?
Silver maths challenge award is nothing compared to uni maths! The degree is 2/5 maths and 3/5 non maths economics
@@miaalicex Those who have not studied econ at a University level really have no idea that that a course like for example Intermediate Microeconomics is mainly driven by math and specifically calculus.
What work experience did you do to stand out from other candidates?
Did 2 lots of work experience at KPMG to do with accounting, corporate finance, restructuring etc :)
what grades did you get in your in alevels if u dont mind saying
A*AB :)
Do you do economic bsc or ba
BSc
@@miaalicex Interesting my undergrad degrees are in econ and math. Since you are getting a BSc then I would expect you will be taking a fair amount of Math and econometrics with a focus on theory of the firm and business. Usually, if you are more into the behavior or social side of economics then I would have expected you to go into a BA. The BSc was great for laying the foundation for my MBA.
@@psu2dcu can I still further my studies in the economics field. I'm doing economics BA
@@iam_sego6052 Absolutely. It's simply a matter of focus or specialization. Economics is a broad field with many sub-specialties; once you take the general introductory class of intro and intermediate micro and macro economics you branch out. Economic concepts can be applied to political systems, social policies, business processes or even helping to assess business opportunities. I found economics as a powerful foundation for my MBA in each of the required disciplines from finance, to accounting to marketing to operations research.
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