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Economics

Available from our partner institution, the University of Limerick. More information here.

Economics can be taken as part of the MIC Arts Degree as a joint honours combination.

About you
Economics as part of a joint options combination will appeal to you if you enjoy keeping up with current affairs and are excited about the challenges of understanding the way economies function. It is a particularly suitable choice if you have strong mathematical and analytical skills. It will also appeal to you if you are not yet sure what career you see yourself pursuing in the future, as this subject choice will teach you a range of skills that can be applied to a number of future careers in business, public service, social and economic research, public relations and journalism among others.

Why Study Economics?
Many of the managerial decisions taken in modern business organisations and financial institutions require a good understanding of the global economic environment. Studying economics will develop habits of rigorous thought, the application of quantitative tools, and practice in clear writing. Economists engage the world of current affairs. Studying economics includes learning to use statistics and to read critically. Economics majors are interesting people both because of their skills and because they can explain why economic phenomena occur and how economic performance might improve. The study of economics is an excellent way to acquire problem-solving skills and develop a logical, ordered way of looking at issues.

What you will study
The suite of modules offered provides a well-rounded coverage of the economics discipline. This option builds on introductory foundation modules offered in the first and second years; microeconomics, macroeconomics, economics for business and economics of integration. The third and fourth year modules follow a logical and progressive sequence that emphasises three inter-related components: a strong monetary and financial component applied economic analysis, and monetary economics; an international dimension International economics; and an applied dimension managerial economics, industrial economics and public finance. The research and econometric skills of students are developed through miniprojects set for individual modules. As a consequence, students can expect to graduate with strong analytical, theoretical and empirical skills. Extensive use of quantitative techniques and an emphasis on the importance of analytical thinking instils transferable skills in Economics students that they can use and develop in a wide range of careers. Accordingly, employment prospects for graduates are very good.

Career Opportunities
Economics as part of a joint honours degree provides an excellent preparation for a range of careers, including areas such as the financial sector (e.g. economist; retail, investment, and corporate and treasury banking; research analyst; securities trader), teaching, government departments and agencies (e.g. Department of Finance, Competition and Consumer Protection Commission, Central Statistics Office, Enterprise Ireland, Industrial Development Authority, health policy planner), Central Bank of Ireland, Economic and Social Research Institute, housing market analysis, transportation, energy and telecommunications industries.

Follow-on study opportunities include:

  • MA in Business Management
  • MA in International Tourism
  • Master of Taxation
  • Masters in International Entrepreneurship Management
  • MSc in Computational Finance
  • MSc in Economic Analysis
  • MSc in Finance & Information Systems
  • MSc in Financial Services
  • MSc in Human Resource Management (Full-Time)
  • MSc in International Management and Global Business
  • MSc in Marketing, Consumption & Society
  • MSc in Project Management
  • MSc in Work & Organisational Psychology/Behaviour
  • MSc Risk Management and Insurance

Additional Information:
Faculty of Arts, Humanities and Social Sciences
E: Arts@ul.ie
T: +353 61 202286

QUICK LINKS
GATEWAYS
Mary Immaculate College, South Circular Road, Limerick, Tel: +35361 204300