17/06/2026
WHY CHOOSE BA ECONOMICS THROUGH BA ARTS (MH101)
๐๏ธ Economics is a social science that helps us to understand the behaviour of decision makers such as consumers, firms, workers, governments, investors, central banks and regulators.
๐๏ธ Economics is not all about money and profits. Economics tackles problems such as: how to reduce gender inequality and racial discrimination; how to encourage international cooperation to address climate change; how to break the poverty trap in less-developed countries; how to solve the housing crisis.
๐๏ธ Economics provides a framework for understanding these societal problems and using that understanding to make evidence-based policy recommendations.
๐๏ธ Economists often use statistical techniques to understand markets and how people respond to incentives.
๐๏ธ Economists also use game theory to analyse strategic interactions between firms, or other market participants.