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Your Everything Guide to Economics

Duration
3 - 4 years
Average Salary
MYR 3,000 - 7,000
Average Fees
MYR 30,000 - 180,000

Job Demand

Want to know more? Find out everything you need to know about studying Economics in Malaysia.

You’re the right fit for this course if you:

Want to understand how economies work
Enjoy problem-solving and working with data
Want to work in finance, banking or business

#1 Basics of Economics

a) What is Economics ?

Economics is the study of how societies allocate resources to meet the needs and wants of people. It involves analysing market trends, understanding policies and predicting economic behaviour to drive decision-making in business and government.

b) Economics Paths to Shape Your Career

Macro Economics

Micro Economics

Financial Economics

International Economics

Field	Description
Macro Economics	Study national economies and global economic trends
Micro Economics	Focus on individual markets, firms and consumer behaviour
Financial Economics	Specialise in financial markets, investment and risk management
International Economics	Analyse global trade, finance and economic relations

c) AI’s Role in Economics

Will AI Replace Me?

No, AI Won’t Replace You - It Will Empower You:
AI will enhance your ability to analyse data, forecast trends, and make decisions efficiently. While it automates tasks, economists remain crucial in interpreting data, advising on policies and understanding economic systems.
How You and AI Can Work Together:
AI boosts economics by streamlining data analysis, building predictive models and simulating policy impacts. It automates repetitive tasks like data cleaning, letting you focus on strategic decisions.
Future-Proofing Your Career:
Embrace AI tools to stay ahead in the field. Learning how to integrate AI into your work will give you an edge in an increasingly data-driven economic landscape.

#2 Navigating Your Academic Journey

a) Entry Requirements & Qualifications

Pathway	Requirements	Next Steps
Pre-university	SPM, ideally with credits in Maths, Economics and English	Pursue a Bachelor’s Degree in Economics.
Degree	Completed Pre-University/Foundation with a minimum CGPA in relevant subjects	Career in financial analysing, policy advising or researcher. Postgraduate Diploma, Master’s, Phd.
Post-graduate	Bachelor’s Degree in Economics	Specialise in areas like financial economics or international trade.

b) What You Will Study in Economics

You’ll focus on core subjects to build a strong foundation. These subjects include:

Microeconomics and Macroeconomics

Statistical Methods and Data Analysis

Principles of Finance

Economic Theories and Models

c) Key Skills for Economics

Here are some key skills that will help you succeed in an Economics course:

Strong analytical and quantitative skills

Critical thinking and problem-solving abilities

Attention to detail and interpreting data

Communication skills to present findings

Don’t worry if you’re still developing these skills — an Economics degree will help you build them along the way!

Just be prepared for the journey ahead.

#3 Career Options For You

a) Top Career Paths

Once you’ve completed your degree, a variety of career paths open up to you, including:

Economic Analyst

Policy Advisor

Financial Analyst

Investment Banker

Industry Insights

Economists are in demand in both public and private sectors. With globalisation and the rise of digital economies, opportunities in financial services, government agencies and multinational corporations are expanding.