Do you like working with numbers? Found yourself considering solutions for economic problems, or do you just like solving complex math problems? If your answer is YES to at least one of these questions, then it’s official. You’re hooked, and you should study an economy-related degree. Check Bachelors in Economics All that’s left now is to decide the exact specialisation you’d like to study. During your search for a Bachelor’s degree abroad you’ve probably run into degrees in Economics, Econometrics or Statistics. All three subjects are parts of the world of numbers, so there are chances you will need to study all of them. To paint you a clearer picture, we’ve decided to shed a bit of light on what’s unique about each of them. What is Economics and what you will study? Economics is one of the most widespread disciplines. Always in-demand on the job market, economics offers promising careers. Economics deals with the way production, distribution and consumption of goods and services are influenced by our behaviour — what we buy, when buy it and so on. Apart from the traditional study destinations like the US and the UK, some of the most popular countries for undergraduate students who choose to study Economics are: Bachelors in Economics in Turkey Bachelor’s in Economics in the Netherlands Bachelor’s in Economics in Ireland Bachelor’s in Economics in Italy Also check out online Bachelors in Economics. A Bachelor’s degree in Economics will include research methods, international economics, public finance, microeconomics, macroeconomics, and banking. You will also notice courses in Econometrics and statistics. This is where confusion creeps in, because these subjects are easily mixed up by students. What is Econometrics? Econometrics means you will learn to apply mathematics, statistical methods, and computer science. It teaches you how to analyse information. A practical example where you can use Econometrics is to predict the money that will be generated by a marketing campaign. If you spend a dollar extra on a campaign how much sales will it generate? Econometrics tools can calculate that. Some great places to study Econometrics are: Vrije Universiteit Amsterdam, in Amsterdam, Netherlands Tilburg University, in Tilburg, Netherlands