Students who prefer empirical research and statistical analysis are likely better suited for economics. Students who prefer applying theories hands-on, working with people, and leading teams might enjoy finance more. Of course, both require strong math, analytical, and decision-making skills.
Which is harder economics or finance?
That being said, finance is a narrower subject than economics and it takes years to learn the various areas of economics, not that the typical grad student covers them all. Ph. D.'s in finance get out quicker-a 5 year median versus 7 years.
Is an economics degree the same as finance?
If Economics focuses on the big picture of the world's finances, then you can say that Business Studies have a more specific vision, teaching you the skills to manage a specific company or organisation.
Is business studies or economics better for finance?
Overall, an economics degree is a good value that will provide you with a strong foundation throughout your future. Many people take microeconomics and macroeconomics in college and then retire from their studies without a better understanding of the field.