There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

A bachelor’s degree, which requires four years of study, gives students the opportunity to improve their knowledge and training in a specific field. With their increased skill proficiency, students may qualify for a career with better pay upon graduation.

Part-time learning allows one to obtain a degree or qualification even if one cannot attend school on a full-time basis. One can learn at one's own pace, gradually accumulating credits that count towards a final qualification.