A bachelor's degree is awarded at the successful completion of an undergraduate academic program. It is often the first degree a student received in his or her academic career. It typically takes four years of full-time study to earn a bachelor’s degree.
Aside from the distinguishing between microeconomics and macroeconomics, students who are studying economics must also learn the difference between positive economics and normative economics. The former deals with that which is, while the later deals with that which ought to be. Other distinguishing characteristics include economic theory and applied economics.
Bosnia and Herzegovina, sometimes called Bosnia-Herzegovina or simply Bosnia, is a country in Southeastern Europe, on the Balkan Peninsula. Its capital and largest city is Sarajevo with an estimated urban population of 430,000 people.
Higher education has a rich tradition in Sarajevo. University of Sarajevo, being the most imperative higher learning institution in Bosnia-Herzegovina is based in this city.
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