Denpansar is one of the perfect places to go to study arts and culture. It has some good educational institutions such as Indonesian Institute of the Arts, Denpasar and Indonesian Arts College (STSI) in Denpasar. Moreover, studying and living in Denpansar is very inexpensive and reasonable.

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.

Indonesia adopted a high quality education system, which provides the education in three basic levels with the highest level being the university level. Lately the country upgraded five colleges to fully university levels with an aim of accommodating even international students who may wish to study in Indonesia. Higher education programs in Indonesia are accredited by the National Accreditation Board for Higher Education. The nation's capital city is Jakarta.

A bachelor's degree is given to students who fulfill the necessary requirements given by the college or university they are attending. The requirements include three to seven years of focus on a subject, typically referred to as a major or concentration.