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.

Many degree programs require students to be proficient in reading, writing, listening and speaking. Those who lack these skills can take an undergraduate pathway program where they may acquire a satisfactory English language mastery.