honours vs academic degree

honours and academic degree both are nouns.

Word	Noun	Adjective	Verb	Adverb
honours	Yes	No	No	No
academic degree	Yes	No	No	No

As nouns, academic degree is a hypernym of honours; that is, academic degree is a word with a broader meaning than honours:

honours: a university degree with honors
academic degree: an award conferred by a college or university signifying that the recipient has satisfactorily completed a course of study

Other hypernyms of honours include degree.

honours (noun)	academic degree (noun)
a university degree with honors	an award conferred by a college or university signifying that the recipient has satisfactorily completed a course of study