Another Business Vs. Economics Thread

<p>Originally, I went into college as a pre-business major, but the more I've thought about it, the more I like the idea of switching to Economics. I want to work in some kind of business field after I graduate. The thing that has intrigued me about an Econ degree is how diverse it is. I might change my mind about what I want to do after college and I feel that I might have more options with an Econ degree.</p>

<p>I took Microeconomics my first semester of college freshman and did not do well (I got a C in the class). I found the class to be moderately difficult, but I barely studied for the class and didn't open the book once. I felt that I learned the subject because I attended all the lectures, but I really didn't put much work into the subject. I was interested in the subject, but was not motivated my first semester of college.</p>

<p>In my second semester, I took Macroeconomics and got a B, but I didn't find it as interesting as Micro. I also didn't put a lot of work into the class.</p>

<p>The main question I have is how difficult is it to attain an Econ degree? I definitely feel like I'd be able to do well in Business, but I don't have the same confidence about my prospects as an Econ major. Will I be able to pass upper division Econ? Are they extremely difficult or manageable? From everything I</p>

<p>
[quote]
The main question I have is how difficult is it to attain an Econ degree? I definitely feel like I'd be able to do well in Business, but I don't have the same confidence about my prospects as an Econ major. Will I be able to pass upper division Econ? Are they extremely difficult or manageable?

[/quote]

They're both easy ;)</p>

<p>Well obviously you need to put in a lot more effort. Econ is generally considered the most difficult of the social sciences, but you are in correct in that it opens up many opportunities. However, business majors are good if you want to get a job straight after undergrad. It's not that you'll have trouble getting a job with an econ degree, but you should do a pre-business minor if your school offers it just so you have that core foundation of classes that will really help you in the nitty-gritty aspects of business.</p>

<p>If you are struggling with those basic classes, you are going to have a long road ahead of you. I have a B, A respectively for both classes and both without having the text book. They are simple simple classes. I recommend reading those text book again</p>

<p>Sometimes you'll hear that bizecon or econ majors are the business rejects. Economics is a fairly different major that combines quantitative skills with critical thinking skills. When you're looking for a job out of college, employers are going to look at your abilities to learn material rather than work experience. To be honest, I think business is probably the easier major of the two. With accounting being the most difficult business major(comparable to economics) and marketing being the easiest major. There's a saying that goes like this, "if MBA students spent as much time drinking as they did studying, they'd build companies."</p>

<p>How difficult is economics? Its only as difficult as you make it. If its truly your passion, major in it. If it just seems like the correct decision to do for a job, then by all means, give it shot. Economics departments can easily make business-econ degrees. The two majors are very similar in nature, given that you aren't comparing econometrics/game theory and accounting. But there are finance courses available at different perspectives similar to be a business degree course.</p>

<p>business econ make be what you want. UCLA, UCI, UCSB are just a few schools that offer this major.</p>

<p>intermediate econ is a biatch... trust me i got an A+ easy in both intro econ classes without going to class but this beast is totally different.</p>

<p>Yes, everything changes at the intermediate level.</p>

<p>have fun with welfare analysis and marshallian demand curves. It really isnt that difficult, it is just a significant amount of information in comparison that requires deeper understanding...so less common sense bull crap that is in the intro courses.</p>

<p>"Sometimes you'll hear that bizecon or econ majors are the business rejects."
That's the first time I've heard this. People don't major in Econ because they are interested in the subject?</p>

<p>Anyways, the school I'd be transferring to has a Business Econ degree where you can also get a concentration in a certain field of business.</p>

<p>Should I retake micro? Are there any books I should read before I start taking upper division courses? A friend of mine recommended “Free to Choose” by Milton Friedman. Will this book better help me understand Economics? I am definitely interested in the subject which is why I’m contemplating making the switch from Business.</p>

<p>"Should I retake micro? Are there any books I should read before I start taking upper division courses? A friend of mine recommended “Free to Choose” by Milton Friedman. Will this book better help me understand Economics? I am definitely interested in the subject which is why I’m contemplating making the switch from Business."</p>

<p>If you plan on majoring in econ or bizecon, i would certainly try to boost those intro (micro/macro) grades. Econ is a very impacted major. As for any book by Milton Friedman, I suggest you read them all. Pickup a copy of "Wealth of Nations" By Adam Smith, or "Freakonomics" by Steven Levitt, or "The communist manifesto" by Karl Marx. Overall, I suggest watching the business news. You'll be able to apply economic theory and understand the cause and effect relationships in the market, such as defense budget increase(hot topic today because of defense stocks such as Boeing/Lockhead Martin and Bush's proposal to increase the defense budget nearly 3 times). Economics is just like business, its everywhere you are and easier to understand than "Take it with a grain of salt theory from other disciplines."(well speaking for myself)</p>

<p>those are great references, but i think they are to specific in the cases they talk about and the writing is more about alerting the readers to the quandaries of life and how economics applies to the world around them, not necessarily teaching it (my perception, others my disagree). I suggest just rereading the text books for the intro classes. Try outlining as well, and instead of outlining chapter by chapter, outline individuals sections of the chapter and picture how everything correlates as a whole. Maybe worth a try. If this is something you really want...go for it, may be hard or not so hard...but who cares..do what you have to</p>

<p>Retaking classes simply for the sake of actually learning the material would be pretty helpful, at least in the micro case. If you do well in the intermediate micro class, nobody's going to pay much attention to the intro course. I don't think that there are a lot of pop-econ books that are that helpful. Interesting as they may be, I really question their ability to help you understand theory. </p>

<p>Just out of curiosity, what's your mathematics background?</p>

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Just out of curiosity, what's your mathematics background?

[/quote]

Finite Math- A
Statistics- B+</p>

<p>I really don’t want to retake Micro because I’m going to be transferring to an out of state college and the tuition is pretty expensive.</p>

<p>That's understandable. You can always brush up on the material by just working through old problem sets, etc. Go and talk to your prof and explain your situation. You may be able to get an audit, extra help, etc.</p>

<p>Unfortunately, I sold my Microeconomics text book but I did keep my old tests and my notes because I wasn't sure that I was going to pass the class.</p>

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[quote]
Go and talk to your prof and explain your situation. You may be able to get an audit, extra help, etc.

[/quote]

Which professor?</p>

<p>huh, you should have said something last week, i just threw out a 4 year old microecon text along with the intermediate counterpart. It would have been free to you plus shipping. But there is also the school library.</p>

<p>Which professor?</p>

<p>Your micro prof.</p>

<p>An update on everything that happened.</p>

<p>So my first quarter at my new school, I retook Microeconomics and got an A- in the class. I ended up finishing up my pre-business core and was accepted into the business school. I decided that Economics was the right major for me. So far, I've taken 3 upper division Econ classes including Intermediate Micro, which was quite difficult! I received a B in two of the classes and a B+ in one of them. I also got B's in both Calculus I and Calculus II.</p>

<p>A pretty interesting turn of events. I still don't study very often, but I'm a much better student than I was a year ago.</p>

<p>For the first time in my life, I'm actually enjoying some of my classes. I found Calculus to be fascinating (I had taken regular Calculus in high school tho). I wouldn't say that I love the Econ major, but I can't think of anything else that I'd rather be doing.</p>

<p>So nobody cares? I thought it would be interesting to give an update ;)</p>

<p>Hey! How are the job opportunities for a science or eng major in the business field? Does neg or science pay much?? Thanks!</p>