Economics Majors

<p>Why did you guys choose econ. as your major? Why did you develop a passion for economics? </p>

<p>oh ya. and what does econ. have to do with business? </p>

<p>thanks</p>

<p>well i'm a freshman econ major, and i think its pretty good b/c it can get you a job in so many different fields. pretty much in anything in business/accounting/finance/real estate/insurance/whatever or it's a good program for law school. microecon will teach you about the business of market structures, supply and demand etc. macroecon will teach you about the governments role in business</p>

<p>I think it's a good major because of what im_bored said: it can be utilized in pretty much any capacity. It teaches analytical thinking that may not be present in other majors, and let's face it, the economy IS the world. Economics majors score highest on the LSAT too.</p>

<p>I agree with the above two posts, but other fields in business, including accounting and finance majors generally have a better job outlook for when they are out of college.</p>

<p>Good Luck</p>

<p>Jerod</p>

<p>I was an economics and math major. I chose that route because of term papers. I despised doing term papers. In sophomore year, I did an investigation of various majors in Arts & Sciences and found that the route to graduation and doing the least number of term papers was economics (particularly theoretical courses in that major that were heavily math based) or math. (Note, that by the end of freshman courses, I had already rejected majoring in any sciences because of lab courses -- the sciences all had lab courses where you had to go for three hours a week for only one hour of credit; my ability to do basic math quickly allowed me to figure out those supposed geniuses who ran science programs were clearly at the pre-kindergarten level in their ability to count in the correct way for a student like me who had a desire to get the maximum number of credits for the least number of hours spent in class per week.) I ended up getting a double major and manuevered it so that I had, after sophomore courses, no courses where I had to do term papers. Unlike many, I never looked at college as a place to find a major that would be my life's passion or would get me a great job out of college and always assumed that no matter what I majored in, I could always choose to do something else later (ultimately went to law school -- except for research papers in a legal writing course, I never had to do any term papers there either).</p>

<p>Economics is not anything like majoring in business. The relationship is that economics allows you to learn how things businesses, consumers, financial institutions, and governments do impact on such things as prices, inflation and unemployment, and generally on the financial health of businesses, consumers and nations. Business majors learn how to do things that businesses need done; economics majors learn theory.</p>

<p>Understanding economics is understanding decision processes. A great school will re tool your brain, reset your thought process, and give you an improved approach to problem solving. I became interested in economics because I wanted to understand why some business and most government decisions were made incorrectly. I know that there are other majors out there that have had the same impact on people's thought processes, but I chose economics over them.</p>

<p>i did econ b/c i thought it would be good to get into a financial career. but now i like it a lot. i never thought about how interesting it would be. econ forces you to look at problems analytically. it makes you understand the consequences of certain economic shocks, and what those consequences will mean. econ seeks to understand choices in people and policy making. </p>

<p>lower division econ courses are dreadfully boring. once you get past the basic theory and more into the mathematical side of econ, it will get a lot more interesting and challenging.</p>

<p>can you go to business school after majoring in economics? also, what do people do with a political science degree? those are my top 2 major choices and im thinking of going to either law school or business school, so if anyone could tell me how they intertwine that would be great</p>

<p>Yes, you can definitely go to business school after majoring in economics. A lot of schools don't offer degrees in business, so economics is basically the closest thing to a degree in business. What usually happens is after graduating with a degree in economics, you find a job and get few a years of experience in the world of business and then you can go back to school to get an MBA. Economics teaches you a lot about how businesses, inidividuals, and government make decisions when there is only a limited amount of resources. </p>

<p>I'm not quite as familiar with political science, but since it's a subject that's considered good preparation for law school, it probably helps you to think more critically. The major effect of political science, philosophy, and economics is that these subjects will help you think critically and to approach problems from many different angles, which is what most law schools are looking for when they're selecting students.</p>