Economics vs Applied Economics and Management?

Colleges and Universities A-Z Cornell University
1

<p>What's the difference? Which school is easier to get into?</p>

2

<p>AEM is harder to get into</p>

3

<p><a href=“http://dpb.cornell.edu/documents/1000003.pdf[/url]”>http://dpb.cornell.edu/documents/1000003.pdf&lt;/a&gt;&lt;/p&gt;

<p>but if you look at this, wouldn’t AEM be easier, since it’s in CALS, which has a higher accept rate than CAS (where regular econ is in)?</p>

4

<p>yeah but the program itself is harder to get into</p>

<p>iirc, less than 10% acceptance rate</p>

5

<p>honestly, people at Cornell look down upon CALS programs compared to CAS. sure, AEM is more practical, but the problem is you can’t double major with anything in CAS (like double AEM/government or AEM/physics). Everyone knows that CAS economics is a lot harder, and graduating with a degree in econ looks better on the resume.</p>

6

<p>so uh, in a nutshell when i grow up i wanna be either an economist, an economic consultant, a behavioral economist, an investment consultant, a broker, or anything else related to economics and maybe a bit of business.</p>

<p>where should i apply to?</p>

7

<p>CAS Economics is a lot harder? Do tell how. The theoretical economics taught in the 8 (yes, only 8 required courses) in CAS are not “a lot harder.”</p>

<p>Yes, AEM is harder to get in. While CAS accepts students only to “the college”, in AEM you are accepted by AEM, which has different acceptance standards and statistics than CALS as a whole.</p>

<p>CAS Economics is theoretical and entirely economics. AEM is more practical, and also teaches you things like preparing business reports, accounting, management, human resources, etc.</p>

<p>There is nothing in CAS you can’t get in AEM, you can always supplement your AEM curriculum to have analytical math classes.</p>

<p>IMO the only reason to choose CAS over AEM is if you a) are uninterested in management and only in theoretical and analytical or b) you really want to double major in an entirely unrelated subject (government, chemistry, philosophy, etc).</p>

8

<p>So AEM in CALS has its own acceptance rate??</p>

9

<p>yes and it’s under 10%</p>

10

<p>And CAS Econ would just be an overall CAS accept rate? Really weird…</p>

11

<p>You would want to choose CAS because you want an over all liberal arts education (which teaches you critical thinking), not an applied business education. You are not any likely in getting into management with an undergraduate business degree than with a BA.</p>

<p>Here is a good read.
<a href=“http://talk.collegeconfidential.com/parents-forum/808375-what-better-business-major-econ.html[/url]”>http://talk.collegeconfidential.com/parents-forum/808375-what-better-business-major-econ.html&lt;/a&gt;&lt;/p&gt;

<p>JHS wrote this:

</p>

12

<p>Very Interesting. I’m not interested in doing an MBA at the moment - my CAS essay was more focused on my tech entrepreneurship (how I write for an influential tech trends blog as well as currently launching my own tech startup)…</p>

<p>I was thinking of either CAS (Comp Sci or Econ) or AEM. Suggestions? Do you think Cornell would appreciate my individuality as an entrepreneur? (i.e. Stanford)…</p>

13

<p>I’d say dual major Comp Sci & Econ would be extremely good if you wanted to get into business.</p>

14

<p>But the supplement only allows you to select one major? How would I state that?</p>

<p>So if I just apply to CALS in general, wouldn’t my chances be higher to get in compared to putting down AEM as a major?</p>

15

<p>So the applied economics and management program is basically an undergraduate business major? </p>

<p>I’m interested in learning applied economics, but I don’t really care about management…</p>

16

<p>Why don’t you just look at the required courses for both majors and see what fits your interests more? You can probably compare the two majors by course titles alone, but if not, the Courses of Study booklet has paragraph descriptions of the course. They are indeed radically different programs. AEM is an undergraduate business degree, not a rigorous study of economic analysis (though depending on the courses you choose, you can get a few more economics-oriented courses). </p>

<p>I’m an economics major at Cornell and the educational experience in CAS is completely different from all the other colleges at Cornell. Generally, the other colleges prepare you for something specific, whereas CAS gives you a broader, more traditional liberal arts education (but with TONS of flexibility). You will be required to take math and science courses, as well as courses in other liberal arts areas (the requirements are quite complex to quickly grasp, but ultimately there is a lot of built-in flexibility). I really enjoy the CAS program because of that. For example, I probably never would have found my interest in political science, but I took one course, which led to another, and now it’s my second major…In fact, AP Government was one of two APs my high school offered that I opted out of for lack of interest.</p>

17

<p>AEM features more math and science than CAS econ, correct? Which would you say is more entrepreneurial? Which one involves more behavioral econ? That’s the branch that I want to focus in, were I to apply as an econ major…</p>

<p>I just read on the CAS econ page that "Economics is the most popular major in the Arts College, with over 210 students graduating in 2007. "
Would applying as a econ major then affect my chances since it’s such a popular major?</p>

18

<p>wait, so if i go into CAS, i can major in both Economics and Psychology?</p>

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<p>@silverfang
You do not apply to a major in CAS. You can talk about chemistry in your application and it won’t matter. Econ 3580 is in the economics department and is behavioral economics. I think that’s the only course at Cornell in that area at the undergraduate level. You could still probably take it, even if you are an AEM major. CAS econ is more mathematical than AEM, and advanced econ courses require Calc II (though you can avoid this by taking different courses for your the econ major). The econ department also encourages math beyond calc II, but technically only calc I is required. There might be an equivalent amount of math in AEM, but econ is definitely more rigorous in that regard. Economics is a theoretical academic discipline, which is the most science-y of the social sciences. AEM is business and involves learning business skills. I would tend to say there is more ‘thinking’ in economics, which is why it’s a respected major and desired by businesses, but AEM will teach you the actual skills for the business world, making it more “entrepreneurial.”</p>

<p>@dudemancool123
Yes, you can major in both Economics and Psychology.
@silverfang
If you major in both Economics and Psychology you will probably be very well prepared for behavioral economics-type work.</p>

20

<p>You could be like my daughter, double major in math/econ, minor in gender studies, and take finance courses in AEM and Hotel.</p>

<p>If you are interested in business, Hotel school is also a good way to go. It has a minor in commercial real estate investment. It offers many finance courses AEM offers, but only more applied to hospitality business.</p>