Economics Vs. Business Major

<p>As far as I know(I may be wrong) but jobs that can be achieved from a business degree can also be done with an economics degree and vice versa.
Can someone help me create a distinction between these two majors and if possible examples of job fields that can be selected with one major and not the other.
Thank You</p>

<p>If you go to a Top 25 school and want to work on Wall Street, either. For most other areas still business–esp accting and finance.</p>

<p>Economics attracts students that are less pre-professional, more comfortable with theory, arguably more academic/intellectual. More econ majors gravitate toward grad school right out of undergrad, as a result. Econ majors that have added an MBA or MFin or MSc in STEM can do anything that a business major can, and in many cases the abstract thinking abilities of an econ major are preferred. </p>

<p>If the BA Econ is going to be your terminal degree, however, then you have to be more careful about what types of jobs you’re seeking, like @barrons said, whether it’s finance/acct/mant (business) versus something more policy related (economics). </p>

<p>Selectivity/ranking of your school matters, too. A BA Econ grad from Amherst College is probably not going to be looked at in the same light as a BBA grad from UMass-Amherst, providing there was/is an obvious difference in academic ability.</p>

<p>So there isn’t a simple answer to your question. It depends on your grad school plans, what type/quality of school you can get into (with their job placement record), your aptitudes, and your career goals. </p>

<p>@Kabir555‌: There’s a recent thread on essentially the same subject you might wish to review.</p>

<p>However, to respond to your fundamental question, with respect I believe you are wrong. While some jobs are applicable to both business and economics students – at the undergraduate, the postgraduate, and/or the professional degree levels – many others are not. To illustrate, marketing and accounting are normally not core elements of an undergraduate economics curriculum; similarly, economic analyses, econometrics and forecasting are unlikely to be principal focuses in an undergraduate business program. Perhaps a good way to understand this more practically is business really concentrates on the managerial tool set required to understand, operate and lead enterprises (or subdivisions thereof), whereas economics deals with macro and micro economic, per se.</p>