Economics vs. Finance

College Majors Business Major
1

<p>Hey,</p>

<p>I'm an incoming freshman at Loyola Chicago. I intend do pre-med and major in business. My grandfather and father both majored in chemistry. I have done some research and have found that medical school applicants are flooded with science majors, especially biology. Many have told me to not major in science, so I came upon business. I have a genuine interest in business. I took Economics, Consumer Education, and Business Law at my high school. But a huge liking of business probably came from my teacher, who I would have to say was the best teacher I had in high school. </p>

<p>So the big question is Economics or Finance. I know that neither relate to medicine. What I'm asking is which would I possibly get the most out of? Which would possibly be easier to attain a higher GPA in? How about any other business majors to consider. </p>

<p>Thanks in advance!</p>

2

<p>It would probably be easier to get a higher GPA in Finance because it’s more practical exercises like (oh you want to invest this much money now and at this rate let me just use this equation to figure out the future returns). I know at my school you need to maintain a 3.5 to stay in the Finance program. </p>

<p>I’m an Economics major (with a focus on Money and Banking). Economics is particularly theory based and requires a lot of abstract thinking when approaching problems. It’s hard to maintain a 3.0 at my school. So you want to figure how much quantity a company should produce and what price to charge. Well let me figure out how much it cost to produce it, what are consumers preferences, what the overall demand in the market is, lets see if we can differentiate between high value and low value consumers and charge different prices, and etc…</p>