Economics

<p>Not sure exactly where this should belong...</p>

<p>To me, economics and business seem to be closely related. However, I've noticed that liberal arts colleges offer economics but not business. How closely related are the two, and do they both result in similar careers?</p>

<p>econ is more theoretical while business econ is more pragmatic...however, business is different from economics because it encompasses various fields such as acct, finance, mktg, mngt, etc.</p>

<p>Ok, thanks, that makes more sense.</p>

<p>What is a common career for someone who majors in economics?</p>

<p>If you major in economics at a LAC, you can get almost any job than a person with a business degree can. Some LAC offer class that are more traditionally associated with business school, and using those classes you can make your major better fit your career goals. I know that the school that I will attend offers an accounting class and some finance classes.</p>

<p>can anyone clarify the difference between business and economics a little further? are there usually more and better opportunities for business majors out in the workforce?</p>

<p>The major difference between economics and business majors is that business majors focus on specialized aspects of business. So there are specific jobs that are available for business majors that economics majors often don't qualify for like accounting or management information systems. However, economics gives you good skills for research and analysis, so many economics majors can often get jobs as research assistants or junior analysts. With economics, you get a broader idea of how certain institutions and individuals make decisions and policies, while business disciplines are intended to provide you with a specialized set of skills for certain aspects of business.</p>

<p>how come economics doesnt have anything to do with business school? it's usually considered as a social science. also, can economics majors right out of college earn just as much money as business majors fresh out of college as well?</p>

<p>The main principles of economics deal with the production, distribution, consumption, and management of resources. In addition to those principles, economics looks at decision and policy making. So the topics covered by economics are essential to business, but economics is considered a social science because its principles can be applied to almost all aspects of society like crime or even behavior. </p>

<p>Economics majors often apply to jobs that many finance majors would also be seeking. So the pay between these two majors are usually comparable. Here's a table of the average salaries that certain engineering and business majors were getting in 2002:</p>

<p><a href="http://money.cnn.com/2002/04/03/pf/college/q_hotdiploma/%5B/url%5D"&gt;http://money.cnn.com/2002/04/03/pf/college/q_hotdiploma/&lt;/a&gt;&lt;/p>

<p>Economics is broader than most of the traditional business fields, but overlaps with, especially, finance and accounting. In general, it would be easier for a student trained in economics to go into a general business career or to earn an MBA than for a business student to get a job in an economics-type career or to go to graduate school in economics.</p>

<p>Economics is great for public policy and government work, banking and finance, and law school. In terms of salaries, economists with a BA earn more than students with other liberal arts majors. However, this is based on the average wage earned by student with a particular major. Very little of any person's wage is explained by his or her undergraduate major.</p>

<p>Hey, can anyone give me an idea of what the workload for an economics is like? Usually, how many hours of homework do you get per day and what type of work is it. Would you consider the work to be difficult? Is there a lot of reading? Also, can you tell me what school you attend.</p>

<p>I'm a high school senior who's taking Principles of Microeconomics and Principles of Macroeconomics at a local university and loving them! Both classes require a fair amount of reading for homework; many of the economic concepts are applied through mathematics.</p>

<p>My professor told me just yesterday about a prospective book company for our college of business. She said that the new book would allow students to do homework online, and the program of the book would grade the homework assignments; in other words, the work level is going to increase.</p>

<p>Right now though, a good study schedule for my classes is about 4-6 hours per week. Sometimes, the work is diffucult.</p>

<p>Class type: analytical skills with memorization
High School: Columbus High School
College: Columbus State University</p>

<p>Scale (1-5)
Difficulty of content: 3
Time consumption: 2/3</p>

<p>My Grades (so far):</p>

<p>Macro - 92
Micro - 100</p>

<p>The first average test grades were around 75% (solid C). However, economics is not a major, and many of the people taking these introductory classes are fulfilling core requirements.</p>

<p>I'm going to major in Business Economics. It is pretty much economics but with more business-related subjects, such as investmentst, international business,etc.</p>