<p>hello everyone,</p>
<p>I'm a freshman in college looking to major in economics. I've heard from many people that people who get a BA in economics will most likely be unemployed unless he/she goes to graduate school. However, I also heard that many companies and firms hire a lot of economic majors and get paid very well. </p>
<p>So my question is, should i major in economics? If I do, will i get a decent job with a stable income?</p>
<p>Oops I just noticed this is in the wrong forum. If a moderator can close this topic, it would be nice.</p>
<p>Get a BS not a BA. Also a math minor would help also.</p>
<p>It depends on where you go to school. Lots of top firms hire at ivys, uchicago, stanford, etc. for prestigious econ and non-econ jobs. There, you’ll be fine with just the ba. I’m not saying this is the only way to land a good job as an econ major. However, you do need to make yourself more employable if you’re at other schools. </p>
<p>This can be done by taking stuff like accounting, corporate finance, and more math and statistics. A statistics/comp sci minor would help a lot (especially being familiar w/ software like stata, sas, matlab, eviews). </p>
<p>A math minor won’t matter much unless you’re trying to go to grad school, but even if you don’t do it still try to take the three semester calc sequence, linear algebra, and maybe differential equations. A vast majority of the math you’ll see in econ comes from these and it will make your life easier being familiar with them.</p>
<p>It’s an incredibly useful major, but only do it if you enjoy it, because it’s not easy.</p>
<p>If you’re smart and good at it, you’ll do well. If you’re mediocre, you won’t. This is just like almost every other major.</p>
<p>One of uncles got his BA in Economics and eventually went to work at a firm in S. Korea, where he made close to 90K during his mid-career (10-15 years after he got the job). I believe his starting salary was somewhere around 60K. He’s around 50 now, but he’s teaching at a university. If you think you can take on more math/science requirements, then try the BS, but if you feel like you’re more fit for the BA, then do the BA. It’s just how you make use of your learned skills in the end because either way, you can earn money if you’re good at it.</p>