<p>If pursuing a career in the business world or maybe starting your own business do you think its better to take the Econ Theory track or the Policy track?
Or does it not matter that much</p>
<p>I don't remember which is which, but one (I think theory, but check on the website) is basically the track to getting into a PhD program or something. I don't think there's a big diff in terms of whether companies will hire you, and absolutely 0 if you're starting your own business since econ really isn't helpful in any practical way for that. The only diff is how many classes you have to take and how hard they'd be.</p>
<p>The way the head of the econ department here put it was like this:</p>
<p>"if you are sitting in class and the professor is explaining why this curve is curving downward and he's talking about decreasing this or that, and you are thinking to yourself "why doesn't he just say the second derivative is negative?" then you should be a theory concentration. otherwise, stick with policy."</p>
<p>theory is the one to pick if you want to get a PhD or are highly interested in math and more macro level stuff. I believe policy is more micro concentrated. Both are good programs, it just depends on what time of learner you are.</p>
<p>I recommend doing the policy track with a pre-business minor...It'll give you a good grounding in the economic way of thinking as well as a good foundation in business.</p>
<p>Can anybody explain me what is exactly the diffference between policy concentration and theory concentration?</p>
<p>bump10char</p>
<p>in theory track will I have to do a lot of math?</p>