Why Study Economics? The one reason you should and should NOT major in economics
Vložit
- čas přidán 14. 06. 2024
- Have questions about Economics? Join the Discord
/ discord
Sign up for my weekly newsletter draalbahrani.substack.com
Twitter: / draalbahrani
Instagram: / draalbahrani
Linkedin: / draalbahrani
Recommended Videos
Why major in economics • Why Study Economics? T...
Jobs for economics • Best Jobs for Economic... Why major in economics? This weeks video details the one reason everyone should major in economics!
Sign up for my weekly newsletter draalbahrani.substack.com
Recommended Videos
Jobs for economics students • Best Jobs for Economic...
Checkout this video on podcast for econ majors • Podcasts for Economics...
And the books for econ majors that are not economics books • Best Book for Economic...
Sponsor: www.theecongames.com
Website: www.abdullahalbahrani.com/sub...
Twitter: / draalbahrani
Instagram: / draalbahrani
Do you know someone that majored in economics? What job do they have today? Leave a comment to show how diverse the career options are for economists.
hi ,i am student of economics major from Pakistan my question is how to study economics so that we could interlink the theory of economics with practical use and practical applications and if possible please suggest me some books and websites which could enhance my knowledge regarding economics
My uncle majored in economics and communication at UC Santa Barbara and is a financial advisor for wealthy individuals managing a portfolio of assets valued at $100M. I'm currently in my 4th year at U of Oregon majoring in economics and business
Is it wise to major in economics at university without doing it in high school?
I majored in economics and I am now working as an economic analyst.
Hi Dr. A. Is it possible for someone with a major in Accounting at Undergrad to study Economics for Postgrad (Masters) program?
It requires money to make money this is the best secert I have ever heard we don't make money we make multiple money.
I think trading is easier with proper guidance, especially from a proffessional it really helps reduce the chances of running into losses. All thanks to Mrs Dawn Fitzpatrick . She changed my life, I was able to pay off my mortgage
@Hannah Mendoza
Wow that a really big congrats
Her success story is written everywhere
This is quite needful but for beginners you shouldn't settle for videos alone or you see yourself loosing all your money just like me when I started trading with this videos on here. We should be prepared to contribute
Wow it's amazing to see clients that trades with expert Dawn I'm currently on my 5th trade with her and my portfolio has increased tremendously, she's the best broker ever.
I’ve always felt economics should be ALL high school student’s focus from 9th-12th grade. It’ll be four years of critical thinking and understanding of how and why the world operates the way it does. Of course make time for arts and phys ed but HS would’ve so much more interesting and beneficial going into college if we all knew how to think like an economist
I rarely took economics in high school. I wish I did so more.
I am now a high school economics teacher, after spending the first 15 years of my career as a financial advisor and investment compliance officer. My son just graduated with a degree in economics and math and is heading to law school in the fall. Of interest, he started as a mechanical engineering major, and switched to Econ after 2.5 years. He still was able to graduate in 4 years after taking just two classes during the summer. Economics is a great major to consider switching to, if you find that your heart just isn’t in your (first) chosen major, especially if you have taken plenty of math classes.
This is great. I was a chemical engineering major and switched to econ as a junior. Thanks for stopping by Mr. Johnson!
Mr. Johnson, I think you will like my latest video too Should I Study Economics? A look behind the data
czcams.com/video/LEJmFn7oQvA/video.html
Currently studying mechanical engineering and thinking about switching to economics for something with a lighter course load and more human focused. Thank you for sharing your own and your son's path!
I majored in economics and marketing. I’m am a Market Research Assistant at MarketVision Research where I utilize a blend of both majors. I use critical thinking skills and data interpretation skills from economics and sprinkle in some creativity from marketing to bring the key findings to life!
Congrats on the job. That’s exactly the career path I would take today if I was going through undergrad again. Glad to see you doing well and the majors have opened doors for you.
I’m in highschool and I’m interested in economics and marketing. Would you say it is easy to find a job after you graduate because I’ve heard people on CZcams say it’s not easy for economics graduates to find jobs because it’s too general
@@60sbabydoll777 they claim in the us you need to get an honours after graduating but pls google out now to avoid being lied to
This has not been my experience. Most of my students graduating find a job within moths of graduating and average salary for recent graduates is $48,000 a year. Marketing and economics are a great combo especially as customer data becomes more accessible. Sorry I missed this message earlier, hope this is helpful. Oh and remember your degree becomes more valuable when you are more involved. Check out my video on college advice. czcams.com/video/O4yZ3_nMQ1Y/video.html
What is your actual degree, to be able to major in subjects of economics and marketing?
This is spot on. I majored in Econ and have worked in a variety of industries and capacities. (Hence the flexibility) All were large F500s. Most big corps are data driven and Econ teaches you how to think critically about pressing problems.
Thanks Jon. I appreciate you commenting. Hopefully students see your comment and recognize the value of flexibility.
hi I'm a high-school student would you be open to talking about it?
What did I do with an economics major: tried Phd, dropped out, became an economic consultant, wanted to dig into the theory more so went back for a PhD (part time for a while), realised academic research wasn’t for me so went back to consulting, got a phone call one day from a headhunter inviting me to work for the energy regulator (my field) so headed to the public sector to make a difference, found making a difference fantastic but hard work at senior level, had a year out to be Mum, set up my own consultancy which was pretty successful because by then I had expertise and network, did not like isolation of being a one-man band or income uncertainty of self employment so took a side job teaching economics at a local university, remembered how much I loved being a TA when doing my PhD, as if by magic as things clicked my institution where I had done my PhD advertised for teaching focused roles, 9 years after graduating from PhD went back to my alma mater and have stayed in this role longer than any other but the road is still there for travelling.
Thanks for sharing your path. I love hearing how my friends ended up where they are.
I always tell my students that the world is their oyster with an economics degree - very few doors are closed and many are opened. Support is needed to navigate the matching challenge - what is out there, who you are and what matters to you when you start your career. You need the coaching through your career too as you navigate opportunities and how you and what you value changes.
The path from higher Ed to employment is something we need to invest more in. I know you are doing great work in this area. I am working on an episode on how to search for jobs in economics and the skills you need to develop while in school.
@@EconWithDrA hi o wanna ask is analytical in economics harder than usually normal economics major
Engineering better
Economics is everywhere,with economics you can solve the problems and make a society better place to live and the reason why I love it as it's fascinating subject and it's human science and the fact everyone takes different action but still able to connect. With the economics we can solve diverse problems 🌟🌟🌟🌟🌟🌟
Economics is amazing!
You might be interested in yesterdays video Should I Study Economics? A look behind the data
czcams.com/video/LEJmFn7oQvA/video.html
ggf
Hello Dr. A. I am From Mumbai, India and studying in grade 11 at University of Mumbai. I am really excited to study Econ in my future and make this earth a better place to live. My main interest in this wonderful subject are Poverty, Welfare and Development. Just wanted to thank you for the kind video that motivates me. Thanks!
Thank you for visiting my videos and for your comment. Poverty is a big economic concern and we need more bright economists working in this area. Good luck.
Hey...what stream have you opted in 11th?
Spot on! Was studying engineering but felt boxed in by the work load and the specificity of possible careers. But at the same time, the broadness and uncertainty of studying economics was turning me off. Thank you for sharing your input!
يعطيك العافية اخ عبدالله
I'm currently in year 11 and doing Atars and economics really caught my heart. Now, I am still trying to convince myself and trying to learn more about economics because Idk this course is just something that my heart and brain wants
Great to hear, Adrian. Welcome to the world of economics. It influences every part of your life and we need more economists, asking more questions
A colleague of mine majored in economics. She's now a sales team lead in a local tech start up in kenya.
I’m going into my first year of university next year, business was my first choice and economics was my second. I didn’t get accepted into business, but I did get into economics. I’ve been watching a lot of videos and talking to a lot of people who have done the major, and I am very intrigued and excited to get started!
Congrats Sean. Economics is a great major. Has applications in business and outside of that. You will have more options by majoring in economics. Reach out if you need any advice.
on the same page as well Sean. I also may wanna do International Relations as a minor since politics interests me a lot.
Check out my latest video Should I Study Economics? A look behind the data
czcams.com/video/LEJmFn7oQvA/video.html
I'm doing my bachelors in economics now. And I was a little scared but it's so interesting. It's fun to study economics. And it's fun to use it everywhere and anywhere.
Yes! Love that you are loving what you are learning. No better feeling
Hi,
I majored in Economics and i'm currently working as a business Analyst. I would recommend doing some interns before congratulating. That was something i did not do and i think it made finding my first job a bit challenging.
Internships are super important. Thanks for sharing your experience.
Currently I am persuing economics in undergraduate and this information is really helpful so thanks
I have not had an official business analyst internship, but I have lots of work experience in research. Do you think research experience will be useful in becoming a business analyst? It is my dream job.
I'm not too sure as I've never done research myself. But what helped me get that business analyst role was that I worked in some contracted roles as a junior analyst and a finance coordinator. I recommend learning excel and with time some sql and even some sort of data visualization. As these business analyst role tend to be a little more on the tech side. Hope this helps.
I’m a physics major but I have minors in data science and economics. I love the economics minor because it gives me insight in how everything isn’t clear-cut when suggesting policies for example in environmental economics. The physics major allows me to read and understand the economic models better. In addition, economics is going to serve me well in my personal life by studying different markets like healthcare and real-estate industries. Lastly, I love economics because it gives you the bigger picture on interdependence of our complex, human(error) system.
Thanks, Rick. I appreciate you sharing your personal experience. This will be helpful for others as they read through the comments. Physics and economics, another powerful combination
How difficult is it to minor? Furthermore how difficult did you find a physics bachelors? I'm very interested in physics however I want to know how you found your experience with it, I think another plus is it's applicability and broadness, you can go into practically any field ect. Any reply would be appreciated, kind regards.
Thank you, Abdullah! I will be sharing this video with my students.
Glad you found it interesting and worthy of sharing with your students. Appreciate you watching.
Phil, I hope your students enjoy my latest video Should I Study Economics? A look behind the data
czcams.com/video/LEJmFn7oQvA/video.html
I majored in ECONOMICS and completed my degree last month and I'm now ready to hop in any of the sectors in our country ❤🎉
Thank you for sharing this video, this really helped me a lot.❤️❤️
So happy to hear. Hope you enjoy the other videos too. Check this one out czcams.com/video/H8oJYe9J7QE/video.html
One of my relative is in commercial banking with economics degree... other one is in Corporate Finance.
I'm majoring in economics, yet I don't know if you are referring to BSc Econ or BA Econ. It's my first semester, and it's being hectic. I love the course, but sometimes I loose motivation by the restrinct limit that I get between understading my readings and doing the assignments. Any advice ? (I'm a BA, and I didn't choose econ becaused of the math :) if you know what I mean).
Maria, thanks for your comment. BS and BA are both great. Just depends on what you want to do with it. Either way, I recommend that you add some courses on data analysis. Also, the math isn’t as bad as you think it is.
About studying, economics comes to life when you apply what you are learning to your own world. I recommend spending some time to take abstract models and make them applicable to you.
Considering going to college for economics. I enjoy finance, economics, and business. I've gotten to the point that I started buying college textbooks on business, economics and finance to read for leisure. If I get a degree in economics it's more for the joy of learning rather than for higher pay. I already work for state government so perhaps that would help me get a job related to economics since you can transfer to different departments within the government.
Nothing better than doing a job you love.
I was a double major in economics and geography. Now I teach AP Econ and love inspiring my students to major in the subject!
Will you be joining us in Cincinnati for the Economics Teaching conference in August?
@@EconWithDrA unfortunately, no. But I'll be there in June for the AP reading! Thanks for the suggestion, though. I hadn't heard of JET. Now I'm looking into it
Always special respect and admiration for teachers that choose to teach out of their own passion. Best wishes.
Hey there i finished my high school and now have to choose a course somehow during my high school career the only subjects that I entirely in love with my pure heart was economics and history unlike maths physics etc I truly enjoyed the macroeconomics and microeconomics part the demand-and-supply , opportunity cost etc I was thinking about venturing into a computer course however part of me just wants me to do a course related to economics because I'm just really good at it so i have decided to hopefully major in economics in university
Glad to hear you are enjoying it. Can’t wait to hear how much you like economics at the university level. Keep me updated
I am a software engineer, I got a post grad in IT management and I started working in construction project controls, so after a few years I got a master's in construction management. Driven by my interest in policy, politics, and decision making tools y am starting to develop an interest in economics. Not sure if bachelor's, master's or certificates bit just doing some research. Thanks for the video and any pointers are welcome.
Hi Felipe! Thanks for stopping by. Masters program might be a good option. Depending on your interest in economics you might consider applied or theoretical masters programs. Please don’t hesitate to ask if you have questions.
Hello Sir...
I hope you are doing well.
Its been a while for this video.
Sir, I aim to pursue careers on Governance and policy and targeted economics since A'Level. Now I took Economics as a major...
Sir there is a problem regarding mine.. Sir I'm very weak at mathematics. Thus I'm struggling to maintain good cgpa on mathematics courses..
Sir You know many say economics is all maths. However sir I do not beleive this vague statement & I believe the diversity of economics.allows to specialise on field that will play a role on the development in particular.
Sir Regarding I'm a student, What's your take on being weak at mathematics and how much barrier I might face in the future for this issue.?
Best,
Irfan Mojumder
I am very confused! As I found this great Master's program in Economics and Finance, and I am so intrigued and enchanted by it. My undergraduate school was nothing in business (Mass Communications, Spanish, and Speech Path). But lately, I have been taking certifications on finance and it comes naturally to me plus I enjoy it so much. Any advise is greatly appreciated!
Sounds like you have found your calling, Sohany! What is it that you are confused about? I would love to help.
Bob Castellini, owner of the Reds, majored in economics. He ran a grocery logistics company. I majored in economics and am now running a non-profit. There is no telling what you do with the major, which is a good thing!
Thanks for those examples. I think it’s a good thing too. What do you say to the students that don’t see it as a good thing? Any advice?
@@EconWithDrA if you're hesitant to do economics due to the number of options you have, trust yourself. If you work hard in your degree and apply to areas your passionate about, you will succeed.
Hi! Loved the video, concise and straight to the point.
I have a question. I'm leaning towards doing a master's degree in economics, but my undergraduate is in engineering and I have a master's in project management. Will i struggle a lot in learning the basics of economics let alone doing a master's degree for a field that I have no background in, only interest in the science it self? Thank you.
It will depend on where you study but this video might be helpful given your interest, if discussed non econ backgrounds and graduate education. It is possible to find a masters program that will accept you and yes, it is possible to learn economics. As long as you are interested, everything else is “figureoutable” czcams.com/video/SEOsuV4dZVg/video.html
I'm currently working as a Physiotherapist (this is my third year of being in the field). I did not do any other commerce subjects in High school except Accounting. I'm really considering going back to school and major in Economic and Statistics, at least after next year. Do you have any tips/advice in preparing myself for undergrad in these majors?
Very good choices in my opinion, obviously statistical mathematics can be quite difficult for alot of people and economical mathematics can be more abstract which people aren't used to. I'd recommend you just going for it. Watching CZcams channels that focus on the subjects and studying, keeping up with global economic effects, doing internships and updating your resume.
what do you think is more useful for an entrepreneur into tech industry, economics or business administration, like who would have more useful skills to scale up his company?
I am an econ major and that's one of my concerns too- what exact job type should I apply for? Especially in these times uncertainty is very scary. Thanks for the video!
Would you be interested in a video about how to search for a job in economics?
@@EconWithDrA yes absolutely!! That would be amazing
Perfect. We will start working on it. Thanks for following the show and for your comment.
@@EconWithDrA Same, I am interested. Love Economics but at the end of the day if I can't get a job, I won't do it.
Greetings from Indonesia.
Thank you so much for the informative video. I have plans to learn economics in EU but I myself only have basics knowledge about the subject. Do you mind recommending me some great books to get into economics? Maybe some bit of philosophy inside the book could be great! Thank you again for the great video!
Kevin, thanks for watching. I need to get my list of books up asap. I have had this request often but haven’t made a video for it yet
@@EconWithDrA Thanks for replying! Looking forward for the video.
I’m not sure what i want to major in as i have quite some time until then the job i want to do in the future is a marketing project manager ir marketing manager i’ve seen both business study and economics is good for this job but in general any degree BUT i want to work abroad to highest paying and that is the reason why i want to do economics but idk if i will like it or not as i’m not AS good at maths idk if i should do business study for uni i want to get a good degree that will be of help in the future i think the earliest i start thinking and working about my future the better i haven’t done my GCSE’S YET and ik i have A LOT of time but i think i should start early if that makes sense the big question i have is if i should or shouldn’t do economics bc some say its boring some ppl think otherwise idk do u have any advice?
Is it possible to get into non-quantitative jobs with just a minor in Economics? I'm looking at like ESG or sustainability. I'm majoring in Interaction Design which is completely unrelated but I feel like there could be transferable skills.
Hi i really hope you reply 🙏
Im from malaysia and im going to study economics in taiwan but i dont know if i can work in international companies after graduation as my syllabus is conducted in mandarin ( chinese ). I intend to work in google or any international company after graduation but fear lack of recognition.
Isit ok to study economics in taiwan?
Hi Neko! Thanks for stopping by. Have you consider joining The Econ Games? This will help you develop some international networks and learn of new opportunities. Www.theecongames.com hope to see you at our events.
I am Pragya from India West Bengal and in my school we basically had to make a choice between economics and computer in class 9. Computer was Mandatory from class 1 but in 9 we're being given a choice and i chose economics because of several reasons and im being heavily criticized by my school mates and tution teachers and they are forcing me to take eco but i just dont want to. Your video helped me alot thank you so much🎉❤
Hi, I am currently doing a Bachelor of business science in Analytics. This is my 3rd year and I was confused as to wether I should remain in my stream or change to BBUSSCI in economics. Even though I love to do statistics I also want to go into investment banking and study financial economics. I am currently very confused
I just graduated last month with BSc in Mathematics and Economics but I still don’t know which work to go for. Any suggestions or advice will be appreciated.
What A levels would I need to do to do an economics course, also is business studies necessary for economics
Hi, I am from India ,I am Scince student and few days ago i have completed my high school .I haven`t studey eco for almost last 2 year but i have intrest in it so now i want to do higher studies in eco and become an economist , But is it okay to pursue eco as career opition from not being an eco student becground.
I have questions about pursuing a graduate degree in economics. I majored in accounting and info sys ops mgmt and minored in economics. I did my majors as I wanted to qualify for the CPA (at the time, but no longer) and minored in something I truly enjoyed.
My choices for grad school is either finance w/ concentration of CFA, law school, or economics. I'm having a tough time figuring out what I want to do.
Asmodeus, these are all great options and I can see why you are having a hard time deciding. I think you will have to work backwards. Figure out what you want to do, work wise, then that will help you decide on the graduate program. This is a personal preference since all three options lead to great possibilities.
Hey !
I am a secondary student , about to start IGCSE with the subjects of Economics , Accounting , Business Studies and Maths . I want to get degrees such as CA , ACCA and CFA . Money is my goal , because I know the financial crisis my family has faced . I am confused between pursuing my career in the field of Finance or Computer Science. Both seem to be equally popular in the upcoming years . I want to have a respect , and earn . I am also interested in Business Studies.
It would be great if anyone with a experience could let me know if I am making a right decision . Also to add on , how hard is Finance for a math and money lover?
Sir, BBA and BS economics are interconnected , can we do CA after bs economics with exemption .
I'm majoring in Data Science with a concentration in statistical analysis and I was thinking of minoring in economics do you think it's a good combination? Will it make me more employable and stand out to employers?
Yes it does! That would pay off so much in the labor market. Please do keep me updated on your experience.
I'm thinking of studying economics because it's a broad discipline and I follow the currency would that be a reason to study economics.I'm still not sure if I'm going to like it or should study this subject.
I was a Biochemistry major, but I couldn’t continue because I had to start working, and biochem is a full time degree… I’m thinking about switching to Economics because it has night classes and I can work while I study, and because it is in high demand and I’ve been told it has a lot of opportunities for growth
Yes. A lot of growth potential. Make sure you focus on the applied economics (data and research)
Is business and economy good combination major or digital economy and business anyone have taken it pls give some exprerience
Hello dr . I would like to know how to become economics. Right now I'm studying 12th .what should i do after 12th to become an economist
Hello Dr I graduated with a degree in economics but I want to under take monitoring and evaluation as else but I feel it will just narrow me to doing one job please advise
thank you this is interesting keep going
Thank you! Will do.
Greetings from Sydney, I'm thinking of doing a Bachelor of Economics (Finance). Would it be better to get accreditation eg. CFA or CFP for better chances of employability in the finance sector or would it still be great without?
That’s great. Without is a possibility but the CFA and CFP open up some great doors. But note that they open up different doors. So make sure to learn more before you commit to one path over another
Started my degree in feb and it's a fascinating course. my biggest obstacle right now is mathematics and Business stats.
Thanks for sharing. I am interesting in what part of the math and stats are you finding challenging? I am thinking about what videos to create next, maybe I can help that way
The truth is that I never took hardcore maths in high school. I was never exposed to calculus, algebra etc. So everything I'm doing right now in maths is all new to me.
Good luck. Stay with it. You will get a hang of it with time and practice.
Pls I didn't do elective mathematic in high school, but will it affect me to study economics in the university
Hi Dr.A. Great content! Glad I found it.
I’m looking for online doctoral programs in economics. I will be done with a masters degree in business management by the end of this summer. What suggestions can you give me?
Thank you!
Pamela, thanks for stopping by to watch some of my videos. I do not know of any US universities that offer an online econ PhD. Doesn’t mean they don’t exist, I’ll do some research on this and report back to you. Most PhD programs require you to work closely with faculty advisors and colleagues. Historically, physical proximity was assumed to be a requirement for good team work. The pandemic has changed that perception, and I wonder if universities are introducing online PhD programs.
@@EconWithDrA Thank you, Dr. A. Appreciate your response.
Hello Dr. A thank you for making this video! Do you think a B.S is better than a B.A.? I know they both have their pros and cons, but I would love some insight on this
Both are great. Depends on what you want to do in life. What are your career aspirations and what do you want to be able to do with the degree?
I’m currently a junior in high school. For the longest time, I dreamed of being a mechanical engineer. However, I recently stumbled upon Econ and fell in love with macroeconomic theory. The preceeding statement is not an exaggeration; I quickly and happily read ALL volumes of the Wealth of Nations😂
I’m still debating whether I should be an engineer or Econ major… what would you advise?
I started off as a chemical engineering major. I studied for 3 years then took an econ class and fell in love with it. I switched my major and the rest is history. Do what interests you and you will do well. I love econ because I get to use math and examine human behavior, two things that I love.
Hey, I'm just curious, what did you do?
Did you switch to economics or stayed in engineering?
Yes Lawdog, what did you do?
I also like macroeconomics concept but not microeconomics that much
Same, I am also a junior in high-school and I am so confused if I should do engineering or economics. In mu country we need to be prepared from junior year only if we need to go into engineering... What decision did you finally make??
Which short diploma should i need to do with business economic degree ?
What can I do with economics and environmental science? Can I get into ibd?
I have been teaching economics and mathematics at the high school level for the past 24 years, however spent the first decade of my working career involved in business management for three different Fortune 500 companies. A very good friend whom I worked with at one of those companies earned her degree in Economics, motivated me to attend the same graduate business school as she did, and ultimately she went into IT in the entertainment industry where she now holds an executive position for an organization here in California.
This is great. Thanks for sharing examples of how economics degrees lead to diverse career paths.
Whats the difference between a BA and BS in Economics?
Hello Dr Abdullah; my name is Bright Mulenga from Zambia. I started my professional education With Accounting and decided to also venture into Economics. Am now a third year student of the bachelor of science degree in Economics and Finance; and so far I have enjoyed the journey learning courses like Econometrics, managerial Economics, micro and macro and I feel economics tends to make one think rationally and weigh choices made in view of opportunity cost. What field would you advise me to go into at post graduate level once am done with my econ degree?
This is great. Thanks for sharing. What are your interest? Checkout the econ games speaker series for help connecting with the labor market. www.theecongames.com/
I am enrolling in Economics in a Uni. in Nigeria and this video just solidifies my theory. As an Executive assistant with a Major Human Resources, I've been thinking of adding a second Major is Economics before taking on my MBA. I feel this will better position me to be a better Executive Assistant and prepare me for future positions such as Chief of Staff (COS) and Special Adviser roles in Government. Mind you I'm also taking on micro courses in Disruptive Leadership and Project Management.
Thank you for sharing your journey with us. Wishing you the best. Please keep us updated
@@EconWithDrA Thank you!
Hey Dr. A, I'm currently a student in high school trying to find ways to learn, grow, and demonstrate with my two interests: economics and fitness/health. I think, ultimately, I want to go into managing funds and something finance related that's more focused as a career; however, my main focus right now is getting into a good college and finding a good major related to economics. Would you recommend majoring in just economics or are there more specific majors related to economics based on my particular career interest.
I'd also love to know if you have any advice for someone in my position who's constantly looking for opportunities that will help with growth and applications for college in a couple of years. Nobody in my family has much knowledge in this field, and I'm desperately looking to find advice on things like mentorships and programs that students with this interest usually partake in during high school and beyond. Is it more beneficial and impressive to do summer programs/courses, or should I actually look to research and projects under an economics mentor? Thank you so much for your content!
Hi Melvin, thank you for reaching out. Sounds like you are already on the right path. Your curiosity and passion for your interest will get you far. As far as your college goals economics is a great major and depending on where you go to school and merge it with other subjects.
To learn more about your possible career paths and to pick up some skills consider joining the econ games speaker series or watching the recordings. www.theecongames.com/
Let’s continue this conversation. Please reach out with more questions.
@@EconWithDrA Hey, thank you for your response. Yes, I did some research on possible career paths and found the investment banking to a tier 1 job route to be very interesting. What I found is that such a route is very competitive and demanding, however, although it does interest me. Do you know of people/students going through this route? If so, do they usually major in econ and what do you think are the best ways to get internships/interviews for these positions as an undergraduate? I'm in high school, so I'd also appreciate any advice I can use right now. Really appreciate you!
Hello i did economics at a level maths ,statistics now going to study to china economics and international trade
I have been working IT industry for almost 10 years. All along I had an interest to study econ as I took couple of modules in my university as well while graduating as an software engineer. I was thinking about doing a master program in econ side, would you think that is good choice for someone to switch career and at the same time bring knowledge IT business application knowledge to other side? Your opinion is appreciated.
I will always encourage you to seek your passion. There are great masters programs out there. Sounds like an applied economics masters might be a good fit for you.
@@EconWithDrA Thank you.. I think you are correct.. with that I can use the knowledge I gather from previous 13 years in here.
I’ve been so lost. I like the flexibility. I’m changing my major on Monday. 😇❤️
Welcome to Economics. Reach out if you have questions.
Hi,as an international student ,if I come to a school in USA to study a particular course can I change to another course that same year
Yes, usually you can. Changing might be more difficult if the majors have different admission requirement or if you are receiving any scholarships that are specific to your current major. Switching majors is pretty common. It might add time to your years of completion so make sure to do it earlier rather than later
@@EconWithDrA do you need maths A level to study economics at university?
In the U.S you don’t. I have to ask my colleagues in England and Europe of what their expectations are.
I a student of bcom ...now I want to pursue ms in economics...is it good career option
Hello, sir. I will enter college in the next few months and I want to make sure if I chose the right course, which is BS Economics. However, I am really weak when it comes to Mathematics. Am I still fit in to major in it? I really want to study Eco but I’m discouraged with my math skills :’(
The question I have is how weak in math? And how have you identified that you are weak in math. I have learned that students often underestimate their ability to learn math and lack confidence. Here is a paper I wrote about this problem and how it creates barriers to majoring in economics static1.squarespace.com/static/5b40bba6620b8511b2b9d011/t/5d8b8db42a473e4bee020853/1569426879975/ALBAHRANI%2C+BUSER%2C+PATEL.+2018.+Does+Math+Confidence+Matter%3F+How+Student+Perceptions+Create+Barriers+to+Success+in+Economics+Classes.pdf
If I wanna learn more about economics and maybe work in something related to it does a masters in economics help? I'm in the last year of an undegrad in something completely unrelated (linguistics) but have found an interest in econocmics.
Yes it does help. There are many great masters programs.
I'm in my last year of highschool and am majoring in economics next year. I also have a question, when your in university, how much calculas is there in economics? I heard that you can be pretty flexible in the amount of mathematics there is.
Depends on the school. Most will teach you the calculus that you will need to succeed in economics.
I’m an economic major but I have no idea what path to take in this field
Checkout www.theecongames.com/
Loved the video. I am 1 year a head to finish my bachelor degree in economics and management, but I still didn't figure out what speciality in master should i choose, any advice that can help me in my decision?
Thank you!
Maha, so many options ahead of you. What are your choices and what would help you make the decision?
Thanks for watching and commenting on this video. Great to hear from you
where to study economics online?
hi, I majored in mechanical enginner in Brazil. I would like to study economis minor at USA, but idk where to start. What suggestion would you give me?
Do you want to do a masters in economics? What would your career goals be for your future? There many great Masters program in economics. Which one to pick will depend on what career path you want to follow
I’m currently a business admin college student in California and I’m planning to change my major once I transfer to another university. I find business analyst interesting but not sure how long will it take me to get there and what major should I go with in uni (finance, accounting, marketing, etc).
I’ve also watched another video saying that economic major is a bit too theoretical and some of the classes like micro and macro are not applicable to the real world, so it’s better to have a minor (or double major) in finance/accounting along with econ major. Is that true?
That might be true depending on the school you go to. But theory is important. Applying it is important too. I think all majors are better when combined with other majors. What it comes down to, is how much you apply yourself and how much you invest in building your future. The major is only one part of the equation.
I’m getting my adt in Econ and business. I don’t think I want to double major for my bachelors so I’m in the process of deciding business vs Econ major. Are career opportunities for Econ plentiful with a bachelors or do you need a masters?
Hi. This question comes up a lot. I created a video that might be helpful czcams.com/video/H8oJYe9J7QE/video.html
Hi Doc i like your passion towards economics. I have long wanted to cross over towards economics.I am in the health sector , a nurse also with a business and entrepreneurship degree. I want to pursue a Msc in Health Economics and i have an opportunity to see my dream through my employer now i don't know which school i could enroll in. What advice can you give me
Congrats on pursuing your dream. And thanks for your comments. Sounds like you have options? If so, we can discuss how to choose what’s best.
I am currently in school majoring in Econ, I would be the first in my family to have this degree. I have no idea where I would like to work but love the flexibility of its broadness.
Best of luck with your studies. If you are looking to expand your network, make sure to check out The Econ Games. Check them out on Instagram. @theecongames
@@EconWithDrA Thank you, I just did.
Great video! Do you have any book recommendations to fully grasp economics and for better understanding. For a person like me starting college in august I’ve been soul searching on what I want to study I feel like this major is a great investment for my future.
Good question. So many great books out there depending on your interest. I can recommend some based on why you think this major fits your interest.
I am also in search of study material that will help me in developing a strong interest in this eco major so that it will be a good investment for future in this field
@@EconWithDrA Sir Can We Get Admission in Economics after 12th .. I study engineering in 12th is it possible Now to Get Admission in Economics for bachelor's ?? Please Reply
Depends on the country. In the US, the answer is yes.
@@EconWithDrA Sir In Czech republic is it possible please Guide 🥺🥺
I have chosen economics as my major. The college i am going to offer history maths as complementary subjects.
Can someone suggest me which is better .. I'm not a fan of maths..but everyone says to take maths ..what negatives will i have if i don't take maths ...?
It really depends on what you want to do after college. If you’re interested in doing a PhD then you first have to take a lot of math, which you can read more about on the AEA’s website. For that, the math-econ major is the best preparation. Note that you don’t need to major in history to study it, though!
Check out Tyler Cowen’s interviews with Nathan Nunn and Melissa Dell to see the cutting edge of historical economics!
Also check out some related research videos on the Econimate CZcams channel!
Excellent
I am studying architecture, but am interested in economics, especially the understand of decision making. do you believe doing a postgraduate studies in economics to be beneficial to architecture? if so how? or do u think it is something that is probably better spent doing research in spare time as the two areas are too vastly different
You might be interested in urban economics and city planning economics. One of my favorite tours is the Chicago river architecture tour. It’s fascinating to learn more about the relationship between economics and city design. Sometimes economics influences the design of the city and sometimes the city design impacts economic outcomes. There is an overlap between the two. Here are some videos to check out czcams.com/video/IFjD3NMv6Kw/video.html
czcams.com/video/ytqJKy9KIOc/video.html
czcams.com/video/x0MnGZ1gB4k/video.html
@@EconWithDrA Thank you so much, I will look into it further :)). awesome video by the way
If I major in Economics, is it possible that I can work in the supply chain management field?
Yes. Just make sure to take some data courses and some management electives
I just passed high school and will apply for college soon and I'm scared and stressed cause I still don't understand and lacks so much in my knowledge of economics but since I like it I don't have any intention to drop so even if I regret I guess Ill just have to take responsibility I'm just saying this here cause I have no one to talk too---- from india thank you:)
Thanks for dropping a note. It is ok to be worried about the future. Normal feeling we all have but rarely talk about. I just posted something on Instagram that I think would be helpful here. “Stop worrying about the outcome and focus on enjoying the journey”. Learning more about economics is the journey, eventually as you learn more, new opportunities will present themselves. All you can control is what you do, be passionate, curious, and enjoy the learning process. Good luck. Stop by anytime to chat!
Dr. A I really hope you open and see this, even though it’s been months since the video came out. I have a question, I been doing my research about taking economics or what actually economics can influence just not myself but to a lot of people, question is: Does attending a specific school matter? in terms of wanting to have a great outcome of learning THE ECONOMICS. I know IVY league schools teaching in economics are way focused differently (which is not an ideal to attend by everybody) than other colleges. Last question: Is economics fully based on essays and Is writing essays a huge factor in passing this major? Coming from me who really struggled or who procrastinate writing essay but willing to learn how to write essay specifically and learn.
Mesha, I see your comment. I’ll try to answer your questions but I am sure my answers will spur other questions so please ask away. 1- does school matter? Yes schools matter. But it depends on what you want to do, what life you want to have, and where you want to live. It’s more complicated question. Path to economics and careers in economics are so varied. 2- economics is based on your ability to communicate complex ideas effectively. Whether that is through essays, data visualizations, or mathematical expressions. You will have to communicate, the method will vary. Also writing ability is not fixed, you can learn how to write, with the right help, you will learn to love it. Finally, have you checked out our speaker series? www.theecongames.com/
It’s a good group and network to affiliate with. Hope to see you at one of our speaker series. Next one is April 6th
@@EconWithDrA thank you so much for responding never thought you’d see it. Anyways, reason why I asked the first question is hearing from others that there are some colleges specifically professors that don’t so well have students understand economics as the outcome, which I agree and disagree until I saw your “how to learn” vid. Talking about you need to teach yourself or using the method (SQ3R method) on how to learn new things in general literally was just watching it soon as I saw your response. Like I’m an open minded student or I try to be, math wise I have no problem with it, data visualization i can deal with and as long as I have a good teacher that can go deep into it yeah I’m open for it to learn, and etc. I truly want to be an instrument to influence people in a broad way you know like I think bigger than me and the way I look at conflicts around us it gets my nerves thinking deep solutions for it and that’s why I find economics comfortable to think and wanting to learn. Reason why I asked what specific school are they and i know there’s a lot out there. I’m thinking UTAH STATE UNIVERSITY. I appreciate your time
USU is a great place. Thanks for watching more of my content. If you ever have ideas of videos you want to see please share
@@EconWithDrA again I appreciate you taking your time to respond and sharing some wisdom and knowledge to me as a pre college. I’m definitely committing to economics haha
This might be a little nuts, but I would love your opinion about pairing economics and English, or anything with an emphasis on writing. I'm an international student, but I really like writing and reading so I was wondering if I can pair my interest in economics with English
Economics majors that can communicate effectively are in great need. I just saw a posting a couple of weeks ago from the Economist. They were looking for just that, writing capabilities and economic knowledge. If you are passionate about it and make it your purpose to use English to better communicate economics, then that is a win!
@@EconWithDrA Thank you for your fast response. It's reassuring to hear from someone within the field
Hi
I love finance and I've two options what should I choose BA economics and BCOM (basically accounting)
In economics I love practical stuff but hate theory and in accounting I hate every part of it .
What should I choose?
Zedd, theory can be fun if taught correctly. As far as your choices, I would pick the one that you don’t hate everything about it! Good luck.
Sir how can i contact you ?
I have a question. You said that “graduates with economics major make good money”. Do you mean that people who graduated with bachelor level undergraduate degree, or people who graduated with master’s graduate degree? Please answer the question. Thank you.
Please see this video Should I Study Economics? A look behind the data
czcams.com/video/LEJmFn7oQvA/video.html
Do you know some schools that are a good choice for a major in economics? The tuition being not too high but having more opportunities than others?
I am biased but I think Northern Kentucky University has a great Econ program and students. Tuition is affordable and job placement is high.
Does it matter between a BA and BS in Econ? I got accepted into a liberal arts college and all their degrees are BA
It doesn’t matter as much as people make it seem to be. Depends what you want to do. Grad school doesn’t make a distinction, if any, they might prefer BA. For employment, focus on your experiences while in college. Get involved. Build your resume
Hello Dr.A, I am a first-generation college student, and I have to choose my major soon. Even though I am more geared towards a statistics or data science major, I am anxious about my decision and the future. Here's my question; do you think double majoring in economics and statistics or data science will make me stand out as a strong job candidate after graduation? Because I was told that as a statistics major, it is good to have a domain knowledge in a specific field. I am curious about your opinion on that. Thank you.
Knewzi, thanks for the comment. Absolutely a combo of data science or stats and economics is a huge plus in the market. In addition to the things you do on campus, consider joining external communities. Not sure what university you attend but consider joining the econ games. Check out this video I just released. And reach out if you have questions. Glad you stopped by my channel czcams.com/video/vYmb-sBRz_Y/video.html
@@EconWithDrA Thank you for your input Dr.A. I'll take a look at it! I am a community college student in California and I am planning to transfer to UCLA. I am glad to know I am on the right track.
Thanks for I'm also an economist
Hi, I am from Bangladesh and I have recently taken economics as major. My dream is to become an economist and lead my country to higher level.
That’s a great dream. Most students studying economics want to make a difference. Welcome to the group Raiyan
Help me please my teacher ask the question for assignment why study economics ? Please sir help me answer that question
Thanks for watching. So many reasons. The video talks about some. Economics is the study of how we allocate resources when they are scarce, it’s about decision-making. Study economics to make better decisions
Hi! 👋
I want to study economics to become accountant. But i am bad at math and i don’t have math courses since 3 years. I dont even know what algebra is. I can only do simple math. Do u think that i am still able to study economics ?
Taha, Thanks for your question. If you are interested in being an accountant, have you considered being an accounting major? I also recommend taking on more math and not giving up on it. Math is learnable check out this video about how to succeed as an economics major czcams.com/video/O4yZ3_nMQ1Y/video.html
Professor i need a urgent help from you can u advice if i do pure economic degree or economic with data sceince can i apply for computer science major in top 100 Qs ranked universities or even top 50..
Depends on what you want to do next. If you are thinking doctorates degree in the future then pure econ would be slightly better. If you are thinking industry than econ with data science. However, you can’t go wrong with either. Do what you like more and the rest will fall into place.
@@EconWithDrA professor i just wanted to study advance computing algorithm and explore cs much but fate is as such now I have to take this degree.. economic with data science....my only question is can I join in ms program 🙂 in top 50 universities....do they do interview to check your cs knowledge I will be ready for that...