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Econ Major & Gatsby Project (help me choose)

Blogs > Froadac
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Froadac
Profile Blog Joined July 2009
United States6733 Posts
Last Edited: 2011-05-10 06:15:51
May 10 2011 06:13 GMT
#1
1) I have been exercising. See pitiful numbers https://spreadsheets.google.com/ccc?key=0AhNskixPW9hQdE9PX0ZSZFRJZUJBRHRQUzZHT3NwMmc&hl=en&authkey=COC5sqwI

2) Right now I am really interested in economics. Of course I understand that just because I'm really liking a certain field and reading about it that I may not necessarily want to major in it in a year. But I always thought I would do some sort of engineering thing, but economics is really interesting.

In any case, I was looking at http://www.payscale.com/best-colleges/degrees.asp and it would appear the pay is approximately the same.

But my question becomes what the hell does an economics major do? I'm sure many become lawyers, a fair few politicians, but what do most of em do. I'm sure not all (not even a majority) do any sort of substantive research as scholars. But with a pay rate that high what the heck do they do?

Can't seem to find out anywhere online? Any econ majors out there, who are doing anything? What are your peers doing >.>


I also have a great gatsby project due rather soon. I can't figure out which option to do, and need to choose tomorrow, ranked 1, 2, 3. So teamliquid, which one should I do (I reserve the right to do whatever the heck I want to do lol)

List of options

*
Z3kk
Profile Blog Joined December 2009
4099 Posts
May 10 2011 06:27 GMT
#2
You definitely came to the right place to ask about econ lol :3

I say go for it! ^^

(I know little to nothing about.....everything, but I am a well-qualified cheerer)
Failure is not falling down over and over again. Failure is refusing to get back up.
Froadac
Profile Blog Joined July 2009
United States6733 Posts
May 10 2011 06:30 GMT
#3
Lol. I dunno, It's interesting right now but as with engineering what is done at low levels has next to nothing to what is done at high levels.

And how one is employed
numLoCK
Profile Blog Joined November 2008
Canada1416 Posts
May 10 2011 06:45 GMT
#4
I'm majoring in economics but I am planning on becoming a lawyer, so I don't really know. The thing about any business related major is that businesses are going to have a need for you. So economics is definitely something that has quite a bit of potential.
And economics classes are really fun. For me, it was something I thought looked interesting and has proven itself to be exactly that.
Comeh
Profile Blog Joined July 2008
United States18919 Posts
Last Edited: 2011-05-10 06:46:53
May 10 2011 06:45 GMT
#5
99% chance is that your first starting job with econ will not be anywhere near the starting salary of an engineering major.

However, it depends on how far you go into it among some other things.
I'm graduating with an econ degree in a few days - I could say more but I feel there are some more educated than I about doing things with an econ degree.

From my knowledge and discussions I've had - many people see economics as a broad sort of major that can be applied to many different business positions. However, that's just some discussions i've had with interviewers :|.
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The_LiNk
Profile Blog Joined July 2010
Canada863 Posts
May 10 2011 06:53 GMT
#6
I'm looking to study economics in university too or commerce/business studies. Probably going to specialize into mathematical economics or financial economics.The university I'm admitted to has an Arts major in Economics (this is for softies, or double majors in combination with something else, at that point you become hardcore) and 3 specializations which lead to Bachelor of Sciences (cuz we do math and math is hardcore and asians are hardcore so we do math). he Financial Economics major (the one I'm really interested in; we choose specialties and majors 2nd year) states that it "prepares graduate to work in the financial sector." so I'm assuming that it grooms the graduates to work in banking, funds, etc.

From what I've read up, economics degrees lead to various careers. A lot of the careers seem to relate to finance and banking. Economics degree on its own as an undergraduate isn't very impressive though; every BA and their mother are economics majors. You're probably going to need a MA in Economics or another Masters like the MBA. Professional accreditations like the CFA would help a lot too. Personally I'm planning on following up my undegrad with an MA (only 1 year extra if you did an undegrad in economics) and then move on to MSc in Management or Masters in Finace or Masters in Financial Economics (really depends on the school and what they like to call their graduate studies programs) or MBA.

flowSthead
Profile Blog Joined March 2011
1065 Posts
May 10 2011 07:00 GMT
#7
No offense hopefully, but that is a stupid, stupid Great Gatsby project. Props to your teacher for finding a way to ruin a great book with unnecessary sentimentality and historical context. (Not all context is unnecessary, but the amount she wants from this project is absurd and leads to no better understanding of the book).

I would choose:
1) Option 8 (the only one I really like
2) Option 9 (although this one sounds like a lot of work, unless you can bullshit pretty well)
3) Option 14, because why the hell not teach people a dance from the time, something 100% unrelated to the book.

As for econ, I went to a business school, so most of the people I talked to that did econ, were usually planning on doing something else with it. They either did econ as only one of their majors (double majoring), or they were planning on going into an MBA right after undergrad. An econ background can always be useful if you go into business, and even at times if you do not. But I would not say there is something specific that it leads to. I knew marketing majors and finance majors that both did econ and wanted to go into consulting.
"You can be creative but I will crush it under the iron fist of my conservative play." - Liquid`Tyler █ MVP ■ MC ■ Boxer ■ Grubby █
Sadistx
Profile Blog Joined February 2009
Zimbabwe5568 Posts
May 10 2011 12:58 GMT
#8
If you're planning to do actual science of Economics, you're going to need to go to graduate school for an advanced degree.

If you want to go into a related field, i.e. finance, accounting etc. then just get a double major.
Pure Econ doesn't count for much, since it's a bunch of theory that they teach you in the university. Also, don't expect your salary to be as high as listed on that site.
Froadac
Profile Blog Joined July 2009
United States6733 Posts
May 10 2011 14:56 GMT
#9
On May 10 2011 21:58 Sadistx wrote:
If you're planning to do actual science of Economics, you're going to need to go to graduate school for an advanced degree.

If you want to go into a related field, i.e. finance, accounting etc. then just get a double major.
Pure Econ doesn't count for much, since it's a bunch of theory that they teach you in the university. Also, don't expect your salary to be as high as listed on that site.

Thanks.

Figured as much

Still have a while to figure things out in any case.

(yeah, the first thing is obvious.)
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