Business Vs Economics Reddit

Juni 04, 2020

As mentioned above economics is a much wider concept than business. Economics carefully analyze and interpret how the activities of individuals will affect the progress of a country whereas business is more concerned about how the actions of their employees and management.

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Economics is a great degree especially paired with classes focusing on technical skills like programming data analysis and statistics.

Business vs economics reddit. I d like work in one of the major six film studios under the business sector possibly working up to becoming a producer while pursuing my other interests. Key differences between economics vs business. News and discussion about economics from the perspective of economists.

I know that business economics is essentially economics with an accounting minor. To give you an idea my school doesn t offer any other business related major other than economics and we still have kids going to ib sales accounting finance etc. Let us discuss some of the major differences between economics vs business.

Even many economics graduates often go for the finance domain because they feel that they want to explore more practical aspects of the business than devising theoretical models. Investment private banking financial advising business analytics consulting information technology insurance the list goes on. Studying economics is an excellent way to gain expertise in problem solving skills and to cultivate a rational method of observing and solving problems.

I would say go with the one you think you will enjoy do better in. But anyways for prospective college students who are thinking about economics and business be warned that economics uses quite a lot of math and mathematical intuition as well as statistical thinking. I m a junior that s 95 finished with his degree sunk cost fallacy lol.

I d say it also depends on what you want to get into afterwards. Finance professionals are much diverse than economists profile. The concepts taught in an economics degree are more overarching than those learned in a business degree as business schools are more aimed at teaching skills that are directly related to business career paths.

The name of the major won t matter much in the end if your end goal is career oriented. Generally i would consider our business degree and any. However i m not that interested in accounting nor am i interested in investment banking or consulting.

It all comes down to what interests you what your intended career path is and how specialized you want to be. Economics is also considered to be an excellent subject for graduate study in the fields of government business economics law labour relations public administration and diplomacy.

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