Advising 2 Why Economics

Advising 2 Why Economics - Why Consider a Major/Minor in...

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Why Consider a Major/Minor in Economics? Alfred Marshall defined economics as "…a study of mankind in the ordinary business of life." John Maynard Keynes said that "the theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique which helps its possessor to draw correct conclusions." Why Economics? Understand and Change the World Important, Interesting, Useful Subject o Wide range of applications, from business to personal, from politics to history o Academically demanding – makes you smarter o General, lasting principles and way of thinking – not quickly outdated Strong Background for Careers and Graduate School o Econ graduates have gone into: Investment Banking, Accounting, Financial Services, MIS, Law, Medicine, Sales, etc. Diversified, Flexible Background o Don’t have to decide on field now o Unlikely to become outdated o Basis for wide variety of career paths
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Advising 2 Why Economics - Why Consider a Major/Minor in...

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