Intro to Macro

Intro to Macro - Advising 1 Thoughts About What, Why, And...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Advising 1 – Thoughts About What, Why, And How To Do College CONCEPTS Consumption vs. Investment – you take courses for ‘enjoyment’ and for building your human capital - skills and abilities for use on the job. Investment in Human Capital o General - background skills like reading, writing, thinking, analyzing o vs specific human capital – needed on the job and best learned on the job. Returns to Higher Education o gross – almost double annual income for college degree compared to high school, and maybe higher non-pecuniary returns o net 5-12% per year Serendipity – life is often quite unpredictable, prepare accordingly ( ) PRINCIPLES GET UP, SHOW UP, KEEP UP Have a plan -think NOW, about where you want to wind up after 4 (5) years o cum laude, phi beta kappa, honors, Rhodes scholar, president of frat o time abroad? o interesting important summer jobs/internships Do your homework - find out about opportunities, requirements, etc before rather
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

Intro to Macro - Advising 1 Thoughts About What, Why, And...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online