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?

I rarely took economics in high school. I wish I did so more.

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 KZfaq 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. kzfaq.info/get/bejne/hZqpjZaQ07O1YY0.html

What is your actual degree, to be able to major in subjects of economics and marketing?

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 kzfaq.info/get/bejne/gqt6oKmfnNW1pnU.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!

Economics is amazing!

You might be interested in yesterdays video Should I Study Economics? A look behind the data kzfaq.info/get/bejne/gqt6oKmfnNW1pnU.html

ggf

Thanks for sharing your path. I love hearing how my friends ended up where they are.

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

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?

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

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?

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 kzfaq.info/get/bejne/gqt6oKmfnNW1pnU.html

So happy to hear. Hope you enjoy the other videos too. Check this one out kzfaq.info/get/bejne/fp6ffbyWnrCbgXk.html

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.

Yes! Love that you are loving what you are learning. No better feeling

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 kzfaq.info/get/bejne/gqt6oKmfnNW1pnU.html

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.

Nothing better than doing a job you love.

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.

Glad to hear you are enjoying it. Can’t wait to hear how much you like economics at the university level. Keep me updated

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.

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” kzfaq.info/get/bejne/iat_ptiHmcq-hps.html

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 KZfaq channels that focus on the subjects and studying, keeping up with global economic effects, doing internships and updating your resume.

Sounds like you have found your calling, Sohany! What is it that you are confused about? I would love to help.

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.

Thank you! Will do.

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.

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

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.

Yes it does! That would pay off so much in the labor market. Please do keep me updated on your experience.

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.

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!

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

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.

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

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.

Depends on the school. Most will teach you the calculus that you will need to succeed in economics.

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/

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 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.

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.

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 kzfaq.info/get/bejne/f6yad5Z_styae6s.html kzfaq.info/get/bejne/r9qhfa6qnrGtf5c.html kzfaq.info/get/bejne/rpZ9oaqLls2mZJ8.html

@@EconWithDrA Thank you so much, I will look into it further :)). awesome video by the way

Yes it does help. There are many great masters programs.

Yes. A lot of growth potential. Make sure you focus on the applied economics (data and research)

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.

Thank you for sharing your journey with us. Wishing you the best. Please keep us updated

@@EconWithDrA Thank you!

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

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

Hi. This question comes up a lot. I created a video that might be helpful kzfaq.info/get/bejne/fp6ffbyWnrCbgXk.html

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??

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.

I am biased but I think Northern Kentucky University has a great Econ program and students. Tuition is affordable and job placement is high.

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.

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.

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 kzfaq.info/get/bejne/rL-dlZCkp7jej40.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.

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

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 🥺🥺

Yes. Just make sure to take some data courses and some management electives

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 kzfaq.info/get/bejne/hZqpjZaQ07O1YY0.html

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

Yes it would be. Most of my students are doing well with that combination. Highly recommended

This is great. Thanks for sharing examples of how economics degrees lead to diverse career paths.

Yes. If you like being able to be flexible then it’s a good major. If you need a specific career path to feel comfortable with what you are studying then it’s not a good major. Many students get overwhelmed with the possibilities that economics presents to them. I like it, but I recognize many don’t.

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 KZfaq channel!

Thanks for reaching out. Economics is a great major for a pathway to law school. There will be math though. I would like to ask, why does she think she is not great at math? More importantly why does she believe she can’t get better at math? Whatever the major is, a growth mindset will be critical for success. With the right effort and resources, everything is figureoutable! I hope she pursues her passion and the path that is best for her. I believe she can.

Checkout www.theecongames.com/

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...

Masters will be more math intensive. Econometrics is important as well but sounds like you are more interested in theoretical economics rather than applied. Math will be very important for theoretical work. The good thing is there are so many different masters types out there. The more important question is not if you can handle it, but why do you want a masters?

@@EconWithDrA Hi Dr A. im in a similar position. i love economics, but i realized my business economics degree is without econometrics. which means i cant pursue the area i want (based on the networking ive made). a lot of the people ive talked to said econometrics and honours are fundamental in the field. while i can pursue it, additional costs of the degree is something im concerned about. I would like to get into the agriculture/environmental/energy sectors but given the limitations of my degree, im not sure of what opportunities there are out there for me to be an economist. any tips/suggestions?

So hard to predict. Depends on your location, what skills you develop while studying, and how do you show the skills you have learned.

@@EconWithDrA OK so I'm an international student looking to study in USA, so I'm meant to decide between economics&finance as a double major and nursing, which do you think I can get a good job in better and has the highest pay especially as I get more experience in the field

With reference Currently in usa