I have just received my examination results and it looks like I have met the conditions of my economics offer. I am a little unsure about the usefulness and value of an economics degree. Can someone convince me that I am making the right decision in accepting?
Last edited by Sholto; 02-06-2012 at 08:44.
Depends what you're looking for.
(Original post by Sholto)
I am a little unsure about the usefulness and value of an economics degree.
A job? You'll get it if you do well in the course and jump through the hoops of what recruiters look for.
To go into academia? Definitely an option.
To understand real economics? Debateable. You'll probably graduate from LSE more confused about economics than when going in. 90% of it will be pretty abstract and difficult to apply to what you might read casually in a newspaper. I guess the idea is that you're taught the framework of formally analysing issues of real life, but actually going and thinking about real life is left to you.
To pick up skills? You can choose modules to develop mathematical/statistical skills. You will not develop any real computer skills. You will develop a new way of thinking that I suppose is transferable to virtually anything.
In terms of value, with the new tuition fees probably most undergrad degrees are overpriced, but amongst them LSE Economics is definitely one of the best options.
Last edited by Swayum; 05-06-2012 at 04:48.