Pure Economics, and other Economic Variants

University course discussion for economics.

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  1. TheSupremeOne's Avatar
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    Pure Economics, and other Economic Variants
    Hey guys I need help deciding which degree I'm going to do, I think I'm going to not do pure economics as a combined degree will open more doors, but I have no idea which to choose.
    Right now I'm thinking Economics and finance, or accountancy.
    Also can someone break down some good economics BC (I think) and BSc degrees for me! I think I might not get a good maths grade this year, maybe even U so my predicted grade might be low (not sure if teachers predict what you want) so I should know about those.

    Could someone please summarize some BC and BSc combined economics degrees, and recommend or discuss some, would be appreciated.
    (I want to be an entrepeneur by the way, I wish to draw knowledge from the degree, not only that I want to use the degree to work part time/full time - while I create my businesses and I also want to use the knowledge to create a shift in the format as such a small amount of money is needed to end all poverty, I want to also open non-profit organizations efficiently. Thanks.)
  2. TheSupremeOne's Avatar
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    Re: Pure Economics, and other Economic Variants
    Bump
  3. printergirl's Avatar
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    (Original post by TheSupremeOne)
    Bump
    Me too pro and cons needed for econs vs econs and finance
  4. TheSupremeOne's Avatar
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    • Posts: 62
    Re: Pure Economics, and other Economic Variants
    Oh I meant BA guys, my bad!
  5. Hebbamundo's Avatar
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    • Posts: 352
    Re: Pure Economics, and other Economic Variants
    Bsc's are more Mathematical (hence scientific) whilst BA's are more qualitatively based (essays, etc). If you're better at Maths and Science, go for a Bsc. If you're better at structuring arguments and humanities (subjects like History), go for a BA.

    In terms of employment prospects, Bsc's are usually thought to be superior. I think that this is a myth; if you go to a 'top' University offering a BA (such as Oxbridge, Durham) you'll have the same graduate prospects as someone doing a Bsc in Economics (if not better). Most 'top' University's Economics BA's are quite Maths based anyway.
  6. henriksebastian's Avatar
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    • Location: Lima - Peru
    • Posts: 70
    Re: Pure Economics, and other Economic Variants
    I'm interested in entrepeneurship too, more specifically investment in a country such as Peru in the construction / real-estate sector.

    Studying Economics and then working for an investment bank, for example, might give you a better idea of all kinds of financial devices and stock markets, so if you later on want to invest in them you'd be at an advantage, but generally Economics taken to a professional level is different from being an entrepeneur.

    Entrepeneurship requires risk-taking, "common sense", good ideas... any studies aren't necessary. My mom's a real-estate investor and she studied photography haha.

    Have you looked into microcredit? That might combine altruism with your interest for economics and finance
  7. .ACS.'s Avatar
    • Community Assistant
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    Re: Pure Economics, and other Economic Variants
    (Original post by TheSupremeOne)
    Hey guys I need help deciding which degree I'm going to do, I think I'm going to not do pure economics as a combined degree will open more doors, but I have no idea which to choose.
    Right now I'm thinking Economics and finance, or accountancy.
    Also can someone break down some good economics BC (I think) and BSc degrees for me! I think I might not get a good maths grade this year, maybe even U so my predicted grade might be low (not sure if teachers predict what you want) so I should know about those.

    Could someone please summarize some BC and BSc combined economics degrees, and recommend or discuss some, would be appreciated.
    (I want to be an entrepeneur by the way, I wish to draw knowledge from the degree, not only that I want to use the degree to work part time/full time - while I create my businesses and I also want to use the knowledge to create a shift in the format as such a small amount of money is needed to end all poverty, I want to also open non-profit organizations efficiently. Thanks.)
    If you're bad at maths, then you want to avoid economics and finance as disciplines. At any decent university, irrespective of BA/BSc, they're going to be mathematical.

    Maybe opt for something like Management? Or Business Administration?
  8. .ACS.'s Avatar
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    Re: Pure Economics, and other Economic Variants
    (Original post by Hebbamundo)
    Bsc's are more Mathematical (hence scientific) whilst BA's are more qualitatively based (essays, etc). If you're better at Maths and Science, go for a Bsc. If you're better at structuring arguments and humanities (subjects like History), go for a BA.

    In terms of employment prospects, Bsc's are usually thought to be superior. I think that this is a myth; if you go to a 'top' University offering a BA (such as Oxbridge, Durham) you'll have the same graduate prospects as someone doing a Bsc in Economics (if not better). Most 'top' University's Economics BA's are quite Maths based anyway.
    Your second paragraph contradicts your first one. Irrespective, a BA degree is not by default less mathematical/technical than a BSc qualification. This is a fallacy that is too often repeated ad nauseam on these forums.

    The mathematical level in a degree depends solely on the university attended (hence the modules that university in question offers) and the modules chosen. It depends on nothing else. There are many universities that now offer a BSc due to this fallacy but are in fact less mathematical than other universities offering a BA degree.

    The only grain of truth is when a university offers both a BSc and BA programme. However, this is not to say the BA is less mathematical than the BSc. The usual case is that the BSc has all quantitative modules as compulsory but the BA is more flexible, allowing you to choose the quantitative modules if you so choose. Hence two people could graduate from the same university, one with a BA and one with the BSc, but each having done exactly the same modules.
  9. MagicNMedicine's Avatar
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    Re: Pure Economics, and other Economic Variants
    Doing a joint honours degree doesn't really 'open more doors' IMO, unless you combine with a language.

    The problem with joint honours economics degrees is they end up being harder because you are only spending half your time on economics so the more advanced material (eg when you get to third year) is more challenging because you haven't been as practiced as those doing single honours would be. Also if you then want to do anything to do with economics, eg an MSc or apply for an economist job, you will have to go through the rigmarole of proving your degree contained enough economics that they want, which it may not.

    If you have a real reason for doing joint honours, eg you really like politics and want to do economics and politics, fair enough, but if you're just hedging your bets or sort of like economics but think you'd like to do a bit more then you might be just making your uni experience harder.
  10. hannah60000's Avatar
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    • Location: London
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    Re: Pure Economics, and other Economic Variants
    (Original post by MagicNMedicine)
    Doing a joint honours degree doesn't really 'open more doors' IMO, unless you combine with a language.

    The problem with joint honours economics degrees is they end up being harder because you are only spending half your time on economics so the more advanced material (eg when you get to third year) is more challenging because you haven't been as practiced as those doing single honours would be. Also if you then want to do anything to do with economics, eg an MSc or apply for an economist job, you will have to go through the rigmarole of proving your degree contained enough economics that they want, which it may not.

    If you have a real reason for doing joint honours, eg you really like politics and want to do economics and politics, fair enough, but if you're just hedging your bets or sort of like economics but think you'd like to do a bit more then you might be just making your uni experience harder.
    Is this based on opinion or experience??
  11. MagicNMedicine's Avatar
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    Re: Pure Economics, and other Economic Variants
    (Original post by hannah60000)
    Is this based on opinion or experience??
    It's based on seeing application forms. They always say stuff like "if your degree is joint honours then you must supply evidence x,y and z so we can consider if you have covered enough required economics"

    A guy I know got a 1st in PPE from Oxford and some unis wouldn't take him on for an MSc Economics because they thought he hadn't covered enough, although he got round it by doing a Masters in Economic History instead.
    Last edited by MagicNMedicine; 14-07-2012 at 11:40.
  12. Zenomorph's Avatar
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    Re: Pure Economics, and other Economic Variants
    Nah, that's wrong, economics can have as much or as little maths as you want.

    a BA in economics / or with politics say will have much less math than a straight economics. Don't always believe the hype, I went to a uni with a so called good level of maths in the degree and it was neither very well run nor did they require A level math AND the joint honours had much less maths than the full BSc.
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