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    Was just wondering would you say an economics degree is it worth it? Some people have said it's not worth choosing and you may aswell do a better degree as it will open up more career options and is more respected. Was looking on people's opinions on this, thanks.
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    (Original post by GCSE2016Troop)
    Was just wondering would you say an economics degree is it worth it? Some people have said it's not worth choosing and you may aswell do a better degree as it will open up more career options and is more respected. Was looking on people's opinions on this, thanks.
    What better degree?
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    (Original post by soccermom39)
    What better degree?
    engineering, medicine, maths, dentistry, and possibly more would be considered a better degree than econ
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    (Original post by GCSE2016Troop)
    engineering, medicine, maths, dentistry, and possibly more would be considered a better degree than econ
    Fair enough, though some of those seem even more specialised than economics.

    On the other hand, you could take maths with Economics.

    In any case getting a masters might be more important if you're doing economics, nevertheless, you will still have the possibilities of doing many different jobs.

    Anywho if your concern is money I wouldn't worry about it too much, again get a masters, do it with Maths, get a PhD, Get experience, get contacts, they won't necessarily secure money but with economics I'm pretty sure they'll open the door. (as opposed to less 'useful' degrees)

    If it's reputation or social standing you're worried about again it's quite easily achievable in economics; economists are respected, but doctors are probably held in higher esteem though that's to do with ethics and morality I'd say.

    In any case It doesn't really matter what degree it is as long as you like it and you can get a decent job, emphasis on YOU because it should be YOUR choice.

    However, some people might advise you to do something you're good at/ something practical and do what you like as a hobby
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    (Original post by soccermom39)
    Fair enough, though some of those seem even more specialised than economics.

    On the other hand, you could take maths with Economics.

    In any case getting a masters might be more important if you're doing economics, nevertheless, you will still have the possibilities of doing many different jobs.

    Anywho if your concern is money I wouldn't worry about it too much, again get a masters, do it with Maths, get a PhD, Get experience, get contacts, they won't necessarily secure money but with economics I'm pretty sure they'll open the door. (as opposed to less 'useful' degrees)

    If it's reputation or social standing you're worried about again it's quite easily achievable in economics; economists are respected, but doctors are probably held in higher esteem though that's to do with ethics and morality I'd say.

    In any case It doesn't really matter what degree it is as long as you like it and you can get a decent job, emphasis on YOU because it should be YOUR choice.

    However, some people might advise you to do something you're good at/ something practical and do what you like as a hobby
    Thanks for your help it is much appreciated.
    Just to clarify, are you saying its best to do a masters degree in econ if so why? Also, were you saying getting a masters, doing it with maths etc etc is the way to go if your more concerned about making money?
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    (Original post by GCSE2016Troop)
    Was just wondering would you say an economics degree is it worth it? Some people have said it's not worth choosing and you may aswell do a better degree as it will open up more career options and is more respected. Was looking on people's opinions on this, thanks.
    Is it worth it? Well, let's look at it from an Economics perspective

    You have a limited resource known as time. You will be allocating an expected amount of it (three years), so what are the opportunity costs/missed opportunities of allocating said time to Economics? What is the utility (or satisfaction) you get from studying Economics?

    Are you interested in Economics in the first place, moreso than other subjects? If you aren't, then those three years at university will be tough, but if you actually enjoy the subject then studying it you're more likely to benefit from studying it (greater motivation and interest translating into benefits like better grades, better job offers, personal satisfaction etc.).

    What do you value most from a degree? Are you just after a high paying job? Or do you actually want to explore the field in more detail, possibly in a more academic setting? Does Economics offer more of that or will you find more value in another degree?

    These are all questions you need to answer yourself. I'll simply say that Economics is certainly a respected degree, and the skills you get from studying it are extremely applicable later on. You'll get a taste of data analysis, quantitative skills and qualitative writing skills that are all extremely useful no matter what path you want to go on later in academia, careers etc.
 
 
 
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