Is An Economics Degree Worth It?

👤 Connect With Me On Other Platforms:

----

Today's video is going to be about economics degrees and whether it's worth it or not

This is technically not a business degree but graduates may end up competing for the same job, so I sort of group them together

----------

There are a lot of college degrees out there and economics is one of those degrees where it's not 100% obvious that it's a good one

So we will go over some of the careers that you can get, the salary, the job satisfaction, the job outlook, and also the x factors that go into choosing these types of jobs

These videos are for educational and entertainment purposes only. I am not an attorney, CPA, insurance, or financial advisor and the information presented shall not be construed as tax, legal, insurance, safety or financial advice. If stocks or companies are mentioned, Shane might have an ownership interest in them. Please don’t make buying or selling decisions based on Shane’s videos. If you need such advice, please contact the qualified legal or financial professionals, not the opinion of a stranger on the internet.

Sources and further readings:
payscale(provides information on jobs and degrees)

[ShaneHummus]

👤 Connect With Me On Other Platforms:

[smokerx]

The only channel that doesn't tell me to drop out and become a entrepreneur

[catherinemaschio]

As an Econ major, my best advice is to supplement your econ degree with a double major or minor in something like math, computer science or accounting. Very few econ classes actually teach you actual skills that employers find valuable.

[sobrietyK]

my dad got an economics degree and went to law school and is now a tax attorney and uses his degree everyday, you can truly do anything with it

[naglfar]

For the supply and demand referances, here's my like.

[nickw]

As an econ major from UT Austin, I agree with this! I'm working as a data analyst now and it really helped to pair minors/certificates in CS and Applied Statistical Modeling to econ. It's a solid choice overall and certainly an interesting subject.

[goldenfighter]

From what I’ve seen since I’m an economics major, the degree has incredible importance in fields like politics and personal finance. Economists’ conclusions dictate the future of the country and people who have a general idea of economics are better consumers and more financially literate.

[paulomolina]

Not an Economics grad but love the channel so smashed like..

[senioracademia]

Your channel has become like the irreplaceable best textbook for senior students. This will stay for decades to come, and i really wish there was more like buttons or a golden like button for channels like yours. Thank you and good for you!

Good idea for the perfection of this textbook: you could compare between jobs and mention what majors are more flexible and can take your position easier. For example, an accountant can take an ecomist's place with some additional knowledge but an econmist can't

[alexisyuren]

Dude can you do this for the whole year? Like new videos everyday for the whole year haha I'm so hooked right now lol

[jessicatsao]

The Economics major now looks so desirable that if I didn't already have math and physics as a double major I would probably like to go for Economics. Nice work as always! There's no shortage of greatly presented and priceless information from Shane!

[duthegee]

I am constantly competing with Business and Finance and I find it that Econ degree is pretty rare... So I think it sticks to the hiring managers' mind more since most people come with general business and finance degrees.

[David_Gonzalez_]

Eyyoooo Econ majors what’s up! I’m currently doing a double major in Economics and Business Administration with a concentration in Finance. For now, I absolutely love it!

[cooperbarnson]

I actually love this style of video! I’d love to see more of these “degree specific” analyses. (I.e., accounting, finance, etc.) really helps with comparing apples to apples.

[bunjihusbun]

Hey Shane, I totally agree with what you said about doing a specialization along with an econ degree. More than halfway through my degree, I picked up a law minor and also recently signed up for a program that teaches the business intelligence analyst applications like python, SQL and Tableau. Like you mentioned econ is definitely a very versatile degree. Other types of specialization is a must, thats why I picked those two. In addition, I graduate in 2021 right smack into this recession, so I'm doing everything I can to be competitive when the time comes. Wish me luck!

[viscera]

The timing of this video cannot be more accurate with my life. In the following 2-3 days I have to decide which B.A. Degree to graduate in. I was thinking about psychology, media- communication and economics. I believe economics is a better choice than the other 2 alternatives. Thank you for clearing my doubts about an economics degree. This video has been a huge help.

[RandageJr]

Econ student here. It's worth it if you know what to do with the degree. It is not worth it if you don't have any idea on what are you doing with your life

[Texnoable]

I want to take economics just because I like economics and passionate about how money works.

[parnianvalizadeh]

This was so amazing. You literally did the research that I had to do without taking sides! You have to do more of specific majors!

[ampy]

Information systems/information technology next! Also keep the glasses, they make you look smarter. I know the glare can be annoying though haha.