5 Reasons Why You Shouldn't Study Economics at University...

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  • เผยแพร่เมื่อ 26 พ.ย. 2024

ความคิดเห็น • 106

  • @jacksonjr.11
    @jacksonjr.11 3 ปีที่แล้ว +32

    You have to read before you attend class to understand what's going on. Please practise a lot too it helps. You're gonna find it hard to find videos on TH-cam to help you. So try and go through as many texts you have access to.

  • @duppa
    @duppa 3 ปีที่แล้ว +43

    Some other reasons I wouldn’t:
    - not as relevant to finance as people think. Maybe bits of macro are (mostly to central banking) but if you want to go into finance an A&F degree would give you more knowledge.
    - lots of maths to learn to actually do economics, you need to fit in a lot of extra maths if you want to study it at a higher level past undergraduate.
    - it doesn’t equip you with a lot of technical skills relevant to the job market. Other than econometrics where you might learn stata or R there is usually little to no options on learning things like sql, python etc. which a lot of jobs/ research requires

    • @lifewithdylan
      @lifewithdylan  3 ปีที่แล้ว +2

      Yeh some very valid points bro!

    • @SomeLad12
      @SomeLad12 3 ปีที่แล้ว +4

      As someone who is just about to finish my final year doing Economics, you’re absolutely right. I feel like most of the stuff I’ve learnt isn’t going to be particularly useful in the real world.

    • @prashil1512
      @prashil1512 3 ปีที่แล้ว

      @@SomeLad12 how was your experience studying econ, I'm currently confused on what to study but I'm learning towards econ

    • @SomeLad12
      @SomeLad12 3 ปีที่แล้ว +4

      @@prashil1512 honestly I absolutely hated it. Wish I had decided to do computer science or maths. Sorry I couldn't give you a more positive answer, you may enjoy it of course but personally I regret choosing econ.

    • @prashil1512
      @prashil1512 3 ปีที่แล้ว +1

      @@SomeLad12 may I ask you why you hated it, I'm confused and only leaning towards econ coz of the high salaries and stuff

  • @jaylakhani5568
    @jaylakhani5568 3 ปีที่แล้ว +20

    This video couldn’t come at a better time. Deciding between Business Management& Economics. Thanks a lot

    • @michaelwondem567
      @michaelwondem567 3 ปีที่แล้ว

      What did you choose

    • @jaylakhani5568
      @jaylakhani5568 3 ปีที่แล้ว +4

      @@michaelwondem567 Business management 🙂

    • @michaelwondem567
      @michaelwondem567 3 ปีที่แล้ว

      @@jaylakhani5568 what grade are you

    • @raoullapoule2046
      @raoullapoule2046 5 หลายเดือนก่อน

      Do you regret choosing buisness ??

    • @mariskaa_
      @mariskaa_ 5 หลายเดือนก่อน

      Do you regret choosing business?

  • @lovebbygrl
    @lovebbygrl 3 ปีที่แล้ว +6

    Totally agree w/ everything you said, particularly about influencing your thought process and speech. Really appreciate the last piece of feedback, especially when you're innately a worry-wort.

  • @JHVlogsUniversityYouTuber
    @JHVlogsUniversityYouTuber 3 ปีที่แล้ว +22

    Would you consider doing a part three of five ways you’d improve economics degrees? Where you’d come up with solutions for say the limited contact time or how to make it more appealing to finance companies?

  • @shanekelly1821
    @shanekelly1821 3 ปีที่แล้ว +16

    Just finished 1st year of my economics degree in ireland. In my uni, masters (not undergrad)economics students go on a trip to the IMF, ECB, European Commission etc. As well as irish trips to the central bank of ireland and so on, so there are opportunities for trips if your a economics students, although most don't.

    • @lifewithdylan
      @lifewithdylan  3 ปีที่แล้ว +4

      I’m jealous! That sounds so good

    • @tomaslane6018
      @tomaslane6018 3 ปีที่แล้ว +2

      Which uni did you study at? I’m trying to decide in Ireland rn

  • @nycto16
    @nycto16 3 ปีที่แล้ว +21

    I personally love economics, but my university doesn't offers economics degree so I am doing Business degree with specialization in Banking and Finance.

    • @jacobk1736
      @jacobk1736 3 ปีที่แล้ว +1

      Which uni?

    • @nycto16
      @nycto16 3 ปีที่แล้ว +6

      @@jacobk1736 Indus University in Karachi Pakistan.

    • @nlamjkncovqnov8499
      @nlamjkncovqnov8499 10 หลายเดือนก่อน

      how is it goin?

    • @nycto16
      @nycto16 10 หลายเดือนก่อน

      @@nlamjkncovqnov8499 its going good and also killing me lol.

  • @맥문동-g4n
    @맥문동-g4n 3 ปีที่แล้ว +7

    2번이랑 4번은 진짜 공감... 뭐 여타 사회과학 분과가 다 그렇긴 하지만 아무리 교과서를 읽고 토론을 해도 공허하게 외치고 있다는 느낌뿐ㅎㅎ; 그런데 이런 생각이 든 건 5번 때문일지도.. 내가 경제를 전공하지 않았다면 효율성이나 수학적 사고에 길들여지지 않았을 거고, 언제까지나 공상과 이율배반 속에서 헤엄치고 있었을 수도 있겠다. 경제를 배움으로써 뒤늦게나마 현실을 직시하게 되어서 다행이다. 2021년 10월 12일 오후 9시 48분.

  • @jaylakhani5568
    @jaylakhani5568 3 ปีที่แล้ว +7

    Please post the 5 reasons why you should video soon 🙏🏻

  • @sullyr9789
    @sullyr9789 3 ปีที่แล้ว +9

    Do 5 reasons u should, because I really enjoyed A level economics and was going to do it for A level, I understand it gets more mathsy haha.

  • @jinjurbreadman
    @jinjurbreadman 3 ปีที่แล้ว +29

    Do a "what my economics professors think of me video" where you get your ex professors to leave a word about you XD

  • @suleyagl4750
    @suleyagl4750 3 ปีที่แล้ว +9

    ı'll study economics in France, your videos helps me a lot about understand what am ı gonna learn and what are the difficulties that ı ll have. thanks a lot! :)

    • @lifewithdylan
      @lifewithdylan  3 ปีที่แล้ว +2

      You can do it!

    • @melekmutl287
      @melekmutl287 3 ปีที่แล้ว

      Sule hanim oncelikle basarilarinizin devamini dilerim, bir sorum olacakti Fransa ile daha onceden baglantiniz var miydi yoksa universiteye girmek cok zorluk yasamadan mumkun mu ozellikle finansal acidan destek almak mumkun mu bilgilerinizi paylasirsaniz cok sevinirim:))

  • @marianavasques2003
    @marianavasques2003 2 ปีที่แล้ว +3

    Every single topic is so true!

  • @koolaidp1ckle531
    @koolaidp1ckle531 3 ปีที่แล้ว +7

    Can you do five reasons why should study economics because in I’m year 11 and I’m planning to do a major in economics because I’ve always been interested in economics ever since I was 12

  • @t___0
    @t___0 3 ปีที่แล้ว +11

    Can you do a “5 reasons why you shouldn’t go to UoY” I might change it from my insurance to my firm but I honestly don’t know if it’s for me

  • @MDobri-sy1ce
    @MDobri-sy1ce 3 ปีที่แล้ว +7

    I think it’s good to be non biased even if you like something. I have been going for 11 years so I have been able to let some of the freshmen know courses to take that were worth it and some weren’t.

  • @happycamper5505
    @happycamper5505 10 หลายเดือนก่อน

    An economics degree is best applied through 'OPERATIONS' no matter it is in being the actual business operator or the operations manager in almost any field of industry.

  • @michaelhepburn462
    @michaelhepburn462 ปีที่แล้ว +3

    Thanks for the videos.
    In regards to when you mentioned the Physics and Mathematics graduates being preferred over Economics graduates, what is your opinion on a dual Economics and Mathematics degree?
    I'm a mature student, currently studying at the Open University, and I'm kind of torn between studying Economics and Mathematical Sciences, or Mathematics and Statistics.
    Do you have any advice on what you think would lay a better foundation for career prospects?
    Again, thanks for the videos :)
    Best wishes,
    Michael

    • @lucassenandelopez6324
      @lucassenandelopez6324 ปีที่แล้ว

      Math ans Statistics All the way, most of what you see in economics is useless and the other part is statistics, former economics Student writing this

  • @improvewithsoo-selfdevelop1219
    @improvewithsoo-selfdevelop1219 3 ปีที่แล้ว +6

    I took one class in economics and sad to say the professor ruined the experience. But I still think economics is super important to study! Plenty of resources online to self-study about it :)

    • @davidbolshoy1676
      @davidbolshoy1676 2 ปีที่แล้ว

      Hi what free resources can you recommend for self study please ?

  • @sarah3602
    @sarah3602 3 ปีที่แล้ว +28

    With an economics degree, they teach you just enough to make it hard but not enough to make it useful 😆

    • @Rezw.nn14
      @Rezw.nn14 3 ปีที่แล้ว +3

      Why’s it not useful ?

    • @lifewithdylan
      @lifewithdylan  3 ปีที่แล้ว +1

      Bahahahah

    • @capitalismnfreedom3084
      @capitalismnfreedom3084 3 ปีที่แล้ว +10

      I think thats because Economics itself is a very broad discipline, hence the application is also too broad to be of any use by itself. Best thing to do with an Econs degree is to have a specialization/minor/specialized degree. Best minor to do with econs would probably be Computer Science in today’s complicated financial systems. Specialized degrees like financial economics, MORSE, Econometrics, etc etc.

    • @dariuschong4574
      @dariuschong4574 3 ปีที่แล้ว +2

      @@Rezw.nn14 It's way too theoretical to be practical. People who wants to go into the banking and finance industry would be better off studying accounting & finance or business degrees. Economics is for the academics.

  • @definitelytre3649
    @definitelytre3649 3 ปีที่แล้ว +5

    i major in econ now. And honestly its so true about vocabulary, actions, and critical thinking changing. But it has make me more aware of things

  • @Withshaima
    @Withshaima 4 หลายเดือนก่อน

    Not only that
    Most of degrees can be studied at home with so much ease and comfort
    and much cheaper too
    Except for the degrees that need practical teaching like medicine and engineering maybe .. but universities today should really change at least the mindset .. they are only trading institutions.. I don’t know when this will change and we are now in 2024

  • @marshalmashiat
    @marshalmashiat ปีที่แล้ว

    studying economics at university should have only 1 objective: to become a superior researcher. That is possible only unver supervision. That is why try to write paper per subject. This is the practical in economics degree. LEARN R, Pytho, Econometrics and Simulations then make a judgement.

  • @Sarah-hb8iw
    @Sarah-hb8iw 3 ปีที่แล้ว +5

    Please talk about best ranked UK universities for process chemical engineering major.

  • @ymwo97679
    @ymwo97679 3 ปีที่แล้ว +17

    Hey Dylan. This video was pretty insightful. I’m going into my third year of economics and I’ve thought of some of these points. I wanna know tho, overall how do you feel about Econ and have you got a general plan on what you want career wise?

    • @lifewithdylan
      @lifewithdylan  3 ปีที่แล้ว +2

      Thanks! Overall I love it great degree! New video soon!

  • @aleksjabonski6560
    @aleksjabonski6560 3 ปีที่แล้ว

    I’m the person who’d count the price per pill while buying a simple paracetamol at drugstore.....I think I made right decision by enrolling at economics degree

  • @vupoc9230
    @vupoc9230 3 ปีที่แล้ว +7

    starting college in september. planning to study economics, maths and business for A level. any things i should know for economics a level?

    • @jameslee5757
      @jameslee5757 3 ปีที่แล้ว +4

      It has no maths in it

    • @lifewithdylan
      @lifewithdylan  3 ปีที่แล้ว +2

      ^^

    • @Ħæïķăł
      @Ħæïķăł 3 ปีที่แล้ว +1

      @@KAH-bk8po
      So you dont need math for economics?
      Do i have to pick math for a level to study economics?
      Plzz answer thx

    • @na3484
      @na3484 3 ปีที่แล้ว +8

      Literally just watch econplusdal and you will be fine.

    • @imanepink
      @imanepink 3 ปีที่แล้ว

      @@KAH-bk8po this.

  • @姜依矾
    @姜依矾 3 ปีที่แล้ว +3

    Ecos3012 in USYD

  • @businnessupdateswithezekie2915
    @businnessupdateswithezekie2915 2 หลายเดือนก่อน

    What about myself who is going from BS Physics to MS Applied Financial Economics?

  • @annceiq
    @annceiq 3 ปีที่แล้ว +10

    Make a video discussing why you would have done a computer science degree, if you could go back in time...

  • @cheemaskillz4935
    @cheemaskillz4935 2 ปีที่แล้ว +5

    hey thanks for making this. how much maths was in you course - was it really hard maths? I heard lots of places like lse, ucl have really maths-based courses

  • @digitalmahal5253
    @digitalmahal5253 2 ปีที่แล้ว +1

    What is your advice for those whom, wish to study economy as a hobby. What books, tools, app, any suggestions, thank you.

  • @joeharris8233
    @joeharris8233 ปีที่แล้ว

    Don’t bother getting your degree in economics. I did 25 years ago. I’ve never used it once after college. May as well saved my time and money and gone into a blur collar job instead. It’s useless.

  • @rovercoupe7104
    @rovercoupe7104 11 หลายเดือนก่อน

    I teach economics and business to sixth formers. Macroeconomics is of some interest, but microeconomics is of little use in business. M.

    • @rovercoupe7104
      @rovercoupe7104 11 หลายเดือนก่อน

      Do not support Chinese firms. M.

  • @charlescharles1270
    @charlescharles1270 10 หลายเดือนก่อน

    People who study physics and mathematics study the hard stuff, and that's why their brains become more robust. Economics has little intellectual substance, you can figure things out on your own. Tell me...can you figure out what Albert Einstein figured out and eventually proved ... in both the Special and General Theories of Relativity?

  • @nycto16
    @nycto16 3 ปีที่แล้ว +1

    I have seen Clouds video!

  • @Prince-DarlingtonNnabuihe
    @Prince-DarlingtonNnabuihe 10 หลายเดือนก่อน

    I have plans to study AGRICULTURAL ECONOMICS in university. Please is there any advise for me

  • @nessmastergengar4686
    @nessmastergengar4686 3 ปีที่แล้ว

    I'm a mech engineering student. I took a Microeconomics class and the professor was boring af.

  • @nessmastergengar4686
    @nessmastergengar4686 3 ปีที่แล้ว +1

    Every Jock does Communications or Business

  • @taiyebrashid2503
    @taiyebrashid2503 3 ปีที่แล้ว +4

    One question, do you have to be good at maths to study economics?

    • @lifewithdylan
      @lifewithdylan  3 ปีที่แล้ว +3

      no you dont have to be but if your doing a bsc youll have to learn to be good at it for sure

    • @SomeLad12
      @SomeLad12 3 ปีที่แล้ว

      @Blue Clouds for my degree you needed an A in A level maths, so if you’re not doing A level maths I wouldn’t recommend it. My friend doing the same course as me really struggled with the maths heavy modules so he switched to business economics at the end of the first year.

  • @gugandeepsingh
    @gugandeepsingh 3 ปีที่แล้ว +1

    Random question bro but where's your pendant from?

  • @DilshodHamidullayev-rl3ok
    @DilshodHamidullayev-rl3ok 5 หลายเดือนก่อน

    i love economics

  • @bethelhemsolomon4230
    @bethelhemsolomon4230 2 ปีที่แล้ว

    The last one is why i should study economics😂😂😂.

  • @James-th7wb
    @James-th7wb ปีที่แล้ว

    How good does your maths level need to be do well? I am good at statistics and algebra but don't know much calculus at this point.