Last Friday, I registered for my last undergraduate semester, and now I’m feeling a bit nostalgic. This made me start thinking about how I ended up as an economics major, given that I spent my first year here assuming I’d be a chemistry major. (I guess making that big of an assumption should’ve been a clue) I think the main two factors were a fun, engaging economics teacher in high school, and a class called IPE 201, with Lisa Nunn. I ended up joining IPE 201: Introduction to International Political Economy, a week into the semester, after a brief foray into Spanish 201.<\/p>\n
While the class was very challenging, I found that I enjoyed trying to understand how people tried to make decisions, then what actually happens once you throw in institutions, complicated and protectionist trade agreements<\/a>, and socio-cultural factors. Looking back, I think I appreciated the mathematical “certainty” that simple models could bring, as well as Lisa’s intense enthusiasm for her subject. I decided to declare the following fall, after a long night trying to figure out what I was going to do with my life. (funnily enough, that’s how I feel again with regard to careers)<\/p>\n Picking a college major is hard…unless you are everyone’s favorite listicle, click bait producing website, Buzzfeed. When I searched “buzzfeed college major” on Google, I found lots of quizzes that promise to make the decision easy. One bases it off of your zodiac sign<\/a> (apparently I should’ve been a theater major),\u00a0a second predicts based off of your favorite foods <\/a>(Philosophy?), and a third promises an answer if you just click a button.<\/a>\u00a0If you are trying to actually think about it, however, you probably consider quite a few factors: including probability of employment<\/a>, earnings<\/a>, workload, enjoyment, and of course…stereotypes.<\/p>\n When I think of the stereotypes about college majors, a few come to mind. Another Buzzfeed article outlines some<\/a>, and says this about economics majors,<\/p>\n You probably tote around the\u00a0Wall Street Journal<\/i>\u00a0to class and enjoy a cup of hot black coffee. Also, you’re, like, way more into stocks and sh*t and know how to handle your ~money~ way better than your peers. You have a weird relationship with business majors, and think they took the easy way out.<\/p><\/blockquote>\n And just so I’m not only mentioning buzzfeed, here’s an article<\/a> from The Tab with another assessment of econ majors,<\/p>\n You\u2019ve been running an E-Trade account since freshman year of high school and you can name the last three Fed chairs. The words \u201cLehman Brothers\u201d make you cringe and you hate when people use the concept of \u201csupply and demand\u201d incorrectly.<\/p><\/blockquote>\n From a more academic approach, Anna Vedel completed a systematic review<\/a> of 12 studies examining relationships between the Big Five<\/a> personality traits and academic major. Briefly, the Big Five are:<\/p>\n The results for economics students, as summed up<\/a> by the Atlantic, were: econ majors tend to be less open,\u00a0lower in neuroticism, and more extroverted. All in all, that makes sense to me, as I picture econ majors as people who like what they’re studying and are fairly rational, though I don’t think I would’ve predicted extroversion…unless they were telling you about how they had come up with an economic solution to a significant problem.<\/p>\n In my next post, I will address some criticisms of economics as a discipline, and try to explain the economics side of the story.<\/p>\n Reference Last Friday, I registered for my last undergraduate semester, and now I’m feeling a bit nostalgic. This made me start thinking about how I ended up as an economics major, given that I spent my first year here assuming I’d be a chemistry major. (I guess making that big of an assumption should’ve been a clue) I think the main two factors were a fun, engaging economics teacher in high school, and a class called IPE 201, with Lisa Nunn. I ended up joining IPE 201: Introduction to International Political Economy, a week into the semester, after a brief foray Continue reading Why Should(n’t) You Study Economics? (Part 1)<\/span>\n
\nVedel, A. (2016). Big Five personality group differences across academic majors: A systematic review. Personality and Individual Differences<\/i>, 92<\/i>(Supplement C), 1\u201310. https:\/\/doi.org\/10.1016\/j.paid.2015.12.011<\/p>\n","protected":false},"excerpt":{"rendered":"