Why Economics Remains an “Elite” Major?
Economics is considered an "elite" major for several reasons:
Complexity of the Discipline: Economics involves a wide range of theories and concepts, including microeconomics and macroeconomics. It requires a deep understanding of economic principles, mathematics, and statistics. This makes economics a relatively challenging field that demands high levels of academic and analytical skills.
Diverse Job Opportunities: Economics provides students with a wide range of career opportunities. Graduates with an economics major can find employment in government agencies, financial institutions, consulting firms, research organizations, and various other industries. They can work in areas such as economic analysis, market research, investment management, policy-making, and more. This field o...