Economics Explained (formerly known as JitaLounge), is an Australian educational YouTuber who specializes in teaching economics in the form of video. He joined YouTube on September 9, 2012, and has accumulated 1,290,000 subscribers and 120 million views as of November 2021.
Economics is a hard major. Economics is considered to be one of the most difficult commerce degrees. Economics is a mix of many subjects including mathematics, business, accounts, psychology and sociology. Other STEM majors such as engineering and mathematics are harder than economics.
Who explain economics?What subjects go well with economics?
Economics combines well with Mathematics and Further Mathematics. It also complements Geography, Sociology and Government & Politics. Students wishing to study Economics at Degree level may think of combining it with a science subject like Physics or Chemistry especially for applications to LSE.
Can I study economics without math?
Not having a maths A-Level can cause problems for any aspiring economist when applying for an economics undergraduate degree at university. This is because many universities require, or expect, a student to have completed a maths A-Level prior to applying.
What are the 2 types of economics?
Key Takeaways The two branches of economics are microeconomics and macroeconomics. Economics focuses on efficiency in production and exchange.
Does economics have more math than engineering?
for undergrad, engineering is significantly more mathematical than econ. for grad, it is a bit more complicated. the median PhD engineer certainly knows more math than the median PhD economist. however, those doing either pure or applied theory probably have a more sophisticated math background than the engineers.
Is there a lot of maths in economics?
Math skills aren’t the only skills that matter when studying economics, but math is part of the curriculum. When you major in economics, you should expect to confront math in courses like statistics, quantitative theory in macroeconomics and microeconomics, introductory econometrics and econometric methods and models.
How many subjects are there in economics?
The course is divided into six semesters based on finance, business, history of economics, econometrics, macroeconomics, microeconomics, and other topics. Some of the BA in Economics course details are: VI Semesters. Core and Elective subjects.
What is economics in other words?
finance
commerce
economic affairs
financial affairs
fiscal matters
pecuniary matters
social science
monetary policy
microeconomics
scarcity
Learn about Economics in this video:
Should I study economics or physics?
Economics has more variability in what you can do but you would have to choose a field specifically. Economics would focus more on the statistical side of math as well. Physics is it’s own beast and is based a lot off of calculus. It is very challenging in my opinion.
What is one main objective in the study of economics?
Economics, at its core, is the study of how to evaluate alternatives and make better choices. It develops critical-thinking and problem-solving skills to make good decisions. It develops analytical skills to examine data to support good decisions.
Who explain economics?Can I switch from engineering to economics?
Absolutely, and I have found that many engineers do well in economics. One of the pro forma career paths for engineers has been to earn a MBA at some point, when the engineer has decided to pursue a program management or general management role.
