BSc Economics, Mathematics and Statistics

[CyberJaya]

I was wondering what you guys think about this degree? Career prospects? flexibility?

[__earth]

there's certainly career in economics.

[lilet]

Economics!!! It's my favourite subjects among all my A Level subjects right now! :D Really very, very interesting... :wink:

[SpRInG]

yea, i support...... but i also agree with Bachelor of Mathematics
It's interesting, to become a mathematician...... the name itself also sounds interestin already..... rhymes with magician..... hahah

[ElansarGelmir]

I've always thought economics is related to mathematics and business. Boy, I was wrong. It's actually a Science subject . . . WIth lots of hypothesis and theories going about

[chenchow]

Economics are quite hypothetical. You start with some hypothesis and some assumptions and you study the behavior.

[__earth]

Chen Chow quite right.

Here's a famous joke on economists - made by a prominent economist of whom i've forgotten his name.

A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore.

The physicist says, "Lets smash the can open with a rock."

The chemist says, "Lets build a fire and heat the can first."

The economist says, "Lets assume that we have a can-opener..."

my favorite part of econ has always been macroeconomics, in particular monetary policy. you could really do a lot good (and bad of course) with monetary policy.

if you want to do econ, one advice. Always take up a course in econometrics. don't avoid statistics course.

[ElansarGelmir]

Quote:
A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore.

The physicist says, "Lets smash the can open with a rock."

The chemist says, "Lets build a fire and heat the can first."

The economist says, "Lets assume that we have a can-opener..."

Sorry, I'm a little slow here. What does this joke mean?

Well, my lecturer once told us a joke about economist:

The economist always says that the best time to get the best price for an item is yesterday . . .

[Randomphantom]

err... what are the job prospects for economics here in good ol'Malaysia?

Economists? =p

[KinkiKISS]

isn't similar to actuarial science??

[CyberJaya]

economics is similar to actuarial science.

[__earth]

economics is similar to actuarial science.

no it is not. acturial is more similar to statistics. economics on the other hand, uses statistics but it is not about statistics.

i think, to have a degree in acturial, you dont even have to know the basic supply and demand model.

[chenchow]

Randomphantoms, I think the prospects of economics are pretty good, as long as you can apply what you have learned. The newly-appointed CEO of Khazanah got his Master Degree in Economics over at Cambridge.