Is there a significant difference between obtaining a liberal arts degree in Economics or business degree?
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I am a Psychology major planning to double major in something business related. Economics through the Liberal Arts school would mesh with my Psych credits best but I am concerned ...show more
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Answer:
I'm working on my BA in Economics at a Liberal Arts university. I previously had a minor in business. I can't speak for every school, but in every cross-listed class (where there are business majors & econ majors taking the same thing) the econ Majors do much better, hands down. Econ majors tend to be stronger academics and more intellectually curious than people in the Business program (there are exceptions on both sides of course). I agree with the other posters that Econ will mesh better with Psych. Your psyche degree would help you with Business, but Econ will help you with Psyche. You'll get a lot more philosophy, history, logic and research methods with Econ. Finally, it is my biased opinion that business teaches you how to merely be a "cog in the machine" whereas economics teaches you to "think outside of the box". You don't necessarily need a business degree to do be successful in business...but good luck becoming an economist without a degree in it.
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Other answers
Actually psychology and economics should go real well together, since economics is much influenced by psychology. There is a movement in economics called behavioral economics that specializes in that study. But, if you are looking for a business major that makes you most employable (and psychology is known for being the least worthwhile major of them all), sad to say you'd be better off with finance or accounting.
KevinStud99
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