Economics BS degree
- Thread starter z32000
- Start date
haha thats what I thought he was saying at first when he said bs
The study of Economics is all about relationships and correlations. If you enjoy learning how these factors effect other things in the business cycle then go for it. I have a BS in Eco and a minor in GBA. The reason I did this is because the Eco degree is not that great by itself but the two together force you to take 4 accounting, 4 finance, 2 management and 2 marketing classes. The degree itself will probably not help you in trading but will open doors should trading not work for you.
You had one of those too ? I actually found it useful in helping develop pattern recognition skills which transfers back to stock and future charts.
First of all dont study econ if you are looking for the "right" answer to how things work. As someone who studied econ I actually think disagreement is healthy. Challenging theories and opinions: Thats how we advance in knowledge.
I would also study mathematics as well as econ.
As for trading, studying econ helps if you are like a macro trader or fundamental trader. Daytrading is a different animal and I suggest you dont associate daytrading with economics. I dont think school can help you become a better trader. I say trade on the side while you are in college.
I would also study mathematics as well as econ.
As for trading, studying econ helps if you are like a macro trader or fundamental trader. Daytrading is a different animal and I suggest you dont associate daytrading with economics. I dont think school can help you become a better trader. I say trade on the side while you are in college.
It helps you learn how to look at the world non-intuitively, to question the relationships you think exist.
As for whether a BS in Economics would help much with trading, even longer term "macro" trading, I doubt it. A bachelor degrees really doesn't get enough into the meat of anything enough -- at least not in economics -- to be able to help you much as a discipline. It really only sets you up to be able to digest what comes later. (And what comes later, in large part, consists of refuting (at least to some degree) what you were taught earlier.
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