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Re: economics or finance
I did a finance major and a economics minor.
I can say that out of the two economics is the most useful one. Finance is good only if you really want to go into the corporate finance sector working in M&A etc, or become an insurance underwriter. Not much on trading!
The most usefull subject I did in my finance major was one on Options and Futures which taught us the basics of Black Scholes etc so that we could spot fair price for options and arbitrage oppertunities.
Employers love that subject when looking at an academic transcript because by definition it is a very hard subject to do.
Economics I have found to be more practical and applicable to every day situations. Economics I beleive also hones your analytical abilities more than any other subject apart from perhaps philosophy, because to really understand economics you need to think of an issue from many different perspectives.
Cooter, In terms of MBA's etc, in this day and age they are pretty useless IMHO. These are all pretty wanky pieces of paper you only need if you want to play to corporate finance game and in that case you're almost as secure with a CPA accreditation. Corporations dont care so much about financial theory I.e: Present value calculations, they care more about accounting profits which dont represent inflation etc.
Brownsfan, i agree with you a bit as well, computer programming skills are good to have when trading but not necessary, because no matter how good I was, i'd still more likely purchase an indicator because of the opportunity cost associated with making it yourself...i.e: Time. It takes a while to make and test them which could otherwise be spent trading anyway! (See I love economics haha).
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