Career Myths about Economics
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This document provides reasons why one should reconsider choosing economics as their career. It notes that opting for a career just because someone suggested it risks regret if a more interesting option was missed. It also warns that economics requires hard work to succeed, as there are no "free rides". Additionally, the document states that economics may not be everyone's "cup of tea" and one should only pursue it if they know they can handle the subject in detail. Finally, it advises that unlike other courses, economics requires dedication as struggling to cram at the end of the year can lead to poor performance. The document aims to help readers choose the right career path for themselves rather than follow others.
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Career Myths about Economics
- 1. REASONS WHY YOU SHOULD RETHINK ON CHOOSING ECONOMICS AS YOUR CAREER
- 2. OPPORTUNITY COSTS Opting for a career just because someone suggested it is a big NO NO! As cliché` as it might sound, you don’t want to regret a few years down the lane that you would have been better off opting for something that really interests you, do you? MINDLER.
- 3. THE FREE RIDER PROBLEM You can’t make it to the top unless you work towards it. Economics as a subject has tremendous opportunities provided you work hard. You will reap what you would invest in the subject. As they say “there are no free lunches nor any FREE RIDE!!” MINDLER.
- 4. “Economics is not everyone’s cup of tea”. You might have the idea of the subject but you may not know it in detail. Only when you know you can do justice to the subject and should you go for it. We are sure you don’t wish to land yourself in a position when you look at your life like you are DEAD! MINDLER. THE PROBLEM OF ADVERSE SELECTION
- 5. THE STRUGGLE FOR MAXIMIZATION Unlike normal courses where you could start studying ten days prior to your exams and expect a satisfactory percentage, you cannot dare to do it for Economics. This subject requires dedication or you land up in a mess by the end of the year. MINDLER.
- 6. PRISONER’S DILEMMA We do not intend on scaring you or create a confusion but just helping you choose the right career path. Don’t follow the heard mentality. Find your true calling and go for it! It’s your life, make it worthwhile. MINDLER.
- 7. MINDLER. For any query mail us at HELLO@MINDLER.COM