Tag Archives: college prep

Free Online Economics Education

Being in the age of the internet, we have the luxury of YouTube. Over time, university lecturers have recorded their lectures and posted them on the internet. Nowadays, you can find lectures on most topics, including economics. In fact, there are enough uploads for someone to practically earn a degree if it were a matter of watching videos. You can even find older versions of textbooks online for free.

To fulfill an economics major at most schools, you need to have principles and intermediate courses in microeconomics and macroeconomics, a class in econometrics (sometimes split into two classes), international economics, and a bunch of topics courses of your choice. Here’s a list of videos to help you get started.

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Why Economics Isn’t a Popular Major

I’ve come to notice that at the University of Oregon (UO), economics isn’t the most popular major. At least, not the most popular primary major. Much of the time, I’ve noticed that accounting, general business, and finance majors are usually the ones double majoring in economics (economics being the secondary major). Of course, this makes me quite sad.

Why would this matter to me? Well, in a way, it really doesn’t. It matters to me not because I love economics and I think everybody should study it. It matters to me because I know how useful of a major it can be. However, it really doesn’t matter to me because it just means that I get more time with professors and that’s less competition later in life. But what’s more interesting than this is why economics isn’t popular.

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The Value of a College Student's Time

During my time in college, I’ve seen posters about why it’s important to attend your classes. One reason that caught my attention was that we lose $X each class we don’t attend. I wondered to myself, “How did they get that number?” Of course, math is the answer, but what were the factors used to determine that? I decided to fiddle around with some simple math and see for myself. Let’s just say that a $15 minimum wage wouldn’t make it worth it for most students at the University of Oregon to have a job.

If you’re in college, then you’re going to have an interesting time with this once you see what your time is worth. It also makes a great conversation starter at family gatherings such as Thanksgiving and Christmas.

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