So I'm making up my schedule for next semester....

So I'm making up my schedule for next semester.... (Read 1035 times)

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Bravo

#1 November 01, 2007, 07:01:59 pm

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When I come across this question: Do I have to take intro to microeconomics before I take intro to macro? I'm only really planning on taking one (1) economics course but I don't know the difference between these two. Does macro base itself off stuff from micro? Or could I take either course and be okay without taking the other?

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Zeratul

#2 November 01, 2007, 07:48:57 pm

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Macroeconomics deals with the economy as a whole; you'd be studying about the government's role, GDP, inflation, and other such things.
Micro deals with economics on the business level. Supply and demand, elasticity, utility and the law of diminishing returns are a few things you study in micro.

Macro is easier. The first few chapters in either course are similar, but then of course they divert to their own focus.

Those who can, pay. Those who can't, delay.

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Chubby Skelly

#3 November 01, 2007, 08:08:17 pm

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Seconding. They're basically two different fields.

That said, when I had the choice I took micro. I enjoyed it, because it's not just about money, but people's decision-making behavior in general. Plus, a lot of microeconomic theory can be applied to games.

Last Edit: November 01, 2007, 08:23:14 pm by Doozer

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dada

#4 November 01, 2007, 08:10:32 pm

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Macroeconomics is also much more fun. I tend to like things that are a bit more on the abstract level or large-scale level. Anyway, you should really do some research into these two courses before you make up your mind, because they differ too much. You can't arbitrarily decide which one to take. (I actually didn't like microeconomics that much, myself.)

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Frisky SKeleton

#5 November 01, 2007, 08:19:33 pm

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Quote from: Doozer on November 01, 2007, 08:08:17 pm

Plus, a lot of microeconomic theory can be applied to games.

this is very true!
microeconomics is really easily and readily applied, but macro is good when you're looking at how the world economy is doing and is probably more useful if you ever want to invest in foreign stuff or just invest in general

I USE Q'S INSTEQD OF Q'S

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Bravo

#6 November 01, 2007, 08:47:55 pm

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Well, I'm not gonna be a business major, I'm just taking it to fulfill the core. I'm leaning towards macro because it sounds more useful if I don't go into business. Will I be lost at all if I take macro without taking micro first though?

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Chubby Skelly

#7 November 01, 2007, 09:11:06 pm

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Quote from: BravoSector on November 01, 2007, 08:47:55 pm

Will I be lost at all if I take macro without taking micro first though?

If your school is anything like mine, no. Neither was a prerequisite for the other, so it's probably the same at your school.

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Zeratul

#8 November 02, 2007, 04:30:33 am

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If you're only taking it to fulfill a requirement, take macro. It's easier and more fun.

Those who can, pay. Those who can't, delay.

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Bravo

#9 November 02, 2007, 05:11:32 am

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I'm gonna take the advice of random people I've talked to on the internet when deciding my future. Macro it is!

Actually yeah this has helped. thanks.

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Artis Leon Ivey Jr

#10 November 02, 2007, 02:06:23 pm

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echoing what others said. also microecon never seems to touch ENOUGH.

I like to joke that libertarians basically took an Econ 101 class and never took more, but then I found out I wasn't quite off! so also watch your shit.

Last Edit: November 02, 2007, 02:09:07 pm by dangerousned

brian chemicals

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Cho

#11 November 02, 2007, 06:19:41 pm

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Microeconomics is really, really boring, because so much of it is of the "Duh" variety.

Quote

also microecon never seems to touch ENOUGH.

Indeed. Microeconomics courses barely touch on the concept of behavioral economics.

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Wash Cycle

#12 November 02, 2007, 06:33:01 pm

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Quote from: dangerousned on November 02, 2007, 02:06:23 pm

echoing what others said. also microecon never seems to touch ENOUGH.

I like to joke that libertarians basically took an Econ 101 class and never took more, but then I found out I wasn't quite off! so also watch your shit.

man.. that article about U of C was... interesting

though it sounds like far too many people try to attach morals to economics when they really shouldnt (its like attaching ethics to calculus why would you do it it doesnt make any sense)

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HL

#13 November 02, 2007, 07:12:13 pm

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Quote from: BravoSector on November 02, 2007, 05:11:32 am

I'm gonna take the advice of random people I've talked to on the internet when deciding my future. Macro it is!

Actually yeah this has helped. thanks.

just remember us when you're ~~a bum~~ super rich!

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