Difference between studying economics and studying commerce but majoring in economics? (1 Viewer)

pockysticks

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Is there a major difference between the two? Which one is more beneficial?
 

sida1049

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I believe you're asking something like studying B. Economics vs majoring in economics under another degree.

The difference comes down to your choice of major. In the latter degree, you're studying an economics major. In B. Economics, you might not actually major in economics (e.g. you could major in econometrics, or another discipline related to economics, but not exactly the usual economics major).

For a degree to be beneficial, there are various factors to consider, which vary from person to person.
  • Are you aspire to become a working economist or an academic economist? The degree doesn't matter, as long as the degree allows you to major in economics (and permits the option of doing an honours in economics later).
  • Are there disciplines outside of economics you would like to study? E.g. if you're interested in philosophy, then double major in economics and philosophy under B. Arts. If you're interested in maths, then pick a degree that allows you to major in economics and maths.
  • Different degrees have different requirements. E.g. B. Commerce usually requires you to take quite a few core business units. For an economics person, those units are totally useless and a waste of time (after all, you could have used those credit points to study something else instead). For this reason, you may choose to major in economics under B. Economics or B. Arts instead of a business/commerce degree.
So really, if a major in economics is your end goal, don't worry about the degree - it's just a superficial name that doesn't matter. What does matter, however, are the additional opportunities/requirements which vary from degree to degree.
 

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