Maths vs Economics degree?
By Transient Altruist @ 2022-12-16T23:28 (+2)
Hi, I’m currently in my first year of A-levels considering doing either Maths or Economics at hopefully a top university. I think I would be both competent and interested in either subject, so I’d like to choose based on which would best enable me to do as much good as possible (I’m currently a longtermist). I don’t expect there’s a definite answer, but any advice on how to evaluate this would be greatly appreciated.
I provide details of my personal situation below, but generalisable answers will be good too for other readers in the future.
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More details:
I tend to be very interested in every subject, and for this reason I’m normally good at them too, however I have particular natural ability in maths.
I’m taking Maths, Further Maths, Economics, and Politics - although I’m likely to drop Politics (since I get the impression that it makes little difference for applying to Maths at uni and I’m a slow worker). (I may replace Politics with Spanish since I have learnt it to a pretty high level already.)
I get good grades - 9s and 8s at GCSE, and I haven’t been properly examined yet but seem to be doing very well in all of my A-levels and I’m aiming for A*s.
My main issue is speed of work, which is mostly fine for Maths, but is a problem for essay subjects. For GCSEs I managed to increase my pace enough to do well, so hopefully I should be able to do the same for A-levels/uni.
(Also I have never learnt to code, so unfortunately I have no idea whether AI work would be a good fit for me, but it would be nice to keep that option open.)
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I don’t have a good understanding of what switching subjects is like, so it would also be great to hear whether starting with Maths with plans to potentially switch to Economics is a good idea compared to starting with Economics straight off.
Anything else I haven’t considered is very welcome too.
Thanks so much!
Larks @ 2022-12-17T01:29 (+13)
My impression is it is relatively easy to do a PhD in econ after a maths undergrad (possibly even preferred); it is basically impossible to do a maths PhD after an econ undergrad.
Khai @ 2022-12-17T08:49 (+1)
With that being the case, do you think there are even any benefits to doing Economics from the start rather than Maths?
Larks @ 2022-12-17T17:58 (+11)
Well, it depends on what your objectives are! If you wanted to be a politician or an investment banker econ would likely be better. People might find it easier to help you if you shared some details about your goals. You mentioned AI briefly; maths would almost certainly be much better for that.
Khai @ 2022-12-17T21:32 (+1)
The thing is I really don’t have any specific objectives/goals. It sounds like Maths is best for keeping options open, so I suppose I should do that and narrow down later.
Larks @ 2022-12-18T01:30 (+3)
Well, as someone who also had to choose between maths and econ, I can at least tell you that I chose maths.
Karthik Tadepalli @ 2022-12-18T03:27 (+3)
The benefits would come if you are more interested in econ than in math. I'm doing an econ PhD and if I had done a math undergrad I would have gouged my eyes out.
Khai @ 2022-12-18T12:55 (+1)
Ah yes I forgot about that. Considering I’m personally equally able/willing to do Maths, things seem to be lining up to say that Maths gives much of the same benefits as Econ but keeps more options open.
geoffrey @ 2022-12-17T01:43 (+2)
I'm unfamiliar with the GCSE or unis system, but based on my 3-minute online search, I would also recommend maths + further maths instead of economics.
If I had to guess, unis will require you to take maths for higher-level economics courses anyways. Either the knowledge or credit will transfer when you get to unis.
Lixiang @ 2022-12-17T00:21 (+1)
Definitely math not economics. Once you understand a bit of multivariable real analysis (which would not be until towards the end of undergrad unless you're very advanced), you can start learning some economic theory or econometrics.