What is harder physics or economics?
Right now im attending community college and i am taking micro economics. I just spent 5 hours on homework, i had 3 untimed quizzes and 1 times quiz. i passed my first timed quiz with a 67 my second with an 87 and failed my 3rd with a 57...i then failed my timed with a 47. Keep in mind im taking this class online, i was able to use my text book and google and i still failed :( I didn't fail the class this is only the beginning of the semester. i ask this question because i plan to go away to continue my degree in web design and development...one of the courses required is physics. Im nervous that if i cant pass economics i wont pass physics, it was my first timed quiz of the semester but it has me worried ive never really failed anything. Ive heard scary things about physics.
How is economics in CBSE class 11 and 12?
Class 11 is so easy. No brain work is required. And if you are good at numbers, then statistics is a cake walk. However, you will feel completely lost at Class 12. Because your whole perception of economics changes. As the subject now jumps deep into the core concepts.My teachers and principal used to tell me, “Deepak, it's not as easy as you think. It's not the same subject that you have studied last year.”. Considering the fact that I was one of the brilliant students and the only one who broke the all time record of 11th in a long time, they had high hopes for me and in my school, economics was considered to be the most difficult subject and none has managed to go above 86% in the subject. They really thought that I could break it this time. And so they pressurised me a lot.To be honest, I was really afraid after hearing all these nonsense. It took me 2 months to realise that economics was perhaps, the easiest of all. Just diagrams and some simple concepts. That's all..My classmates still struggled with the subject. One thing that I realised was that, whenever my teachers told me that the subject was insanely difficult, they thought that I was a by-heart machine. I stopped studying by heart at an early age, as it was difficult to store everything in memory. My friends struggled because of this reason. You may be able to get good grades by mugging. But in the long run, it will be the only reason behind your failures. So stop by hearting.In conclusion, understanding and conceptual knowledge with a touch of interest will make you reach 100 in no time. Believe me.. and all the best.
Is economics hard class?
Econ isn't a "hard" class; however, you will need to be able to analyze graphs and think carefully about the relationships between certain variables (e.g. the price-quantity graph, the graph dealing with interest rates and inflation). It is more quantitative than a humanities class, but won't be very demanding in terms of the math involved - however, you will certainly need to think a lot about how one thing relates to something else.
Is Economics hard?
I was an Economics major for two years, and I still study Economics as a concentration. If you work hard, and if you enjoy the material, then the lower levels of economics will not be that difficult. Maybe a 5. I'd say that microeconomics and macroeconomics are even easier (3, 4) but that you would need to study hard for the tests. When you get to the upper levels of economics, if you're not good with math it can be extraordinarily difficult. It becomes very difficult very quickly, and math is a must. The higher levels of economics (what you would take in perhaps your junior or senior years of college) might be an 8,9 or even 10 depending upon your professor, your own knowledge, and your math skills especially. So, if you're looking at taking a basic economics class, it's really not that bad. Personally, I think its all common sense, it came easily to me. But don't plan on the upper levels being just as easy!
What is it like to major in economics?
Depending on what you study in Economics, it can be very enlightening or it can seem very abstract and inapplicable. I've also learned that, as is true in almost every academic pursuit, a good teacher can make or break your experience. With that said, economics allows you to apply a model or an understanding to something which at first seems like it could never be systematically or rationally explained. I am particularly intrigued by behavioral economics, experimental economics, and game theory, all of which bring insights into how people or firms behave in their interactions. Economics is a broad base of disciplines, and if you don't mind math and thinking logically, you're almost sure to find something that is interest of you. One thing I have noticed is that people often have a misguided sense of what economics is. When people ask my major and I tell them that it's economics, it usually isn't met with any type of enthusiasm, but rather with sarcasm like "well that sounds fun....". It's not so much discouraging, as much as it emphasizes that it's not always easy to find others who will share your passion or understand that you really aren't simply studying math and graphs, but rather studying the psychology of markets and of people as applied to their decisions regarding money, products, services, etc. You do learn a lot of interesting things along the way, and you might find yourself at the local Safeway having "ah-ha" moments-- things like "now I understand why these products are next to each other on the shelf", or "so that's why coke is more expensive than pepsi this week", or "so that's why I can't buy just one" or "so that's why I'm swiping my club card". As an aside, I can't say I've become a more responsible consumer, but I can say that I can realize the forces at work when I am enticed to buy a product. It's a pretty cool feeling.
Which is harder: economics or accounting?
I am accounting major, my only experience with economics is 2 semesters. I think economics are more math intensive, whereas accounting is more number intensive.I passed my econ classes, even without tutorials in exercises (we didnt have phd students to do the extra courses). In my opinion, it was boring. I has a certain logic, but you will get it only if the professors likes his job. I have heard in higher level it has advanced statistics.Accounting, is flat hard from beginning to the end. You need to analyse numbers fast and remember what which number may change in the others. But you dont need any advanced math. Basic numbers. In my opinion it is practical (while econ is not), when you learn about the cost and budgeting of a company.In short, both can be good, depending on the professor. Econ is more "sophisticated math" oriented, accounting is more about number crunching. Which is harder depends on what are your abilities to handle that.
What is it like to do research in economics?
How is it different from research in natural sciences?A lot! It is a lot easier and more difficult at the same time. Difficult because in natural sciences, plants, planets, or physical objects do not change their mood. They behave in the same way over and over again. It is easier to predict and experiment with them rather than humans, where each one is different and behaves even more differently with every change. Easy because finding something new or doing something different in economics or other social sciences is always easier than natural sciences. For example, gravity in India or evolution in India would remain the same as in USA but saving behavior, impact of a tax, or investment decision would be varying across countries, across regions within countries, across times, across chosen sample, and so on. In general terms, doing research in economics is one of the most fascinating things. Reason - Economics heavily interacts with other streams of study, like psychology, sociology, history, politics, political science, philosophy, geography, physics, information technology, agriculture, and so on... If one gets interested in one direction, the scope is endless. If one gets bored or stuck, the scope of change is also endless. Despite nearly 250 years of advent of modern economic studies, economics keeps changing and challenging. It can be highly mathematical, argumentative, logical, graphs-driven, abstract, empirical, or may be some other form. What interests me the most is these three things:1. Economics impacts the world and the people the most. Right understanding helps the world a lot. Wrong (or left?) understanding screws up equally heavily.2. I keep discovering new things every time I read the same chapters. The study is never complete and never tiring. 3. This is the most misunderstood, maligned, and counter-intuitive subject ever. Everybody thinks they understand economics. Barely few do. Sadly, the lesser they understand, the stronger their opinions.Most importantly, if you understand economics wrong, you may end up killing or saving millions without anybody ever knowing the same. That is why, economics research is a dangerously interesting adventure every single moment!
What's harder...economics or accounting?
I think econ is harder. Upper level econ relies on calculus a lot, and it requires a greater degree of original thinking to get the problem solved. Accounting is more arithmetic (and a little bit of algebra). There is a small degree of judgment involved, but for the most part, if you understand how the financial statements work, it's really easy.
What area of economics is/was the most difficult for you/others to grasp?
QE. Quantitative easing is…. very odd.The idea that a government branch can print money to buy bonds issued to a market from other branches of government seems to essentially make a mockery of government debt.I have thought about it for the several years it has been around. I understand the policy, the intent, the outcome (for the most part.) I will never understand the political/social theory of it. It is truly the most bizarre exercise of government in the economics sphere… well, ever.