Economics in the United States is generally under the social sciences of liberal arts colleges, and a few are under the school of management. The College of Arts and Sciences is the academic center of American comprehensive universities and an important part of a university. At the same time, economics plays a very important role in many social science majors. It is important because there are a large number of economics professors and relatively rich courses, and the number of students enrolled is increasing every year.
The research value of economics lies in its great benefits: a deeper understanding of the world and the expansion of personal career development opportunities. Economics as a principle will play a role in tomorrow's unknown world! Once the principle is mastered, the real world will become a big textbook of mobile economics. To apply for studying in the United States, you need to know the target major: the so-called economics is a social science that studies human behavior and how to rationally allocate limited or scarce resources. The most direct expectation of choosing a major is reflected in its future employment prospects.
The branch of economics in American universities.
(1) macroeconomics
Research content: Macroeconomics takes the whole national economy as the field of vision and the overall process of economic activities as the object, and examines the determination and fluctuation of national income and price level. Among them, economic growth theory and economic fluctuation (economic cycle) theory are two independent branches of macroeconomics.
Future employment prospects: mainly engaged in the research and coordination of economic policies in government economic departments, or as a professor in related disciplines in universities, the employment prospects are general and vary from person to person.
Analysis of the difficulty of admission: Because it is not a popular major, it is easy to apply, but it requires relevant professional academic background, and it is also difficult to obtain scholarships, because the proportion of capital investment in this area is very small. Combined with the ranking of social science research funds of American universities in bbs.gter.net in 2006, the conclusion is drawn.
(2) Microeconomics
Research content: Microeconomics studies the economic behavior of a single economic unit in the market economy, that is, producers (manufacturers) and consumers (residents), including supply and demand price equilibrium theory, consumer behavior theory, cost analysis and output theory of manufacturers in different market types, price determination theory and income determination theory of production factors.
Future employment prospects: Whether the employment prospects of government economic departments are engaged in economic research and coordination of economic policies or teaching in universities vary from person to person.
Analysis of the difficulty of admission: relatively unpopular, it is easy to apply, and scholarship allocation is also very possible.
(3) labor economics
Research content: With the development of the labor-capital employment relationship, it mainly studies the labor market.
Analysis of employment prospects: the government's economic departments coordinate the implementation and research of economic laws and labor regulations. Or working in the logistics department of some enterprises, the employment prospects are not good.
Analysis of the difficulty of admission: because it is relatively unpopular, it will be easier to apply, but the possibility of winning the prize is still great. Every school will put the only economics bonus on the major of theoretical research.
(4) International Economics
International economics is a unique economic discipline, which is different from other economic disciplines. It takes the economic activities between countries and international economic relations as the research object, and studies the optimal allocation of resources in the international scope and the influence of international economic relations on resource allocation. International economics includes micro and macro parts: the micro part is also called international trade part, and the basic tools of microeconomic analysis are mainly used in research methods, such as supply and demand curve, production possibility curve, indifference curve, marginal substitution rate and marginal conversion rate. , which belongs to real edge research; The macro part is also called the international finance part, and the research methods mainly use the tools of macroeconomic analysis, such as national income identity, currency equation, currency multiplier, foreign trade multiplier and so on. , belongs to the study of money, so the international financial theory is also called open economy macroeconomics or international monetary economics.
Future employment prospects: engaged in coordinated research on international economic policies in government economic departments and engaged in international trade-related work in international trading companies. The employment prospects are good and there is a lot of room for development.
Analysis of the difficulty of admission: The competition of popular majors is bound to be fierce, but as long as you have relevant work experience or relevant professional background, you can still apply with confidence on the basis of hardware conditions. However, the number of scholarships offered is very limited.
(5) Econometrics
Research content: An economic discipline with mathematical derivative economic theory, economic theory as the guidance, facts as the basis, mathematics and statistics as the methods, and computer technology as the tools, studies the quantitative laws of economic relations and economic activities with random characteristics, and establishes and applies econometric models as the core.
Future employment prospects: doing economic strategy analysis in some large multinational companies is well paid, but only large companies need experts in economic strategy, so it has certain limitations. Employment prospects vary from person to person.
(6) Development economics
Research content: a discipline that studies the specific process and special laws of the development and evolution of economic activities and economic relations in different historical periods and different countries or regions of human society. It provides a basis for summing up historical experience and predicting the future social and economic development trend, and also provides a historical background for studying economic thoughts, theories and policies formed in various historical periods.
Future employment prospects: Good career prospects. I can engage in economic analysis, forecasting, planning and economic management in comprehensive economic management departments, policy research departments, financial institutions and enterprises.
Analysis of the difficulty of admission: relatively easy. As long as you have relevant professional background, it is better to have a thesis and apply for a bonus.
In short, students who want to apply for the above-mentioned professional branches that American graduate students must know must have a general understanding of the application and employment of various professional branches while analyzing their interests, so as to apply what they have learned and not waste our money and time.
Requirements for applying for a master's degree in American economics:
1.GPA represents your undergraduate academic performance, which is highly valued by almost every school, especially in courses related to economics and mathematics (poor undergraduate academic performance is not hopeless, because each school has different grading standards, and the school will also refer to other relevant background materials).
2.GRE is an important reference factor for schools to evaluate scholarships.
3.IBT score reflects your English level and proficiency.
4. Recommendation: If your recommender graduated from the school you want to apply for, the role of recommendation is even more inestimable.
5.personalstatement: Many students have a great misunderstanding about PS, thinking that a PS can determine the final fate of the application. PS is a direct communication between you and the recruiter, which can only be considered as an impression. Of course, if this impression is good, it will certainly play an important role, but your other relevant background information can not be ignored.
6. Resume: The collection of students' background is also an essential part. Used the least? Language? Show your best? Wonderful? On the other side. Don't make your resume too fancy, the sentences are too long and the language is too complicated. What the professor wants to see is not the superficial decoration, but the real connotation. In addition, to master the reading habits of foreigners, simple and clear sentences can make people read more clearly and get to know you more quickly and accurately. Is that what makes you stand out from many outstanding people and win by surprise? Magic weapon? .
American economics of studying abroad recommends universities.
Duke University? Duke University? TOP30
University of Cincinnati? Top 25 public universities
Case western reserve university? Top 30
George Washington University George Washington University? Top 50
Boston University. Boston University? Top 50
If you choose economics as your major, Brother Xun suggests that students try their best to choose a popular direction when the background matches. Because many colleges and universities in the United States offer popular majors, their scientific research strength will be relatively strong, so there are many choices, which greatly increases the chances of being admitted.
Employment prospects of American economics majors
First, continue to study for a doctorate, and mainly do research in the future. Speaking of doing research, some students go directly to the research center to do research after graduation. For example, some graduates from Duke University in recent six years entered Duke's research center, the Triangle Census Research Data Center.
The second is to enter the financial field, such as the banking system engaged in finance, investment, consulting and other work, such as Bank of Indonesia, Bank of Korea, Bank of Germany, Bank of Colombia, Bank of Paraguay, Bank of Turkey, Morgan, Citibank, Wells Fargo and so on.
Third, engage in consulting work, such as entering the consulting company Accenture (which currently has many branches in China).
Fourth, do the education industry. For example, the ideal employment channel is to stay in school. For example, in recent years, students have stayed in the school of economics and business school of the university.
Fifth, enter the public service departments of various countries.
Sixth, enter the accounting firm to do audit and tax work.
Seventh, enter the company to do trade, such as entering some multinational companies to do foreign trade, or returning to China to do foreign trade, of course, you can also do domestic trade. For example, enter Adidas, and then enter China Petrochemical Group, Samsung and other big companies.
Eighth, because economics will also study economic law, international law and other related legal courses, it can also enter the legal field after graduation.