Hey guys, I know the posts so far have dealt with economic articles, but I figured it would be good to share my thoughts on why I like economics and what I want to do with it. Hope it helps generate more interest in the discipline from others.
When I decided to major in economics, I knew almost nothing about the discipline. I hadn’t taken a class in high school and my reason for majoring in economics was that I was remotely interested in business (my dad worked for
Exxon for 30 years) and I knew that an undergraduate degree gives you lots of options post-graduation.
Lucky for me, the shot-in-the-dark with economics has worked out better than I could have ever expected albeit for reasons I didn’t foresee. My initial interest in economics as a path to the corporate world has all but disappeared,
and in its place has risen an interest in development economics. What intrigues me about development economics is that it allows me to combine my academic field of study with my faith life and desire to use my talents to help others.
On a more general level, though, the field of economics has turned out to be far more interesting than I thought. I’ve realized that economics pervades nearly every part of society and that a healthy economy is essential to a healthy and
stable society. Studying political economy in Ruccio’s class has stimulated this process as its allowed me to more and more to apply economics to real life. For example, the Institutionalists argue that consumption is motivated
by achieving societal status, and when I started to think about it, it was like a light went on in my head. Fascinating stuff.
The thing that excites me most is that I want to know more. The more I learn, the more I realize I don’t know, and the more I want to dig deeper. Just reading and posting on this blog and talking with you guys is a great way to do that.
Greg
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