Whats the difference between Economics and AEM (Applied Economics and Management)?
The Department of Applied Economics and Management, in the School of Agriculture and Life Sciences, offers an undergraduate business program that focuses on skills in such areas as accounting, marketing, finance, management, and human resources and organizational behavior. Economics, in contrast, does not provide specific business-related skills — and, in fact, business courses are not applicable toward the Econ major. Instead, Economics tries to (1) provide a rigorous grounding in analytical and statistical techniques and (2) instill a proven method of framing problems and pursuing solutions — a method that is applicable in personal, business, and governmental decision-making, and across a broad range of academic disciplines. In other words, a business degree prepares you for a particular career, whereas an Economics degree opens doors to many different careers, without providing (within the major itself) the skills specific to any one. Of course, you can always supplement your Econ
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