Why I Chose to Study Economics: A Student Shares Her Story

Just before my senior year of high school, I decided on a whim that I wanted to take the AP Economics course that my high school offered. Going into it, I had next to no knowledge about any economic topic.

At the time, my older sister, who was in college, had taken an economics course and told me that she found it interesting. This was definitely a contributing factor to my decision, since my older sister and I have always shared a lot of common interests.

why economics college essay

Kaitlyn Hoevelmann took an economics class in high school and never looked back. Now, she enjoys putting her double major in economics and journalism to work at the St. Louis Fed. Learn about our diverse career and internship opportunities.

I felt drawn to the subject, and I was lucky that my school had the resources to offer the class.

Economics immediately became my favorite subject after that. I looked forward to class every day and joined Future Business Leaders of America (FBLA) to compete in the economics category. First, I had to take a test for the district level, and the people with the top scores would be sent to the state competition.

I had to take the test only a few months into the semester—we spent all of that time studying macroeconomics, and the test covered both macroeconomics and microeconomics, so I spent hours outside of school reading books and taking practice tests to try and learn as much as I could in a condensed amount of time.

I attribute the beginning of my persistent interest in economics to these moments spent learning on my own late at night or between homework assignments. I ended up placing in the district competition and qualifying for state, where I took another test and placed in the top 10.

I decided sometime during the school year that I wanted to major in economics in college. When I was admitted into the University of Missouri’s (Mizzou) journalism school, I decided to double major in economics and journalism. Since then, I have had a great deal of fun taking different economics courses in school, and I have had many brilliant economics professors to look up to and learn from.

I also have enjoyed my position as a peer learning assistant for an introductory economics course at Mizzou designed for journalism students. In this position, I have held office hours for students to come to me for help, graded assignments and hosted review sessions.

I find the subject complex and challenging, and it is my personal mission to understand as much as I can and constantly learn more. It feels like each question and topic I face is a puzzle that needs to be solved, and I enjoy putting the pieces together.

Another experience that led me to study economics—and to the St. Louis Fed in particular—is when I went there on a field trip with my AP Economics class. We visited the Economy Museum and heard from an economist.

Based on the beautiful lobby, the friendly atmosphere and the great work that is done here, I knew the first step in my career would be getting accepted into the summer internship program at the Fed . I reached this goal in 2019, the summer after my sophomore year at Mizzou.

I’d like to someday dedicate my career to making economics more understandable and accessible to people, since it’s incredibly important in everyday life to understand the economy and the way it works.

More to Explore

Editor’s note: Kaitlyn has written about a range of economics topics. Check out her work:

  • What’s a Countercyclical Capital Buffer?
  • The Economic Costs of the Opioid Epidemic
  • How Payday Loans Work

Plus, listen to our Women in Economics podcast to hear real stories about prominent professionals making their marks in the field of economics.

Kaitlyn Hoevelmann

Kaitlyn Hoevelmann was a Public Affairs writer at the St. Louis Fed.

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This blog explains everyday economics, consumer topics and the Fed. It also spotlights the people and programs that make the St. Louis Fed central to America’s economy. Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.

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Why I Majored in Economics

Cameron greene '24.

Headshot of Cam Greene

I arrived at Yale thinking I would major in Ethics, Politics, and Economics and eventually attend law school. I took coursework in Directed Studies, Russian language, and political theory.

Taking intro microeconomics in the summer before sophomore year with Professor Koker, I enjoyed learning about the behavior of rational agents, such as the need to weigh opportunity costs. The economist’s way of thinking resonated with me. By providing new motivation, economics rekindled my love of math. Since sophomore year I have worked as an economic research assistant through the Tobin program and individual hires in the School of Management, Jackson School, and ISPS. Junior year, I switched to the Economics major for the opportunities to work more closely with economics faculty and to take more quantitative economics coursework.

The community is intimate. It is easy to find classmates to work on psets with. I have discovered new interests through the structure of the major and the research interests of faculty. Entering my senior year, I am looking forward to the challenge of writing my thesis. I am grateful for the support I have received from faculty mentors.

Marcella Villagomez '24

Headshot of Marcella Villagomez

When I got to Yale, I planned to major in Computer Science and Economics. I knew I wanted to explore and develop empirical models and understand their implications.

I decided on switching to just Economics at the end of my Sophomore year. I found a deep interest in the high-level programming required of econometrics, and found that there were a multitude of careers I could pursue within that realm. I have always found an interest in Economics due to its unique ability to bring together the quantitative (via modeling) and the qualitative (consistently diving into why the model appears the way it does).

I have thoroughly appreciated my experience within the major. Given that there are relatively few major requirements, I had the opportunity to explore so many different applications within the real-world, such as trade, industrial organization, and healthcare.

Nicholas Trenholm '24

Headshot Nick Trenholm

In high school, I developed a very strong interest in government and politics. This led me to enter Yale planning to major in Ethics, Politics, and Economics – an interdisciplinary program that prepares you for a career in public policy.

My freshman year, I took classes in all three of the disciplines under the umbrella of the EP&E major. After completing two semesters, one thing was clear. I enjoyed my economics classes far more than the others. I loved the real world applicability, the basis in quantitative and observable fact, and the logical puzzles that economics problems present you with. Yale's economics department boasts the best faculty in the world who, while producing industry-leading research, take deep care and pride in teaching undergraduates. The department also gives students the chance to participate in and contribute to innovative research projects. I have had the opportunity to learn from such an amazing array of professors, such as William Nordhaus and Costas Meghir. With course flexibility and a wide variety of electives, you can truly make the major your own. I decided to major in economics because I am passionate about the subject and value the support given by the wonderful advisors, staff, and faculty in the department.

My experience as an economics major has been one of growth and excitement. The major's core classes provide students with an excellent foundational knowledge of economics. You will be challenged at times and rewarded for the learning experience you are taking part in. I love the freedom provided by the major so that each semester I can put together a class schedule that excites me. From game theory to personal finance, each class is an opportunity to improve your economic toolkit and engage with a new and interesting subject matter. In addition to the world-class professors, the teaching assistants and advisors in the economics department really define the major. They always go the extra mile to ensure students are having a positive, constructive learning experience. The overall economics community at Yale is supportive, collaborative, and dynamic. I would encourage all new students to explore economics at Yale.

Annie Lin '24

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I arrived at Yale in September 2020 planning to double major in Economics and Electrical Engineering.

I've known that Economics was my major for me since my Junior year of high school, and it was probably not for the reason why everyone else majored in Economics. I like Economics because I sucked at it - I simply could not understand how one could translate social behavior down to models and numbers on a piece of paper. I think the challenge of delving into a field so unfamiliar and knowing that I had to work harder to strengthen my knowledge and build the necessary quantitative skills drove me to enjoy the work as I began to see Economics' practical applications in real life. I worked to build my understanding of the principles of microeconomics and macroeconomics brick by brick until I had a solid foundation that allowed me to explore other fascinating areas, such as labor economics and behavioral finance, and decided that it was the major for me ever since then.

My experience as an economics major has been very fruitful, especially as a student of another STEM major (electrical engineering), I could combine complementary skills from both majors to further my understanding of underlying concepts from both majors. I've particularly enjoyed using my coding background to work on data-driven projects as a Tobin RA or creating a simple regression model for PSETs. The best part of being an Economics major is that you are hands-on with applying the theories you've learned in class to history or your own models while working with the most up-and-coming researchers in your field.

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7 Reasons Why You Should Study Economics

Red and Blue Economics Graph

  • 30 Nov 2017

An economics course can teach you the fundamentals needed to decipher graphs and other important financial data, as well as the tools to develop a successful business strategy.

But how can you know if studying economics is right for you? Consider the possible outcomes of various economics programs and how they compare to your personal and professional goals.

What Is Economics?

At its core, economics is the study of how individuals, groups, and nations manage and use resources.

Economics can be broken down into microeconomics , which examines individual decisions, and macroeconomics , which is concerned with the economy as a whole. Both types of economics utilize historical trends and current conditions to inform business decision-making and make predictions of how markets will behave in the future.

Why Is Studying Economics Important?

Students who choose to study economics not only gain the skills needed to understand complex markets but come away with strong analytical and problem-solving skills, as well as the business acumen necessary to succeed in the professional world.

In fact, economics can be useful for professionals in all industries and aspects of daily life, not just in business.

Access your free e-book today.

7 Reasons to Study Economics

Here’s a look at seven advantages of studying economics and how it can benefit both your organization and career.

1. You'll Expand Your Vocabulary

Whether it’s scarcity (limited resources), opportunity cost (what must be given up to obtain something else), or equilibrium (the price at which demand equals supply), an economics course will give you fluency in fundamental terms needed to understand how markets work. Even if you don’t use these words often in your current role, studying these economic terms will give you a better understanding of market dynamics as a whole and how they apply to your organization.

2. You’ll Put New Terms into Practice

Economics isn’t just learning a set of technical words, it’s actually using them to develop a viable business strategy . Once you understand the terms, it’s easier to use theories and frameworks, like Porter’s Five Forces and SWOT analyses, to assess situations and make a variety of economic decisions for your organization. For example, many companies need to decide whether to pursue a bundled or unbundled pricing model or strategize for the best ways to maximize revenue .

3. You’ll Understand Your Own Spending Habits

Economics will teach you about how your organization and its market behaves, but also offer insights into your own spending habits and values. For example, Willingness to Pay (WTP) is the maximum amount someone is willing to pay for a good or service. There’s frequently a gap between hypothetical and actual WTP, and learning about it can help you decode your own behavior and enable you to make wiser financial decisions.

Demand curve; width: 50px; align: right;

For Shamari Benton, the concepts he learned in Economics for Managers opened his eyes to how everyday decisions are infused with economic calculations and principles.

“A simple grocery store visit becomes filled with economic references and analytical ponders,” Benton says.

4. You’ll Master the Nuances of the Field

Many people think of economics as just curves, models, and relationships , but in reality, economics is much more nuanced. Much of economic theory is based on assumptions of how people behave rationally, but it’s important to know what to do when those assumptions fail. Learning about cognitive biases that affect our economic decision-making processes arms you with the tools to predict human behavior in the real world, whether people act rationally or irrationally.

5. You’ll Learn How to Leverage Economic Tools

Learning economic theory is one thing, but developing the tools to make business decisions is another. Economics will teach you the basics and also give you concrete tools for analysis. For example, conjoint analysis is a statistical approach to measuring consumer demand for specific product features. This tool will allow you to get at the surprisingly complicated feature versus price tradeoffs that consumers make every day.

For example, imagine you work for Apple Inc. and you want to know what part of the iPhone should improve: Battery life, screen size, or camera. A conjoint analysis will let you know which improvements customers care about and which are worth the company’s time and money.

6. You’ll Be Better-Prepared for Graduate School

In addition to helping you make better decisions in both your personal and professional life, learning economics is also beneficial if you’re considering a graduate business degree. Studying economics can equip you with the problem-solving skills and technical knowledge needed to prepare for an MBA .

An MBA typically includes courses in finance, accounting, management, marketing, and economics, so if you decide an MBA is right for you, you’ll already be one step ahead. Furthermore, a foundational knowledge of economics enables you to use economic theories and frameworks to decide if graduate school is worth the financial investment.

7. You’ll Improve Your Career Prospects

An education in economics can improve your employability in a variety of industries. According to the World Economic Forum's Future of Jobs Report , analytical thinking and complex problem-solving skills top the list of transferable skills that employers will find increasingly important by 2025, both of which can be gained by studying economics.

In addition, many careers require knowledge of economic concepts, models, and relationships. Some possible career paths for economics students include finance, banking, insurance, politics, and healthcare administration . You’ll also be able to further your career in your current industry, as an understanding of the economics that power your industry can help you to be more effective in your role.

A Guide to Advancing Your Career with Essentials Business Skills | Access Your Free E-Book | Download Now

Options for Studying Economics

There are many options available for those looking to pursue an education in economics. Depending on your personal and professional goals, your current stage in life, and other important factors, you may choose to pursue an undergraduate or graduate degree in economics or take an online economics course to expand your future career opportunities.

Whether you're new to the business world or an experienced manager, having a thorough understanding of how markets work, pricing strategy, and consumer behavior is essential to success.

Do you want to take your career to the next level? Explore our eight-week online course Economics for Managers or other business essentials courses to learn how to apply economic principles to business decisions.

This post was updated on June 8, 2022. It was originally published on November 30, 2017.

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Why Economics Major

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Published: Aug 31, 2023

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Unveiling the fascination with economics as a major, passion for understanding the dynamics of resource allocation, analytical and critical thinking skills, societal impact of economic policies and systems, diverse applications of economics, economics as a lens to understand human behavior, quantitative skills and data analysis, global perspective and international economics, career opportunities and long-term goals, conclusion: embracing the path of exploring economics.

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why economics college essay

Why I Majored in Economics

Lucie abele ’22.

I chose to major in economics, because I enjoy learning about human decision-making and how our decisions directly impact our communities and environment. I also appreciate the extreme versatility within the field. Economics is the perfect crossover of research and analysis with human activity. Economic theory reaches into the fields of both STEM and social science, involving studies of areas such as math, politics, and psychology. Additionally, economic theory allows for quantitative analysis and qualitative examination of human and economic interaction in complimentary fields like law, business, finance, consulting, health and athletics.

For example, in Professor Stephen Marks’ Law and Economics class, we learned to evaluate legal cases from the perspectives of both economic and legal theory. I found the deliberate intertwining of these two fields intriguing – while they seem to be at odds, economic theory factors into legal theory and decision-making far more prominently than I would have expected. In Professor Marks’ course, I was able to explore in depth the decisions of various Supreme Court cases. I conducted detailed research regarding the legal and economic analysis of  Penn Central Transportation Co. v. City of New York,  diving into the legal issues of the case, the economic factors, and the social and public policy implications of the majority decision. Exploring topics such as these on a case-by-case basis showed me how applicable the study of economics is to so many other fields and opened my eyes to the myriad of areas and opportunities into which an economics major could lead.

Additionally, the economics faculty at Pomona is incredible. Economics is a subject that impacts everyone, and understanding economics, even at an introductory level, is helpful in one’s day-to-day life. The gifted scholars in this department not only teach Economic theory and its implications, but they also foster a successful learning environment and assist students in and out of the classroom. With them and with my Economics peers, I have made great friendships and have deeply enjoyed learning in this inviting space.

Cathy Kim ’22

Economics at Pomona is a great crossroads for those who enjoy the certainty of numerical answers and also seek a deeper understanding of human behavior and decision-making processes. As someone who enjoys reaching that one perfect answer while also wondering how people come to financial decisions, I found that economics was a great interdisciplinary major for me. Coming into college, I never considered majoring in economics, however, Professor Manisha Goel’s introductory macroeconomics class completely changed my outlook. Learning about models and their real-world applications helped me understand how central these principles are in our lives, and I found myself connecting my new economics knowledge in other classes and passions.

A great benefit of majoring in economics is that it opens doors to a wealth of diverse career options. Many economics majors pursue careers in finance and consulting, however, the tools you learn are applicable in any industry. Thanks to the practical knowledge I gained from my courses, I will be spending my summer interning in the fashion industry, at Bloomingdale’s Executive Development Program. Ultimately, you’re free to combine the major with anything else you are passionate about.

In my Economics of the Public Sector class, most of our lectures focused on domestic dynamics, however, we were given the freedom to research any country we were interested in for our final paper.

Using the principles, we learned in class, we analyzed the impacts of economic reforms on Mexico’s  ejido system and came up with policy recommendations. Much of the work I’ve done in my classes helps me look at economic realities through a more knowledgeable lens.

Asaka Mori ’22

I instantly knew I wanted to major in economics when I took Principles of Macroeconomics course in the first semester of my freshman year. I was amazed by how we could predict human behavior and model various social phenomena using theories I’ve learned in class. Economics helps us understand so much of what is happening around the world, including politics, climate change, poverty and health care. I also love the fact that it is an interdisciplinary major which incorporates both quantitative and qualitative analysis and can be used in any career paths after graduating from college.

Our Economics Department provides collaborative learning experience with professors. In the economics classes I have taken, I was fortunate to meet so many brilliant professors who are more than willing to help us learn economics and prepare for our future. I enjoy going to office hours, where professors are willing to explain the class material until I can fully understand and are open to talk about my future plans.

During Summer Undergraduate Research Program (SURP), I had a chance to work as a research assistant for Professor Michael Kuehlwein who was my professor for Principles of Macroeconomics class. We researched the impact of rising minimum wages in Los Angeles (L.A.) on the employment rate of the garment industry in the city. I was fascinated by this topic because the empirical effect of the change in minimum wages is still debated despite the fact that the economic theory suggests that the rise of minimum wages would decrease the employment rate. For our research, after collecting a sample of apparel manufacturing firms in L.A. from 2008 to 2018, we measured the ratios of the employment rates in the garment industry in L.A. to that in the United States as well as the ratios of minimum wages in L.A. to the federal minimum wages over these years. By using ratios, we controlled for other factors that may influence the employment rate, such as the rise of the rent prices and global competition. We ran regressions to measure how the ratio of minimum wages in L.A. to the federal minimum wages, which has been increasing as the minimum wages in L.A. increases rapidly over the years, is correlated with the ratio of employment rate in L.A. to that in the U.S., or how much faster the employment rate is falling in L.A. compared to the national trend. Professor Kuehlwein helped me write my own research paper for the first time, and this experience gave me a glimpse of what it is like to conduct a research in economics.

Pomona College gives us opportunities to explore different subjects, and I believe that economics is the one that is worth being explored. This is not just because of how great our economic department is but also because this subject is intertwined with other fields of study. After taking economics classes, I became interested in other subjects which are also discussed in our economics courses, such as mathematics, politics, and environmental analysis. If you are a Pomona student, I would definitely recommend taking at least one econ class!

Virgil Munyemana ’22

Coming into college, I knew I was interested in entrepreneurship. My sister recommended I do economics given its association with business and finance, so I honestly took economics courses on a whim at first. However, as I delved deeper into the major, I've realized how interdisciplinary the field is and all the different fields it could be used in, from policy work to academic research. I’ve even seen it used in social justice contexts, which is especially important given the renewed push for racial justice we’ve seen in the past summer. Economics can take you anywhere you want to go, it just depends on how you want to use it.

The professors are all very in love with the courses they teach and their enthusiasm shows, especially in office hours. They always try to make themselves as available as possible, which has been really helpful for me coming from a less privileged background. In addition, the economics department offers a cohort specifically for underrepresented students in the economics field to have a support system. Without this cohort, I probably wouldn’t have enjoyed the major as much as I did in my first year.

During the summer after my sophomore year, I was fortunate enough to have an internship at a private equity firm called the Vistria Group. They buy companies that work in healthcare, education, and/or financial services and try to improve their business models. I was working in the healthcare team and was tasked with creating an investment thesis for the durable medical equipment market, which is made up of things like glucose monitors, ventilators, and other products for chronic conditions. I had to use data from sources such as the Center for Medicare/Medicaid Services and the U.S. Census Bureau to support my argument, allowing me to use some of my economics knowledge in a real world situation. It was a really valuable experience and I also felt like I was doing some good in the world at the same time.

The economics department put out a very comprehensive statement in support of Black Lives Matter and acknowledged the role that economics can have in perpetuating these issues, as well as solving them. I appreciate the department taking the time to do this and am hopeful they will incorporate this mindset into the way classes are taught. I’m happy to be in a major where I feel supported.

Calvin Ng ’22

Growing up in Singapore, I was constantly exposed to policies which strived to maximize our benefits given the constraints of our limited natural resources. I had always considered an economics major, but with the vast array of fascinating fields offered, it initially felt difficult to confine myself to a single field of study. However, the beauty of economics lies in its multidisciplinary nature which allows me the flexibility to focus on economics in conjunction with my other interests.

Economics is a constantly evolving field that draws from a multitude of disciplines. For instance, in Professor Eleanor Brown’s microeconomics class, we attempted to quantify philosophy’s age-old trolley problem and studied how economists determine the value of a human life. In the field of behavioral economics, we integrate ideas from psychology to understand why humans sometimes act “irrationally.” In the new field of neuroeconomics, we interpolate the tools of neuroscience such as fMRIs to elucidate the intricacies of the human mind.

The economics major, which requires five electives, allows great flexibility by allowing students to craft their own path and gain depth in a particular subfield of economics. However, my best advice is to also take classes outside of your immediate field of interest. I took Economics of Immigration [course] on a whim this past semester, and it ended up becoming one of my favorite classes; I was able to gain a deep appreciation for the role of immigrants in a country’s success.

In addition, many students, like myself, also complete an additional major or minor. As an economics and biology double major, I am interested in solving health problems through scientific advancement and allocation of healthcare resources. Within the economics major, I was often given complete freedom to tackle research projects of my interest. In my Econometrics class, I had the opportunity to study the determinants of receiving the Influenza vaccine. I analyzed census data from the Centers for Disease Control and found that education level and race were the largest determinants. I hope to extrapolate these findings and apply them to the upcoming COVID-19 vaccines.

Outside of the classroom, I have explored a wide variety of internships. I gained experience as a research assistant investigating the dancing plant ( C.Motorius ) before working as a business analyst for StemCord, a biotechnology cord blood bank. This summer, I will be working as a summer associate for a consulting firm in Los Angeles. Hence, I strongly believe that the economics major will ground you with a strong foundation of the quantitative and qualitative skills required for almost any job. Whether your next destination is business, government, graduate school, or something completely different, you will be well equipped to take on the next challenge.

Helena Ong ’22

Economics embodies what it means to be interdisciplinary in both its foundational principles and its applications. Taking the introductory economics courses revealed how the discipline served as a baseline for understanding so much about human behaviors, interactions and facets of society. The upper division course selection exposes you to just how complex and diverse the field of study is with classes such as Corporate Finance, Behavioral Economics, and Environmental Economics that have personally helped me to understand how Economics is applicable to so many different fields.

The Economics Department at Pomona houses some of the most supportive and inspirational faculty I have met. Throughout my 10 economics courses, I have been able to learn from professors who have encouraged me through classes, office hours, research projects and even lunches. Whenever I had questions about my academic journey at Pomona or my internships and job opportunities, my economics professors provided me with invaluable insight and experience that has positively shaped my time at Pomona. It is so evident that the professors at the Economics Department not only are incredibly knowledgeable and passionate about what they teach, they also have a genuinely vested interest in their students’ lives. Whether it was helping me choose between internship offers or releasing an important statement about economics’ role in social issues, the faculty in the department are a huge reason I studied economics at Pomona!

I have been able to apply the knowledge from classes at several of my summer projects and internships. Working at the USDA, I was able to utilize trade and tariff theory I learned in my macroeconomics courses to help quantitatively model the U.S.-China trade-war in 2019. I have also been able to extend the financial and business side of economics at my internship in asset management with Alliance Bernstein where I worked to manage risk in institutional clients’ portfolios and my internship in Trading with JP Morgan where I will research markets for certain asset classes.

Ananya Sen ’22

I first fell in love with economics in my senior year of high school, when I came across Crash Course Economics on YouTube while preparing for a test and learnt about the practical applications of the subject – from how firms set prices to finding a way to measure individual happiness. And so, coming into college, I decided to major in economics.

However, I was only truly convinced of my choice when I took my first two electives at Pomona. It was then that I realized that economics is less a subject than a lens through which I can analyze absolutely anything and everything. For instance, in a paper I wrote for my Econometrics class, I studied the relation between literacy and mortality in India. Despite being a subject that focuses on optimization through the use of constraints ( iykyk ), economics for me proved to be optimal for the  freedom  it provides in the fields that it can be applied to – from mathematics to political science to psychology. Moreover, by comprising both normative and positive science, economics teaches one to bridge the gap between idealism and realism, and thus gain the potential to change society for the better.

Studying economics at Pomona is especially great because the professors are not only brilliant and truly passionate about the subject, but also exceptionally caring and invested in your personal success. The classes themselves are designed to teach you how to be a  good  economist; for instance, Professor Gary Smith’s Statistics course focuses a lot on how to avoid data modification, while Professor Malte Dold’s PPE course attempts to integrate ethics into economic analysis. Moreover, Pomona’s culture of collaboration is exemplified in the department: some of my most memorable nights at Pomona were spent wading through difficult but rewarding problem sets in one of the classrooms in Carnegie Hall with my classmates, nibbling on one or two chocolate muffins from the Coop.

This semester, I am working part-time as a research assistant to Professor Abhinash Borah at Ashoka University in New Delhi, where I am studying how polarization and the motivated reasoning it engenders influences content and (dis)information transmission in media spaces. The research involves designing a behavioral experiment, and analyzing social media algorithms, amongst other things. I am particularly excited about this opportunity because the scope of the project is more than just academic – apart from writing papers, we will also be brainstorming and implementing strategies to initiate discourse on these topics.

To any prospective students of economics, I will say this: do not be afraid to email professors, even if you have never met them before, and ask for advice on classes, research opportunities or grad school. The department provides you with all the support you may need, but it is up to you to seize it.

Franco Vijandre ’22

Coming into Pomona College I wanted to study something that would leave me with a diverse skill set, challenging both my quantitative and qualitative abilities, and economics does just that. Economics is about understanding behavior and real-world outcomes, and to do that you need to be creative in your reasoning but at the same time grounded in quantitative fact. Economics is also incredibly interdisciplinary and combines many of my other interests in mathematics, politics and sociology into one major. The interdisciplinary nature of the subject leads to a diverse offering of classes from finance courses to courses in development or international relations. The diversity of the major allowed me to find my own niche and granted me the flexibility to apply my economics degree to many potential career paths.

The professors in the Economics Department are truly remarkable. They all have a deep passion for what they teach and genuinely care about your learning. While the courses are challenging, the department provides all the tools for its students to succeed, with regular office hours, mentor sessions, and cohorts. The courses in the major are designed to equip students with a skill set to apply to real-world scenarios and original research. By my second year, I had already written two research papers surrounding my interest in voter trends, by utilizing the skills taught in my Economic Statistics and Econometrics classes. Most importantly the Economics department is filled with a great sense of camaraderie. Everyone is rooting for your success and the department will make any student feel at home.

This past summer I assisted Professor Michelle Zemel and Professor Manisha Goel in their research on economic uncertainty caused by the COVID-19 pandemic. My contribution to the research was to prepare a literature review to understand how an abstract concept like uncertainty is measured and what macro and microeconomic effects are expected during times of heightened uncertainty. I empirically tested the different methods of calculating uncertainty, aggregating millions of rows of stock price and forecaster data, to conclude that the uncertainty caused by the COVID-19 pandemic is at historic highs, even more so than the 2007-2009 recession. In addition to my summer research, I also interned at a boutique investment bank. I was working on several live deals in the medical devices and social media industries. During my internship, I was able to see how my studies in economics applied outside the academic setting. I constantly used econometric tools, and both macro and microeconomic theory to aid in my analysis and construction of financial models.

I would recommend to any incoming student, even if you are not interested in the field, to take at least one introductory course in economics. The economy affects everyone’s life and having a basic understanding of macro and microeconomic concepts will be incredibly useful in the future.

Kevin Wu ’23

There’s an old story that goes something like this: A physicist, a chemist, and an economist are stranded on a desert island, and they’re famished. Then a can of soup washes ashore. Chicken noodle soup let’s say.

But, famished as they are, our three professionals have no way to open the can. So, they put their brains to the problem. The physicist says, “We could drop it from the top of that tree over there until it breaks open.” The chemist says, “We could build a fire and sit the can in the flames until it bursts open.” The two squabble a bit, until the economist says “No, no, no. Come on, guys, you’d lose most of the soup. Let's do this. First, assume we have a can opener...”

Basically, I like to tell people I chose to major in economics so that I could assume and model my way out of any problem. Joking aside, economics is the intersection of math, psychology and decision making that can describe a wide array of experiences and phenomena that we hardly notice in our daily comings and goings—phenomena that are nonetheless incredibly revealing and insightful. It was both the wide breath and media coverage of the subject that initially drew me in, in addition to the fact that my high school economics teachers were really cool. Thanks Mr. Geers, et al.

Economics not only offers the opportunity to play with math, numbers and models, but it also enables us to better understand and recognize embedded assumptions in stories and models that drive how people think and interact. It marries stories and reality to models and numbers that we can digest and understand to get a better picture of what the heck is going on in the world around us.

As with any Pomona major, my most memorable experiences have been speaking with alumni, students and professors or working with them to get a better grasp of a specific problem, subject, or career path. There is a lot of content to cover in economics and some topics may be both mathematically and intuitively challenging, but when you sit down on zoom, and have an entire whiteboard filled with abstracts of Ash Ketchum, bizarre scribbles, and half-completed graphs—among many other things—and you’ve spent time with others really digesting a tough problem or discussing current events and plans for the future...that’s when you say to yourself: this is awesome.

For future students, all I have to say is try it out! Economics is so broad that you could find a niche in any of its verticals. What you learn along the way are the problem-solving mechanisms that will carry over to any occupation or club or obstacle you experience in the future, and faculty are really willing to sit down and help.

My Econstats companion and I last semester wrote a topic on the relationship between COVID-19 cases and the impact on the restaurant industry for different geographical relationships in the U.S. We were given the tools and the freedom to explore a variety of topics we were interested in and turned it into something we could pin to the refrigerator at the end of the year--which was really cool. It was like: Hey mom! I’m not just sitting around eating shrimp crackers during college. I’m doing something with my life.

One thing I’m really excited about—but kind of slow to complete—is an economic analysis of South Park (a TV show I’m into), SouthParkonomics if you will. It’s fun just taking some of the content learned in class and trying to apply in some quirky places to see how things hold up/what they look like. Taking theory to application, so they say. There’s a lot of that type of stuff at Pomona (not only in the econ department) where people are taking what they like to do and put it into something tangible. I didn’t really get it when I first got to campus, but it’s kind of contagious, so now I kind of do.      

If you ever have any questions, always feel free to reach out, you will find that more than often people will have a lot to give, even to complete strangers. Reach out to others in your classes and form a team to bounce ideas off and work with, building that team will be critical to your success. As with anything though, it takes time, so even if things aren’t going well—if you can even take one inch forward or find somebody to talk to—you’ve really gone a mile in accomplishing things. Fight On!

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How to Write a Good Economics Essay

Last Updated: March 7, 2023 References

This article was co-authored by Emily Listmann, MA . Emily Listmann is a private tutor in San Carlos, California. She has worked as a Social Studies Teacher, Curriculum Coordinator, and an SAT Prep Teacher. She received her MA in Education from the Stanford Graduate School of Education in 2014. This article has been viewed 127,821 times.

A good economics essay requires a clear argument that is well-supported by appropriately referenced evidence. Research your topic thoroughly and then carefully plan out your essay. A good structure is essential, as is sticking closely to the main essay question. Be sure to proofread your essay and try to write in formal and precise prose.

Preparing to Write Your Essay

Step 1 Read the question carefully.

  • For example a question such as “Discuss the macroeconomic consequences of rising house prices, alongside falling interest rates” could be divided into 2 parts: 1 part could be on the effects of rising prices, and 1 on the effects of falling interest rates.
  • In this example you could begin by discussing each separately and then bringing the 2 together and analysing how they influence each other.
  • Be sure to keep the question at the forefront of your mind and don’t veer off topic. [1] X Research source

Step 2 Research the topic thoroughly

  • Be sure that you understand all the key terms that you are being asked about.
  • Try to keep your reading focussed closely to the essay question.
  • Don’t forget to look at any lecture or class notes you have made.
  • 3 Come up with a thesis statement . A thesis statement is the main argument you will make in your essay. It should be 1-2 sentences long and respond to the essential question that’s being asked. The thesis will help you structure the body of your essay, and each point you make should relate back to the thesis.

Step 4 Plan out your content.

  • Once you have put together a list of key points, then try to add in some more detail that brings in elements from your research.
  • When you come to write out your essay, you can develop a paragraph based on each point.

Step 5 Think about your...

  • All of the evidence and explanation will be in the main body of the essay.
  • Order the key points in the body of your essay in such a way that they flow logically.
  • If you are writing a longer essay, you can break the main body into different sections. [2] X Research source
  • If you have a word limit, be sure to take this into account when you are planning.
  • Allocate yourself a rough number of words per section.
  • The introduction and conclusion can be just a paragraph each.

Writing the Essay

Step 1 Write the introduction...

  • What your essay is about.
  • What material you will cover in the essay.
  • What your argument is. [3] X Research source

Step 2 Outline your argument.

  • Having this stated clearly at the start can help you to stay focussed on the question as you work your way through the essay.
  • Try writing out this one or two sentence statement and sticking it up in front of you as you write, so it’s stays at the forefront of your mind.

Step 3 Write the body of the essay.

  • Try to begin each paragraph with a sentence that outlines what the paragraph will cover.
  • Look at the opening sentence of each paragraph and ask yourself if it is addressing the essay question. [5] X Research source

Step 4 Provide evidence for your argument.

  • Try to engage with arguments that run counter to yours, and use the evidence you have found to show the flaws.
  • It might help to imagine someone reading the essay, and anticipating the objections that he might raise.
  • Showing that you have thought about potential problems, and you can make an argument that overcomes them, is a hallmark of an excellent essay. [6] X Research source
  • If there is conflicting evidence, discuss it openly and try to show where the weight of the evidence lies. [7] X Research source
  • Don’t just ignore the evidence that runs counter to your argument.

Step 5 Write the conclusion...

  • In the conclusion you can add a few sentences that show how your essay could be developed and taken further.
  • Here you can assert why the question is important and make some tentative suggestions for further analysis.

Proofreading and Making Revisions

Step 1 Check for divergences away from the question.

  • As you read through it, think about how closely you stick to main overarching question.
  • If you notice paragraphs that drift off into other areas, you need to be tough and cut them out.
  • You have a limited number of words so it’s essential to make every one count by keeping tightly focussed on the main question.

Step 2 Assess the quality and depth of your argument.

  • Think about how you use the evidence too. Do you critically engage with it, or do you merely quote it to support your point?
  • A good analytical essay such discuss evidence critically at all times.
  • Even if the evidence supports your argument, you need to show that you have thought about the value of this particular piece of data.
  • Try to avoid making any assumptions, or writing as if something were beyond dispute. [10] X Research source

Step 3 Check spelling, grammar and style.

  • Remember an academic essay should be written in a formal style, so avoid colloquialisms.
  • Avoid contractions, such as “don’t”, or “won’t”.
  • Try to avoid paragraphs that are more than ten or fifteen lines long.
  • Think about how it looks on the page. [12] X Research source

Step 4 Check your referencing and bibliography.

  • Always include a bibliography, but don’t include references to things you haven’t read or didn’t inform your argument. [13] X Research source
  • Your teacher will know if you just add a load of titles into your bibliography that are not evidenced in the body of your essay.
  • Always follow the bibliography format used by your department or class.

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  • ↑ http://www.economicshelp.org/help/tips-economic-essays/
  • ↑ http://www.writing.utoronto.ca/advice/planning-and-organizing/organizing
  • ↑ http://carleton.ca/economics/courses/writing-preliminaries/academic-essay-writing/
  • ↑ https://www.economicsnetwork.ac.uk/archive/lse_writing/page_11.htm
  • ↑ http://homes.chass.utoronto.ca/~mcmillan/writing.pdf
  • ↑ https://www.royalholloway.ac.uk/economics/documents/pdf/essaywriting-departmentofeconomics.pdf

About This Article

Emily Listmann, MA

Before you begin writing your economics essay, make sure to carefully read the prompt so that you have a clear sense of the paper's purpose and scope. Once you have read the prompt, conduct research using your textbook and relevant articles. If you cannot find research materials, ask your instructor for recommendations. After your research is done, construct a 1-2 sentence thesis statement and begin outlining your main ideas so that your essay will have a clear structure. Make sure to leave time to write a draft and revise your work before it is due. If you want to learn more, like how to cite the sources you used for your essay, keep reading the article! Did this summary help you? Yes No

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Economics Essay Examples

Barbara P

Ace Your Essay With Our Economics Essay Examples

Published on: Jun 6, 2023

Last updated on: Jan 31, 2024

economics essay examples

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Are you struggling to understand economics essays and how to write your own?

It can be challenging to grasp the complexities of economic concepts without practical examples.

But don’t worry! 

We’ve got the solution you've been looking for. Explore quality examples that bridge the gap between theory and real-world applications. In addition, get insightful tips for writing economics essays.

So, if you're a student aiming for academic success, this blog is your go-to resource for mastering economics essays.

Let’s dive in and get started!

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What is an Economics Essay?

An economics essay is a written piece that explores economic theories, concepts, and their real-world applications. It involves analyzing economic issues, presenting arguments, and providing evidence to support ideas. 

The goal of an economics essay is to demonstrate an understanding of economic principles and the ability to critically evaluate economic topics.

Why Write an Economics Essay?

Writing an economics essay serves multiple purposes:

  • Demonstrate Understanding: Showcasing your comprehension of economic concepts and their practical applications.
  • Develop Critical Thinking: Cultivating analytical skills to evaluate economic issues from different perspectives.
  • Apply Theory to Real-World Contexts: Bridging the gap between economic theory and real-life scenarios.
  • Enhance Research and Analysis Skills: Improving abilities to gather and interpret economic data.
  • Prepare for Academic and Professional Pursuits: Building a foundation for success in future economics-related endeavors.

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If you’re wondering, ‘how do I write an economics essay?’, consulting an example essay might be a good option for you. Here are some economics essay examples:

Short Essay About Economics

A Level Economics Essay Examples

Here is an essay on economics a level structure:

Band 6 Economics Essay Examples

Here are some downloadable economics essays:

Economics essay pdf

Economics essay introduction

Economics Extended Essay Examples

In an economics extended essay, students have the opportunity to delve into a specific economic topic of interest. They are required to conduct an in-depth analysis of this topic and compile a lengthy essay. 

Here are some potential economics extended essay question examples:

  • How does foreign direct investment impact economic growth in developing countries?
  • What are the factors influencing consumer behavior and their effects on market demand for sustainable products?
  • To what extent does government intervention in the form of minimum wage policies affect employment levels and income inequality?
  • What are the economic consequences of implementing a carbon tax to combat climate change?
  • How does globalization influence income distribution and the wage gap in developed economies?

IB Economics Extended Essay Examples 

IB Economics Extended Essay Examples

Economics Extended Essay Topic Examples

Extended Essay Research Question Examples Economics

Tips for Writing an Economics Essay

Writing an economics essay requires specific expertise and skills. So, it's important to have some tips up your sleeve to make sure your essay is of high quality:

  • Start with a Clear Thesis Statement: It defines your essay's focus and argument. This statement should be concise, to the point, and present the crux of your essay.
  • Conduct Research and Gather Data: Collect facts and figures from reliable sources such as academic journals, government reports, and reputable news outlets. Use this data to support your arguments and analysis and compile a literature review.
  • Use Economic Theories and Models: These help you to support your arguments and provide a framework for your analysis. Make sure to clearly explain these theories and models so that the reader can follow your reasoning.
  • Analyze the Micro and Macro Aspects: Consider all angles of the topic. This means examining how the issue affects individuals, businesses, and the economy as a whole.
  • Use Real-World Examples: Practical examples and case studies help to illustrate your points. This can make your arguments more relatable and understandable.
  • Consider the Policy Implications: Take into account the impacts of your analysis. What are the potential solutions to the problem you're examining? How might different policies affect the outcomes you're discussing?
  • Use Graphs and Charts: These help to illustrate your data and analysis. These visual aids can help make your arguments more compelling and easier to understand.
  • Proofread and Edit: Make sure to proofread your essay carefully for grammar and spelling errors. In economics, precision and accuracy are essential, so errors can undermine the credibility of your analysis.

These tips can help make your essay writing journey a breeze. Tailor them to your topic to make sure you end with a well-researched and accurate economics essay.

To wrap it up , writing an economics essay requires a combination of solid research, analytical thinking, and effective communication. 

You can craft a compelling piece of work by taking our examples as a guide and following the tips.

However, if you are still questioning "how do I write an economics essay?", it's time to get professional help from the best essay writing service -  CollegeEssay.org.

Our economics essay writing service is always ready to help students like you. Our experienced economics essay writers are dedicated to delivering high-quality, custom-written essays that are 100% plagiarism free.

Also try out our AI essay writer and get your quality economics essay now!

Barbara P (Literature)

Barbara is a highly educated and qualified author with a Ph.D. in public health from an Ivy League university. She has spent a significant amount of time working in the medical field, conducting a thorough study on a variety of health issues. Her work has been published in several major publications.

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why economics college essay

1.1 What Is Economics, and Why Is It Important?

Learning objectives.

By the end of this section, you will be able to:

  • Discuss the importance of studying economics
  • Explain the relationship between production and division of labor
  • Evaluate the significance of scarcity

Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal decisions. If you look around carefully, you will see that scarcity is a fact of life. Scarcity means that human wants for goods, services and resources exceed what is available. Resources, such as labor, tools, land, and raw materials are necessary to produce the goods and services we want but they exist in limited supply. Of course, the ultimate scarce resource is time- everyone, rich or poor, has just 24 expendable hours in the day to earn income to acquire goods and services, for leisure time, or for sleep. At any point in time, there is only a finite amount of resources available.

Think about it this way: In 2015 the labor force in the United States contained over 158 million workers, according to the U.S. Bureau of Labor Statistics. The total land area was 3,794,101 square miles. While these are certainly large numbers, they are not infinite. Because these resources are limited, so are the numbers of goods and services we produce with them. Combine this with the fact that human wants seem to be virtually infinite, and you can see why scarcity is a problem.

Introduction to FRED

Data is very important in economics because it describes and measures the issues and problems that economics seek to understand. A variety of government agencies publish economic and social data. For this course, we will generally use data from the St. Louis Federal Reserve Bank's FRED database. FRED is very user friendly. It allows you to display data in tables or charts, and you can easily download it into spreadsheet form if you want to use the data for other purposes. The FRED website includes data on nearly 400,000 domestic and international variables over time, in the following broad categories:

  • Money, Banking & Finance
  • Population, Employment, & Labor Markets (including Income Distribution)
  • National Accounts (Gross Domestic Product & its components), Flow of Funds, and International Accounts
  • Production & Business Activity (including Business Cycles)
  • Prices & Inflation (including the Consumer Price Index, the Producer Price Index, and the Employment Cost Index)
  • International Data from other nations
  • U.S. Regional Data
  • Academic Data (including Penn World Tables & NBER Macrohistory database)

For more information about how to use FRED, see the variety of videos on YouTube starting with this introduction.

If you still do not believe that scarcity is a problem, consider the following: Does everyone require food to eat? Does everyone need a decent place to live? Does everyone have access to healthcare? In every country in the world, there are people who are hungry, homeless (for example, those who call park benches their beds, as Figure 1.2 shows), and in need of healthcare, just to focus on a few critical goods and services. Why is this the case? It is because of scarcity. Let’s delve into the concept of scarcity a little deeper, because it is crucial to understanding economics.

The Problem of Scarcity

Think about all the things you consume: food, shelter, clothing, transportation, healthcare, and entertainment. How do you acquire those items? You do not produce them yourself. You buy them. How do you afford the things you buy? You work for pay. If you do not, someone else does on your behalf. Yet most of us never have enough income to buy all the things we want. This is because of scarcity. So how do we solve it?

Visit this website to read about how the United States is dealing with scarcity in resources.

Every society, at every level, must make choices about how to use its resources. Families must decide whether to spend their money on a new car or a fancy vacation. Towns must choose whether to put more of the budget into police and fire protection or into the school system. Nations must decide whether to devote more funds to national defense or to protecting the environment. In most cases, there just isn’t enough money in the budget to do everything. How do we use our limited resources the best way possible, that is, to obtain the most goods and services we can? There are a couple of options. First, we could each produce everything we each consume. Alternatively, we could each produce some of what we want to consume, and “trade” for the rest of what we want. Let’s explore these options. Why do we not each just produce all of the things we consume? Think back to pioneer days, when individuals knew how to do so much more than we do today, from building their homes, to growing their crops, to hunting for food, to repairing their equipment. Most of us do not know how to do all—or any—of those things, but it is not because we could not learn. Rather, we do not have to. The reason why is something called the division and specialization of labor , a production innovation first put forth by Adam Smith ( Figure 1.3 ) in his book, The Wealth of Nations .

The Division of and Specialization of Labor

The formal study of economics began when Adam Smith (1723–1790) published his famous book The Wealth of Nations in 1776. Many authors had written on economics in the centuries before Smith, but he was the first to address the subject in a comprehensive way. In the first chapter, Smith introduces the concept of division of labor , which means that the way one produces a good or service is divided into a number of tasks that different workers perform, instead of all the tasks being done by the same person.

To illustrate division of labor, Smith counted how many tasks went into making a pin: drawing out a piece of wire, cutting it to the right length, straightening it, putting a head on one end and a point on the other, and packaging pins for sale, to name just a few. Smith counted 18 distinct tasks that different people performed—all for a pin, believe it or not!

Modern businesses divide tasks as well. Even a relatively simple business like a restaurant divides the task of serving meals into a range of jobs like top chef, sous chefs, less-skilled kitchen help, servers to wait on the tables, a greeter at the door, janitors to clean up, and a business manager to handle paychecks and bills—not to mention the economic connections a restaurant has with suppliers of food, furniture, kitchen equipment, and the building where it is located. A complex business like a large manufacturing factory, such as the shoe factory ( Figure 1.4 ), or a hospital can have hundreds of job classifications.

Why the Division of Labor Increases Production

When we divide and subdivide the tasks involved with producing a good or service, workers and businesses can produce a greater quantity of output. In his observations of pin factories, Smith noticed that one worker alone might make 20 pins in a day, but that a small business of 10 workers (some of whom would need to complete two or three of the 18 tasks involved with pin-making), could make 48,000 pins in a day. How can a group of workers, each specializing in certain tasks, produce so much more than the same number of workers who try to produce the entire good or service by themselves? Smith offered three reasons.

First, specialization in a particular small job allows workers to focus on the parts of the production process where they have an advantage. (In later chapters, we will develop this idea by discussing comparative advantage .) People have different skills, talents, and interests, so they will be better at some jobs than at others. The particular advantages may be based on educational choices, which are in turn shaped by interests and talents. Only those with medical degrees qualify to become doctors, for instance. For some goods, geography affects specialization. For example, it is easier to be a wheat farmer in North Dakota than in Florida, but easier to run a tourist hotel in Florida than in North Dakota. If you live in or near a big city, it is easier to attract enough customers to operate a successful dry cleaning business or movie theater than if you live in a sparsely populated rural area. Whatever the reason, if people specialize in the production of what they do best, they will be more effective than if they produce a combination of things, some of which they are good at and some of which they are not.

Second, workers who specialize in certain tasks often learn to produce more quickly and with higher quality. This pattern holds true for many workers, including assembly line laborers who build cars, stylists who cut hair, and doctors who perform heart surgery. In fact, specialized workers often know their jobs well enough to suggest innovative ways to do their work faster and better.

A similar pattern often operates within businesses. In many cases, a business that focuses on one or a few products (sometimes called its “ core competency ”) is more successful than firms that try to make a wide range of products.

Third, specialization allows businesses to take advantage of economies of scale , which means that for many goods, as the level of production increases, the average cost of producing each individual unit declines. For example, if a factory produces only 100 cars per year, each car will be quite expensive to make on average. However, if a factory produces 50,000 cars each year, then it can set up an assembly line with huge machines and workers performing specialized tasks, and the average cost of production per car will be lower. The ultimate result of workers who can focus on their preferences and talents, learn to do their specialized jobs better, and work in larger organizations is that society as a whole can produce and consume far more than if each person tried to produce all of their own goods and services. The division and specialization of labor has been a force against the problem of scarcity.

Trade and Markets

Specialization only makes sense, though, if workers can use the pay they receive for doing their jobs to purchase the other goods and services that they need. In short, specialization requires trade.

You do not have to know anything about electronics or sound systems to play music—you just buy an iPod or MP3 player, download the music, and listen. You do not have to know anything about artificial fibers or the construction of sewing machines if you need a jacket—you just buy the jacket and wear it. You do not need to know anything about internal combustion engines to operate a car—you just get in and drive. Instead of trying to acquire all the knowledge and skills involved in producing all of the goods and services that you wish to consume, the market allows you to learn a specialized set of skills and then use the pay you receive to buy the goods and services you need or want. This is how our modern society has evolved into a strong economy.

Why Study Economics?

Now that you have an overview on what economics studies, let’s quickly discuss why you are right to study it. Economics is not primarily a collection of facts to memorize, although there are plenty of important concepts to learn. Instead, think of economics as a collection of questions to answer or puzzles to work. Most importantly, economics provides the tools to solve those puzzles.

Consider the complex and critical issue of education barriers on national and regional levels, which affect millions of people and result in widespread poverty and inequality. Governments, aid organizations, and wealthy individuals spend billions of dollars each year trying to address these issues. Nations announce the revitalization of their education programs; tech companies donate devices and infrastructure, and celebrities and charities build schools and sponsor students. Yet the problems remain, sometimes almost as pronounced as they were before the intervention. Why is that the case? In 2019, three economists—Esther Duflo, Abhijit Banerjee, and Michael Kremer—were awarded the Nobel Prize for their work to answer those questions. They worked diligently to break the widespread problems into smaller pieces, and experimented with small interventions to test success. The award citation credited their work with giving the world better tools and information to address poverty and improve education. Esther Duflo, who is the youngest person and second woman to win the Nobel Prize in Economics, said, "We believed that like the war on cancer, the war on poverty was not going to be won in one major battle, but in a series of small triumphs. . . . This work and the culture of learning that it fostered in governments has led to real improvement in the lives of hundreds of millions of poor people.”

As you can see, economics affects far more than business. For example:

  • Virtually every major problem facing the world today, from global warming, to world poverty, to the conflicts in Syria, Afghanistan, and Somalia, has an economic dimension. If you are going to be part of solving those problems, you need to be able to understand them. Economics is crucial.
  • It is hard to overstate the importance of economics to good citizenship. You need to be able to vote intelligently on budgets, regulations, and laws in general. When the U.S. government came close to a standstill at the end of 2012 due to the “fiscal cliff,” what were the issues? Did you know?
  • A basic understanding of economics makes you a well-rounded thinker. When you read articles about economic issues, you will understand and be able to evaluate the writer’s argument. When you hear classmates, co-workers, or political candidates talking about economics, you will be able to distinguish between common sense and nonsense. You will find new ways of thinking about current events and about personal and business decisions, as well as current events and politics.

The study of economics does not dictate the answers, but it can illuminate the different choices.

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why economics college essay

How to Write the ‘Why Major’ Yale Essay

This article was written based on the information and opinions presented by Hale Jaeger in a CollegeVine livestream. You can watch the full livestream for more info. 

What’s Covered:

  • “Why This Major” and “Why Yale”

Applying With Multiple Majors

Applying undecided, be authentic, reasons to avoid.

In this article, we discuss strategies to write Yale University ’s “Why This Major” supplemental essay. For this essay, applicants must respond to the following prompt: 

“Students at Yale have time to explore their academic interests before committing to one or more major fields of study. Many students either modify their original academic direction or change their minds entirely. As of this moment, what academic areas seem to fit your interests or goals most comfortably? Please indicate up to three from the list provided.

Tell us about a topic or idea that excites you and is related to one or more academic areas you selected above. Why are you drawn to it? (200 words)”

‘Why This Major’ and ‘Why Yale’

When responding to Yale’s “Why This Major” essay prompt, keep in mind that the real hidden question is “Why do you want to pursue these fields of study specifically at Yale?” While it is important that you draw connections between your academic interests and Yale, you also will be writing a “Why Yale” essay, so you don’t have to cover every reason that you are interested in the school in this essay. 

That said, try to write about any specific programs or opportunities that you want to take advantage of within the department you are interested in at Yale. This essay is a great place to mention those academic opportunities unique to your major at Yale.

When you apply to Yale, you are asked to choose at least one and up to three majors. A wide range of disciplines are offered, with the three most popular majors at Yale being economics, computer science, and molecular, cellular, and developmental biology. 

It is common for Yale applicants to select two or three potential majors when they apply. If you do this and can connect them, even if they’re seemingly not connected at all, that is a great aspect to demonstrate within your essay. 

For example, when Hale applied to Yale, he applied as a chemistry and English double major, which on the surface seemed to be different fields. Hale was able to connect these fields by discussing his interest in scientific writing and scientific communication. In his essay, he discussed wanting to be able to both discover things and write about them in ways that were accessible to the average person and not just the scientific community.

If you are considering multiple majors that are not connected, try to think about the reason why you are interested in them. Is there something that they share even if they seem to be very different? 

Applying Undecided and Changing Majors

Many students are not yet sure as to what exactly they want to study in college, and it is fine to be undecided. When applying to Yale in particular, students have the option to select “undecided” as their major. 

Many students change their major at some point in college. For example, Hale is no longer a chemistry and English double major. He changed his major to biology before he even got to Yale, and then changed once again to his current major, neuroscience.

Writing About Undecided Majors

As you approach this essay, keep in mind that by writing about your academic interests, you are not setting in stone your future academic goals, and you will not be held to the major that you include in this essay. If you are undecided, try choosing one, two, or even three majors that you are considering studying, and talk about why those things interest you. Even if you haven’t made a real decision yet, it’s good to show why you’re interested in potentially pursuing certain fields because it gives the admissions team a window into what you’re passionate about.

Additionally, Yale has some interesting joint programs and interdisciplinary opportunities, such as computing in the arts, which is a combination of computer science and music. If you have multiple interests, you can use Yale’s course and department website to find unique programs that might be a good fit for you.

As you write your essay, it is important to highlight the authentic reasons that you’re interested in your field of study, rather than superficial ones. Authentic reasons are those that mean something and tell the admissions committee something important about who you are.

Some sample guiding questions to help you add authenticity to your essay are: 

Do you have past experiences that have made you interested in this major? Do you have goals for your future that this major will facilitate? What are the specific things about the major that are appealing to you? Is there a particular methodology associated with this field that aligns with your style of learning? Do you like to work with your hands and that’s why you want to go into your specific field? Do you like to ask questions and then go through a process to find the answers? What are the real reasons that you’re getting this degree? 

There are also some reasons for pursuing a major that don’t translate well in this essay. Reasons to avoid include post-graduation salary, clout and prestige, and family pressure.

It is important to show that you are not pursuing your major just because it’s something that will make you look good or give you a particular lifestyle. Instead, aim to demonstrate that you chose your major because it is actually what you want to do. There are plenty of careers that pay well, are prestigious, and seem cool, but there are only so many things that you’re passionate about, and that’s what a reader looks to see. 

Avoid talking about pursuing your major to make your parents proud or because they want you to study it. Your parents aren’t applying to college; it will be you attending this school, getting your bachelor’s, and starting your career. Yale wants to know what you want, not what your parents want.

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Columbia University

Why economics anonymous, for applicants to columbia college, please tell us what from your current and past experiences (either academic or personal) attracts you specifically to the field or fields of study that you noted in the member questions section. if you are currently undecided, please write about any field or fields in which you may have an interest at this time. (300 words or less).

“TZX Corp will buy Tyler’s store in a cash for stock transaction. Consider external economic factors and anti-trust regulations.”

Cases like these at the DECA International Career Development Conference pushed me beyond my comfort zone, and helped me uncover my love for business strategy. I believe that studying Economics with Business Management at Columbia is the next step in developing my interests towards a career that serves society.

Since my freshman year, I’ve nurtured a hobby for refurbishing and selling smartphones. While my interest started off technical, I slowly realized I was more excited by profitability ratios, calculating costs, and making sales than I was by repairing hardware. In addition, I participated in the National Economics Challenge, applying principles of macro and microeconomics to solve real-life scenarios. My team placed first in the Wild Card competition and advanced to nationals, placing 12th in the U.S. I’ve taken the initiative to self-study Coursera courses in corporate finance, financial accounting, and marketing; I’m currently taking operations management.

Economics can help us better understand the world we live in, providing a lens through which we can visualize solutions to seemingly...

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why economics college essay

Why Major Essay Examples

At many schools, the why major essay forms a crucial part of the college application process. In addition to your Common App essay , many schools require supplemental essays. One of the most popular supplemental essay prompts is the why major essay.

The why major essay allows colleges to learn more about you and your interests. This guide will give you some why major essay examples from popular colleges. It will also offer some tips on how to write a why major essay. 

This guide includes why major essay examples from the following colleges: The University of Texas at Austin , The University of Southern California , Cornell , Georgia Tech , and Pomona College . These college essay examples can act as a great source of inspiration for your why major essay. By looking at these college essays that worked, you can learn more about how to approach various supplemental essay prompts. 

What are examples of why major essay prompts?

The why major essay examples in this guide have varying prompts. Here are the why major essay prompts from our college essay examples: 

“Why major” essay requirements

As you can see, most why major essay examples will have between 250-300 words. However, some college essay examples will have more. Additionally, some why major essay examples will focus on college-specific information. In general, these essays ask why you’ve picked your intended major , so try to be as specific as possible. These why major essay examples are a great place to start if you need help with your why major essay. 

The college essay examples in this guide also reflect the level of research needed for a why major essay. As you research colleges, look for a class you want to take or a research opportunity that interests you. Then, be sure to include that in your why major essay for that school. If a prompt mentions the college’s name or asks why you’re interested in their school, focus on school specifics. The college essay examples we’ve included in this guide can help you jumpstart the writing process. 

Who has a why major essay?

Many schools have a why major essay, as these essays help colleges understand you and your academic passions. The why major essay examples in this guide come from UT Austin, USC, Cornell, Georgia Tech, and Pomona College. 

In addition to these schools, many other colleges also have a why major essay. Some of these include Yale University , University of Pennsylvania , Emory University , University of Michigan , and Rice University.  

Beyond the why major essay, many colleges will also have a why this college essay. This essay asks why you’re interested in that specific college. Some schools may combine the why this college essay and the why major essay. It can be helpful to compare colleges to help you decide which schools you prefer. In these essays, try to mention specific courses and professors. Some of the why major essay examples in this guide also function as why this college essay samples.  You can find more college essay examples here.  

Choosing your major

It’s okay if you don’t have a designated major in mind yet. While many schools will allow you to apply as an undecided student, some schools will require you to pick a major as part of your application. However, this choice often is not binding.

Reading why major essay examples can help as you choose your major and prepare to apply. If you’re not sure about your major, you can read our guide on How to Choose a Major.  

In our why major essay examples, you’ll see how your personal interests and passions can help you choose a major. Our why major essay examples demonstrate how helpful it can be for colleges to know why you’re interested in your intended major. Where do you see yourself working? What’s your favorite subject in school? Thinking through these kinds of questions (and reading college essay examples) can help you navigate the different majors available. 

Why This Major Essay Example

We’ve included five different why major essay examples below. Pay attention to how these why this major essay examples include specifics about each college. These why major college essay examples can help you understand what colleges look for in a Why Major essay. Overall, by reading college essays that worked, you can learn more about how to brainstorm and structure your own essays.

Now, let’s look at some why major college essay examples. 

UT Austin Essay Examples

Please describe your interest in your intended major and how your interest in the field developed. (250 words), ut austin essay example.

Some of you may wonder ‘When will I ever use derivatives in real life?’ Welcome to when.” My physics teacher, Mr. Welsh, described engineering as the “when” math and physics were applied to real problems. That is what is so attractive about engineering; it gives me the ability to apply intriguing concepts to fascinating projects. I love how engineering combines creative freedom with mathematical certainty to create projects that can impact and change the world.

During the Chain Reaction Contraption competition, a local competition, my team and I created a Rube Goldberg machine to complete a certain task. I found a love for the hands-on, creative portion of mechanical engineering and design. Other engineering activities also provided important experiences that contributed to my desire to pursue engineering. In my engineering design class, I enjoyed using computer programs like Solidworks and AutoCAD to create designs and visualizations of ideas. In FTC Robotics, I discovered that in addition to building the robot, I also loved the programming aspect behind mechanical design.

Reflecting on these experiences with engineering, particularly mechanical engineering, I am certain that engineering is the best path for me. I hope to apply my Mechanical Engineering degree to the Aerospace field. My dad is a pilot, so I have grown up hearing about and being around airplanes. As a child, I watched war plane documentaries with my dad and have had a passion for Aeronautics since then.

Why this essay worked

This why this major essay example works because it utilizes a personal story. By using a specific experience, this essay reflects on why this student is interested in mechanical engineering. Starting with a personal anecdote is a great way to introduce your essay. By including any experience you have with a club or extracurricular, you can help the reader understand your experience within the field. 

Reading UT Austin essay examples can help you start writing your why major essay. Read through the UT Austin Degree Programs and pick the major that best aligns with your interests. Try to think about what experiences, both inside and outside of school, have piqued your interest—this can be a great way to start your why major essay. Use the UT Austin essay examples to help guide your writing process. As you draft, these why major essay examples can be a great source of inspiration.  

USC Why Major Essay

Describe how you plan to pursue your academic interests and why you want to explore them at usc specifically. please feel free to address your first-and second-choice major selections. (300 words).

The perks of being an English major is that you have a lot of opportunities, which I fully plan on partaking in during my time at USC. First and foremost, I hope to form close connections with my professors and to take advantage of the world-class education I’d be receiving. There is also a study abroad program specifically entwined with English that I hope to be able to participate in during my time at USC. I intend to participate and eventually help with the events that USC’s English department puts on as well.

As a sophomore, I hope to be a research assistant to a professor, hopefully someone who specializes in Romanticism or the niche field of ‘Law and Literature.’ I plan on starting research to write my own thesis during my junior year and hope to publish by my senior year. I plan on being a research assistant first because it would give me insight on the mechanics of research in the humanities and would help me formulate some ideas for my thesis early on. Since I am on the pre-law track, I hope to take advantage of USC’s resources by starting an internship.

While I have yet to declare a minor, I would like to capitalize on my love for languages by minoring in a language, and since Los Angeles and the campus of USC itself is a multicultural hub, I could immerse myself into the cultural aspects that come with learning a “new tongue.”

Why this essay worked 

This why this major essay example works because it focuses primarily on how this student will utilize the resources at USC to pursue their intended major. In this, the essay fully answers the prompt set by the USC Admissions Office. 

This USC Why Major essay mentions the specific study abroad program and the research opportunities available. In doing so, it shows how familiar this student is with the English program at USC. This USC essay also helps demonstrate the student’s excitement for the opportunities available at USC. Detailing a rough plan for each year in college is a great way to show the USC Admissions Office what you know about their school’s programs. 

This USC Why Major essay is a great example of combining a Why This Major essay example and a Why This College essay sample. Compared to the other Why Major essay examples you may read (including the one above), this USC essay is specific. Other Why Major college essay examples may be used for more than one school—often, you’ll include similar information in your supplemental essays for different schools. However, the USC Why Major essay can only be used for USC. The USC Admissions wants you to detail exactly what about USC you find appealing, and this USC essay does this very well. 

Cornell Arts and Sciences supplement essay example

Students in arts and sciences embrace the opportunity to delve into multifaceted academic interests, embodying in 21st century terms ezra cornell’s “any person … any study” founding vision. tell us about the areas of study you are excited to explore, and specifically why you wish to pursue them in our college. (650 words), cornell arts and sciences supplement essay example.

When 6:35 AM alarm rings, I find myself considering the Law of Diminishing Marginal Utility–if I hit the snooze button, will my eight minutes of fragmented slumber garner more utility than a fresh-brewed cup of coffee? The trend continues throughout the day: with the release of the newest Yeezys, I contemplate bounded rationality. Though the sneakers scarcely justify the price tag of $550, the rapidly-depleting supply almost overwhelms my rational decision-making capabilities: textbook behavioral economics. As soon as I realized that my daily decisions could be explained by economics, I was determined to learn more. 

To many, the subject conjures images of stockbrokers painstakingly laboring over Excel spreadsheets; it’s easy to forget it governs our everyday lives. Half a century ago, the creation of the unassuming mortgage-backed security set the stage for the global 2008 Recession. Simultaneously, the power of economics can be awe-inspiring: Muhammad Yunus’ work with microfinance pioneered new ways to address global poverty. Studying AP Economics, participating in countless rounds of debate both in and outside the United States, self-studying courses like Professor Chetty’s Using Big Data to Solve Economic and Social Problems, and managing the budget of our schools debate team taught me that market principles govern our world; through my education, I hope to learn how to harness them for good.

After a summer working for Congressman DeSaulnier, I realized that economics and politics are intertwined. One of my most memorable projects was preparing a brief on H.R. 4674 (the College Affordability Act)–for two weeks, I scrutinized the social, political, and economic effects of the legislation, and concluded with a half-hour presentation on my findings to the Congressman. In the process, I realized that even seemingly minor pieces of legislation affect all of society; by helping disenfranchised communities gain access to education, the bill addresses cyclical poverty at the root. When the Congressman announced he would become a co-author, it was a personal victory–it cemented my desire to intertwine my passion in economics with our political process, and learn how to craft innovative legislation designed to benefit millions.

The College of Arts and Sciences at Cornell is the ideal environment for me to pursue those passions. As an aspiring Economics major, I’m incredibly excited to learn from world-renowned economists like Professor Basu. Beyond fascinating courses like Game Theory and Strategic Economics, which synthesize economics, business, politics, and diplomacy, it would be a privilege just to attend his office hours and learn from his experience as former Chief Economist at the World Bank and President of the International Economic Association. In addition to my classes, I’d love to get involved in the Hatsfield Undergraduate Research program and further my understanding of how economics can be applied. Papers like Professor Battaglini’s “The Political Economy of Weak Treaties” are fascinating to read, and it would be a phenomenal experience to receive mentorship from veterans in the field while aiding them in their work. 

I’d also love to minor in Public Policy, which seems almost tailor-made for my own career goals; the synthesis of an unparalleled education in the fundamentals of economics with courses designed to help students craft tangible policy would literally be a dream come true. Programs like Cornell in Washington promise the opportunity to get hands-on experience from Capitol Hill itself. I’d be more than happy to use my education in a Congressional Committee and get an insider perspective on the steps that go into developing, amending, and passing legislation.

The College of Arts and Sciences combines that with a robust undergraduate community, which offers unique opportunities to collaborate with a large student body and start developing a professional network–whether I’m catching a game of ice hockey or participating in Dragon Day, I know there’ll never be a dull moment. All in all, Cornell promises four truly life-changing years–I can’t wait to become a member of the Big Red community.

Reading through Cornell Arts and Sciences supplement essay examples, like the one above, can serve as an excellent case of how to combine a Why Major essay and a Why This College essay.  

Out of all the college essay examples we’ve included here, the Cornell Arts and Sciences supplement essay examples contain the most detail. This why this major essay example showcases how important it is to have exact details available about the college or program you are applying to. This student highlights several different professors at Cornell, as well as their specific work and research. The Cornell Admissions Office appreciates the time and effort put into these essays, so it’s crucial to do your research! 

This why this major essay example also uses the longer word count well. In particular, it offers personal anecdotes while showcasing the writer’s knowledge of economics. The reader gets to know the student better, and the Cornell Admissions team can see that the writer is serious about studying at Cornell. 

As you can see in these why major essay examples, the more specific details you can include about the college, the better. Reading multiple Cornell supplemental essay examples can help you explore the different programs students look forward to joining. Be sure to explore the Cornell Admissions website to review their offered fields of study .  If you’re undecided on a major, you can read through our guide on Cornell Majors here for some inspiration. You can also read more Cornell supplemental essay examples here . 

Georgia Tech Essay Examples

Next, let’s look at some essay examples from Georgia Tech. Here’s the prompt:

Why do you want to study your chosen major at Georgia Tech, and what opportunities at Georgia Tech will prepare you in that field after graduation? (300 Words)

Georgia tech essay example.

March 29, 2019. 11 AM EST. GT Shadow Day. I remember it all so clearly: Descending the red-brick steps of the Old Civil Engineering Building. My friend and I, chatting up a storm, our minds blown by our newfound perspectives. 

We had just walked out of ECON-4060: Money & Capital Markets, taught by Dr. Belton. To say that it changed my life would be no exaggeration; within an hour, Dr. Belton had upended my perception of society and defined my future aspirations. 

We had been asked to consider a popular commodity, diamonds. Hardly rare, fast-decaying, and intrinsically worthless. So why do we buy them? Dr. Belton had then illuminated the factors in our economic behavior that cause us to gift a ring in marriage rather than something with real value, say a treasury bond. These realizations were enough to rock me back on my heels, for I had never before noticed the large degree to which our everyday economic decision-making is irrational.

Craving more than that one splendid hour, I knew where and what I wanted to study for the next four years. I saw myself strolling through Bobby Dodd Way, bumping into old friends as I made my way to Midtown Atlanta. Then, I imagined myself exploring the realm of economics, probing questions ranging from price formation to income disparity. I saw myself at a place that felt familiar enough to call “home,” learning in a way that felt genuine enough to call “discovery.”

Educating myself on the mechanics of economics is just a glimpse of my great desires. Through the senior research project, I seek the one-on-one guidance of faculty in yielding a publishable journal paper. Someday, with the support of the program’s alumni network, I plan to pursue career and internship opportunities in the great company headquarters of Atlanta.

Like many of the why major essay examples we’ve highlighted, this why major essay starts with a personal anecdote.  Our Georgia Tech essay examples can be used as a why this college essay sample as well. 

The student’s personal story is tied to Georgia Tech. This makes it a great addition to a Georgia Tech application.  Our Georgia Tech essay examples also drive home the importance of bringing specific details about a college into your why major essay. The Georgia Tech supplemental essays examples can help spark your inspiration on what details to include. This why this major essay example does a great job of building on a personal experience with Georgia Tech. It also highlights what prompted the student’s interest in economics. 

Learning from Georgia Tech essay examples

Reading through Georgia Tech supplemental essays examples like the one above can teach you a lot. As you approach your essays, make sure you showcase how important it can be to reference specific classes or professors offered by a college. Use Georgia Tech essay examples to get some inspiration for your research and writing. 

If you are interested in submitting a Georgia Tech application, be sure to familiarize yourself with the offered majors. These can be found here .  The Georgia Tech supplemental essay examples can be a great research tool as well if you are unsure about picking a major. 

For more help on a Georgia Tech application, be sure to read through our guide on Georgia Tech Admissions as well. Reading through more Georgia Tech essay examples can help if you’re feeling stuck on your why major essay—it can be helpful to target your search for the major you’re interested in. The Georgia Tech supplemental essays examples illustrate the importance of building connections between your interests and what each college offers. 

Pomona College Essay Examples

What gets you excited about your academic interest selection(s) above (300 words), pomona college essay example.

I’m a cis-gender gay man. I came out to my family during my sophomore year and to my entire school in an assembly my junior year. 

My queer identity has inspired my involvement at Tony’s Place, my research on LGBTQ+ youth experiencing homelessness, and my involvement in changing my school’s LGBTQ+ policies. Being gay has become a primary lens through which I view the world. 

The Gender & Women’s Studies Program would provide me with a critical lens to further understand my own experiences and ways I can become a better activist. 

The LGBTQ+ community is distinct from other marginalized groups because it is an umbrella of different experiences, and it takes a high level of literacy to understand these differences. The Gender & Women’s Studies Program’s emphasis on including diverse perspectives in the curriculum is crucial in my understanding of other perspectives and ways I can support others. 

For my Modern Middle East final, I wrote a forty-five page paper on LGBTQ+ movements in Middle Eastern countries. Writing this paper made me think about LGBTQ+ rights from an international perspective. Pomona’s Decolonizing Gender and Sexuality in Asian/America can advance my understanding of the cultural implications of Western colonization. In doing so, I’ll discover ways the United States can assist an LGBTQ+ social movement in other nations without imposing an imperialist definition of pride.

While researching alongside a University of Houston professor, I had to consider the relationship between disabilities and LGBTQ+ homeless youth’s mental health outcomes. Taking The Disability Studies: Foundations, Intersections, & Future class will help me better empathize with the different communities represented in my future research endeavors. 

By linking queer theory to disciplines such as economics, media studies, and politics, The Gender & Women’s Studies Program will prepare me for a lifetime of activism.

This why this major essay example does a great job of connecting this student’s personal identity and experiences to their intended major. This Pomona essay gives the reader insight into who the student is. It also highlights how their identity has informed their academic passions. 

Out of all the Pomona majors, this student describes a specific program that spoke to their long-term goals. Reading through the Pomona College essay examples can help you structure your Pomona essay. This why this major essay example also has a great structure. It opens with a personal anecdote and segues into specific details about Pomona naturally. As such, this why this major essay example feels cohesive and clear. 

When reading through college essay examples, pay attention to how closely they follow the exact prompt directions. The Pomona College essay examples highlight how important it is to answer the prompt. Your Pomona essay should explain why your intended major excites you. Make sure you read through the offered Pomona majors, found here. The Pomona College essay examples can also help you narrow down your options from the many Pomona majors offered. The reader can feel how excited this student is to pursue their major at Pomona, making it a great why this college essay sample as well! 

How to write a Why Major Essay

After reading through the why major college essay examples, you may still feel stuck on how to write a why major essay. The first step to writing a why major essay is to pick your major. 

While this may seem obvious, this can be a difficult step for a lot of students. There are many great guides on picking a college major, including our own guide . There are also guides from U.S. News , Research.com , and Coursera . Additionally, you can review the data collected by the National Center for Education Statistics on the most popular college majors. Reading about different majors (and reading different why did you choose this major essay examples) can help you decide which path of study is best for you. 

You can also read a number of college essays that worked from Johns Hopkins University here . These can help you explore different areas of study and see how other students have described their experiences. Additionally, you can read our guides on college search , building a college list , and how to compare colleges . 

Beginning your writing process

Once you know what major to pick, the fun part starts. Read some why did you choose this major essay examples and think of your own experience. Was there a class you took that sparked your interest or a club that inspired a new academic passion? What subjects or topics within this major speaks to you the most? Start reading why major essay examples for your intended major—they may help you focus your interest. 

Let’s think through how a student may tackle a why major essay. Imagine a student named Isla who plans to study biology in college. When sitting down to write her why major essay, she might research each school’s biology programs in depth. Then, she might pick one or two classes for each school and look up what research projects the professors design. 

She’ll also think about why she wants to study biology. She can still remember how captivated she was during her biology classes and how excited she was to learn more—this can be a great start to her essay. Isla can build her why major essay around her personal interests and the research she’s done. The Why Major essay gives Isla a great opportunity to explain her passions and to show schools she is serious about her goals. 

Why engineering essay

If you’re interested in applying to engineering programs, your why engineering essay should detail what subjects within engineering you find compelling. Some schools will have you write a why engineering essay as part of their application process. Some of these include Duke University’s Pratt School of Engineering and the California Institute of Technology . 

When writing your why engineering essay, it can be helpful to include the specific field you’re interested in, such as mechanical engineering, biomedical engineering, or computer engineering. Research the programs you’re applying to. Then, try to include any recent projects or news in your why engineering essay. Overall, a why engineering essay should explain your interest, include relevant information about each school and showcase your knowledge in engineering. 

In addition to the UT Austin why this major essay example included in this guide, research other college essays that worked specifically to engineering. Reading why major essay examples for engineering programs can teach you more about the programs that interest you. If you’re feeling stuck, read more why did you choose this major essay examples for some inspiration!

Why business major essay

As the most popular major for undergraduate students, writing a why business major essay can be intimidating. Since business is such a popular major, many why major essay examples will focus on business. Some schools will have you write a specific why business major essay. For example, the University of Pennsylvania and the University of Michigan Ross School of Business require them. You can also refer to the Cornell why this major essay example included in this guide. 

Try to include specific details about your experiences to ground your why business major essay. Think about your future career goals—do you have a dream company you’d like to work for? Look into each business program as well. Do they have any exciting internship programs, or connections with local businesses? Breaking down your goals and detailing what makes you excited about the specific program can help you write your why business major essay. 

Reading college essay examples specific to business programs can help as well. You may find more essays geared towards graduate degrees, but researching why did you choose this major essay examples for business can help target your search. Reading why major essay examples for business programs can also help you see what specific schools look for.

Why nursing essay

Nursing is quickly becoming one of the fastest-growing professions in the United States. Writing a why nursing essay can be a core component of applying to nursing programs. This includes applying to programs at the University of Virginia and the University of California, Los Angeles . So, reading a why this major essay example for nursing can help jumpstart your writing process. 

Your why nursing essay should explain your passion for the field. In your why nursing essay, be sure to include any personal stories you may have regarding nursing and the health field. Many why major essay examples for nursing include personal stories to help explain the student’s interest in healthcare.

Your why nursing essay should also be as specific as possible. Is there a specialization you’re interested in? Be sure to reflect on caretaking and share any personal experience you may have. These can elevate your why nursing essay. Additionally, if you’ve volunteered in a healthcare facility or have any experience with the profession, include these details in your essay. Overall, your why nursing essay should explain to the reader why you’re passionate about such an important field. It should also outline your future career goals within healthcare. 

Other CollegeAdvisor Resources on College Majors

If you’re still feeling stuck on picking a major for your why major essay, CollegeAdvisor is here to help. In addition to these why major essay examples, you can review our guide on college majors here . This guide includes college-specific resources, but we also have a guide on listing a college major . Beyond that, we have guides for business majors and computer science majors. Additionally, we have guides on college enrollment , study abroad , and test scores . 

Reading these different guides, alongside these why major essay examples, can help you navigate the wide array of majors. Once you find a major you’re interested in, reading why major essay examples for your specific major can help you start writing your why major essay. 

Why This Major Essay Examples – Final Thoughts

Applying to college may feel overwhelming, but researching schools and majors is a crucial first step. Reading college essays that worked can help you understand what goes into a great why major essay. 

Even if you’re not sure about your intended major, reading through why did you choose this major essay examples can help in the decision-making process. Arming yourself with information about each program will help, too. Reading why major college essay examples can provide specific inspiration for the programs you’re interested in. Focus on what excites you about each school’s program, and you’ll have a great starting point for your why major essay!

This essay guide was written by senior advisor, Jess Klein . Looking for more admissions support? Click here to schedule a free meeting with one of our Admissions Specialists. During your meeting, our team will discuss your profile. We will help you find targeted ways to increase your admissions odds at top schools. We’ll also answer any questions and discuss how CollegeAdvisor.com can support you in the college application process.

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ECONLIB Guides

What Is Economics?

What Is Economics?

Introduction

Economics is about making choices. We make all kinds of choices every day. How much should I spend on gas? What’s the best route to work? Where should we go for dinner? Which job or career should I go for? What are the pros and cons of finishing college versus taking a job or inventing the next, best Internet startup? Which roommate should take care of washing the dishes? Can I get that dog as a pet? Should I get married, have children, and if so, when? Which politician should I vote for when they all claim they can improve the economy or make my life better? What is “the economy,” anyway? What if my personal or religious principles conflict with what people tell me is in my best economic interest?

Many people hear the word “economics” and think it is all about money. Economics is not just about money. It is about weighing different choices or alternatives. Some of those important choices involve money, but most do not. Most of your daily, monthly, or life choices have nothing to do with money, yet they are still the subject of economics. For example, your decisions about whether it should be you or your roommate who should be the one to clean up or do the dishes, whether you should spend an hour a week volunteering for a worthy charity or send them a little money via your cell phone, or whether you should take a job so you can help support your siblings or parents or save for your future are all economic decisions. In many cases, money is merely a helpful tool or just a veil, standing in for a partial way to evaluate some of the goals you really care about and how you make choices about those goals.

You might also think economics is all about “economizing” or being efficient–not making foolish or wasteful choices about how you spend or budget your time and money. That is certainly part of what economics is about. However, that’s just the tip of the iceberg. We all know that we can save money or time by being more efficient in our planning. A trip to the supermarket can be coordinated with a trip to take your child to school or to deposit a check at the bank across the street to save on gas. But we sometimes don’t choose the most efficient options. Why not? Economics is also about plumbing the depths of why we sometimes do and sometimes don’t make what seem like the most economizing or economical choices.

Is economics a science (like physics), or is it a social science, or even an art? What is the difference, and what do we know about what we can’t or don’t know for now? Can economic problems be solved by better government, more experts, bigger computers, more engineering, better education, less government, more dispersed knowledge, more markets? How can we make informed choices?

You’ve probably heard that economists disagree about a lot of things. Actually, what economists disagree about is politics or public policy, not economics. Exploring the interface between politics and economics is part of the fun.

On this page are some famous, standard definitions about what economics is all about.

Definitions and Basics

Economics is the study of given ends and scarce means. Lionel Robbins , biography, from the Concise Encyclopedia of Economics :

Robbins’ most famous book was An Essay on the Nature and Significance of Economic Science , one of the best-written prose pieces in economics. That book contains three main thoughts. First is Robbins’ famous all-encompassing definition of economics that is still used to define the subject today: “Economics is the science which studies human behavior as a relationship between given ends and scarce means which have alternative uses.”…

What is “political economy”? Chapter I, Principles of Economics , by Alfred Marshall.

Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing. Thus it is on the one side a study of wealth; and on the other, and more important side, a part of the study of man. For man’s character has been moulded by his every-day work, and the material resources which he thereby procures, more than by any other influence unless it be that of his religious ideals; and the two great forming agencies of the world’s history have been the religious and the economic. Here and there the ardour of the military or the artistic spirit has been for a while predominant: but religious and economic influences have nowhere been displaced from the front rank even for a time; and they have nearly always been more important than all others put together. Religious motives are more intense than economic, but their direct action seldom extends over so large a part of life. For the business by which a person earns his livelihood generally fills his thoughts during by far the greater part of those hours in which his mind is at its best; during them his character is being formed by the way in which he uses his faculties in his work, by the thoughts and the feelings which it suggests, and by his relations to his associates in work, his employers or his employees.

Isn’t economics nicknamed the “dismal science” because it is all about running out of resources and the inevitable decline of life as we know it? Who coined the phrase “the dismal science”? The Secret History of the Dismal Science: Economics, Religion, and Race in the 19th Century , by David M. Levy and Sandra J. Peart. Econlib, January 22, 2001.

Everyone knows that economics is the dismal science. And almost everyone knows that it was given this description by Thomas Carlyle, who was inspired to coin the phrase by T. R. Malthus’s gloomy prediction that population would always grow faster than food, dooming mankind to unending poverty and hardship. While this story is well-known, it is also wrong, so wrong that it is hard to imagine a story that is farther from the truth. At the most trivial level, Carlyle’s target was not Malthus, but economists such as John Stuart Mill, who argued that it was institutions, not race, that explained why some nations were rich and others poor….

Economics on One Foot , a LearnLiberty video.

Prof. Art Carden, in memory of Ayn Rand’s philosophy on one foot, presents economics on one foot.

In the News and Examples

Diane Coyle on the Soulful Science , EconTalk podcast.

Diane Coyle talks with host Russ Roberts about the ideas in her new book, The Soulful Science: What Economists Really Do and Why it Matters. The discussions starts with the issue of growth–measurement issues and what economists have learned and have yet to learn about why some nations grow faster than others and some don’t grow at all. Subsequent topics include happiness research, the politics and economics of inequality, the role of math in economics, and policy areas where economics has made the greatest contribution….

Isn’t economics all about supply and demand? Richard McKenzie on Prices , EconTalk podcast. June 23, 2008.

Richard McKenzie of the University California, Irvine and the author of Why Popcorn Costs So Much at the Movies and Other Pricing Puzzles, talks with EconTalk host Russ Roberts about a wide range of pricing puzzles. They discuss why Southern California experiences frequent water crises, why price falls after Christmas, why popcorn seems so expensive at the movies, and the economics of price discrimination….

Isn’t economics all about Adam Smith and the invisible hand? Adam Smith: The Invisible Hand , a LearnLiberty video.

Prof. James Otteson, using the ideas of Adam Smith, explains how the division of labor is a necessary and crucial element of wealthy nations.

Don’t all economists disagree? Henderson on Disagreeable Economists . EconTalk podcast, July 30, 2007.

David Henderson, editor of the Concise Encyclopedia of Economics and a research fellow at Stanford’s Hoover Institution, talks with EconTalk host Russ Roberts about when and why economists disagree. Harry Truman longed for a one-armed economist, one willing to go out on a limb and take an unequivocal position without adding “on the other hand…”. Truman’s view is often reflected in the public’s view that economic knowledge is inherently ambiguous and that economists never agree on anything. Henderson claims that this view is wrong–that there is substantial agreement among economists on many scientific questions–while Roberts wonders whether this consensus is getting a bit frayed around the edges. The conversation highlights the challenges the everyday person faces in trying to know when and what to believe when economists take policy positions based on research. Is it biased or science?

Humorous essay. Zero-sum games like income redistribution are more exciting than economic fundamentals like the gains from trade. Why is Economics So Boring? , by Donald Cox. Econlib, November 7, 2005.

Stan: Ollie, you know the worst part about being an economist? You meet someone at a cocktail party, you tell them you teach economics. Ollie: …and they say “Oh, yeah, I took that in college. I hated it. It was sooo boring!”… … getting the credit for Equation 14 is a zero sum game. And we care about zero sum games. There’s drama. There’s tension. There’s a loser for every winner. It makes for good TV, doesn’t it? But it’s not very common in reality. What common in reality is both sides are better off. The buyer and the seller of the car in the ad. That’s reality. No violence, no theft. Boring balloons. Boring happy people. Economics is boring….

Is economics just a fuss about language? The Economy: Metaphors We (Shouldn’t) Live By , by Max Borders.

“Argument is war.” That’s what cognitive linguists George Lakoff and Mark Johnson write in the opening chapter of their influential 1980 Metaphors We Live By. In that seminal book, Lakoff and Johnson offer a number of powerful lessons about figurative language: Metaphor is more than mere literary window dressing; metaphor is a fundamental aspect of human thought and language; and metaphors help us navigate the real world with a degree of efficiency that literal language can’t offer. It can even–for better or worse–change our perceptions of things….

A Little History: Primary Sources and References

Economics is sometimes called catallarchy or catallactics, meaning the science of exchanges. Where did this term first come from? Lecture I, Introductory Lectures on Political Economy , by Richard Whately.

It is with a view to put you on your guard against prejudices thus created, (and you will meet probably with many instances of persons influenced by them,) that I have stated my objections to the name of Political-Economy. It is now, I conceive, too late to think of changing it. A. Smith, indeed, has designated his work a treatise on the “Wealth of Nations;” but this supplies a name only for the subject-matter, not for the science itself. The name I should have preferred as the most descriptive, and on the whole least objectionable, is that of CATALLACTICS, or the “Science of Exchanges.”…

Advanced Resources

Is Economics All About Scarcity? , by Arnold Kling. Blog discussion on EconLog, January 17, 2007.

… I am two-handed on this issue. On the one hand, just because food, say, has become more abundant does not mean that we can ignore scarcity. At any moment in time, for a given state of know-how, the conventional definition of economics as dealing with the allocation of scarce resources among competing ends applies. On the other hand, some of the most interesting economic observations concern relative abundance. Look at our standard of living compared to 100 years ago. Look at South Korea compared with North Korea. Robert Lucas famously said that “The consequences for human welfare involved in questions like these are simply staggering: Once one starts to think about them it is hard to think of anything else.”…

Related Topics

Is Economics a Science? Wellbeing and Welfare Scarcity Incentives Efficiency Cost-Benefit Analysis Division of Labor and Specialization Money Management and Budgeting Productive Resources Property Rights

Transizion

The Admissions Strategist

How to write the “ why this college ” essay: the ultimate guide.

If you apply to Yale University , you’ll be asked, “What is it about Yale that has led you to apply?”

Similarly, Caltech wants to know, “How do you believe Caltech will best fuel your intellectual curiosity and help you meet your goals?”

And if you’re interested in attending Notre Dame , you’ll need to respond to the following: “What excites you about the University of Notre Dame that makes it stand out from other institutions?”

Okay, you get the idea:

These are just a few variations on what we like to call the “Why This College” essay.

  • Most colleges and universities require applicants to answer some form of this question, and it’s one of the most important essays you’ll write.

In this article, we’ll tell you how to rock the “Why This College” essay and increase your chances of acceptance.

Why Do Colleges Ask This Question?

We mentioned above that this is one of the most important essays you’ll write—and that almost every college wants you to write it.

But why? What’s the significance of this question?

In reading your response, colleges are hoping to determine:

  • Whether you truly know and have interest in their school
  • Whether you’ll be a good fit for the school
  • Whether the school is a good fit for you

Are You Interested?

Sure, the fact that you’re filling out the application indicates some level of interest in the school.

  • But many students apply to schools simply because they recognize the name, know the school has a great reputation, or even have been pushed in that direction by friends or family members.

Colleges only accept a limited number of students , and they want to admit students who have a genuine interest in and commitment to their school.

  • Do you know what makes this college stand out from others?
  • Do you know about the opportunities and experiences this school can offer?
  • Are you aware of the school’s values, culture, and traditions?
  • Have you already spent time picturing yourself here? Are you excited about this possibility?

why economics college essay

Click above to watch a video on how to write the Why This College Essay.

As you write this essay, aim to demonstrate your knowledge and enthusiasm for the school in question.

Are You a Good Fit for the School?

As they read your essays, college admissions officers try to picture you on their campus.

  • Will you fit in and thrive there?
  • What contributions will you make to their college and community?
  • Do your interests mesh well with the school’s strengths?
  • Is your personality a good fit for the school’s culture and values?

Help the admissions team imagine you as someone who would happily thrive at their school, making positive contributions to campus.

Is the School a Good Fit for You?

Not only do you need to be a good fit for the school, but the school needs to be a good fit for you as well.

  • What are your academic and career goals? Can this school help you achieve them?
  • Will you be successful at this school? Is the rigor and approach to learning a good fit for you?
  • What academic programs, research or internship opportunities, classes, extracurricular activities, and so on will you take advantage of and participate in?

Show that the school you’re applying to has the resources to help you achieve academic and career success.

How to Recognize the “Why This College” Question

Of course, this essay won’t be labeled “Why This College” on applications. You’ll have to be able to recognize it in a variety of forms.

There are two different angles colleges might use to approach this question: “Why us?” and “Why you?”

  • Why us? Here, you’ll express enthusiasm for the school and its opportunities and culture. What will you get out of attending this school?
  • Why you? In this case, the focus is on the contributions you’ll make to campus and the skills, background, and talents that make you a good fit.

Although these approaches are slightly different, you can include similar information in your answers to both prompt types.

For instance, let’s say you’re really excited about a particular program offered by the university.

  • If the university’s asking, “Why us?” you might focus on what an amazing opportunity participating in this program would be, and why you’re so excited about it. You could explain how the program would help you achieve your future goals.
  • For a “Why you?” essay, you might describe how your background, experiences, and abilities make you a perfect fit for the program. You could also discuss how your future goals make you someone who would benefit from and take advantage of this program.

Let’s take a look at what these two different approaches look like.

Examples of “Why This College?” Prompts

In some cases, the college will literally ask you, “Why [college name here]?” making this prompt very easy to identify.

Alternatively, they might ask you:

  • What do you like best about our university?
  • Why are you interested in our school?
  • Why do you want to go to our college?
  • What aspects of our college most excite you?

Some examples:

  • “Why Brown?” – Brown University
  • “Please tell us what you value most about Columbia and why.” – Columbia University
  • “What are the top five reasons you want to be a Hokie?” – Virginia Tech
  • “Please submit a one page, single-spaced essay that explains why you have chosen Carnegie Mellon and your particular major(s), department(s) or program(s).” – Carnegie Mellon

Examples of “Why You?” Prompts

These prompts focus more on you, asking questions like:

  • What are your interests or goals and how will you pursue them here?
  • What will you contribute to our school?
  • Why are you a good match/good fit for us?
  • What do you want to study and how does this fit well with our programs?
  • “Although you may not yet know what you want to major in, which department or program at MIT appeals to you and why?” – Massachusetts Institute of Technology
  • “How will you explore your intellectual and academic interests at the University of Pennsylvania?” – University of Pennsylvania
  • “Describe how you plan to pursue your academic interests at USC.” – University of Southern California
  • “Please relate your interest in studying at Georgetown University to your goals. How do these thoughts relate to your chosen course of study?” – Georgetown University

No matter how they word it, these schools are asking the classic “Why This College” question.

How to Write an Impressive “Why This College” Essay

The key to a stellar “Why This College” essay is to give specific, precise details about what you and the university can offer to one another.

You also need to convey your enthusiasm and excitement about the college and the unique opportunities available there.

Here’s how:

Do Your Research

First, you need to gather information about your college(s) of choice.

And we’re not talking about the generic info yielded by a two-minute Google search.

This type of research will take some time, but earning an acceptance letter from your dream school will make it worth the effort.

You’re looking for precise details about:

  • Courses and programs
  • Extracurricular and internship opportunities
  • Events and activities
  • Campus culture
  • The latest news about your college and its achievements

How can you find this information?

Use a variety of resources, including:

  • The school’s website and other materials
  • College fairs
  • Campus tours
  • Conversations with current students

Let’s take a closer look at how to take advantage of these sources.

The School’s Website and Other Materials

You can find great information on the university’s website, but try not to pull info from the overview you’ll find on the front page.

Many students might use this technique, so you could end up sounding just like other applicants (which you want to avoid).

Instead, take a deeper dive.

  • Look through the course catalog, go to specific professor’s websites, review the particular programs you’re interested in, and so on.
  • As you do so, be sure to take notes!
  • Also, record your reactions to the information you’re finding—are you especially excited about a certain course? Why?

You can find similar info in the school’s newspaper, alumni magazines, brochures, social media, and more.

Gather as much material published by the school as you can, and take your time combing through it for opportunities that you find particularly exciting.

College Fairs

Visiting college fairs is another effective way to gather information about schools.

In addition to getting brochures and other materials, you can talk to the college reps.

Ask them questions about their university and what makes it unique, then jot down notes so you can include these details in your essay later!

Campus Tours

Mentioning a campus tour you’ve taken demonstrates your genuine interest in the school.

You and your family have made the effort to travel to campus and take a tour—that’s a good sign!

You can also find tons of unique details about the college by visiting campus and taking a tour. As always, be sure to take notes.

  • Are there any buildings that stand out to you? Sculptures?
  • Do you see students doing anything that makes you want to be part of this campus community?
  • Try to sit in on some classes if possible. Write down the course name, the professor’s name, and anything intriguing that you hear or see during the lecture.
  • Talk to students if you can, asking them what they like best about the school or what makes their school different from others.
  • If you go on a tour, write down the name of your tour guide, along with anything surprising or funny that your tour guide says about the school.

Note your overall impressions and anything you see that you especially like, no matter how small. These seemingly insignificant details are what make your essay!

And if you can’t go on a physical tour, try to take a virtual one. Many schools offer virtual tours on their website, or you can search sites like Youtube.

Current Students

As mentioned above, talking to students can give you a perspective you won’t necessarily find online.

  • Is there anyone from your high school that now attends this college?
  • Try contacting them through social media, or see if anyone knows their phone number.
  • College students are often happy to discuss their university with prospective students.

Visiting campus is another way to find students to talk to, and some admissions websites list contact information for students you can email with questions about life at the university.

Get personalized advice!

How to brainstorm the essay.

Once you’ve gathered enough information about your college or university, it’s time to brainstorm !

Sift through all of your research and notes to find 3-5 aspects of the school that appeal to you the most. Make sure these are specific details!

  • Don’t choose broad statements like, “The historic brick buildings on campus are beautiful,” or regurgitate info from the school’s front page, like, “This school is known for its strong engineering curriculum.”
  • Try to focus on what interests you and fits well with your goals and background, as well as on what makes the school stand out from others.
  • Are you excited that your school is near a beach, or that it’s located in Chicago? Lots of schools are located near beaches, and there’s more than one university in Chicago. Dig deeper. What makes this school unlike any other?

Here’s the bottom line:

You need to choose 3-5 details that:

  • Are specific to you (Don’t just praise this school, but explain why this quality is great for you , or how it connects to your background and future goals.)
  • Are specific to the school
  • Make you eager to attend this university (Your interest and enthusiasm should shine through in this essay.)

Here are a few ideas:

  • Talk about how a specific program or opportunity can help you realize your career goals.
  • Does the school have facilities or equipment that you can’t find at many other schools, and that you’re excited to work with? This could include a specialized laboratory, an observatory, a library with rare manuscripts or first editions, etc.
  • Mention a class you find fascinating and can’t wait to take. This is especially effective if you were able to sit in on the class or have spoken to a current student who loves it.
  • Is there a professor you can’t wait to learn from? Maybe his research is related to a science fair project you did in high school, or you’ve already learned a lot just from reading one of his books.
  • Describe an experience you had on the campus tour, or an impactful interaction you had with students or staff.
  • Do you have a unique story about how you became interested in the school? Maybe your family had time to spare on a vacation in the area, and you stopped by and fell in love. Or perhaps your high school attended a competition hosted there.
  • Are you planning to continue work, research, or involvement with an organization from high school? How will you be able to do so at this university?
  • What programs or activities do you plan to get involved with, and what qualities or experiences will you bring them?
  • Are you the perfect match for a research or internship opportunity? Why? Maybe you’ve done relevant academic work, have already worked in this field, have been exposed to it via your parents or another relative, etc.

However, you should avoid focusing on:

  • Sports . Unless you have a unique story about your passion for the sports teams, or you’re planning to be an athlete yourself, try to avoid discussing that you’re a fan of the school’s teams. There’s nothing wrong with this—it’s just an overused topic!
  • Generic praise . Although praise is nice, it’s not what admissions officers want to hear. They want to know how you personally connect with the school.
  • College rankings . Sure, this college might be ranked #3 for happiest students. But it’s probably pretty similar to other schools ranked in the top 10. What makes it different?
  • The beautiful campus . If there’s something specific about the campus that spoke to you, feel free to talk about it. But many, many students write about the gorgeous campus or say, “The moment I stepped on your campus, I knew I was home.” You want to avoid clichés, and the truth is that most college campuses are pretty.
  • Your major . Talk about your major, by all means. But don’t merely focus on why you want to study this major. Focus on why you want to study it at this college .

Try to choose 3-5 details that are unique to this college, specific to you, and super exciting!

Writing the “Why This College” Essay: Do’s and Don’ts

Now that you’ve honed in on 3-5 details, it’s time to write. Be sure to follow the do’s and don’ts below.

  • Be authentic . Mean what you’re saying, and write in your own voice. Believe it or not, insincerity will come through in your essay. When the admissions team reads your essay, they should feel real passion and enthusiasm for their school.
  • Be specific . You’ve probably seen the word “specific,” a lot in this article, and that’s because it’s super important! Specificity shows that you’ve taken the time to do your research and envision yourself at this school, and it’ll ensure that your essay is not like any other. Mention professors, courses, clubs, and other opportunities by name.
  • Mention it if you plan on attending here if admitted . If this is your first choice school and you absolutely plan on attending if admitted, say so. Colleges want to accept students who will accept them in return. But if the school isn’t your first choice, don’t lie.
  • Revise and edit . Check over your spelling, grammar, and word usage. Ask a trusted friend, family member, or teacher to look over your work as well. But keep in mind that no matter how many times you revise your essay or how much advice you get, it still needs to sound like you !
  • Waste space on an introduction and conclusion . You’ll likely have a limited number of words, so don’t bother with an introduction or conclusion. Just jump right into your reasons. Your first paragraph should focus on your main 1-2 reasons, while the next paragraph should go into slightly less detail about the remaining reasons you’ve selected.
  • Recycle the same essay . This essay requires a specific response that is tailored to the college you’ve selected. If you use the same essay for multiple colleges, it will sound generic, boring, and forgettable. Even worse, you might forget to change the school name!
  • Misspell the college’s name . This seems obvious, but many admissions officers have mentioned students misspelling the college’s name in their applications. Double and triple check to ensure all mentions of the school are spelled correctly. The same goes for names of programs, professors, and courses.

Excellent “Why This College?” Examples

Let’s look at a few examples of stellar “Why This College” essays that worked.

These examples come from students who were accepted to Tufts University.

Depending on the word limit for the colleges you’re applying to, yours may be a bit longer.

I spent my Tufts campus visit in a “Sociology of War and Peace” class. The discussion was rich as ideas were tossed back and forth, comparing and contrasting modern warfare in different regions and cultures. The dialogue instantly excited me, but when the students I was sitting with invited me to come to lunch with them, to continue talking about the Middle Eastern conflict, I knew that Tufts was the kind of environment I was looking for: an open community that values dialogue, and a campus with a strong intellectual pulse, even outside of the classroom.

-Jesse Ryan ‘21

Here, Jesse mentions a specific course that he was able to visit during a tour of Tufts. He details the discussion he observed in the class, as well as an interaction that followed with Tufts students.

He then explains why this experience was significant to him personally .

As an artist, I believe that one’s work should reflect the world beyond it. Thus, I’m most attracted to Tufts SMFA’s combination of rigorous artistic study with a challenging liberal arts curriculum at the School of Arts and Sciences. I want to inform my art-making with in-depth exploration of sociology, justice, and international relations, creating works that comment on global issues–a prospect uniquely possible at Tufts SMFA. With numerous opportunities for combining art and community work on campus and in Boston, the SMFA program shows art isn’t only meant for the classroom; it’s meant for the world.

-Isaac Joon-hyuk Choi ‘21

Isaac’s essay starts by explaining his own personal philosophy as an artist.

Next, he reflects on how a specific program at Tufts perfectly complements this philosophy.

His response shows a deep knowledge of the program he’s interested in, and he even discusses how he will use the skills he acquires in this program in his future art-making.

I vividly remember stepping onto the roof of Tisch Library and seeing a group of kids sitting in hammocks, overlooking the Boston skyline. I briefly tuned out my tour guide’s presentation and began to eavesdrop. The students covered everything from physics to what they had for lunch that day. When they spoke about physics, they did not speak with pretension; instead they spoke with passion. Likewise, when they spoke about something as simple as lunch, they did so with witty intrigue. Tufts students are as interesting as they are interested. This description not only resonates with me, it defines me.

-Christopher Sprunt ‘21

Notice that Christopher mentions a school facility by name in his first sentence, also providing a vivid description of a Tufts memory that resonated with him.

In his final sentence, he explains why this experience was personally significant.

Christopher is not only pleased by what he’s seen and heard from Tufts students, but he also feels that his personality is a great fit.

More “Why This College” Essay Examples!

Written by Stanford student:

Name one thing you are looking forward to experiencing at Stanford. (50 word limit) Hikes to the Dish. I imagine I’ll need an occasional break from the rigor of CS221, and I can see this tranquil exercise evolving into a haven for startup nomenclature, debates about Lebron James’s legacy, and convoluted stories involving the giant radio telescope and its potential otherworldly applications.

From an MIT applicant:

Although you may not yet know what you want to major in, which department or program at MIT appeals to you and why? (100 words or fewer) From the first “Hello World!” to recent work with artificial intelligence, I have developed an insatiable appetite for turning lines of code into computer programs with real-world applications. When developing, I often ponder: can machine learning solve all of the world’s problems — technical and humanitarian? Are cryptocurrencies just a fad that will be gone in five years? As the field offers up as many questions as it does answers, I am drawn to  MIT’s Computer Science, Economics and Data Science program, which would enable me to decipher both computer science’s inner workings and its ramifications on the world at large.

Written by a Purdue student:

How will opportunities at Purdue support your interests, both in and out of the classroom? (100 words) I can easily picture myself as a Boilermaker: after spending office hours talking to Dr. Bareinboim about the future of machine learning and causal Bayesian networks, the hoops aficionado in me hurriedly makes his way across Stadium Avenue over to Mackey Complex to partake in the tradition that is Indiana vs. Purdue basketball (where I remind others that we have historically had the better record). All the time, I cannot stop thinking about the BlueSky Pitch Competition, which makes me wonder if I should take a quick Uber over to Discovery Park just to practice one last time…

From a Purdue Honors student:

Explain your vision, ideas, or goals for how you hope to shape your honors experience while at Purdue. Please put this in the context of the four pillars which are the foundation of the Honors College. (300 word maximum) If I had to describe the effect of high school on my personal outlook in one word, it would be open-mindedness. In fact, this transformation can be attributed to the four pillars of the Honors College extending into my high school tenure. At McVay High, I made sure to step out of my comfort zone and take an assortment of humanities classes which piqued my interest in economics. Furthermore, my time at the National Cancer Institute has shown me that computer science and the sciences are not mutually exclusive; in fact, intersections of computer science with other disciplines are the foundation of the next medical breakthrough. Simply being in my diverse community and taking part in various service activities through honor societies has opened my eyes to the disparities that exist within my community, prompting me to become a leader not only to direct projects but also to envision and build new ideas never before implemented. Due to my experiences in high school, I became more open-minded, which meant welcoming new ideas, subjects, and individual perspectives. Thus, as much as I intend to explore the realms of computer science and work primarily for private corporations, I believe that Purdue will once again be another step in my journey that will open my eyes to new avenues. Whether I decide to pursue undergraduate research rather than an internship at a big tech company; start an interdisciplinary academic class that combines computer science and economics; study abroad to build my community and global experiences; or even develop my leadership skills by becoming an executive member of the Association of Multicultural Computer Scientists, I know that because of the four pillars at Purdue — pillars that have guided me my entire life — I will lead a life that is more fulfilling.

A Why Tufts essay by a now-Tufts student:

Which aspects of the Tufts undergraduate experience prompted your application? In short, ‘Why Tufts?’ (100-150 words) The undergraduate experience at Tufts is my ideal ice-cream sundae.  With an emphasis on interdisciplinary learning, I can mesh scoops of political science, community health, and biology, combining disparate perspectives to explore complex healthcare issues. Over this, I will pour indulgent caramel in the form of an internship in Washington, D.C., allowing me to immerse myself in a health policy research project. Next, comes the countless brownie bits of activities, like Tufts’ prestigious Mock Trial Team, the Sarabande Repertory Dance Ensemble, and Hillel.  No sundae is complete without a cherry on top. When I toured Tufts, I was amazed by my guide’s friendly interactions with every individual he encountered. Surrounded by passionate, supportive, and motivated individuals, I know Tufts is the manifestation of my perfect collaborative environment. This positive atmosphere embodies the maraschino cherry on the already overflowing ice-cream heap, ensuring my undergraduate experience satisfies the sweetest of cravings. 

A Why Michigan essay from a now-Wolverine:

Describe the unique qualities that attract you to the specific undergraduate College or School (including preferred admission and dual degree programs) to which you are applying at the University of Michigan. How would that curriculum support your interests? (Required for all applicants – 550 words) During my 3rd-grade class’s wax museum, I dressed up like Mark Zuckerberg, wearing just his typical gray shirt and blue jeans. On long car rides, I listened attentively to my father describe moments from Walter Isaacson’s Steve Jobs , retelling captivating tales of Jobs’ innovation and self-reflection. Ever since I was a kid, I knew I wanted to start my own tech company. Today, you can catch me watching either the hysterical antics of Silicon Valley or soaking in the insightful remarks made by guests on Guy Raz’s How I Built This podcast. At the University of Michigan, I’ll be the kid you see scarfing down a slice of South U’s BBQ Chicken Pizza (or what I like to call the future fuel of my entrepreneurial spirit), loudly chanting “Go Blue!” when we play the Spartans, and taking part in the Ann Arbor Street Art Fair. However, behind the scenes, I’ll be feeding my obsession with building the next unicorn through the College of Engineering’s Center for Entrepreneurship. You’ll find me propelling technological innovation by starting a venture at the TechArb Student Venture Accelerator or helping build companies through the Entrepreneurs Leadership Program. The University of Michigan’s intimate environment of innovation and Italian food is the perfect next step for me. In fact, the University of Michigan’s strong focus on entrepreneurship would enable me to make my technology startup, Big Time Tech, bigger and better. Wolverines place a large emphasis on social entrepreneurship through the Business+Impact program. Given the program’s diverse group of mentors, including the non-profit Board Fellow Program, I would be able to get sound advice crucial to extending the reach of my social venture. In addition, through the Detroit Engagement initiative, I would be able to deploy my product in an area thirsty for the types of opportunities on my platform. Having the ability to minor in entrepreneurship would mean that I could apply the knowledge I learned in classes about venture capital and digital product design to raise money and develop beautiful landing pages for my company, not just finish homework. Finally, on the nights when I will inevitably stay up late, you’ll find me growing my venture in the Innovate Blue Innovation Space. Becoming a Wolverine would allow me the opportunity to better understand the intersections of technology with other academic disciplines. Whether I’m drawing upon my work at the National Cancer Institute to aid in Dr. Honglak Lee’s research on high fidelity video prediction with large neural networks, funding student startups as a partner at Wolverine Venture Fund, or listening to a tech talk at Shapiro Library, the diversity of opportunities will provide a road map of the avenues I can take with technology. Only at the University of Michigan can someone sell a platform as a digital student loan advisor (LoanSense) or turn dorm room ideas and simple news headlines into applications that help researchers find employment (Perch) and detect counterfeit antimalarial medications (Neo Health). I cannot wait to become a Wolverine and join a community that cultivates my entrepreneurial and technological ardor.

An example of Why Columbia?

Please tell us what you value most about Columbia and why. After an hour and a half commute and a quick glance at Tom’s from Seinfeld, we finally made it onto campus. Following our tradition of taking panoramas and making a quick stop at the bookstore, we walked up the steps to Low Library and checked in for our campus tour. A booklet in a newspaper rack caught my eye   The title read “Connecting the Dots – Using Data to Engineer Smarter Urban Spaces.” Throughout high school, I committed myself to find ways to use technology to lessen the disparity that exists among my community’s members, especially as it relates to finding opportunities best suited for their futures. Whether it be through helping others find jobs, internships, or volunteer positions through my app, Rainy Day, or providing a platform to find reliable, free, tutoring help, high school taught me that creating technology could be utilized to help others find and connect with opportunities. As I perused this dense booklet, I began to discover Columbia’s strongest intangible — how the intersection of technology and social good was at the heart of all of its engineering. I had been on numerous college visits before, but while other institutions lined the pages of their advertising materials with “machine learning” and “entrepreneurship,” Columbia’s pamphlet focused on sustainability, secureness, and connectedness. From the  cover story — which discussed how Columbia engineers used data science to map dangerous intersections and other obstacles to traffic flow — to the section on Dion Khodagholy’s work — which outlined how a new class of noninvasive, biocompatible devices could interface with the brain to heal neurological disorders — it was evident that Columbia is a place where technology is used to change the world for good.

Advice From an Outside Expert

Sweet Briar College is a great liberal arts school known for its personalized academics and diverse study opportunities.

The college asks applicants to pen an essay (or similar deliverable) about why they want to attend SBC.

Amy Ostroth, director of communications at Sweet Briar College, gave this advice to students who want to attend the school. You can use her advice for any “Why This College” essay you write:

The best answer is one that is specific to Sweet Briar College. Don’t craft an answer that could be sent to any school on your list, but tell us why Sweet Briar is special. For example, you might describe an interaction you had with a faculty member that stuck with you. Maybe you had a meaningful conversation with a student or attended an interesting class during a campus visit. Perhaps you met an alumna at a college fair who stood out to you. Maybe a member of your family has told you stories about their time at Sweet Briar. In short, describe what was happening when you first thought, “This is the place for me.” Tell us a story that emphasizes what is special about Sweet Briar and what will be most important to you about your college experience.

Conclusion: Writing the “Why This College” Essay

The “Why This College” essay is important because schools want to ensure that you understand what makes their school unique and that you and the school are a great fit for each other.

Although the prompt may be phrased as either “Why you?” or “Why us?” these questions are essentially the same.

  • Either way, you’ll talk about both what the college can offer you and what you can offer the college in your essay.

To really nail this essay, you’ll need to spend a significant amount of time researching the school.

  • Once you’ve compiled notes and research, choose 3-5 details that you personally connect with and that are unique to the university or college.

Finally, you’re ready to write the essay! Jump right in, with no introduction or conclusion, and be authentic and enthusiastic. Revise and edit , and absolutely don’t misspell the name of the college!

Follow these tips, and your “Why This College” essay can help you stand out from the crowd—and earn that acceptance letter you’ve been dreaming of!

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College Admission Essay on Economics

Whenever I think about my childhood, I remember the times when my father would come home after a tiring day at the factory, which he owned. He would sit back near the fireplace and tell me: “My dear son, if you want to be successful, you need two ingredients: strategic thinking and hard work.” These words rang in my ears on the day when my father’s factory was announced bankrupt. I looked at my father who was sitting near the same fireplace and murmuring to himself: “What did I do wrong?!” That was the moment when I felt the urge to work out the system of economic knowledge, find out how not to make the same mistakes my father had done. To put it plain, I wanted to know how money work.

Economics governs our life. Since the time people started communicating, they needed to identify their material needs, find the way to satisfy them and this is how they learned to exchange and bargain the goods in order to get profit and increase their standard of life. So, economics forms the basis for the successful development of the society, assigning definite roles to all the parties in the process of material interaction.

Despite the fact that many people consider economics boring, I am deeply fascinated by the way the life of society is governed by its laws. Although this sphere of human activity is traditionally tightly related to the idea of money and profit, it is not all about material gaining. Understanding the basic principles of economics can help improve the financial climate in society so that everybody benefits from it.

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“Why This College?” Essay Examples

May 17, 2024

As you apply for college, you’ll notice that there are several different essay writing genres you’ll need to familiarize yourself with. There’s the Common App Essay , of course, along with many specific supplemental essays like the Community Essay and the Diversity Essay that will be required by particular schools. In particular, there is the “Why This College?” Essay. The “Why This College?” Essay can be an important component in your college application, as it’s an opportunity for you to describe why you specifically would be a good fit for a particular school. It’s a popular requirement for many colleges and universities and in this article, we’re going to show you a few “Why This College?” Essay examples, and share some tips and tricks for how to write a “Why This College?” Essay.

As you peruse these examples and tips, remember that there’s no one perfect way to write a “Why This College?” Essay. Rather, there are important generic conventions you can work with and build upon to craft an essay that is unique to you as a specific college candidate. Think of a novel. You can expect a novel to have a title and chapters and contain a fictional story. At the same time, novels are written across a plethora of genres, have characters that are as different as Vladomir Harkonnen and Elizabeth Bennet, and can be short reads or thousands of pages long. It’s the same in this case. As you learn how to write a “Why This College?” Essay, you’ll see that some elements of the essay will be fixed, while others will be entirely up to you to create!

What Kind of Prompts Are There for the “Why This College?” Essay?

Many schools require some form of the “Why This College?” Essay for their supplemental application materials, and the prompts can be general or specific.  Take these extra general ones from Yale and Dartmouth , for instance:

  • What is it about Yale that has led you to apply?
  • In short, why Dartmouth?

These open-ended prompts can feel like both a blessing and a curse. Without particular guidelines, you might feel freer to describe your particular fit within a university and it might be easier to brainstorm about the content you’d like to highlight in this essay; however, beware of open prompts: they can make it tempting to veer into generality!

In other instances, the “Why This College?” Essay prompt will be specifically tailored for many schools, and this specificity can be both an advantage and a disadvantage. Take, for instance, these two examples from Northwestern :

  • Community and belonging matter at Northwestern. Tell us about one or more communities, networks, or student groups you see yourself connecting with on campus.
  • Northwestern’s location is special: on the shore of Lake Michigan, steps from downtown Evanston, just a few miles from Chicago. What aspects of our location are most compelling to you, and why? [i]

“Why This College?” Essay Examples (Continued)

The positive side to specific prompts like these is that they’ve given potential applicants a couple of springboards to begin diving from as you write – you can immediately begin detailing your specific interests and likes about Northwestern that make you an ideal candidate for the school. A potential downside is that you’ll honestly need to do research here before you can even begin brainstorming about either of these questions authentically! Specific prompts may also mean that you’ll need to totally start from scratch with each “Why This College?” Essay (for these Northwestern prompts, you certainly couldn’t plug in a different “Why This College?” Essay where you’ve written about your dream of editing for the Harvard Crimson or your hope to network in nearby New York City!).

So, with prompts like these, how to even begin writing a “Why This College?” Essay? Check out our tips and “Why This College?” Essay examples next!

Also, check out our list of college application essay topics to avoid .

Tips on How to Write a “Why This College?” Essay

Regardless of the prompt, your response needs to be specific. This is possibly the most important thing to remember as you learn how to write a “Why This College?” Essay.

First and most importantly of all, focus on fit. Remember that this is your opportunity to showcase why you’re specifically a good match for a college – not why a college is a great general choice for anybody. Ultimately, this is an essay about your potential relationship with a school. If you were writing an epic love poem, you might obsess over your beloved’s hair, eyes, etc. – but obsession isn’t a relationship! On the other hand, if you were asking someone out, you might want to focus, instead, on why you’d have a great time together because it’s more persuasive (and that’s ultimately what you’re trying to do: persuade this school’s admissions committee that you belong there!).

Here are a few tips on specificity that we’ll review below as we analyze a few “Why This College?” Essay examples:

  • Before writing your “Why This College?” Essay, do your research on each school to which you’ll apply. This means finding particular programs of study you’ll pursue, looking up course titles you’d like to take and even professors you’d like to study under. It means researching clubs and extracurriculars you’ll partake in, internship programs you’ll apply for, and details about the school that will further your goals as a student there.

At the beginning of your “Why This College?” Essay, you can include a brief anecdote or bit of personal information that will make your essay stand out. As with any college application essay, this is an opportunity to brag about yourself! For instance, if you’re going to mention a particular club or extracurricular you’d like to join at a university, you can use this anecdote to briefly remind your reader that you were the president of that extracurricular at your high school (especially if that detail doesn’t appear elsewhere in your application materials). NOTE: Including a personal anecdote like this is sometimes dependent upon word length. For longer “Why This College?” Essays, it’s a great choice. For shorter ones, this hook may be a feature you’ll have to reduce or skip altogether.

Don’t linger on the general features of the school, or on school qualities that apply to everyone. Don’t focus on the school’s reputation, rankings, or student-to-professor ratios. The school knows this stuff already! Everybody paints the rock at Northwestern and paints the fence at Carnegie Mellon and these schools’ admissions counselors have read about these sorts of traditions approximately a billion times. Avoid general features and focus, rather, on detailed aspects of the school community that are particularly compelling to you .

Details about campus culture or school location are okay to write about, but remember that you’re not trying to be John Keats here. Don’t just talk about the beauty of the leaves changing in the fall or the way the palm trees sway on the school’s tropical campus. Rather, focus on what the school’s location can do for you as a scholar . Is there something particular about the school’s locale that can further your scholastic goals? Perhaps it’s situated in a region known for a particular area of study, with the best professors in the field nearby (e.g. Silicon Valley for computer science). Or maybe its setting can provide ample internship opportunities for a student with your major (e.g. Washington, D.C. for political science majors).

Edit for details. As you write your thousandth college application essay, it can be so tempting to simply copy-paste and go through the motions of writing unique drafts. While it’s okay to have a little carry-over between essays, it’s essential that you don’t have any major bloopers (like getting the school’s colors or motto wrong) in a “Why This College?” Essay.

Honesty is the best policy! It’s better to write something authentic to you than something you think the school wants to hear. After all, no matter how prestigious a school or program might be, if you can’t think of why you’d fit in there, you may want to reconsider whether a school is meant for you!

“Why This College?” Essay Examples

Below, we’ve included three fictional “Why This College Essay?” examples. The first two are good examples, along with commentary on what makes them strong and what these authors might improve upon to make them even better. The third essay is an exceptionally poor one, designed to help you see common pitfalls within this essay genre so you can think about how to avoid them yourself (or even how to correct mistakes you’ve already made in drafts!). Think of this third, poor essay as a way to test how well you’ve familiarized yourself within the genre.

Good “Why This College?” Essay Example 1:

As current Editor-in-Chief of my school magazine The Clarion , I’d like to pursue a Journalism major at the College of Northeastern Ohio, where I will deepen my experience in writing and design through classes such as “Reporting with Visual Journalism” and “International Writing.” Additionally, CNO’s Amanpour Journalism Project will give me hands-on experience as a journalist working in a newsroom. There, I’ll explore aspects of journalism such as digital storytelling and broadcasting, along with elective courses like “Feature Interviews” and “Documentary Television.”

My love for writing and communication stems from my multilingual upbringing. In high school, I explored Latin America on a study abroad trip to the Dominican Republic, where I relied on my Guatemalan heritage to further my Spanish-speaking skills. Through CNO’s International Language Studies program, I hope to attain a Spanish minor and explore Spanish-speaking countries in their study abroad program while immersing myself in international media.

With the interdisciplinary emphasis at CNO, I’ll additionally have the flexibility to study politics through a Political Science double major. I’ve written many articles on global communication for The Clarion , and I hope to further my writing on political communication with the Amanpour Project’s “Writing in Conflict Zones” class and other interdisciplinary classes with Professor Joan Walters. CNO’s robust communications offerings give me the opportunity to specifically study my interests in writing, politics, and Spanish simultaneously with the resources of multiple departments.

This essay does a great job of both showcasing the writer’s unique experiences and exploring how the college will specifically help her pursue her major and career goals. Additionally, the author has done a dynamite job researching particular classes and programs within the university that she’d like to take, listing several by name and course/program details.

How we might fix it up:

This essay primarily focuses on academics. Since academics are usually the most important reason why you’d want to attend a particular university, this definitely isn’t a major problem! However, the writer could potentially explore other extracurriculars or campus offerings that might make her a great fit for this university.

Good “Why This College?” Essay Example 2:

Data. From our politics to what we binge on Netflix, data collection and information systems have become part of the fabric of our lives. But when we think about sports, we don’t always think about numbers – and I want to do just that. The Massachusetts Institute of Stanford Mellon offers a top-ranked Data Science and Information Systems major, which will provide me with transferable skills that can be applied to my dream career path: sports marketing and data analytics.

I would like to go to a university where I can immediately participate in research. In high school, I created an algorithm that helps me predict how much fans will spend on team gear, based on their previous purchases and levels of engagement with games, betting, and online searching. The MISM Data and Numbers Lab allows undergraduates to access their databases and start conducting research right away (without having to wait until grad school!) and courses like “Analysis of Algorithms” and “Marketing and Numbers” provide the tools to conduct research on issues like sports marketing. At MISM, I hope to study with mentors like Professor Bill Jobs, whose work on information systems and regional spending might facilitate my own independent research. Additionally, MISM has alumni networks that facilitate internship and job placement in both Silicon Valley and with major sporting equipment stores like Rick’s Sporting Depot.

Finally, MISM offers a variety of extracurriculars that I would love to join, particularly the Little Pucks program, which provides community outreach to aspiring hockey players with physical disabilities. Since my sophomore year, I’ve volunteered at our local rec center, volunteering with kids who have special needs and helping them learn about and play sports. As I pursue a career in sports marketing and data analytics, I want to make a positive impact on companies and consumers alike. I’d love to live up to MISM’s motto: “Knowledge for service.”

Again, this writer does a fantastic job showcasing his own strengths and specifically demonstrating how this university has particular offerings (courses, labs, professors, extracurriculars, etc.) that will help him in his chosen major and career path. The generalities of this essay (like the school motto) are also used for a purpose: to illustrate how the writer hopes to use his education to give back to the community.

This is a great draft. To make it even better, we might consider how this essay focuses a lot on what the school can do for the writer. The writer might want to consider: how will I, in turn, contribute more to the campus community?

Poor “Why This College? Essay” Example:

When I took a campus visit at Princevard University last year, I was sure to stop at the Wishing Fountain in the middle of the quad. There, I threw in a penny and recited Princevard’s motto, “Veritas in vota” – “truth in wishes” and made my wish: that I will get accepted into Princevard this fall. I’ve known that I wanted to attend Princevard ever since I was a little boy and found out that my Great Uncle Howie graduated from there in 1965. At Princevard, I would study in their English program so that I could pursue my dream of becoming a novelist and a teacher when I graduate.

Ranked at #7 in the nation, Princevard’s reputation is another reason why I would like to attend; a degree from Princevard will open up doors to jobs and internships that many other schools could never open. Finally, I hope to join one of Princevard’s fraternities because the school offers more Greek organizations than any other university on the East Coast.

Well, it’s a start. If you’ve written a similar draft to this one, which breaks many of our “Why This College?” Essay writing rules, don’t despair! Instead, use this draft as a springboard for your next one.

How we might fix up this essay:

You’re probably familiar enough now with the genre conventions of the “Why This College?” Essay to think of a few reasons why this essay is a poor one. Now, let’s see how we can take even a poor first pass and turn it into a viable essay:

Our main goal with a draft like this is to turn all of this generality into an essay that specifically tells the school why this student would be a good fit there. Hint: avoid the sentiments about ranking and general location!

While this essay begins with a personal anecdote, it doesn’t tell us anything about this particular student. Instead, it focuses on a vague campus tradition. Remember that personal anecdotes serve as an opportunity to hook your reader and tell them something unique and positive about yourself.

There’s not much need to mention that a family member attended a university unless a) you are such a strong legacy there that your name is literally on a building (in which case, you should probably have a donating family member make a call on your behalf to the admissions department) or, b) your family history is somehow relevant to your future career and attendance at that school (e.g. your mother went to law school there and you want to become a lawyer and join her firm). If the latter, be sure you’re using this detail as a vehicle to demonstrate why this university is right for you.

While it’s great to talk about your major and career aspirations, be specific! Most schools have English departments so it’s not super useful to point this generality out. Writing that “Princevard University offers a unique dual English program with concentrations in both Creative Writing and Literary Theory, which would enable to me to pursue an ultimate graduate degree in literary and cultural studies while honing my craft as a novelist,” on the other hand, is a much more useful and detailed statement that demonstrates fit and brags a little about the applicant’s writing aspirations!

Similarly, many universities have Greek life organizations. If you’re going to mention an extracurricular, name which ones and why. Perhaps a particular Greek organization on this campus is affiliated with your major; maybe a chapter is politically motivated with a cause you’ve previously championed; maybe a fraternity is historically associated with your ethnicity or race and you’d love to take part in that community.

Closing Thoughts on the “Why This College?” Essay

As you write a “Why This College?” Essay, remember that this essay is perhaps the first conversation you’ll have about your relationship with a university – a relationship that, if you’re accepted, will be a formative one for the rest of your life. Good luck!

[i] “Completing Your Northwestern Application,” Application Materials: Undergraduate Admissions – Northwestern University, 2024. https://admissions.northwestern.edu/apply/requirements.html

  • College Essay

Jamie Smith

For the past decade, Jamie has taught writing and English literature at several universities, including Boston College, the University of Pittsburgh, and Carnegie Mellon University. She earned a Ph.D. in English from Carnegie Mellon, where she currently teaches courses and conducts research on composition, public writing, and British literature.

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Harvard International Economics

Essay contest (hieec).

HIEEC provides students the opportunity to demonstrate an accomplished level of writing and understanding of economic theory. Through the contest, students hone their academic and professional skills and exhibit their knowledge. 

HIEE C 202 3 -2024

Hieec 2023-2024 is now closed. .

The 2023-2024  Harvard International Economics Essay Contest is sponsored by the Harvard Undergraduate Economics Association (HUEA). This essay competition is open to high school studen ts of any year and is a fantastic opportunity to demonstrat e an accom plished level of writing and understanding of economic the ory. T hrough the contest, student competitors hone their academic and professional skills and exhibit their knowledge to future employers and academic programs. 

Competitors must construct a convincing argument using economic theory and real-world examples. Winning essays will be published on our website  and will be available for the greater Harvard community to read. Essays should focus on argumentation supported with facts and references, although data-based support is also welcome.

Yiheng Lyu​

Audrey Ku k​

Hyoungjin Jin

Juyoung Chun

Kevin Zhang

Matthew Choi

Mikayil Sadikhov

Raunak Agarwal

Vallabh Himakunthala

Highly Commended

Aronima Biswas

Aryan Nangia

Kridaya Gupta

Leonardo Jia

Rohan Mathur

Anagha Chakravarti

Amberlynn Gong

Neha Shanavas

Donghyeon Oh

2023-2024  Essay Questions

Advances in artificial intelligence (AI) have the potential to affect growth, inequality, productivity, innovation, and employment. OpenAI’s ChatGPT, in particular, has greatly increased public awareness about the significance of AI and its implications for the future. What impact will the development of AI have on economic inequality, the composition of the workforce, and economic output as a whole? How can nations prepare for the micro and macroeconomic changes brought about by AI?

Measuring national and global economic activity allows us to understand how economies change in size and structure—how they grow and contract. In addition to Gross Domestic Product (GDP), government budgets, and the money supply, alternatives like the Human Development Index (HDI) and Gross National Income (GNI) are used to assess economic progress. What are the advantages of our current economic indices, including GDP, HDI, GNI, government budgets, and the money supply, and in what areas are they lacking? Which of these indices do you find most helpful, and how can we enhance or combine them to improve our understanding of economic measurement?

Proponents of income redistribution support the idea that redistribution policies will increase economic stability and give more opportunities to the less wealthy. Others, however, are more skeptical and believe it could have negative consequences for economic growth. Current methods of redistribution include taxation, welfare, public services, and other monetary policies. What strategies for income redistribution should the U.S. adopt from other countries? What economic impacts could a wealth tax or super millionaire tax have? What type of redistribution is most effective and feasible? What would be the impacts of the U.S. enacting universal basic income? Discuss the implications of any of these issues and feel free to expand on other areas of economic redistribution.

As the United States weighs the impacts of China’s rise to global prominence, economics and national security have become increasingly intertwined. As a result, the United States government has imposed both tariffs and investment restrictions on China to limit the nation’s access to both US markets and intellectual property (specifically in sensitive industries such as semiconductors). What are the economic implications of these policies for United States firms, consumers, and workers? Discuss the most important perspectives of the US-China trade war and provide suggestions on how both countries can manage the prospect of a changing economic order.

2nd November 2023 – Essay titles released

11:59pm EST 5th January 2024  – Essay submission deadline

Late February 2024*  – Highly Commended and Finalists notified

Early March 2024 * – Winners notified, results published on the website

*We received a high volume of submissions, therefore we anticipate  that it will take us a couple m ore w eeks to release the results. 

Entrants must choose one of the four prompts and write a response to it with a strict limit of 1500 words. Submission must be via the HUEA website and entrants are limited to submitting one essay with only the first submission being considered. Each essay submission will have a $20 reading fee which should be paid upon submission of the essay. If this fee will impose a significant financial burden on your family, please email us. The deadline for submitting the essay is 11:59pm EST January 5th, 2024. ​

Please submit essay submissions via this form.

If the above link does not work, use:  https://forms.gle/9NVDu9WVbU71iPpq6

*Be sure to read all the details in the submission form carefully before submitting, as failure to complete any of the steps correctly may result in your submission not being considered.

The essays will be judged by the board of the HUEA, with the top 10 submissions being adjudicated by the esteemed Harvard professor and 2016 Economics Nobel Prize winner Oliver Hart.

The top three winning essays will be published ( with the author’s permission) on our website. A finalist s list of the top  submissions will be published online and adjudicated by 2016 Economics Nobel Prize Winner Oliver Hart. A list of names that will receive the "Highly Commended" distinction will also be published online​. The judges' decisions are final.

Terms and Conditions

The word limit of 1500 must be strictly adhered to. Any words past the limit will be truncated. This limit excludes references, footnotes, titles, headers and footers.

Essays must be written only by the entrant. Any outside assistance must be declared in the beginning or end of the essay.

Only your first submission will be accepted. Any further submissions will not be read.

References must be included, and any plagiarism will lead to disqualification.

References must be in Chicago or APA format. 

The only accepted document formatting is PDF. Any other format will not be accepted, nor will refunds be given to those who do not follow this rule.

No refunds are granted.

Grades 9-12 are permitted.

The essay must not be entered in any other competition nor be published elsewhere.

No individual feedback of essays will be granted.

The decisions made by HUEA by the final round of adjudication are final.

All winners agree to their names being published on the HUEA website.

Past Winners

2022  prompts an d winners.

In recent years and decades, many countries have seen fertility rates drop, potentially leading to falling populations. Currently, China has a fertility rate of 1.3, one of the lowest in the world. However, in 2021, China experienced GDP growth of 8% with output totaling $17.7 trillion. Will this lowered fertility rate (with potential to fall further) affect China’s economic growth and policy? How so? What, if anything, can the Chinese government do to limit the risk of falling fertility rates?

U.S. mortgage rates recently passed 7%, making the purchase of a new home increasingly unaffordable. Meanwhile, the United States has suffered from a chronic shortage of available housing for decades, particularly in urban areas, leading to what many scholars and advocates call an affordability crisis. Why is housing so unaffordable in the U.S.? What can (or should) be done by private actors, state and local governments, and the federal government to alleviate the affordability crisis?

It is often suggested that a tradeoff exists between economic growth and the health of the environment, especially now as the threat of climate change becomes more dire. What economic risks does a changing climate pose? Can economic growth be consistent with a healthy environment? What policies, either market-based or otherwise, should governments enact to protect the environment while posing the least danger to economic efficiency? 

Central banks such as the Federal Reserve in the U.S. and the Bank of England in the UK manage their nation’s macroeconomies with the goal of ensuring price stability and maximum employment. Globally, inflation rates are rising to levels not seen since the 1980s, particularly in the U.S. and European countries. To what extent should the monetary policies of central banks in various Western countries differ or resemble one another as a reaction to the specific causes of inflation facing their economies?

​ Click below to view each winner's essay

Ashwin t elang  *   nanxi jiang   *   duncan wong, 2019 wi n ner.

https://www.economicsreview.org/post/when-is-one-choice-one-t oo-many

2020 Winners

https://www.economicsreview.org/post/covid-19-and-the-market

https://www.economicsreview.org/post/automation-and-jobs-this-time-is-different

https://www.economicsreview.org/post/making-rational-decisions

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We Tennessee public university presidents all want citizens to get a four-year degree

In the unprecedented "four the future" campaign, tennessee public university leaders joined forces to urge citizens to obtain their four-year degrees..

  • Tennessee's six public university presidents partnered on this guest opinion column essay.
  • They lead Austin Peay, East Tennessee State, MTSU, TSU, Tennessee Tech and the University of Tennessee system.

Recently there’s been increased conversation over the value of a college degree. We, the presidents of Tennessee’s public universities represented by this consortium, are working together to deliver a unified message: Yes, a public university degree is worth it, and it is especially valuable in Tennessee.

Through financial aid and scholarships like Tennessee HOPE , many Tennesseans have access to college free of tuition and mandatory fees. Nearly half of all public university students in Tennessee graduate without debt. A four-year university degree in Tennessee pays higher lifetime wages, about $1.4 million more than high school graduates earn. On an annual basis, typical earnings for bachelor’s degree holders are 84% higher , a $36,000 increase, than those whose highest degree is a high school diploma.

Tennessee is in the top third of states that are actually increasing their number of college students. Enrollment at public universities and community colleges for the fall 2023 semester in Tennessee is up by 2.2% year over year.

This is good news for Tennessee households because a university degree is still the proven path out of poverty for many students. Tennessee’s public universities are engines for upward mobility. Nine of the 10 four-year public universities in Tennessee rank among the top two tiers of Third Way’s five-tier economy mobility scale for graduates.

Why a college degree offers so much value to Tennessee students

More than any other postsecondary path, college delivers connections. Public universities bring people together through campus life, intramurals, sporting events, volunteer opportunities and many other connection points. It’s about the interpersonal and leadership skills you develop in the process – the soft skills that matter so much to employers. It’s about the experience of college.

Also missing from the current debate over the value of college is the community benefit. Our public universities provide tremendous value, even for those who never set foot on campus. From supporting economic development and fueling innovation through research to expanding access to health care, to supporting a vibrant arts community, our public universities make life better for all Tennesseans.

Public university graduates fill areas of need in Tennessee, including nurses, doctors, engineers, educators, small-business owners and other professionals. They help generate innovation and a productive workforce, leading to better business opportunities for local communities and a stronger Tennessee economy. It comes as no surprise to us that, among the CEOs of top Fortune 500 companies, 13 of the top 16 who were educated in the United States received their bachelor’s degree from a public university.

A post-high school education is good for business and economic advancement

As more people and more businesses are moving into Tennessee, we need to keep pace with the new demands of the workforce. More than 70% of Tennessee business leaders agree there is an insufficient supply of appropriately trained workers. We need to grow our own workforce.

This is not just about the prosperity of individual Tennesseans, although that is important.

This is about the economic impact in our communities and increasing business development within companies and organizations. Tennessee’s public universities help fill the state’s critical needs and raise the quality of life for families throughout the state.

It is an unprecedented moment that brings Tennessee’s public universities together like this.

While we have always been student-focused and community-led, we are collectively raising our voices to reinforce the value that our universities add to Tennessee. Our support centers around one key point: A degree from a public university is great for you and for your local community.

Our message isn’t “Go to my university.” Our message is simply “Go.” Go for the connections, the experience and the higher earning potential.

Go to make a difference in the world. Go “ Four the Future .”    

Michael Licari, president of Austin Peay State University (Clarksville)

Brian Noland, president of East Tennessee State University (Johnson City)

Sidney McPhee, president of Middle Tennessee State University (Murfreesboro)                               

Glenda Glover, president of Tennessee State University (Nashville)

Phil Oldham, president of Tennessee Technological University (Cookeville)                         

Randy Boyd, president of the University of Tennessee system encompassing the following institutions:

  • University of Tennessee, Chattanooga 
  • University of Tennessee Health Science Center (Memphis)
  • University of Tennessee, Knoxville
  • University of Tennessee, Martin                                                      
  • University of Tennessee, Southern (Pulaski)

Watch CBS News

How long does it take for a college degree to pay off? For many, it's 5 years or less.

By Aimee Picchi

Edited By Anne Marie Lee

Updated on: May 10, 2024 / 12:43 PM EDT / CBS News

One of the major questions facing families today is whether a college degree is worth the expense, given rising tuition and fees that can saddle graduates with tens of thousands in student loan debt. Today, a majority of Americans don't think the cost can be justified.

But a new analysis finds that most post-secondary degrees provide a payoff within less than five years after graduation for low- and moderate-income students, although that time frame can largely depend on the type of school and program that a student chooses. The analysis, from the HEA Group and the educational nonprofit College Futures Foundation, focuses on graduates in California, the state with the largest number of enrolled college students.

The study examined families earning $75,000 or less given that these students may be more likely to skip higher education due to fears that pursuing a post-secondary degree may not pay off, even though a college degree could help them get an economic foothold. For this group of students, almost 4 of 5 California colleges and other higher education institutions provide a return on investment within five years, the research found.

"The No. 1 deterrent for a student not to pursue a college degree is affordability — they simply think they can't afford the cost of a higher education," HEA Group founder Michael Itzkowitz told CBS MoneyWatch. 

But the study found that many low- and middle-income students are getting "an affordable education that allows for enough of an earnings premium that they can pay down their college education very quickly," he added.

The schools with the best return on investment for low- and middle-income students include many of California's state colleges, which tend to be lower-priced than nonprofit private universities, he noted. Itzkowitz said he believes the findings have applicability across the U.S. because students across the nation likewise have access to state colleges and universities that offer lower-cost degree programs compared with private institutions.

The findings echo recent a recent analysis of 1,500 colleges by Bloomberg News, which found that Ivy League universities like Yale and Harvard provide the best return on investment due to high salaries earned by their grads. But students who don't gain acceptance to one the Ivies are often better off attending state colleges, rather than high-priced private institutions, given that public institutions' lower cost of attendance result in a better return on investment.

Even though many students incur debt when pursuing a college degree, graduates are typically rewarded in the workplace with higher earnings, a benefit that accrues across their career. Despite Americans' increasing skepticism about the value of college, the typical college grad now earns about $60,000 annually, compared with $36,000 for people with only high school degrees, according to data from the New York Federal Reserve Bank.

Over a lifetime, that college wage premium can translate into a huge financial advantage. For instance, baby boomers with bachelor's degrees have median retirement savings of almost $600,000, but those with only a high school diploma have only about $75,000 socked away, a recent study found .

Colleges offering the biggest payoff

To examine a school's return on investment, the analysis looked at data from the U.S. Department of Education's College Scorecard to examine the earnings premium for 731,000 low- and moderate income graduates in California. 

The analysis then looked at the net cost that students pay to complete a degree, which is tuition and other fees minus scholarships and grants, times the number of years required to earn a degree. Comparing the earnings premium that college grads receive versus their net cost of getting their degree indicates how long it takes to get a return on investment.

For instance, the study found the net cost of earning a bachelor's degree at California State University, San Bernardino, stands at about $5,373. But graduates of that university earn about $28,000 more per year than people with only a high school degree. As a result, CSU San Bernardino grads are able to earn a return on their investment after just a few months of graduating — giving it the second-best return on investment among all California schools.

The pricier Stanford University offers the best return on investment, with low- and moderate-income students basically able to recoup their costs as soon as they graduate. That's due partly to the wage premium given to Stanford grads, who typically earn about $74,000 more annually than people with only high school degrees. 

But Stanford, like other top-rated colleges, accepts a smaller share of low- and moderate-income students compared with state schools, the study found. 

"There are many state schools that are often the best option for students to consider," Itzkowitz said. "They oftentimes include in-state tuition, which is much less expensive than out-of-state tuition, and they can offer generous scholarships and provide strong economic opportunities."

Schools with red flags

The analysis also found some red flags, with about 20% of higher education programs providing no ROI. Basically, graduates will never earn enough to offset the cost of attendance, because their earnings are likely to remain lower than those of high school graduates.

These tend to be for-profit schools that offer certificate programs in industries such as cosmetology, the study found. 

Because of these pitfalls, students should research schools and colleges to learn about typical graduates' economic outcomes before committing to a program, Itzkowitz noted. 

"It's critical that students are more discerning than ever, because it's one of the most important decision you'll ever make," he noted. 

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.

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Is college worth it that’s the wrong question.

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Young people today hear over and over again that they need to attend college to be successful. But they also hear student debt has become such a problem that President Biden sees fit to cancel at least $870 billion of it by executive fiat. Unsurprisingly, this creates an apparent paradox: if college is such a good deal, why do so many people have trouble repaying their loans?

As it turns out, the binary framing of the question—"is college worth it?”—is wrong. Students shouldn’t ask if college is worth it. Instead, they should ask when college is worth it.

“College” is not a single pathway. Rather, there are many different paths students can take through higher education, each with their own benefits and risks. Higher education can be a bachelor’s degree, or a two-year degree or trade program. Students can choose from different schools with different levels of cost and quality. They can choose from different majors. Much depends on the particular path each student takes. College could rocket her to the ranks of the one percent—or leave her deep in debt she’ll never repay.

In a new analysis for the Foundation for Research on Equal Opportunity (FREOPP), I use data on over 50,000 degree and certificate programs to assess the financial value of these different pathways. The analysis computes return on investment (ROI) for each degree program. ROI is how much a particular college pathway is expected to boost a student’s lifetime earnings, after accounting for the cost of tuition, the time spent earning the degree, and the risk of dropping out.

The analysis shows that college is a good bet more often than not—69 percent of the programs analyzed have a positive ROI, meaning that the typical student can expect to be better off for having enrolled. But that also means that in 31 percent of programs, the typical student is likely to be worse off. Much of the student debt crisis traces back to those 31 percent of programs that are negative-ROI.

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Fortunately, students have some control over their college fortunes. The analysis demonstrates that certain majors are likelier to pay off. Among four-year degrees, most engineering, computer science, nursing, and economics programs yield an ROI above $500,000—meaning students can expect to boost their net lifetime earnings by over $500,000. Other majors, including business, political science, and mathematics, have more modest but still strong financial returns. But students should be warier of majors like psychology, English, education, and fine arts, where a significant share of programs have a negative ROI.

Students are also likelier to succeed if they make sure they’re prepared to complete college if they enroll and attend a school with a high on-time graduation rate. Starting but not finishing college can be worse than not going to college at all. Students who drop out are responsible for some of the costs of college but usually see little of the earnings increase that graduates enjoy. Dropouts default on their student loans at far higher rates than completers.

Students who don’t want to pursue a four-year degree also have some good options. Vocational programs in the technical trades—such as HVAC technology, auto repair, welding, and so forth—have a higher ROI than the median bachelor’s degree. In addition, a two-year degree in registered nursing has a handsome return. But field of study matters here, too: a two-year degree in liberal arts won’t boost your earnings much.

Of course, society shouldn’t place the burden of securing a good ROI entirely on students. The federal government funds higher education through Pell Grants, student loans, and other subsidies to the tune of $130 billion per year. I estimate that about a third of federal student aid flows to programs with no financial return, fueling political demand for loan cancellation. Uncle Sam should be more careful about which schools he allows access to taxpayer funding, and for which types of degrees.

Other stakeholders, including state governments, trustees, and colleges themselves, should also consider ROI when making decisions. Schools with a high number of negative-ROI programs should make changes to produce more value for students. Lower tuition, better career services, and incentives to boost completion rates are all options to consider. The worst programs should be shut down altogether.

FREOPP has published all its ROI estimates here to help students, parents, and other stakeholders better navigate the college decision. Young people should beware adults who tell them that college always pays off—or that it never does. Instead of asking whether college is worth it, the proper question is how they can make college worth it.

Preston Cooper

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Guest Essay

China’s Dead-End Economy Is Bad News for Everyone

why economics college essay

By Anne Stevenson-Yang

Ms. Stevenson-Yang is a co-founder of J Capital Research and the author of “Wild Ride: A Short History of the Opening and Closing of the Chinese Economy.”

On separate visits to Beijing last month, Secretary of State Antony Blinken and Treasury Secretary Janet Yellen bore a common message : Chinese manufacturing overcapacity is flooding global markets with cheap Chinese exports, distorting world trade and leaving American businesses and workers struggling to compete.

Not surprisingly, China’s leaders did not like what they heard, and they didn’t budge. They can’t. Years of erratic and irresponsible policies, excessive Communist Party control and undelivered promises of reform have created a dead-end Chinese economy of weak domestic consumer demand and slowing growth. The only way that China’s leaders can see to pull themselves out of this hole is to fall back on pumping out exports.

That means a number of things are likely to happen, none of them good. The tide of Chinese exports will continue, tensions with the United States and other trading partners will grow, China’s people will become increasingly unhappy with their gloomy economic prospects and anxious Communist Party leaders will respond with more repression.

The root of the problem is the Communist Party’s excessive control of the economy, but that’s not going to change. It is baked into China’s political system and has only worsened during President Xi Jinping’s decade in power. New strategies for fixing the economy always rely on counterproductive mandates set by the government: Create new companies, build more industrial capacity. The strategy that most economists actually recommend to drive growth — freeing up the private sector and empowering Chinese consumers to spend more — would mean overhauling the way the government works, and that is unacceptable.

The party had a golden opportunity to change in 1989, when the Tiananmen Square protests revealed that the economic reforms that had begun a decade earlier had given rise to a growing private sector and a desire for new freedoms. But to liberalize government institutions in response would have undermined the party’s power. Instead, China’s leaders chose to shoot the protesters, further tighten party control and get hooked on government investment to fuel the economy.

For a long time, no one minded. When economic or social threats reared their heads, like global financial crises in 1997 and 2007, Chinese authorities poured money into industry and the real estate sector to pacify the people. The investment-driven growth felt good, but it was much more than the country could digest and left China’s landscape scarred with empty cities and industrial parks, unfinished bridges to nowhere, abandoned highways and amusement parks, and airports with few flights.

The investment in industrial capacity also generated an explosion in exports as China captured industries previously dominated by foreign manufacturers — mobile phones, television sets, solar panels, lithium-ion batteries and electric vehicles. Much of the Chinese economic “miracle” was powered by American, European and Japanese companies that willingly transferred their technical know-how to their Chinese partners in exchange for what they thought would be access to a permanently growing China market. This decimated manufacturing in the West, even as China protected its own markets. But the West let it slide: The cheap products emanating from China kept U.S. inflation at bay for a generation, and the West clung to the hope that China’s economic expansion would eventually lead to a political liberalization that never came.

To raise money for the government investment binge, Beijing allowed local authorities to collateralize land — all of which is ultimately owned or controlled by the state — and borrow money against it. This was like a drug: Local governments borrowed like crazy, but with no real plan for paying the money back. Now many are so deep in debt that they have been forced to cut basic services like heating, health care for senior citizens and bus routes . Teachers aren’t being paid on time, and salaries for civil servants have been lowered in recent years. Millions of people all over China are paying mortgages on apartments that may never be finished . Start-ups are folding , and few people, it seems, can find jobs.

To boost employment, the party over the past couple of years has been telling local governments to push the establishment of new private businesses, with predictable consequences: In one county in northern China, a village secretary eager to comply with Beijing’s wishes reportedly asked relatives and friends to open fake companies. One villager opened three tofu shops in a week; another person applied for 20 new business licenses.

When mandates like that fail to create jobs, the party monkeys with the employment numbers. When monthly government data revealed last year that 21 percent of Chinese youth in urban areas were unemployed, authorities stopped publishing the figures. It resumed early this year, but with a new methodology for defining unemployment . Presto! The number dropped to 15 percent.

But Mr. Xi’s policy options are dwindling.

With the real estate market imploding, the government can no longer risk goosing the property sector. It has begun touting a revival in domestic consumption , but many Chinese are merely hunkering down and hoarding assets such as gold against an uncertain future. So the government is again falling back on manufacturing, pouring money into industrial capacity in hopes of pushing out more products to keep the economy going. With domestic demand anemic, many of those products have to be exported.

But the era when China was able to take over whole industries without foreign pushback is over. Many countries are now taking steps to protect their markets from Chinese-made goods. Under U.S. pressure, Mexico’s government last month reportedly decided it would not award subsidies to Chinese electric vehicle makers seeking to manufacture in Mexico for export to the U.S. market; the European Union is considering action to prevent Chinese electric vehicles from swamping its market; and the Biden administration has moved to encourage semiconductor manufacturing in the United States and limit Chinese access to chip technologies, and has promised more actions to thwart China.

China won’t be able to innovate its way out of this. Its economic model still largely focuses on cheaply replicating existing technologies, not on the long-term research that results in industry-leading commercial breakthroughs. All that leaves is manufacturing in volume.

China’s leaders will face rising economic pressure to lower the value of the renminbi, which will make Chinese-made goods even cheaper in U.S. dollar terms, further boosting export volume and upsetting trading partners even more. But a devaluation will also make imports of foreign products and raw materials more expensive, squeezing Chinese consumers and businesses while encouraging wealthier people to get their money out of China. The government can’t turn to economic stimulus measures to revive growth — pouring more renminbi into the economy would risk crushing the currency’s value.

All of this means that the “reform and opening” era, which has transformed China and captivated the world since it began in the late 1970s, has ended with a whimper.

Mao Zedong once said that in an uncertain world, the Chinese must “Dig tunnels deep, store grain everywhere and never seek hegemony.” That sort of siege mentality is coming back.

Anne Stevenson-Yang ( @doumenzi ) is a co-founder and the research director of J Capital Research, a stock analysis firm. She spent 25 years in China as an entrepreneur, analyst and trade advocate.

The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips . And here’s our email: [email protected] .

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  3. Why I Majored in Economics

    With course flexibility and a wide variety of electives, you can truly make the major your own. I decided to major in economics because I am passionate about the subject and value the support given by the wonderful advisors, staff, and faculty in the department. My experience as an economics major has been one of growth and excitement.

  4. 7 Reasons Why You Should Study Economics

    Here's a look at seven advantages of studying economics and how it can benefit both your organization and career. 1. You'll Expand Your Vocabulary. Whether it's scarcity (limited resources), opportunity cost (what must be given up to obtain something else), or equilibrium (the price at which demand equals supply), an economics course will ...

  5. Why I Want to Study Economics: [Essay Example], 798 words

    Get custom essay. In conclusion, my desire to study economics is grounded in a passion for understanding the complexities of our world, a commitment to contributing to informed decision-making, and a belief in the transformative potential of economics. It is a journey that promises intellectual growth, a sense of purpose, and the opportunity to ...

  6. Why Economics Major: [Essay Example], 822 words GradesFixer

    Choosing a major is a significant decision that shapes one's academic journey and future career path. In this essay, I will delve into my decision to major in economics, highlighting the motivations, interests, and goals that drive my pursuit of this field of study. By examining the various aspects of economics that intrigue me, I hope to shed ...

  7. Why I Majored in Economics

    Lucie Abele '22 I chose to major in economics, because I enjoy learning about human decision-making and how our decisions directly impact our communities and environment. I also appreciate the extreme versatility within the field. Economics is the perfect crossover of research and analysis with human activity. Economic theory reaches into the fields of both STEM and social science, involving ...

  8. Economics

    Economics is a broad discipline that helps us understand historical trends, interpret today's headlines, and make predictions about the coming years. Economics ranges from the very small to the very large. The study of individual decisions is called microeconomics. The study of the economy as a whole is called macroeconomics.

  9. PDF Writing Economics

    WRITING ASSIGNMENTS IN ECONOMICS 970 In Sophomore Tutorial (Economics 970), you will receive several writing assignments including a term paper, an empirical exercise, short essays, response papers, and possibly a rewrite. Below is a description of these types: • Term Paper (10-15pp.). In all tutorials, you will be required to write a

  10. How to Write a Good Economics Essay: 14 Steps (with Pictures)

    1. Read the question carefully. The first thing to do if you have an economics essay assigned is carefully read and analyse the question. It's essential that you fully understand what you are being asked and keep this in your mind throughout. Pick out the essential point from the question and highlight it.

  11. 8 Economics Essay Examples

    Here are some economics essay examples: Short Essay About Economics. The Role of Fiscal Policy in Economic Stimulus. Fiscal policy plays a crucial role in shaping economic conditions and promoting growth. During periods of economic downturn or recession, governments often resort to fiscal policy measures to stimulate the economy.

  12. 1.1 What Is Economics, and Why Is It Important?

    Our mission is to improve educational access and learning for everyone. OpenStax is part of Rice University, which is a 501 (c) (3) nonprofit. Give today and help us reach more students. Help. OpenStax. This free textbook is an OpenStax resource written to increase student access to high-quality, peer-reviewed learning materials.

  13. How to Write the "Why this Major" College Essay + Examples

    Prompt: If you are applying to the Pratt School of Engineering as a first-year applicant, please discuss why you want to study engineering and why you would like to study at Duke (250 words). One Christmas morning, when I was nine, I opened a snap circuit set from my grandmother. Although I had always loved math and science, I didn't realize my passion for engineering until I spent the rest ...

  14. Why this college essay sample

    Why this college essay sample #2 - Georgia Tech. The second why this college essay sample we are sharing is Why School essay from Georgia Tech. Georgia Tech only requires one supplemental essay and it is a Why This College essay. Let's look at how one student responded to the prompt below.

  15. How to Write the 'Why Major' Yale Essay

    In this article, we discuss strategies to write Yale University 's "Why This Major" supplemental essay. For this essay, applicants must respond to the following prompt: "Students at Yale have time to explore their academic interests before committing to one or more major fields of study. Many students either modify their original ...

  16. Why Economics?

    GradeSaver provides access to 2360 study guide PDFs and quizzes, 11007 literature essays, 2767 sample college application essays, 926 lesson plans, and ad-free surfing in this premium content, "Members Only" section of the site! Membership includes a 10% discount on all editing orders.

  17. Why I Want to Study Economics at the University of Virginia

    Why I Want to Study Economics at the University of Virginia. In this admissions essay, a student explains how his life in Pakistan sparked his interest in study economics. The student discusses why he is interested in furthering his education at the University of Virginia. This essay received a C by one of Kibin's paper graders.

  18. Why Major Essay |Why This Major Essay Example

    The why major essay examples in this guide come from UT Austin, USC, Cornell, Georgia Tech, and Pomona College. In addition to these schools, many other colleges also have a why major essay. Some of these include Yale University, University of Pennsylvania, Emory University, University of Michigan, and Rice University.

  19. What Is Economics?

    Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing. Thus it is on the one side a study of wealth; and on the other, and more important side, a part ...

  20. How to Write the "Why This College" Essay (With Examples!)

    The "Why This College" essay is a prompt almost every college applicant will address. This guide has examples & will help you write the essay with success. Services. ... Economics and Data Science program, which would enable me to decipher both computer science's inner workings and its ramifications on the world at large. Written by a Purdue ...

  21. Why This College Essay Guide + Examples

    The Top Secret Three-Word Trick to Finding Specific Info for Your "Why this College" Essay. Step 2: Organize Your Research. Step 3: Decide on Your Approach: Approach #1: The Basic, Solid "Why this College" Essay That Includes a Bunch of Reasons. Approach #2: The "3-5 Unique Reasons" Strategy. Approach #3: The "One Value" Strategy.

  22. College Admission Essay on Economics

    This essay intro has been used by many students, but we can write you a perfect new one! Order Here! Get 5% off now and 10% back after your first order is ready. I want a discount. 15% OFF. This sample admission essay was written to showcase the motivation of a student and increase his chances to enter the economics program of his choice.

  23. "Why This College?" Essay Examples

    As you apply for college, you'll notice that there are several different essay writing genres you'll need to familiarize yourself with. There's the Common App Essay, of course, along with many specific supplemental essays like the Community Essay and the Diversity Essay that will be required by particular schools. In particular, there is the "Why This College?"

  24. Essay Contest

    HIEEC 2023-2024 is now closed. The 2023-2024 Harvard International Economics Essay Contest is sponsored by the Harvard Undergraduate Economics Association (HUEA). This essay competition is open to high school students of any year and is a fantastic opportunity to demonstrate an accomplished level of writing and understanding of economic theory.

  25. College education: Why a four-year degree is key to future success

    Why a college degree offers so much value to Tennessee students. More than any other postsecondary path, college delivers connections. Public universities bring people together through campus life ...

  26. How long does it take for a college degree to pay off? For many, it's 5

    Colleges offering the biggest payoff. To examine a school's return on investment, the analysis looked at data from the U.S. Department of Education's College Scorecard to examine the earnings ...

  27. Is College Worth It? That's The Wrong Question

    Some college degrees are likely to make you rich. Others aren't worth the paper they're printed on. ... nursing, and economics programs yield an ROI above $500,000—meaning students can expect to ...

  28. Trump Leads in 5 Key States, as Young and Nonwhite Voters Express

    Donald J. Trump leads President Biden in five crucial battleground states, a new set of polls shows, as a yearning for change and discontent over the economy and the war in Gaza among young, Black ...

  29. Opinion

    When economic or social threats reared their heads, like global financial crises in 1997 and 2007, Chinese authorities poured money into industry and the real estate sector to pacify the people.

  30. Weekly Briefing: Students aren't reading. Why?

    But that question is misguided, argues Phillip Levine and Luke Pardue in this Review essay. They write that college, like any investment, has benefits and costs. The wage difference between ...