The past decade has seen a number of economic blunders committed by the governments in North America and Europe. While that has resulted in recession in many parts of the world, one good thing to come out of this whole mess is that Economics as a subject is once again becoming popular among college kids. Economic majors are highly sought after by multinational corporations as well as government institutions to serve as economists and policy analysts. This role will help you influence crucial business decisions that will impact the company or the country you work for as a whole.
If you are someone looking at Economics as an area of study, these are the top three universities that you should be striving to get admitted in:
According to the college reviews report for 2013 published by the USNews publication, the Harvard University is the best place to specialize in a number of areas in Economics including Development Economics, International Economics and Labor Economics. It is not hard to see why. The Harvard Economics department is home to over 55 faculty members that includes three Nobel Prize winners and five MacArthur Genius award recipients. The Economics department of Harvard is also the biggest
Massachusetts Institute of Technology:
The MIT is one of the most popular institutes in the United States for Economics. Over half of the nearly 150 undergraduates majoring in Economics at MIT are from outside the United States. The Department takes in over 2000 students every year for courses. As a department that has existed for over a century, the MIT Economics division has served as the alumnus to a number of highly distinguished people including Christina Romer, former chairwoman of the Economic Advisers in the Obama administration, Robert Merton, the 1997 winner of the Nobel Prize for Economics and Ben Bernanke, the current chairman of the US Federal Reserve.
London School Of Economics:
This is one of the world’s foremost universities specializing in Economics. This is also one of the most selective universities in the United Kingdom with arguably the lowest admissions rate in the country.The university has over 9000 full-time students and the distinguished alumnus of the university include 16 Nobel Prize winners, 34 world leaders and multiple winners of the Pulitzer Prize. The institution boasts of 16 research centers and their library with over 4.7 million volumes is the world’s largest social and political sciences library.