• brendansimms@lemmy.world
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    11 hours ago

    No not my major - my experience was just econ 101 but I like reading about economics in my free time, and it seemed like econ 101 at my US university should have been called Capitalism 101. My comment was moreso to see if that changes at later stages in the economics-major program.

    • TheReanuKeeves@lemmy.world
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      10 hours ago

      It’s the same with History class in high school, they’re going to teach you more about your country than others until you dive deeper academically because the base knowledge they want to teach is stuff that would be relevant to you. I didn’t major in econ but it was mandatory all 4 years. Once you get into macroeconomics they start discussing international econ more.

      There seems to be some huge misconception that economics is what causes problems when economics is actually the diagnostic tool to explain what’s going on. The same backwards logic as people who think the inflation rate is set by a government or bank and controls how much prices should go up as opposed to a number calculated based on how much prices have gone up.