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I know little to nothing about Econ but I wouldn’t be surprised if many professors frowned upon the phrase “economics is the study wealth”. It is currency focused but from my brief introduction to the material, I would argue economics is the study of choice at a small and large scale
Agreed. The study of how to make money, or how to maximize profits, wealth, etc. would be studying business science, or something similar. Economics as a field of study has a different main area of focus
@@TheRishijoesanu chicago is big in academic economics, which is becoming more and more discredited due to empircal evidence and current events. I mean the rise of china is a major ideological hit to liberal economics and especially the Chicago school. The economics nobel is an echo chamber for economics departments. Its losing prestige every year. Traditional economics is so basic in its philosophy. Its almost comical. The crudest form of utilitarianism. Lacks sophistication and pretends to be profound by cloaking its silly assumptions in mathematical equations.
Lol UChicago has an entire school of thought named after its economics department let alone the most Nobel prizes by far (Uchicago had THREE Nobel econ winners in the last FIVE Years). It had two of the arguably most famous economists in the entire human history (along with Keynes), Milton Friedman and Friedrich Hayek, study/teach there. If you know remotely anything about economics you'll know UChicago is unparalleled. After that it's the "saltwater" schools of Harvard and MIT. Berkeley is doing interesting stuff and Stanford has been poaching people. Columbia is a tier below any of these schools. They should replace Columbia with Princeton. This list is quite badly uninformed... so much for Harvard students making it.
ummmm UChicago has 6 nobel laureates in economics currently serving as faculty (more than any university in the world) with one of them being Eugene Fama, the "father of modern finance" other being Richard Thaler "father of behavioral science" literally founders of entire fields of thought. Chicago also has famous economists like Steven Levitt author of Freaknomics and former central bankers like Raghuram Rajan. UChicago is every bit as prestigious as any of the schools you mentioned with the most official nobel prize winners among US universities. it would be a dream for any econ student to study/teach there
did you read my comment? it's not just past history - 3 Nobel Laureates in the past five years. Last year's Nobel Laureate Richard Thaler of UChicago is the founding father of behavioral economics, one of the hottest/newest field in economics right now
How about Wharton School of UPenn? I thought it's great in the realm of business study not economics per se. Although your claim is commendable on UChicago but John Maynard Keynes had never been a student or faculty member of the institution. His works might have influenced the school of taught there esp. Keynesian view.
I think Crimson Edu mixed up between school of business and school of econ. For us in third world economies such distinction is important for the recommendation seeking when applying for scholarship
For a cheaper education you can rather choose studying in the United Kingdom, best UK's economics schools are public, e.g. Oxford, Cambridge, Imperial College, London School of Economics. But if you are interested in the US you can go for an scholarship or an academic loan.
Economics can be viewed in two types - one involving finance - treasury, bonds, funds, stocks/wall street etc. Clearly Wharton would be #1. Other type is more at national or international state affair and U Chicago would be #1 in that!
Is Wharton university have online bachelor degree programs? Are these Universities have availability as the online studying option? Please let us know! Thanks!
I am a PhD economist who has worked in the field for 20 years. Rankings would depend on the BRANCH of economics - and include your range of uncertainty. For example, the New School (New York) is a top one for economic history. UT-Austin for trade integration and border economics. Ann Harbor for institutional economics. Sub-discuples include labour, trade, micro, macro, quant, inl, govt/public, history, growth-innovation, business, finance, and about 10 XXX-and-economics (like econ. anthropology, econ. sociology,etc). Moreover, any real ranking would include confidence intervals around rankings. With these two asjustments - it could be a useful ranking! Thanks for your effort!
Economics is not a study of how people make money. It is a social science that seeks to explain how scarce resources are allocated, the choices people make given constraints and so on.
A good bill for our U.S. Congressman or Senator to introduce to Congress is an Amendment to the Constitution outlawing homeowner property tax and the land that it's on. Municipalitys already collect business property tax, permits, and also get revenue from state and federal. The Amendment would state: "If necessary, the municipality may levy a retail sales tax in their district up to, but no more than 2 cents on the dollar, and be prohibited from transferring or re-allocating previous taxes to another entity". Another bill for Congress is for Uncle Sam to award all employers, employees, self employed, government employees and military personnel between $400,000 and $3million in a lump sum after 120 months of full time work, part time work included in the total, regardless of number of employers worked for, for the citizens or perminant residents business start up or already existing business. The citizen must spend at least 65% of funds allotted on their business or business related items. The amount issued is determined by the size and scope of the business, education and work experience. This is a Grant, not a loan. Another equitable bill for Congress and the President is to mandate U.S. Banks to pay their depositers at least 85% of all interest collected, because it was the depositers money that got loaned out to begin with. Also all accounts need to be adjusted by the Federal Reserve Bank according to the inflation rate put out by the U.S. Department of Labor every quarter and every year. Another necessary bill is to limit total taxation of 10% combined of federal, state, and local taxes, including federal income tax, state sales tax and toll roads. Social Security will be excluded and remain at 6.2% and 1.45% Medicaid. The printing and issuance of money is validated by any legitimate labor and production for society. Taxation is only used for specific items, such as purchase of the finished product, pensions and welfare. For most of the 1800's in America, there was no federal income tax and no state sales tax. Currently there are 5 states with no state sales tax.
A great Bill to write our U.S. Congressman or Senator is a limitation on total taxation of the citizen to 10% excluding social security and unemployment. No more than 4% federal income tax on taxable income. No more than 3% state sales tax and/or state income tax. No more than 3% local taxes city/county combined. Homeowner property tax and the land it's on outlawed. The taxes will pay for post production such as pensions , social security and welfare. Also a Bill to award all citizens, perminant residents, native American Indians, and people here in the U.S. on work visa's between $250,000 and $2.5 million in a lump sum anytime after 100 months of full time work, part time and volunteer work included in the sum total, for the citizens business start up, whether collecting social security or not. The dollar amount issued will be determined by the size and scope of the business, work experience and amount of education. The citizen or resident must spend at least 25% of funds awarded on their business or business related items. The printing and issuance of money is validated by any legitimate labor, production, goods and services for society. Also in the Bill, a mandate on U.S. Banks to pay their depositers at least 85% of all interest collected, according to the average monthly or quarterly account balance, because it is the depositers money that was loaned out to begin with. In another Bill, an installation of price regulations on the medical industry, resulting in a 80% to 99% price reduction and decrease in healthcare costs across the board. All surgical and non- surgical procedures, x-rays, medicines, dental, ambulance services, and daily charge of the hospital room. Only participating hospitals and doctors offices will be permitted to use the Medicaid or Medicare card. Now the taxpayer can afford to pay 100% of everyone's medical bills, and all citizen and residents can have a Medicaid card.
How is Yale not in the list? It was one of the top 10 in the world ranking surpassing the LSE altogether. I have no idea UC Berkeley is that great, but it won't be the same stature as Ivies or renown schools in the States e.g Stanford, MIT.
We are talking here about a certain study not a whole ranking. Different schools have certain strength and weakness. As an example that Harvard did not end at the top 5 engineering school while UC Berkeley is part of it.
Daisy Alvarez (in my terms) economics mainly revolves around the study of how money is affected by economic units (households firms and government to keep it simple) and how it circulates through an economy or other economies. Economics is a huge field, it really depends on which sub field one focuses on (it can be econometrics, labor economics, microeconomics - understanding consumer behavior, and macroeconomics - aggregate demand, fiscal policies, unemployment etc). You can work at a bank, in private sectors such as firms, be a financial analyst/accountant (given that you take some exams) an academic, etc.
For you to say University of Chicago is not in the same class shows your ignorance. it has at times been the number 4 ranked University in the country... . Law school is the third or fourth best, while the school of economics is easily number one...
University of Chicago is not in the same class or Tier? That's funny... University of Chicago is where the atom was split and nuclear energy learned to be harnessed... home to more physics and econ Nobel laureates than Harvard Princeton and Yale combined
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Want to go to one of the world's best economics schools? Crimson Education can help. Visit Crimson for a free education assessment at community.crimsoneducation.org/crimson_youtube/ - Crimson is the world leader in global admissions consulting.
Economics is NOT the study of making money. You should know what economics is before you make a video about it :)
I think They are closely related. It's the study of how people behave based on their motivation.
Economics is the study of how we efficiently utilize the scarce resources to satisfy our infinite wants in the best way possible.
Isn't economic used to deal with scarcity? I haven't studied it but I'm curious about economy.
lmao aj r u dumb?
Actually in a way it is because money is resources that everyone needs to manage and economics is all about management of resources.
University Chicago is the best economics institution in the world. More economics Nobel than any institution in the world
7. Columbia
6. UChicago
5. UC Berkeley
4. Stanford
3. Wharton (UPenn)
2. MIT
1. Harvard
Thank me later.
Do u know if one of these schools is public? (I'm from Brazil)
@@marinacordeiro4370 UC Berkeley é pública, o resto é particular.
@@thiagogregory1 valeuuu
It’s mind-boggling how well-rounded UC Berkeley is. From Stem to the humanities.
wth man, economics is about a lot more than wealth
I know little to nothing about Econ but I wouldn’t be surprised if many professors frowned upon the phrase “economics is the study wealth”. It is currency focused but from my brief introduction to the material, I would argue economics is the study of choice at a small and large scale
Correct. Is about studying how we accommodate resources, our choices.
Agreed. The study of how to make money, or how to maximize profits, wealth, etc. would be studying business science, or something similar.
Economics as a field of study has a different main area of focus
It's not currency focused
Economics is more about how to make the most use out of limited resources
textbook definition 😬
How is U Chicago not #1 lmao
Can't agree more! UChicago should be #1
Lol... maybe because the kind of economics they do got discredited due to multiple financial crises and the great recession
Yep University of Chicago is easily the best economics school in the world.
@@SiRasputin BS. Chicago still continues to produce Nobel winners. It's very obvious that you're bot familiar with academic economics
@@TheRishijoesanu chicago is big in academic economics, which is becoming more and more discredited due to empircal evidence and current events. I mean the rise of china is a major ideological hit to liberal economics and especially the Chicago school. The economics nobel is an echo chamber for economics departments. Its losing prestige every year.
Traditional economics is so basic in its philosophy. Its almost comical. The crudest form of utilitarianism. Lacks sophistication and pretends to be profound by cloaking its silly assumptions in mathematical equations.
Lol UChicago has an entire school of thought named after its economics department let alone the most Nobel prizes by far (Uchicago had THREE Nobel econ winners in the last FIVE Years). It had two of the arguably most famous economists in the entire human history (along with Keynes), Milton Friedman and Friedrich Hayek, study/teach there. If you know remotely anything about economics you'll know UChicago is unparalleled. After that it's the "saltwater" schools of Harvard and MIT. Berkeley is doing interesting stuff and Stanford has been poaching people. Columbia is a tier below any of these schools. They should replace Columbia with Princeton. This list is quite badly uninformed... so much for Harvard students making it.
Columbia is more prestigious than UChicago. Harvard, Stanford and MIT have the best economics faculty members.
ummmm UChicago has 6 nobel laureates in economics currently serving as faculty (more than any university in the world) with one of them being Eugene Fama, the "father of modern finance" other being Richard Thaler "father of behavioral science" literally founders of entire fields of thought. Chicago also has famous economists like Steven Levitt author of Freaknomics and former central bankers like Raghuram Rajan. UChicago is every bit as prestigious as any of the schools you mentioned with the most official nobel prize winners among US universities. it would be a dream for any econ student to study/teach there
did you read my comment? it's not just past history - 3 Nobel Laureates in the past five years. Last year's Nobel Laureate Richard Thaler of UChicago is the founding father of behavioral economics, one of the hottest/newest field in economics right now
How about Wharton School of UPenn? I thought it's great in the realm of business study not economics per se. Although your claim is commendable on UChicago but John Maynard Keynes had never been a student or faculty member of the institution. His works might have influenced the school of taught there esp. Keynesian view.
wedge tail don’t take it personal plzzzzzzz
I think Crimson Edu mixed up between school of business and school of econ. For us in third world economies such distinction is important for the recommendation seeking when applying for scholarship
For a cheaper education you can rather choose studying in the United Kingdom, best UK's economics schools are public, e.g. Oxford, Cambridge, Imperial College, London School of Economics. But if you are interested in the US you can go for an scholarship or an academic loan.
there’s no such thing as school of econ in us
Frankly speaking, in this video University of Chicago should be in the first place in this page!
You see hsrvard has more sane minds than chicago
The answer is UCHICAGO is number one. this is like legit a terrible ranking.
Agreed.
how is chicago number 6?
UChicago should be at #1 , no brainer
WHAAAT?? CHICAGO #1
Great video do one for schools of public health :)
if you want to earn money- choose finance or business schools. Beware, economics will not make you rich.
Just got my GRE pritty good. Will complete 4 yes economic from UCL, UK. Looking for 2 yes masters program in economics major in quantitative
Best schools for Political Science.
Economics can be viewed in two types - one involving finance - treasury, bonds, funds, stocks/wall street etc. Clearly Wharton would be #1. Other type is more at national or international state affair and U Chicago would be #1 in that!
so based on the review uchicago sounds good in academic sense, but do you think it's wise for me to not go there bc chicago is pretty dangerous
@@jarenventures The school campus should be fine. My son is at Wharton and his close friend is at UChicago 😄
@@falgunpatil2372 oh is it safe to go out at night?? and congrats to your son. I hope i get into my dream school.
@@jarenventures Generally not a good idea to go out at night time for any college closer to downtown
For finance research Booth > Wharton
Leme save u time.
Harvard
MIT
UPenn (Wharton)
Stanford
UCB
UChi
Columbia
yale ?
What about Princeton?
Please do top AI Schools in the US, your future startup speeds on it
what about Yale
Why top 7? Such a random number
Best schools for architecture??
U Chicago is obviously number 1
Is Wharton university have online bachelor degree programs?
Are these Universities have availability as the online studying option?
Please let us know! Thanks!
Please do top colleges for physcis
political science!!!
I am a PhD economist who has worked in the field for 20 years.
Rankings would depend on the BRANCH of economics - and include your range of uncertainty.
For example, the New School (New York) is a top one for economic history. UT-Austin for trade integration and border economics. Ann Harbor for institutional economics.
Sub-discuples include labour, trade, micro, macro, quant, inl, govt/public, history, growth-innovation, business, finance, and about 10 XXX-and-economics (like econ. anthropology, econ. sociology,etc).
Moreover, any real ranking would include confidence intervals around rankings.
With these two asjustments - it could be a useful ranking! Thanks for your effort!
Economics is not a study of how people make money. It is a social science that seeks to explain how scarce resources are allocated, the choices people make given constraints and so on.
do one for computer science
Is economics in US colleges more mathematical or theoretical?
mathematical
Your choice but if you go to these top schools then it’s more mathematical.
Do med schools
Do Best Medical Schools! :)
Agreed
I’m applying to Stanford, Columbia, UPenn, and Harvard for economics 🤞🏼🥺💗. All I can do is trust God.
I hope all goes well for you👏🙏
@@umutbulut7805 ty I’ll update in April
@@Moll662 update plz
@@sawsy3863 REJECTED from all 😭😭🤣 I’m heart broken waitlist at 5 other schools so college is uncertain rn
@@Moll662 Damn... Hopefully a waitlist will pull through.
Hello, thank you for this video. Would you be able to do one on the top journalism schools?
I have noticed that in the US, Economics is offered as Bsc or BA. Is there a reason for this? In my country it's mostly offered as a BCom Degree.
BSc Econ is heavily math oriented, while BA offers less math courses compared to BSc.
Which school at harvard we goona get degree at economics for postgraduate. I mean like Harvard Business School, Harvard Medical School
Economics is the study of how money goes around 🤦♂️
does harvard offer masters degree in ecnomics
Where is Yale?
New Haven!
what about cornell?
When do you visit Runcorn WA7
University of Chicago #6 is wrong...should be #2/#3
Chicago should be #1. More economics Nobel than Harvard and MIT combined
Are all these universities also offering mphil economics?
Can someone tell among all which universities provide assistantship since I can't afford ? :x
I think UChicago, but I'm not sure
What about Minnesota? We’re in general not as fancy, but we’re responsible for modern macro.
George Mason didn't make the list?
Wharton over Chicago, Berkeley, and Stanford for economics? This ranking is bs lol.
A good bill for our U.S. Congressman or Senator to introduce to Congress is an Amendment to the Constitution outlawing homeowner property tax and the land that it's on. Municipalitys already collect business property tax, permits, and also get revenue from state and federal. The Amendment would state: "If necessary, the municipality may levy a retail sales tax in their district up to, but no more than 2 cents on the dollar, and be prohibited from transferring or re-allocating previous taxes to another entity". Another bill for Congress is for Uncle Sam to award all employers, employees, self employed, government employees and military personnel between $400,000 and $3million in a lump sum after 120 months of full time work, part time work included in the total, regardless of number of employers worked for, for the citizens or perminant residents business start up or already existing business. The citizen must spend at least 65% of funds allotted on their business or business related items. The amount issued is determined by the size and scope of the business, education and work experience. This is a Grant, not a loan. Another equitable bill for Congress and the President is to mandate U.S. Banks to pay their depositers at least 85% of all interest collected, because it was the depositers money that got loaned out to begin with. Also all accounts need to be adjusted by the Federal Reserve Bank according to the inflation rate put out by the U.S. Department of Labor every quarter and every year. Another necessary bill is to limit total taxation of 10% combined of federal, state, and local taxes, including federal income tax, state sales tax and toll roads. Social Security will be excluded and remain at 6.2% and 1.45% Medicaid. The printing and issuance of money is validated by any legitimate labor and production for society. Taxation is only used for specific items, such as purchase of the finished product, pensions and welfare. For most of the 1800's in America, there was no federal income tax and no state sales tax. Currently there are 5 states with no state sales tax.
can you guy do the top 10 Med school in the world please ?
Is one of these universities public?
A great Bill to write our U.S. Congressman or Senator is a limitation on total taxation of the citizen to 10% excluding social security and unemployment. No more than 4% federal income tax on taxable income. No more than 3% state sales tax and/or state income tax. No more than 3% local taxes city/county combined. Homeowner property tax and the land it's on outlawed. The taxes will pay for post production such as pensions , social security and welfare. Also a Bill to award all citizens, perminant residents, native American Indians, and people here in the U.S. on work visa's between $250,000 and $2.5 million in a lump sum anytime after 100 months of full time work, part time and volunteer work included in the sum total, for the citizens business start up, whether collecting social security or not. The dollar amount issued will be determined by the size and scope of the business, work experience and amount of education. The citizen or resident must spend at least 25% of funds awarded on their business or business related items. The printing and issuance of money is validated by any legitimate labor, production, goods and services for society. Also in the Bill, a mandate on U.S. Banks to pay their depositers at least 85% of all interest collected, according to the average monthly or quarterly account balance, because it is the depositers money that was loaned out to begin with. In another Bill, an installation of price regulations on the medical industry, resulting in a 80% to 99% price reduction and decrease in healthcare costs across the board. All surgical and non- surgical procedures, x-rays, medicines, dental, ambulance services, and daily charge of the hospital room. Only participating hospitals and doctors offices will be permitted to use the Medicaid or Medicare card. Now the taxpayer can afford to pay 100% of everyone's medical bills, and all citizen and residents can have a Medicaid card.
Where is princeton?
So basically, you you’re not going to a top Econ school
Please do top 7 econ schools outside US
it's similar things
Do masters of economic graduates get placed with good packages?
no
princeton, yale ?
@Tom Moya in which university you are?
and whats rookie?😅
Can you please do the best schools for science?
MIT/CALTECH and STANFORD
Nothing else
How is Yale not in the list? It was one of the top 10 in the world ranking surpassing the LSE altogether. I have no idea UC Berkeley is that great, but it won't be the same stature as Ivies or renown schools in the States e.g Stanford, MIT.
We are talking here about a certain study not a whole ranking. Different schools have certain strength and weakness. As an example that Harvard did not end at the top 5 engineering school while UC Berkeley is part of it.
where's yale and princeton? wharton is good at business but not economics.
Can you please do tge best journalism and film schools please?
Am I the only one that doesn’t really know what economics is and what job you can get majoring in it
Daisy Alvarez (in my terms) economics mainly revolves around the study of how money is affected by economic units (households firms and government to keep it simple) and how it circulates through an economy or other economies. Economics is a huge field, it really depends on which sub field one focuses on (it can be econometrics, labor economics, microeconomics - understanding consumer behavior, and macroeconomics - aggregate demand, fiscal policies, unemployment etc). You can work at a bank, in private sectors such as firms, be a financial analyst/accountant (given that you take some exams) an academic, etc.
Bossnian lowkey sounds boring ngl, but thank you for the explanation!
Do you evaluate top art schools?
#1 Williams college, #2 Amherst College,
Yeah again all the ways finally come to Harvard
SUPER...
UCSD is climbing
Nice
but that you have to pay for education is unacceptable
Top schools for bioengineering
No WashU? Smh
Minsky is rolling in his grave.
it's good
Can i get a job withMA ineconomics in university of california Berkeley. Please reply now
Yale was robbed!
This is all wrong, none of these schools compare to Boston university
first
Columbia is no way #7.
Economics is Social Science......not business
Yale, Princeton, Michigan, Brown, Wisconsin? WTF
NYU Stern?!
just cuz u go to that school doesnt mean its good. lol.
@Jolly Holly Just because you make mean comments over the internet, doesn't make you look smart. lol.
Leaving princeton off this list is a crime.
Omg, such a misleading video about economics, it should be taken out not to confuse people.
When it comes to ECONOMICS, PRINCETON should be ranked #1.
cringiest intro ever
Harvard, Stanford, MIT, Princeton, Columbia and Yale are the best universities in the nation. UChicago and Berkeley are not in the same class.
George Harrington yes, but not all of them specialise in economics
Dead wrong. By every metric Berkeley and University of Chicago are top 3 econ and have been for decades.
Chicago is much superior for economics than Harvard
For you to say University of Chicago is not in the same class shows your ignorance. it has at times been the number 4 ranked University in the country... . Law school is the third or fourth best, while the school of economics is easily number one...
University of Chicago is not in the same class or Tier? That's funny... University of Chicago is where the atom was split and nuclear energy learned to be harnessed... home to more physics and econ Nobel laureates than Harvard Princeton and Yale combined
What about Princeton?