Economics as My Intended Field of Study Application Essay

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Economics as My Intended Field of Study

My intended major is Economics, a subject in which I developed an interest in two very different ways. At the level of microeconomics, I have first-hand experience with the challenges of surviving alone in the United States as a self-dependent international student. On one hand, the U.S. offers many potential opportunities; on the other hand, economic survival for working students requires very responsible management of finances and resources. On the level of macroeconomics, I was both alarmed and fascinated by the manner in which the entire U.S. economy nearly collapsed in 2008, just as I was beginning to settle into life in the U.S. In addition to issues of the highly complex interrelationships among and between the business, investment banking, and housing sectors, the situation also highlighted important ethical issues that obviously must be addressed to prevent repeated economic catastrophes.

As a student of economics, I hope to develop a basic understanding of the classic fundamental principles in the field. However, I also hope to study some of the broader ways that economic issues affect and even shape contemporary human societies. Since coming to the U.S., I have learned that the American consumer economy is much more complex than I realized, especially in connection with the extent of consumer dependence on credit to fund higher lifestyles than… [END OF PREVIEW]

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Cite This Application Essay:

APA Format

Economics as My Intended Field of Study.  (2011, November 27).  Retrieved December 12, 2019, from

MLA Format

"Economics as My Intended Field of Study."  27 November 2011.  Web.  12 December 2019. <>.

Chicago Format

"Economics as My Intended Field of Study."  November 27, 2011.  Accessed December 12, 2019.