tag:blogger.com,1999:blog-2830084253401570472.post366423274139760904..comments2024-03-28T09:22:36.967+13:00Comments on Offsetting Behaviour: Choosing your degreeEric Cramptonhttp://www.blogger.com/profile/15831696523324469713noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2830084253401570472.post-31662114623891793602013-01-22T22:11:24.019+13:002013-01-22T22:11:24.019+13:00The policy stereotype is the unemployed arts grad....The policy stereotype is the unemployed arts grad. But yes, salaries are much much higher in engineering.Eric Cramptonhttp://offsettingbehaviour.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-47925221095834689702013-01-22T20:32:28.524+13:002013-01-22T20:32:28.524+13:00I don't think that unemployment percentage is ...I don't think that unemployment percentage is a very valid measure on which to compare subject areas. Any number of those technically 'employed' graduates could be working for near minimum-wage in the fast-food industry, making them quite under-employed (but still counting as 'employed' for the purposes of those statistics). It certainly doesn't imply that engineering is a poor choice of field to go in to.Jack Thompsonhttp://www.facebook.com/jthompson.nznoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-9638628992976539592013-01-22T14:15:41.614+13:002013-01-22T14:15:41.614+13:00I suspect that very few people who study economics...I suspect that very few people who study economics actually end up with a career in economics. I worked as an economist in banking and broking for awhile, but have since (over 20 years now) been in broader executive management. It is hard to have a career as an economist, at least in NZ. Very few companies are of a scale that might carry an economics related function. Perhaps a key difference to law or accounting is that they are regarded as professions, whereas economists stray off into all manner of areas.Neilnoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-37651993390091478512013-01-22T13:03:43.268+13:002013-01-22T13:03:43.268+13:00I think they're just providing one of the inpu...I think they're just providing one of the inputs for that kind of calculation, Paul.Eric Cramptonhttp://offsettingbehaviour.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-60451580456029150602013-01-22T12:06:14.125+13:002013-01-22T12:06:14.125+13:00Should the decision not be made on life-time earni...Should the decision not be made on life-time earnings with the full opportunity cost of gaining a qualification taken into account. Does the Min of Ed do this?Paul Walkernoreply@blogger.com