Lower division economic student here,
Can some one explain to me why everyone only talks about MACRO!!!! when its literally just made up measurements(HDI, Sen's index, misery index, GEM, ect)?
Micro seems both more useful from a career perspective and less marshmallow science.
My theory is that everyone secretly wants to be the federal reserve chair.
Is this just the Accounting vs Finance debate all over again?
No. It's because the macro economy is literally ruling the roost right now.
Macro isn't marshmallow science. It's marshmallow science if you take it at face value, as how it's taught. Learning proper Macro. needs a critical mind and a broad skill set across basic STEM field stuff, especially mathematics and physics, and a good understanding of micro too.
Micro on the other hand is more likely to be correct, but is also extremely theoretical.
Accounting, corp. finance, and applied finance are probably the most useful things I've studied in terms of the underlying economy. Including watching real world market data.
Every course in Econ. I studied was useful in understanding the way the world works, right down to Public Sector Econ. Which is basically a "How can we shill for .gov" course. (Also broad-based use of macro, micro and many other Econ. courses, which was nice.)
I only opted for the elective because better electives were full. Turned out to be an eye-opener anyway.