Economics works great for planning your life when you don't have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring.
Emily OsterOne of the big take-aways from a lot of economic theory is that people should engage in consumption smoothing.
Emily OsterWhen I meet people on airplanes and they find out I'm an economist, they usually ask about stock tips.
Emily Oster