&gt; She said her MBA helped her get a basic sense of business, which might be instrumental “for some people and in some situations,” but dismissed the notion that the training would offer a leg up at Facebook.<p>My background is economics (and political philosophy) - and I work in tech - first as a programmer, the product manager, and now as founder: knowing economics has been useful in my roles as PM and founder.<p>Everyone should know some basic economics - micro-econ concepts such as marginal utility, producer&#x2F;consumer surplus - as its useful for business.<p>And everyone should know basic macro stuff (interest rates&#x2F;GDP&#x2F;etc) because in a democracy it pays to have informed citizens.<p>An MBA, however, is overkill.