Economics Major

Career Paths

Economists

About This Major

In this world, assets are usually scarce however the want and desires of the populace are boundless. The duty for identifying the way to great allocate those assets falls into the fingers of those who have a look at economics. The economics most important, a social technological know-how, is involved with the manufacturing, distribution and consumption of intangibles including time and talent, and tangibles like housing, money, supplies, system and exertions. Although economics is a social technological know-how, this major may be a part of the college of arts and sciences or the college of business, depending at the college.

Students can earn companion, bachelor's, grasp's or doctoral tiers in econ, as it's far regularly referred to as. After earning an associate degree most humans switch to four year schools so one can earn a bachelor's diploma and many pass on from there to earn grasp's and doctoral ranges. There are few jobs to be had for bachelor-stage economists. Those who do now not pick out to pursue a better diploma on this concern once in a while pursue one in any other subject, for instance business or regulation. There also are many alternative profession alternatives that make use of the capabilities one attains whilst earning a bachelor's degree in economics. Most professional positions in economics require a grasp's degree or a PhD.

Sample of Courses You Can Expect to Take

Bachelor's Degree Courses (Some of those guides also are provided by using Associate Degree Programs)

  • Principles of Economics
  • Microeconomics (Introductory, Intermediate and Advanced)
  • Macroeconomics (Introductory, Intermediate and Advanced)
  • Economics of Developing Countries
  • Business and Society
  • Health Economics
  • Mathematical Economics
  • Econometrics
  • History of Economic Thought
  • The Economics of Gender
  • Statistics for Economics
  • Law and Economics
  • Urban and Regional Economics

Master's Degree Courses

  • Global Economic Environment
  • Managerial Economics
  • Empirical Analysis of Trade Policy
  • Research Methods in Economics
  • Industrial Organization and Public Policy
  • Behavioral Economics
  • Financial Derivatives
  • Economic History
  • Economics of the Environment and Natural Resources
  • Economics of Defense
  • Economics of Technological Change
  • Global Enterprise

PhD Courses

  • Mathematics for Economists
  • Business Cycles
  • Microeconomic Analysis
  • Macroeconomic Analysis
  • Advanced Topics in Econometrics
  • Applied Econometrics
  • History of Political Economy
  • International Economics
  • Game Theory and Economics

Career Options With Your Degree

  • Bachelor's Degree (entry-level or one to two years of revel in): Strategy Consultant, Research Analyst
  • Master's Degree: Economist, Macro-Economic Quantitative Researcher, Instructor (Community College), Director of Research Analytics, Lead Economic Capital Modeling Analyst, Credit Risk Manager, Risk Analyst
  • Doctoral Degree: Economist, Macro-Economic Quantitative Researcher, Professor, Consultant

*This list changed into compiled by means of searching activity sites for openings that require a degree in economics. It includes alternatives for folks who graduate with a diploma in economics most effective. It does no longer consist of any jobs that require earning an additional degree in any other subject.

Typical Work Settings

People who graduate with a degree in economics work for companies, financial institutions, schools and universities, and governments.

How High School Students Can Prepare for This Major

High college students who're considering studying economics in university need to have a sturdy heritage in mathematics. They should take as many advanced math classes as possible. Students have to also take economics training if they are presented. Courses in data can also be helpful.

What Else You Need to Know

  • This main may be part of a university's college of commercial enterprise or college of arts and sciences.
  • A bachelor's degree in economics isn't always a demand for recognition into a master's diploma program, however candidates have to typically have taken introductory coursework.
  • Some doctoral packages require a grasp's diploma in economics or a related subject for admission while others require handiest a bachelor's diploma. PhD candidates are presented a grasp's diploma after completing a part of the doctoral software.
  • Doctoral applicants ought to write a dissertation.
  • Students may also take from four and 6 years to earn a PhD.
  • Some grasp's diploma programs require college students to write down a thesis.

Professional Organizations and Other Resources