An economics career involves research and collection of data in order to identify trends helpful for developing predictions. You will analyze data such as currency exchange rates, taxation, business market trends, inflation, supply and demand of natural resources, and employment statistics. Using surveys, mathematical or statistical models, you will collect data with the goal of being able to apply theories and trends for the benefit of the client. You can specialize in a specific area of economics such as industry growth, employment statistics, or federal taxation policies.
Study Program Details
Employment opportunities are greatest for those who have achieved at least a master degree in economics. Graduate levels provide specialization possibilities in areas such as advanced economic theory, international economics, labor economics, and econometrics. Degree programs are standard university length with a minimum of three to four years of full time in most cases.
Possible Jobs and Salary
Possible employment in the field of economics includes teaching at secondary or post-secondary schools, and consulting for private business or government corporations. You will find most of the job opportunities in economics are in the private industry sector with annual salaries ranging from $50,000 to over $100,000. Growth in economics positions will be consistent with the national average.
Publish date: February 10, 2011