Economics deals with the production and distribution of wealth, goods, and other services. Many students who earn an economics degree find jobs as economists, while others pursue similar careers in other relevant fields in business, academia, the private sector, and government. Students pursuing a degree in economics will study topics such as forecasting, macroeconomics, global and emerging markets, economic development, microeconomics, economic reporting and analysis, managerial economics, and calculus.
While at their college or university, students should explore different concentrations that align with their desired career. Those with degrees in economics can work in companies such as banks, oil companies, universities, credit card companies, medical associations, and many others. Some specific jobs include economist, financial advisor, accountant, financial analyst, stockbroker, personal banker, investment advisor, and actuaries. People are most likely to work with finance, so a taste for and understanding of simple and complex mathematical foundations is a plus.
If people are interested in the business sector, they will find work in transport, health, labor, industry and private companies. Employees in these fields typically have advanced statistics, writing, verbal communication, and computer skills. For those learning more about government, the most likely departments to work in include finance, business, labor, agriculture, international trade, transportation, and urban economics. To submit an effective resume to these departments, students should try to get involved in student government, find an internship with a government agency, and view graduate school as eligible for a wider variety of careers.
Many people who have a degree in economics go into the field of economic and market research. These typically include trading companies, consulting companies, consumer goods manufacturing companies, and market research companies. An accompanying minor is also a great support when it comes to finding a job in this field. Students should also try to get involved in the campus newspaper, work for a political campaign, and do a business research internship.
Another field available is in banking and finance. Graduates can work in regional and commercial banks, or savings and loan associations performing jobs such as trusts, operations, credit systems and loans. To be successful in this career, students must have advanced computer and analytical skills, and have some experience as a cashier, teller, or have worked as a financial officer or treasurer.
Most people who take this degree are interested in becoming an economist. These professionals will analyze and investigate how resources are distributed and used to produce goods and services. Most people will have specialized knowledge in some concentration in this field, such as industrial economics, organizational economics, and microeconomics.