Why study Economics?

Courses Offered

An understanding of economic principles gives insights on how to make wise buying, education, and employment decisions. The economic way of thinking can be helpful in making better decisions in using credit, saving, and operating a business. The power of economic analysis is helpful in making judgments about policies that are advocated by a political candidate. Taking an economic course will increase understanding of TV news reports and newspaper and magazine articles. Taking an economic course is a way to increase your money IQ.

Careers in Economics

Most economists work for a business firm. Others work for government agencies or in colleges and universities. Forecasting economic activity to assist in planning and applying economic analysis to the activities of the firms or agencies are some of the duties of economists. Economists employed in colleges and universities teach and conduct research. Nearly half the nation’s high school students are required to take an economic course to graduate. A career in economics may thus involve teaching in a high school.

Many graduates with bachelor’s degrees in economics will be qualified for jobs as financial managers, financial analysts, underwriters, actuaries, securities and financial services sales workers, credit analysts, loan and budget officers, and urban and regional planners. They will find good jobs in business as management or sales trainees or as administrative assistants.

Since studying economics sharpens analytical skills, those planning a career requiring keen analytical skills, law—for example, should take economic courses. Some background in economics provides the basis for competing for the best job opportunities in a broad range of fields.

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Cinda Adams