What is learned in Economics?
An economics major is a degree option that examines questions related to resource allocation, incentives and wealth, among others. Economics is relevant to graduate and professional study in fields like business management, law and public affairs, as well as undergraduate degrees that are useful for many career paths. Students often begin their studies by developing a solid foundation in microeconomics, macroeconomics and calculus, which they can use to pursue more advanced coursework and research opportunities. Those interested in the policy applications of economics may wish to enroll in classes that analyze real-world problems, while students considering a doctorate in economics should also explore some higher-level mathematics.
Who is suitable for Economics?
<p>Majoring in economics might be the right choice for you if you’d like to use analytical reasoning to study behavioral patterns, policy problems or business practices. The critical thinking skills a degree in economics can help you develop are useful in many fields. Though students planning for a career in business may be inclined to study economics, the discipline can also be relevant to those interested in law, medicine, government and other paths. If you have strong logical reasoning skills, consider yourself a good problem solver or ever find yourself thinking about how the world could run more efficiently, you might consider enrolling in an economics course.</p>
Expected career after learning Economics
With an undergraduate background in economics, you can pursue graduate studies or join the workforce. If you want to help businesses and organizations through legal disputes, you could look for a job as an economic consultant. If you’re more drawn to risk analysis, you might consider becoming an actuary. Research assistant jobs are also open to recent graduates, especially those who might look to get doctorates in economics. Besides a Ph.D. in the field, graduate education options include law school and master’s programs in business management or public administration. With appropriate undergraduate preparation, economics majors also sometimes go on to medical school.