Economics is one of the core social science fields. It deals with how individuals, government, cooperate organizations and societies make decisions about the production, distribution of wealth and the consumption of goods and services. Economics is the training to becoming an Economists.
Economics is a versatile field, such that it offers a wide range of opportunities in many industries and fields of endeavours.
Career/Job options in Economics
Common lucrative job opportunities for graduates of Economics are:
- Economist: Studies how societies, organizations and cooperate individuals employ their limited resources to satisfy needs and wants, predict market trends, build models, and present findings.
- Financial Analyst and Manager: Analyze market trends to reduce costs and increase profits for businesses
- Management Consultant:
- Actuary/Data Analyst: Handles data and probability, typically working for insurance companies to determine prices and coverage options
- Researcher/Academic
- Securities Trader
- Market Researcher
- Product Manager
- Lawyer: Economics is an excellent background for law school.
Places of work
- Banks
- Insurance companies
- Government Agencies
- Research and Consulting Institutions
- Health Care
- Human Resources
- Law and Finance
- Tech (As IT professionals, Data Analysts, Statisticians, etc)
- Schools’ Department of Economics
