What can you do with an economics degree?


Quick Answer

Those with economics degrees find careers working for corporations, nonprofits, the public sector, academia, think tanks and international firms and groups, according to George Mason University. Possible titles include business analyst, project manager, banker, secretary, loan specialist, policy analyst, sales analyst and marketing assistant.

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Full Answer

Career opportunities in economics depend on a specific concentration and the level of the degree. Those with an undergraduate degree in economics have careers as marketing assistants, lower-level financial positions, assistants in research, budget analysis and creation, and local government. A graduate degree in economics includes career options in business and governmental consulting, as managers and researchers for federal agencies, in education, and data and statistical consulting. Some people with an economics undergraduate degree choose a graduate program in a different field, such as law school, business administration or international studies. A degree in economics teaches problem-solving skills, statistical and market modeling, writing skills, presentation abilities, communication skills, financial analysis and analytical reasoning, which is applicable to a variety of careers and fields.

As of 2014, the fields with the highest median wages for economics majors include finance and insurance industries, the federal government, research and development firms, and management fields. Potential incomes increase with the level of degree.

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