Economists for the Future

It seems that everybody is worried about their financial situation and the economy. Unfortunately, few people really understand the power of the dollar. Unlike the average American, Economists have a real understanding when it comes to money. Economists study how people spend money for private companies and how to improve the economy for the government. I have always been interested in traveling and how people spend money globally, and that is why I was considering becoming an economist.

To become an Economists one must study a wide variety subjects in math and science. To get the best jobs at the best firms, a Ph.D. or masters is preferred, but it is possible to get a job with a bachelor's degree(“Economists”). Because of the skills required to study economics, courses in mathematics, statistics, econometrics, sampling theory and survey design, and computer science are extremely helpful (“Economists” Truity.com). Undergraduate economics majors can choose from a variety of courses, ranging from microeconomics, macroeconomics, and econometrics to more philosophical courses, such as the history of economic thought. Economists have to have a general understanding of their field. However they often specialize in one or two categories (“Facts about Economists”).

Economists use their skills to fix economic problems in government and corporations. They also make predictions on future economic trends. Economists must also be able to review data, observe patterns, and draw logical conclusion.

For example, some economists analyze historical employment trends to make future projections on jobs, design policies or make recommendations for solving economic problems(”Economists”). The idea of solving problems like this interests...

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... economic consultant.

There are currently 15,400 economists in the United States, with 580 new economist job openings created each year (“What careers follow the economics baccalaureate?”). A smart economists would look at the number of future jobs and compare that to the number of people graduating in that area before deciding that it probably isn’t a great career choice for the average person.

Works Cited

”Economists.” ehow. Demand Media Inc, 5 September 2009. Web. 21 March 2014

“Economist.” Truity. Truity Psychometrics LLC, 19 March 2014. Web. 24 March 2014.

“Economists.”Occupational Outlook Handbook. Bureau of Labour Statistics, 8 January 2014.

Web. 18 March 2014.

“Facts about Economists.”ehow. Demand Media Inc, 14 June 1999.Web. 21 March 2014

“What careers follow the economics baccalaureate?”AEAweb, 7 May 2013.Web. 21 March 2014.