What are economics degree jobs? Jobs requiring this degree deal heavily in:
- economics
- the study of markets
- supply and demand
- scarcity
- other world-changing money concepts
As to the particular roles played by the economics pro, there are many. Here is just a small sample of such opportunities in economics to be found out there today.
Economist
Today’s economist is the most commonly thought-of economics vocation. Rightfully so, as this professional truly embodies economics down to the core. As an economist, one studies and applies all of the lessons of economics in a particular job environment for the employer. Such places of employment are also quite varied, including:
- banks
- other financial institutions
- educational facilities
- non-profit organizations
In any case, these economics professionals make a median yearly pay of around $101,050, according to Bureau of Labor Statistics.
Data Scientist
Behind the economist, today’s data scientist is perhaps the next most popular economics degree. Data scientists use their economics and data-utilizing skills to analyze and even solve real world business problems. The data scientist examines business problems and comes up with viable solutions. is considerably in-demand. This applies to many businesses, from video game makers to auto parts distribution companies and everything in between. The data scientist is considerably in-demand.
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Investment Analyst
There are many companies out there that live and die by the almighty deciding power of investments. Wise investing choices can lead to riches. Poor choices can quickly shutter any business making them. As an investment analyst, the economics grad analyzes the opportunity costs and future potential of any such deals. There are entry, mid-level, and high-level positions in this type of career. Mid-level workers make $60,000 to $70,000 per year.
Market Researcher
As the economics grad would know all too well, markets and their natural equilibriums really do decide everything. Applying the book concept to the real world, the market researcher is the professional keenly focused on this exact subject. Market researchers are employed by any number of firms or organizations. They are charged with scoping out target markets and drawing valuable conclusions about those markets. From there, their employer can use this information to form a more viable business strategy. The median pay of this position sits right around $62,560 per year, according to the Bureau of Labor Statistics.
Wealth Manager
Finally, rounding out our most abbreviated list of economics degree jobs, we have the important role of the wealth manager. This economics pro works with a parent employer and their clients to assure those clients of a bright financial future. Once a client has entrusted their assets and financial decisions to the firm, the wealth manager is assigned to that client. At the end of the day, a job well-done assures the client of a healthy portfolio and a worry-free financial future ahead.
There are virtually countless opportunities in the line of economics jobs and other roles opened by grads of the economics degree specifically. These five options provide just a brief glimpse into this vast field.
To find even more resources and information about economics degree jobs, you are highly encouraged to check out the wealth of knowledge found at the American Economics Association.