Economists are mainly concerned with the understanding and interpretation of
financial matters in the public and private business sectors. Economists are
found in a wide variety of careers. Most businesses, small, medium or large,
rely on what the economic forecast and strategies are for the developing markets
and their products are. In order for businesses to make good decision and plan
their investments, they need good information and advice. Businesses that wish
to deal with forecasts for rates whether they are exchange or otherwise need
economists to accomplish this.
As an Economist in any of the given
fields, you will interpret economic findings, prepare reports and communicate
them to the management of the company the economist is employed by. For students
already working in the field of economics, an economics degree online can be the
gateway for students to enter into government service, nonprofit entities with
careers in statistics and analysis. It can also enhance their present position
for those desiring upward mobility.
Career Prospects
A career in
Economics can lead to other occupations in the area of finance such as becoming
budget analysts, financial managers, loan officers, cost estimators, insurance
underwriters, purchasing managers, management analysts and survey researchers.
After achieving a career in Economics, another career some students consider is
in the field of teaching at business schools or colleges. Making a move into the
educational arena can lead to a career as an academic economist. Another avenue
to consider is a career as a writer covering the trends and writing about
Economics.
What Economists Do
You can develop a career as a writer
for publications on economics. Current trends in economics blend information
technology and businesses to for the e-Commerce field. Many economists work in
the development, research and financial management as well as marketing of
e-businesses. Students who graduate and go on to the Masters level can expect to
fill key positions in companies such as business and data analysts, project and
sales managers as well as executive positions as business and data
analysts.
The job market outlook for careers in Economics is promising as
many new businesses depend on the increased marketability of their companies
through local and global related industries. The need for economists to
interpret the trends and ideas of the newly tapped global markets is there and
the potential for growth and mobility extend worldwide.
Job
Titles
Some of the promising careers in Economics are Government
Economist, Public Finance Economist, Business Economist, Financial Analyst,
Marketing Research Analyst, Macro Economist, Micro Economist, Industrial
Economist and Academic Economist (economics teacher or professor).
Online
Programs
University of Iowa offers a Masters program from their online
courses, as well as a PhD in Economics for an Academic Economist to teach at the
University level through the Tippie College of Business and College of Liberal
Arts and Sciences. The Doctorate in Philosophy for Economics requires of 72
semester hours.
Aspen University抯 MBA in Economics program builds skills
needed for the challenging business world. Their approach is hands on in order
to build successful leaders and managers that are decision makers and team
leaders. Aspen抯 courses are project based and provide a unique learning as you
do approach. Their available programs provided specialization in Information and
Project Management focused on management, strategy and analysis in economics.
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