In today's overall economic slowdown, more and more attention is being paid to the economy. That should be good news for economists as their roles move into the spotlight. Today--according to the Bureau of Labor Statistics, over half of the economists in the United States worked for the government, either at the state or federal level. The remaining economists were employed across the private sector, business, and academia industries.

 

Should I Get a Degree in Economics?

The typical minimum educational requirement for employment as an economist is a bachelor's degree. However, to advance in the field a master's degree or PhD is strongly recommended. Numerous degree programs in economics--both campus and online programs--are available to provide you with the career training and education you need to take your place in the growing economics industry.

 

Online education programs in economics offer flexibility and convenience and allow you to enroll in some of the leading degree programs without going beyond your front door. An online degree program can enable you to gain valuable work experience while completing your degree. Whether you choose to enroll in an online degree program or a traditional campus-based program, you can expect to take courses in computer science, macroeconomics, microeconomics, statistics, history of economic thought, mathematics, and more.

 

Economics: Career Opportunities

Earning a degree in economics can open numerous opportunities to a variety of careers including public policy, financial analysis, market analysis, financial research, and more. According to the Bureau of Labor Statistics, employment of economists is expected to grow by seven percent between 2006 and 2016. The best employment opportunities should be in the private sector--especially in scientific, technical, and management consulting services.

 

Again, according to the Bureau of Labor Statistics, economists earned a median annual salary of $83,590 in 2008.

 

Sources:
Bureau of Labor Statistics, Economists
Bureau of Labor Statistics, Economists, 2008 Wages