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Business Resources Article


Start a Career as an Economist

Whether your goal is to teach, consult, or research economics, a master's degree with a concentration in economics could be your next step towards a rewarding career.

Job Overview

Economists engage in a wide variety of activities to provide solutions to economic problems. A career as an economist might include conducting research, reviewing statistical data, and creating plans to promote effective production and distribution of goods and services. Economists also may provide advice, forecast market trends, and teach students. Some choose to specialize in an area like finance, labor, or agriculture.

Essential Skills

If you're serious about a career as an economist, you should have a good handle on mathematics. You may need computer programming skills to process and analyze statistical data. Successful economists must also possess good analytical and problem-solving skills.

Average Earnings

$73,690

Education / Training

A career as an economist typically requires a master's degree in economics or a related discipline. Courses in accounting, sales, marketing, and computers are also useful. Options for undergraduate degrees include computer science, statistics, mathematics, and economics.

How to Get Started

Would you like to start studying for a career as an economist? The University of Phoenix offers accredited, online bachelor's and master's degrees that can get you started. Fill out this information request form to find out more and take the first step towards enrolling in a program that's right for you.


References:
Farr M and Shatkin L. 150 Best Jobs for Your Skills. Indianapolis, IN: JIST Works, 2007.

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