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Economics

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2nd

Place in National 2022 Fed Challenge Team

$95,000

Median annual wage of workers 25-59 with an economics degree

1400+

Economist job openings every year

Economics Career Paths

An economic policy analyst analyzes economic data and develops policy recommendations for government agencies, non-profit organizations, and businesses. To become an economic policy analyst, one typically needs a bachelor's degree in economics or a related field, although a graduate degree may be preferred by some employers.  Entry-level positions in economic policy analysis may involve conducting research and data analysis, while more senior roles may involve developing and implementing policy recommendations, presenting findings to stakeholders, and managing research teams.

A business analyst analyzes business operations and develops strategies to improve efficiency, profitability, and overall performance. To become a business analyst, one typically needs a bachelor's degree in business administration, economics, finance, etc.  Entry-level positions in business analysis may involve conducting research, gathering and analyzing data, and developing reports and presentations. More senior roles may involve overseeing the implementation of business strategies, collaborating with stakeholders, and managing teams of analysts.

An economic forecaster is a professional who analyzes economic data and trends to provide insights and predictions about future economic conditions. To become an economic forecaster, one typically needs a bachelor's or a graduate degree in economics, finance, or a related field. Entry-level positions in economic forecasting may involve data analysis, forecasting model development, and assisting more experienced forecasters. As they gain experience, economic forecasters may be responsible for conducting research, analyzing trends and data, creating models and simulations, and presenting their findings to stakeholders.

Typical Jobs

Collect and analyze data on market trends, consumer preferences, and competitor activity to inform marketing strategies.

Collect, analyze, and interpret large amounts of data to help businesses make informed decisions.

Identify potential business opportunities and develop strategies to expand a company's customer base.

Work with government agencies or non-profit organizations to analyze policy issues and develop solutions.

Advise businesses on how to improve their efficiency and profitability by analyzing their operations and providing recommendations.

Contact Information

Dr. Ethan Watson, Department Chair

Cameron Hall 220K

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