Jobs for Undergraduate Economics
Obtaining an undergraduate degree in economics can lead to opportunities in the workforce. Undergraduate degrees in economics are available through programs at most colleges and universities and can usually be completed in four years of full-time study. Some students who complete a bachelor’s in economics go on to pursue a master’s or doctorate in the subject, but there are jobs open to those with an undergraduate degree as the highest educational requirement. Regardless of your interests, there is likely a career option that will suit most economics majors.
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Economics Consultant
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Economists with a bachelor’s degree in economics can choose to enter the lucrative field of consulting. Many companies hire consultants instead of putting an economist on staff full time. This career choice can lead to constantly changing and interesting work opportunities.
In the private sector, businesses need economic consultants to help keep up with the complex global economy and perform analysis and forecasting. Consultants are often independent contractors who may work for several companies during the course of a year. Some economic consultants work as analysts for a consulting firm.
Government Economist
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Government is a common workplace for economists. Starting pay in government jobs often has to do with the level of education employees bring with them, but holders of bachelor’s degrees still qualify for many government jobs. Economists in the government evaluate the particular agency’s operations and have various roles at all levels of government.
Economists work in the Federal Reserve Banks doing research or statistical assignments. The U.S. State Department also hires economists as analysts, as does the Foreign Service and the Central Intelligence Agency.
Those with an education in economics are also likely to find a variety of job opportunities in state government.
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Teacher
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Some economics majors end up with a teaching certificate along with an undergraduate economics degree. For these students, seeking work as an economics teacher is a likely career path.
Economics is a common requirement in high schools across the country, and there is expected to be an increased demand for economics teachers, according to the U.S. Bureau of Labor Statistics.
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References
- Photo Credit economic image by Jaroslav Machacek from Fotolia.com
