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Economics

Career and Major Information
Related Career Titles
Web Sites
Salary Information

 

The Associate of Science degree in Business at Walters State Community College is designed to fulfill freshman and sophomore level course requirements for a bachelor’s degree in business.  At the junior and senior levels, students choose a concentration such as economics.  The WSCC catalog curriculum is not specific for any particular school; students will need to consult a faculty advisor for more information about choose courses for an individual college or university’s program. The departmental link for business is: http://www.ws.edu/businessdiv/default.asp.

 

 

Career and Major Information:

 

Economists study how society uses resources to develop goods and services.  They research and analyze data, study wage and product levels, and monitor economic trends.  They develop methods for obtaining economic data, and they may provide economic analysis for the media.  Many economists specialize.

 

Industrial and organizational economists study the market structure and decisions of particular industries.

 

Macroeconomists study the economy as a whole and look at unemployment, inflation, economic growth, productivity, and investment.

 

Monetary economists study the banking system and interest rates.

 

International economists study exchange and trade rates.

 

Labor economists study labor, market, and employment trends.

 

Public finance economists study the role of government and its effects on the economy.

 

Econometricians use mathematical techniques to formulate economic models.

 

Many economists work for the government, large industries, or in education.

 

Related Career Titles:

 

Actuary

Auditor

Bank Officer

Consultant

Financial Reporter

College Instructor

International Trade Specialist

Wage and Salary Administrator

 

Web Sites:

 

American Economic Association Job Listings http://www.aeaweb.org/joe/

 

Occupational Information for Business Careers

http://www.wm.edu/csrv/career/stualum/careerbus.html

 

Career Planit Economics Major Search

http://www.careerplanit.com/resource/profileresult.asp?crcode=25&list=GO

 

Economists and Marketing Research Analysts (Occupational Outlook Handbook)
http://stats.bls.gov/oco/ocos055.htm

 

Careers in Economics http://www.sju.edu/~nfox/careers.htm

 

Salary Information:

 

Median annual wage and salary earnings of economists were $68,550 in 2002. The middle 50 percent earned between $50,560 and $90,710. The lowest 10 percent earned less than $38,690, and the highest 10 percent earned more than $120,440.

 

Salary figures quoted are based on national figures. Local or regional salaries may be lower.

 

 

Citation: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2004-05 Edition, Economists , on the Internet at http://www.bls.gov/oco/ocos055.htm

 
 
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