One issue I often see when students ask “what can I do with economics?” is that they usually search only for "economist" when doing job and internship research. In other words, they view the major's name as the occupation name. The BLS Occupational Outlook Handbook projects about 900 economist openings per year across the U.S., which can give a very narrow picture. So I have switched to naming and emphasizing the typical occupations the majors go into, in addition to earnings and employment rates. And then point them to that data.
The American Community Survey data on economics majors ages 22–27 (not in school) show the most common jobs are management analyst, financial or investment analyst, computer systems analyst, manager, and related roles. The BLS outlook for those occupations is much more promising.
one thing i would always point out to my hs seniors is econ majors were among the top performers on graduate school standardized tests. every year i have a handful of kids say that want to major in econ and it makes me happy.
Why study economics? Because econ is life.
That’s for real
One issue I often see when students ask “what can I do with economics?” is that they usually search only for "economist" when doing job and internship research. In other words, they view the major's name as the occupation name. The BLS Occupational Outlook Handbook projects about 900 economist openings per year across the U.S., which can give a very narrow picture. So I have switched to naming and emphasizing the typical occupations the majors go into, in addition to earnings and employment rates. And then point them to that data.
The American Community Survey data on economics majors ages 22–27 (not in school) show the most common jobs are management analyst, financial or investment analyst, computer systems analyst, manager, and related roles. The BLS outlook for those occupations is much more promising.
I wonder if I go back to school (again) if I would study econ!
I mean entrepreneurship is Econ
Studying Econ has opened so many doors for me already and I haven’t even graduated yet. Recommending this newsletter to everyone.
one thing i would always point out to my hs seniors is econ majors were among the top performers on graduate school standardized tests. every year i have a handful of kids say that want to major in econ and it makes me happy.
In every interview I have had my interviewer said 2 things I wish I understood economics better and I need someone on my team that does.