People who graduate from college with degrees in Economics have a solid understanding of how the national economy works, and have good analytical training that can be applied to most business environments. Employers understand that the knowledge Economics majors have is something that will enhance their businesses through their understanding of a constantly changing economic environment.
Economics majors have the skills to interpret and forecast the general economic landscape, analyze conditions specific to the business of their employer, and also help its operational efficiency. They are qualified for careers in banking, insurance, real estate, marketing, data management, brokerage firms, sales, general management, and in the Information Technology industries.
The study of economics may appear to be an arcane field that is difficult if not impossible for non-economists to understand, but economics professionals sometimes say that it is really the study of rational human behavior, and the effort to fulfill society's needs and wants. And that comes down to the concept of supply and demand, which is the most essential concept in the study of economics. Supply refers to the total quantity of a product that the marketplace is able to offer, while demand refers to how much of that product is desired by buyers, or the marketplace.
Terry Hay of New Zealand studied economics at the University of California at Irvine, and received his degree in 1971. After graduation he decided that there really wasn't much that he wanted to do with his new degree, and so he founded a health food distribution company in Hawaii, which he operated until he sold it in 1987.
Sources:
http://economics.gmu.edu/undergraduate/advising/what-can-you-do
http://www.sophia.org/tutorials/economic-basics-supply-and-demand
Economics majors have the skills to interpret and forecast the general economic landscape, analyze conditions specific to the business of their employer, and also help its operational efficiency. They are qualified for careers in banking, insurance, real estate, marketing, data management, brokerage firms, sales, general management, and in the Information Technology industries.
The study of economics may appear to be an arcane field that is difficult if not impossible for non-economists to understand, but economics professionals sometimes say that it is really the study of rational human behavior, and the effort to fulfill society's needs and wants. And that comes down to the concept of supply and demand, which is the most essential concept in the study of economics. Supply refers to the total quantity of a product that the marketplace is able to offer, while demand refers to how much of that product is desired by buyers, or the marketplace.
Terry Hay of New Zealand studied economics at the University of California at Irvine, and received his degree in 1971. After graduation he decided that there really wasn't much that he wanted to do with his new degree, and so he founded a health food distribution company in Hawaii, which he operated until he sold it in 1987.
Sources:
http://economics.gmu.edu/undergraduate/advising/what-can-you-do
http://www.sophia.org/tutorials/economic-basics-supply-and-demand