Degree Completion in Economics
The unique field of economics combines practical business, monetary and production principles with concepts of mathematics and logic in order to research, evaluate and develop effective strategies for producing goods, providing services and maximizing profits. Professionals working in the field of economics evaluate labor output, raw materials, production processes, marketing methods and other variables in order to prepare reports and forecast about economic trends. While most economics graduates work in the banking & investment sectors, a large number are employed by various consultancies, manufacturing industries and large business corporations.
Degree Completion in Economics Programs
American InterContinental University Online
Colorado Technical University Online
About the Degree
The basic degree awarded in the field of economics is the four-year long Bachelor’s degree, which is designed to give students the basic skills required for a successful career in economics. A bachelor’s degree in economics helps students enhance their mathematical skills and analytical abilities. Students take classes in the areas of advanced mathematics, statistics, statistical analysis and micro- and macroeconomics. Students are required to have graduated high school with courses in mathematics and statistics. Entry requirements for various colleges vary, however most require students to pass an admission test like the SAT.
For people who wish to obtain a higher degree in economics, two-year long Master’s degree programs are also offered. The Master’s degree programs are largely focused on a specific area within economics such as Development Research, Economics of Development, International Business, Population Development, Policy Analysis and Agricultural Development. The Bureau of Labor Statistics ranks economists among the highest paid professionals in the country, with median wages reaching $140,000 per year. Employment opportunities are abundant in various government agencies, international organizations such as the World Bank, and private businesses.