Perhaps you recognize that economics, almost more than any other field, has an incredibly diverse range of opportunities for application in very real world career paths. Many are surprised to find that the fields of economics and psychology are so closely related, but it's not surprising at all when you discover that economics primarily studies human behavior as it relates to finances, supplies, distribution, and demand. In fact, the more we understand economics, the more we understand how our wants and desires truly make the world go round. When you obtain your degree in economics, you're obtaining access to an impressive array of knowledge, skills, and opportunities for application. Start your economics certificate training program today.
What makes economics such an essential field of study is that its main areas of concern money and human behavior are areas that affect nearly every facet of life. Therefore, every business, every institution, is affected by economic factors. A knowledgeable economist can be a vital resource for any entity to thrive.
Some of the first career paths for individuals with an economics certificate are those related to finances: actuarial science, jobs with banks or other financial institutions, and brokerage or investment firms. Each of these heavily depends on both a solid understanding of finances as well as a firm knowledge of what future financial trends might be. With an economics degree, you could potentially be helping a firm make fruitful investments, providing loans for individuals who apply for them, making predictions for insurance companies, or developing vehicles for trading stocks, bonds, and other investment tools.
Is Adam Smith's "invisible hand" steering you toward an education and career in economics? Adam Smith, the father of economics, proposed the perspective that all jobs would be filled and all economic possibilities would be explored by the natural choices and preferences of individuals within a community. This principle, known as the invisible hand, suggests that economics and psychology, more than the individual choices, are what guide people into the careers that they inhabit. So, what's guiding you to get your economics degree?
Other areas where an economist would be highly valued include marketing, research, and sales. Since one with an economics degree knows about finances and human behavior, the right dose of research dedicated to increasing marketing potency or closing sales will certainly be considered a much needed asset for any company looking to grow. Even other areas in companies, like human resource management or healthcare, would gain from an economist's unique talents and perspectives.
Economists also have plenty of career opportunities working for national and local governments. Legislators need an onslaught of workers who can draw accurate conclusions and projections upon which to base policies off of. Education at secondary and post-secondary levels needs talented economists to take the complex issues related to this subject and clearly communicate them to the next generation.
So whether your find yourself working for a private research firm looking to bolster marketing and sales of clients, or whether you are educating the masses of citizens and politicians about the pros and cons of various economic policies, it seems like Adam Smith's invisible hand has guided you into a promising career. The need for economists will only increase as institutions rely more and more heavily on their unique knowledge and perspective. After all, since finances and human behavior relate to nearly every other field, you can meet this growing demand by becoming part of the economist supply. Start your research and see what economics schools listed below fit your needs.