ECONOMICS
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You are your most valuable resource. Explain how you are investing in yourself by going to school. What does the outlook in your field in terms of employment have to do with your choice of major? Visit www.bls.gov     and consult the Occupational Outlook handbook to answer this question.

In the modern world, human beings are considered as the valuable resource to the society. All expenditure on education starting from school is nothing but an investment on human resources which will yield a high return in the future. Investing in early education generates economic development for communities in the short run in the form of jobs, the purchase of goods and services, and a more efficient workforce. In the long run, quality early education builds an employable, educated workforce.

My major is Economics. According to the BLS occupational outlook, the employment opportunities in my field are as follows:

Economics is now becoming a highly demanded and popular course. This will increase the demand for teachers in Economics in all educational institutions starting from secondary school. The job opportunities available for the people with economics background are financial analyst, market analyst, public policy consultant, researcher or research assistant, and econometrician. Employments opportunities are found to be more in the private industry sector, especially in management, scientific, and technical consulting services.

Economic Bachelor’s degree holders with good quantitative skills and a strong background in mathematics, statistics, survey design, and computer science also may be hired by private firms as researchers.

Couples with master’s or Ph.D. degree in Economics, people with strong background in Statistics, Mathematics, econometrics and Operation Research acquire specialty within the economics field.