Economics Program
"Economic literacy is crucial
because it is a measure of whether people understand the forces that
significantly affect the quality of their lives..."
Gary Stern, President,
Federal Reserve Bank of Minneapolis
Economists work with issues involving how a society uses its resources such as people, land, raw materials and equipment, to produce goods and services and how it distributes those goods and services.
Economists
are employed by colleges and universities, businesses,
banks and other financial institutions, governments,
special interest groups, and national and international
agencies to conduct research by collecting and analyzing
data, analyzing trends and creating projections or
forecasts. An economist's research can focus on
one firm or one market or on national and global issues
such as inflation, unemployment, economic growth, and
international trade.
Many economists specialize as Micro-economists, Industrial economists, Macro-economists, Financial economists, International economists, Demographic economists, and Econometricians.
Beginning positions include tasks such as computer modeling, report writing, collecting data, preparing statistical charts, and basic research. With further experience and advanced degrees, more opportunities involving leadership and advanced management positions may become available. Dependant on the position, travel may be involved for research purposes.
