Professionals with an education in economics have a myriad of diverse career options. An online economics degree may be the first step toward pursuing a job as an economist or aspiring to other positions in business, research, or education. A variety of businesses, corporations, and organizations worldwide require the unique skills of a qualified economics expert. Economics students are typically trained in microeconomics, macroeconomics, financial accounting, and international trade, among other subjects.
Online economics degrees are widely available at all levels, as economics is traditionally a popular major with a reputation for leading to a lucrative and lasting career. Economics students typically cover fundamental courses like global economics concepts, principles of microeconomics and macroeconomics, introduction to data analysis and statistics, history of economics, comparative systems, and international economic theory. Depending on which type of economics a student may choose for their specialty, additional training in energy, labor, healthcare, or the environment may supplement the student’s curriculum, as well as attract employers.
Among stiff competition in a saturated labor force, economists with at least a master’s degree may have increased job opportunities over those with an undergraduate degree. The market in recent years reflects an increasingly high number of candidates with bachelor’s degrees, raising the standard for qualified employees. Industry trends also show more employees moving toward private clients, consulting services, and self-employment in this field.
Though requirements vary, online degrees in economics may pave the way for top jobs in this field. Bachelor’s degree-holders in economics may be eligible for entry-level positions as research, financial, or market analysts. With an advanced degree and specialty training, economists with a master’s degree or Ph.D. may be qualified for maximum career advancement opportunities, including not only economics, but also related business, finance, and accounting fields.