Some economics specializations are:\n
\n- Development Economics \u2013 focuses on the economic aspects of development in low-income countries
\n- Environmental Economics \u2013 studies how environmental problems, such as climate change, and government environmental policies affect the environment
\n- Health Economics \u2013 is concerned with markets and government policies that impact access to health care
\n- Industrial Economics \u2013 studies firms, industries, markets, prices, and competition
\n- International Economics \u2013 is focused on international trade and how international differences in resources and consumer preferences impact it
\n- Labor Economics \u2013 looks at markets and how they affect wages, pension plans, and other worker benefits
\n- Public Economics \u2013 studies how government finance and policies impact the economy
\n- Regional and Urban Economics \u2013 studies things like education, housing, public services, crime, and local government finance to come up with economic snapshots
\n
", "display_order": 1, "created_at": "2019-08-29T17:56:37.445182-07:00", "updated_at": "2022-01-25T13:54:46.760958-08:00"}, {"degree_id": 167, "page": 1, "title": "Program Options", "summary_markdown": "**Associate Degree in Economics - Two Year Duration** \r\nEconomics degrees at the associate\u2019s level are quite rare. Individuals who do earn this two-year degree tend to transfer to a four-year bachelor\u2019s degree program. Coursework covers the fundamentals of accounting, finance, and management.\r\n\r\n**Bachelor\u2019s Degree in Economics - Four Year Duration** \r\nBachelor\u2019s degree programs in economics expose students to various economic theories and principles. After completing core courses like calculus, statistics, microeconomics, and macroeconomics, students study subjects such as public finance and the economics of the labor market. Some jobs that commonly require a Bachelor\u2019s Degree in Economics are [financial advisor](/careers/financial-advisor/), [account manager](/careers/account-manager/), [financial analyst](/careers/financial-analyst/), [statistician](/careers/statistician/), [market research analyst](/careers/market-research-analyst/), and [credit analyst](/careers/credit-analyst/).", "content_markdown": "**Master\u2019s Degree in Economics - One to Two Year Duration** \r\nAt the master\u2019s degree level, economics students take advanced courses in microeconomics, macroeconomics, econometrics (the application of math, statistical methods, and computer science to describe economic systems), statistics, and data analysis. They then choose an area of focus (refer to the list of specializations provided in the Summary section, above). \r\n\r\nIt is with a master\u2019s degree that graduates can seek to actually work as an \u2018economist’, monitoring economic trends and developing forecasts on such things as interest rates and energy costs. Other roles that generally require a master\u2019s degree: [financial manager](//www.chevelle-parts.com/careers/financial-manager/), [management consultant](//www.chevelle-parts.com/careers/management-consultant/), and [money manager](//www.chevelle-parts.com/careers/money-manager/).\r\n\r\n**Doctoral Degree in Economics - Five to Seven Year Duration** \r\n[Economists](//www.chevelle-parts.com/careers/economist/) employed by universities, government agencies, research institutes, and economic think tanks almost invariably have a Ph.D. in the discipline. Admissions to Ph.D. programs in economics are very competitive and generally take five to six years to complete.", "content_html": "
Master\u2019s Degree in Economics - One to Two Year Duration
\nAt the master\u2019s degree level, economics students take advanced courses in microeconomics, macroeconomics, econometrics (the application of math, statistical methods, and computer science to describe economic systems), statistics, and data analysis. They then choose an area of focus (refer to the list of specializations provided in the Summary section, above).
\n
It is with a master\u2019s degree that graduates can seek to actually work as an \u2018economist’, monitoring economic trends and developing forecasts on such things as interest rates and energy costs. Other roles that generally require a master\u2019s degree: financial manager, management consultant, and money manager.
\n
Doctoral Degree in Economics - Five to Seven Year Duration
\nEconomists employed by universities, government agencies, research institutes, and economic think tanks almost invariably have a Ph.D. in the discipline. Admissions to Ph.D. programs in economics are very competitive and generally take five to six years to complete.
", "display_order": 2, "created_at": "2019-08-29T17:56:37.447400-07:00", "updated_at": "2022-01-25T13:55:35.762637-08:00"}, {"degree_id": 167, "page": 1, "title": "Degrees Similar to Economics", "summary_markdown": "**[Finance](/degrees/finance-degree/)** \r\nWhile the purpose of economics is to explain how the global economy functions, the finance field is concerned with how individuals, businesses, and organizations raise, distribute, and use money. Clearly, the two disciplines are connected.\r\n\r\n**[Business Administration](/degrees/business-administration-degree/)** \r\nWithout question, economics and business are closely related. Therefore, a business degree program typically has some economics coursework as part of its requirements.\r\n\r\nThere are, however, significant differences between the two fields of study. Economics asks wide questions about world economies, how governments should respond to financial crises, how stock prices and exchange rates are set, and how to help people living in poverty. Business has a narrower focus: how to operate a business from the perspectives of marketing, accounting, human resources, and operations.\r\n\r\n**[Accounting](/degrees/accounting-degree/)** \r\nThe field of accounting, like economics, helps businesses, industries, and governments make financial decisions and set fiscal policies. But the two differ, as well. Economics studies and interprets financial patterns to understand economies and consult on things like tax, federal spending, and monetary policy. Accounting is focused on analyzing income and expenditure records; on tracking budgets and revenue; and on producing financial records.\r\n\r\n**[Actuarial Science](/degrees/actuarial-science-degree/)** \r\nThis degree program provides students with in-depth training in mathematics, statistics, and probability. It teaches the use of models in analyzing and solving financial problems and includes coursework in economics, finance, accounting, and computer science.", "content_markdown": "", "content_html": "
Finance
\nWhile the purpose of economics is to explain how the global economy functions, the finance field is concerned with how individuals, businesses, and organizations raise, distribute, and use money. Clearly, the two disciplines are connected.
\n
Business Administration
\nWithout question, economics and business are closely related. Therefore, a business degree program typically has some economics coursework as part of its requirements.
\n
There are, however, significant differences between the two fields of study. Economics asks wide questions about world economies, how governments should respond to financial crises, how stock prices and exchange rates are set, and how to help people living in poverty. Business has a narrower focus: how to operate a business from the perspectives of marketing, accounting, human resources, and operations.
\n
Accounting
\nThe field of accounting, like economics, helps businesses, industries, and governments make financial decisions and set fiscal policies. But the two differ, as well. Economics studies and interprets financial patterns to understand economies and consult on things like tax, federal spending, and monetary policy. Accounting is focused on analyzing income and expenditure records; on tracking budgets and revenue; and on producing financial records.
\n
Actuarial Science
\nThis degree program provides students with in-depth training in mathematics, statistics, and probability. It teaches the use of models in analyzing and solving financial problems and includes coursework in economics, finance, accounting, and computer science.
", "display_order": 3, "created_at": "2019-08-29T17:56:37.450134-07:00", "updated_at": "2021-11-18T13:55:38.311414-08:00"}, {"degree_id": 167, "page": 1, "title": "Skills You’ll Learn", "summary_markdown": "In addition to learning economic concepts and principles, economics degree students gain several transferrable skills:\r\n\r\n- Research and Statistical Analysis\r\n- Approaching problems by consistently looking at new research and information\r\n- Using models, charts, and graphs to present findings\r\n- Simplifying complex ideas to untrained audiences\r\n- Communicating ideas in accurate and concise writing\r\n- Openness to different ideas and approaches\r\n- Teamwork", "content_markdown": "", "content_html": "
In addition to learning economic concepts and principles, economics degree students gain several transferrable skills:
\n
\n- Research and Statistical Analysis
\n- Approaching problems by consistently looking at new research and information
\n- Using models, charts, and graphs to present findings
\n- Simplifying complex ideas to untrained audiences
\n- Communicating ideas in accurate and concise writing
\n- Openness to different ideas and approaches
\n- Teamwork
\n
", "display_order": 4, "created_at": "2019-08-29T17:56:37.452330-07:00", "updated_at": "2021-11-18T13:55:38.312562-08:00"}, {"degree_id": 167, "page": 1, "title": "What Can You Do with an Economics Degree?", "summary_markdown": "With a solid understanding of national and/or international economies, finance, and business, economics graduates are ready to work in various occupational categories:\r\n\r\n**Market Research** \r\nMarket research is about looking at industry trends to determine how potential customers are likely to react to products and services under specific economic conditions. The work involves designing studies and gathering and analyzing data.\r\n\r\n**Economic Consulting** \r\nIn fields like business, finance, education, healthcare, and government, economic [consultants](/careers/consultant/) carry out studies of different economic scenarios and help organizations improve their performance. They may also act as expert witnesses in legal cases concerning economic damages, intellectual property, and related violations.\r\n\r\n**Compensation and Benefits** \r\nThe people that evaluate options for company pay and benefits must consistently call upon their understanding of labor market trends and general economics.\r\n\r\n**Law** \r\nWhile an economics degree is not sufficient to practise law, it is a degree field that is valued in the legal industry because many areas of law \u2013 corporate law, tax law, antitrust law, personal injury, medical malpractice \u2013 require both microeconomic and macroeconomic analysis.", "content_markdown": "**Business Reporting** \r\nEconomics, finance, and business focused media outlets seeks out writers and broadcasters who are familiar with the fields and able to report on business leaders, companies, trends, markets, and issues.\r\n\r\n**Government** \r\nLocal, state, and federal governments present employment opportunities for economics major graduates with a wide range of agencies that manage agriculture, business, finance, labor, transportation, utilities, and trade.\r\n\r\n**Education** \r\nBy combining their economics training with the required teaching credential, economics majors can have a career in education \u2013 at the high-school level with a bachelor\u2019s degree and at the college/university level with a master\u2019s or doctorate degree.\r\n\r\n**Organizations, Associations, and Non-Profits** \r\nIn this sector, economics graduates find jobs with institutions such as the International Monetary Fund, the World Bank, the American Enterprise Institute, chambers of commerce, trade associations, labor unions, and non-profit organizations.", "content_html": "
Business Reporting
\nEconomics, finance, and business focused media outlets seeks out writers and broadcasters who are familiar with the fields and able to report on business leaders, companies, trends, markets, and issues.
\n
Government
\nLocal, state, and federal governments present employment opportunities for economics major graduates with a wide range of agencies that manage agriculture, business, finance, labor, transportation, utilities, and trade.
\n
Education
\nBy combining their economics training with the required teaching credential, economics majors can have a career in education \u2013 at the high-school level with a bachelor\u2019s degree and at the college/university level with a master\u2019s or doctorate degree.
\n
Organizations, Associations, and Non-Profits
\nIn this sector, economics graduates find jobs with institutions such as the International Monetary Fund, the World Bank, the American Enterprise Institute, chambers of commerce, trade associations, labor unions, and non-profit organizations.
", "display_order": 5, "created_at": "2019-08-29T17:56:37.454827-07:00", "updated_at": "2022-01-25T13:57:05.264314-08:00"}], "degree_specializations": []}">
