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Careers in Economics

15 January, 2016 - 09:45

Economists work in three types of organizations. About 58% of economists work for government agencies. Bureau of Labor Statistics Occupational Outlook at http://www.bls.gov/oco/. The remainder work for business firms or in colleges and universities.

Economists working for business firms and government agencies sometimes forecast economic activity to assist their employers in planning. They also apply economic analysis to the activities of the firms or agencies for which they work or consult. Economists employed at colleges and universities teach and conduct research.

Peruse the website of your college or university’s economics department. Chances are the department will discuss the wide variety of occupations that their economics majors enter. Unlike engineering and accounting majors, economics and other social science majors tend to be distributed over a broad range of occupations.