Careers in Economics
How will new international trade agreements affect jobs and wealth? Does cutting business taxes help spur growth? What is the optimal price to charge for a specific product? How are professional athletes’ salaries determined? Why do individuals make poor health choices even when they know better?
Examining these important questions are part of an Economics degree at McMaster University. After all, economics is the science of choice.
Economists in the workforce can:
- Approach problems in a logical, rigorous way.
- Help employers by using their sophisticated problem-solving, numeracy, research, communication and decision-making skills.
- Analyze data to seek solutions to issues at the personal, firm and overall economy levels.
Employers seek out the skills acquired by Economic graduates, such as:
- Skillsets in areas such as quantitative analysis of economic opportunities and problems, economic forecasting, knowledge of economics institutions and policies within Canada and the global community.
- The ability to apply sophisticated methods of analysis to the problems faced by private sector firms, not-for-profit organizations and government.
- Strong problem-solving, research, analysis and decision-making skills.
- The ability to articulate a clear verbal and written presentation of the research findings and evidence.
Examples of Economic career paths*:
- Data Analysis
- Business Management
- Financial Planning
- Public Policy
- Statistical Analysis
- Policy Analysis
- Economic Analysis
- Financial Services
* This is not an exhaustive list, but it is a start in your career exploration.