Economics programs offer students in-depth training in the fields
of business, finance, resource allocation, and statistical
applications. Economists learn how to create statistical reports
and apply research methods in a variety of industries, outlining
ways to allocate resources as efficiently and effectively as
possible. Economics school prepares students for a rewarding
career in the field, and prospective students can take part in
online degree programs if they need a flexible
schedule or prefer to work independently. Online economics
degree programs are quickly becoming a popular way to complete
a degree while working, providing flexibility for a
busy schedule along with the convenience of online learning and
collaboration. Students who choose to pursue a bachelor or
master degree in economics position themselves for many
rewarding job opportunities and career options.
What is Economics?
Economics is the study of various principles, policies, and theories that govern
the business and industrial sector. Economists study the ways in which various
decisions have an impact on business models and society as a whole, and
provide both quantitative and qualitative reports and findings for each
industry. The study of economics addresses how resources are used in the
production and service industry, and how to address the various needs of
society. Various specializations in the field include:
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Public Policy
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Quantitative Analysis
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Micro- and Macroeconomics
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Money, Finance, and Banking Systems
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Comparative Economic Systems
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International Economics
What to Expect At An Economics School
The school of economics at most colleges and universities combines real-world
applications with proven methodology and analysis measures. Students who enroll
in online economics courses can gain the same skills, experience, and knowledge
as a campus-based program, but have the chance to interact and work with their
virtual classmates on their own schedule. The school prepares students
with the fundamental concepts of business, mathematics and statistics, providing
them with the education and tools needed to conduct their own research and apply
key principles throughout their career. Students learn from practical
application of theories and formulas, and many online courses feature business
simulations and other interactive components to enhance the learning process.
Economics courses taken at both the undergraduate and graduate level can lead to
many attractive career opportunities. An economics degree focuses on allocating
diverse resources in the international, labor, and industrial economies. A
bachelor degree allows students to pursue entry-level and
managerial positions in their field, while a master degree may lead
to high-level supervisory roles, upper management, research, and teaching.
Online economic master degree programs are designed in a similar format as a
campus-based course, but students have a chance to work with peers and
professors in a virtual environment instead.
Career Options After Completing An Economics Degree
Students who graduate with a bachelor degree can work in a variety
of fields and industries. Business economists may choose to work in the fields
of insurance, retail, communications, banking, and investments. They may also
serve as a consultant or work with a trade organization to provide research and
analysis on various initiatives.
However, an economics degree is not limited to the business sector; today, more
industries such as telecommunications, computer science, and even education are
looking for skilled and intelligent economics majors that can apply the
fundamental concepts toward problem-solving and analysis. Government economists
are hired by the Federal and regional governments to serve in policy-making
roles and conduct research and analysis. Academic economists turn to teaching
and instruction of various economic principles.
Career options also include:
Online Degree Options
Online economics courses give students the flexibility and freedom to complete
their work on their own schedule, and attend class at any time. Most online
degree programs make use of a web-based platform where students
participate in discussion forums, take part in online lectures, and work on
group projects in a collaborative online environment. Students may choose to
purse a bachelor degree in economics in this format, or continue their studies
by completing an online master degree. If students are required to
complete an internship, this may also be coordinated online; students can work
with professors and mentors on various projects, making use of research
libraries and databases throughout their program.
Classes Available with Economics Programs
A bachelor degree in economics is designed to teach students the fundamental
principles, theories, and concepts that can be applied in a variety of
industries. Common courses and classes of a bachelor degree include:
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Principles of Microeconomics and Macroeconomics
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Introduction to Econometrics
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Introduction to Statistics
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Introduction to Mathematical Economics
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Microcomputer Applications in Economics
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Geometry, Calculus, and Advanced Mathematics
Students may also choose to pursue a master degree in economics. A master degree
offers in-depth study and analysis of theoretical concepts,
economic theory, and direct application of various principles to solve
real-world problems. Common courses a master degree program include:
Students who pursue a master degree may also be required to
complete a Master's thesis, and most programs require at least two years of
post-baccalaureate study.
Students may also be required to complete an internship or work-study program as
part of their programs. This enables them to apply their knowledge,
skills, and education for various projects and give them experience for
prospective jobs.
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