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Economics Degree Majors

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:

  • Public Policy
  • Quantitative Analysis
  • Micro- and Macroeconomics
  • Money, Finance, and Banking Systems
  • Comparative Economic Systems
  • 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:

  • Financial Planning

  • Economic Analyst

  • Production Analyst

  • Marketing Assistant

  • Account Executive

  • Financial Advisor

  • Commercial Credit Analyst

  • Auditor

  • Treasurer

  • Equity Trader

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:

  • Principles of Microeconomics and Macroeconomics

  • Introduction to Econometrics

  • Introduction to Statistics

  • Introduction to Mathematical Economics

  • Microcomputer Applications in Economics

  • 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:

  • Advanced Micro- and Macroeconomics

  • Quantitative Analysis and Reporting

  • Econometrics

  • Advanced Statistics

  • Advanced Calculus

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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