Economics Degree Information - Master Degree Review

Published Jan 03, 2007

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A Masters Degree in Economics will increase your chances of advancing your career. With a Masters degree in Economics you will find managerial employment opportunities in domestic or international organizations.

Summary of the Economics Degree Program

With a Masters degree in Economics students will be able to seek employment in government or industry. You will study economic theory and learn how to develop economic growth. Students may choose to specialize in urban economics, statistical economics or agricultural economics. Careers in economics are demanding and competition is steep. In trying to advance your career with a Masters degree in Economics you will need to be able learn to analyze charts and statistics. The foundation of your career will rest on your ability to think critically and to problem solve in a business setting. You will be expected to make informed decisions and to guide clients in financial matters.

Specific Skills You Will Learn

As an Economics professional you will work in the business industry. You will be trained to analyze, to think critically, and to problem solve. You will study human behavior to determine patterns or trends in economic growth. Graduates will learn about how the distribution of goods and services relates directly to population consumption. As an Economist you will be expected to know the fundamental concepts of running a business. You will encounter an intensely competitive workforce.

Typical Coursework

Though coursework will vary depending on the college you choose, common areas of study in an Economics degree program include:

  • Public Finance
  • International Trade
  • Industrial Organizations
  • Labor/Human Resources

Career Related Information

Career Fields You Will Be Prepared to Enter

In choosing to earn a degree in Economics you will be entering into a challenging career. Future Economics graduates working in their field will be recognized for their ability to understand how money is made. Success in your career will hinge on your ability to teach people how to use their limited resources to make the most money. You may find employment in think tanks, research firms or in consulting.

Occupational Outlook For Economics Degrees Including Salary Information

According to, the national annual median wage for a Corporate Economist varies from $81,301 to $116,179. Your salary will depend on the size of the company and region in which you are employed. According to, careers in Economics are growing.

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