The Hard Work Counts

Monica | future economist

When I grow up, I want to be knowledgeable. I want to stay up-to-date on major events in the world, and I want to be able to discuss and share my knowledge of these events. When I grow up, I want to stay strong in mathematics; after all, mathematics are the basis for almost everything in the world we live in.

The career of an economist fits those two requirements of mine and many more, such as being able to work independently and easily find another career that needs similar skills.

To become an economist, one must have a strong background in math. This includes not only majoring in mathematics in college, but also taking advanced math courses in high school, such as statistics. However, not only is a strong base of math essential, but also an advanced degree in economics, since one must learn how to apply their analytical skills onto real-world issues.

A Master's degree or a Ph. D is typically required for most job opportunities. There will be more competition for bachelors in entry-level jobs. Because many industries rely on data analysis to find economic trends, the demand for economists is increasing, but slowly. While employment of economists in the federal government is predicted to decrease, the demand is expected to increase best in businesses of private industries such as management, scientific, and professional consulting services due to the complexity of global marketing.

Based on what I've learned about this career through research from different websites, I believe that I have understood the basic pros and cons of being an economist and have reached this conclusion:

Although the education for an economist may be rough and long, it's one that will pay off and lead to a stable and balanced life.