10 Best Jobs for People with Economics Degrees

An economics degree opens the door to a broad spectrum of career opportunities, each of which utilizes the analytical, quantitative, and problem-solving skills honed during studies. Economics graduates are attractive to a wide range of employers across diverse sectors. Regardless of your career direction, a well-structured, professional resume will be a valuable asset in securing your desired role. Projects.MBA's Resume Writing Services can help you craft a compelling narrative that showcases your economics training and skills.

1. Economist

Economists study the production and distribution of resources, goods, and services. They collect and analyze data, monitor economic trends, and develop forecasts on a wide range of issues, including energy costs, inflation, interest rates, exchange rates, business cycles, taxes, or employment levels. Economists are employed in various sectors, including government agencies, international organizations, consulting firms, and research institutes.

2. Data Analyst

Data analysts turn numbers into actionable insights. They collect, process, and perform statistical analysis of data. Their skills are employed in decision-making across a range of sectors including finance, healthcare, consulting, or e-commerce. Their ability to extract trends, patterns, and insights from large data sets aligns directly with the quantitative aspects of an economics degree.

3. Financial Analyst

Financial analysts guide businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments. This role requires a solid understanding of economic indicators and market trends, skills that economics graduates possess.

4. Market Research Analyst

Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price. The role combines the understanding of economic behaviors, statistical analysis, and survey design skills often found in economics graduates.

5. Policy Analyst

Policy analysts research and analyze issues that impact the public and recommend policies to address these problems. They could work for governments, nonprofit organizations, or political groups. The job requires strong quantitative and qualitative research skills, which economics graduates typically possess.

6. Management Consultant

Management consultants propose ways to improve an organization's efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues. The analytical skills and ability to solve complex problems, learned during an economics degree, are directly applicable in this role.

7. Actuary

Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. They evaluate the likelihood of events and quantify the contingent outcomes to minimize losses, both emotional and financial, associated with uncertain undesirable events.

8. Accountant

Accountants prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. The strong quantitative focus of an economics degree can be useful in this role.

9. Supply Chain Analyst

Supply chain analysts evaluate and oversee the movement of goods from manufacturers to consumers. They analyze data to identify and target inefficiencies in the supply chain. The role requires a combination of data analysis skills and understanding of economic principles, both central to an economics degree.

10. Economic Consultant

Economic consultants use analytical and research skills to carry out studies regarding economic scenarios. They analyze industry trends to help organizations improve their performance. They may work for organizations in a range of sectors including business, finance, government, or academia.

An economics degree provides a broad base of skills and knowledge applicable to many jobs in the economic and financial sectors. Remember, presenting your skills and experiences effectively is crucial when applying for any job. If you need assistance, consider the Resume Writing Services offered by Projects.MBA. A well-crafted, professional resume will give you a competitive edge in your job search.