Dr. Michael NelsonWHAT CAN I DO WITH AN ECONOMICS DEGREE?

The Economics department offers two undergraduate degrees – a Bachelors’ of Arts in Economics and a Bachelors’ of Science in Labor Economics - and one graduate degree – a Masters’ of Arts in Economics.

With an economics degree you can do "anything you want to do" or "anything which requires analytical and problem solving skills." You will have an important skill that differentiates you from others. It is needed in both the business and the private sector and government and the public sectors, which gives you flexibility.

The U.S. Bureau of Labor Statistics'Occupational Outlook Handbook (2012-2013 edition) concludes that employment of economists will grow to 6 percent from 2010 to 2020. Candidates who hold a master's degree in economics will have the best employment prospects and advancement opportunities.

Here is a list of major areas in which our graduates and other economic graduates have been employed.

WHAT WILL I BE PAID WITH AN ECONOMICS DEGREE?

The National Association of Business Economists (NABE) in their April 2010 survey summarized the starting salary for entry-level economists, shown in the following table:

Degree                

Median Starting Salary For Economists

Bachelors'
Masters'
Ph.D.
$50,000
$58,000
$85,000
Source: National Association for Business Economics, Salary Characteristics, 2010