Career Information for Economics Majors

It is important to understand that employers hire people, not degrees. The skills and knowledge you develop as a result of your education, as well as in your work and community activities, have the greatest impact on hiring decisions. Listed below are some key skills and knowledge you will acquire as a result of your university education and your focus on Economics.

Specific Knowledge Skills
Valuable Transferable Skills
Some Career Options for Economics Majors
Potential Employers
Websites

 

Specific Knowledge Skills

  • Analyze factors which determine growth and advise on policies to utilize this information
  • Conduct research and develop models to identify patterns and forecast trends
  • Understand the goals and inter-relationships of government, private and non-profit organizations
  • Knowledge of how resources, such as labour, land, raw materials and wealth are distributed and the ability to analyze, predict and recommend the best allocation of resources
  • Represent information and data in a variety of forms including charts, graphs and tables
  • Design methods of data collection, such as surveys, and gather, analyze and interpret results
  • Assess supply and demand to determine market potential and prepare for future trends
  • Apply complex theories to real-life situations, defining and solving problems


Valuable Transferable Skills

Information-gathering and Communication Skills
  • The skills required to identify and access a wide range of relevant information and resources
  • The ability to compile and organize facts and information and to comprehend and apply new and/or unfamiliar information to different situations and settings
  • Skills in preparing interesting, creative and informative presentations which target diverse audiences
  • The ability to develop effective reports, presentations and materials using current technology

Thinking, Planning and Organizational Skills

  • The ability to learn, understand and interpret information and apply knowledge to new situations
  • The ability to set priorities, meet deadlines and effectively plan/manage time, data and resources
  • Problem-solving skills and the ability to make well-reasoned decisions, think creatively and search for, identify and consider all sides of an issue
  • Skills to effectively analyze and interpret a wide range of information and data to discuss, support and/or reject ideas, opinions, reports, theories and proposals

Teamwork and Management Skills

  • Skills enabling you to work effectively as part of a team by identifying your role and contributing, through leading, teaching, motivating and/or encouraging others, to the success of the team
  • An understanding of how to successfully identify, plan and contribute to the goals of a project
  • The ability to oversee, supervise and/or contribute to a project from beginning to end including determining outcomes, planning details, making decisions, assigning roles and completing tasks

 

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Some Career Options for Economics Majors

Actuary
Policy Analyst
Forensic Accountant
Brand Research Analyst
Internal Bank Auditor
Production Manager
Financial Researcher/Analyst
Real Estate Development
Underwriter Trainee
Lobbying Researcher
Management Consultant
Product Marketing Specialist
Accountant/Auditor
Market Research Statistician
Compensation/Benefits Co-ordinator
Money Market Manager
Securities Trader
Demographer/Pollster
Bank Examiner/Trust Officer
Business Forecaster
Health Plan Administrator
Financial Reporter
Technical Analyst
Consulting Operations Administrator
Loan/Mortgage Officer
Sociological Researcher
Investment Banking Analyst
Advertising Media Planner
Business Consultant
Urban Planning Researcher
Pension Plan Administrator
Market Research Assistant
Manufacturing Manager
Statistician/Sports Statistician
Home Economist
Information Systems Manager
Computer Programmer
Manufacturer’s Buyer
Purchasing Agent
Stockbroker/Trader
Survey Assistant
Assistant Brand Manager
Retail Analyst
Public Affairs Co-ordinator
College Admissions/Financial Officer
Lawyer/Paralegal
TV/Film Producer
Construction Estimator
Telecommunications Analyst
Sports Agent
Quality Control Manager
Labour Relations Researcher
Media Buyer
Agriculture Manager
Traffic Administrator
Controller
Estate Planner
Consumer Affairs Director
Efficiency Expert
Urban/Regional Planner
Underwriter/Claims Adjuster
Insurance Sales
Property Manager
Commodity/Industry Analyst
Pricing Analyst
Manufacturer’s Representative
 

Potential Employers


Banks/Financial Institutions
Stock Brokers/Exchange
Government
Credit Unions
Import/Export Businesses
Statistical Research Firms
Consulting Firms
Manufacturers
Market Research Companies
Newspapers/Magazines
Brokerage Firms
Hospitals
Global Trade Organizations
Insurance Companies
Developers
Retail Stores

 

 Websites

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