Do you have a passion for profit generation and are manic about making money? Do you have a bent toward refining research and raw data into final figures that impact business' bottom lines? If you enjoy following financial trends and predicting market directions and seek a platform upon which to practice these propensities, academic training in Economics may be what you need.
Take a momentary break from your furious figuring and abstract analyses. We are about to embark upon some very concrete study that can help cement your career firmly in place. Class is now in session to explore the vast array of occupational options open to those who earn an online economics degree.
Professional lives of economists
Economists evaluate market activity, consumer behavior, and economic patterns. In so doing, they must develop proper research methodologies such as mathematical models and accurate survey sampling. This insures research validity and compilation efficiency.
Ultimately, this information is used to prepare projections on economic issues such as inflation, interest rates, consumer behavior, employment, and taxes. Economists must know how to present the information they collect and analyze so that the average person can comprehend it.
Economic sub-specialties
When making your choice of an online economics degree program, be aware that Economics study features many subspecialties. A few of these are:
Microeconomics - the study of specific market segments and consumer consumption patterns. Data analyses pertaining to maximizing profits and projecting likely consumption levels of specific goods or services are commonly performed.
Industrial and organizational economics - studies particular industries' market structures such as competitor density and examines competitor decisions.
Macroeconomics - the study of entire economic systems to project future trends such as investment, employment, inflation, and overall economic growth.
Public finance economics - primarily concerned with governmental roles in economies and the impact of taxes, budget deficits, and public benefits policies.
Who employs economists?
Firms that specialize in consulting, research firms, and large corporations commonly employ economists. Consulting firm economists perform a large portion of the macroeconomic projections throughout the entire nation. Major news media and financial journals often report their findings.
The Federal Government is another large employer of economists. Government financial experts frequently advise agencies and lawmakers about the probable economic effects of proposed policies and legislation. Specific examples of this include analyzing likely impacts of tax cuts on the Federal budgetary deficit, or changes to the Social Security program.
Economic rewards of an Economics career
According to Uncle Sam's number crunchers at the Bureau of Labor Statistics, the median salary for economists nationwide was $83,590.00 as of May 2008. As of March 2009, economists employed by the Federal government earned an average annual salary of $108,010.00.
Related occupations
By obtaining an online economics degree, you become qualified for a broad range of related careers that involve many of the same practical skills and theoretical knowledge of economists. Some of the most popular paths pursued by Economics majors are:
Accountants and auditors
Actuaries
Budget analysts
Cost estimators
Financial analysts
Financial managers
Insurance underwriters
Loan officers
Management analysts
Market and survey researchers
Mathematicians
Personal financial advisors
Purchasing agents, buyers, and managers
Statisticians
Typically, Economics degrees at the bachelor's level are sufficient for entry-level positions. Uncle Sam generally requires those seeking entry-level economist positions in his employ to have at least 21 academic credit hours of Economics and three credit hours in Accounting, Calculus, or Statistics. He might waive the latter requirement for those with sufficient prior work experience.
Historical Review of Wall Street Journal
Are you looking for a good quality newspaper? One that has a very reputable reputation and is well respected among readers, journalists and industry leaders? You may be thinking of the New York Times or a foreign publication. When, in fact it is a newspaper published right here in the United States. It is our very own Wall Street Journal.
I consider myself a newspaper "connoisseur," I like to read different newspapers from around the country or international ones. For instance, I like to read the New York Times, USA Today or even the local newspaper. Internationally, speaking I like to read the London Times. To me, out of this eclectic group one newspaper stands head and shoulders above the rest; you may be asking yourself which one it is. The newspaper I am talking about is the Wall Street Journal. I have been a subscriber to the Wall Street Journal for a long time. Later on in the article I will talk more about why I have been such a long and loyal subscriber to this particular newspaper. I want to take a brief amount of time and provide a little background information about the newspaper. The Wall Street Journal is published by Dow Jones and Company. Now, it is owned by News Corporation. News Corp is owned by media mogul, Rupert Murdoch. News corp. bought the Journal in May 2007. In addition, to be being published in the United States, there are Asian and European editions as well. The Wall Street Journal is the largest newspaper by circulation in the United States with 2.1 million copies and 400,000 online subscriptions.
Now, I would like to provide a brief history of the newspaper. The Wall Street Journal is a very old newspaper, it first started publishing in August 1889. That makes the newspaper 121 years old. That is really old, but because of its reputation and respect among different segments of society it is still relevant today, in 2010. I think that is quite an accomplishment. The newspaper was formed by three men in 1889, Charles Dow, Edward Jones, and Charles Bergstresser. The newspaper was originally started in 1882 by these men as a small publication titled Customer's Afternoon Letter. I find it absolutely amazing that it started as a small publication and evolved over the the years and morphed into the powerhouse that it is. It has helped for the paper to morph into a powerhouse by winning thirty three Pulitzer Prizes, the most recent one in 2007.
Now, that I have provided some historical background of my favorite newspaper, I will take some time to explain why it is my favorite newspaper. As I stated earlier in my review, I have been a loyal subscriber tot he Wall Street Journal for many years, and wouldn't give up my subscription for anything. I think now it is even more important than ever to keep abreast of all the economical and financial news. Even though the Journal is best known for its economic and business coverage, it also has national and international news as well. There is also an opinion-editorial section, a book review section and even a weather page.
I consider myself a newspaper "connoisseur," I like to read different newspapers from around the country or international ones. For instance, I like to read the New York Times, USA Today or even the local newspaper. Internationally, speaking I like to read the London Times. To me, out of this eclectic group one newspaper stands head and shoulders above the rest; you may be asking yourself which one it is. The newspaper I am talking about is the Wall Street Journal. I have been a subscriber to the Wall Street Journal for a long time. Later on in the article I will talk more about why I have been such a long and loyal subscriber to this particular newspaper. I want to take a brief amount of time and provide a little background information about the newspaper. The Wall Street Journal is published by Dow Jones and Company. Now, it is owned by News Corporation. News Corp is owned by media mogul, Rupert Murdoch. News corp. bought the Journal in May 2007. In addition, to be being published in the United States, there are Asian and European editions as well. The Wall Street Journal is the largest newspaper by circulation in the United States with 2.1 million copies and 400,000 online subscriptions.
Now, I would like to provide a brief history of the newspaper. The Wall Street Journal is a very old newspaper, it first started publishing in August 1889. That makes the newspaper 121 years old. That is really old, but because of its reputation and respect among different segments of society it is still relevant today, in 2010. I think that is quite an accomplishment. The newspaper was formed by three men in 1889, Charles Dow, Edward Jones, and Charles Bergstresser. The newspaper was originally started in 1882 by these men as a small publication titled Customer's Afternoon Letter. I find it absolutely amazing that it started as a small publication and evolved over the the years and morphed into the powerhouse that it is. It has helped for the paper to morph into a powerhouse by winning thirty three Pulitzer Prizes, the most recent one in 2007.
Now, that I have provided some historical background of my favorite newspaper, I will take some time to explain why it is my favorite newspaper. As I stated earlier in my review, I have been a loyal subscriber tot he Wall Street Journal for many years, and wouldn't give up my subscription for anything. I think now it is even more important than ever to keep abreast of all the economical and financial news. Even though the Journal is best known for its economic and business coverage, it also has national and international news as well. There is also an opinion-editorial section, a book review section and even a weather page.
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