Economics may be described as a field that studies the behavior of people, households, and organizations, and how economic factors manage scarce resources. Economies all over the world are constantly struggling to utilize resources at an optimal level. This field has been offered as an academic discipline to students for decades. Many schools are offering associate, bachelor, and master's degrees in economics. Pursuing economics as a major may lead to career opportunities in many federal agencies and private organizations.
Associate's Degree in Economics
An associate's in economics degree program prepares students for entry-level work in organizations, and students may earn this degree at a community college. This is an undergraduate degree that may be pursued after high school. The main focus of an associate's degree program is building a foundation of fundamental knowledge. Most students pursue this degree to build a solid foundation of economic-related knowledge that will prep them for advanced studies ahead.
The coursework may vary at each community college, but is aimed at the common goal of providing students with a sound understanding of economics and its principles. In this program, students will explore various economic trends, policies, and concepts. It is important for students to be able to identify economic issues of today and what problem-solving techniques are being used. Economics is a broad field that covers a range of topics. Students enrolled in this program are most likely to cover fundamental topics such as the following:
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Macroeconomics
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Microeconomics
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International business
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Principles of finance
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Research and writing
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Supply and demand
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Social science
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Labor economics
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Scientific reasoning
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Communication skills
Students may also be required to take part in project assignments and case studies. Courses are designed to enhance skill development, and build communication skills, analytical skills, problem-solving skills, and decision-making skills. Each component of the program will carry a number of credit hours that must be earned for completing the degree program. It is recommended that you seek information about courses from prospective schools.
Students may now choose to earn their economics degrees online. The growing trend of online learning has encouraged many schools to start offering online economics associate's degrees. This mode of learning is flexible and allows students as well as full-time working professionals to study from their homes.
Career Opportunities
An economics associate's degree may lead to many assistant-level jobs in the field. Most economics careers demand at least a bachelor's degree. Economics majors work in a variety of industries and agencies. The Homeland Security Department, transportation department, and agricultural department are just a few of the places where you could apply for a job. You could also enroll in an internship program or work with senior professionals in the field of economics. The income level will depend upon a number of factors: your area of specialization, skill set, work experience, and education. According to the US Bureau of Labor Statistics, economists made a median income of $91,860 in 2012. To advance towards more high paying careers in economics, it is recommended you continue your education to earn a bachelor and master's degree.