Economists
Career Snapshot
Money is thought to make the world go round. Economists are the people who examine how and why this happens. Because the global economy is the lifeblood of all people on the planet, economics - the study of the economy - is critical. The global economy's increasing complexity, rivalry, and rising reliance on quantitative analysis of corporate and political trends all indicate the need for economists.
Politics, the stock market, business and labour markets, international commerce, demography, and technological advancement are just a few of the topics that economists are interested in. They seek answers to problems caused by the movement of people, goods, and capital. They conduct study on issues such as energy costs, inflation, interest rates, import and export volumes, and employment trends using economic modelling and forecasting tools.
Economists are used by governments to develop economic policies and standards. That means economists could be called to testify in front of Congress and other legislative bodies. Strong research and problem-solving abilities are required. You must be able to write up your findings and recommendations in addition to collecting and evaluating data.
A bachelor's degree is required to become an economist, although a master's degree or even a Ph.D. is more common. Economics has been dubbed "the grim science" due to its emphasis on research and data, but for those seeking to understand the complexities of how humanity creates wealth and prosperity, economics can be intriguing.