Students with a keen interest in mathematics and data analysis with a desire to pursue a variety of potential career paths might find that enrolling in an Economic Masters program may open up a variety of opportunities. A Masters in Economics typically comprises advanced education in economic theory and applied economics.
Economics is the field of knowledge that is concerned with the production, consumption, and transfer of wealth. Professionals who study the production and distribution of resources, products and services by collecting and analyzing information, trends and economic issues are Economists. Since most economists need a master’s degree or a PhD in Economics, the degree may be considered a stepping-stone to doctoral level studies or a route for advancement in a current career.
FUN FACT: Microeconomics refers to the study of interactions between individual agents and their markets, and macroeconomics refers to the analysis of the economy as a whole, as well as factors impacting it, such as inflation and unemployment.