Why Major in Economics?

Why Major in Economics at SHSU

You Get More than a Degree with an Economics Major

Understand How the World Works

Students who study economics develop a new way of thinking, observing and understanding everyday choices. Economic decisions made today, and yesterday, can have large and lasting impacts on our nation and determine the state of our physical infrastructure.

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Earning Potential

Economics majors earn 11% more ($43.15 an hour) than other business majors, including finance, accounting, marketing and general business. Get a 17% raise with an advanced degree.[Figure 1]

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Diverse Career Opportunities

Economists can choose from a wide range of employers from government agencies to non-profit organizations to consulting firms and universities. Professional economists work in three basic areas: academics, business, and government.[Figure 2]

  • Consultant
  • Financial Planner
  • Journalist
  • Investment Banker
  • Consultant
  • Foreign Service Officer
  • Researcher
  • Statistician

  • Professor
  • Trade researcher
  • Business management
  • Department of Commerce
  • Federal Reserve Board
  • Department of Labor
  • Treasury Department
  • Department of Agriculture

Job Resource Center >>

Average hourly wage with an economics degree starts at $43.15[Figure 1]
pie chart of industries that hire economics majors[Figure 2. From www.bls.gov]

 

Economists held about 15,400 jobs in 2010, of which 52% were in government. The remaining industries were Management, Scientific and Technical consulting services (13%), Scientific Research and development services (7%) and Other - unspecified (27%)

 


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