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Economics: "Why my major matters?" by Sarah Blaase and Sloane Levin (from Western Courier, 28 September 2012)   "Economics is interesting, plain and simple. Why do we, as consumers, buy certain products? Why does the government enact certain policies or decide to raise taxes? Questions like these demonstrate why economics is all about the study of choice. We chose to major in economics because the job opportunities are seemingly endless.   Career options for economics majors vary with lucrative opportunities in finance and banking, health care, government agencies, sales and marketing, and even the sports world has a place for economics.   Economics is not only important for our careers, but on a personal level as well. Having a strong understanding of the subject will help us become financially smarter, better consumers and more informed voters. The logic and analytical skills developed throughout the undergraduate experience are also great preparation for graduate school.   Lastly, economics is fun. Trust us and read "Freakonomics," or watch "Moneyball." As mentioned, economics provides the necessary skills to prepare one for success in graduate school or the job market. Some of the most successful businessmen like Warren Buffet and Sam Walton had degrees in economics.   Economics will simply help you better understand how the world works. Western Illinois University has a great economics department, and we encourage all students to take an economics course or attend an Economics Student Association (ESA) meeting to find out more information."




CAREER PROSPECTS Highest-paying majors: Economics WSJ: From College Major to Career msn.com: 10 jobs that pay $85,000

 

Economists: What they do? (from: careers.msn.com) Economists study the production and distribution of resources, goods and services and apply economic analysis to issues in a variety of fields, such as education, health, development and the environment. Some economists study the cost of products, health care or energy. Others examine employment levels, business cycles or exchange rates. Still others analyze the effect of taxes, inflation or interest rates. Median annual pay: $89,450

 

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