Why You Should Get a Degree in Applied Economics, Agricultural Economics and Economics
Besides being exciting and interesting majors, it is because that's where the jobs are!
- "Employment of economists and marketing research analysts is expected to grow faster than the average for all occupations." From Bureau of Labor Statistics, Occupational Outlook Handbook.
- “Among college graduates who do not earn advanced degrees, economics majors generally earn more than similar individuals with other majors.” From Economic Inquiry, July 2003, p. 365.
- If you want to get additional business or legal education, recent studies confirm that students who enter MBA and law programs after earning a bachelor's degree in Economics or related fields perform better on average than students who earned a bachelor's degree in business: “Among individuals who pursue graduate degree programs in business and law, economics majors earn more than undergraduate majors in most other academic disciplines.” From Economic Inquiry, July 2003, p. 365. “Economics training increases a lawyer’s human capital compared with other undergraduate majors.” From Journal of Economic Education, Summer 2003, p. 263.
- The most recent US Department of Agriculture data shows that there will be more job openings in agricultural and food industries than college graduates for financial specialists, marketers, sales, and merchandisers. In contrast, in science and engineering, social services, and agricultural production, there will be more qualified graduates than positions. Graduates who manage companies that produce value-added food products and market their products will see expanding employment opportunities. Make sure you are one of them by getting a degree in agricultural economics and management, agribusiness, or environmental and resource economics and management.
A degree in Economics or related fields can provide you with many valuable skills needed for specific careers in both private industry and the government. For example, your job may require that you conduct cost/benefit and environmental impact studies, create microeconomic scenarios for market penetration and competition, develop forecasts of key economic variables for planning, develop strategic plans to compete with firms in foreign markets, apply resource allocation models to manage personnel and resources. More, generally, an understanding of how the economy works, how firms compete, and how demand and supply shape the marketplace serve as foundations for virtually any career.
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