Education is a crucial component to preparation for an economics career. Entry-level positions in the field require a bachelor’s degree in a relevant field of study. For entry-level jobs with the Federal Government, candidates need a bachelor’s degree with at least 21 hours in economics coursework and three hours or more in courses in mathematics, statistics, accounting or calculus.
Master’s and Ph.D. degrees are the requirement for many advanced-level economics positions in the private sector. These degrees are also critical for those looking for advancement opportunities within the field.
Economics degrees at all levels are enhanced with coursework or experience in related fields, such as:
- Mathematics
- Statistics
- Econometrics
- Sampling theory and survey design
- Computer science
Many economics programs at universities also serve as a useful resource for students searching for internships or part-time work in real-world economics practices. This will help students improve their skills in gathering and analyzing real data, conducting interviews or surveys, and writing reports.
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