OVERVIEW : The word economics has come from a Greek term oikonomia, which means household management. Economics is much more than money and its flow. Economic strategy planning plays an important role in every sector. It deals with households, international business organizations and federal governments. Economics deals with the overall money management and resources in an organization.
JOB DESCRIPTION : The job responsibilities vary according to the job titles they possess in business organizations. Some of them are economists, financial analysts, actuaries, budget analysts and market research analysts. Most of the economists' professionals work with the federal government sectors and in the research firms. They use statistical methods to analyze the economic issues.
JOB OUTLOOK : Since the business world is always in demand, job prospects are expected to be good. Bachelor's degree in any of the economics related major can open up some job opportunities. But candidates with PhD or master's degree may get advanced career roles in the competitive job market.
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