Is A Major In Economics Right For Me?
Economics majors take courses in high-level mathematics as well as economic theory and strategy. How do you know if this major is the right choice for you? Take the self-assessment quiz below and find out if your goals align with the economics major.
How many of the following apply to you?
|Do you want to develop strong analytical skills?||Yes or No|
|Do you have strong critical thinking skills?||Yes or No|
|Do you enjoy mathematics?||Yes or No|
|Do you value rational and logical thought?||Yes or No|
|Do you want a better understanding of society and politics?||Yes or No|
|Are you a strong researcher?||Yes or No|
|Do you want to enhance your own financial management skills?||Yes or No|
|Do you want to have far-ranging career options?||Yes or No|
|Do you want to improve your technical communication skills?||Yes or No|
|Would you consider graduate study?||Yes or No|
Find schools that offer these popular programs
- Applied Economics
- Development Economics
- International Economics
What Do These Qualities Tell Me About An Economics Major?
Do you want to develop strong analytical skills?
Economics students will evaluate and analyze large volumes of data in order to draw conclusions about economic trends and patterns.
Do you have strong critical thinking skills?
An economics major will need to be able to think critically about cause and effect, and apply theories such as supply and demand, and other economic principles.
Do you enjoy mathematics?
Math plays a large role in economics, particularly through statistical analysis of data.
Do you value rational and logical thought?
Economics is a science and runs on strict, rational rules. Students in economics should be comfortable with the black and white principles of the field.
Do you want a better understanding of society and politics?
Many of the issues faced in society, from the wage gap to unemployment and poverty, are economic dilemmas.
Are you a strong researcher?
Students of economics must be willing to put in the time to do the research necessary to gather data for interpretation.
Do you want to enhance your own financial management skills?
Studying economics will make students more informed about money management and may improve their personal budgeting ability.
Do you want to have far-ranging career options?
Economics degrees can be applied to a number of different fields following graduation, allowing graduates a wealth of opportunities.
Do you want to improve your technical communication skills?
From writing research essays on economics to explaining complex economic theories to peers, studying economics will give students a firmer grasp on articulating technical information.
Would you consider graduate study?
The skills learned in an economics program can translate well to graduate programs in public policy, law and many more fields that place a premium on strong critical analysis skills.
Choosing To Major In Economics
Did you answer yes to the majority of the questions above? If so, you could be well suited to a major in economics. Economics majors often go on to successful careers in statistics, finance or consulting.