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Economics is the study of how, commerce, employment, demand and supply function both at social and on global levels. Economics is in many ways quite literally a study of how the world works, or in some cases doesn't work. This is why most controversial of the social sciences and in some senses is becoming one of the more creative sciences. The rise of the global economy has completely changed basic principles of economics, superimposing a gigantic global market on economic theories which have had to be drastically amended and reworked to deal with this issue. Career path Study for economics qualifications actually begins in high school, using a range of selected studies as precursor requirements for tertiary education. Typically, economic degrees to cover the three standard academic levels of Bachelors and Masters degrees and Ph.D. level, with some postgraduate applications. |
At employment level, internships are generally required initial levels of experience, and also extremely necessary in terms of practical applications of economics in the real world. Generally speaking, areas of employment will include government, finance, trade, and some commercial business applications, with a limited number of academic positions also possible avenues of employment.
Career progression
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Because economics is becoming a major science, the diversity of career choices for economists can be quite daunting. The best way to approach career progression and career goals is to look realistically at career dynamics. For economists, career progression is based very much on a combination of achievement, areas of expertise and qualifications. Economics is in some ways an 'portfolio career', and areas of specialization are particularly relevant to career progression in any form. An economist specializing in employment, for example, will naturally gravitate to a range of positions potentially across the entire economic spectrum of employment and related fields, notably policy and demographics. |
You can be absolutely certain that a career as an economist will never get dull. The good news for aspiring economists is that this is a unique period in history economically. New economic concepts and paradigms are being created on an almost daily basis, and the demand now is for original thinking and problem-solving on a massive scale. Indications are that the global economy needs creative thinkers, and even new analytical methods to deal with the emerging economic issues.
