We’ve all heard the phrase “money makes the world go round.” If you want to understand why and how that is, get your degree in economics. Often, economics is considered a social science, academically, while still being highly associated with the study of business. It’s heavily reliant on numbers and statistical data, but an education in economics also teaches analytical skills in regards to looking at the narratives that are behind the real-world economy.
At some schools, students will choose to study either microeconomics or macroeconomics, and in other programs these studies can be combined. Economics is used in many professional careers such as banking, politics, and law. With a degree in economics, students will gain skills in both quantitative and qualitative research and become familiar with economic theories. Depending on the capacity of the program, students may be able to take more specialized classes in areas such as labor or healthcare economics.