When you major in economics you will learn about the consumption, distribution, and production of wealth, including why and how a group of people choose to use their resources. Many accredited colleges offer an online associate’s, bachelor’s, master’s, and even certificates in economics, allowing you to complete your coursework anywhere in the world. An online degree in economics will give you the skills you need to succeed in a great number of different career fields.
From a financial standpoint, economics is a great degree to pursue. Local and international businesses, nonprofits, government agencies, and educational institutions all hire graduates in economics. Companies typically hire candidates who are able to utilize their analytical and critical thinking, knowledge of cost theory and market value, as well as budgeting, policy analysis, statistics, and other financial skills. Learning how to invest time and money effectively will qualify you as a top hiring asset for businesses looking to reduce costs and be sustainable. While learning about micro and macroeconomics, you will gain a strong understanding of both the local and global economies. After graduating with a bachelor’s, you can go on to take more advanced courses during graduate study in an online setting as well.
Because successful economics majors have a wide variety of skills, there are many different job titles that you can apply for when looking for work besides just being an economist, including financial analyst, high school economics teacher, accountant, stockbroker, statistician, and insurance agent. The average starting salary for those who graduate with a bachelor’s in economics is over $55,000. So no matter which career path you choose, you can rest assured knowing that after you graduate there will be a vast amount of employment opportunities out there for you.
If you excel at both concrete and abstract thinking, the sciences and the arts, then economics is a great degree to pursue. With all of the accredited colleges that offer any level of education in economics that you need all online, in your own home, and while you work full time. If you think economics is boring now, consider taking some online electives to help you discover just how interesting it can be.