Cleveland State University

Economics is a social science that seeks to model the behavior of economic agents (consumers, workers, firms, and government agencies) in an effort to explain the production, distribution, and consumption of goods and services in a world where scarcity exists. Economists develop theoretical models to explain and predict economic outcomes and test these predictions using advanced statistical techniques. Topics include the choice of production technologies, wage inequality, schooling decisions, inflation, unemployment, and many other economic phenomena that affect the lives of everyone in our society.

WHAT CAREERS CAN THIS MAJOR PREPARE YOU FOR?

Students go on to Masters and PhD programs in Economics, Accounting, Finance and other related fields, pursue a law degree, or work in a variety of different jobs. Career paths for students with a degree in Economics include, but are not limited to: Actuary, Budget analyst, Credit analyst, Economic analyst, Financial advisor, Financial analyst, Healthcare analytics specialist, Market analyst, Mortgage loan associate, Pricing analyst, Real estate analyst, Statistician.

WHAT SKILLS ARE DEVELOPED WITHIN THIS MAJOR?

The Economics major develops students' analytical, communication, and quantitative skills, including the ability to analyze and interpret data from a variety of sources and in different settings. Students learn how to analyze and solve problems and to critically assess solutions to economic problems.