So you have a bachelors or master’s degree in economics but you’re not sure which career path to follow. Economics is the study of how our economic system works and the effect that the economy has on various aspects of society. Before you choose a certain career you need to ask yourself if you’re skilled for the position, if you have a passion for it, and if you’re able to be financially stable in the job you choose. Talk to your economics professors and inquire about the best jobs to have with an economics degree based on what the professors know about you as a former student.

Banking

If you love working with money and helping others manage money well, then banking is for you. You can start out as a bank teller then work your way up as a loan officer, loss and prevention manager, customer service representative or even a bank branch manager. Financial planners fall under the banking sector and in this job you are responsible for helping clients manage their finances through a detailed plan that is suitable for their needs.

Freelance Personal Finance Writer

If you love to write and have an economics degree, you should become a freelance personal finance writer. You can write articles on ways people can prepare for retirement, solutions for eliminating debt, student loan information, and tips on purchasing or selling homes. You might also interview some personal finance experts to add credibility to your work.

High School Economics Teacher

For those interested in education, you can teach economics to high school students. You would talk about how free enterprise works and how this affects the way people work, operate businesses and purchase things on a daily basis. This gives students a better understanding of capitalism and it can help them become more financially literate as adults.

Government Researcher

Government researchers work for various federal and state agencies and they often perform research on the nation’s economy for the purpose of helping government officials understand it and make changes to public policy that would improve the nation’s citizens financially. Researchers need to be detail-oriented, factual and ethical in their work. Sometimes these researchers may conduct surveys and interviews.

In conclusion, economics is a broad subject and therefore the career possibilities in this field are numerous. Don’t be afraid to create your own niche when trying to seek a career in economics and stay positive during the job search process.