Studies how people, businesses, and governments use money and resources—and predicts what happens next.
Pulls together data on prices and wages, builds a model forecasting inflation, and writes a short memo explaining what it means for interest rates.
BLS May 2024.
Master's degree, about 6 years after high school. Master's in economics for most jobs; PhD for research and academic roles.
Ways in: 4-year college, Graduate school. Training cost: $60k – $150k.
Majors to look at: Economics, Mathematics, Statistics.
Growing slowly (about 1% over 10 years). BLS 2024-34.
Medium risk for 10 years. AI pulls data, runs models and drafts memos, so juniors do less grunt work; framing the question and judgment matter more.
Classes: AP Macroeconomics, AP Statistics, AP Calculus.
Official data: O*NET occupation 19-3011.
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