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Why I want to study economics.

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Introduction

Xilma Tirado Fernando Magallanes Career November 3rd, 2003. ECONOMY One of the most important things in life is to decide what you want to do. When you finish high school. Most people say that after high school real life starts. People's life's can change drastically at that point. So deciding what you want to study for the rest of your life is pretty stressing. What career should I pick for the rest of my life? After thinking thoroughly on my career choice I decided to study economies. Why did I pick economics? Maybe because I want to work with money through out the world. Economy is a port of life that everyone encounters. It's a real strong point in business through out the world. Economy can be studied in many universities through put the world. It is mainly though the schools of business. To obtain the degree it takes a period of four to six years depending the institute you attend. After completing the Economics degree it is recommended to obtain your Master's degree. There are different areas of economy, which you can study on. Depending on the Institute you attend the choices vary. ...read more.

Middle

They may study areas such as how the dollar's fluctuation against foreign currencies affects import and export levels. The majority of government economists work in the area of agriculture, labor, or quantitative analysis; however, economists work in almost every area of government. For example, economists in the U.S. Department of Commerce study production, distribution, and consumption of commodities produced overseas, while economists employed with the U.S. Bureau of Labor Statistics analyze data on the domestic economy such as prices, wages, employment, productivity, and safety and health. An economist working in State or local government might analyze data on the growth of school-aged populations, prison growth, and employment and unemployment rates, in order to project future spending needs. Working conditions Economists and market and survey researchers have structured work schedules. They often work alone, writing reports, preparing statistical charts, and using computers, but they also may be an integral part of a research team. Most work under pressure of deadlines and tight schedules, which may require overtime. Their routine may be interrupted by special requests for data, as well as by the need to attend meetings or conferences. ...read more.

Conclusion

Starting salaries were slightly higher in selected areas where the prevailing local pay was higher. The average annual salary for economists employed by the Federal Government was $74,090 a year in 2001. Median annual earnings of market research analysts in 2000 were $51,190. The middle 50 percent earned between $37,030 and $71,660. The lowest 10 percent earned less than $27,570, and the highest 10 percent earned more than $96,360. Median annual earnings in the industries employing the largest numbers of market research analysts in 2000 were as follows: Computer and data processing services $61,320 Management and public relations 44,580 Research and testing services 43,660 Median annual earnings of survey researchers in 2000 were $26,200. The middle 50 percent earned between $17,330 and $47,820. The lowest 10 percent earned less than $15,050, and the highest 10 percent earned more than $71,790. Median annual earnings of survey researchers in 2000 were $52,470 in computer and data processing services and $18,780 in research and testing services. In conclusion I feel that Economy is the right choice for me. The research I did for the career makes me feel more competent towards this subject. I hope I enjoy working in the Economy field the rest of my life. Bureau of Labor Statistics .bls.gov Tirado 1 ...read more.

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