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In the private sector, which accounts for about 80 percent of jobs, entry-level positions as personal bankers, investment performance analysts, strategy and finance analysts, and consumer strategy analysts are a few of the occupations that await you. Other related occupations are financial managers, financial planners, insurance underwriters, actuaries, credit analysts, loan officers and budget analysts.

Government agencies are excellent places for young economists. Again, these positions cut across a variety of fields. Of the federal agencies, the Departments of Agriculture, Labor, and Commerce hire the most economists. The Federal Reserve Bank or central bank of the United States, which develops monetary and financial policy, also hires young economists. If you are interested in economic development, Dr. Willene Johnson, U.S. executive director of the African Development Bank (ADB), tells us that you might work at her organization, a large international institution founded by Africans to improve the well being of Africans. Economists at ADB work on educational, water resource and agricultural issues and operate interdisciplinary teams that design and oversee development projects.

Entry-level positions in the non-profit sector exist in grass roots organizations and "Think Tanks." The latter perform research to support public policy positions, consequently spanning the political spectrum. Professor Myers finds that "students with strong economics backgrounds, who decide to go into public or non-profit sector jobs as policy analysts, planners, managers or administrators, generally discover they rise to the top of the crowd because their skills give them a comparative advantage and they can contribute in unique ways to problem solving."

Overall, the outlook for economists looks good. According to the Bureau of Labor Statistics, in 1999, the average annual salary was $61,550, with the typical entry-level wage ranging from $25,000 to $35,000. Employment of economists is expected to grow at about as fast as the average for all occupations through 2008, with the largest growth in the private sector: research, testing and consulting firms.

Entry-level positions in the non-profit sector exist in grass roots organizations and "Think Tanks." The latter perform research to support public policy positions, consequently spanning the political spectrum. Professor Myers finds that "students with strong economics backgrounds, who decide to go into public or non-profit sector jobs as policy analysts, planners, managers or administrators, generally discover they rise to the top of the crowd because their skills give them a comparative advantage and they can contribute in unique ways to problem solving."

Overall, the outlook for economists looks good. According to the Bureau of Labor Statistics, in 1999, the average annual salary was $61,550, with the typical entry-level wage ranging from $25,000 to $35,000. Employment of economists is expected to grow at about as fast as the average for all occupations through 2008, with the largest growth in the private sector: research, testing and consulting firms.

Entry-level positions in the non-profit sector exist in grass roots organizations and "Think Tanks." The latter perform research to support public policy positions, consequently spanning the political spectrum. Professor Myers finds that "students with strong economics backgrounds, who decide to go into public or non-profit sector jobs as policy analysts, planners, managers or administrators, generally discover they rise to the top of the crowd because their skills give them a comparative advantage and they can contribute in unique ways to problem solving."

Overall, the outlook for economists looks good. According to the Bureau of Labor Statistics, in 1999, the average annual salary was $61,550, with the typical entry-level wage ranging from $25,000 to $35,000. Employment of economists is expected to grow at about as fast as the average for all occupations through 2008, with the largest growth in the private sector: research, testing and consulting firms.

Finally, an economics degree strengthens your candidacy to professional school. The tools of economists are useful in the study of law, public policy, and business. Law students use the Coase Theorem to resolve property rights conflicts. Public policy students use benefit-costs analysis to decide whether a project should be undertaken. Finance scholars utilize portfolio theory to make investment decisions. All rely on statistical analysis. So you can see, economics has few boundaries.