Additional Information
If you want to study the economy, be prepared to put in some years at university.
To pursue a career as an economist, a PhD in economics is strongly recommended.
There may be some employment opportunities with a master's degree in economics,
but most opportunities will require a PhD.
"Not many people do much with a master's degree in economics. You either
stay at one level with an undergraduate degree or you go to school for your
PhD," says John Irons, an economist in Cambridge, Massachusetts.
Space in popular programs is limited, especially at the graduate level.
Selection is made on grades, so top marks are essential for anyone wanting
to become an economist. In addition to good grades, a natural aptitude for
learning and ability in mathematics are important.
Topics studied in economics include such things as micro-economic theory,
macro-economic theory, economic history, econometrics, international trade
and finance, public finance, labor economics, monetary theory, economics of
natural resources and growth theory.