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Economics Degree & Training Colleges

Economics is a wide field that encompasses applied sciences and economics. Economists analyze statistics and data for the government or corporations and look for certain indications of economic trends. They also create economic forecasts from the spotted trends so as to protect the financial interests of their employers. To become an economist, you must first obtain a Bachelor's Degree in Economics. Remember to include good oral communication and writing classes in your electives. Secondly, become proficient in using economics-related software, conducting interviews and surveys, and writing reports. Thirdly, you should realize that you have to achieve a Master's Degree or a Ph.D. to obtain an entry-level position to prepare for advancement. Next, visit a Graduate School Program's Web site like gradschools.com to get a list of schools which offer graduate degrees in economics. Find schools where you can get your economics degree today and get enrolled in school.

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Economics Training

A job within the economic sector will require the ability to apply statistical logic and economic reasoning to a given situation. According to the Bureau of Labor Statistics report, economists received a median yearly wage of $83,590 in 2008. The BLS also states that many job seekers with a PhD in economics have the best prospects of getting hired as economists. One can become an economic journalist in this field by working for newspapers and radio stations to provide them with insight about the economy. The salary of an economics journalist, according to indeed.com in 2010, is about $54,000.

Forex traders often trade currency on the open market for banking institutions, individuals and governments. They act quickly to capitalize on the small fluctuations that arise with the change of currencies in an attempt to gain a profit. Business Forex traders, also referred to as Currency Speculators, normally apply their knowledge about international markets to predict the circulated movement of a currency. Large investment firms and banks typically hire students from business schools upon obtaining their MBA. According to Payscale.com, the salary of a currency trader ranges between $60,552 and $136,751.

Economics Colleges & Universities

Hospitals, the government and pharmaceutical companies hire economists, known as healthcare economists. They analyze the financial impact and many other consequences of legislation, a product or corporate policy. Healthcare economists also analyze statistical data and later use the information to look for ways to lower costs. In order to obtain the position of a healthcare economist at a hospital or an insurance company they require the candidate to have at least a Bachelor's Degree in Economics, strong communication skills, experience in statistics programs such as citrix or excel and experience in a healthcare section such as medical billing.

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