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How Your Economics Major Prepares You for the Professional World and Graduate School
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How Your Economics Degree Has Prepared You for the World of Work and Graduate School
Technical Skills
- Facility with data analysis programs such as Excel, Stata, and SAS
- Creating charts and graphs to summarize data
- Performing simple statistical analyses
- Assessing the credibility of empirical evidence
- Developing presentations with appropriate visual aids such as PPT
- Using simple mathematics to help solve problems
- Developing simple models that capture key features of problems to be solved
Analytical Skills
- Developing rigorous arguments
- Recognizing defective arguments
- Problem-solving
- Developing a course of action to maximize the achievement of a goal
- Predicting the consequences of alternative courses of action
- Analyzing the consequences of exogenous events such as changes in climate, government policy and technology on the market prices of different inputs and outputs, the well-being of individuals, the profits of private businesses, and the activities of nonprofit organizations
- Assembling information relevant for solving problems
- Building generic logic and analytics skills to examine the big picture
Communication Skills
- Clear and concise writing
- Verbal communication
- Public speaking
Other Skills
- Time management
- Persistence