5 answers
Grace
Student
Huntingtown, Maryland
3
Questions
Asked
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What careers are most conducive with an interest in macroeconomics?
Realistically, besides academia, how could I use my interest in resource distribution & large-scale interactions in a career setting?
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5 answers
Christopher Brozyna
Economist
6
Answers
St. Louis, MO
Updated
Christopher’s Answer
Hi Grace,
I would highly recommend you check out careers at the U.S. Federal Reserve banks. That is the pinnacle of macroeconomics work and research and plays a key role with businesses and the local communities they represent. In addition, you should look into government jobs with the U.S. Federal government (such as in the Department of Commerce and Department of Labor based on your interests), or New York's city government (as well as some state governments which pursue macroeconomic research).
I would highly recommend you check out careers at the U.S. Federal Reserve banks. That is the pinnacle of macroeconomics work and research and plays a key role with businesses and the local communities they represent. In addition, you should look into government jobs with the U.S. Federal government (such as in the Department of Commerce and Department of Labor based on your interests), or New York's city government (as well as some state governments which pursue macroeconomic research).
Katrin Ziegler
Sr. M&A Manager
3
Answers
San Francisco, California
Updated
Katrin’s Answer
Hello Grace!
After completing my master's degree in economics, I've noticed that my fellow graduates typically gravitate towards three main career paths:
1. Academia - As you've already mentioned, many choose to continue their studies or become educators in the field of economics.
2. Public Sector - This includes positions in federal reserve banks, government ministries and institutions, political roles, and international organizations like the United Nations. Non-profit organizations are also a popular choice for economics graduates.
3. Private Sector - Depending on the type of large-scale involvement you're interested in, global corporations offer a wealth of opportunities. This could range from roles in supply chain management, pricing, mergers and acquisitions, to global strategy. Additionally, health insurance companies often have excellent opportunities in health economics.
From my experience, most of my peers who studied economics had a clear idea at some point whether they wanted to pursue a career in academia. If they decided against it, they then had to choose between the private and public sectors.
After completing my master's degree in economics, I've noticed that my fellow graduates typically gravitate towards three main career paths:
1. Academia - As you've already mentioned, many choose to continue their studies or become educators in the field of economics.
2. Public Sector - This includes positions in federal reserve banks, government ministries and institutions, political roles, and international organizations like the United Nations. Non-profit organizations are also a popular choice for economics graduates.
3. Private Sector - Depending on the type of large-scale involvement you're interested in, global corporations offer a wealth of opportunities. This could range from roles in supply chain management, pricing, mergers and acquisitions, to global strategy. Additionally, health insurance companies often have excellent opportunities in health economics.
From my experience, most of my peers who studied economics had a clear idea at some point whether they wanted to pursue a career in academia. If they decided against it, they then had to choose between the private and public sectors.
Cormac Hawney
Auditing/Public Accounting
2
Answers
Houston, Texas
Updated
Cormac’s Answer
Hello Grace!
I embarked on my academic journey with a major in economics during my undergraduate years, and I was so captivated by it that I pursued further studies in graduate school, ultimately earning a master's degree. My passion didn't stop there, I decided to broaden my horizons by acquiring my CPA credential, for which I undertook several accounting courses. When I ventured into the job market within my chosen field, public accounting, my lack of an accounting degree wasn't a hindrance. My economics background has empowered me to be a well-rounded business professional. So, in response to your queries, the possibilities are more abundant than you might have initially perceived, which is absolutely fantastic!
While completing my graduate studies in economics, I seized an internship opportunity with the Bureau of Labor Statistics in Washington D.C. This was an enlightening experience, as I was part of a team tasked with compiling unemployment data, a critical macro indicator in our current financial markets.
Remember, the road ahead is filled with opportunities, so embrace your journey with confidence. Best of luck, Grace, and remember, you have a world of options at your fingertips!
I embarked on my academic journey with a major in economics during my undergraduate years, and I was so captivated by it that I pursued further studies in graduate school, ultimately earning a master's degree. My passion didn't stop there, I decided to broaden my horizons by acquiring my CPA credential, for which I undertook several accounting courses. When I ventured into the job market within my chosen field, public accounting, my lack of an accounting degree wasn't a hindrance. My economics background has empowered me to be a well-rounded business professional. So, in response to your queries, the possibilities are more abundant than you might have initially perceived, which is absolutely fantastic!
While completing my graduate studies in economics, I seized an internship opportunity with the Bureau of Labor Statistics in Washington D.C. This was an enlightening experience, as I was part of a team tasked with compiling unemployment data, a critical macro indicator in our current financial markets.
Remember, the road ahead is filled with opportunities, so embrace your journey with confidence. Best of luck, Grace, and remember, you have a world of options at your fingertips!
Jason Flint
Crisis Response and Workplace Experience
54
Answers
Alpharetta, Georgia
Updated
Jason’s Answer
Hi Grace,
I would suggest something like supply chain management for a company that manufactors or sells goods or operations management for a logistics company. Both are areas in our society where supply and demand are on full display.
I would suggest something like supply chain management for a company that manufactors or sells goods or operations management for a logistics company. Both are areas in our society where supply and demand are on full display.
Rylee Schwee
Tax consulting
9
Answers
San Francisco, California
Updated
Rylee’s Answer
Hello Grace! I suggest that you explore employment opportunities within the government sector. Typically, these roles tackle big-picture issues that might pique your interest. Major corporations also provide a broad perspective on business operations that could be beneficial for you. Consider undertaking an internship or conducting some research into these career paths. This could assist you in refining your choices.