
Department of Economics
Careers in Economics
The pure scholar may say that the deeply satisfying
sense of understanding that economics
conveys is enough, but most of us also have to
make a living. Many employers recognize the
advantages of hiring people trained in the
economic way of thinking.
Job opportunities for economists are increasing
in private industry and in research and
consulting firms. In business, economists use
their abilities to analyze and present both verbal
and statistical information on the marketing and
pricing of products, adding new lines of
merchandise, opening new branches or plants,
forecasting market conditions, and estimating
the impact of government regulations.
Government agencies recognize and value the
same abilities, and seek economists to analyze
economic conditions and estimate the effects of
proposed changes in public policy. The wide
range of fields in which government economists
work includes agriculture, business, environment,
finance, labor, transportation, utilities and international
trade. The U.S. Department of
Commerce, the Federal Trade Commission, and
the U.S. Department of Agriculture are three of
the many federal agencies that hire economists.
A bachelor’s degree with a major in economics is
sufficient for many beginning management,
marketing and research positions in the private
sector. The federal government requires applicants
to have 21 credits of economics, calculus, some
accounting, and at least 3 credits of statistics.
Some recent graduates who were Towson
economics majors are employed as:
Financial Adviser, Legg Mason Wood Walker, Inc.
Loan Officer, Point Breeze Credit Union
Economist, U.S. Bureau of Labor Statistics
Inventory Production Analyst,
Sherwin-Williams Company
Research Assistant, Congressional Budget
Office
Student Judge Advocate, U.S. Marine Corps
Research Assistant, Heritage Foundation
Senior Software Quality Engineer, AAI Corp.
The study of economics is excellent preparation
for graduate work in many fields,
including business, law, and, of course,
economics. Towson University’s economics
majors have pursued graduate degrees at
Cornell University, University of Chicago, The
Johns Hopkins University, Purdue University,
University of Virginia, University of Rochester,
and other nationally ranked schools.
Department of Economics
Stephens Hall, Room 103
Phone: 410-704-2959
Fax: 410-704-3424
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