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Economics examines how individuals make decisions. More precisely, it analyzes how people address scarcity and the factors shaping their choices. When a business considers hiring someone, what criteria help identify the ideal candidate? If they select one applicant over another, what benefits and drawbacks does that decision entail? Similarly, if the government increases fuel taxes, how might this impact consumer purchases and oil company revenues? As an economics student, you'll develop skills to analyze datasets, draw meaningful insights, and accurately understand their implications.
Economists find employment across government agencies at all levels, serve as corporate advisors, work in finance, and perform analytical roles in both private and public organizations. Those pursuing further education often earn graduate degrees in business, law, or economics.