Work of an Economist

Work of an Economist

Like Science and Maths, Economics is also considered an evergreen subject. Economics is the branch of social science under which the study of goods and services production, distribution, regulation and consumption.

The help of economics is taken to understand the economy of the country. In this context, students take maximum interest to pursue a career in economics.

Today in this article we are going to tell you how to become an economist?

First of all, we will know what is the work of an economist? How does the economy of a country function? And how is the economic relation of different sections in the society?

Knowing the basic principles of economics, after analyzing the economic phenomena in various fields, the policy conclusions used are business banking, insurance, foreign trade, agricultural industry, treasury monetary analysis as well as evaluation of changes in the capital market. It can be very helpful in doing this.

In this stream, career-making public sector, private sector and global sector can also go. There is no shortage of employment for a person who is well-versed in economics. Students of Economic Honors are given special training to develop analytical skills.

In fact, he can understand the complexities related to economic problems. Economist are a mixed form of mathematics and economics. What will be the demand for any product in the future? It is evaluated and can be assessed only by experts of economics.

In times of marketization, there is a great need of experts. Which assess the product according to the market. In the corporate world, students with economics background get a big help in MBA. The financial sector for graduates in economics is an area which is expected to get the highest salary.

What is the Educational Qualification Required to Become an Economist?

There is a very wide system of studying economics in the country. B.A. based on economics in universities and colleges of all states. Or M.A. Level courses available. There is a provision for admission on the basis of 10 + 2 marks.

To do PG in Economics one should have graduation degree from any stream. If there is economics in 10 + 2 and graduation, then it is easier to understand.

Where are the Employment Opportunities in an Economics Career?

Environmental Economics

In such a situation, the work of environmental economics becomes important. In this area, students are taught about air pollution, water quality, global warming, poisonous substances and waste products.

Insurance Sector

Economics students can also try their luck in the field of insurance and banking. Knowledge of economics is a basic requirement in the field of insurance and banking. Brilliant students of Economics can also prepare for Indian Economics Services.

Research and Banking

Students who have studied monetary in economics, get a lot of opportunities in banking. Research-based companies provide opportunities to such students. You can also work in foreign currency exchange.

Teaching

One can appear in NET and SET exam to become Assistant Professor and Professor in colleges.

Business Journalism and Law

If you have an economics background and have also done law, then you can also get a job in a law firm. Apart from this, business journalism is also very important these days. Business-based letters – Journalists who have specialization in economics are in great need.

You can also apply in UPSC

On the basis of this examination, appointments are made in various ministries for economic planning and similar important posts. The examination is held in May every year. Notifications for this are issued in February. For more information, you can visit this (www.upsc.gov.in) website.

Related Institute of Economics Studies

  • Dr. Shakuntala Mishra National Rehabilitation, University, Lucknow
  • Banaras Hindu University, Varanasi
  • Shri Ram College and Commerce, North Campus, University of Delhi
  • Delhi University
  • Gokhale Institute of Economics and Politics, Pune
  • Symbiosis School of Economics, Pune
  • Madras School of Economics
  • London school of economics

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