Economists devise procedures and use mathematical models to answer real-world questions, such as how long an economic downturn might last or what effects new tax legislation might have on unemployment levels.

As an economist, you may be employed in:

  • Banking
  • Energy
  • Manufacturing
  • Oil and gas extraction
  • Retail

Other potential employers include international trade associations or nonprofit and governmental agencies, such as the Bureau of Labor Statistics. Some economists work for consulting firms or are self-employed consultants.