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.