We are economists
Prof. Pat Smith
Microeconomics & Quantitative
Analysis
Health & Economic Status
Prof. Warren Anderson
 Macroeconomics & Economic History
 Economics of Persecution
Are you an economist?
Do you make decisions about how to
use a limited resource, such as time?
Will you have to make decisions about
using limited resources in your future
career?
You’re an economist!
What is Economics About?
It’s NOT about getting rich.
It is about making better choices.
Economics is a way of thinking in order
to make better decisions.
Although…..
Economics & earnings
Source: Hamilton Project, Brookings Institution
Lifetime earnings
http://www.hamiltonproject.org/charts/career_earnings_by_college_major
/
Usefulness of Economics
Knowledge about the economy and
individual economic behavior; analytical
reasoning, quantitative & problemsolving skills
Transfer into a wide variety of career
paths:
Business, non-profits, government
Economics and ….
Business
Political science
Computer Science (market design)
Medicine & Public Health
Law
Environment
Examples of questions
economists work on
How can we encourage widespread
economic prosperity?
What’s the best way to provide health
care?
Are international trade agreements
good or bad for the U.S.?
Non-career uses of economics
Improve our personal decision making.
Help us to be more informed voters.
Information on Careers in
Economics
Bureau of Labor Statistics
Occupational Outlook Handbook
www.bls.gov/ooh
 Career Exploration
 www.bls.gov/K12/content/students/careers/
career-exploration.htm

Information on Careers in
Economics
American Economic Association
Career Information
www.aeaweb.org/resources/students/care
ers/video/career-in-economics
Economics at UM-Dearborn
[email protected]
https://umdearborn.edu/577601/