Economics examines how economic activity (production, consumption, and trade of goods and services) is organized, how individuals and societies structure economic activity, and the relative effectiveness of different institutions in managing scarcity.
Analysis of business environment- Understanding of economic principles such as consumption, production, exchange, market and firm equilibrium, unemployment, inflation, economic growth, business cycles and the internal economy
Analytical thinking and manipulating numerical data- Compile, analyze and interpret results for economic data; Apply statistical methods and analysis; Creative problem solving
Critical/logistical thinking- Effectively review and evaluate goals and policies; Perform cost/benefit analyses; create and evaluate financial reports/statements
Communication- Presenting ideas and data clearly and effectively; writing articulately and analytically; Technical report writing
Organizational- Planning and budgeting; the ability to implement projects and organize people and ideas; Conceptualize and implement projects ; Manipulate numerical data; maintain accurate records; Time and resource management, ability to meet deadlines
Policy evaluation- Explain and understand contemporary problems of unemployment, inflation, economic growth, business cycles and the international economy
Problem solving skills; approaching topics and problems from various perspectives; analyzing multiple dimensions of a problem; identifying problems and developing solutions; decision making skills
Research skills- data collection; process and synthesize vast amounts of data and apply where relevant; application of information for policy development; forecast trends
Understanding of economic theory and econometrics- Strong mathematical background; Global perspective of economic issues; Developing models for representing and projected economic and related activities; Describe principles of consumption, production, exchange, market and firm equilibrium under different competitive conditions
Please note some of these positions may require further training, certification or education. Check out the occupational profiles to review the full details for the occupations that interest you at alis.alberta.ca/occinfo
Formal Career Assessments like the Strong Interest Inventory and the Myers Briggs Type Indicator can be helpful tools for your career development. These assessments have been used for decades to help individuals choose a major, explore career options during and upon completion of a degree and to further understand yourself in relationship to the world of work. Inquire with Career Services if you are interested in these formal assessments.
Student Clubs: Society of Undergraduates in Economics (SUE)