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Masters in Economics

If you have interest in the workings of economies, both as a collective an individual parts, you are a good candidate for pursuing a Masters in Economics. In in-depth study of economic theory and practical application will be explored. You will learn how the factors of individuals and collective factors influence an economy’s direction. Enrollment in a master’s program requires a bachelor’s degree prior to entrance. You will take classes like macro and microeconomics, economic mathematics and economic analysis. Once you have earned your master’s degree, which typically takes between two and three years, you will qualify for doctoral degree studies if you wish to enhance your education still further.

Finding an online program at the master’s level tends to be more difficult that at the bachelor’s degree level. Most of the time, a hybrid approach is taken by combining online and classroom studies. Class lectures are available online at scheduled times and recording are accessible from the physical school location at the convenience of the students. Live chat sessions increase the flexibility of students’ study time as well. All you need to qualify for taking Economics Master’s Programs online is a personal computer and a reliable internet connection at home.

You can achieve employment with private corporations, government agencies, research and consulting firms. With your degree, you will generally monitor government legislation and analyze the competition when working for certain corporations. When employed by consulting firms, you will be asked to forecast economic trends. According to the US Bureau of Labor Statistics, quite a small growth margin is predicted in this sector for the next several years. Only a 6% growth is expected from 2008 to 2018. In 2008, the median salary of economists was over $83,000 per year.

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