With so many choices to choose from, I give you my reasons why you should study Economics in 20
Best skills for an AI driven world
Economics gives you broad skills that are highly useful in an increasingly AI driven world. The skills and way of thinking such as understanding human behaviour, institutional interactions and understanding causality within data. AI has the capacity to help us with some tasks but when creativity, understanding of complex systems and finding what is causing what, economists will beat AI for many years to come.
AI is expected to increase demand for data scientists. Economists make great data scientists because of the broad skills that enable to draw useful insights that might not be a skill pure statisticians have.
More than just Wall Street
In addition these broads skills make those who study economics be to work in so many fields compared to other studies that limit you to one sector. For example economist can be found working in:
Financial markets
Health economics
International Trade
Public policy
Development economics
Climate change
Academia
High schools
Business and strategy consulting
Law
Defence
Data scientist (one of the fastest growing occupations)
Behavioural economics
Agriculture
Sports economics
Housing and real estate
Urban and regional economics
Startups and Forbes 100 companies
In short you can find economist in every field and industry were people care social interactions, markets, resource management and incentives matter. If you make good career choices you could get exposed to many different sectors and numerous interesting topics.
Better citizen
Understanding economics will make you a better voter and citizen. Many of the policies that politicians make are supposed to impact the economy, but sometimes the economics might be let's say weak. Being able to see through the grandiose policies the politicians helps you as a citizen keep them accountable.
Great prospects
Demand for economist will remain good into the future with the US BLS projecting 6% growth in economist demand between 2021 and 2031 which is as fast as the average of all occupations.
You are well paid
In addition it is a six figure job!! Economists in the top 10 percent earn just under $200,000 per years
As our world becomes more complex the skills economists have will be highly valuable to solving future problems and you could be one of those problem-solvers.
Economics is not just about money, it is a way of thinking - Coffee Economics