An online master’s in Economics is for those who want to understand the ebb and flow of the financial climate. Love may make the world go round, but a steady influx of capital is what makes love affordable.
While there are not a many online Master of Economics programs, the schools that do provide them are top-notch, starting with Johns Hopkins. What can you do with an online master’s in Economics? Many graduates go on to careers in the banking industry or private wealth management. Some pursue a PhD and use their knowledge to train up the next generation of young economists.
Economists are valuable assets to western civilization. Individuals who understanding the intricate cause-and-effect relationships between economic policies and the global economy are what has made America what it is today. As we have experienced, a flailing economy affects about every facet of life—from quality of life, healthcare, educational institutions, and private businesses. The success or failure of an economic system has a ripple effect not only within the country itself, but also the international system of banking. The fluttering of a butterfly on Wall Street can collapse the market in Japan.
A quality master’s in Economics program prepares its students to enter the financial playing field equipped with the tools to analyze industry trends and make informed decisions for economic public policy.
Whether they are working for a government agency or for private firms and individuals, economists are like doctors tending to the economic health of a society. Like doctors, they possess the knowledge and skills to evaluate symptoms and formulate solutions that will get the economy up and running to its full potential. An economist must look past momentary consequences and forecast the long-term effects of policy decisions, often well into the future.
Most Economics master degree programs will cover the basics of micro and macroeconomics. There are three associated master degree programs: The Master of Applied Economics and the Master of Science are is more technical, and the Master of Arts, which is more theory driven.
The benefits of a online degree in Economics is that students can set their own hours and continue in their current professions while they gain the credentials for advancement.