A Note on Graduate School for Economics Majors by Andrew Charlton

As the holder of a Bachelor’s degree in Economics, you already have most of the tools that businesses look for in analysts and economics experts they need to help improve their bottom line. It may not seem like it on the surface, but there are many opportunities for those with four-year economics degrees in the business world if you know where to look.

Too many people go to graduate school in economics because they don’t know what else to do. This leads to many problems for them. Some students get to graduate school and find that they don’t want to study the discipline any further, others think that a graduate degree will give them more job opportunities, but really what’s holding them back when they graduate is large student debt from going back to school and two years of lost productivity. The opportunity cost of going back to school for economics is too high for most people. Only those who are truly passionate about the study of economics and can’t get enough of it should go to graduate school.
For those who truly love studying economics and don’t see it as simply a way to get a job or a career, graduate school is a very rewarding experience.

You’ll be surrounded by others who feel as passionate about economics as you do, and you’ll learn much more than you thought you could about why markets and people behave the way they do. The study of economics needs more bright minds to help people understand the sometimes daunting market forces around them. As the global economy expands, and more products are available in more places, the study of economics will become all the more important.

Andrey Charlton is one of those people who believe in the study of economics. He not only earned a graduate degree in the field, but he also earned a Doctorate in Economics from the Oxford University.