Career Resources and Job Outcomes

Students should also regularly utilize the resources available through UWM’s Center for Student Experience and Talent. The center is about more than resume preparation. The career professionals there can help you identify your professional goals and teach you techniques (like informational interviewing and shadowing) to learn more about professional careers. They can also help you develop your job search strategy, help you locate an internship, or connect you with UWM alumni who may be able to provide you with information or advice in a particular industry or career.

Recommended Economics Courses for Popular Career Paths

Economics provides excellent preparation for a number of different career paths you may be considering. Many students already know that economics is a great foundation for careers in business, and indeed our graduates often go to work in fields like management, banking, finance, consulting, human resources, real estate, and insurance. What surprises many students is that a background in economics is also very helpful for fields such as law, public policy, journalism, marketing/market research, health care administration, teaching, and academic research. In fact, many students find the flexibility afforded by an economics education to be among its biggest advantages. The American Economics Association has a great website for exploring Careers with an Undergraduate Degree in Economics.

In order to help our students plan for their futures, the Department of Economics has prepared the following advice on courses that are useful for different career paths. All of the courses listed are in addition to the “core” courses that cover the foundation of our discipline, lay the groundwork for other courses, and form the primary requirements for a major or minor in economics:

Core Courses

Principles of Economics

• Econ 103 – Principles of Microeconomics
• Econ 104 – Principles of Macroeconomics

Intermediate Micro- and Macroeconomics

• Econ 301 – Intermediate Microeconomics
• Econ 302 – Intermediate Macroeconomics

Economic Statistics

• Econ 210 – Economic Statistics

One final note: New classes are added all the time, so check the course schedule to see if there is anything else that sounds interesting!

Careers in Business

Banking/Finance/Insurance

• Highly recommended: Money and banking (325), forecasting methods (411), statistics (413), international finance (455), econometrics (513).
• Recommended: Industrial organization (432), mathematical economics (506)
• Useful: Health economics (221) (especially for those interested in insurance), urban economics (323), international economic relations (351), public economics (426), international trade (454).

Management/Management Consulting/Marketing

• Highly recommended: Game theory (404), statistics (413), industrial organization (432).
• Recommended: Money and banking (325), forecasting methods (411), employment relations (415) and/or labor economics (447), public economics (426), human resources (448).
• Useful: especially for those intending to get an MBA: Mathematical economics (506).

Human Resources or Labor Relations:

• Highly recommended: Collective bargaining (341), employment relations (415) and/or labor economics (447), human resources (448).
• Recommended: Health economics (221), discrimination (248), statistics (413).
• Useful: Industrial organization (432).

Careers in Law

• Highly recommended: Economics and law (333), antitrust law (335), game theory (404), public economics (426), industrial organization (432).
• Recommended: Discrimination (248), environmental (328), urban economics (323), money and banking (325), employment relations (415)
• Useful: Analysis of American industries (231)

Careers in International Relations/Diplomacy:

• Highly recommended: Environmental (328), international economic relations (351), economic development (353), international trade (454), international finance (455)
• Recommended: Money and banking (325), game theory (404)

Teaching High School:

• Highly recommended: Economic education (112)
• Recommended: Discrimination (248), money and banking (325), economic thought (405), statistics (413), employment relations (415) and/or labor economics (447).

Careers in Public Health/Health Care Administration:

• Highly recommended: Health economics (221)
• Recommended: Statistics (413), employment relations (415) and/or labor economics (447), public economics (426), human resources (448)
• Useful: Industrial organization (432)

Careers in Public Policy/Journalism:

• Highly recommended: Public economics (426)
• Recommended: depending on your areas of interest: Health economics (221), discrimination (248), urban economics (323), money and banking (325), environmental (328), law (333), antitrust (335), international economic relations (351), economic development (353), economic thought (405), employment relations (415) and/or labor economics (447), industrial organization (432), human resources (448), international trade (454), public sector (529).

Careers in Research in Economics/Teaching in Colleges and Universities:

• Highly recommended: Mathematical economics (506 and 606), statistics (413), econometrics (310 or, preferably, 513). We strongly encourage you to take many classes in mathematics as well, especially in calculus (at least through calculus III), linear algebra or matrix algebra, probability and statistics, and real analysis.
• Recommended: Any upper division courses in economics; logic (Philosophy 211).
• Additional recommendations: High undergraduate GPA, especially within the major; early and steady contact with an advisor; preparation for the GRE exam.

For more information contact one of our Undergraduate Economics Advisors.