We are economists Prof. Pat Smith Microeconomics & Quantitative Analysis Health & Economic Status Prof. Warren Anderson Macroeconomics & Economic History Economics of Persecution

Are you an economist? Do you make decisions about how to use a limited resource, such as time? Will you have to make decisions about using limited resources in your future career? You’re an economist!

What is Economics About? It’s NOT about getting rich. It is about making better choices. Economics is a way of thinking in order to make better decisions. Although…..

Economics & earnings Source: Hamilton Project, Brookings Institution

Lifetime earnings http://www.hamiltonproject.org/charts/career_earnings_by_college_major/

Usefulness of Economics Knowledge about the economy and individual economic behavior; analytical reasoning, quantitative & problem-solving skills Transfer into a wide variety of career paths: Business, non-profits, government

Economics and …. Business Political science Computer Science (market design) Medicine & Public Health Law Environment

Examples of questions economists work on How can we encourage widespread economic prosperity? What’s the best way to provide health care? Are international trade agreements good or bad for the U.S.?

Non-career uses of economics Improve our personal decision making. Help us to be more informed voters.

Information on Careers in Economics Bureau of Labor Statistics Occupational Outlook Handbook www.bls.gov/ooh Career Exploration www.bls.gov/K12/content/students/careers/career-exploration.htm

Information on Careers in Economics American Economic Association Career Information www.aeaweb.org/resources/students/careers/video/career-in-economics

Economics at UM-Dearborn pksmith@umich.edu https://umdearborn.edu/577601/