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Discovering the World of Economics at the US

February 2023

The study of Economics is an important subject because it offers a distinctive viewpoint on how the world works. Economics is the social science that analyses the creation, distribution, exchange, and consumption of goods and services. It is concerned with how people, corporations, governments, and other organisations distribute scarce resources to fulfil their limitless desires and requirements. It may be a thrilling and fulfilling experience to study Economics in the US. The nation is a leader in innovation and a significant player in the global economy, making it the perfect location to deepen your grasp of the ideas and concepts that influence the world we live in. Studying Economics in the US is a terrific opportunity to develop transferable abilities and knowledge, regardless of whether your career aspirations are in business, politics, or simply a better understanding of the economic forces that affect our everyday lives.

Study Economics in the US

Why study Economics in the US?

There are several reasons why an Indian student might choose to study Economics in the United States:

  1. Education Excellence: The United States is renowned for housing some of the top universities globally, with a plethora of them offering superior Economics courses. These courses are taught by renowned scholars and field researchers, ensuring students receive a top-notch education.
  2. Varied Opportunities: Pursuing Economics in the United States presents a diverse array of opportunities for students, including hands-on internship opportunities, research initiatives, and connection to a dynamic and diverse network of professionals in the field.
  3. Worldwide Perspective: Studying Economics in the United States exposes students to a wide range of cultural perspectives and offers access to a global network of Economics professionals and experts.
  4. Employment Prospects: Alumni of Economics programs in the United States frequently go on to thriving careers in finance, consulting, research, academia, and other industries. The US is also a hub for numerous multinational corporations and government entities with an interest in Economics, making it a desirable location for individuals seeking to launch a career in this field.
  5. Resource Convenience: The United States boasts a well-stocked library system, including a number of specialized Economics libraries, which students can utilize to deepen their understanding and advance their research in the field. Furthermore, the country is host to numerous professional organizations, academic conferences, and other resources of significance to Economics students.

Top Programs to study Economics in USA

You have a variety of options if you're an Indian student wishing to study Economics in the US. The US offers a wide range of Economics degrees to select from, whether you want to work in academia, research, or the business sector. Some of the top programs include a Bachelor of Arts (BA) in Economics, a Master of Arts (MA) in Economics, a Master of Science (MS) in Applied Economics, a Master of Business Administration (MBA) with a Concentration in Economics, a PhD in Economics, and Joint Degree Programs that combine Economics with related fields. It's crucial to explore and compare programs to discover the one that best suits your interests and ambitions because each one provides a distinct combination of advantages and chances.

Top Universities in USA to study Economics

Some of the leading prestigious universities in the United States for Indian students to study Economics in 2023 include:

  1. Columbia University
  2. Harvard University
  3. Massachusetts Institute of Technology (MIT)
  4. New York University (NYU)
  5. Northwestern University
  6. Princeton University
  7. Stanford University
  8. University of California, Berkeley (UC Berkeley)
  9. University of Chicago
  10. Yale University

These reputable colleges provide excellent Economics programs taught by top academics and researchers in the subject. However, this list is not exhaustive, as there are other additional US colleges that provide top-notch Economics degrees.

Cost of studying Economics in USA

In 2023, the cost of earning an Economics degree in the United States will depend on a number of variables, including the university, the program, and the location. For a bachelor's degree in Economics, the projected annual tuition and fees in the US might cost between USD 20,000 and USD 50,000, and for a master's degree, between USD 25,000 and USD 60,000 annually. Remember that these figures do not account for other costs like those for accommodation, food, transit, and books. To assist students to pay for tuition and other costs, several colleges provide scholarships, grants, and other types of financial aid.

Career opportunities post an Economics degree

Graduates with an Economics degree from an American institution can choose from a variety of profitable employment options. Some of the most typical employment choices for Economics graduates are listed below:

  1. Academic Economist
  2. Business Analyst
  3. Compensation Manager
  4. Data Scientist
  5. Data Strategist
  6. Economist
  7. Financial Analyst
  8. Financial Forensics
  9. Government Economist
  10. Investment Banker
  11. Management Consultant
  12. Market Research Analyst
  13. Operations Analyst
  14. Pricing Analyst

For further assistance or queries students can contact us, Edwise International, and avail of our wide range of services for students on destinations like Universities in USA, study in USA, study in UK, study in Ireland, study in Canada, study in Australia, study in New-Zealand, study in Singapore, and many other countries.

Study Economics in USA

Also read: Leading Universities in the UK for International Students (Part 2)

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