OVERVIEW : Economics deals with the overall money management and resources in an organization. It includes marketing, budgeting, financial planning, production and manufacturing.
JOB DESCRIPTION : Some of the specializations are Econometricians, Financial economists, Industrial organization economists, International economists, Labor economists, Macroeconomists and monetary economists and Micro economists. The main job responsibility of the actuaries is to analyze the business plans for estimating the probabilities of risk.
JOB OUTLOOK : Since the business world is always in demand, job prospects are expected to be good. Educational requirements, great analytical skills, strong critical skills and good mathematical skills are taken into consideration.
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