The famous economist Alfred Marshall describes economics as “the study of man in the ordinary business of life.” Thus, economics provides a broad foundation of knowledge concerning how economies and societies transform scarce resources into goods and services and how markets function at the local, national and international levels. Given the range of topics economics covers, many job opportunities arise to those who study economics as a foundation for their future professions in business, government, education, banking, and media. Within these professions, some of the specific job opportunities include industry analyst, stockbroker, loan officer, economics teacher, city manager, marketing analyst, real estate agent, and public policy analyst. Some well-known individuals who were economic majors include Ted Turner, Warren Buffet, Sandra Day O'Connor, George H. W. Bush, Melinda Gates, and Sam Walton.
Students are prepared to enter into positions with e-businesses or businesses with a strong web component. Students are also prepared to enter into graduate study to further their knowledge of this growing field.