Topic: Education

Education
Photo: Kasto80

Does It Pay to Study Economics?

James Bishop and Rochelle Guttmann

Economics graduates work in a broad range of occupations and industries, often beyond the discipline of economics itself. The earnings of economics graduates are higher than in most other fields of study, including business studies. By estimating wage premiums for various skills, we assert that the comparatively strong earnings of economics graduates comes from the development of analytical thinking and quantitative skills which are highly rewarded in the labour market.

wages, education

The graphs in the Bulletin were generated using Mathematica.

ISSN 1837-7211 (Online)