About Qualitative Economics

Qualitative Economics is a type of economics through which data is collected using questionnaires, interviews, or observation, and frequently appears in narrative form. For example, it could be notes taken during a focus group on the quality of the food at a cafe, or responses from an open-ended questionnaire. The data may be in the form of descriptive words that can be examined for patterns or meaning, sometimes through the use of coding. This degree will prepare students in theories, methodologies, and methods of qualitative research. Graduates will be poised to be leaders in their respective fields and to share with others, through future scholarship, the efficacy of Qualitative Economics.

　　

Is Qualitative Economics right for me?

Qualitative Economics uses subjective judgment to analyse a company's value or prospects based on non-quantifiable information, such as management expertise, industry cycles, strength of research and development, and labour relations. You will study economics with a qualitative research focus. If understanding how economic agents and economies work is interesting to you, then Qualitative Economics is the right choice for you.

　　

Study options and costs

　　Following a bachelor in economics, you can choose opt for a Master's degree in Qualitative Economics. This degree focuses on gaining a deep understanding of current economic theory along with economic analysis and modeling methods. It prepares graduates for a career path in economics, banking and finance. A master's in Qualitative Economics usually takes about two years to complete and the cost is around $15,400 per year in the US.

　　

Future outlook

Qualitative Economics graduates are highly sought after in a variety of sectors as most large scale enterprises utilise economic analysis and quantitative data to forecast and plan for business. In fact, the employment growth for economists is 13% which is substantially faster than the average of all other occupations.

　　

Career pathways for Qualitative Economics

　　

Economic Consultant

　　Economic consultants use analytical and research skills to carry out studies regarding economic scenarios. They analyse industry trends to help organisations improve their performance. They might work for organisations in a variety of industries, including business, finance, healthcare, education, the government, and more. The average annual salary for an economic consultant is $76,487.

　　

Credit Analyst

　　Credit analysts conduct analyses of prospective clients to assess the risks involved with loaning funds to those people or businesses. They take into account economic trends and factors impacting the region, industries, and competitors of prospective clients. Credit analysts earn an average annual salary of $73,650

　　

Business Reporter

　　Business reporters research, write and broadcast stories about business leaders, companies, industry trends, economic developments, and financial markets. The capitalise on their unique insight into economics to write compelling and lucid articles. The average annual salary for business reporters is $61,862.

　　

Research Analyst

　　Research analysts tap knowledge of industry trends to assess how products or services might fare under various economic conditions. These analysts apply many of the skills that economics majors develop, such as the use of presentation software and graphical representation, as well as writing skills. The average annual salary of a research analyst is $63,790.