As Thomas Carlyle once stated "Economics is the dismal science." He was inspired to coin the phrase by T. R. Malthus's gloomy prediction that population would always grow faster than food, dooming mankind to unending poverty and hardship (Levy.) That hasn't happened yet and economics in reality is an art - the art of trying to satisfy infinite needs with limited resources. In other words an economist studies how society uses their limited natural resources to fulfill the insatiable needs of society. They study how we distribute scarce resources such as land, labor, raw materials, and machinery to produce goods and services (OOH htttp://www.bls.gov/oco/.) They conduct research, collect and analyze data, monitor economic trends, and develop forecasts. They research issues such as energy costs, inflation, interest rates, imports, or employment levels In reference to the Occupational Outlook Handbook economists become involved as advisors in different sectors such as insurance companies, banks and large industries. Economics is a science, which draws upon history, philosophy, and mathematics to deal with subjects ranging from how an individual household or business can make sound decisions, to societal issues such as unemployment, inflation, and environmental decay. As a result, economics is widely recognized as a solid background for many jobs and professions in business, government, and the law.
             According to an article released by CNNfn the top three types of jobs for economics graduates with a bachelors degree are (1) top and midlevel managers, executives, administrators, (2) insurance, securities, real estate, business services, and (3) accountants, auditors and other financial specialists (Schwartz).
             In reference to the Occupational Outlook Handbook economists held about 134,000 jobs in 2000. Private industry provided about 9 out of 10 jobs for salaried workers, particularly economic and marketing research firms, ...