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PROFESSION OF AN ECONOMIST

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I’m a second-year student of the Bratsk State University. I belong to the Engineering Economics Faculty. In the near future I shall graduate from the University and become a professional economist. I’m sure that the profession of an economist is one of the most important nowadays in view of the situation in our country.

What makes a good economist? Whatever he does, an economist should have thorough training in economic theory, mathematics, and our University offers such training. At the University we are taught various general and special subjects, such as Macroeconomics, Microeconomics, Management, Accounting, Marketing, Advertising, Money and Banking, Economic Theory, Econometrics, Statistics, Computer Science, Philosophy, Business Ethics, Foreign Languages and so on.

An economist needs some knowledge of the world outside his own country because both business and government are deeply involved in the world economy. Some knowledge of political and economic history will help him to expect changes and always look for basic long-run forces under the surface of things.

The profession of an economist is quite diversified. The graduates of our faculty work at educational institutions, various research centres and laboratories, in industry, business, banks, etc. You may continue your studies taking the Post-graduate Courses if you have a desire and abilities to become a scientist or a professor.

Being employed in industry and business, our graduates work as managers. Some of them work as accountants.

An accountant is one of the most prestigious and widely required professions of an economist in any society. You shouldn’t confuse the term an “accountant” with that of a “book-keeper”. While a book-keeper is mostly involved in calculations, like balance sheets, income statements, invoices, an accountant is responsible for designing the financial policy of a company.

Some of our graduates work at banks and at the Stock Exchange as brokers, others work for the government or are employed by various agencies and by military services.

Knowing the economic laws of the development of society, economists can solve many problems facing our country and I hope I’ll manage to make my contribution to this process too.

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