Furthermore, economics teaches students to communicate clearly and concisely with others, an important skill to any employer. As students of a business discipline, economics majors acquire general business skills that are useful in many different jobs. The preparation is less specific than other business-related majors, but it gives students the flexibility to select from a variety of careers, including finance, marketing, and management positions. Within the private sector, economists are hired by consulting firms, investment banks, insurance companies, brokerage firms, banks and savings and loan institutions, real estate firms, and other corporations. It should be noted that economics has become increasingly important in legal analysis.
Many legal issues are basically economic in nature.
Moreover, with its emphasis on rigor and communication skills, the study of economics is excellent training for law school. Training in economics is also important to those whose careers may lead them into self-employment. Students who are considering majoring in a professional field can choose to minor in economics in order to equip themselves with this valuable background. The faculty members of the Department of Economics at Villanova are deeply committed to the education of its students. These professors work continuously to achieve excellence in the classroom, by refining teaching methods to include technological innovations, to improve student learning, and to increase course relevancy.