Economists study how society distributes resources, such as land, labor, raw materials, and machinery, to produce goods and services. They conduct research, collect and analyze data, monitor economic trends, and develop forecasts on a wide variety of issues, including energy costs, inflation, interest rates, exchange rates, business cycles, taxes, and employment levels, among others.
*The above information is pulled directly from the Bureau of Labor Statistics of the U.S. Department of Labor. For more information, please visit the BLS website.
