Career Management Assignment: Business Economist Career Path

This career management assignment outlines a student's aspirations to become a business economist. The student details their interests in economics, the magic of words and numbers, and the intricate workings of organizations. They highlight their skills in communication, mediation, and innovative thinking, emphasizing how these abilities will contribute to organizational success. The assignment discusses the importance of understanding human capital, supply and demand, and the ability to adapt to market changes. References to relevant academic sources support the student's reasoning and career choices. The student aims to leverage their skills and knowledge to promote growth and development within an organization, demonstrating a clear understanding of the business economist role and its responsibilities.

Running head: CAREER MANAGEMENT
Career Management
Name of the Student:
Name of the University:
Author Note:

1
CAREER MANAGEMENT
When I was in school I was rather fond of a number of subjects like English and
Economics and I was always fascinated by the magic of words and numbers. The concepts of
trade investments after in-depth study and analysis of market structure was always a matter of
deep interest for me and gradually I started to write my own theories on the operation of
trade, the development of several organizations. The internal workings of organization was
the matter of utmost curiosity and slowly I began to develop a keen interest in the intricate
working of organization that depended on the harmony of different organizations working
separately yet inter-woven into unified whole for the working of the organization. Therefore,
I would like to build my career as a Business Economist where I will be able to make use of
my interests and skills for the betterment of the organization. As I have studied an extensive
manner the best utilization of human capital, supply and demand, division of labor and
productivity, I would be able to invest my knowledge for the advancement of an organization.
Another most important reason relating to my decision as a business economist is my
excellent communication skills of which I have made adequate usage in school. I have acted
as a mediator a number of times and I would like to align my professional life with this
personal quality of mine. As argued by Sanders & Wood, (2014) owing to communication
skills one would be at an advantageous position while conveying important measures and
steps pertaining to the development of the organization. Moreover, I would be able to help
the departments to implement a strategy or decision related to the amassment of huge profit
by the company or alleviating loss. My ardent interest in economics and its several aspects
has worked on my innovative skills, which is a primary responsibility of business economist.
I am confident that my innovative skills and ideas will immensely help the organization is
attracting new customers and slowly developing a strong customer loyalty base.
During school, my enthusiasm for literature has also enabled me to challenge time-
worn ideas of economy and creation of inventive measures that would enable smooth

2
CAREER MANAGEMENT
functioning of an organization. I have always learnt from literature creative ways by which I
can express my own notions and criticize in a substantial manner in order for the
development of economy while at the same time organizing one’s political discourses in a
coherent manner. For a business economist to promote growth and development in an
organization, an individual needs to have a kaleidoscopic overview of each and every aspect
of economics which would also increase the entrepreneur spirit of an organization (Storey,
2016). Unless I am improving myself by the through development of new ideas and
techniques related to the field of economics, it may result in market saturation thereby
limiting the potential growth of the organization (Nicolini & Ramos Palencia, 2016). These
are some of the scenarios that I would be able to cope up with using my knowledge and
curiosity.

3
CAREER MANAGEMENT
Reference List:
Nicolini, E. A., & Ramos Palencia, F. (2016). Decomposing income inequality in a backward
pre‐industrial economy: Old Castile (Spain) in the middle of the eighteenth
century. The Economic History Review, 69(3), 747-772.
https://doi/full/10.1111/ehr.12122
Sanders, N. R., & Wood, J. D. (2014). Foundations of sustainable business: theory, function,
and strategy, 1st edn., pp-90-300, John Wiley & Sons. Retrieved from
https://books.google.co.in/books?
hl=en&lr=&id=o5zmBQAAQBAJ&oi=fnd&pg=PR20&dq=Sanders,+N.+R.,+
%26+Wood,+J.+D.+(2014).+Foundations+of+sustainable+business:+theory,
+function,+and+strategy.+John+Wiley+
%26+Sons.&ots=2qWgyazmnr&sig=mWCJyziGVzMmM0Yrd0uNlkVUcVA&redir_
esc=y#v=onepage&q&f=false
Storey, D. J. (2016). Understanding the small business sector,1st edn., pp-89-249, London:
Routledge. Retrieved from https://books.google.co.in/books?
hl=en&lr=&id=B263DAAAQBAJ&oi=fnd&pg=PP1&dq=Storey,+D.+J.+(2016).
+Understanding+the+small+business+sector.+London:
+Routledge.&ots=Qa9GSJXjeq&sig=R8ppw8Z8Iism3kNJyK-
XMIJyd14&redir_esc=y#v=onepage&q=Storey%2C%20D.%20J.%20(2016).
%20Understanding%20the%20small%20business%20sector.%20London%3A
%20Routledge.&f=false
Yang, X., & Ng, Y. K. (2015). Specialization and economic organization: A new classical
microeconomic framework, 1st edn., pp 18-124, North-Holland: Elsevier. Retrieved
from https://books.google.co.in/books?

4
CAREER MANAGEMENT
hl=en&lr=&id=yrKjBQAAQBAJ&oi=fnd&pg=PP1&dq=Yang,+X.,+%26+Ng,+Y.
+K.+(2015).+Specialization+and+economic+organization:
+A+new+classical+microeconomic+framework,+pp+18-124,+North-Holland:
+Elsevier.&ots=bypdNGCR_k&sig=TT0GY1Pa37CkDMsveMeKgqE5gAE&redir_e
sc=y#v=onepage&q&f=false