From Currency Wars to Climate Trade: Why the World Needs More Economic Experts 

Why are fuel prices going up? Why are some countries fighting over trade? And how is climate change connected to business deals?

Behind all these global issues is one thing: economics.

Today, the world needs more people who understand how money moves, how markets work and how big decisions affect people, businesses and even the planet. In other words, we need more economic experts.

If you’re curious about how the world works, and you want a career that’s meaningful, global and future-proof, a degree in Economics or International Business is a smart choice. And BAC Education’s Global Business School is a great place to start.

Why Economics Is More Important Than Ever

The world is changing, fast. From inflation to international trade disputes, from crypto crashes to climate finance, economics is at the heart of it all.

Economic experts help solve big problems like:

- Rising food and energy prices
- Global supply chain disruptions
- Trade wars between countries
- Green energy policies and carbon trading
- Economic inequality and unemployment

Whether it’s working with governments, banks or international companies, Economists play a key role in shaping decisions that impact millions of people.

What Do Economists Actually Do?

You might think Economists just work with numbers all day, but their work goes far beyond that.

Economists:
- Study how people and businesses spend, save and invest
- Predict trends and prepare for economic risks
- Give advice on how to grow the economy
- Help businesses make better decisions
- Create solutions for global challenges like climate change or poverty

In short, they help the world run better, using knowledge, data and strategy.

The Rise of Climate Economics and Green Trade

One of the newest, and most exciting, parts of Economics is how it connects to climate change.

Countries and businesses are starting to focus on things like:
- Carbon pricing (putting a cost on pollution)
- Green trade policies (giving advantages to eco-friendly businesses)
- Sustainable development goals (balancing profit with protecting the planet)

This means we need Economic experts who understand both money and the environment, people who can build a future that’s not just profitable, but also sustainable.

What You'll Learn with an Economics Degree

A degree in economics teaches you more than just facts. It teaches you how to think.

Here are some of the key skills you’ll build:

• Problem-solving – Break down complex issues and find smart solutions
• Data analysis – Use numbers to understand trends and make predictions
• Critical thinking – Look at situations from different angles and make good decisions
• Communication – Explain your ideas clearly, whether you're writing a report or giving a presentation
• Global awareness – Understand how the world is connected and how one event can affect many others

At BAC’s Global Business School, you’ll gain these skills through hands-on learning, real-world case studies and opportunities to work on actual business or economic projects.

Careers You Can Pursue as an Economics Expert

An economics or international business degree opens the door to many exciting careers, including:

- Economic Analyst
- Policy Advisor
- Market Researcher
- Financial Consultant
- Trade Specialist
- Sustainability or Climate Policy Expert
- Business Development Manager
- Economist at a government or international agency

Whether you want to work in business, finance, government or global development, economics gives you the tools to make a real difference.

Why Choose BAC Education?

At BAC Education’s Global Business School, you don’t just study Economics, you learn how to use it in the real world.

What makes BAC stand out?

• Global perspective – Learn about trade, policy and business on an international scale
• Future-ready skills – Prepare for the digital, data-driven economy
• Practical learning – Work on real projects, not just textbooks
• Networking opportunities – Connect with industry leaders and employers
• Supportive environment – Get the guidance and resources you need to succeed

BAC’s programmes are designed to help you graduate with confidence, and with skills that the world truly needs.

Be Part of the Solution

From financial crises to climate change, the challenges we face today are big, but so are the opportunities to make a difference.

If you want a career that’s global, impactful and always in demand, economics is the way to go. The world needs thinkers, planners and problem-solvers — and that could be you.

Start your journey with BAC’s Global Business School and learn how to turn your interest in global issues into a powerful, purpose-driven career.

References

• https://www.weforum.org/stories/2023/06/the-future-of-work-in-the-green-economy/
• https://www.imf.org/en/About/how-the-imf-supports-the-global-economy
• https://www.bac.edu.my/business/