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Become professional economieses, but all will apply the valuable lessons and skills they gained from economics in other careers nd aspects of their lives. Studying economics can benefit students in multiple ways. The lessons of economics are valuable in a wide variety of vocations. Moreover, the knowledge gained will empower students as consumers, managers of their own finances, and as informed citizens. Economics has been consistently useful to me over my career in law, finance, and government service. It is, of course, central to my current role as a Monetary Policymaker and financial regulator. Here at the board of governors. In government, Economic Analysis is one of the principal tools we use in making policy decisions. Among other things, economics is an essential facet of the science of Public Policy. What policies actually work . Which ones sound good but dont work, or are actually counterproductive . Economics gives us the tools to answer those questions and help us make the b
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