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Economists end up in law all of the time because economics and law are so tightly knit, particularly antitrust/competition policy.

In my undergraduate thesis I looked at what causes schools to graduate more or less economics majors, and the most important factor is the existence of a business school at the university. If a school does not have a business school, like at a lot of top ranked liberal arts schools, students flock to the economics major.

As a former economics PhD student, I've seen first hand the breadth of fields that economists end up in. From professors in a law school, to FTC economists, to public policy and healthcare, economists will always end up in a diverse set of fields. That's the nature of economics -- it does not teach you a set of facts. Instead, it teaches you how to solve problems. Whether anyone wants to admit it or not, every industry has problems that boil down to raw economics.



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