Economics provides a primary basis for decisions at the national, industry, individual business and consumer levels. Economists analyze how businesses and households make decisions, how free markets work, and how a national economy functions and prospers. Based on theory and empirical evidence, economics prescribes solutions to societal problems such as unemployment, inflation, pollution and crime. Economics students learn to think analytically and develop models to understand the consequences of decision making. Analytical and problem-solving skills learned in the economic context could be applied to other areas. An Economics degree provides students with a wide range of transferable skills to study choices and decisions made by individuals, businesses, and nations. It is a flexible choice for students seeking a rigorous, well-respected, and versatile major without specializing in a narrowly defined area too early. Popular career choices for economics students include: banking, finance, insurance, management, consulting, and government. An education in Economics also provides an excellent preparation for graduate studies in law, medicine, business, public administration, environmental studies, and economics. Not a pure business degree, but does offer students some business courses. It also offers a good deal of flexibility, as it does not have a set business core to take. It provides excellent preparation for law school.