text: what r the career options with taking economics as a subject in 11th grade?   you really cant do much with a high school diploma in the economic field.  to even touch jobs related to economics you will need a bachelors degree.  most economists, however, have a masters or higher degrees (ph.d, etc).  the average starting salary is 30k  w/ a bachelors, 50k for masters and 60k for ph.d or other advanced degrees.