Editor note: discussing “jobs from the future” may be a creative compliment to high school classes studying economics, sociology, media literacy, entrepreneurism, etc.
A few years ago most of us had never heard of social media managers, market research data miners or app developers. What will be the employment opportunities for recent grads in 2025? One new career for recent economics grads might be a virtual world economist.
Gaming and social networks are a global industry. Many systems allow participants to buy, sell, and trade in native currency that can be purchased with real-world money (Habbo Hotel credits, Facebook credits, Wii points, etc). How will real-world currency fluctuations affect virtual-world currencies?
Seattle-based game-maker Valve recently hired an in-house economist to manage the interaction of their virtual markets (source: http://www.bbc.co.uk/news/technology-18456171).