The New York Times reported on January 18, 2012, in an article titled What the Top 1%

Question:

The New York Times reported on January 18, 2012, in an article titled “What the Top 1% of Earners Majored In” that 8.2% of Americans who majored in economics for their undergraduate degree are in the top 1% of salary earners. Only those who majored in pre-med had a higher percentage in the top 1%. What might be some reasons why economics majors have done well in the job market?