<p>Can anyone give me any insight into the potential pros/cons to each of these fields? Particularly, what kind of careers does each of these majors tend to lead to?</p>
<p>I think it’s more productive for you to tell us what you want to do and then to choose a master’s degree that way. Typically the best way to choose a graduate degree is to have some specific goal in mind that you want to pursue, and then earning the degree that helps you get to that goal. If you’re unsure, then you should probably go work full-time for a while - if you’re still unsure, continue to work, and maybe do some informational interviews with people who are working as economists (and related fields) vs. statisticians (and related fields).</p>
<p>I’m only saying this because the question is virtually impossible to answer, because people with degrees in either field can do such a wide range of things. Applied statisticians with the appropriate background could even work as economists, and vice versa; there are statisticians in education, in healthcare, in business, in finance, in nonprofits, in everywhere. The pros and cons of their job fields are going to differ based on where they work.</p>