Hello student,
Thanks for posting your query on meracareerguide.

You have expressed an interest in economics as well as a foreign language. As you mention, you are drawn towards these fields mainly so that they open avenues for going abroad, which is your first priority, it seems.

It is unclear however if you wish to go abroad for work or studies.

Presuming that you want to work abroad, merely a graduate degree in economics will not suffice as there is fierce competition in the field. Job opportunities with a BA will be limited even if you have a certificate in a foreign language. To know more about career options in the field of economic and opportunities for further studies, you can refer to the existing chains of Q&A on our website.

Coming to the foreign language, a degree in it will be more viable option if you work in India as a translator or trainer. If you want to go abroad, depending on the country you want to go, the choice of foreign language will differ. For example, your interest in Japanese, if you go to the US, there too you could seek jobs related to translation or training, which would be a really lucrative option. But if you plan to go to an Asian country, especially, Japan, being the local language, knowing Japanese alone will not suffice for a job. You would have to have some other degree and skills for a job, for which knowing Japanese will just be an added advantage.

In case you are planning to go abroad for studying, the choice between the two options you have provided will depend on what you want to do in future. As such, from education point of view, both these options - Japanese and Economics are very good choices. Optimal qualifications in either would give you a lot of openings, especially in the academic field. The other job opportunities have been touched up on above, so you could consider those and see what you want to do after you complete your studies.

Hope this information provides some clarity to help you make a decision.
Good luck!
Regards,
Nandini