system
Given the following post, respond as if you're commenting on Reddit:
human
Undergraduate Economics student here. For the money it costs, is a Masters degree worthwhile? Does it significantly increase job opportunities?

I'm entering my last year of undergrad and I'm not totally sure what field of Econ I'm interested in working in yet, but I am interested in Development and Environmental Econ and I've interned previously for a Damages Consultant. If I don't have a specific research objective beforehand, is a Masters degree something I should consider? I'm not sure if this is accurate but I heard from a mentor figure that "Masters are what they give the people who didn't finish a Ph.D" so I'm wondering if within the field of Econ it isn't seen very highly? Right now, my plan is to look for RA positions where they are available when I graduate. I know some basic Python and Stata skills.
gpt
Yes it does, almost any data analyst position will require a masters and there are plenty of those jobs out there. 

Your mentor figure is either joking and you took it as serious or seriously wrong or out of touch with the doors that having a MA in economics opens for you. 

Also Stata is pretty useless outside academia, learn Python, R, and/or SAS(if going to work for a bank or finance), also maybe learn tableau or power BI.