Economists

To put it simply, economists are financial professionals who analyze market behavior. Financial and social data collection and analysis, economic decision consulting for corporations and governments, and the creation of economic forecasting models are among their key functions.

Career Snapshot

ABOUT ECONOMIST CAREERS

Money is thought to make the world go round. Economists are the people who examine how and why this happens. Because the global economy is the lifeblood of all people on the planet, economics - the study of the economy - is critical. The global economy's increasing complexity, rivalry, and rising reliance on quantitative analysis of corporate and political trends all indicate the need for economists. 

Politics, the stock market, business and labour markets, international commerce, demography, and technological advancement are just a few of the topics that economists are interested in. They seek answers to problems caused by the movement of people, goods, and capital. They conduct study on issues such as energy costs, inflation, interest rates, import and export volumes, and employment trends using economic modelling and forecasting tools. 

Economists are used by governments to develop economic policies and standards. That means economists could be called to testify in front of Congress and other legislative bodies. Strong research and problem-solving abilities are required. You must be able to write up your findings and recommendations in addition to collecting and evaluating data. 

A bachelor's degree is required to become an economist, although a master's degree or even a Ph.D. is more common. Economics has been dubbed "the grim science" due to its emphasis on research and data, but for those seeking to understand the complexities of how humanity creates wealth and prosperity, economics can be intriguing.

Employment Projections

Annual projected job openings Subscribe to see

Wages


Average Wages Subscribe to see

Characteristics

Dealing and handling conflicts
Communication with others
Competition for this position
Job challenge and pressure to meet deadlines
Level of responsibilities
Critical decision making
Leadership
Work closely with team members, clients etc.
Comfort of the work setting
Exposure to extreme environmental conditions
Exposure to job hazards
Physical demands

Activities

Analyzing Data or Information Know More
Getting Information Know More
Identifying Objects, Actions, and Events Know More
Interacting With Computers Know More
Making Decisions and Solving Problems Know More
Processing Information Know More
Thinking Creatively Know More
Updating and Using Relevant Knowledge Know More

Areas of Study

Administration and Management Know More
Computers and Electronics Know More
Economics and Accounting Know More
Education and Training Know More
English Language Know More
Law and Government Know More
Mathematics Know More
Sociology and Anthropology Know More

Degrees

Colleges

Top Skills

Active Learning Know More
Active Listening Know More
Critical Thinking Know More
Judgment and Decision Making Know More
Mathematics Know More
Reading Comprehension Know More
Speaking Know More
Writing Know More