Economist

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  Life, Physical, and Social Science Occupations

Economist

Also Called: Economic Advisor, Economic Analyst, Economic Consultant, Economic Development Specialist, Economist, Forensic Economist, Project Economist, Research Economist, Revenue Research Analyst, Tax Economist, Economic Advisor, Economic Analyst, Economic Consultant, Economic Development Specialist, Economist, Forensic Economist, Project Economist, Research Economist, Revenue Research Analyst, Tax Economist

What they do

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$62,520
Starting Salary (2023)
$115,730
Median Salary (2023)
6.3%
Projected Job Growth
16,420
Employment (2022)

Typical Tasks

Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.
Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.
Supervise research projects and students' study projects.

A day in the life

What kind of work is this?

Investigative
Studying, Research based work
Conventional
Organized, Procedural Work
Enterprising
Business based Work

What personality traits do you need to succeed?

Analytical Thinking
Achievement/Effort
Persistence
Initiative
Integrity
Independence

What key skills are needed for this job?

Reading Comprehension
Mathematics
Critical Thinking
Active Listening
Writing
Speaking

Expected Knowledge

Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

Common Activities

Analyzing Data or Information
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Working with Computers
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
Processing Information
Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.

More Info

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