Economists


Also called : Economic Analyst, Economic Consultant, Economic Development Specialist, Economist, Forensic Economist, Project Economist, Research Analyst, Research Associate, 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.

On the job, one would


    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.

    • Computers and Electronics
      Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

    SKILLS


    • Critical Thinking
      Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

    • Mathematics
      Using mathematics to solve problems.

    • Reading Comprehension
      Understanding written sentences and paragraphs in work-related documents.

    • Active Listening
      Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

    • Judgment and Decision Making
      Considering the relative costs and benefits of potential actions to choose the most appropriate one.

    ABILITIES


    • Written Comprehension
      The ability to read and understand information and ideas presented in writing.

    • Deductive Reasoning
      The ability to apply general rules to specific problems to produce answers that make sense.

    • Inductive Reasoning
      The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

    • Mathematical Reasoning
      The ability to choose the right mathematical methods or formulas to solve a problem.

    • Oral Comprehension
      The ability to listen to and understand information and ideas presented through spoken words and sentences.

    PERSONALITY

    People interested in this work, will do well at jobs that need;

    • Analytical Thinking
      Job requires analyzing information and using logic to address work-related issues and problems.

    • Achievement/Effort
      Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.

    • Persistence
      Job requires persistence in the face of obstacles.

    • Initiative
      Job requires a willingness to take on responsibilities and challenges.

    • Integrity
      Job requires being honest and ethical.

    • Independence
      Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.

    • Attention to Detail
      Job requires being careful about detail and thorough in completing work tasks.

    • Innovation
      Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems.

    • Dependability
      Job requires being reliable, responsible, and dependable, and fulfilling obligations.

    • Stress Tolerance
      Job requires accepting criticism and dealing calmly and effectively with high-stress situations.

    TECHNOLOGY

    • Analytical or scientific software

    • Data base management system software

    • Data base user interface and query software

    • Desktop publishing software

    • Development environment software

    • Electronic mail software

    • Financial analysis software

    • Geographic information system

    • Internet browser software

    • Object or component oriented development software

    • Office suite software

    EDUCATION AND TRAINING

    • Preparation

      Extensive Preparation Needed

    • Education

      Graduate Degree or higher.

    • Experience

      Extensive skills, knowledge, and experience are needed for these occupations.

    • Jobtraining

      Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

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