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Career Details :: Economists

Description

Conduct research, prepare reports, or formulate plans to aid in solution of economic problems arising from production and distribution of goods and services. May collect and process economic and statistical data using econometric and sampling techniques.

Experience

Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

Education

A bachelor's degree is the minimum formal education required for these occupations. However, many also require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

Training

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.

Tasks

• Studies economic and statistical data in area of specialization, such as finance, labor, or agriculture.
• Formulates recommendations, policies, or plans to interpret markets or solve economic problems.
• Develops economic guidelines and standards and preparing points of view used in forecasting trends and formulating economic policy.
• Devises methods and procedures for collecting and processing data, using various econometric and sampling techniques.
• Assigns work to staff.
• Teaches theories, principles, and methods of economics.
• Testifies at regulatory or legislative hearings to present recommendations.
• Provides advice and consultation to business and public and private agencies.
• Supervises research projects and students' study projects.
• Compiles data relating to research area, such as employment, productivity, and wages and hours.
• Reviews and analyzes data to prepare reports, to forecast future marketing trends, and to stay abreast of economic changes.
• Organizes research data into report format, including graphic illustrations of research findings.

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• Purchasing Managers
  

Important Abilities

• Written Expression
• Oral Expression
• Speech Clarity
• Written Comprehension
• Mathematical Reasoning

General Work Activities

• Getting Information Needed to Do the Job
• Updating & Using Job-Relevant Knowledge
• Analyzing Data or Information
• Processing Information
• Making Decisions and Solving Problems

Important Skills

• Systems Evaluation
  
• Problem Identification
  
• Information Gathering
  
• Visioning
  
• Systems Perception
  

Frequent Work Context

• Job-Required Social Interaction
• Indoors
• Objective or Subjective Information
• Consequence of Error
• Importance of Being Exact or Accurate

Related Majors

Major	Add to XapPack
Agricultural Business	[ add ]
Agricultural Business Management	[ add ]
Agricultural Business Management/Marketing	[ add ]
Agricultural Economics	[ add ]
Agricultural Systems Management	[ add ]
Agricultural/Resource Economics	[ add ]
Agricultural/Resources Economics	[ add ]
Applied Economics	[ add ]
Applied Mathematical Economics	[ add ]
Business Administration/Economics	[ add ]
Business Economics	[ add ]
Business/Economics	[ add ]
Business/Managerial Economics	[ add ]
Comprehensive Social Studies/Economics	[ add ]
Computer/Information Science/Economics	[ add ]
Development Economics	[ add ]
Ecological Economics	[ add ]
Ecological Economics/Values/Policy	[ add ]
Economic Development	[ add ]
Economic Developmental Programming	[ add ]
Economic History	[ add ]
Economic Theory	[ add ]
Economic/Social Development	[ add ]
Economics	[ add ]
Economics for Business Management	[ add ]
Economics for Educators	[ add ]
Economics/Accounting	[ add ]
Economics/Business	[ add ]
Economics/Business Administration	[ add ]
Economics/Computer Science	[ add ]
Economics/Finance	[ add ]
Economics/French	[ add ]
Economics/German	[ add ]
Economics/History	[ add ]
Economics/Industry/Government	[ add ]
Economics/International Business	[ add ]
Economics/International Relations	[ add ]
Economics/Management	[ add ]
Economics/Management Science	[ add ]
Economics/Mathematics	[ add ]
Economics/Philosophy	[ add ]
Economics/Politics	[ add ]
Economics/Pre-Law	[ add ]
Economics/Public Policy	[ add ]
Economics/Social Science	[ add ]
Economics/Sociology	[ add ]
Economics/Spanish	[ add ]
Economics/Systems Analysis	[ add ]
Education/Child Study	[ add ]
Entrepreneurial Studies/Economics	[ add ]
Environment/Economics/Politics	[ add ]
Environmental/Resource Economics	[ add ]
Finance/Economics	[ add ]
Financial Economics	[ add ]
Global Economic Relations	[ add ]
Industrial Economics	[ add ]
International Business/Economics	[ add ]
International Culture/Economy	[ add ]
International Development	[ add ]
International Development/Social Change	[ add ]
International Economics	[ add ]
International Economics Studies	[ add ]
International Economics/Business	[ add ]
International Economics/Finance	[ add ]
International Economy/Diplomacy	[ add ]
International Political Economy	[ add ]
International/Development Economics	[ add ]
Management Economics	[ add ]
Management Economics/Operations Research	[ add ]
Managerial Economics	[ add ]
Managerial Economics/Decision Sciences	[ add ]
Mathematical Economics	[ add ]
Mathematics/Economics	[ add ]
Mineral Economics	[ add ]
Pre-environmental Science/Forestry	[ add ]
Pre-forestry	[ add ]
Pre-health	[ add ]
Pre-mechanical/Aerospace Engineering	[ add ]
Pre-medical Records Administration	[ add ]
Professional Development	[ add ]
Quantitative Economics	[ add ]
Quantitative Methods/Economics	[ add ]
Resource Economics	[ add ]
Sustainable International Development	[ add ]

Institutions Offering Related Majors

No institutions found.