Economist

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.

O*NET reports this occupation under titles such as: Economic Advisor; Economic Analyst; Economic Consultant; Economic Development Specialist; Economist; Forensic Economist; Project Economist; Research Economist; Revenue Research Analyst; Tax Economist

Tasks

• 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.
• Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
• Explain economic impact of policies to the public.
• Review documents written by others.
• Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.
• Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.
• Supervise research projects and students' study projects.
• Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.
• Develop economic guidelines and standards, and prepare points of view used in forecasting trends and formulating economic policy.
• Teach theories, principles, and methods of economics.
• Testify at regulatory or legislative hearings concerning the estimated effects of changes in legislation or public policy, and present recommendations based on cost-benefit analyses.
• Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.

Knowledge

• Economics and Accounting
• Mathematics
• English Language
• Computers and Electronics
• Education and Training

Skills

• Reading Comprehension
• Mathematics
• Critical Thinking
• Active Listening
• Writing
• Speaking
• Active Learning
• Learning Strategies
• Monitoring

Abilities

• Written Comprehension
• Inductive Reasoning
• Mathematical Reasoning
• Oral Comprehension
• Oral Expression
• Written Expression
• Deductive Reasoning
• Speech Clarity
• Fluency of Ideas
• Problem Sensitivity
• Speech Recognition
• Number Facility
• Near Vision
• Information Ordering
• Originality
• Category Flexibility