Economist

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Industry & Occupation

Science & Research

Classification

Summary

A specialist profession that collects and analyzes economic data to predict and explain economic trends.

Description

Economists are experts who predict economic trends through the analysis of statistical data and construction of mathematical models, providing reports to government agencies, financial institutions, companies, and media. They primarily use theories from macroeconomics and microeconomics for tasks ranging from data collection and analysis to report creation and policy recommendations. In recent years, developing predictive models using big data and AI has become increasingly important, and they also handle presentations and report writing to communicate results clearly.

Future Outlook

Due to globalization and advances in data science, demand for economists with quantitative analysis skills will continue to grow. They are expected to excel particularly in predictive modeling using AI and big data, as well as policy recommendations.

Personality Traits

Has curiosity and spirit of inquiry / Has logical thinking / Has patience / Is cautious / Is objective

Work Style

Consulting Firm / Financial Institution Employment / Freelance / Research Institute Employment / Think Tank Employment

Career Path

Research Analyst → Senior Economist → Research Manager → Chief Economist → Consultant

Required Skills

Data Cleaning / Economic Model Construction / Office Software / Programming / Statistical Analysis

Recommended Skills

Data Visualization Tools / Databases (SQL) / English Document Comprehension / Presentation Skills

Aptitudes (Strengths Preferred)

Item Description
Analytical & Logical Thinking Advanced logical thinking is required for interpreting economic data and building models.
Attention to Detail & Accuracy Because errors in statistical data greatly affect analysis results.
Learning Agility & Knowledge Acquisition Continuous learning is required due to rapid changes in economic environments and methodologies.
Numerical & Quantitative Analysis To process and analyze large amounts of numerical data.
Problem Solving To propose solutions to complex economic issues.

Aptitudes (Weaknesses Acceptable)

Item Description
Physical Stamina & Endurance Primarily desk work with low physical demands.

Related Qualifications

  • CFA (U.S. Securities Analyst)
  • Securities Analyst
  • Statistics Proficiency Test
  • TOEIC

Aliases

  • Economist

Related Jobs

  • Data Analyst
  • Financial Analyst
  • Policy Analyst

Tags

Keywords