Economists
Complete Economists career guide. Discover required skills, average salary, day-to-day responsibilities, interview tips, and resume templates.
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Salary Data
Median ~$132k — know your worth
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What Does a Economists 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.
Day-to-Day Responsibilities
- 1Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
- 2Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
- 3Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
- 4Explain economic impact of policies to the public.
- 5Review documents written by others.
- 6Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.
- 7Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.
- 8Supervise research projects and students' study projects.
Required Skills
- Reading Comprehension
- Mathematics
- Critical Thinking
- Speaking
- Active Listening
- Writing
- Active Learning
- Aptech Systems GAUSS
- C++
- Camfit Data Limited Microfit
- Corel QuattroPro
- Corel WordPerfect Office Suite
- Econometric Software LIMDEP
- ESRI ArcView
- Estima Regression Analysis of Time Series RATS
- Estimates Delivery System EDS
- Formula translation/translator FORTRAN
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Economists Salary
Entry
$89k
Mid-level
$132k
Senior
$175k
Economists FAQs
What skills do I need to become a Economists?
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Key skills for Economists include Reading Comprehension, Mathematics, Critical Thinking, Speaking, Active Listening. Strong foundational knowledge in your field plus continuous learning is essential.
How much does a Economists make?
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Economists salaries vary based on experience, location, and employer. Visit our salary guide section for detailed compensation data.
What does a Economists do day-to-day?
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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.
How long does it take to become a Economists?
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The path to becoming a Economists varies. Many enter the field with a bachelor's degree (4 years) plus 1-3 years of entry-level experience, though bootcamps and self-study routes are increasingly common.
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