Economist Legal, Social & Cultural Professionals
SaveWhat Does an Economist Do?
Economists perform research and develop theories in the field of economics, whether for microeconomic or macroeconomic analysis. They study trends, analyse statistical data, and to some extent work with economic mathematical models in order to advise companies, governments, and related institutions. They advise on product feasibility, trend forecasts, emerging markets, tax policies, and consumer trends.
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Scientific Research Methodology
The theoretical methodology used in scientific research involving doing background research, constructing an hypothesis, testing it, analysing data and concluding the results.
These are common skills for this role, based on a European framework. Requirements vary between jobs, including in the UK. Real-world experience matters more than ticking every box - use this as a guide, not a checklist.
Skills You Need to Become an Economist
Essential Skills
Essential Skills
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EssentialScientific Research Methodology knowledge
The theoretical methodology used in scientific research involving doing background research, constructing an hypothesis, testing it, analysing data and concluding the results.
Recommended Books
5 books -
EssentialBusiness Management Principles knowledge
Principles governing business management methods such as strategy planning, methods of efficient production, people and resources coordination.
No book recommendations available yet.
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EssentialCommercial Law knowledge
The legal regulations that govern a specific commercial activity.
Recommended Books
1 book -
EssentialEconomics knowledge
Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.
No book recommendations available yet.
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EssentialMathematics knowledge
Mathematics is the study of topics such as quantity, structure, space, and change. It involves the identification of patterns and formulating new conjectures based on them. Mathematicians strive to prove …
No book recommendations available yet.
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EssentialStatistics knowledge
The study of statistical theory, methods and practices such as collection, organisation, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data …
No book recommendations available yet.
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EssentialTax Legislation knowledge
Tax legislation applicable to a specific area of specialisation, such as import tax, government tax, etc.
No book recommendations available yet.
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EssentialAnalyse Economic Trends skill
Analyse developments in national or international trade, business relations, banking, and developments in public finance and how these factors interact with one another in a given economic context.
Course recommendations coming soon.
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EssentialApply Scientific Methods skill
Apply scientific methods and techniques to investigate phenomena, by acquiring new knowledge or correcting and integrating previous knowledge.
Course recommendations coming soon.
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EssentialApply Statistical Analysis Techniques skill
Use models (descriptive or inferential statistics) and techniques (data mining or machine learning) for statistical analysis and ICT tools to analyse data, uncover correlations and forecast trends.
Course recommendations coming soon.
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EssentialConduct Qualitative Research skill
Gather relevant information by applying systematic methods, such as interviews, focus groups, text analysis, observations and case studies.
Course recommendations coming soon.
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EssentialConduct Quantitative Research skill
Execute a systematic empirical investigation of observable phenomena via statistical, mathematical or computational techniques.
Course recommendations coming soon.
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EssentialExecute Analytical Mathematical Calculations skill
Apply mathematical methods and make use of calculation technologies in order to perform analyses and devise solutions to specific problems.
Course recommendations coming soon.
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EssentialPerform Scientific Research skill
Gain, correct or improve knowledge about phenomena by using scientific methods and techniques, based on empirical or measurable observations.
Course recommendations coming soon.
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EssentialProvide Cost Benefit Analysis Reports skill
Prepare, compile and communicate reports with broken down cost analysis on the proposal and budget plans of the company. Analyse the financial or social costs and benefits of a project …
Course recommendations coming soon.
Optional Skills (5 of 22 displayed)
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OptionalContent Marketing Strategy knowledge
The process of creation and share of media and publishing content in order to acquire customers.
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OptionalProject Management knowledge
Understand project management and the activities which comprise this area. Know the variables implied in project management such as time, resources, requirements, deadlines, and responding to unexpected events.
Recommended Books
2 books -
OptionalAccounting Techniques knowledge
The techniques of recording and summarising business and financial transactions and analysing, verifying, and reporting the results.
Recommended Books
1 book -
OptionalFinancial Analysis knowledge
The process of assessing the financial possibilities, means, and status of an organisation or individual by analysing financial statements and reports in order to make well informed business or financial …
No book recommendations available yet.
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OptionalMarket Analysis knowledge
The field of market analysis and research and its particular research methods.
Recommended Books
4 books -
OptionalPublic Law knowledge
The part of law which governs relationships between individuals and the government, and the relationships between individuals which concern society directly.
Recommended Books
2 books -
OptionalCivil Law knowledge
The legal rules and their applications used in disputes between different parties.
Recommended Books
1 book -
OptionalFinancial Forecasting knowledge
The tool used in performing fiscal financial management to identify revenue trends and estimated financial conditions.
No book recommendations available yet.
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OptionalFinancial Markets knowledge
The financial infrastructure which permits trading securities offered by companies and individuals govern by regulatory financial frameworks.
No book recommendations available yet.
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OptionalInternational Import Export Regulations knowledge
Know the principles that govern the import and export of products and equipment, trade restrictions, health and safety measures, licenses, etc.
No book recommendations available yet.
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OptionalSales Promotion Techniques knowledge
The techniques used to persuade customers to purchase a product or a service.
No book recommendations available yet.
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OptionalAnalyse Financial Performance Of A Company skill
Based on accounts, records, financial statements and external information of the market, analyse the performance of the company in financial matters in order to identify improvement actions that could increase …
Course recommendations coming soon.
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OptionalAnalyse Market Financial Trends skill
Monitor and forecast the tendencies of a financial market to move in a particular direction over time.
Course recommendations coming soon.
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OptionalAssess Risk Factors skill
Determine the influence of economical, political and cultural risk factors and additional issues.
Course recommendations coming soon.
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OptionalConduct Public Surveys skill
Conduct the procedures of a public survey from the initial formulation and compilation of the questions, identifying the target audience, managing the survey method and operations, managing the processing of …
Course recommendations coming soon.
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OptionalDevelop Scientific Theories skill
Formulate scientific theories based on empirical observations, gathered data and theories of other scientists.
Course recommendations coming soon.
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OptionalForecast Economic Trends skill
Gather and analyse economic data in order to predict economic trends and events.
Course recommendations coming soon.
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OptionalPerform Public Relations skill
Perform public relations (PR) by managing the spread of information between an individual or an organisation and the public.
Course recommendations coming soon.
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OptionalWrite Research Proposals skill
Synthetise and write proposals aiming to solve research problems. Draft the proposal baseline and objectives, the estimated budget, risks and impact. Document the advances and new developments on the relevant …
Course recommendations coming soon.
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OptionalWrite Scientific Papers skill
Present the hypothesis, findings, and conclusions of your scientific research in your field of expertise in a professional publication.
Course recommendations coming soon.
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OptionalAdvise On Economic Development skill
Advise organisations and institutions on the factors and steps they could take which would promote and ensure economic stability and growth.
Course recommendations coming soon.
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OptionalDevelop Economic Policies skill
Develop strategies for economic stability and growth in an organisation, nation, or internationally, and for the improvement of trade practices and financial procedures.
Course recommendations coming soon.