Economist

Economists apply economic analysis to issues within a variety of fields, such as education, health, development, and the environment. Some economists also study the cost of products, healthcare, or energy.

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KEY SKILLS

  • Mathematical aptitude

  • Knowledge of social sciences

  • Good at understanding complex systems

  • Curious

  • Independent thinker

  • Comfort with uncertainty

  • Written skills

  • Verbal communication skills

  • Open-minded

  • Self-driven

  • Detail-oriented

  • Critical and Analytical thinking

PROS

  • High-paying career.

  • You can do several specializations such as financial, labour and international economists, and many more.

  • Jobs available in multiple industries such as government, management, research, etc.

  • You might get opportunities to travel abroad.

  • You are better informed of the complexity out there.

  • Advantageous in making certain financial decisions.

  • Complete knowledge of every common stock and bond available to purchase.

  • People from all walks of life will respect you if you are an experienced & knowledgeable Economist.

  • You are well-versed in how a market operates.

CONS

  • Strong job competition.

  • Strict deadlines may cause pressure and stress.

  • May require hectic work hours.

  • Education requires a lot of time.

  • Economists can sometimes be prone to thinking more theoretically than necessary.

  • Economists can make mistakes or predictions may fall short - often could be due to a lack of reliable assumptions & oversimplification. 

OPPORTUNITY TYPES

GOT WHAT IT TAKES?

  • Companies

  • Freelancer

  • Agencies

  • Teaching

  • Think Tanks

  • Government

  • You know how to research economic issues.

  • You know how to conduct surveys and collect data for your research.

  • You need to analyze data using mathematical models, statistical techniques, and software.

  • You have to research results in reports, tables, and charts.

  • You have to interpret and forecast market trends.

  • You know how to advise businesses, governments, and individuals on economic topics.

  • You love to recommend solutions to economic problems.

  • You need to write articles for academic journals and other media.

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