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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.