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A Day in the Life
An economist works to research and analyzes the relationship between a society’s resources and its production or output through the use of math and statistics. They then analyze the costs and benefits of distributing and consuming certain goods and services. This information is then used to make predictions about future market trends, design policies, and advise others through the form of written reports and oral presentations.
Some of the major tasks that economists complete daily are conducting research, collecting and analyzing data, tracking economic trends, developing forecasts, and presenting research results.
Skills You'll Need
Ability to review data, observe patterns, and come to logical conclusions
Excellent communication skills
Proficiency in mathematical analysis
Superb critical-thinking skills that can be applied to solve complex problems
Advanced understanding of data analysis and manipulation
Industries You'll Work In
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The Network You'd Build
Here are a few real-word examples of jobs and people working in this industry right now.