Economist | Selby College
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Economists advise government departments, businesses, banks and other organisations about the economy.

Potential salary

£25,000 to £80,000

Employment by 2024


Working hours

37 to 39 a week

  • maths knowledge
  • knowledge of economics and accounting
  • analytical thinking skills
  • excellent verbal communication skills
  • to be thorough and pay attention to detail
  • ambition and a desire to succeed
  • excellent written communication skills
  • the ability to think clearly using logic and reasoning
  • the ability to read English
  • to be able to carry out basic tasks on a computer or hand-held device

Your work will vary depending on whether you’re advising the government or business sector, but your day-to-day duties might include:

  • researching information from computer databases, websites, journals and newspapers
  • monitoring past and present economic issues and trends
  • creating mathematical models to predict future economic developments
  • analysing statistics
  • writing reports and presenting findings
  • examining the effectiveness of current policies
  • advising on the potential economic impact of policies and ideas

You could work in an office or at a university.

With experience, you could progress to senior levels or become a self-employed freelance consultant.

You'll find more advice about working as an economist in the public sector through the Government Economic Service.

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