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Economists should also possess the following specific qualities:Analytical skills. Economists must be able to review data, observe patterns, and draw logical conclusions.Communication skills.Critical-thinking skills.Detail oriented.Math skills.Writing skills.
An economist is someone who professionally studies commerce and its related trends. They collect data to evaluate how resources and services are distributed within a community or society.
The educational commitment for becoming an economist is extensive; many jobs in the field require a master's degree or PhD. As a result, it can take anywhere from four to twelve years to complete your schooling.
Step-by-Step Guide to Becoming an EconomistStep One: Earn a Bachelor's Degree (Four Years)Step Two: Research Internship Opportunities (One to Two Years, Optional)Step Three: Pursue a Master's Degree (Two Years)Step Four: Gain Work Experience (Timeline Varies)Step Five: Consider a PhD (Four to Seven Years, Optional)More items...
A master's degree or Ph. D. is required for most economist jobs. Positions in business, research, or international organizations often require a combination of graduate education and work experience. In addition, courses that introduce students to statistical analysis software are helpful.
If you enjoy researching and analyzing economic issues and their related data using math and statistics, and if you enjoy making forecasts, designing policies and advising others through reports and presentations, then working as an economist might be an ideal career choice for you.
An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy.
With a background in economics it seems anything is possible. Other common economics careers and roles include auditor, stockbroker, insurer, business manager, retail merchandizer, pricing analyst, statistician, financial consultant and salesperson.
Here's how you can become an economist, in five steps:Earn a bachelor's degree.Seek internship opportunities.Earn a master's degree.Find work opportunities.Consider earning a doctoral degree.Hone your skills.Stay current.Seek professional development opportunities.More items...?
You are likely to require an undergraduate degree in economics or a related subject, such as statistics, mathematics, business studies or finance and accounting. Some employers may require you to hold a postgraduate master's degree in economics.