What is economics and what do economist do?
By The National Socio-Environmental Synthesis Center
Economist
About
Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues. Economists apply both qualitative and quantitative economic analysis to topics within a variety of fields, such as education, health, development, and the environment. Some economists study the cost of products, healthcare, or energy, while others examine employment levels, business cycles, exchange rates, taxes, inflation, or interest rates.
Education
Bachelor's
in Economics, Mathematics, or a related field
Master's
MA/MSc in an Economics related field
Master's
MBA in Finance
Ph.d
in Economics, Public Policy, Econometrics, etc.
Skills Required
Job Prospects
- Economist
- Financial Risk Analyst
- Accountant
- Investment Analyst
- Financial Consultant
Salary / Annum
400,000
Fresher130,000
Average2,400,000
ExperiencedCities Data
Jobs Outlook
- About 1,600 openings for economists are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers.
- In recent years, there has been an increase in the demand for economic analysts, researchers and consultants as they are well-equipped to effectively handle the increasing complexities of a globalized world.
- Job opportunities are increased because of globalization and after the merging of the world economy. A well-trained economist has a high demand not only in India but also across the world.
Promising Profiles
Dr Aurodeep Nandi
India Economist, Vice President at Nomura
Aastha Gudwani
India Economist at Bank of America Merrill Lynch
