Job Definition

  • Evaluating the outcome of political decisions concerning public economy and finances, and advising on economic policy and possible courses of action in the light of past, present and projected economic factors and trends
  • Preparing scholarly papers and reports
  • Formulating recommendations, policies and plans for the economy, corporate strategies and investment, and undertaking feasibility studies for projects
  • Conducting research on market conditions in local, regional or national areas to set sales and pricing levels for goods and services, to assess market potential and future trends and to develop business strategies
  • Analyzing factors that determine labour force participation, employment, wages, unemployment and other labour market outcomes
  • Monitoring economic data to assess the effectiveness, and advise on the appropriateness, of monetary and fiscal policies
  • Forecasting changes in the economic environment for short-term budgeting, long-term planning and investment evaluation
  • Preparing forecasts of income and expenditure, interest rates and exchange rates
  • Forecasting production and consumption of specific products and services based on records of past production and consumption and general economic and industry-specific conditions
  • Applying mathematical formulae and statistical techniques to test economic theories and devise solutions to economic problems
  • Compiling, analyzing and interpreting economic data using economic theory and a variety of statistical and other techniques
  • Examining problems related to the economic activities of individual companies

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    Skill level

    Highly skilled
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