Will “Business Economist” be Automated?

Core Skills & Abilities

• Explain economic impact of policies to the public.

• Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.

• Develop economic guidelines and standards, and prepare points of view used in forecasting trends and formulating economic policy.

• Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.

• Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.

• Supervise research projects and students' study projects.

• Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.

• Review documents written by others.

• Teach theories, principles, and methods of economics.

• Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

• Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.

• Testify at regulatory or legislative hearings concerning the estimated effects of changes in legislation or public policy, and present recommendations based on cost-benefit analyses.

• Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.

• Forecast production and consumption of renewable resources and supply, consumption, and depletion of non-renewable resources.