Economist skills summary. Below you'll find the most important economist skills. We sorted the top economist skills based on the percentage of economist resumes they appeared on. For example, 8.8% of economist resumes contained economic research as a skill.
- The most common economist hard skill is economic research. 8.8% of economists have this skill on their resume.
- The second most common hard skill for an economist is research findings appearing on 6.7% of resumes. The third most common economist skill is economic analysis on 5.8% of resumes.
- Three common economist soft skills are speaking skills, writing skills and analytical skills.
After you find the economist skills you need, you can them to your resume using an AI resume builder.
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Below we've compiled a list of the most critical economist skills. We ranked the top skills for economists based on the percentage of resumes they appeared on. For example, 8.8% of economist resumes contained economic research as a skill. Continue reading to find out what skills an economist needs to be successful in the workplace.
15 essential economist skills for your resume and career
1. Economic Research
Economic research focuses on short and medium-term research in competitiveness, market structure, productivity, framework policies, business innovation, business investment, and sectoral trends and issues.
Here's how economic research is used on economist resumes:
- Provided peer-review to actuarial and economic research, as well as statistical and econometric consulting services as consultant to internal requests.
- Performed Econometric modeling techniques for a macroeconomic research project where I analyzed the significance of variables at different levels.
- Directed value added qualitative/quantitative economic research geared to help TRW traders make informed decisions about market inefficiencies.
- Gathered empirical data and conducted demographic and economic research.
- Performed economic research and data analysis.
2. Research Findings
Here's how research findings is used on economist resumes:
- Organized researched data into report format, including graphical illustrations of research findings.
- Acted as project economist in various teams aimed at commercializing research findings.
- Conducted research on economic issues that inform government's socioeconomic policy direction and disseminated research findings through technical reports.
- Presented research findings to industry stakeholders.
- Compiled, summarized and presented research findings to business partners and senior management.
3. Economic Analysis
Economic analysis refers to examining or assessing issues or topics from an economist's point of view. The goal of such analysis is to find out how efficiently the economy or something within it is functioning. For example, a company's economic analysis would involve determining the profit it is making. According to some economists, economic analysis involves a systematic approach to determine how to use scarce resources optimally. To perform economic analysis, you should have analytical, communication, critical thinking, mathematical, statistical, and writing skills, in addition to being detail-oriented.
Here's how economic analysis is used on economist resumes:
- Translated data into written reports/economic analysis for clients and for online blogs, connecting results of analysis to actionable information.
- Managed several important client relationships and performed customized economic analysis for clients from a variety of industries and government institutions.
- Briefed the Secretary of Commerce on the latest economic developments and coordinated economic analysis of key policy initiatives.
- Prepared reports, studies and forecasts on major and significant utility issues using statistical and economic analysis techniques.
- Conducted economic analysis and prepared reports on selected topics including developments in exchange rate, inflation and economic growth
4. Research Projects
Here's how research projects is used on economist resumes:
- Conducted research projects on the effectiveness of financial recovery programs and monitored the status of domestic commercial real estate.
- Coordinated team activities and assigned professional staff in research projects.
- Conducted economic and human dimensions research projects.
- Designed and analyzed electricity market research projects.
- Collaborated with the Bank of Canada on research projects.
5. Econometrics
Here's how econometrics is used on economist resumes:
- Developed and maintained econometrics modeling forecasts relating to banking, finance and the economy.
- Utilized various econometrics techniques and statistical methods to assist in regression analysis.
- Applied Econometrics and Mathematical Economics.
- Utilized econometrics (survival and regression analysis), forecasting and economic modeling to grow profits for clients through pricing strategies.
- Led the department research in forecasting and econometrics.
6. Project Management
Here's how project management is used on economist resumes:
- Project management in environmental protection, democracy, economics, free trade, health, and education.
- Implement new software and project management applications to enhance workgroup productivity.
- Project Management Department Industry: Public-National Government
- Experienced in project management and operations management.
- Lead the Economic Division with marketing, hiring of key individuals, project management and review of all economic analysis.
7. Economic Data
Economic data, also known as economic statistics, refer to quantitative measurements that record the economy. This allows companies and researchers to determine what the economy was like during a certain period of time compared to other economies, whether another country's economy at the same time or compared to the same economy years in the future.
Here's how economic data is used on economist resumes:
- Provided participating agencies with various reports containing economic data and provided assistance with interpreting and applying the information in the reports.
- Conducted analysis of national and state based economic data and produced reports on findings
- Assessed economic data and political events for investment strategy impact.
- Gathered, analyzed, and standardized national economic data.
- Apply analysis of economic data to explain economic conditions.
8. Policy Issues
Policy issues are key issues that influence the economic, social, and political life of a place where conflicts arise over the direction of government policy. Often the policy issues are general, dealing with broad approaches to problems, such as whether the federal government should increase spending on national defense or whether social security should be privatized in some fashion.
Here's how policy issues is used on economist resumes:
- Formulated and implemented the country strategy by engaging with policymakers on key policy issues.
- Developed background studies on monetary and fiscal policy issues in Brazil, and structural and financial sector reforms in Peru.
- Analyzed trade trends and formulated U.S. Treasury recommendations on trade policy issues related to Latin America and the Caribbean.
- Key staffer responsible for tracking and advising Secretary on policy issues related to foreign holdings of Treasury debt instruments.
- Traveled to Eastern Europe to advise governments on policy issues related to their transition to market economies.
9. SAS
SAS stands for Statistical Analysis System which is a Statistical Software designed by SAS institute. This software enables users to perform advanced analytics and queries related to data analytics and predictive analysis. It can retrieve data from different sources and perform statistical analysis on it.
Here's how sas is used on economist resumes:
- Assisted senior economists to develop econometric models for analyses using SAS.
- Maintained employment trend SAS forecasting database.
- Maintained and updated a SAS database containing economic, demographic and business data from a variety of public and private sources.
- Created the SAS application to provide the Center for Disease and Control (CDC) with Arkansas injury hospitalization information.
- Mapped 6-month swap trends of various financial institutions using SAS and Microsoft Excel, reported findings to the Chief Economist.
10. Data Collection
Data collection means to analyze and collect all the necessary information. It helps in carrying out research and in storing important and necessary information. The most important goal of data collection is to gather the information that is rich and accurate for statistical analysis.
Here's how data collection is used on economist resumes:
- Prepared survey questionnaires and developed effective face-to-face interview techniques and other methods to ensure accurate, efficient data collection.
- Demonstrated excellent skills in data collection, data management, interpretation and analysis in several capacities.
- Interfaced with multiple national public agencies and private companies throughout data collection and analysis.
- Conducted extensive research to define data collection methods to streamline process and increase productivity.
- Coordinate data collection and analysis that will improve overall program performance.
11. Statistical Analysis
Here's how statistical analysis is used on economist resumes:
- Reviewed the validity of third-party reports on proposed legislative policies through statistical analysis (regression, correlation) and literature reviews.
- Created a lender clustering framework based on the application of industry trends and statistical analysis of lender-level data.
- Provided economic and statistical analysis for U.S. Trade Representative Office's enforcement and trade policy promotion and development.
- Provide recommendations for software updates based on current industry and academic computational and statistical analysis.
- Created and implemented a proprietary survey and statistical analysis on bank reward programs.
12. Data Analysis
Here's how data analysis is used on economist resumes:
- Performed data analysis and research on economics of education and labor economics.
- Manage teams of junior staff members to complete data analysis, document creation and auditing projects.
- Developed and taught a training class for state labor agencies in statistical and data analysis.
- Prepare and present results found from data analysis in a development context.
- Applied microeconomic theory and data analysis to the evaluation of liability and damages in employment matters.
13. Stata
STATA is a statistical software package used for data visualization, manipulation, statistics, and automated reporting. Individuals with experience in using other types of statistical software or a background in data science may find it easier to absorb the concepts of STATA quickly.
Here's how stata is used on economist resumes:
- Analyzed, constructed, and manipulated data using STATA and Excel to facilitate expert analysis.
- Conduct analyses of sector data using Stata and Excel and write reports summarizing results to help improve program targets.
- Completed many ad-hoc data management and analysis requests using STATA, MATLAB, and Excel.
- Use of R, Python, Stata, PostgreSQL, and MS Excel.
- Analyzed regional data, published commentaries, and constructed models via Stata and Bloomberg.
14. Interest Rates
Here's how interest rates is used on economist resumes:
- Developed original Mortgage Monitor weekly report that summarized key factors driving interest rate movements and provided mortgage rate forecasts.
- Interpreted domestic and international economic developments and their impact on Federal Reserve interest rate policy decisions.
- Designed Interest Rate Forecasting and Reporting Models.
- Analyzed relationships between the money supply and interest rates to provide short-term forecasts of the impact on the bond markets.
- Advise leadership on macroeconomic issues, such as the relationship between debt, interest rates, and economic growth.
15. Macro
Here's how macro is used on economist resumes:
- Conducted research and current analysis on macro economic and capital markets issues.
- Assist colleagues in creating formula macros and formatting data across various commercial and in-house platforms.
- Experience across global macro, macro and micro consulting.
- Analyzed and relayed Macro Economic trends to help minimize risk exposure and information of emerging trends to other group analyst
- Present the functions and uses of the MLS macro on the mainframe computer at the MLS technician's conference.
What skills help Economists find jobs?
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List of economist skills to add to your resume
The most important skills for an economist resume and required skills for an economist to have include:
- Economic Research
- Research Findings
- Economic Analysis
- Research Projects
- Econometrics
- Project Management
- Economic Data
- Policy Issues
- SAS
- Data Collection
- Statistical Analysis
- Data Analysis
- Stata
- Interest Rates
- Macro
- SQL
- IRS
- Financial Markets
- Analyze Data
- Treasury
- Litigation
- Statistical Methods
- Economic Models
- BLS
- Macroeconomic
- Statistical Data
- Financial Statements
- Financial Analysis
- Transfer Pricing
- PowerPoint
- Quantitative Analysis
- Statistical Software
- Policy Analysis
- Technical Assistance
- Government Agencies
- Cost-Benefit Analysis
- Economic Studies
- Medicare
- Impact Analysis
- Regression
- Fixed Income
- Research Results
- Data Quality
- Economic Impacts
- R
- Bloomberg
- VBA
- Financial Data
Real examples of economist skills on resumes
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Most important economist skills according to experts
What skills stand out on Economist resumes?
Chad Sparber Ph.D.
W. Bradford Wiley Chair in International Economics, Professor of Economics, Colgate University
Economics majors develop outstanding quantitative and analytical skills. They can take complex problems, concentrate on the essential information, and develop solutions. For Colgate graduates specifically, our students must develop independent research projects for their senior theses. Each student must pose an interesting question, review past academic literature, gather data, and perform statistical analysis to develop answers and interesting insights. This becomes a talking point during job interviews. The research experience tells employers a lot more about the student's capabilities and interests than an exam ever could.
What Economist skills would you recommend for someone trying to advance their career?
Patrick Scott Ph.D.
Assistant Professor of Economics, Louisiana Tech University
I wouldn't recommend the gap years. Instead, I would suggest start higher education now or pursue graduate degrees to give yourself a marketable edge.
What hard/technical skills are most important for Economists?
Chad Sparber Ph.D.
W. Bradford Wiley Chair in International Economics, Professor of Economics, Colgate University
Employers like that our students are well trained with data and statistical analysis software, ranging from Excel at a basic level to more advanced Stata skills.
What soft skills should all Economists possess?
Chad Sparber Ph.D.
W. Bradford Wiley Chair in International Economics, Professor of Economics, Colgate University
Economists talk ad nauseum about costs and benefits. That is an important perspective to bring to a meeting -- someone in the room must temper enthusiasm about new projects and proposals to help ensure that decision-makers have considered all the consequences, strengths, and weaknesses. But that willingness to provide critical dissent does not always receive a warm welcome. It is important to communicate that this kind of feedback is intended to help inform decision-making for the betterment of the organization; it is not meant to be mean for the sake of being mean.
What type of skills will young Economists need?
Mike Aguilar
Professor, University of North Carolina at Chapel Hill
The typical Economics major on the job market doesn't need economics, per se. They need the analytical skills that the economics curriculum provides. We train students to think and analyze situations in a manner that other disciplines do not. Sometimes that will lead them to quantitative jobs, and sometimes it will lead them to qualitative jobs. As such, the necessary skills vary.
In general, I would say deep quantitative skills are becoming increasingly attractive. Job titles such as analyst, quantitative analysts, data analysts, and data scientists are accessible to economics majors. This requires a strong understanding of statistics and computational methods. At a minimum, these students should have an advanced understanding of Excel and at least one computational language like R, Python, or Matlab. Database skills are very helpful as well. Moreover, data visualization is key. Economics majors tend to be great storytellers.
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Online courses to improve economist skills
One of the best ways to learn the skills needed to bean economist is to take online courses to advance your career, like those provided by Udemy and Coursera.
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Updated December 8, 2023
