Economics is a social science that studies how people satisfy unlimited wants with scarce resources. It involves the analysis of choice and trade through the use of intuitive graphs and mathematical elements.
Who is an Economist
An economist is a 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.
Brief intro of Economics
Economics focuses on the behavior and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the entire economy (meaning aggregated production, consumption, savings, and investment) and issues affecting it, including unemployment of resources (labor, capital, and land), inflation, economic growth, and the public policies that address these issues (monetary, fiscal, and other policies).
Job opportunities available for an Economist
An Economist can work as the following;
Chartered certified accountant
Chartered public finance accountant
Financial risk analyst
Jobs where your degree would be useful include:
Business development manager
Civil Service fast streamer
Diplomatic service officer
Local government officer
Skills needed for an Economist
The following skills are expected of by an Economics in order to be above others;
Communication – presenting findings and explaining complex data
Numeracy – handling complex data and applying mathematical and statistical analysis methods
Problem solving – extracting information, drawing conclusions and making recommendations
computing – using specialised software
Time management – completing specific tasks within designated time frames
Analytical skills – analysing research methods, data, conclusions and recommendations.