Introduction:
Economics is a social science that studies how individuals, businesses and communities solve the problem of allocating or distributing resources such as goods, services, money, labour, knowledge, time and capital. There are very few aspects of our lives that cannot be analyzed from an economic perspective; it's a class of study and work that appeals to many.
Class of Specialization: Commercial/Business Studies
Relevant Core Subjects: Mathematics, English, Accounting, Commerce, Economics
Personality Traits/Skills:
He/she must have Information gathering skills, critical thinking, problem solving skills and analytical mind.
Job profile/Duties:
Economists perform the following tasks: research and analyze the production and distribution of goods and services; formulate government economic policies and provide advice in relation to specific economic issues; assess the impact of monetary policies, expenditure and taxation on economic conditions; identify opportunities to improve efficiency and international competitiveness; prepare forecasts and analyse trends; and provide recommendations on specific economic issues.
Where to work:
Agricultural companies, analysis/forecasting firms, banks/ credit unions, computer /telecommunication companies, economic research institutions, environmental protection agencies, financial information firms, government departments (all levels), insurance companies, international trade companies, investment dealers, labour unions, manufacturing firms, management consulting firms, market research houses, newspapers, oil companies, real estate agencies, statistical research firms, stock exchanges, transportation companies, trust companies and utility companies.
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