Math > Econometrician
Salary National Average
| Low | Medium | High |
|---|---|---|
| 74820.0000 | 93060.0000 | 127980.0000 |
Change from Previous Year:
+3%
Supply and Demand
Candidate Supply: 2,011 Job Openings: 44,728
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Short Description:
An Econometrician is a specialized economist who applies statistical and mathematical techniques to analyze economic data and model economic relationships. They play a crucial role in understanding and predicting economic phenomena, assessing the impact of policies, and making data-driven recommendations for businesses, governments, and organizations.
Duties / Responsibilities:
- Collect, clean, and analyze economic data to identify patterns and relationships.
- Develop and apply econometric models to test hypotheses and make forecasts about economic variables.
- Conduct economic research to address specific issues, such as market trends, policy evaluation, or financial risk assessment.
- Interpret and communicate complex economic findings to non-technical stakeholders.
- Collaborate with other economists, analysts, and researchers on interdisciplinary projects.
- Advise on economic strategy, policy, and decision-making based on econometric analysis.
- Stay current with the latest econometric methodologies and economic theories.
- Use statistical software, such as R, SAS, or Stata, for data analysis and modeling.
- Publish research findings in academic journals or present them at conferences.
- Ensure data quality and integrity, including addressing issues like missing data or outliers.
Skills / Requirements / Qualifications
- Education: Bachelor's, master's, or Ph.D. in economics, econometrics, or a related field.
- Analytical: Strong analytical and statistical skills, including knowledge of regression analysis and time-series modeling.
- Programming: Proficiency in econometric software and programming languages (e.g., R, Python).
- Problem-Solving: Excellent problem-solving and critical thinking abilities.
- Communication: Strong communication and presentation skills for conveying economic insights to diverse audiences.
- Economic Theory: Familiarity with economic theory and the ability to apply it to real-world problems.
- Economic Databases: Knowledge of economic and financial databases and sources.
- Economic Research: Experience in economic research, data analysis, or policy evaluation can be beneficial, particularly for advanced roles.
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