JourneyCareersData Economist
Global Career Guide (EN)From Economics β†’

Data Economist

AI

Data economists study numbers and statistics to understand how the economy works and what decisions businesses and governments should make. They help people understand what information tells us, and why it matters.

The role

What a data economist actually does, day to day.

As a Data Economist, you work with big sets of numbers to answer questions about the economy. You gather information from lots of sources, clean it up, and look for patterns that show how things really work - whether that is how people spend money, why some industries grow faster, or whether a new government policy will help people.

Most of your time is spent using computer software to sort and study these large datasets. You build models - which are like experiments on numbers - to test ideas and make predictions. You then explain what you found to people who make decisions, like business leaders or government officials, and make sure they understand what the numbers really mean. You have to stay current with new statistical methods and new sources of data.

A typical week

Day to day

1Collect, clean, and analyze large datasets to extract meaningful economic insights.
2Develop econometric models to forecast economic trends and assess policy impacts.
3Collaborate with cross-functional teams to integrate data findings into strategic decisions.
4Present analytical findings and recommendations to stakeholders in a clear and compelling manner.
5Stay updated on economic theories and data analytics techniques to enhance analytical approaches.
6Utilize advanced statistical software and programming languages to manipulate data efficiently.
7Conduct research on current economic conditions and emerging market trends.