Profession business economics researcher
Business economics researchers conduct research on topics regarding economy, organisations, and strategy. They analyse macroeconomic and microeconomic trends and use this information to analyse the positions of industries or specific companies in the economy. They provide advice regarding strategic planning, product feasibility, forecast trends, emerging markets, taxing policies, and consumer trends.
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- Investigative / Enterprising
- Business management principles
Principles governing business management methods such as strategy planning, methods of efficient production, people and resources coordination.
- Financial markets
The financial infrastructure which permits trading securities offered by companies and individuals govern by regulatory financial frameworks.
Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.
- Analyse market financial trends
Monitor and forecast the tendencies of a financial market to move in a particular direction over time.
- Advise on economic development
Advise organisations and institutions on the factors and steps they could take which would promote and ensure economic stability and growth.
- Execute analytical mathematical calculations
Apply mathematical methods and make use of calculation technologies in order to perform analyses and devise solutions to specific problems.
- Conduct quantitative research
Execute a systematic empirical investigation of observable phenomena via statistical, mathematical or computational techniques.
- Forecast economic trends
Gather and analyse economic data in order to predict economic trends and events.
- Apply scientific methods
Apply scientific methods and techniques to investigate phenomena, by acquiring new knowledge or correcting and integrating previous knowledge.
- Apply statistical analysis techniques
Use models (descriptive or inferential statistics) and techniques (data mining or machine learning) for statistical analysis and ICT tools to analyse data, uncover correlations and forecast trends.
- Analyse economic trends
Analyse developments in national or international trade, business relations, banking, and developments in public finance and how these factors interact with one another in a given economic context.
- Work in an economically efficient manner
Perform work processes as efficiently as possible, avoiding the waste of materials, time, and energy as much as possible.