Profession economic development coordinator

Economic development coordinators outline and implement policies for the improvement of a community's, government's or institution's economic growth and stability. They research economic trends and coordinate cooperation between institutions working in economic development. They analyse potential economic risks and conflicts and develop plans to resolve them. Economic development coordinators advise on the economic sustainability of institutions and economic growth.

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Personality Type

  • Investigative / Enterprising

Knowledge

  • Public finance

    The economic influence of the government, and the workings of government revenue and expenditures.

  • Economics

    Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.

  • Government policy implementation

    The procedures involved in the implementation of government policies in national and local governmental organisations.

Skills

  • Consider economic criteria in decision making

    Develop proposals and take appropriate decisions taking into account economic criteria.

  • 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.

  • Advise on legislative acts

    Advise officials in a legislature on the propositioning of new bills and the consideration of items of legislation.

  • Maintain relations with local representatives

    Maintain good relations with representatives of the local scientific, economic and civil society.

  • Assess risk factors

    Determine the influence of economical, political and cultural risk factors and additional issues.

  • Develop economic policies

    Develop strategies for economic stability and growth in an organisation, nation, or internationally, and for the improvement of trade practices and financial procedures.

  • Maintain relationships with government agencies

    Establish and maintain cordial working relationships with peers in different governmental agencies.

  • 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.

  • Liaise with local authorities

    Maintain the liaison and exchange of information with regional or local authorities.

Optional knowledge and skills

carry out strategic research create solutions to problems ensure cross-department cooperation analyse market financial trends advise on government policy compliance develop professional network manage government-funded programmes market analysis ensure information transparency manage government policy implementation apply statistical analysis techniques carry out statistical forecasts financial forecasting advise on public finance present reports statistics