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.

Personality Type

• Investigative / Enterprising

Knowledge

• Government policy implementation

  The procedures related to the application of government policies at all levels of public administration.

• 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.

Skills

• Maintain relationships with government agencies

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

• Liaise with local authorities

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

• Consider economic criteria in decision making

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

• 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.

• Assess risk factors

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

• Advise on legislative acts

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

• 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.

• 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.

• Maintain relations with local representatives

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

Optional knowledge and skills

Source: Sisyphus ODB