Profession economic policy officer

Economic policy officers develop economic strategies. They monitor aspects of economics such as competitiveness, innovation and trade. Economic policy officers contribute to the development of economic policies, projects and programs. They research, analyse and assess public policy problems and recommend appropriate actions.

Personality Type

• Conventional / Investigative
• Enterprising / Conventional

Knowledge

• Economics

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

• Government policy implementation

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

Skills

• Advise on legislative acts

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

• Manage government policy implementation

  Manage the operations of the implementation of new government policies or changes in existing policies on a national or regional level as well as the staff involved in the implementation procedure.

• Consider economic criteria in decision making

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

• Create solutions to problems

  Solve problems which arise in planning, prioritising, organising, directing/facilitating action and evaluating performance. Use systematic processes of collecting, analysing, and synthesising information to evaluate current practice and generate new understandings about practice.

• 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.

• Maintain relations with local representatives

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

• Monitor national economy

  Supervise the economy of a country and their financial institutions such as banks and other credit institutions.

• 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.

• Advise legislators

  Give advice on various government and legislative duties, such as policy creation and the inner workings of a governmental department, to government officials in legislative positions, such as members of parliament, government ministers, senators, and other legislators.

• Forecast economic trends

  Gather and analyse economic data in order to predict economic trends and events.

• Maintain relationships with government agencies

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

Optional knowledge and skills

Source: Sisyphus ODB