An econometrician is an economics expert who uses statistics and detailed mathematical equations to understand and predict situations.
Roles and responsibilities
What does an Econometrician do?
Econometricians may perform the following tasks:
- analyse data about employment, supply and demand, inflation, company profits, and many other important economic topics
- apply quantitative analysis techniques and economic theory to analyze economic relationships and apply them to real-world applications
- discover spending trends and explain hypothetical situations if one or more variables are changed
- recommend the application of econometric principles to planning office or department
- serve as resource and advisor to other internal departments and to senior management with regards to econometric modeling designs and development
- construct and maintain databases that are used in conjunction with modeling
- support research and data analysis by performing system analysis and developing suitable computer applications.
What personal requirements will you need?
- Oral and written communication
- Information gathering, evaluation and use
- Critical and analytical thinking
- Creative problem solving
The University of Western Australia