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Economists study complex data and statistics and use this to deliver predictions of future trends.

The Role

  • Gathering information from multiple sourcesGathering and analysing huge amounts of data from sources including government figures, publications, web-based research and industry surveys.
  • Researching and understanding economic models and trends
  • Using computer programs to analyse data collected
  • Meeting with colleagues and clients to share information
  • Preparing reports explaining the potential economic impact of different decisions
  • Making presentations to technical and non-technical audiences
  • Preparing forecasts that enable organisations to plan the allocation of resources
  • Predicting future market requirements
  • Establishing training or investment requirements
  • Assessing the feasibility of a proposed project 
  • Working standard office hours, Monday to Friday
  • Likely to be occasions when it is necessary to work late, particularly in more senior roles.


  • Newly trained economists can earn in the region of £25,000-£30,000
  • Trained with experience economists can earn in the region of £40,000-£55,000
  • Senior, chartered or master economists can earn in the region of £60,000-£85,000

Salaries typically range depending on location and level of responsibility.

Qualifications and Training

There are a number of routes that can lead to a career as an economist but most will require a degree or equivalent in economics or a related subject like business studies, maths or physics.

Many employers will also look for candidates with postgraduate qualifications such as a Masters in Economics. 

Next Steps


Check out the latest Economist vacancies: 

As these are external websites, the number of job vacancies related to your preferred job role may vary. 

Check daily to see new opportunities as they are posted!

Find out more

For information on the Economist role in Scotland please visit the Skills Development Scotland website My World of Work.

Take our Ultimate Quiz to find out which role is right for you.

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