Economists study complex data and statistics and use their findings to provide financial advice to businesses. As an economist, you’d research and monitor economic trends, and create statistical models to predict future developments.
Employers depend on economists to advise them on the potential impact of policies and investments.
Typical hours per week
37 - 39
How to become an economist
There are several routes to becoming an economist. You could do a university course or an apprenticeship.
You should explore these routes to becoming an economist, to find out which is the right one for you. Although some of these options have certain qualification requirements, many employers are more interested in people who are enthusiastic, willing to learn and can follow instructions.
You may need a (CSCS) card to work on a construction site.
You are likely to require an undergraduate degree in economics or a related subject, such as statistics, mathematics, business studies or finance and accounting.
Some employers may require you to hold a postgraduate master's degree in economics.
You’ll need :
You could complete a degree apprenticeship to become an economist. You'll need 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, to enrol.
An apprenticeship is a good way into the construction industry. Apprenticeships are open to anyone over the age of 16. As an apprentice, you will be fully employed by your company and expected to work a minimum of 30 hours a week.
Your time will be split between on-the-job experience and a college or training provider.
Work experience is essential to gaining employment within the construction industry. You could gain this at school, or by working weekends and holidays with a company or relative who works as an accountant, or in finance.
Potential employers will always be pleased to see work experience listed on your CV.
Additional skills which may benefit anyone considering a job as an economist include :
What does an economist do?
How much could you earn as an economist?
The expected salary for an economist varies as you become more experienced.
Hours and salary depend on location, employer and any overtime you may do.