Quick Facts
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Projected 10-Year Growth+12.50%
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What They Do
An Economic Consulting Partner is a senior position in a consulting firm which may come with the benefit of sharing the profits of the organization. Consults organizations by providing solutions and strategies to economic issues and systems. May perform or lead a team in economic research to support organization decision making.
Core Tasks:
- Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
- Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
- Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
- Explain economic impact of policies to the public.
- Review documents written by others.
- Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.
- Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.
- Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.
- Supervise research projects and students' study projects.
- Develop economic guidelines and standards, and prepare points of view used in forecasting trends and formulating economic policy.
- Teach theories, principles, and methods of economics.
- Testify at regulatory or legislative hearings concerning the estimated effects of changes in legislation or public policy, and present recommendations based on cost-benefit analyses.
- Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.
Career Progression
in United States (Nation)
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