6 Views

how to become an economist ? full guide for it


rahulnagwanshi88 16th Sep, 2024
Answers (2)
Sajal Trivedi 17th Sep, 2024

Hello aspirant,

In order to study the supply and demand of resources, goods, and services, economists are professionals who collect and analyze data, observe trends, and evaluate economic concerns. Typically, becoming an economist requires years of extensive schooling and the acquisition of a broad range of abilities. It can be easier for you to determine if economics is the proper field for you to pursue a career in if you know what actions to take.

To know the complete process of becoming an economist, you can visit our site by clicking on the link given below.

https://www.careers360.com/careers/economist

Thank you

monag2673 16th Sep, 2024

Becoming an economist requires a combination of education, skills, and practical experience. Here's a step-by-step guide:


### 1. **Educational Foundation**:

- **High School**: Focus on subjects like Economics, Mathematics, and Statistics. Strong analytical and quantitative skills are essential.

- **Bachelor's Degree**: Pursue a degree in Economics or related fields (such as Mathematics, Finance, or Statistics). This provides foundational knowledge in microeconomics, macroeconomics, econometrics, and mathematical modeling.


### 2. **Master’s Degree**:

- A **Master's in Economics** (or related fields like Development Economics, International Economics, etc.) is usually essential for advanced positions. You’ll learn advanced theories, data analysis, and policy-making.

- Top universities like LSE, Harvard, and Delhi School of Economics offer excellent programs.


### 3. **PhD in Economics** (Optional but advantageous):

- A **PhD** is recommended for those who want to pursue research, academic, or high-level government roles. It involves deep research into economic issues and can take 4-6 years.


### 4. **Gain Practical Experience**:

- **Internships** or entry-level jobs at economic research organizations, financial institutions, or government agencies provide practical experience.

- Skills in **data analysis**, software like **Stata, R, Python**, and econometric tools are critical.


### 5. **Develop Specializations**:

- Economists often specialize in areas like **labor economics, public policy, international economics, or financial markets**.


Continuous learning and staying updated on economic trends is key to a successful career as an economist.

Related Questions

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships | Application Deadline: 30th Nov'24
Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities In QS Asia Rankings 2025 | Scholarships worth 210 CR
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
ICFAI Business School-IBSAT 2024
Apply
9 IBS Campuses | Scholarships Worth Rs 10 CR
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books