Associate Economist Responsibilities

The associate economist works in an organization to take care of the budgets, finances and study the way people manage their necessities in the given amount of finances. The associate economist reports to the senior economist and is answerable to him. His work revolves around the orders given by the senior economist. Both of them work in order to create new opportunities through which the organization might make considerable profits. The associate economist studies the market and analysis the financial data. He makes sure that the digits given by him are accurate and authentic because the working of the organization depends on it.

The associate economist's post is respectable but with high post comes high responsibilities and his aim is to fulfill all his duties in the given time line so that the company does not suffer any losses because of him. Another major function of the associate economist is to communicate the laws, policies and duties to the employees so that the working of the organization takes place with ease.

Associate Economist Responsibilities in detail

There are ample amount of responsibilities that are taken care by the associate economist. His work is to fulfill his responsibilities with perfection so that the organization does not suffer because of him. Some of the major responsibilities of the associate economist are given below in detail:

• The associate economist takes care of the finances of the organization and makes sure that the finances are utilized at the right place so that the company do not encounter any losses
• Another major responsibility of the associate economist is to give economic suggestions so as to avoid economic crisis and bring prosperity
• The associate economist also makes sure that he keeps an authentic record of the finances of the company so that they can be used at the right time. The database of the projects taken up and the money spent on it, everything should be noted down by him

Skills of an associate economist

Becoming an associate economist is a skillful job. He takes care of a lot of things in the organization and makes sure that all the things fall into their actual place. Some of the major skills of the associate economist are given below:

• The associate economist should be good with numbers and accounts. He should be aware of how to make budget that can be useful to the organizations. He should be able to do calculations accurately so that the working of the organization take place properly

• Another skill that should be present in the associate economist is good communication skills. The person should be able to communicate his orders and other activities that are to be performed by the subordinates. The associate economist should have effective communication skills so that it becomes easier to interact with the clients

• He should be a good leader. Giving orders and getting the targets done through the efforts of the employees are the major skills of the associate economist. He should make sure that the work done by the subordinates is done properly

Educational qualifications of an associate economist

It is not an easy task to work as an associate economist. The person needs to be highly educated to fulfill the functions of the associate economist. The academic qualifications of the associate economist are given below:

• Bachelor's degree in the field of his choice
• Post graduation in M.B.A (Marketing/finance/economics)
• A prior work experience of at least 3 years in the same field

Career opportunities for an associate economist

The job of an associate economist is a challenging one . He should have detailed knowledge of the work and how it should be done keeping the norms of the organization in mind. The progress of the associate economist depends upon the kind of work he does, he should be extremely talented and good with the work to carry out his responsibilities. The associate economist might get promoted to the post of senior economist if he is good in his work, also he might try in other organizations for the same job opportunity or higher only if he thinks he is a deserving candidate.