What is the job of a economist?
Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues.
Do economists get paid well?
The national average annual wage of an economist is $116,020, according to the BLS, which is more than double the average annual salary for all occupations, $51,960. However, the average economist salary swings significantly from this depending on the state you're in.
What is an example of a economist?
While there have been many famous economists, some of the most well-known names include Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, Friedrich Hayek, and Milton Friedman.
Who can call themselves an economist?
In general most positions where your title is "economist" require a PhD, or at least a masters. It doesn't 'always' have to be a PhD in economics, sometimes a related subject like finance, marketing, or statistics will do, depending on what you specialize in.
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