The task performed, skills needed, pay and opportunity outlook of the career. Introduction: An economist is a person whose responsibility is to evaluate economic issues by collecting and analyzing information relating to utilization of resources, and production, distribution and consumption of the goods and services.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 2, Problem 1CE

Summary Introduction

To determine: The task performed, skills needed, pay and opportunity outlook of the career.

Introduction:

An economist is a person whose responsibility is to evaluate economic issues by collecting and analyzing information relating to utilization of resources, and production, distribution and consumption of the goods and services.

Expert Solution & Answer

Answer to Problem 1CE

An economist is a person responsible to evaluate economic issues. Some of the skill set required is a master’s degree or Ph.D., critical thinking, math skills, detail orientation, writing and communication skills. The hourly wage rate in this career is $49.27 and annually it is $102,490. The career of the economist is projected to grow by 6% from 2016 to 2026.

Explanation of Solution

Economist evaluates the various factors which affect the economy.

The skill set which an economist requires is mentioned below:

An economist generally requires a master’s degree or Ph.D.
In case of few elementary level jobs, bachelor’s degree may be enough.
An economist requires some math skills.
Detail oriented.
Critical thinking skills.
Writing and communication skills.

The wage rate of an officer working in this career is:

Hourly wage rate- $49.27.
Annual wage rate- $102,490.

The career of the economist is that it is projected to grow 6% from 2016 to 2026, as fast as average amongst all occupations.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

This week we focused on how to manage corporate social responsibility (CSR) and sustainability efforts. Initial Post Instructions Identify one CSR activity that would align well with the organization and country you selected for your final project. Explain why you believe this CSR activity is a good fit for both the organization and the selected expansion country. Describe one outcome that you would like to achieve from this CSR activity. In your responses to two classmates’ discussion posts, provide a different CSR activity that you recommend for your classmates’ projects. Alternatively, you may provide feedback to your classmates’ selected CSR activity pointing out a possible risk to this action and why you think this CSR activity is risky.

Develop a worthwhile, substantial, and innovative strategic initiative. Your strategic initiative could be for an organization for which you work, or have worked, or for an organization for which you would like to work. For MGT451’s purposes, an organization can be a formal organization such as a for-profit business or a not-for-profit agency. For example, if your ideal job is to be a marketing manager for a consumer products company, develop an initiative to launch a new hair care product into the US market. For this assignment profile the organization, your ideal role in the organization, the nature of the strategic initiative, goals to be achieved, and likely measures of success.

CSR and Corporate Ethics - A Global Approach This week you will start working on your Portfolio Project sections. This Critical Thinking assignment can contribute to the completion of the final portfolio project due in Module Eight. As you complete the module assignments, integrate any feedback from your instructor and the knowledge you gain from taking the course to update your assignments in preparation for completing your international expansion plan due in Module Eight. Now that you have identified the organization, country, and product, the Management Team has asked you to prepare a memo for them for the next meeting to include the research you have gathered on the following topics. Please address your memo to the Managing Director and use an appropriate heading for each of the topics listed. Country Background: Provide a brief overview of the country you have chosen and why you think it will be a good location for the organization to manufacture the proposed product. Corporate…

Answer 2

Question

Chapter 2, Problem 1CE

Summary Introduction

To determine: The task performed, skills needed, pay and opportunity outlook of the career.

Introduction:

An economist is a person whose responsibility is to evaluate economic issues by collecting and analyzing information relating to utilization of resources, and production, distribution and consumption of the goods and services.

Expert Solution & Answer

Answer to Problem 1CE

An economist is a person responsible to evaluate economic issues. Some of the skill set required is a master’s degree or Ph.D., critical thinking, math skills, detail orientation, writing and communication skills. The hourly wage rate in this career is $49.27 and annually it is $102,490. The career of the economist is projected to grow by 6% from 2016 to 2026.

Explanation of Solution

Economist evaluates the various factors which affect the economy.

The skill set which an economist requires is mentioned below:

An economist generally requires a master’s degree or Ph.D.
In case of few elementary level jobs, bachelor’s degree may be enough.
An economist requires some math skills.
Detail oriented.
Critical thinking skills.
Writing and communication skills.

The wage rate of an officer working in this career is:

Hourly wage rate- $49.27.
Annual wage rate- $102,490.

The career of the economist is that it is projected to grow 6% from 2016 to 2026, as fast as average amongst all occupations.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 2, Problem 1CE

Summary Introduction

To determine: The task performed, skills needed, pay and opportunity outlook of the career.

Introduction:

An economist is a person whose responsibility is to evaluate economic issues by collecting and analyzing information relating to utilization of resources, and production, distribution and consumption of the goods and services.

Expert Solution & Answer

Answer to Problem 1CE

An economist is a person responsible to evaluate economic issues. Some of the skill set required is a master’s degree or Ph.D., critical thinking, math skills, detail orientation, writing and communication skills. The hourly wage rate in this career is $49.27 and annually it is $102,490. The career of the economist is projected to grow by 6% from 2016 to 2026.

Explanation of Solution

Economist evaluates the various factors which affect the economy.

The skill set which an economist requires is mentioned below:

An economist generally requires a master’s degree or Ph.D.
In case of few elementary level jobs, bachelor’s degree may be enough.
An economist requires some math skills.
Detail oriented.
Critical thinking skills.
Writing and communication skills.

The wage rate of an officer working in this career is:

Hourly wage rate- $49.27.
Annual wage rate- $102,490.

The career of the economist is that it is projected to grow 6% from 2016 to 2026, as fast as average amongst all occupations.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 2, Problem 1CE

Summary Introduction

To determine: The task performed, skills needed, pay and opportunity outlook of the career.

Introduction:

An economist is a person whose responsibility is to evaluate economic issues by collecting and analyzing information relating to utilization of resources, and production, distribution and consumption of the goods and services.

Expert Solution & Answer

Answer to Problem 1CE

An economist is a person responsible to evaluate economic issues. Some of the skill set required is a master’s degree or Ph.D., critical thinking, math skills, detail orientation, writing and communication skills. The hourly wage rate in this career is $49.27 and annually it is $102,490. The career of the economist is projected to grow by 6% from 2016 to 2026.

Explanation of Solution

Economist evaluates the various factors which affect the economy.

The skill set which an economist requires is mentioned below:

An economist generally requires a master’s degree or Ph.D.
In case of few elementary level jobs, bachelor’s degree may be enough.
An economist requires some math skills.
Detail oriented.
Critical thinking skills.
Writing and communication skills.

The wage rate of an officer working in this career is:

Hourly wage rate- $49.27.
Annual wage rate- $102,490.

The career of the economist is that it is projected to grow 6% from 2016 to 2026, as fast as average amongst all occupations.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 2, Problem 1CE

Summary Introduction

To determine: The task performed, skills needed, pay and opportunity outlook of the career.

Introduction:

An economist is a person whose responsibility is to evaluate economic issues by collecting and analyzing information relating to utilization of resources, and production, distribution and consumption of the goods and services.

Expert Solution & Answer

Answer to Problem 1CE

An economist is a person responsible to evaluate economic issues. Some of the skill set required is a master’s degree or Ph.D., critical thinking, math skills, detail orientation, writing and communication skills. The hourly wage rate in this career is $49.27 and annually it is $102,490. The career of the economist is projected to grow by 6% from 2016 to 2026.

Explanation of Solution

Economist evaluates the various factors which affect the economy.

The skill set which an economist requires is mentioned below:

An economist generally requires a master’s degree or Ph.D.
In case of few elementary level jobs, bachelor’s degree may be enough.
An economist requires some math skills.
Detail oriented.
Critical thinking skills.
Writing and communication skills.

The wage rate of an officer working in this career is:

Hourly wage rate- $49.27.
Annual wage rate- $102,490.

The career of the economist is that it is projected to grow 6% from 2016 to 2026, as fast as average amongst all occupations.

Answer 6

Chapter 2, Problem 1CE

Summary Introduction

To determine: The task performed, skills needed, pay and opportunity outlook of the career.

Introduction:

An economist is a person whose responsibility is to evaluate economic issues by collecting and analyzing information relating to utilization of resources, and production, distribution and consumption of the goods and services.

Expert Solution & Answer

Answer to Problem 1CE

An economist is a person responsible to evaluate economic issues. Some of the skill set required is a master’s degree or Ph.D., critical thinking, math skills, detail orientation, writing and communication skills. The hourly wage rate in this career is $49.27 and annually it is $102,490. The career of the economist is projected to grow by 6% from 2016 to 2026.

Explanation of Solution

Economist evaluates the various factors which affect the economy.

The skill set which an economist requires is mentioned below:

An economist generally requires a master’s degree or Ph.D.
In case of few elementary level jobs, bachelor’s degree may be enough.
An economist requires some math skills.
Detail oriented.
Critical thinking skills.
Writing and communication skills.

The wage rate of an officer working in this career is:

Hourly wage rate- $49.27.
Annual wage rate- $102,490.

The career of the economist is that it is projected to grow 6% from 2016 to 2026, as fast as average amongst all occupations.

Answer 7

Chapter 2, Problem 1CE

Summary Introduction

To determine: The task performed, skills needed, pay and opportunity outlook of the career.

Introduction:

An economist is a person whose responsibility is to evaluate economic issues by collecting and analyzing information relating to utilization of resources, and production, distribution and consumption of the goods and services.

Answer 8

Expert Solution & Answer

Answer to Problem 1CE

An economist is a person responsible to evaluate economic issues. Some of the skill set required is a master’s degree or Ph.D., critical thinking, math skills, detail orientation, writing and communication skills. The hourly wage rate in this career is $49.27 and annually it is $102,490. The career of the economist is projected to grow by 6% from 2016 to 2026.