How Economists stay on track

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Economists hourly rate: $52,09

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What is the job of the Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Key tasks of the Economists

  • Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.

  • Conduct research on economic issues and disseminate research findings through technical reports or scientific articles in journals.
  • Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
  • Supervise research projects and students’ study projects.
  • Teach theories, principles, and methods of economics.
  • Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
  • Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.
  • Explain economic impact of policies to the public.
  • Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.
  • Forecast production and consumption of renewable resources and supply, consumption, and depletion of non-renewable resources.
  • Develop economic guidelines and standards and prepare points of view used in forecasting trends and formulating economic policy.
  • Write technical documents or academic articles to communicate study results or economic forecasts.
  • Conduct research on economic and environmental topics, such as alternative fuel use, public and private land use, soil conservation, air and water pollution control, and endangered species protection.
  • Collect and analyze data to compare the environmental implications of economic policy or practice alternatives.
  • Assess the costs and benefits of various activities, policies, or regulations that affect the environment or natural resource stocks.
  • Prepare and deliver presentations to communicate economic and environmental study results, to present policy recommendations, or to raise awareness of environmental consequences.
  • Develop programs or policy recommendations to achieve environmental goals in cost-effective ways.
  • Develop economic models, forecasts, or scenarios to predict future economic and environmental outcomes.
  • Demonstrate or promote the economic benefits of sound environmental regulations.
  • Conduct research to study the relationships among environmental problems and patterns of economic production and consumption.
  • Perform complex, dynamic, and integrated mathematical modeling of ecological, environmental, or economic systems.
  • Write social, legal, or economic impact statements to inform decision makers for natural resource policies, standards, or programs.
  • Teach courses in environmental economics.
  • Develop programs or policy recommendations to promote sustainability and sustainable development.
  • Develop systems for collecting, analyzing, and interpreting environmental and economic data.
  • Write research proposals and grant applications to obtain private or public funding for environmental and economic studies.
  • Examine the exhaustibility of natural resources or the long-term costs of environmental rehabilitation.
  • Monitor or analyze market and environmental trends.
  • Develop environmental research project plans, including information on budgets, goals, deliverables, timelines, and resource requirements.

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What other tasks a Economists may have

  • 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.
  • Identify and recommend environmentally friendly business practices.
  • Interpret indicators to ascertain the overall health of an environment.

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Top reasons to use time tracking for Economists

Organize your paperwork and comply with legal requirements

Use Monitask for complete control over your employees' working hours and get information about the hours worked in the form of convenient reports.
Demonstrating the total number of hours spent each year helps support your business and increases transparency with your customers.

Receive more grants and investments

Proper time calculations will ensure that you have supporting documents and data to show when you apply for investments or search for new strategic partners.

Save on payroll and identify bottlenecks

Review daily timesheets and productivity scores to identify bottlenecks and ways to improve your operations quickly.
Implementing the correct time-tracking solution always results in reduced payroll costs for part-time and full-time employees, and companies can get more things done for each dollar they invest in their recruitment efforts.

Improve staffing and scheduling

Scheduling takes the guesswork out of the project's management.
By reviewing scheduling reports, managers can quickly identify efforts and estimated the workforce needed to complete the projects on time.

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