Economy

What is an economist? »Its definition and meaning

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An economist is a person academically prepared in the field of economics, which allows him to explain and predict economic phenomena through the application of methods and tools created by the different schools of economic thought. These professionals have a certain prestige within society, due to the amount of information they must handle and understand, in order to adjust to society regarding these phenomena.

Economics is one of the oldest sciences in the world, since like philosophy and politics, they are born with the emergence of humanity. The way individuals satisfy their needs will always be a constant, so the economy is sustained by that. According to history, the first economists were the Greeks, one of them was Aristotle and Xenophon.

At present there are many subfields included within the economic sciences, subfields such as microeconomic analysis, macroeconomic analysis, specific market studies, statistics, econometrics, computational economy model, etc. An economics professional is responsible for analyzing how members of a society distribute both work and capital to generate goods and services.

An economist can perform various functions, either in the public sector or in the private sector. In the public sector, the economist has the opportunity to work in the different state levels, highlighting the multiple state secretariats and other decentralized entities. As for the private sector, an economist can do very well in the area of ​​finance. In the business sector, you can practice in the departments of financial, economic and strategic planning, as well as in the area of ​​international economics.

In addition to this, he can work as a manager in the financial sector, in brokerage houses, banks, insurance companies, etc.

As has already been observed, the economist has a wide field of work, where they can put into practice all their knowledge, which allows them to make decisions regarding financial investment and optimization of resources for individual, business or social well-being. All that information is evaluated by applying statistical analysis methods, computer programming and mathematics.