Economists are outstanding experts who are well learned to forecast the economies of various sectors. They are equipped with vast knowledge to study the production and allocation of goods and services as well as the distribution of scarce resources such as land, labor and raw materials. They carry out comprehensive research, scrutinize and forecast market trends and in turn use the same analysis to apply in various fields such as the environment, health, and education. They are important in helping us understand diverse economic issues including unemployment levels, exchange rates, interest rates, inflation, and effects of taxes.
They are hard working individuals who mostly work full time and sometime work overtime to meet deadlines. They have organized work schedules where sometimes they are interrupted to attend conferences or meetings and special offers for data. They frequently work alone in an office but may be members of a research team. The government employs most of economists but some work for private sectors.
Among the most notable economists is Christian Broda, a prominent economist, and a financial planner. Over the years, Broda has made a lot of research that touches on issues dealing with macroeconomics, finance, and international trade. He is passionate about evaluating the economy as a whole. Most of his research is based on economic growth, inflation, and unemployment as well as studying monetary and fiscal policies. He focuses on historical trends of the entire economy and predicts future trends of the market.
Some of his research has been publicized in economic journals such as American Economic Review and the Journal of International Economics. He has also partnered with other economists in conducting research and making publications on their findings. He currently serves as the, managing director at Duquesne Capital Management and is a member editor of the Journal of Development Economics. He has vast knowledge in economics, and is honored to share it with the rest of the world such as offering lectures at the University of Chicago, Booth School of Business. As an accurate researcher and adept speaker, he has had the chance to present his research analysis to universities and banks all over the world such as the Bank of Japan and IMF. His brilliant work has been acknowledged by the National Science Foundation (NSF) that offered to support his research.
Employment of economists has increased rapidly just like other professions as a result of transfer of workers to other occupations, retirement among other reasons. Employment opportunities are on the rise in private sectors, research and consulting firms. Demand for economists is at its peak due to increased convolution in the global economy and heightened reliance on qualitative techniques of predicting sales, planning purchases and scrutinizing business trends.