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What does an econometrician do?

Updated January 8, 2025
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Econometrician responsibilities

Here are examples of responsibilities from real econometrician resumes:

  • Execute deterministic modeling and Monte Carlo simulations in MATLAB to achieve greater mathematical confidence in results obtain from analysis.
  • Migrate a SAS base statistical algorithms of financial interfaces to Splus and LINDO.
  • Support the formation of data bases in SAS.
  • Summarize results in a PowerPoint presentation present to various groups within IBM.
  • Interpret regression methods, results, and performance to clients with various statistical backgrounds.
  • Explore Hadoop environment data security and privacy issues.
  • Collaborate with database team on SSIS requirements for data migration and transformation.
  • Distribute data residing in heterogeneous data sources, is loaded to target Teradata database.
  • Assist configuration engineers for data extraction and ensure accuracy and validity of data used in analysis.
  • Develop logic and SQL queries to translate existing reporting cross platform to Teradata requiring comprehensive understanding of financial metrics.
  • Provide customer profiling and analysis, product tracking and reporting for customer development, product management and campaign strategies.
  • Develop data egress framework which allow less experience developers to quickly and easily export data and reports from the Hadoop environment.
  • Provide customer profiling and analysis, product tracking and reporting for customer development, product management and campaign strategies.

Econometrician skills and personality traits

We calculated that 51% of Econometricians are proficient in SAS, R, and Regression. They’re also known for soft skills such as Speaking skills, Writing skills, and Analytical skills.

We break down the percentage of Econometricians that have these skills listed on their resume here:

  • SAS, 51%

    Created and maintained internal automated reporting and analytics website using html and SAS ODS output.

  • R, 26%

    Gleaned, cleaned and processed data from various investment reports for model building using R and Excel.

  • Regression, 16%

    Interpreted regression methods, results, and performance to clients with various statistical backgrounds.

  • Data Analysis, 7%

    Presented to Safety and Operations leadership potential problem areas indicated by our data analysis and worked with leadership to implement solutions.

Most econometricians use their skills in "sas," "r," and "regression" to do their jobs. You can find more detail on essential econometrician responsibilities here:

Analytical skills. This is an important skill for econometricians to perform their duties. For an example of how econometrician responsibilities depend on this skill, consider that "economists must be able to review data and observe patterns to draw logical conclusions." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of an econometrician: "executed quantitative analysis tasks for firm's consulting engagements to large enterprise clients on matters of consumer preferences. ".

Math skills. A commonly-found skill in econometrician job descriptions, "math skills" is essential to what econometricians do. Econometrician responsibilities rely on this skill because "economists use mathematics, including calculus and linear algebra, to develop models and analyses." You can also see how econometrician duties rely on math skills in this resume example: "executed quantitative analysis for economists' long-term research projects by coding programs and performing data work. "

Communication skills. Lastly, "communication skills" is an important element of what an econometrician does. Econometrician responsibilities require this skill because "economists must be able to explain their work through presentations and in written reports." This resume example highlights how econometrician duties rely on this skill: "created an online sharepoint communication forum that was implemented to support the rollout of the electronic healthcare record system. "

See the full list of econometrician skills

Compare different econometricians

Econometrician vs. Environmental economist

An agricultural economist works in production and logistics in the farming industry. Their main task is to organize systems to make procedures efficient and cost-effective. In the agricultural sector, economists are vital, as they help determine how to manage limited resources to get the maximum profit. An agricultural economist must have profound knowledge of agriculture and know strategies to improve an agriculture-based company's yield and profit.

If we compare the average econometrician annual salary with that of an environmental economist, we find that environmental economists typically earn a $29,209 lower salary than econometricians make annually.

These skill sets are where the common ground ends though. The responsibilities of an econometrician are more likely to require skills like "sas," "r," "regression," and "conference calls." On the other hand, a job as an environmental economist requires skills like "macro," "environmental policy," "gams," and "environmental economics." As you can see, what employees do in each career varies considerably.

On average, environmental economists reach lower levels of education than econometricians. Environmental economists are 17.0% less likely to earn a Master's Degree and 7.8% more likely to graduate with a Doctoral Degree.

Econometrician vs. Agricultural economist

An economic development intern is responsible for supporting an organization's market performance, analyzing trends in the industry, and strategizing techniques to improve business services. Economic development interns perform administrative duties under the supervision of tenured staff and managers. They compile business and financial reports, update information on the database, respond to clients' inquiries and concerns, escalate complaints, and schedule appointments. An economic development intern may also assist in facilitating economic programs and other initiative developments.

Agricultural economist positions earn lower pay than econometrician roles. They earn a $14,043 lower salary than econometricians per year.

While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that econometrician responsibilities requires skills like "r," "regression," "conference calls," and "powerpoint." But an agricultural economist might use other skills in their typical duties, such as, "economic analysis," "usda," "economic data," and "agricultural economics."

In general, agricultural economists achieve lower levels of education than econometricians. They're 10.2% less likely to obtain a Master's Degree while being 7.8% less likely to earn a Doctoral Degree.

Econometrician vs. Economic development internship

An average economic development internship eans a lower salary compared to the average salary of econometricians. The difference in salaries amounts to economic development interns earning a $47,763 lower average salary than econometricians.econometricians and economic development interns both have job responsibilities that require similar skill sets. These similarities include skills such as "sas," "r," and "data analysis," but they differ when it comes to other required skills.

There are many key differences between these two careers, including some of the skills required to perform responsibilities within each role. For example, an econometrician is likely to be skilled in "regression," "conference calls," "risk management," and "kpis," while a typical economic development internship is skilled in "stata," "sql," "econometrics," and "first hand."

When it comes to education, economic development interns tend to earn lower degree levels compared to econometricians. In fact, they're 36.2% less likely to earn a Master's Degree, and 15.8% less likely to graduate with a Doctoral Degree.

Econometrician vs. Regional economist

Regional economists typically earn lower pay than econometricians. On average, regional economists earn a $28,013 lower salary per year.

Even though a few skill sets overlap between econometricians and regional economists, there are some differences that are important to note. For one, an econometrician might have more use for skills like "r," "regression," "conference calls," and "data analysis." Meanwhile, some responsibilities of regional economists require skills like "economic analysis," "econometrics," "market updates," and "macro. "

Regional economists reach lower levels of education compared to econometricians, in general. The difference is that they're 20.7% more likely to earn a Master's Degree, and 10.3% less likely to graduate with a Doctoral Degree.

Types of econometrician

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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