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Economic analyst skills for your resume and career

Updated January 8, 2025

5 min read

Quoted experts

Dr. Jackie Gallagher,

Dr. Alex Lebedinsky

Below we've compiled a list of the most critical economic analyst skills. We ranked the top skills for economic analysts based on the percentage of resumes they appeared on. For example, 15.6% of economic analyst resumes contained sql as a skill. Continue reading to find out what skills an economic analyst needs to be successful in the workplace.

15 economic analyst skills for your resume and career

1. SQL

Here's how economic analysts use sql:

Gather, manipulate, and splice data from industry sources to create databases in Microsoft Excel and SQL.
Support technical team members for technologies such as SAS, Microsoft Excel and SQL server.

2. SAS

SAS stands for Statistical Analysis System which is a Statistical Software designed by SAS institute. This software enables users to perform advanced analytics and queries related to data analytics and predictive analysis. It can retrieve data from different sources and perform statistical analysis on it.

Here's how economic analysts use sas:

Simulated generator outages and competitive market supply curves via SAS, MATLAB and STATA.
Gathered and analyzed price and cost data utilizing SAS.

3. Data Analysis

Here's how economic analysts use data analysis:

Developed and controlled a variety of software and database packages to provide data analysis and production of numerous client specific deliveries.
Performed data analysis on economic factors in Kentucky.

4. Financial Analysis

Here's how economic analysts use financial analysis:

Conduct economic and financial analysis on banking records.
Analyze finances for Health Choice Inc. Financial Analysis includes contract estimations, Claims Analysis, Utilization.

5. PowerPoint

Here's how economic analysts use powerpoint:

Use Microsoft Excel and PowerPoint to gather information and prepare presentations for management.
Managed several monthly contract deliverables; wrote process documents and PowerPoint presentations.

6. Medicaid

Here's how economic analysts use medicaid:

Analyzed Medicare and Medicaid pricing regulations and legislation.
Create reports in SQL/Access/SRSS/Tableau and analyze data from the Medicaid and Medicare plans that Health Choice Inc.offer.

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7. Analyze Data

Analyze data or data analysis refers to the practice of studying, organizing, and transforming data to make it more useful. It also includes the cleansing of non-useful information which helps in better decision making regarding any particular matter. Analyze data is a practice that is used widely in the field of business, social sciences, and science.

Here's how economic analysts use analyze data:

Navigated large databases and spreadsheets to assemble, clean, and analyze data.
Used MS Office to analyze data and prepare reports/recommendations to Director and other Facility Personnel.

8. Visualization

Here's how economic analysts use visualization:

Performed all aspects of analysis including data acquisition and manipulation, programming, data visualization, and presentation of results.

9. Market Research

Market research is a collective effort to collect information related to a consumer's needs and wants. It is a systematic approach that involves recording and analysis of both qualitative and quantitative data. Market research helps a business to identify a target market correctly and identify the gaps in potential consumer's expectations.

Here's how economic analysts use market research:

Market Research and Competitive Intelligence: Synthesizing current business intelligence or trend data to support recommendations for action.
Prepared reports for specific market research projects and prepared/analyzed online surveys.

10. Data Warehouse

Data warehouse, often abbreviated as either DW or DWH is a system used in computing for data analysis as well reporting. The DW is also considered to be an integral component of business intelligence as they also provide storage facilities for both real-time and historical data. ETL and ELT are the two driving forces behind a data warehouse system.

Here's how economic analysts use data warehouse:

Work with IT to maintain and troubleshoot the data warehouse, guarantee the accurate reporting process of the whole department.
Tracked deliverables as specified in Customer/Supplier agreements to ensure we met our customers needs for Cost Data Warehouse.

11. Stata

STATA is a statistical software package used for data visualization, manipulation, statistics, and automated reporting. Individuals with experience in using other types of statistical software or a background in data science may find it easier to absorb the concepts of STATA quickly.

Here's how economic analysts use stata:

Create regulatory performance metrics by using STATA software and Microsoft Excel.
Created a cross-country financial indicators database from various secondary sources using MS Excel and STATA.

12. Macro

Here's how economic analysts use macro:

Monitored trends in macro data for industry and sector analysis and for peer competitive analysis.
Provide macro market updates and industry specific information to internal teams

13. Financial Data

Here's how economic analysts use financial data:

Designed Management Information System (MIS) to dynamically display financial data to senior management.
Created and maintained financial database to monitor financial institutions.

14. Medical Management

Medical management helps navigate all facets of health care to improve the quality and outcomes of health care delivery for health, disease, nursing, and case management functions. The goal of medical management is to improve the delivery of all medications, improve patient use, reduce side effects and interactions of drugs, and provide peace of mind to patients as they can be confident that medications are being taken correctly.

Here's how economic analysts use medical management:

Develop employer group reporting for the Medical Directors in the Medical Management Team.
Leveraged understanding of Medical Management processes and data into impactful solutions.

15. Statistical Analysis

Here's how economic analysts use statistical analysis:

Used statistical analysis methodologies to identify potential cost drivers for customers' pharmacy spend.
Collected and conducted statistical analysis on survey data.

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What skills help Economic Analysts find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

What skills stand out on economic analyst resumes?

Dr. Jackie Gallagher

Associate Professor, Chair, University of Mary Washington

Students need to be able to communicate well, in writing and by speaking - I think these are the most important skills for anyone. It can be hard to demonstrate on a resume, so a portfolio or web page is incredibly useful! Beyond that, the ability to find good, reliable, information, to be able to do research, to think critically, and to assess information critically. Again, these are hard to demonstrate on a resume, but individual research, internships, presentations at a conference, these are the ways that a student might really stand out.
GIS skills are incredibly valuable for geography majors, but are not absolutely essential. One or two classes in GIS are useful; our undergraduate certificate, especially if it includes Python programming language, is very valuable.
Hard skills like word processing, use of spreadsheets, production of slide shows and posters, and creation of web pages round out my list!

What soft skills should all economic analysts possess?

Dr. Alex Lebedinsky

Chair and Professor, Western Kentucky University

Ability to convey complex ideas to general audiences. Ability to boil down complicated questions into a few simple statements. Ability to write well. Presentation skills.

What hard/technical skills are most important for economic analysts?

Dr. Alex Lebedinsky

Chair and Professor, Western Kentucky University

Econometrics, data skills (importing data into whatever software you will use for analysis, combining multiple datasets, clean data). Software: R, Stata, SAS (less popular but still widely used). Python is good too. Basic SQL could be helpful. Excel still rules in many places, so you should know that well too.

What economic analyst skills would you recommend for someone trying to advance their career?

Pavel Chernyavskiy Ph.D.

Assistant Professor of Statistics, University of Wyoming

Statisticians with subject-matter expertise tend to be more in-demand, all else being equal. For example, quantitative biologists, statistical geneticists, bioinformaticians, industrial statisticians can all be thought of as "statisticians with subject-matter expertise," at least in my opinion. With that in mind, if an applicant can develop their knowledge of a particular area of application during their gap year, it should help them in the job market.

What type of skills will young economic analysts need?

Christopher Wooldridge

Director, Murray State University

In the surveys we have completed, there are some general reoccurring themes 1) pass a drug test, 2) show up on time, 3) be able to communicate (speak and write), 4) be able to think critically, and 5) tell the truth. In addition to those, the education and experience level of graduates is very important. This field continues to grow, and the competition for these positions will become more intense.

Those that can gain experience through internships and other experiential learning opportunities, while also working on an academic credentials, will have a head start for entry into this field. Both of those were considerations when Murray State University established the Masters in Economic Development as well as a certificate in ED to provide that credentialing for students in the region and beyond.

Do you want to know more?

List of economic analyst skills to add to your resume

The most important skills for an economic analyst resume and required skills for an economic analyst to have include:

SQL
SAS
Data Analysis
Financial Analysis
PowerPoint
Medicaid
Analyze Data
Visualization
Market Research
Data Warehouse
Stata
Macro
Financial Data
Medical Management
Statistical Analysis

Economic Analysis
Analytical Support
Economic Impacts
Financial Performance
Claims Data
Policy Analysis
ROI
Business Development
Cost-Benefit Analysis
Data Collection
Econometrics
Economic Research
Economic Models
Financial Reports
Economic Data

Economic Development
Government Agencies
OFAC
Economic Indicators
Trend Analysis
Regression Analysis
Market Analysis
Statistical Models
KPI
ETL
Financial Statements
Interest Rates
Discounted Cash Flow
Cost Effectiveness
Statistical Data

Updated January 8, 2025

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.

Updated January 8, 2025

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