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Economic consultant skills for your resume and career

Updated January 8, 2025

3 min read

Quoted experts

Jim McClenahan,

Dr. Alex Lebedinsky

Below we've compiled a list of the most critical economic consultant skills. We ranked the top skills for economic consultants based on the percentage of resumes they appeared on. For example, 19.1% of economic consultant resumes contained sas as a skill. Continue reading to find out what skills an economic consultant needs to be successful in the workplace.

15 economic consultant skills for your resume and career

1. 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 consultants use sas:

Involved in process improvement mainly through enhancements to SAS code, Excel macros and built-in quality assurance steps.
Support Fraud Waste and Abuse efforts using SAS to build efficient data models.

2. SQL

Here's how economic consultants use sql:

Use of SQL, VBA, and XML parsing to build tools to accelerate requirements understanding for business analysts.
Used free form SQL for creating complex reports and for the analysis & debugging purpose in PROD.

3. Data Analysis

Here's how economic consultants use data analysis:

Maintain and analyze state and federal workforce databases Conduct analysis of data to answer policy questions Develop data analysis tools using R
Conducted in-depth data analysis and convened Community Advisory Councils to gather input and overlay with data to identify priority health needs.

4. Financial Analysis

Here's how economic consultants use financial analysis:

Performed multinational industry research involving strategic, operational and financial analysis as part of economic transfer pricing review
Assist company owner with market research and financial analysis.

5. PowerPoint

Here's how economic consultants use powerpoint:

Generated Executive PowerPoint reports aimed at summarizing the annual findings of periodic benchmark and trend analysis, and identifying discrepancies.
Created interpretations of numerical analysis to be reviewed in Microsoft PowerPoint presentations for optimal pricing and customer retention.

6. Statistical Analyses

Here's how economic consultants use statistical analyses:

Analyzed financial statements, conducted statistical analyses, and developed financial models to determine lost profits.
Performed statistical analyses on economic hypotheses.

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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 consultants use analyze data:

Design experiments and analyze data for client projects.
Analyze data by interpreting each economic/social/institutional sector.

8. Medicaid

Here's how economic consultants use medicaid:

Educated professionals on the CPT coding system and the circumstances under which private insurers and Medicaid would accept claims.
Maintain knowledge of federal and state laws, regulations and policy for Title IV-E Program and Medicaid.

9. Claims Data

Here's how economic consultants use claims data:

Worked directly with Home Health and DMEPOS claims data with focus on PMPM trending and benchmark comparisons.
Helped support financial recovery efforts by providing claims data resulting in over $5,000,000 in recoverable claims over-payment for CY 2004.

10. Financial Models

Here's how economic consultants use financial models:

Developed price and financial models to determine correlations between market information, global strife, demographics and changing world dynamics.
Created effective business financial models; forecasting the commercial potential of various assets.

11. VBA

Visual Basic for Applications or, as it is commonly shortened to, VBA is a certain method of using Microsoft's event-driven programming language known as Visual Basic.

Here's how economic consultants use vba:

Developed comprehensive manufacturing cost analyses models for various petrochemicals in Excel VBA.
Created workflow documents for various tools *Able to modify VBA code to update and fix some of the existing pricing tools.

12. Economic Impacts

Here's how economic consultants use economic impacts:

Interpret the economic impacts of proposed legislation and provide scenario analysis of potential impacts to industries, economies and geographies.
Presented the economic impacts of proposed legislative statutes to the Florida Legislature and the Governor's Office.

13. Statistical Models

Here's how economic consultants use statistical models:

Designed statistical models and economic data visualizations in Excel and Stata.
Conduct econometric and applied statistical modelling across the abovementioned practice areas.

14. Litigation

Here's how economic consultants use litigation:

Worked as an economic consultant on client cases in litigation support, transfer pricing, and other economic issues.
Research: Consultant Marketing and economic research projects, as-needed, for business evaluation, litigation support services.

15. Regression

Here's how economic consultants use regression:

Analyzed household consumption data using correlation, simple regression, double log and multiple regression analysis.

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What skills help Economic Consultants find jobs?

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

What skills stand out on economic consultant resumes?

Jim McClenahan

Director of Career and Corporate Outreach, University of Nevada, Reno

Most importantly, skills that are customized for the job you are applying. Someone could work in a restaurant and have great customer management skills that would work well in a bank. The key is identifying "transferrable skills"-how what you did is relevant for the job you are applying. The applicant has to articulate that-don't expect the committee, screener, or HR Recruiter to make the connections. For business majors, the skills that differentiate applicants are technical skills when they are relevant to the job. Data analysis, coding, SQL are often looked for by employers that have a tech focus as preferred skills.

What soft skills should all economic consultants 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 consultants?

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 consultant skills would you recommend for someone trying to advance their career?

Fang Lin

Assistant Professor of Finance, Pacific Lutheran University

Don't be afraid to negotiate your starting salary. Young journalists have a lot to offer newsrooms through social media skills and a willingness to adapt to new technologies such as artificial intelligence. Technology skills have value and should not be undersold. Also, young journalism students should not discount the value of their student media and internship experiences. Young journalists must use everything on their resumes to show how they bring value to their position and ask to be compensated fairly for the work they will contribute to the newsroom's success.

What type of skills will young economic consultants 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.

What technical skills for an economic consultant stand out to employers?

Huanan Xu Ph.D.

Assistant Professor, Indiana University South Bend

The ability to gather effective data. Being able to create table or chart full of numbers doesn’t mean collecting or presenting effective information. During this era of information being “more than enough”, employers would appreciate the skills of digging useful information rather than a simple translating of the existing information.
The ability to interpret data. This is more demanding than the first point. The first point is to show the descriptive information of data while the second point requires stronger statistical and econometric skills to interpret data in a meaningful way. For example, conduct hypothesis test, build casual relationships, etc. This is also what we are emphasizing in our economics program to teach students data analytical skills and data processing skills.

Do you want to know more?

List of economic consultant skills to add to your resume

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

SAS
SQL
Data Analysis
Financial Analysis
PowerPoint
Statistical Analyses
Analyze Data
Medicaid
Claims Data
Financial Models
VBA
Economic Impacts
Statistical Models

Litigation
Regression
Transfer Pricing
Macro
R
Econometrics
Economic Data
Financial Data
ROI
Financial Statements
GIS
Fee Schedules
Economic Development

Business Strategy
Research Projects
Data Collection
Fiscal Policy
Market Analysis
Economic Research
Market Research
Quantitative Analysis
Economic Models
CMS
Economic Damages

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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