What does an economic research analyst do?
An economic research analyst uses modeling, qualitative analysis, and quantitative methods to gather and evaluate statistical data and economic data. They forecast patterns/trends and discuss economic phenomena by compiling data, analyzing data, reporting data, and applying statistical techniques and models. Besides formulating plans, policies, and recommendations to resolve economic issues, economic research analysts also work hand-in-hand with economists on matters relating to country strategy papers and policy-based loans. They provide research and background material needed in making effective policies.
Economic research analyst responsibilities
Here are examples of responsibilities from real economic research analyst resumes:
- Manage social media publications to spread awareness and notifications on Facebook.
- Contribute to best practices as it relates to SAS programming standards: standard programs, macro development and validation, etc.
- Conduct efficient data management, statistical analysis using SAS for studies, and implement advanced statistical methodologies.
- Design PowerPoint presentation to be used in an upcoming webinar.
- Assist economists in preparing PowerPoint presentations, vulnerability monitors, economic outlook assessments, and staff reports for their respective countries.
- Configure and create Restlet API for getting SRs.
- Develop Java parser under Thomson Reuters parser framework to facilitate automate data acquisition and onboarding.
Economic research analyst skills and personality traits
We calculated that 20% of Economic Research Analysts are proficient in Data Analysis, Stata, and SAS. They’re also known for soft skills such as Communication skills, Detail oriented, and Analytical skills.
We break down the percentage of Economic Research Analysts that have these skills listed on their resume here:
- Data Analysis, 20%
Performed literature reviews, data entry/analysis, qualitative interview transcription, participant screening, and secondary data analysis for honors thesis.
- Stata, 12%
Analyzed data through mathematical modeling of two biggest national-representative household surveys using STATA programming and MS Excel.
- SAS, 8%
Provided SAS and SQL programming support for OptumInsight Health Economics Outcomes Research utilizing both Commercial and Medicare data.
- Macro, 8%
Designed and implemented various utility applications and macros for work automation, productivity enhancement and report automation.
- Research Projects, 6%
Spearheaded logistical operations related to quantitative research projects by generating research plans and monitoring fielding while ensuring adherence to established deadlines.
- SQL, 6%
Prepared monthly budget recommendations based on historical trends and feasibility; assisted other departments during transition to SQL server based reporting.
Common skills that an economic research analyst uses to do their job include "data analysis," "stata," and "sas." You can find details on the most important economic research analyst responsibilities below.
Communication skills. The most essential soft skill for an economic research analyst to carry out their responsibilities is communication skills. This skill is important for the role because "market research analysts must be able to clearly convey information when gathering material, interpreting data, and presenting results to clients." Additionally, an economic research analyst resume shows how their duties depend on communication skills: "ensured accuracy of a portfolio with over 3,000 commercial properties and 1,200 listings through regular communication with real estate agents. "
Detail oriented. Another essential skill to perform economic research analyst duties is detail oriented. Economic research analysts responsibilities require that "market research analysts must pay attention to minutiae to evaluate data." Economic research analysts also use detail oriented in their role according to a real resume snippet: "conducted detailed research on indian equities and sovereign wealth funds. "
Analytical skills. Another skill that relates to the job responsibilities of economic research analysts is analytical skills. This skill is critical to many everyday economic research analyst duties, as "market research analysts must evaluate large amounts of data and information related to market conditions." This example from a resume shows how this skill is used: "provide our clients with research, financial analysis and economic forecast. "
The three companies that hire the most economic research analysts are:
- Americorps1 economic research analysts jobs
- BlackRock1 economic research analysts jobs
Choose from 10+ customizable economic research analyst resume templates
Build a professional economic research analyst resume in minutes. Our AI resume writing assistant will guide you through every step of the process, and you can choose from 10+ resume templates to create your economic research analyst resume.Compare different economic research analysts
Economic research analyst vs. Marketing internship
Marketing interns are usually marketing students or fresh graduates who are interested in getting actual work experiences before taking on a full-time job. They usually have an interest or academic background related to marketing. They assist marketing teams in most of their daily activities, sit in their meetings, record minutes of these meetings, take note of action plans, and attend other events related to marketing. They also assist in preparing collateral and other marketing materials, join brainstorming sessions, or any other activity that will help enrich their experience.
While similarities exist, there are also some differences between economic research analysts and marketing internship. For instance, economic research analyst responsibilities require skills such as "stata," "sas," "macro," and "research projects." Whereas a marketing internship is skilled in "digital marketing," "facebook," "marketing campaigns," and "twitter." This is part of what separates the two careers.
Marketing interns earn the highest salaries when working in the technology industry, with an average yearly salary of $33,333. On the other hand, economic research analysts are paid more in the manufacturing industry with an average salary of $100,642.On average, marketing interns reach lower levels of education than economic research analysts. Marketing interns are 14.4% less likely to earn a Master's Degree and 1.1% less likely to graduate with a Doctoral Degree.Economic research analyst vs. Marketing coordinator
A marketing coordinator supports the marketing department on deciding strategies and business efforts to develop the brand image and boost customer satisfaction. Marketing coordinators' duties include assisting in advertising campaigns, scheduling promotional events, monitoring sales status, researching current market trends, maintaining a record of existing and potential clients, and contributing ideas to improve the brand's profitability. A marketing coordinator must have excellent critical thinking and writing skills to help with the creation of social media advertisements and marketing content. It also requires impressive time-management and multi-tasking skills, especially on meeting deadlines and making adjustments on the initial plans as needed.
While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that economic research analyst responsibilities requires skills like "data analysis," "stata," "sas," and "macro." But a marketing coordinator might use other skills in their typical duties, such as, "digital marketing," "customer service," "marketing campaigns," and "email campaigns."
Marketing coordinators earn a lower average salary than economic research analysts. But marketing coordinators earn the highest pay in the technology industry, with an average salary of $53,831. Additionally, economic research analysts earn the highest salaries in the manufacturing with average pay of $100,642 annually.marketing coordinators earn lower levels of education than economic research analysts in general. They're 13.4% less likely to graduate with a Master's Degree and 1.1% less likely to earn a Doctoral Degree.What technology do you think will become more important and prevalent for economic research analysts in the next 3-5 years?
Professor of Economics, Associate Editor, Journal of Economic Education, Co-Director, MSU Initiative for Regulation and Applied Economic Analysis, Montana State University
Economic research analyst vs. Marketing consultant
A marketing consultant is responsible for utilizing their extensive retail expertise to develop strategies on how to strengthen client base and achieve better sales. Furthermore, a marketing consultant must perform research and analysis to determine opportunities for financial gains, devise plans to improve client satisfaction, assess the competition, look out for any risks, and develop its brand and image. They should also ensure that all steps taken adhere to the policies and regulations of the organization.
The required skills of the two careers differ considerably. For example, economic research analysts are more likely to have skills like "data analysis," "stata," "sas," and "macro." But a marketing consultant is more likely to have skills like "customer service," "web content," "media sales," and "digital marketing."
Marketing consultants earn the best pay in the technology industry, where they command an average salary of $93,209. Economic research analysts earn the highest pay from the manufacturing industry, with an average salary of $100,642.When it comes to education, marketing consultants tend to earn lower degree levels compared to economic research analysts. In fact, they're 7.3% less likely to earn a Master's Degree, and 0.8% less likely to graduate with a Doctoral Degree.Economic research analyst vs. Marketing assistant
A marketing assistant's general responsibility is to support the marketing programs and campaigns by sharing recommendations and useful insights to improve the brand's image. Marketing assistants' duties also include reaching out to other personnel for necessary files needed on promotional advertisements, assist the team in creating designs and developing content, publishing brochures for potential clients, analyzing sales reports, and researching the current market trends. A marketing assistant should have excellent organizational and time-management skills to meet deadlines and perform various tasks as required.
Types of economic research analyst
Updated January 8, 2025











