Public sector economist - Salary and Career
Economists

Public sector economist - Career description, activities, functions and salary

They analyze the economic environment, design and execute economic, market and economic feasibility research projects, among others. They participate in strategic and short-term planning and assess collective impact policies for the government, NGOs and other organizations. They manage economic-financial programming, operate in domestic and foreign markets, examine corporate finances. They can exercise mediation, expertise and arbitration.

How much does an Public sector economist earn

A Public sector economist earns between $2.007 and $9.102 per month, with an average monthly salary of $3.879 and a median salary of $3.200 according to an Averwage.com salary survey along with to data of professionals hired and fired by companies in the labor market.

Our research is based on the salaries of 4.873 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).


Salary ranges for the Public sector economist

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 3.879 46.547 970 18
1º Quartile 2.007 24.088 502 9
Median Salary 3.200 38.400 800 15
3º Quartile 6.941 83.295 1.735 32
Higher Salary 9.102 109.218 2.275 42


Professional job categories

  • Science and arts professionals
    • professionals of the social sciences and humanities
      • social scientists, psychologists
        • economists

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Main workplaces

Economists they work in companies of various economic activities such as financial intermediation, insurance and private pension, public administration, social security, economic consulting companies, in agriculture, livestock, industry and services related to these activities, in wholesale trade and trade intermediaries. They are mostly statutory or salaried employees with a formal contract, work as a team, with permanent supervision, in a closed environment and during daytime hours.


What does it take to work in the field of Economists

The exercise of these occupations requires a higher degree in economic sciences or a postgraduate degree in economics and registration with the Regional Council of Economics. The full performance of activities occurs after one or two years of experience in the area.


Functions and activities of Public sector economist

Economists must:

  • evaluate collective impact policies (government, ngos, other organizations);
  • acting in domestic and foreign markets;
  • communicate;
  • act in internal and external markets;
  • elaborate projects (economic research, markets, economic feasibility etc);
  • examine corporate finance;
  • exercise mediation, expertise and arbitration;
  • participate in strategic and short-term planning;
  • exercising mediation, expertise and arbitration;
  • work in internal and external markets;
  • acting in internal and external markets;
  • analyze economic environment;
  • elaborate projects (economic research, market research, economic feasibility etc);
  • manage economic-financial programming;
  • demonstrate personal skills;
  • execute projects (economic research, market research, economic feasibility etc);
  • evaluating collective impact policies (government, ngos, other organizations);

  • Activities

    • monitor market indicators;
    • select funding sources;
    • demonstrate leadership ability;
    • formulate abstract concepts;
    • train staff;
    • recommend policies;
    • teach courses;
    • perform credit analysis;
    • estimate private costs;
    • indicate merger, acquisition, partnership etc;
    • propose actions;
    • delimit object;
    • suggest technology adoption;
    • verify implementation of proposed actions;
    • list action alternatives;
    • give lectures;
    • define products and results;
    • mediate conflicts of interest;
    • predict competitors' performance;
    • establish an arbitration award;
    • checking barriers to competition;
    • recruit staff;
    • define schedule;
    • plan investments (capital budgets);
    • generate evaluation parameters;
    • assist in marketing policies;
    • analyze socio-economic and environmental sustainability;
    • estimate results;
    • adapt language to the audience;
    • demonstrate ability to use computer resources;
    • indicate merger, acquisition, partnership etc;
    • develop collection instruments;
    • assess adequacy of actions to the problem;
    • keep up to date;
    • value equity;
    • collect data;
    • manage databases;
    • develop indicators;
    • negotiate projects;
    • criticize data;
    • monitoring compliance with regulations;
    • analyze conjunctures;
    • interpret results;
    • criticize data;
    • build scenarios;
    • browse bibliography;
    • mediate conflicts of interest;
    • creating financial products;
    • coordinate projects;
    • determine sources;
    • issuing reports and opinions;
    • identify opportunities and threats in the environment and in the organization;
    • demonstrate verbal ability in foreign languages;
    • justify project;
    • verify company information (due diligence);
    • show creativity;
    • confronting alternative costs;
    • define a schedule;
    • scaling human and physical resources;
    • perform sectoral and regional analyses;
    • subsidizing the formulation of rules, regulations and contracts;
    • analyze political-institutional environment;
    • calculate company market value;
    • manage customer portfolio (portfolio);
    • establish arbitration award;
    • apply quantitative methods;
    • budget projects;
    • measure consequences of actions;
    • delineate problem;
    • analyze long-term trends;
    • display communications at events;
    • detect new markets;
    • manage risks;
    • demonstrate logical reasoning;
    • pricing products and services;
    • monitor budget execution;
    • write articles, books, economic bulletins and reports;
    • define methodology;
    • estimate profitability and economic-financial viability;
    • confront alternative costs;
    • representing interests in national and international negotiations;
    • subsidize decisions;
    • manage cash flow;
    • reveal critical judgment;
    • work as a team;
    • ask for comparative advantages;
    • interpret results;
    • dialogue with the media;
    • identify market structure (competition);
    • estimate social and environmental impacts (externalities);
    • transmit knowledge;
    • assist in the formulation of trade policies;
    • perform financial statement analysis;
    • process data;
    • show creativity;
    • estimate demand;
    • indicate merger, acquisition, partnership, etc;


    Sectors that hire Public sector economist the most in the job market

    • accounting activities
    • temporary labor lease
    • combined office and administrative support services
    • holdings of non-financial institutions
    • business management consulting activities
    • development and licensing of customizable computer programs
    • accounting and tax consulting and auditing activities
    • document preparation and specialized administrative support services
    • road transport of cargo, except dangerous goods and removals, intercity, interstate and international
    • non-financial intangible asset management




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