Economic Researcher at Think Tanks Job Description [Updated for 2025]

In the dynamic world of economics, the demand for economic researchers at think tanks is continuously on the rise.

As global economies progress and evolve, the need for skilled professionals capable of investigating, understanding, and contributing to economic strategies and policies becomes more pressing.

But what is really expected of an economic researcher at a think tank?

Whether you are:

• A job seeker eager to understand the core responsibilities of this role,
• A hiring manager outlining the perfect candidate,
• Or simply curious about the behind-the-scenes of economic research,

You’re at the right place.

Today, we present a customizable job description template for an Economic Researcher at Think Tanks, meticulously crafted for easy posting on job boards or career sites.

Let’s delve right into it.

Economic Researcher at Think Tanks Duties and Responsibilities

Economic Researchers at Think Tanks play a crucial role in conducting in-depth studies on specific economic issues, developing economic policies, and publishing research findings to provide insights into economic trends and consequences.

Their duties and responsibilities include:

• Carry out research on a wide range of economic issues such as inflation, unemployment, and international trade
• Utilize mathematical models and statistical techniques to interpret and forecast economic developments
• Present research findings through clear, accessible reports and presentations
• Collaborate with fellow researchers, policymakers, and external stakeholders to discuss research findings and implications
• Contribute to the development of economic policies and strategies
• Stay updated with the latest economic trends and developments
• Provide consultation and advice to government agencies, businesses, or other organizations on economic matters
• Publish research findings in academic journals, policy briefs, and other relevant platforms
• Engage in discussions, forums, and conferences to disseminate research findings and learn about new research areas

 

Economic Researcher at Think Tanks Job Description Template

Job Brief

We are seeking a highly analytical Economic Researcher to contribute to policy-making research and analysis.

The Economic Researcher will engage in data collection and analysis, conduct rigorous policy and economic research, and present their findings in a clear and concise manner.

Your duties will include developing research methodologies, conducting surveys, interpreting data, and predicting future trends.

Ideal candidates should have a deep understanding of economic theory and quantitative methods, along with the ability to convey complex information in an accessible manner.

 

Responsibilities

• Conduct detailed economic analyses on a variety of topics.
• Develop research methodologies and collect data through surveys, interviews, and other sources.
• Analyze data using statistical software and techniques.
• Produce in-depth reports and present research findings to diverse audiences.
• Work collaboratively with other researchers and policy experts.
• Stay informed about economic trends and developments.
• Provide recommendations for policy changes based on research findings.
• Participate in seminars, conferences, and other professional development activities.

 

Qualifications

• A Master’s degree or Ph.D. in Economics, Public Policy, or a related field.
• Proven experience as an economic researcher or similar role.
• Strong understanding of economic theory and quantitative methods.
• Proficiency in statistical analysis software such as STATA, R, or SAS.
• Excellent research and analytical skills.
• Ability to communicate complex information in an accessible manner.
• Knowledge of policy-making processes and current economic issues.

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Economic Researcher
• Work Environment: Office setting with the option for remote work. Travel may be required for conferences and seminars.
• Reporting Structure: Reports to the Senior Economic Researcher or Research Director.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $65,000 minimum to $120,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does an Economic Researcher at Think Tanks Do?

Economic Researchers at Think Tanks are responsible for conducting extensive research in various aspects of economics.

They primarily work for policy institutions, research organizations, or government bodies, and their work is often focused on examining complex economic issues and challenges.

Their main task is to gather and analyze data using mathematical models and statistical techniques.

They study the production and distribution of resources, goods, and services, and they also provide forecasts about economic trends using historical and current data.

Economic Researchers in Think Tanks are also expected to write detailed reports on their findings.

These reports often provide insights on policy recommendations, economic conditions, or potential economic scenarios.

They also have to present their research findings to policymakers, academic bodies, or at public events.

In addition to this, they might also be involved in grant writing or fundraising activities to secure funding for their research projects.

Economic Researchers at Think Tanks often collaborate with other economists, public policy analysts, and experts in related fields to understand better and analyze the multifaceted nature of economic issues.

Their work is crucial in shaping economic policies and guiding decision-making processes in both the public and private sectors.

 

Economic Researcher at Think Tanks Qualifications and Skills

An Economic Researcher at Think Tanks should have the following skills and qualifications:

• Strong understanding of economic theories and principles to analyze financial and economic situations.
• Excellent research skills to collect, analyze, interpret, and present data.
• Proficiency in statistical analysis software such as SPSS, STATA, or R to conduct quantitative research.
• Excellent analytical and critical thinking skills to draw meaningful conclusions from data and make informed recommendations.
• Exceptional written and verbal communication skills to effectively convey research findings to a variety of audiences, including policy makers, stakeholders and academic communities.
• Ability to work under pressure and meet deadlines without compromising on the quality of work.
• Teamwork and interpersonal skills to collaborate effectively with other researchers, economists, and policy analysts.
• Advanced degree in Economics or a related field with substantial coursework in microeconomics, macroeconomics, econometrics, and statistics.
• Experience in policy analysis and economic forecasting would be advantageous.

 

Economic Researcher at Think Tanks Experience Requirements

Economic Researcher candidates typically must possess a minimum of a Master’s degree in economics, finance, statistics, or a related field.

Entry-level candidates are often expected to have at least 2-3 years of relevant experience, often gained through internships or part-time roles in economic research or related fields.

Candidates should have hands-on experience in using statistical software such as Stata, SAS, R or Python, along with experience in data management and econometric modeling.

This experience may be gained through academic research projects, internships or early career roles in economics or finance.

Candidates with 3-5 years of experience often have more advanced technical skills and have had experience working on large-scale research projects.

They are usually proficient in economic modeling and forecasting, and have experience conducting both qualitative and quantitative research.

Those with over 5 years of experience are often considered for senior roles.

They may have extensive publication records, experience in developing research methodologies, and leading research projects.

They may also have experience presenting research findings to policymakers, stakeholders, or the general public.

In addition to the above, candidates who have experience working with or in government institutions, or who have experience in policy analysis and advisory roles, may be given preference for roles in think tanks.

This is because these roles often involve policy-oriented research and require a deep understanding of government processes and policy-making.

 

Economic Researcher at Think Tanks Education and Training Requirements

The role of an Economic Researcher at Think Tanks typically requires a minimum of a bachelor’s degree in economics, finance, business administration, or a related field.

These programs provide a foundation in economic theory, statistics, econometrics, and the application of these concepts in practical settings.

Many think tanks prefer candidates with a master’s or doctoral degree in economics or a related discipline.

Postgraduate studies usually involve specialized coursework in fields like international economics, labor economics, public economics, and econometric methods.

These advanced degrees often allow candidates to focus on a specific area of research interest.

In addition to formal education, economic researchers need to have strong analytical skills, proficiency in statistical software such as Stata, R, or SAS, and the ability to interpret complex economic data.

Some positions may require specific certifications, such as the Chartered Financial Analyst (CFA) or Certified Business Economist (CBE) credentials.

These certifications demonstrate a high level of competence and commitment to the field.

Internships or work experience in economic research, policy development, or related areas are highly valued by think tanks.

They provide practical experience in applying economic theories and models to real-world issues.

Continuing education is also important for economic researchers as it helps them stay updated on the latest economic trends and methodologies.

This can be achieved through seminars, workshops, and professional development courses.

Fluency in one or more foreign languages can also be an asset for economic researchers, particularly if the think tank specializes in international economic issues.

 

Economic Researcher at Think Tanks Salary Expectations

An Economic Researcher at Think Tanks earns an average salary of $85,000 (USD) per year.

This pay range may vary based on the researcher’s prior experience, education, specific focus of research, the reputation and location of the think tank, and the funding available to the organization.

 

Economic Researcher at Think Tanks Job Description FAQs

What skills does an Economic Researcher at Think Tanks need?

An Economic Researcher at Think Tanks needs to have strong analytical skills to interpret complex economic data and trends.

They should be proficient in statistical analysis and software tools for data analysis.

Proficiency in economic theory and models, excellent research skills, and strong written and verbal communication skills are also essential.

 

Do Economic Researchers at Think Tanks need a degree?

Yes, an Economic Researcher at Think Tanks typically needs at least a master’s degree in economics, finance, or a related field.

Some think tanks may require a PhD, especially for more senior research roles.

Relevant work experience and a track record of published research in reputable journals is also often required.

 

What should you look for in an Economic Researcher’s resume?

In an Economic Researcher’s resume, you should look for advanced degrees in economics or related fields, experience in conducting economic research, expertise in statistical analysis, and a track record of published research.

It’s also beneficial to see experience in policy analysis, project management, and familiarity with economic software tools.

 

What qualities make a good Economic Researcher at Think Tanks?

A good Economic Researcher at Think Tanks should have excellent analytical skills to interpret complex data and make accurate predictions.

They should be detail-oriented and have a high level of intellectual curiosity.

Excellent problem-solving skills, ability to work under pressure, and strong interpersonal skills are also key qualities.

They should be self-motivated and able to work independently, while also being capable of collaborating with a team.

 

Is it difficult to hire Economic Researchers for Think Tanks?

Hiring Economic Researchers for Think Tanks can be challenging due to the highly specialized nature of the role.

The candidate must have advanced degrees and experience in economic research, and they often need to have a track record of published research.

The competitiveness of the role also means that the best candidates may receive offers from multiple organizations.

Therefore, Think Tanks may need to offer competitive salaries and benefits, and opportunities for professional development to attract top talent.

 

Conclusion

And there you have it.

Today, we’ve unveiled the intricacies of being an economic researcher at a think tank.

Surprised?

It’s not just about number crunching.

It’s about shaping fiscal policy and influencing economic debates, one insightful research at a time.

Armed with our detailed economic researcher job description template and real-world examples, you’re ready to embark on your journey.

But why stop there?

Immerse yourself further with our job description generator. It’s your indispensable tool for crafting precise job listings or refining your resume to perfection.

Remember:

Every piece of research forms part of the larger economic landscape.

Let’s shape that future. Together.

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