Public Sector Economist Job Description [Updated for 2025]

In today’s economy, the role of a public sector economist has never been more crucial.

As economic landscapes continue to evolve and public policies become more complex, there is an increasing demand for skilled economists who can analyze, interpret, and guide our public sector strategies.

But what does it really mean to be a public sector economist?

Whether you are:

• A job seeker trying to understand the core of this role,
• A hiring manager drafting the perfect candidate profile,
• Or simply fascinated by the complexities of public sector economics,

You’re in the right place.

Today, we present a customizable public sector economist job description template, ready for easy posting on job boards or career sites.

Let’s dive right in.

Public Sector Economist Duties and Responsibilities

Public Sector Economists are responsible for analyzing and interpreting economic data and trends to guide policy-making processes in the public sector.

They advise on the economic impact of government policies, including the effects on employment, spending, and taxation.

Their duties and responsibilities include:

• Researching and analyzing economic issues and data
• Developing and testing theories about economic issues such as inflation, unemployment, and economic growth
• Collecting and processing economic and statistical data using sampling techniques and econometric methods
• Interpreting and forecasting market trends
• Advising government leaders on the effects of laws and regulations on the economic activities
• Presenting economic and statistical concepts in a clear and meaningful way
• Formulating recommendations, policies, or plans to solve economic problems or to interpret market trends
• Writing various technical and non-technical reports on economic trends and forecasts to be used by both colleagues and the public
• Evaluating the effectiveness of monetary and fiscal policies

 

Public Sector Economist Job Description Template

Job Brief

We are seeking a highly analytical Public Sector Economist to interpret economic data and provide insights that will guide our policy decisions.

The Public Sector Economist will be responsible for conducting research, collecting and analyzing data, monitoring economic trends, and developing forecasts.

Our ideal candidate has a deep understanding of economics and is familiar with statistical analysis tools.

They should be able to use their knowledge and findings to present clear, actionable recommendations to senior leadership and policy makers.

 

Responsibilities

• Conduct economic analysis and research on public policies, expenditures and demographics.
• Interpret and forecast market trends and economic conditions.
• Prepare reports, charts, and tables that present research results.
• Develop methods for obtaining data.
• Present economic and statistical concepts in a clear and meaningful way.
• Provide recommendations for policy, procedure, and spending changes based on economic analysis.
• Advise government officials, policy makers, and other stakeholders on the possible economic impact of new policies.
• Stay up-to-date on current economic trends and policy changes.

 

Qualifications

• Proven work experience as an Economist, preferably in the public sector.
• Strong analytical and problem-solving skills.
• Knowledge of economic theory and forecasting methods.
• Experience using statistical analysis software such as SAS, STATA, or R.
• Ability to present complex information in a clear and understandable manner.
• Excellent written and verbal communication skills.
• PhD or Master’s degree in Economics or related field.

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Opportunity to influence policy decisions
• Continuing education opportunities

 

Additional Information

• Job Title: Public Sector Economist
• Work Environment: Office setting with occasional travel for meetings or conferences.
• Reporting Structure: Reports to the Director of Economic Analysis or relevant senior official.
• 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 a Public Sector Economist Do?

Public Sector Economists typically work for government organizations or public entities such as schools, hospitals, or non-profit organizations.

They are responsible for analyzing and interpreting economic data, trends, and issues that impact the public sector.

They research, collect, and analyze data to evaluate economic issues and policy effects.

Public Sector Economists use various statistical techniques and economic models to predict future economic trends.

They often generate reports and present their findings to policymakers, public stakeholders, or academic communities.

They are also involved in policy-making, helping to develop policies that can improve the economic situation.

This can involve looking at the potential impacts of changes in public spending, taxation, and other economic policies.

Public Sector Economists often advise government officials, providing insights on the economic implications of various policies and strategies.

They also contribute to public debates about economic issues, including budgets, public spending, and economic growth.

They may also be involved in the planning, development, and implementation of economic strategies at local, regional, or national levels.

This can involve working with a range of other professionals, such as statisticians, researchers, and policymakers.

 

Public Sector Economist Qualifications and Skills

Public Sector Economists need a range of technical and soft skills, along with a strong knowledge of economics and public policy, including:

• Strong analytical skills to examine and interpret economic data and trends, and to forecast economic conditions.
• Proficiency in using statistical analysis software and econometric methods to perform data analysis.
• Deep understanding of economic theory and public policy to evaluate the impact of policy changes on the economy.
• Exceptional communication skills to explain complex economic concepts and findings to non-economists, including policymakers, public sector administrators, and the general public.
• Excellent writing skills to prepare reports, research papers, and policy recommendations based on economic analysis.
• Strong interpersonal skills to work effectively with a team of other economists, researchers, and policy analysts.
• Problem-solving abilities to identify economic issues and develop potential solutions.
• Knowledge of public finance and budgeting to guide government spending and revenue decisions.

 

Public Sector Economist Experience Requirements

A public sector economist typically needs at least a bachelor’s degree in economics, finance, or a related field.

Entry-level positions may require 1 to 2 years of experience, often gained through internships, research assistant roles, or part-time roles in public or private sector economics.

Candidates with 3 to 5 years of experience usually have a more comprehensive understanding of economic policy, public finance, and statistical analysis.

This experience is often gained from previous roles as an economic analyst, research economist, or economic consultant.

Those with more than 5 years of experience often possess a deeper knowledge of economic theory and its application to public policy.

They may have experience in leadership roles and are often involved in policy-making decisions.

A Master’s degree or PhD in economics is highly beneficial for these roles, particularly those in government or research institutions.

In addition to these, experience with statistical software, quantitative analysis, and a proven record of published research are highly valued in this field.

 

Public Sector Economist Education and Training Requirements

Public Sector Economists typically possess a minimum of a bachelor’s degree in economics, public policy, finance, or a related field.

The coursework usually includes subjects such as macroeconomics, microeconomics, public finance, econometrics, and economic development.

Many higher-level or specialized roles in this field may require a master’s degree or a Ph.D. in economics or a related discipline.

These advanced degrees generally include more specific and in-depth study of economic theory, quantitative research methods, and policy analysis.

Besides, a strong understanding of statistical analysis software, such as STATA or SAS, and a familiarity with data gathering and interpretation are often needed in this role.

Some Economists may further their knowledge and competitiveness by obtaining certifications, such as the Certified Business Economist (CBE) credential offered by the National Association for Business Economics.

The Economist role in the public sector also requires strong communication skills to interpret and present complex economic data and concepts to non-economists.

They also need to keep up-to-date with ongoing economic trends and policy changes, demonstrating a commitment to continuous learning.

 

Public Sector Economist Salary Expectations

A Public Sector Economist can expect to earn an average salary of $106,000 (USD) per year.

However, this figure can fluctuate based on various factors such as the level of experience, educational background, and the specific sector within the public industry.

Additionally, location can also significantly influence wage levels.

 

Public Sector Economist Job Description FAQs

What skills does a Public Sector Economist need?

A Public Sector Economist should have excellent analytical skills to interpret complex data and make sense of trends.

They should also have strong mathematical skills, as economics involves understanding and manipulating numerical data.

Excellent communication skills are also essential for this role, as they need to present findings and insights to non-economists.

A deep understanding of economic theory and the ability to use statistical analysis software are also key competencies.

 

Do Public Sector Economists need a degree?

Yes, Public Sector Economists are typically required to have at least a Bachelor’s degree in Economics, Finance, Public Policy or a related field.

However, many employers prefer candidates with a Master’s degree or PhD in Economics, particularly for more senior roles.

Practical experience in economic research or policy development can also be beneficial.

 

What should you look for in a Public Sector Economist resume?

A good Public Sector Economist resume should highlight the candidate’s education, focusing on their degree in economics or a related field.

It should also outline any experience in economic research, policy development, or relevant internships.

Look for skills in data analysis, statistical software, and economic modeling.

Any publications or involvement in economic research projects should also be highlighted.

 

What qualities make a good Public Sector Economist?

A good Public Sector Economist is curious and analytical, with a strong interest in understanding economic trends and their impact on society.

They should have the ability to work independently and in a team, be detail-oriented, and have a high level of integrity as they often deal with sensitive information.

Excellent communication skills are also essential, as they need to explain complex economic concepts and findings to a non-technical audience.

 

Is it difficult to hire a Public Sector Economist?

Hiring a Public Sector Economist can be challenging as it requires finding a candidate with the right balance of education, experience, and skills.

The role often requires a high level of expertise in economic theory and statistical analysis, combined with the ability to translate these insights into actionable policies.

Therefore, a rigorous selection process is often necessary to ensure that the chosen candidate can perform the role effectively.

 

Conclusion

And there we have it.

Today, we’ve demystified what it truly entails to be a public sector economist.

Surprised?

It’s not just about crunching numbers.

It’s about shaping our society’s economic landscape, one policy at a time.

Armed with our comprehensive public sector economist job description template and real-world examples, you’re ready to take the plunge.

But why rest on your laurels?

Dig deeper with our job description generator. It’s your next step to crafting precise job listings or refining your resume to perfection.

Never forget:

Every policy recommendation contributes to the larger economic picture.

Let’s shape that future. Together.

How to Become a Public Sector Economist (Complete Guide)

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