Principal economist.
The key role of my job is to provide high quality economic advice to enable well rounded and informed policy judgments. I am also required to analyze competition and regulatory issues and concerns and apply standard economic analysis to conduct investigations and inform decisions on regulation and deregulation. This role will involve drafting and presenting policy proposals and economic advice to the Executive Board. It provides oversight for the administration and research activity of a bureau’s economic analysis function; reviewing staff work assignments, scheduling projects and activities as well as prioritizing projects to ensure work is completed in a timely and orderly manner. Another thing that is expected is the guarantee of the production of proposals and decision documents, which means being responsible for the quality of the outputs from the team and ensuring they adopt the best practice in program management and control. A coherent economic approach has been applied across different projects and this entails leading meetings with external stakeholders.
The main economic decisions required of someone performing the role of the Principal Economist in an organization is to autonomously analyze and make recommendations for the solution of highly complex business management issues related to the analysis of economic indicators in the region and factors affecting utility operations and planning. Incumbents are expected to apply proficient judgment and originality in the analysis of complex issues involving data from several sources and numerous variables. Assignments entail the implementing of independent proficient judgment in selecting and developing suitable, reliable methods, techniques, and eval...
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...uired over the last few years, I can be confident that I will offer my employers the best I can offer. Another skill is willingness to learn no matter my age or how experienced I am, there should be a constant willingness to learn new techniques or skills because jobs are constantly changing and evolving, so showing an openness to learn and grow is another skill that I need in order to be successful and being that I studied in the UK for most of my life and not really knowing the culture back home when I comes to things like loyalty to the firm or how the employees feel when they have a younger person as their boss to things such as religion (this plays a very important role in where you get employed and how you relate to other people) knowing the culture will sure be a good skill to have considering I am going to go back to Nigeria after I graduate and work there.
Public policies are developed in response to the existence of a perceived problem or an opportunity. The analysis delves into a public issue or problem and assesses a set of proposed government action for addressing the issue. The job of the analyst is to describe the background and status of an issue and then, using research and analysis, determine a proper government action to resolve the issue. By comparing options and weighing their expected benefits, the analyst should conclude with a recommended course of action or inaction to addressing the issue.
As stated before this initiative must be continued in order to benefit current employees and future employees. This translates into current and future success of the organization if the initiative is administered correctly. The development of a cultural competence foundation for managers and their millennial employees must be built on. The desired end result is attaining cultural competence throughout the entire organization.
Companies. Retrieved July 4, 2008, from University of Phoenix, MMPBL-501 Web site. University of Phoenix . ( 2008). Economics for Managerial Decision Making
Critically assess the extent to which “the ideas of economists” might improve the performance of an organisation of your choice.
Sloman, J; Jones, E (2005). Economics and the Business Environment. 3rd ed.: Pearson Education Limited. 35, 48, 53.
The skills that I am referring to are Oral and Written Communication, Interpersonal, and Teamwork skill. These sets of skills have been identified US dept of Labor and other universities and learning Centers as the essential skills every person needs.
The cultural environment is one of the most important and culture clash can often lead to failure of the business. We want to be sure that we have educated ourselves and our staff to handle any situation that may arise.
In order to assess the current state of the economy, the examination of important economic indicators or variables has always played a vital role in the understanding of the complex economic systems we live in. The analysis of these economic variables studied by many, not only has served as a tool to evaluate the current economic performance of a country, but also has allowed experts to envisage and continue the pavement of an economy's road. Currently, some economic variables have had favorable improvements indicating a general good outlook for the economy for the following months, requiring a further individual analysis and comparisons in order to foresee crisis or successes.
Browsing want advertisements, it can be easily found that most of companies are looking for employees who have transferable skills involved in: passions towards working, responsibility, communication skills, team-working skills, etc. The skills which...
1. The purpose of this response is to assert the active role of public managers in policy making. By using their technical, analytical and managerial skills public managers can be effective in the policy process and just in implementation.
The crucial importance and relevance of economics related disciplines to the modern world have led me to want to pursue the study of these social sciences at a higher level. My study of Economics has shown me the fundamental part it plays in our lives and I would like to approach it with an open mind - interested but not yet fully informed.
Paul C. Nutt, the Ohio State University-Comparing Public & Private Sector Decision - Making Practices.
For example, I want to continue learning and experiencing all of the various cultures and languages around the world. When I become the worker I know that I am going to meet an array of people from different backgrounds, religions, and beliefs. I feel that it is my duty to learn as much as I can about cultures so that I am able to serve my client in the best way.
The science of decision making has over the years captivated and produced many scholars of repute who have become authorities such as Thomas R. Dye and William Dunn. Not only individuals have grown to be giants of authorities in the field of public policy, but institutions like the Brookings Institution in the United States of America and Botswana Institute for Development Policy Analysis (BIDPA) have been established. The public and private organizations annually disburse funds to sponsor
Sullivan, A., & Steven M., (2003). Economics: Principles in action. Upper Saddle River, New Jersey : Pearson Prentice Hal