Trade Economist

Trade Economist performs 20 practical tasks that together describe the main duties and pressure points of the job. This collection helps learners focus on what to learn first. Each one shows where we found it, and comes with an AI prompt you can copy and use straight away.

20evidenced tasks
20ready prompts
7tools of the trade
19-3011.00O*NET-SOC code
17,790hold this job (US, BLS 2025)
$124,720median pay/yr (US)
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What it pays

Government survey numbers — not estimates, not ads.

Half of all Economists in the U.S. earn more than $124,720 a year — the middle 80% land between $67,360 and $238,060. About 17,790 people in the U.S. do this work. Figures are for the U.S. occupation group “Economists”. (U.S. Bureau of Labor Statistics survey, published 2025.) In India, Professionals earn about ₹38,298 a month on average — around ₹4.6 lakh a year (government PLFS survey via ILOSTAT, occupation-family figure).
$124,720typical pay / year
17,790people in this work
$238,060+top 10% earn
₹4.6 lakha year in India (family avg)
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The work, task by task

These are the real jobs-to-be-done, not a wish list. Each task shows where we found it, and the prompt underneath is written for that exact task.

Learning2

Teach theories, principles, and methods of economics.

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Teach theories, principles, and methods of international and domestic trade economics to a mixed cohort next…
Teach theories, principles, and methods of international and domestic trade economics to a mixed cohort next Tuesday, prepare a two-hour session with learning objectives, three applied problem sets with solutions, and a 10-slide summary for distribution after class.
The tools that do the workMicrosoft WordMicrosoft PowerPointESCOjob descriptionsO*NET

Write about economic policy

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Write a policy brief on tariff reform affecting small apparel exporters, outline the problem, evaluate three…
Write a policy brief on tariff reform affecting small apparel exporters, outline the problem, evaluate three policy options with estimated trade and welfare impacts, and finish a 1,200-word draft and 400-word summary for the minister by Friday noon.
The tools that do the workMicrosoft WordESCOWikipedia
Analysing4

Analyze market activity and trends

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Analyze recent market activity and trends for textiles and electronics over the past 24 months, produce a…
Analyze recent market activity and trends for textiles and electronics over the past 24 months, produce a one-page executive summary with trend charts, identify three demand drivers and a likely scenario for the next six months for the trade desk.
The tools that do the workMicrosoft ExcelMicrosoft Power BIjob descriptionsWikipedia

Analyse statistical data

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Analyse the provided quarterly trade dataset, clean and test for outliers, compute bilateral trade growth…
Analyse the provided quarterly trade dataset, clean and test for outliers, compute bilateral trade growth rates, run a significance test on changes, and deliver a reproducible results worksheet with annotated steps and key tables.
The tools that do the workIBM SPSS StatisticsMicrosoft ExcelESCOjob descriptions

Forecast economic trends

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Build a four-quarter forecast of key trade indicators—exports, imports, and trade balance—by sector using…
Build a four-quarter forecast of key trade indicators—exports, imports, and trade balance—by sector using historical quarterly data, include confidence intervals, identify downside risks from tariff changes, and prepare charts and a one-page summary for the executive by Friday.
The tools that do the workMicrosoft ExcelMicrosoft Power BIESCOjob descriptionsWikipedia

Evaluate policy impacts

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Evaluate the distributional impacts of a proposed tariff cut by estimating changes in consumer prices,…
Evaluate the distributional impacts of a proposed tariff cut by estimating changes in consumer prices, sectoral output, and employment, run counterfactual scenarios for low- and high-elasticity assumptions, and deliver a short memo with tables and policy recommendations by Tuesday.
The tools that do the workMicrosoft ExcelMicrosoft Wordjob descriptionsO*NETWikipedia
The daily work14

Study how societies allocate resources

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Produce a short report that compares how households, firms and government allocate scarce resources across…
Produce a short report that compares how households, firms and government allocate scarce resources across consumption, investment and public goods for the past decade, include clear assumptions, one illustrative supply‑demand diagram and headline quantitative comparisons.
The tools that do the workMicrosoft WordMicrosoft Exceljob descriptionsWikipedia

Study international trade and global economics

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Draft a policy note that evaluates changes in tariffs, exchange rates and trade balances across major…
Draft a policy note that evaluates changes in tariffs, exchange rates and trade balances across major partners, estimate welfare effects using a simple partial equilibrium model and recommend two realistic policy options for export strategy.
The tools that do the workMicrosoft ExcelMicrosoft Wordjob descriptionsWikipedia

Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.

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Compile an analytical brief on your specialty area using latest available data: calculate growth, volatility…
Compile an analytical brief on your specialty area using latest available data: calculate growth, volatility and employment elasticities for finance, labor or agriculture, highlight three statistically significant trends and attach the cleaned dataset and methodology notes.
The tools that do the workIBM SPSS StatisticsMicrosoft ExcelO*NET

Review documents written by others.

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Annotate and critique the attached draft paper: identify methodological weaknesses, check the data…
Annotate and critique the attached draft paper: identify methodological weaknesses, check the data description and econometric specification, suggest three concrete fixes and a recommended revision of the abstract and conclusion.
The tools that do the workMicrosoft WordO*NET

Supervise research projects and students' study projects.

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Set up a supervision plan for the current research projects and student theses: list milestones, data…
Set up a supervision plan for the current research projects and student theses: list milestones, data deliverables, expected econometric methods, weekly meeting schedule and assessment criteria for final submission.
The tools that do the workMicrosoft ExcelMicrosoft OutlookO*NET

Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.

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Prepare an expert report for litigation that states your qualifications, outlines the economic framework…
Prepare an expert report for litigation that states your qualifications, outlines the economic framework used, presents reproducible calculations and supporting charts, and produce a one‑page sworn statement for the court.
The tools that do the workMicrosoft WordMicrosoft ExcelO*NET

Advise on product feasibility

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Assess whether launching the new solar inverter in West Africa is commercially feasible: calculate projected…
Assess whether launching the new solar inverter in West Africa is commercially feasible: calculate projected demand by country for five years, run cost–benefit on local tariffs and transport, flag break-even price and three key risks.
The tools that do the workMicrosoft ExcelESCO

Advise on tax policies

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Advise on replacing the preferential import tax with a targeted rebate: estimate revenue impact and…
Advise on replacing the preferential import tax with a targeted rebate: estimate revenue impact and distributional effects across income deciles, simulate macro trade responses over three years, and recommend three compensating measures.
The tools that do the workIBM SPSS StatisticsMicrosoft ExcelESCO

Forecast production and consumption of renewable resources and supply, consumption, and depletion of non-renewable resources.

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Produce a five‑year forecast of renewable production and consumption and of non‑renewable supply,…
Produce a five‑year forecast of renewable production and consumption and of non‑renewable supply, consumption, and depletion rates for coal, oil, natural gas, solar and wind in Southeast Asia, showing assumptions, sensitivities, and a year‑by‑year resource balance table.
The tools that do the workMicrosoft ExcelO*NET

Collect financial and socioeconomic data

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Assemble and clean national and firm‑level financial and socioeconomic series for Indonesia, Vietnam and…
Assemble and clean national and firm‑level financial and socioeconomic series for Indonesia, Vietnam and Thailand from 2010–2025, harmonise units and classifications, flag gaps and deliver a merged dataset with sources and data quality notes.
The tools that do the workMicrosoft AccessMicrosoft Exceljob descriptions

Communicate findings via reports and presentations

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Draft a 12‑slide briefing and an 8‑page technical report that summarise methods, key results, policy…
Draft a 12‑slide briefing and an 8‑page technical report that summarise methods, key results, policy implications and three clear charts for ministers, plus an executive summary and one‑page brief for the finance director.
The tools that do the workMicrosoft PowerPointMicrosoft Wordjob descriptions

Participate in think tanks and publish research

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Prepare a research paper and think‑tank policy note on trade impacts of green subsidies, including literature…
Prepare a research paper and think‑tank policy note on trade impacts of green subsidies, including literature review, model description, two empirical specifications, robustness checks, and a short policy brief for the director of the think tank.
The tools that do the workMicrosoft Wordjob descriptions

Conduct financial statement analysis

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Perform horizontal and vertical analysis of the latest audited financials for five commodity exporters,…
Perform horizontal and vertical analysis of the latest audited financials for five commodity exporters, compute key ratios, decompose profitability drivers and produce a one‑page summary of solvency and liquidity risks for the investment committee.
The tools that do the workMicrosoft ExcelWikipedia

Study trends

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Analyse five‑year trade, price and policy data to identify structural and cyclical trends, produce trend…
Analyse five‑year trade, price and policy data to identify structural and cyclical trends, produce trend charts with statistical trend lines and a short memo highlighting emerging risks and opportunities for senior leadership.
The tools that do the workMicrosoft Power BIMicrosoft ExcelESCO

Says who?

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Activities this job lives in

The human activities behind the tasks — each with its honest AI ceiling.

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Related careers

Same family of work — each with its own tasks and prompts.

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Built on public evidence: O*NET®, ESCO, Wikipedia, U.S. Bureau of Labor Statistics, ILOSTAT. All sources & licenses