My profession is an economist”

General information about the profession "Economist"
Let's start with the fact that the profession of economist emerged hundreds of years ago, when basic economic concepts began to exist: commodity, exchange, money. Over the past centuries, the functions of the economist have changed and expanded markedly. The economist collects and analyzes data on production activities, then evaluates how successful it is and, ultimately, prepares proposals for management to improve production technology and labor. Economists work on several fronts.
For example, a labor economist calculates the salary for every profession, from an accountant to a miner. In addition, he knows how to evaluate the performance of employees of the enterprise. The planning department economist determines the most effective ways to make a profit. To do this, he first calculates what income can be received in the future and how much money will be needed for this. Then he calculates the profit and thinks about how to use it. Thus, he plans the economic activities of the enterprise. Then the economist will assess how his plan has been implemented, that is, analyze the implementation of the planned plans and the results achieved by the enterprise. He will draw conclusions and begin to develop plans for the next future.
The task of an economist in financial work is to form and distribute income and savings, to provide production with financial resources. This specialist makes sure that the company fulfills its financial obligations to the state and banks, pays taxes correctly, and pays off with suppliers on time.
There are other economic specialties: economists in contract and claims work, material and technical supply, sales, etc.