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Economics Intern

1 week ago

Abu Dhabi, Abu Dhabi, United Arab Emirates ADNOC Group Full time
Roles and responsibilities

Core Knowledge Areas inEconomics

  1. Microeconomics :

    • Understandingindividual and firm-leveldecision-making.
    • Topics: Supply and demand,consumer behavior, production theory, marketstructures.

  2. Macroeconomics :

    • Analyzingeconomy-wide phenomena.
    • Topics: GDP, inflation,unemployment, fiscal and monetarypolicy.

  3. Econometrics :

    • Applyingstatistical methods to economic data.
    • Tools:Regression analysis, time seriesanalysis.

  4. DevelopmentEconomics :

    • Studying theeconomic aspects of developingcountries.
    • Topics: Poverty, inequality,sustainabledevelopment.

  5. BehavioralEconomics :

    • Exploringthe psychological factors that influence economicdecisions.

  6. EnvironmentalEconomics :

    • Examiningthe economic impact of environmental policies and natural resourcemanagement.

Technicaland QuantitativeSkills

  1. Mathematics :

    • Proficiencyin calculus, algebra, and optimization for economicmodeling.

  2. Statisticsand DataAnalysis :

    • Usingstatistical techniques to interpret data and testhypotheses.

  3. EconomicModeling :

    • Buildingtheoretical models to analyze and predict economicbehavior.

  4. SoftwareProficiency :

    • Familiaritywith toolslike:
      • Stata : Fordata analysis andeconometrics.
      • R/Python :For advanced data manipulation andvisualization.
      • Matlab :For complex mathematicalmodeling.
      • Excel :For basic data analysis andmodeling.

Analyticaland Problem-SolvingSkills

  1. CriticalThinking :

    • Evaluatingpolicies and strategies using economicprinciples.

  2. ForecastingandPredictions :

    • Analyzingtrends to predict economicoutcomes.

  3. PolicyAnalysis :

    • Assessing theimpacts of government policies on markets andsociety.
  • Thisprogram is reserved for UAE Nationals;
  • Medicalfitness in accordance with the work environment of therole;
  • Government clearances includingcertificate of good conduct from Ministry ofInterior;
  • Completion of all entry Assessmentsand interviews, including but not limited to, personality andability assessments; and
  • Successful completionof National Service, unless exempted by UAElaw.
Desiredcandidate profile

Research and CommunicationSkills

  1. ResearchDesign :

    • Structuringstudies to investigate economicquestions.
    • Conducting literature reviews anddefininghypotheses.

  2. ReportWriting :

    • Presentingfindings in clear, concise, and persuasivereports.

  3. DataVisualization :

    • Creatinggraphs, charts, and presentations using Tableau, Excel, or Pythonlibraries like Matplotlib andSeaborn.

  4. PublicSpeaking :

    • Communicatingcomplex economic ideas to non-expertaudiences.

Interpersonaland CollaborativeSkills

  1. Collaboration :

    • Workingwith interdisciplinary teams on policy or businessproblems.

  2. StakeholderEngagement :

    • Translatingeconomic insights for policymakers, businesses, oracademics.

ApplicationsofEconomics

  1. Businessand Management :

    • Marketanalysis, pricing strategies, and demandforecasting.

  2. PublicPolicy :

    • Designing andevaluating policies for economic growth, welfare, andequality.

  3. FinanceandInvestments :

    • Understandingmarket trends, risk assessment, and portfoliomanagement.

  4. GlobalTrade :

    • Analyzinginternational trade dynamics, tariffs, and globalizationimpacts.

  5. Sustainability :

    • Developingmodels to address climate change and resourceallocation.

EmergingTrends inEconomics

  1. BigData and MachineLearning :

    • Using AI toanalyze large datasets for economicinsights.

  2. DigitalEconomics :

    • Studying theeconomic impact of digital platforms, cryptocurrencies, ande-commerce.

  3. Inequalityand SocialJustice :

    • Exploring waysto reduce income disparities and enhanceequity.

  4. Globalizationand TradePolicies :

    • Analyzing theimpact of protectionism and free tradeagreements.

  5. BehavioralInsights :

    • Applyingbehavioral economics to real-world policy and businesschallenges.

Certificationsand FurtherLearning

  1. EconomicsCertifications :

    • CertifiedEconomic Developer (CEcD).
    • Economic PolicyAnalystcertifications.

  2. OnlineCourses :

    • Platforms likeCoursera, edX, and Khan Academy offer economics-focusedcourses.
    • Topics: Development economics, gametheory, macroeconomicmodeling.

  3. ProfessionalAssociations :

    • AmericanEconomic Association (AEA).
    • InternationalEconomic Development Council(IEDC).
Key Skills
Economics,EconomicAnalysis,Economic Development
Employment Type: Full-time
Department / FunctionalArea: Administration
Experience: years
Gender: Male
Vacancy: 1