Economics in Practice

George F. DeMartino

in The Economist’s Oath

Published in print January 2011 | ISBN: 9780199730568
Published online September 2011 | e-ISBN: 9780199896776 | DOI:
Economics in Practice

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Where do economists work, and what do they do? The absence of licensing or certification of economists implies that there is no full mapping of the profession. This chapter begins to provide that mapping, drawing on official government statistics, interviews and other sources. The mapping reveals the vast array of economists’ assignments and responsibilities in academia, the public and private sectors, non-governmental organizations and the multilateral agencies. While leadership of the profession (and its most prestigious associations) falls to academic economists, the majority of all economists are found outside of the university. Even this cursory survey of economists’ work begins to reveal the ethical quandaries that they face as they attempt to meet their professional responsibilities.

Keywords: economics profession; number of economists; economic practice; NAICS; U.S. Federal Government; World Bank; IMF; private sector

Chapter.  6547 words. 

Subjects: Public Economics

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