Business economists work in such areas as manufacturing, mining, transportation, communications, banking, insurance, retailing, private industry, securities and investment firms, management consulting firms, and economic and market research firms,
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"Actuaries are skilled business people who do assessments of risk and security in the financial areas of businesses. It involves quality math skills, a good understanding of business, and membership depends on the country."
It depends on where the economist works. In the financial industry and in large corporations, economists are hired to help other employees understand changes in the economy, especially monetary policy changes at the US Federal Reserve. At small colleges, economists are hired to teach economics. At large universities, economists will have research responsibilities in addition to their teaching responsibilities if they want to become full professors.
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One of them is mathematics. I hope you don't mind my saying so, but the others are none of your business.