11 general skills or competencies (Job family competencies) for Economics Analyst I
Skill definition-Designing and implementing business strategies, goals, and objectives to deliver end-to-end business value.
Level 1 Behaviors
(General Familiarity)
Describes the concepts and principles of business architecture.
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Level 2 Behaviors
(Light Experience)
Assists in developing business architecture best practices, techniques, and tools.
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Level 3 Behaviors
(Moderate Experience)
Executes the architecture roadmaps to maintain the architecture backlog of the business domain.
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Level 4 Behaviors
(Extensive Experience)
Develops innovative process flow architecture to support existing and future business plans.
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Level 5 Behaviors
(Mastery)
Champions the adoption of the business architecture practices to maximize the business value.
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Skill definition-Developing and implementing plans to assess the actions and goals of a business.
Level 1 Behaviors
(General Familiarity)
Describes the correlation of business strategy with our organization's vision.
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Level 2 Behaviors
(Light Experience)
Documents core objectives of business strategy to ensure appropriate quality oversight.
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Level 3 Behaviors
(Moderate Experience)
Defines the business strategy of our organization to maximize business opportunities.
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Level 4 Behaviors
(Extensive Experience)
Determines different perspectives to manage practices and fulfill the business strategy.
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Level 5 Behaviors
(Mastery)
Creates best practices in developing and designing a business strategy to assess actions.
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7 soft skills or competencies (core competencies) for Economics Analyst I
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Describes the importance of gathering relevant information in making informed business decisions.
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Level 2 Behaviors
(Light Experience)
Checks multiple sources to get complete and accurate information.
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Level 3 Behaviors
(Moderate Experience)
Asks questions and gathers the necessary information to make informed business decisions.
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Level 4 Behaviors
(Extensive Experience)
Monitors the overall process of records retention programs.
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Level 5 Behaviors
(Mastery)
Designs a system for monitoring the effectiveness of data-gathering channels.
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Skill definition-Gathering, analyzing, and predicting patterns and structures of historical data and trends to make strategic decisions for better future outcomes.
Level 1 Behaviors
(General Familiarity)
Describes various predictive model types, including decision trees, regression, and neural networks.
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Level 2 Behaviors
(Light Experience)
Assists in creating and validating predictive models.
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Level 3 Behaviors
(Moderate Experience)
Performs complex calculations and meaningful ratios for accurate analytics.
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Level 4 Behaviors
(Extensive Experience)
Directs predictive techniques to increase organizational success and decrease operational failures.
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Level 5 Behaviors
(Mastery)
Develops predictive models to determine and draw up predictions about future industry trends.
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Summary of Economics Analyst I skills and competencies
There are 0 hard skills for Economics Analyst I.
11 general skills for Economics Analyst I, Business Architecture, Business Strategy, Data Analytics, etc.
7 soft skills for Economics Analyst I, Gathering Information, Predictive Analytics, Initiative, etc.
While the list totals 18 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Economics Analyst I, he or she needs to be proficient in Gathering Information, be proficient in Predictive Analytics, and be proficient in Initiative.