Profession economic development coordinator

Economic development coordinators outline and implement policies for the improvement of a community's, government's or institution's economic growth and stability. They research economic trends and coordinate cooperation between institutions working in economic development. They analyse potential economic risks and conflicts and develop plans to resolve them. Economic development coordinators advise on the economic sustainability of institutions and economic growth.

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Personality Type

Knowledge

  • Government policy implementation

    The procedures related to the application of government policies at all levels of public administration.

  • Public finance

    The economic influence of the government, and the workings of government revenue and expenditures.

  • Economics

    Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.

Skills

  • Maintain relationships with government agencies

    Establish and maintain cordial working relationships with peers in different governmental agencies.

  • Liaise with local authorities

    Maintain the liaison and exchange of information with regional or local authorities.

  • Consider economic criteria in decision making

    Develop proposals and take appropriate decisions taking into account economic criteria.

  • Analyse economic trends

    Analyse developments in national or international trade, business relations, banking, and developments in public finance and how these factors interact with one another in a given economic context.

  • Assess risk factors

    Determine the influence of economical, political and cultural risk factors and additional issues.

  • Advise on legislative acts

    Advise officials in a legislature on the propositioning of new bills and the consideration of items of legislation.

  • Develop economic policies

    Develop strategies for economic stability and growth in an organisation, nation, or internationally, and for the improvement of trade practices and financial procedures.

  • Advise on economic development

    Advise organisations and institutions on the factors and steps they could take which would promote and ensure economic stability and growth.

  • Maintain relations with local representatives

    Maintain good relations with representatives of the local scientific, economic and civil society.

Optional knowledge and skills

manage government-funded programmes ensure information transparency analyse market financial trends create solutions to problems develop professional network carry out statistical forecasts financial forecasting present reports advise on government policy compliance advise on public finance apply statistical analysis techniques carry out strategic research manage government policy implementation statistics market analysis ensure cross-department cooperation

Source: Sisyphus ODB