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Economist in Macroeconomic Modelling

  • Job
    Full-time
    Senior Level
  • Research & Development
    Banking & Finance
  • Cape Town
  • 26d left

AI generated summary

  • You need 5+ years as an economist, a strong education in Economics, excellent analytical and communication skills, team collaboration, and knowledge of macroeconomic models and statistical software.
  • You will analyze African economies, utilize the Global Economic Model for forecasts, enhance model equations, develop customized analyses, manage client inquiries, and conduct climate-related scenarios.

Requirements

  • 5+ years of work experience as an economist or a related field.
  • A strong education in Economics to at least an undergraduate level. A postgraduate degree in Economics is highly desirable.
  • Ability to demonstrate a good understanding of current economic and policy challenges facing the global economy.
  • Excellent analytical and quantitative skills.
  • Excellent written and verbal communication, with the ability to explain economic concepts to a diverse audience, including non-specialists.
  • Ability to work effectively in teams across different offices and to tight deadlines.
  • Previous experience in using applied macroeconomic models for forecasting and/or scenario analysis would be advantageous.
  • Knowledge of statistical modelling software (such as EViews, Python, R and/or Stata) is desirable.

Responsibilities

  • Building up knowledge of African economies;
  • Gaining proficiency in the Oxford Economics Global Economic Model (GEM), the tool that informs our macroeconometric forecasts and scenarios;
  • Using the GEM to produce coherent macroeconometric forecasts for various African economies;
  • Improving equations and linkages on the GEM and testing scenario properties to ensure consistency with the overall model setup;
  • Developing bespoke models and forecasts for our clients, to support with their business planning;
  • Maintaining our energy, electricity and sectoral forecasts;
  • Utilising the climate setup on the GEM to run climate-related scenarios;
  • Writing up scenarios or economic research under one of our subscription services or for consultancy projects; and
  • Managing client queries regarding our modelling and scenario analysis.

FAQs

What is the application deadline for the Economist position?

The application deadline is January 17, 2025.

Where is the Economist position located?

The position is based in Paarl, South Africa, near Cape Town.

What is the employment type for this role?

The employment type is full-time.

What qualifications are required for the Economist position?

A strong education in Economics at least to an undergraduate level is required, with a postgraduate degree in Economics highly desirable.

How many years of experience are needed for this role?

A minimum of 5 years of work experience as an economist or in a related field is required.

Is proficiency in statistical modelling software necessary for this position?

Knowledge of statistical modelling software such as EViews, Python, R, and/or Stata is desirable.

What are the main responsibilities of this role?

Responsibilities include producing macroeconometric forecasts, improving the Oxford Economics Global Economic Model (GEM), developing bespoke models for clients, maintaining energy and sectoral forecasts, and managing client queries.

Does Oxford Economics offer equal employment opportunities?

Yes, Oxford Economics is an equal opportunity employer committed to diversity and inclusion in the workplace.

Is previous experience in macroeconomic models advantageous for this position?

Yes, previous experience using applied macroeconomic models for forecasting and/or scenario analysis is advantageous.

Can you elaborate on the work environment for this role?

The work environment is hybrid, allowing for a combination of in-office and remote work.

World leader in global economic forecasting, quantitative analysis, and thought leadership for business and government

Consulting
Industry
201-500
Employees
1991
Founded Year

Mission & Purpose

Oxford Economics is a global economic analysis and forecasting firm that provides insights and intelligence on economic trends, markets, and industries to businesses, governments, and institutions worldwide. With a team of economists, analysts, and industry experts, Oxford Economics offers a wide range of services, including economic research, data analysis, and consulting services tailored to the needs of clients across various sectors. Through rigorous analysis, modelling techniques, and proprietary data sources, Oxford Economics helps clients make informed decisions and manage risks.

Culture & Values

  • Integrity

    Integrity is the foundation for every one of our decisions, discussions and relationships, even when no one is looking. We place integrity at the core of our business. We are honest, ethical and respectful in how we treat each other, our clients and the wider community. Our operational independence ensures we can provide the best analysis without political or institutional bias.

  • Passion

    We are passionate about providing the best analysis, advice and service. Our passion for economics gives us a unique view of the world, and its challenges and opportunities. It drives us to follow our curiosity and deliver actionable insights for our clients.

  • Innovative thinking

    We encourage our colleagues, partners and clients to think creatively, be courageous and challenge the status quo. We constantly push ourselves to find fresh perspectives on issues, relying on our entrepreneurial and innovative culture to develop new solutions.

  • Collaboration

    We create an environment for our people to connect and collaborate for the benefit of all. We provide our people with a friendly, fun and collaborative workplace, healthy work-life balance, room to grow and the freedom to pursue new ideas–everything they need to thrive.

Benefits

  • Competitive market salary

  • Comfortable offices

  • Flexible working

  • Private health care

  • New childcare policies

  • Training schemes

  • Cycle to work scheme

  • Monthly socials