Pay and Remuneration
In institutions of higher studies, Assistant Professor earns Rs 4 lakh to Rs 6 lakh pa. In industry the entry level salary is around Rs 7 lakh pa and for higher levels the salaries are very high.
Dr Manmohan Singh: Our current prime mister is an economist and in the past has held posts of chief economic adviser to Government of India, RBI governor and Planning Commission head.
Nobel laureate Amartya Sen is an economist famous for contributions to welfare economics.
A Day in Life
Typically economists working in any sector research and analyse economics issues. They interpret and forecast trends, prepare reports to present their analysis. To come to their conclusions they use mathematics and statistics. Mostly their role is advisory or policy making for solving economic problems.
Is being an Economist, not the career you are looking for? Here is a detailed list of all career options that you can explore.
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