MockQuestions.com Logo MockQuestions MockQuestions.com Logo MockQuestions MockQuestions.com Logo MockQuestions
Home
Career Interview Questions
Interview Topics
Upgrade
Login
Close
Top 30 Economist Interview Questions
Question 1 of 32
How do you handle stressful situations?
  Professional Answer
Want to see the answer?
Upgrade
List of Economist Interview Questions
  1. How do you handle stressful situations?
  2. What have you done to help your subordinates to be more productive?
  3. How long would you expect to work for us if hired?
  4. Why did you choose a career as an Economist?
  5. How do you keep your manager informed on your progress?
  6. What other profession would you be doing, if you weren't an Economist?
  7. As an Economist, are you most interested in the area of Law, Finance, or Politics?
  8. If the Government borrows a lot of money, what will this do to interest rates?
  9. What makes you a stand-out candidate?
  10. What would be the effect of tightening monetary policy on the value of bonds in the bond market?
  11. What do you like most about being an economist?
  12. If awarded this position, what is the first thing you will do to make an impact in your new role?
  13. Are you a reliable individual with great attendance and punctuality?
  14. Tell me about a recent research project you conducted. Were the results what you expected?
  15. What is the most exciting part of this career path?
  16. Tell me about a time when you had to give someone difficult feedback. How did you handle it?
  17. In a pure capitalist environment, would the end result be a monopoly?
  18. What was the most difficult course for you during your time in University?
  19. Tell me about your ideal company culture.
  20. Are you comfortable with public speaking and creating presentations?
  21. Have you performed any studies on the socioeconomic impacts of new public policies?
  22. Would you say you are more analytical or creative in your thinking?
  23. Have you considered upgrading your education to a Doctor of Philosophy (PhD)?
  24. Would you consider yourself tech savvy? What programs are you strongest in?
  25. What is Monetarism?
  26. When Economists talk about 'The Invisible Hand' what are they referring to?
  27. Explain Keynesian Economics.
  28. Tell me about your experience as a mentor. How would you handle inspiring an employee who wasn't doing well at our organization?
  29. Tell me about the most difficult work-related decision you have made in the last 6 months, and how you handled it.
  30. When given an important assignment, how do you approach it?
  31. Tell me about your education/training.
  32. What do you do to stay "in-the-know" on economic related news and topics?
Author:
Contributing Author
Rachelle Enns
Recruiter
 
Economist Information
June 29th, 2015

An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophical theories to the focused study of minutiae within specific markets, macroeconomic analysis, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, economics computational models, financial economics, mathematical finance and mathematical economics.
wikipedia.org/wiki/Economist
Economist User Submitted Interview Answers
Question 1 of 32
How do you handle stressful situations?
User Submitted Interview Answers
1.
I remain calm and focus on the objectives of the work/project.
2.
By remaining calm over a period of time the stress is prevailing, then I engage in stress reducing exercises.
3.
How do you see your job relating to the overall goals of the organization.
4.
I simply prioritize, focus and get the job done.
5.
I most of the times keep myself motivated, try to analyse the situation and find possible ways to come out of it.
Question 2 of 32
What have you done to help your subordinates to be more productive?
User Submitted Interview Answers
1.
Mentoring and coaching them in their areas of skills gaps and offering skills trainings in specific fields.
2.
I have help them in contributing to there success by motivating them and supporting them encouraging them when they seems hopeless.
3.
Boosted confidence in them.
4.
I give suggestion to my subordinate so he/she will improve his/her. Performance and give good result.
5.
I have always tries to help my juniors with all my knowledge and experience.
Question 3 of 32
How long would you expect to work for us if hired?
User Submitted Interview Answers
1.
I would like be with you as long as I remain productive and my services are still needed by the organization.
2.
You never know what tommorrow will bring.
3.
For as long as I can. I intend to work and develop my career here.
4.
I would like to work for gaining knowledge as much possible for me in your organisation and I ll prefer to continue till the time I have chances for growth.
5.
I do not have any specific time set of working for this company. If I continuously work in a challenging and interesting field, I will keep working there.
Question 4 of 32
Why did you choose a career as an Economist?
User Submitted Interview Answers
1.
It interests me since my high school.
2.
Majoring in Economics provided the opportunity to critically think and gain an understanding and appreciation for our global economy.
3.
Because I tried engineering.. Dint like much.
4.
I think in economics you would know about the whole condition and working of country soo its so interesting.
5.
I was always interested in economics. I have my undergrad in business economics and post grad also in economics. I was intersted in economics as a child.
Question 5 of 32
How do you keep your manager informed on your progress?
User Submitted Interview Answers
1.
Take him for lunch, point out gorgeous woman that walk past, and mention how hard your at it, and how much you love the challenge of being swamped at work.
2.
With my current employer, the preffered method of communtation is by e-mail or text. However my previoue employer preferred face to fact meeting.
3.
Producing numbers and informing them of all resolved issues.
4.
There are many departments in the office and each department thrice every month held a meeting with the employees on issues that the department needed to address and also things related to progress of the firm. There was a general meeting at the end of the month by all the departmental heads with the manager discussing the progress and challenges of the firlm as well as the emoployees.
5.
Provide status update in regular intervals. in progress, completed, has not been started.
Question 6 of 32
What other profession would you be doing, if you weren't an Economist?
User Submitted Interview Answers
1.
Along with studies I m passionate about art and craft and decoration. So I must have chosen interior designing as my profession if not economists.
2.
Cricketer or writer. I was a good fast bowler as well as opening batsman.
3.
Urban planning or a writer(if that would be considered a profession)
4.
Probably Doctor because as mentioned earlier I like changing people's life for good.
5.
I have no idea of any other profession I would be other than being an Economist because I breath economics.
Question 7 of 32
As an Economist, are you most interested in the area of Law, Finance, or Politics?
User Submitted Interview Answers
1.
Macro economics... With this I get to know about the govt working.
2.
How the big economies work, i. E., Macro part.
3.
Economics is a subject quite intuit, where all subjects are strongly influenced and related. Thats why all specifics are valuable, but to get back to the question, the branch that I prefer is the risk insurance field.
4.
Transportation economics because of the power to enhance the quality of life for everyone, if transportation systems were made more efficient and small changes with a large impact are often overlooked in economies such as ours.
5.
Because of my endearing love for economics it is difficult to pin-point an area which I prefer more than the other. While most studies I have done were in the macroeconomic sphere, I am versed in microeconomics and I am thinking of carrying out some independent studies in that area.
Question 8 of 32
If the Government borrows a lot of money, what will this do to interest rates?
User Submitted Interview Answers
1.
In broad terms of micro economics the bigger the amount of money you are granted the lowest the interest will actually be.
2.
The interest rates will rise depending on how much money is borrowed. For example, if the government borrows a significant amount of money, the interest will rise to compensate how much money will need to be paid back to pay for services and related expenses.
3.
Interest rates will go up since the banks will have little money to borrow out to the public.
4.
Interest rates will rise.
5.
Increase because the risk increases and the premium must increase.
Question 9 of 32
What makes you a stand-out candidate?
User Submitted Interview Answers
1.
I understand human behaviour. I can tell when a business strategy can bring about profit or loss.
2.
A better managed work with quality.
3.
I would be big motivator in the team.
4.
I can motivate them for you... And remain self motivated.
5.
As someone who is not intersted in economics for a living but has been genuinely intrigued by the nuances and subtleties involved with the workings od economies, I think I have that extra edge over others.
Question 10 of 32
What would be the effect of tightening monetary policy on the value of bonds in the bond market?
User Submitted Interview Answers
1.
Monetary policy is used to stabilize the economy.
2.
This would help to check some macro economic variables like inflation and interest rates.
3.
It would be better opportunity for bonds invester.
4.
This is part of the macro analysis, there would be several options, as the bond rating, which is the main index information, gets a downgrade, the stockholders could interpret the scenario as the specific investment is quite risky and depending on his philosophy he could or sell the stock to protect his investment or in contrary he could take advantage of the situation by investing in the bund, doing so, in a certain way he would also benefit as he would contribute to stop the dynamic of depreciation of the bond itself.
5.
Short-term interest rates will rise to cool down the economic fast pace growth. Inflation is skyrocketing; thus, with higher interest rates in the short-run, the market will move back towards equilibrium.
Question 11 of 32
What do you like most about being an economist?
User Submitted Interview Answers
1.
Each theory and its assumption can be tested in real life.
2.
To have a quality to handle the economic crisis.
3.
The ability to predict the future of an economy with good degree of precision.
4.
To know thoughly about micro and macro economcs.
5.
To be able to venture in deep areas of workings of economies.
Question 12 of 32
If awarded this position, what is the first thing you will do to make an impact in your new role?
User Submitted Interview Answers
1.
My relevant experience in this field.
2.
My enthusiasm and strength of cope up with the situation.
3.
I am well organised, I manage my time well.
4.
The educational background and the additional trainings that support the ability the best economist like me skills.
5.
Having genuine interest and yearning to know more about the workings of economies.
Question 13 of 32
Are you a reliable individual with great attendance and punctuality?
User Submitted Interview Answers
1.
On a scale of 1 to 5, I say I am close to 4.5
2.
Very reliable to the extent that I accomplish assigned takes as per the deadline.
3.
I have always completed works assigned to me by teacher or person in charge. I am regular and always respect deadlines.
4.
Very reliable. I get the job done first time every time.
5.
I would say that I am very a very reliable worker. One I agree to do a task, I will follow through. I always ensure that I arrive early, start the project on time and meet the necessary deadlines.
Question 14 of 32
Tell me about a recent research project you conducted. Were the results what you expected?
User Submitted Interview Answers
1.
Yes pretty much. But there is always a problem with getting the baseline data.
2.
A impact assessment for an organization. The result was used to solicit for further funding.
3.
I conducted a research on systemically important financial institutions and found that the Republic Bank was the largest bank in the Caribbean. This was a surprise as I expected Scotia Bank to be the largest, since it was located in each Caribbean country.
4.
The last one I conducted was at feem. Results were somewhat similar to what expected in terms of importance and academic interest; they were very different with respect to methoda of analysis, quality of data used and economic results.
5.
I researched about government expenditure can affect the economy and the results came out the way I expected.
Question 15 of 32
What is the most exciting part of this career path?
User Submitted Interview Answers
1.
I chose th most available path instead of waiting for eternity to help me with.
2.
An urge to contribute to economic development of my economy.
3.
I choose because I am explorimg.
4.
It is my passion to follow this economic career path.
5.
I have always loved to be at the core point of determining the economic trajectory of my nation.
Question 16 of 32
Tell me about a time when you had to give someone difficult feedback. How did you handle it?
User Submitted Interview Answers
1.
There was an instance when a subordinate of mine submitted a project with multiple errors and the structure of the project was not as expected. What I did was to have a one on one discussion, ask why they did the project like that (in a warm voice) and after hearing the feedback, discuss why the method was not what I expected and showed him the correct way.
2.
I tried to stress what was good and what was bad, in order to be constructive. I have given good alternatives to bad outcomes to explain what went wrong.
3.
I was a task of set and administer an aptitude test to lady was been interviewed for a post at KEL, I realized she had failed the test. Thereafter I met and sat her down, and acknowledged the fact she had a good attempt of the test however she had not met the pass mark. Then I told that in case we have any new openings, I will not hesitate to call her for another chance.
4.
I can not recall a moment that I had to give someone difficult feedback.
5.
Handle it very well as I start with a little bit of jokes and after a feedback I tried to give her some positive thoughts.
Question 17 of 32
In a pure capitalist environment, would the end result be a monopoly?
User Submitted Interview Answers
1.
The greater extent yes, the end result is monopoly.
2.
Not necessarily. If the market is not a natural monopoly and several firms can exist will non having any incentive to expand monpolies will be exception rather than rule even in capitalist environment.
3.
Yes, monopolist are always associated with capitalism.
4.
It will depends on how powerful the government can intervene. More powerful the results of monopoly can end but less powerful the results will be somewhat.
Question 18 of 32
What was the most difficult course for you during your time in University?
User Submitted Interview Answers
1.
When I lacked tuition in my second year of the university. I had to approach the administrator to allow me do exams with complete tuition.
2.
When I fill dat my career z not growing soo well.. But with patience and hardwork you can overcome on dat.
3.
There are several difficult periods in my life but the one that stands out is the death of my father. As a 14 year old, I was not settled on a career path and was going through the moments. Losing him made me realize that I have to step up to the plate, be a man and provide for my family because we just lost the sole bread-winner. I use he positive influence and pushed to get a tertiary education.
4.
When I was in a financial problem I relied on my faith to get through the situation.
5.
A time when my dad passed on, I had to support my mum in raising the school fees. So I decided to do newspaper vending in our small town during holidays.
Question 19 of 32
Tell me about your ideal company culture.
User Submitted Interview Answers
1.
A company which provides quality of work with better managed budget.
2.
A good renowed company where I get good exposer.
3.
The ideal company I want to work for is one where the team work effort is very strong, I am happy, and I am making a positive impact on the economy.
4.
The government of malawi.
5.
Probably Doctor because as mentioned earlier I like changing people's life for good.
Question 20 of 32
Are you comfortable with public speaking and creating presentations?
User Submitted Interview Answers
1.
As many people don't like speaking in public I am one of them but if I am required to do so I am confident and trust myself that I can execute the task.
Question 21 of 32
Have you performed any studies on the socioeconomic impacts of new public policies?
User Submitted Interview Answers
1.
Yes my dissertation was partly part of that.
2.
I have taught a course in program evaluation econometrics after having in turn takena a course at the phd level.
3.
Yes, I conducted a study on abolition/discouraging of tobacco growing. A number of stake holders my been impacted, some positively and others negatively. Tobacco processing companies such as Super match closed due to reduced supply of raw materials, whereas the health of the neighbours has seen then improved due to now a smoke free environment they are enjoying.
4.
No, But I have always been interested to do so and hopefully will in the near future.
5.
Could you rephrase that question another way?
Question 22 of 32
Would you say you are more analytical or creative in your thinking?
User Submitted Interview Answers
1.
I can say both as I can analyze something and at the Same time creating something.
Question 23 of 32
Have you considered upgrading your education to a Doctor of Philosophy (PhD)?
User Submitted Interview Answers
1.
I already has that rather say to Ph.D. Which is yes I would love to own it someday probably sooner.
Question 24 of 32
Would you consider yourself tech savvy? What programs are you strongest in?
User Submitted Interview Answers
1.
Microsoft programs and eview which I have used in my dissertation.
Question 25 of 32
What is Monetarism?
User Submitted Interview Answers
1.
Computation of all economic actions in some monetary value.
2.
Monetarism is the economic theory that focuses on the macroeconomic effects of money supply and central banking.
3.
Stable relationship in money demand, quantity theory of moneyand demand.
4.
The theory or practice of controlling the supply of money as the chief method of stabilizing the economy.
5.
Theory's that focuses on macroeconomic effect of supply of money and the central bank.
Question 26 of 32
When Economists talk about 'The Invisible Hand' what are they referring to?
User Submitted Interview Answers
1.
This was Adam Smith's principle in economics. They refer to forces that drive changes to take place.
2.
The invisible hand is a term used by economist Adam Smith to describe the unintended social benefits of individual actions. This phrase was employed by Smith with respect to income distribution (1759) and production (1776).
3.
The invisible hand is a term used by Adam Smith to describe the unintended social benefits of individual actions.
Question 27 of 32
Explain Keynesian Economics.
User Submitted Interview Answers
1.
Keynesian economics refers to aggregate demand and supply in macro economics.
2.
Keynesian economics are the various theories about how in the short run, and especially during recessions, economic output is strongly influenced by aggregate demand (total spending in the economy).
3.
These are the various theories about how in the short run, and especially during recessions, economic output is strongly influenced by aggregate demand.
4.
Short run, and especially during recessions, economic output is strongly influenced by aggregate demand (total spending in the economy).
Question 28 of 32
Tell me about your experience as a mentor. How would you handle inspiring an employee who wasn't doing well at our organization?
User Submitted Interview Answers
1.
I have mentored many of my colleagues at work.
2.
Teaching, good envionment, and not good discipline.
3.
By being credible and by being a positive role model to the mentee. I should lead by example. By acknowledging the mentee achievements. Offer any assistance or advice the mentee may require. Reminding the mentee about the positives of the job he or she is in.
4.
Talking to him/ her to take part in group activities and groups practical activities.
5.
I would first bring out his/her strengths, then highlight her/his weak points there after recommend/advise him/her on how to improve in the areas of weakness.
Question 29 of 32
Tell me about the most difficult work-related decision you have made in the last 6 months, and how you handled it.
User Submitted Interview Answers
1.
My most difficult decision was to whether give up my studies and concentrate on my work. What made it more difficult was the pressure from my working environment.
2.
In the last six months I was a student so I couldn't make any decisions regarding work.
3.
To take up a volunteer position in India. Staying away from my family.
Question 30 of 32
When given an important assignment, how do you approach it?
User Submitted Interview Answers
1.
Works more as I can while it's new so that I can finish it on time.
2.
Prioritize the work as per the deadline.
3.
By focussing on the priority areas of the assignment. By setting dead lines for the completion of the assignment in whole or in parts.
4.
- Give an example of situations when your leadership skills were needed.
5.
When given an important assignment, I would first read through to know what is expected. Then after interpreting the expectations, I would discuss it with my supervisor to know is they are aligned with his/her thoughts. I will then discuss the framework of how to approach it. From then, I will gather the relevant literature to get an idea of what is out there and how my study can be new.
Question 31 of 32
Tell me about your education/training.
User Submitted Interview Answers
1.
Trained as a quantitative economist.
2.
So far I am still in high school doing my last year of I am looking forward to furthering my studies and study economic science.
3.
I obtained a bachelors degree in Quantitative Economics year 2014, since then I have had two years dedicated to improving my skills in areas of research, data management and procurement.
4.
Education is one of the key factor for development.
5.
I have a master degree in commerce, specializing in trade law and policy. In addition, I am also in possession of a master of customs law and policy. Other qualifications include a bachelor of technology degree in management, an advance diploma in global trade and a diploma in commerce.
Question 32 of 32
What do you do to stay "in-the-know" on economic related news and topics?
Video

View the top 10 economist interview questions, created by Mockquestions.com, and voted by our users. Created on October 25th, 2016

Economist Pros
Similar Career Interviews