I remember when I was younger, while watching one of my favorite news channels, that I heard the term ‘economist‘ numerous times from various nicely dressed, highly refined news broadcast anchors. I would hear news anchors say things like, “Many economists believe the economy is going to improve.” or “Economists are very optimistic about the employment situation.”, along will many other statements with the term ‘economist’ sprinkled here and there. I would later find myself wondering, “Just what is an economist?” If you also had that question run through your mind, then I would like to welcome you to this page. Here is where I will be discussing what an economist is. Hopefully you’ll leave here more enlightened.
What is an Economist
An economist is a person who studies economics. Wooooo, that was easy. Ok, you probably want to know what economics is, huh? Economics, in the most broadest sense, is the study of production, distribution and consumption of goods and services within an economy. So if an economist is a person who studies and analyzes the production, distribution and consumption of an economy, then by that definition I feel comfortable calling myself an economist since I do exactly that on a near daily basis. If you also study the production, distribution and consumption of an economy, then you, my friend, meet the requirements to call yourself an economist as well. Congratulations!
But I have a feeling that you have a few more questions regarding the details of what exactly an economist studies. Don’t worry my inquiring friend, I got you covered. I really recommend that you check out my post about economics and the two main categories under economics called macroeconomics and microeconomics. There you will learn more information about what exactly an economist studies.