Supervise the economy of a country and their financial institutions such as banks and other credit institutions.
monitor national business
monitor gross domestic product
monitor gross national product
monitor national finance
monitor gross and domestic national product
Skill reusability level
Relationships with occupations
Monitor national economy is an essential skill of the following occupations:
Economic policy officer: Economic policy officers develop economic strategies. They monitor aspects of economics such as competitiveness, innovation and trade. Economic policy officers contribute to the development of economic policies, projects and programs. They research, analyse and assess public policy problems and recommend appropriate actions.
Central bank governor: Central bank governors set the monetary and regulatory policy, determine interest rates, maintain price stability, control the national money supply and issuance and foreign exchange currency rates and gold reserves. They oversee and control the banking industry.
Monitor national economy is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
Economics lecturer: Economics lecturers are subject professors, assistant professors, teachers, lectures, assistant lecturers, mentors who instruct students in their own specialised field of study, economics. They develop curriculum, prepare classes (lectures, practical classes, seminars, trainings etc.), monitor learning outcomes, supervise student study path. They conduct academic research in their field of economics and present their findings at the conferences and in publications. They are involved in some university management functions.
Business economics researcher: Business economics researchers conduct research on topics regarding economy, organisations, and strategy. They analyse macroeconomic and microeconomic trends and use this information to analyse the positions of industries or specific companies in the economy. They provide advice regarding strategic planning, product feasibility, forecast trends, emerging markets, taxing policies, and consumer trends.
Credit adviser: Credit advisers offer guidance to customers related to credit services. They assess the customer’s financial situation and debt issues arisen from credit cards, medical bills and car loans in order to identify optimal credit solutions for customers and also provide debt elimination plans to adjust their finances if needed. They prepare qualitative credit analyses and decision-making material in respect of defined customers in conformity with the bank’s strategy on credit policy, ensure the credit quality and follow up on the performance of the credit portfolio. Credit advisers also have expertise in debt management and credit consolidation.
Financial manager: Financial managers handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, equity and cash flow aiming to maintain the financial health of the company and operative viability. Financial managers evaluate the strategic plans of the company in financial terms, maintain transparent financial operations for taxation and auditing bodies, and create the financial statements of the company at the end of the fiscal year.
Bank manager: Bank managers oversee the management of one or several bank activities. They set policies which promote safe banking operations, ensure the economic, social and commercial targets are met and that all the bank departments, activities and commercial policies are in compliance with legal requirements. They also manage employees and maintain an effective working relationship among the staff.
- Monitor national economy – ESCO