Data on the critical and distinctive skills necessary for those working in the Economics field from the Bureau of Labor Statistics. Economics majors need many skills, but most especially Reading Comprehension. The revealed comparative advantage (RCA) shows that Economics majors need more than the average amount of Management of Financial Resources, Mathematics, Programming, Systems Analysis, Writing, Learning Strategies, Active Learning, Systems Evaluation, Technology Design, Reading Comprehension, Instructing, Critical Thinking, Active Listening, Judgment and Decision Making, Management of Material Resources, Complex Problem Solving, Monitoring, Persuasion, Speaking, Science, Service Orientation, Social Perceptiveness, Negotiation, Coordination, Time Management, Management of Personnel Resources, Operations Analysis, Quality Control Analysis, Equipment Selection, Operation Monitoring, Equipment Maintenance, Operation and Control, Troubleshooting, Installation, and Repairing.
These two visualizations, one a radial chart and one a bar chart, show the same information, a rating of how necessary the following skills are for Economics majors. Toggle between "value" and "RCA" to see the absolute rating of that skill (value) and the revealed comparative advantage (RCA), or how much greater or lesser that skill's rating is than the average. The longer the bar or the closer the line comes to the circumference of the circle, the more important that skill is. The importance of Management of Financial Resources is very distinctive for majors, but the Reading Comprehension, Mathematics, Writing, Critical Thinking, Active Listening, Active Learning, Speaking, Judgment and Decision Making, Complex Problem Solving, Monitoring, Systems Analysis, Learning Strategies, Systems Evaluation, Instructing, Persuasion, Management of Financial Resources, Social Perceptiveness, Time Management, Coordination, Service Orientation, Negotiation, Management of Personnel Resources, Science, Management of Material Resources, Operations Analysis, Programming, Technology Design, Quality Control Analysis, Operation Monitoring, Operation and Control, Equipment Selection, Equipment Maintenance, Troubleshooting, Installation, and Repairing are the three most important skills for people in the field.