Economist: Econometric Research at National Treasury

Reference No: S015/2024

Purpose of the Role

• To assist with the development of new economic models in response to specific policy questions and improve current models for the delivering sound policy analysis to the Economic Policy Unit, National Treasury and government as a whole.

Qualification/s Requirements

• A Grade 12 is required coupled with a minimum Bachelor’s Degree (equivalent to NQF level 7) in any of the following disciplines: Econometrics or Mathematic or Economics;
• A minimum 3 years’ experience in econometric techniques and software;
• Knowledge and experience of economic research;
• Experience in econometric analysis and model building; and
• Knowledge and experience in modelling programming. 

Key Performance Areas

Development of models in response to specific policy needs:

• Identify new economic modelling techniques and propose implementation of relevant models;
• Assist in the utilisation of appropriate modelling techniques to develop economic models in line with policy needs;and
• Provide inputs in the formulation of policies to assist with the economic stimulation of growth in the economy. 

Review current models and recommend improvements: 

• Review models and make recommendations that will improve their longevity;
• Recommend improvements to models for consultation and implementation thereof;
• Assist in the design of models reflecting the economic theory and its impacts; and
• Provide simulations of projected scenarios of proposed models in consultation with internal and external stakeholders.

 Policy Analysis and development: 

• Provide theoretical analysis on linked model outcomes aligned to specific policy needs;
• Assist with the analysis of relevant policies for development; and
• Initiate research on current and future models and provide an informed projected analysis for integration. 

Stakeholder Engagement and Research: 

• Assist with research related projects for the development of models;
• Engage with recognised international institutions on latest economic model trends and other relevant information for implementation; and
• Perform research and provide data for future usage.