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ESCO occupation

economic development coordinator

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Economic development coordinators outline and implement policies for the improvement of a community's, government's or institution's economic growth and stability. They research economic trends and coordinate cooperation between institutions working in economic development. They analyse potential economic risks and conflicts and develop plans to resolve them. Economic development coordinators advise on the economic sustainability of institutions and economic growth.

2631.2.3 ISCO 2631 ESCO source
Competences
29
Groups
4
Essential
12
Optional
17

Competences and skills

29 ESCO relations
Essential knowledge 3 competences

Occupation specific

0 competences

No competences in this bucket.

Sector-specific

0 competences

No competences in this bucket.

Cross-sector

3 competences
economics

Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.

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government policy implementation

The procedures related to the application of government policies at all levels of public administration.

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public finance

The economic influence of the government, and the workings of government revenue and expenditures.

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Essential skills and competences 9 competences

Occupation specific

0 competences

No competences in this bucket.

Sector-specific

1 competence
maintain relations with local representatives

Maintain good relations with representatives of the local scientific, economic and civil society.

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Cross-sector

8 competences
advise on economic development

Advise organisations and institutions on the factors and steps they could take which would promote and ensure economic stability and growth.

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advise on legislative acts

Advise officials in a legislature on the propositioning of new bills and the consideration of items of legislation.

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analyse economic trends

Analyse developments in national or international trade, business relations, banking, and developments in public finance and how these factors interact with one another in a given economic context.

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assess risk factors

Determine the influence of economical, political and cultural risk factors and additional issues.

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consider economic criteria in decision making

Develop proposals and take appropriate decisions taking into account economic criteria.

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develop economic policies

Develop strategies for economic stability and growth in an organisation, nation, or internationally, and for the improvement of trade practices and financial procedures.

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liaise with local authorities

Maintain the liaison and exchange of information with regional or local authorities.

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maintain relationships with government agencies

Establish and maintain cordial working relationships with peers in different governmental agencies.

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Optional knowledge 3 competences

Occupation specific

0 competences

No competences in this bucket.

Sector-specific

0 competences

No competences in this bucket.

Cross-sector

3 competences
financial forecasting

The tool used in performing fiscal financial management to identify revenue trends and estimated financial conditions.

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market analysis

The field of market analysis and research and its particular research methods.

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statistics

The study of statistical theory, methods and practices such as collection, organisation, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments in order to forecast and plan work-related activities.

ESCO source
Optional skills and competences 14 competences

Occupation specific

0 competences

No competences in this bucket.

Sector-specific

0 competences

No competences in this bucket.

Cross-sector

14 competences
advise on government policy compliance

Advise organisations on how they may improve their compliance to the applicable government policies they are required to adhere to, and the necessary steps which need to be taken in order to ensure complete compliance.

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advise on public finance

Advise public organisations such as governmental organisations on their financial operations and procedures, to ensure optimal efficiency.

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analyse market financial trends

Monitor and forecast the tendencies of a financial market to move in a particular direction over time.

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apply statistical analysis techniques

Use models (descriptive or inferential statistics) and techniques (data mining or machine learning) for statistical analysis and ICT tools to analyse data, uncover correlations and forecast trends.

digital
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apply systemic design thinking

Apply the process of combining systems thinking methodologies with human-centred design in order to solve complex societal challenges in an innovative and sustainable way. This is most often applied in social innovation practices that focus less on designing stand-alone products and services to designing complex service systems, organizations or policies that bring value to the society as a whole.

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carry out statistical forecasts

Undertake a systematic statistical examination of data representing past observed behaviour of the system to be forecast, including observations of useful predictors outside the system.

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carry out strategic research

Research long term possibilities for improvements and plan steps to achieve them.

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create solutions to problems

Solve problems which arise in planning, prioritising, organising, directing/facilitating action and evaluating performance. Use systematic processes of collecting, analysing, and synthesising information to evaluate current practice and generate new understandings about practice.

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develop professional network

Reach out to and meet up with people in a professional context. Find common ground and use your contacts for mutual benefit. Keep track of the people in your personal professional network and stay up to date on their activities.

Scope note
This includes the development of social relationships with patients and customers.
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ensure cross-department cooperation

Guarantee communication and cooperation with all the entities and teams in a given organisation, according to the company strategy.

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ensure information transparency

Ensure that required or requested information is provided clearly and completely, in a manner which does not explicitly withhold information, to the public or requesting parties.

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manage government policy implementation

Manage the operations of the implementation of new government policies or changes in existing policies on a national or regional level as well as the staff involved in the implementation procedure..

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manage government-funded programmes

Implement and monitor the development of projects subsidized by regional, national or European authorities.

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present reports

Display results, statistics and conclusions to an audience in a transparent and straightforward way.

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