A Business Economist deals with the branch of economics and applies theories of micro and macro economics for management or business consulting. It inspires heavily from subjects like quantitative methods, such as correlation, regression analysis, calculus, etc.
They perform various types of consulting strategies like risk analysis, capital budgeting, pricing and production analysis and present the competitive study and findings to the management. They also device methods like optimization of production in the workplace.
A master's or a PhD degree in subjects such as managerial economics
The salary package of the business economist’s could be somewhere 3.5 Lac p.a. (Approx).