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What is the role of an agricultural economist?

What is the role of a managerial economist?

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    When an economist needs a price, interest rate or other quantity to use in an analysis, he will tend to look to the product and financial markets for an answer rather than "building it up" from accounting costs. Economists are trained to think in terms of marginal change Economists are generally well-versed in mathematics and statistics and tend to approach problems using those tools. Economists also are comfortable with probabilities and will build models incorporating them. We are trained in doing simulation studies. When an economist needs a price, interest rate or other quantity to use in an analysis, he will tend to look to the product and financial markets for an answer rather than "building it up" from accounting costs.Economists are trained to think in terms of marginal changeEconomists are generally well-versed in mathematics and statistics and tend to approach problems using those tools.Economists also are comfortable with probabilities and will build models incorporating them. We are trained in doing simulation studies.

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