Let's Get Real.
Economics is the social science used to determine how the transferring, consumption, and production of wealth is allocated. Economists are the professionals of this social science. They are very valuable for the government and private sectors for forecasting, and other valuable statistics.
With economics, a group or region can maintain their material prosperity proficiently. Businesses can grow and maintain thereby. And furthermore, economics is very crucial when dreadful situations will most likely occur, such as inflation, recession, and changing trends. With the different statistics and data, economists are able to get feedback on consumer attitudes, economic levels, and economic activity. This, in turn, will alert the government or businesses into determining which course to use accordingly, for the improvement, sustainability, and profitability of the government and/or private sectors. Also, economists retrieve this information from advanced methods in computer programming, mathematics, and statistical analysis.
With all this said, it is easy to see why economists are very beneficial to any country, region, or business. A greatly reputable economist and financial professional who is well known for years in this field, for instance, is Christian Broda. Christian Broda has several years of experience underneath his belt of economic studies, work experience, publications, and other relevant work consisted with economics and finances. He is so well known for his research and publications, that various countries have consulted him. He presented his advanced findings at the Bank of Japan, the International Monetary Fund (IMF), the European Central Bank (ECB), and the Federal Reserve. His well-known research and publications focused on macroeconomics, finance, and international trade. One very important publication, for instance, that was published with Ethan Harris in 2009, speculated how the market will maintain inflation for a long time after the housing market downfall of 2008. And so far, his prediction has pretty much been on point. Broda has been on other distinguished publications as well, such as the Quarterly Journal of Economics, the Journal of International Economics, and the American Economic Review. He was awarded two National Science Foundation (NSF) Grants for the publications, “Geography, Trade, and Prices” with D.E. Weinstein, and “The Impact of New and Better in Domestic and International Prices”.
Presently, Christian Broda is the managing director at Duquesne Capital Management, that is located in New York. He is on Crunchbase, as a member of the National Bureau of Economic Research (NBER). He is a faculty researcher, a member of the editorial board of the IMF Economic Review, and an Associate Editor of the Journal of Development Economics.
His past accolades consist of the following:
-Graduated summa cum laude from the Universidad de San Andres in receiving his B.A.
-Earned a M.A. and Ph.D. from the Massachusetts Institute of Technology (MIT)
-He was the James S. Kemper Foundation Scholar from 2006-2008.
In his business career, he worked at the Federal Bank of New York for many years. Then he returned into academia by taking a tenure position at the University of Chico’s Booth School of Business. With his academia and business expertise combined, he eventually started working as a hedge fund manager for Duquesne Capital Management.