The table below looks at the prevalence of the term Economics in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Economics over the 3 months to 29 September 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
29 Sep 2016
Same period 2015 Same period 2014
Economics
Rank 158 182 210
Rank change year-on-year
+24 +28
Contract jobs citing Economics 15 3 4
As % of all contract IT jobs located in the City of London 0.44% 0.065% 0.068%
As % of the Miscellaneous category 1.07% 0.17% 0.18%
Number of daily rates quoted 10 2 4
Median daily rate £295 £528 £425
Median daily rate % change year-on-year
-44.07% +24.11%
90% offered a daily rate of more than £285 £470 £373
10% offered a daily rate of more than £470 £586 £513
UK excluding London median daily rate £343 £347 £350
% change year-on-year
-1.43% -0.72%
Number of hourly rates quoted 1 0 0
Median hourly rate £17.25 - -
UK excluding London median hourly rate - - £17.50
Economics
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1407 1794 2186
As % of all contract IT jobs located in the City of London 41.13% 38.65% 37.04%
Number of daily rates quoted 1097 1416 1579
Median daily rate £475 £475 £470
Median daily rate % change year-on-year
- +1.06%
90% offered a daily rate of more than £322 £300 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £375 £377 £350
% change year-on-year
-0.53% +7.71%
Number of hourly rates quoted 10 29 54
Median hourly rate £17.25 £17.98 £18.50
Median hourly rate % change year-on-year
-4.06% -2.81%
90% offered a hourly rate of more than £12.50 £12.00 £12.10
10% offered a hourly rate of more than £45.25 £27.00 £33.65
UK excluding London median hourly rate £21.00 £18.88 £17.50
% change year-on-year
+11.22% +7.88%

Economics
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Economics as a proportion of all IT contracts with a match in the Miscellaneous category.

Economics Jobs Demand Trend in the City of London

Economics
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Economics across the City of London region.

Economics Daily Rate Trend in the City of London

Economics
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics across the City of London region over the 3 months to 29 September 2016.

Economics Daily Rate Histogram in the City of London

Economics
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Economics across the City of London region.

Economics Hourly Rate Trend in the City of London

Economics
Top 30 Related IT Skills in the City of London

For the 6 months to 29 September 2016, IT contractor jobs citing Economics also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Economics.

1 14 (87.50%) Degree
2 12 (75.00%) Mathematics
3 11 (68.75%) SQL
3 11 (68.75%) Analytical Skills
4 10 (62.50%) Statistics
5 8 (50.00%) Finance
5 8 (50.00%) Analytics
5 8 (50.00%) Visualisation
5 8 (50.00%) Data Visualisation
6 7 (43.75%) Tableau
6 7 (43.75%) Marketing
7 6 (37.50%) R
7 6 (37.50%) Risk Management
7 6 (37.50%) SPSS
7 6 (37.50%) Operations Research
7 6 (37.50%) Physics
8 5 (31.25%) Data Analysis
9 4 (25.00%) Legal
9 4 (25.00%) E-Commerce
9 4 (25.00%) MATLAB
9 4 (25.00%) SAS
9 4 (25.00%) Business Intelligence
9 4 (25.00%) Web Analytics
9 4 (25.00%) Google
9 4 (25.00%) Statistical Analysis
9 4 (25.00%) Credit Risk
9 4 (25.00%) Google Analytics
10 3 (18.75%) Time Management
10 3 (18.75%) Data Extraction
10 3 (18.75%) Banking

Economics
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (25.00%) SAS
Applications
1 6 (37.50%) SPSS
2 1 (6.25%) MS Excel
Cloud Services
1 4 (25.00%) Google Analytics
Communications & Networking
1 1 (6.25%) Internet
Database & Business Intelligence
1 3 (18.75%) Data Warehouse
General
1 8 (50.00%) Finance
2 7 (43.75%) Marketing
3 4 (25.00%) Legal
4 3 (18.75%) Banking
5 2 (12.50%) Retail
5 2 (12.50%) Retail Banking
Job Titles
1 12 (75.00%) Analyst
2 5 (31.25%) Digital Analyst
2 5 (31.25%) Senior Analyst
3 4 (25.00%) Data Analyst
3 4 (25.00%) Risk Analyst
4 3 (18.75%) Credit Analyst
4 3 (18.75%) Credit Risk Analyst
5 2 (12.50%) SAS Analyst
5 2 (12.50%) SAS Credit Risk Analyst
5 2 (12.50%) SAS Risk Analyst
6 1 (6.25%) Credit Risk Developer
6 1 (6.25%) Data Entry Clerk
6 1 (6.25%) Finance Business Analyst
6 1 (6.25%) Financial Analyst
6 1 (6.25%) Financial Business Analyst
6 1 (6.25%) Quantitative Developer
6 1 (6.25%) Risk Business Analyst
6 1 (6.25%) Senior Financial Analyst
6 1 (6.25%) Senior Risk Analyst
6 1 (6.25%) SQL Analyst
Libraries, Frameworks & Software Standards
1 1 (6.25%) XML
Miscellaneous
1 12 (75.00%) Mathematics
2 11 (68.75%) Analytical Skills
3 10 (62.50%) Statistics
4 8 (50.00%) Visualisation
5 6 (37.50%) Physics
6 4 (25.00%) Credit Risk
7 3 (18.75%) Data Extraction
7 3 (18.75%) Digital Media
7 3 (18.75%) User Experience
8 2 (12.50%) Market Risk
9 1 (6.25%) Computer Science
9 1 (6.25%) Derivative
9 1 (6.25%) Equities
9 1 (6.25%) Fixed Income
9 1 (6.25%) Foreign Exchange (FX)
9 1 (6.25%) Social Media
Processes & Methodologies
1 8 (50.00%) Analytics
1 8 (50.00%) Data Visualisation
2 6 (37.50%) Operations Research
2 6 (37.50%) Risk Management
3 5 (31.25%) Data Analysis
4 4 (25.00%) Business Intelligence
4 4 (25.00%) E-Commerce
4 4 (25.00%) Statistical Analysis
4 4 (25.00%) Web Analytics
5 3 (18.75%) Data Management
5 3 (18.75%) Open Source
5 3 (18.75%) Project Management
5 3 (18.75%) Time Management
6 2 (12.50%) ETL
6 2 (12.50%) Financial Analysis
6 2 (12.50%) Fraud Detection
6 2 (12.50%) Performance Management
6 2 (12.50%) Process Improvement
6 2 (12.50%) Revenue Recognition
6 2 (12.50%) Risk Analysis
Programming Languages
1 11 (68.75%) SQL
2 6 (37.50%) R
3 4 (25.00%) MATLAB
4 1 (6.25%) C++
Qualifications
1 14 (87.50%) Degree
2 1 (6.25%) CFA
2 1 (6.25%) MBA
Quality Assurance & Compliance
1 3 (18.75%) Data Quality
2 1 (6.25%) Basel II
2 1 (6.25%) Basel III
2 1 (6.25%) Dodd-Frank
Vendors
1 7 (43.75%) Tableau
2 4 (25.00%) Google
3 1 (6.25%) Microsoft
3 1 (6.25%) Murex