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 July 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 Jul 2016
Same period 2015 Same period 2014
Economics
Rank 158 204 198
Rank change year-on-year
+46 -6
Contract jobs citing Economics 4 5 11
As % of all contract IT jobs located in the City of London 0.12% 0.084% 0.19%
As % of the Miscellaneous category 0.29% 0.22% 0.48%
Number of daily rates quoted 4 3 7
Median daily rate £388 £339 £513
Median daily rate % change year-on-year
+14.39% -33.90%
90% offered a daily rate of more than £312 £268 £375
10% offered a daily rate of more than £435 £408 £550
UK excluding London median daily rate £350 £356 £380
% change year-on-year
-1.75% -6.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £21.25
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
1369 2299 2272
As % of all contract IT jobs located in the City of London 40.76% 38.66% 38.45%
Number of daily rates quoted 1103 1843 1650
Median daily rate £463 £475 £475
Median daily rate % change year-on-year
-2.63% -
90% offered a daily rate of more than £325 £300 £281
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £385 £375 £350
% change year-on-year
+2.66% +7.14%
Number of hourly rates quoted 11 42 45
Median hourly rate £12.50 £20.00 £20.19
Median hourly rate % change year-on-year
-37.50% -0.92%
UK excluding London median hourly rate £21.50 £18.50 £20.50
% change year-on-year
+16.21% -9.75%

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 July 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 July 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 6 (75.00%) Finance
2 5 (62.50%) Degree
2 5 (62.50%) Mathematics
3 4 (50.00%) Analytics
3 4 (50.00%) Risk Management
3 4 (50.00%) Statistics
3 4 (50.00%) Credit Risk
3 4 (50.00%) SAS
3 4 (50.00%) MATLAB
4 3 (37.50%) SPSS
4 3 (37.50%) SQL
4 3 (37.50%) Banking
4 3 (37.50%) Operations Research
4 3 (37.50%) R
4 3 (37.50%) Open Source
4 3 (37.50%) User Experience
4 3 (37.50%) Analytical Skills
5 2 (25.00%) Fraud Detection
5 2 (25.00%) Risk Analytics
5 2 (25.00%) Confluence
5 2 (25.00%) User Stories
5 2 (25.00%) JIRA
5 2 (25.00%) Retail Banking
5 2 (25.00%) Risk Analysis
5 2 (25.00%) Atlassian
5 2 (25.00%) Retail
5 2 (25.00%) Agile Software Development
5 2 (25.00%) PRINCE2
5 2 (25.00%) Change Management
6 1 (12.50%) Information Security Management

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 (50.00%) SAS
2 2 (25.00%) Confluence
Applications
1 3 (37.50%) SPSS
2 1 (12.50%) MS PowerPoint
Cloud Services
1 1 (12.50%) Google Analytics
Development Applications
1 2 (25.00%) JIRA
General
1 6 (75.00%) Finance
2 3 (37.50%) Banking
3 2 (25.00%) Retail
3 2 (25.00%) Retail Banking
4 1 (12.50%) Investment Banking
4 1 (12.50%) Legal
4 1 (12.50%) Marketing
Job Titles
1 4 (50.00%) Analyst
2 3 (37.50%) Credit Analyst
2 3 (37.50%) Credit Risk Analyst
2 3 (37.50%) Risk Analyst
3 2 (25.00%) Project Manager
3 2 (25.00%) SAS Analyst
3 2 (25.00%) SAS Credit Risk Analyst
3 2 (25.00%) SAS Risk Analyst
4 1 (12.50%) Agile Project Manager
4 1 (12.50%) Credit Risk Developer
4 1 (12.50%) Developer
4 1 (12.50%) Digital Agile Project Manager
4 1 (12.50%) Digital Analyst
4 1 (12.50%) Digital Project Manager
4 1 (12.50%) Quantitative Developer
4 1 (12.50%) Senior Analyst
4 1 (12.50%) SQL Analyst
4 1 (12.50%) Technical Manager
4 1 (12.50%) Technical Project Manager
Miscellaneous
1 5 (62.50%) Mathematics
2 4 (50.00%) Credit Risk
2 4 (50.00%) Statistics
3 3 (37.50%) Analytical Skills
3 3 (37.50%) User Experience
4 1 (12.50%) Computer Science
4 1 (12.50%) Market Risk
4 1 (12.50%) Physics
4 1 (12.50%) Visualisation
Processes & Methodologies
1 4 (50.00%) Analytics
1 4 (50.00%) Risk Management
2 3 (37.50%) Open Source
2 3 (37.50%) Operations Research
3 2 (25.00%) Agile Software Development
3 2 (25.00%) Change Management
3 2 (25.00%) Fraud Detection
3 2 (25.00%) PRINCE2
3 2 (25.00%) Risk Analysis
3 2 (25.00%) Risk Analytics
3 2 (25.00%) User Stories
4 1 (12.50%) Business Intelligence
4 1 (12.50%) E-Commerce
4 1 (12.50%) Information Security
4 1 (12.50%) Information Security Management
4 1 (12.50%) Quality Management
4 1 (12.50%) Risk Assessment
4 1 (12.50%) Security Management
4 1 (12.50%) Validation
4 1 (12.50%) Web Analytics
Programming Languages
1 4 (50.00%) MATLAB
2 3 (37.50%) R
2 3 (37.50%) SQL
3 1 (12.50%) C++
Qualifications
1 5 (62.50%) Degree
2 1 (12.50%) CISA
2 1 (12.50%) CISM
2 1 (12.50%) CISSP
2 1 (12.50%) SC Cleared
2 1 (12.50%) Security Cleared
Vendors
1 2 (25.00%) Atlassian
2 1 (12.50%) Cognos
2 1 (12.50%) Google
2 1 (12.50%) Tableau