The table below looks at the prevalence of the term Economics in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Economics over the 3 months to 30 April 2016 with a comparison to the same period in 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
30 Apr 2016
Same period 2015 Same period 2014
Economics
Rank 413 396 369
Rank change year-on-year
-17 -27
Contract jobs citing Economics 19 31 67
As % of all contract IT jobs located in London 0.083% 0.14% 0.29%
As % of the Miscellaneous category 0.23% 0.38% 0.76%
Number of daily rates quoted 15 23 47
Average daily rate £495 £423 £450
Average daily rate % change year-on-year
+17.15% -6.11%
90% offered a daily rate of more than £426 £323 £357
10% offered a daily rate of more than £665 £590 £570
UK excluding London average daily rate £388 £347 £363
% change year-on-year
+11.51% -4.14%
Number of hourly rates quoted 0 1 4
Average hourly rate - £14.65 £30.00
Average hourly rate % change year-on-year
- -51.18%
UK excluding London average hourly rate - - £25.00
Economics
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8336 8175 8817
As % of all contract IT jobs located in London 36.22% 36.45% 37.78%
Number of daily rates quoted 5960 5535 6184
Average daily rate £475 £470 £450
Average daily rate % change year-on-year
+1.06% +4.44%
90% offered a daily rate of more than £300 £285 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 118 127 159
Average hourly rate £22.00 £17.87 £21.00
Average hourly rate % change year-on-year
+23.14% -14.92%
90% offered a hourly rate of more than £12.50 £13.03 £14.01
10% offered a hourly rate of more than £52.75 £46.50 £41.00
UK excluding London average hourly rate £21.75 £18.90 £20.00
% change year-on-year
+15.07% -5.50%

Economics
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Economics across the London region as a proportion of the total demand within the Miscellaneous category.

Economics Jobs Demand Trend in London

Economics
Daily Rate Trend in London

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

Economics Daily Rate Trend in London

Economics
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics across the London region over the 3 months to 30 April 2016.

Economics Daily Rate Histogram in London

Economics
Hourly Rate Trend in London

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

Economics Hourly Rate Trend in London

Economics
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Economics within the London region over the 3 months to 30 April 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +38 4 £500 +14.28% 3
Economics
England

Economics
Top 30 Related IT Skills in London

For the 6 months to 30 April 2016, IT contractor jobs across the London region citing Economics also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Economics.

1 26 (59.09%) Finance
2 19 (43.18%) Degree
3 16 (36.36%) Computer Science
4 15 (34.09%) Mathematics
5 14 (31.82%) Analytical Skills
6 13 (29.55%) Banking
6 13 (29.55%) SQL
7 11 (25.00%) Statistics
8 10 (22.73%) Agile Software Development
9 9 (20.45%) PRINCE2
10 8 (18.18%) Investment Banking
10 8 (18.18%) Marketing
11 7 (15.91%) Retail
11 7 (15.91%) Business Analysis
11 7 (15.91%) Python
11 7 (15.91%) Project Management
11 7 (15.91%) Front Office
12 6 (13.64%) Analytics
12 6 (13.64%) User Stories
12 6 (13.64%) QA
13 5 (11.36%) Security Cleared
13 5 (11.36%) Risk Management
13 5 (11.36%) Change Management
13 5 (11.36%) MS Excel
13 5 (11.36%) Java
13 5 (11.36%) VBA
13 5 (11.36%) E-Commerce
13 5 (11.36%) Data Mining
13 5 (11.36%) Data Analysis
13 5 (11.36%) Derivative

Economics
Top Related IT Skills in London by Category

For the 6 months to 30 April 2016, IT contractor jobs across the London region citing Economics also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Economics. Up to 20 skills are shown per category.

Application Platforms
1 4 (9.09%) Confluence
2 3 (6.82%) SAS
Applications
1 5 (11.36%) MS Excel
2 3 (6.82%) MS PowerPoint
2 3 (6.82%) SPSS
3 1 (2.27%) EViews
3 1 (2.27%) MS Office
3 1 (2.27%) Stata
Cloud Services
1 4 (9.09%) Google Analytics
Communications & Networking
1 3 (6.82%) HTTPS
2 1 (2.27%) Internet
2 1 (2.27%) Multicast
Database & Business Intelligence
1 5 (11.36%) Data Mining
2 4 (9.09%) Apache Hive
2 4 (9.09%) Big Data
2 4 (9.09%) Hadoop
3 1 (2.27%) Data Mart
3 1 (2.27%) GIS
3 1 (2.27%) KDB
3 1 (2.27%) Oracle Database
3 1 (2.27%) QGIS
3 1 (2.27%) QlikView
3 1 (2.27%) RDBMS
3 1 (2.27%) Relational Database
3 1 (2.27%) SAS Data Integration Studio
3 1 (2.27%) SQL Server
Development Applications
1 4 (9.09%) JIRA
General
1 26 (59.09%) Finance
2 13 (29.55%) Banking
3 8 (18.18%) Investment Banking
3 8 (18.18%) Marketing
4 7 (15.91%) Front Office
4 7 (15.91%) Retail
5 4 (9.09%) Electronics
6 1 (2.27%) Polish Language
6 1 (2.27%) Retail Banking
6 1 (2.27%) Russian Language
6 1 (2.27%) Telecoms
Job Titles
1 20 (45.45%) Analyst
2 10 (22.73%) Business Analyst
2 10 (22.73%) Project Manager
3 3 (6.82%) Data Analyst
3 3 (6.82%) Developer
3 3 (6.82%) Digital Project Manager
3 3 (6.82%) Senior Analyst
3 3 (6.82%) SQL Analyst
4 2 (4.55%) Agile Project Manager
4 2 (4.55%) Business Intelligence Analyst
4 2 (4.55%) Consultant
4 2 (4.55%) Digital Agile Project Manager
4 2 (4.55%) Digital Analyst
4 2 (4.55%) Marketing Analyst
4 2 (4.55%) Quantitative Developer
4 2 (4.55%) Senior Business Analyst
4 2 (4.55%) Senior Manager
4 2 (4.55%) Senior Project Manager
4 2 (4.55%) SPSS Consultant
4 2 (4.55%) SQL Data Analyst
Libraries, Frameworks & Software Standards
1 1 (2.27%) .NET
1 1 (2.27%) Murex MxML
1 1 (2.27%) PostGIS
Miscellaneous
1 16 (36.36%) Computer Science
2 15 (34.09%) Mathematics
3 14 (31.82%) Analytical Skills
4 11 (25.00%) Statistics
5 5 (11.36%) Derivative
5 5 (11.36%) Equities
6 4 (9.09%) Algorithms
6 4 (9.09%) Credit Risk
6 4 (9.09%) Fixed Income
6 4 (9.09%) Hedge funds
7 3 (6.82%) Foreign Exchange (FX)
7 3 (6.82%) Physics
8 2 (4.55%) Management Information System
8 2 (4.55%) Market Risk
9 1 (2.27%) Chemistry
9 1 (2.27%) Data Structures
9 1 (2.27%) Eurex
9 1 (2.27%) Mobile App
9 1 (2.27%) Smart Energy
9 1 (2.27%) User Experience
Operating Systems
1 1 (2.27%) Unix
Processes & Methodologies
1 10 (22.73%) Agile Software Development
2 9 (20.45%) PRINCE2
3 7 (15.91%) Business Analysis
3 7 (15.91%) Project Management
4 6 (13.64%) Analytics
4 6 (13.64%) User Stories
5 5 (11.36%) Change Management
5 5 (11.36%) Data Analysis
5 5 (11.36%) E-Commerce
5 5 (11.36%) Operations Research
5 5 (11.36%) Risk Management
6 4 (9.09%) Asset Management
6 4 (9.09%) Competitor Analysis
6 4 (9.09%) Digital Marketing
6 4 (9.09%) SDLC
6 4 (9.09%) SEO
6 4 (9.09%) Validation
6 4 (9.09%) Web Analytics
7 3 (6.82%) Business Intelligence
7 3 (6.82%) Monte Carlo Method
Programming Languages
1 13 (29.55%) SQL
2 7 (15.91%) Python
3 5 (11.36%) Java
3 5 (11.36%) VBA
4 3 (6.82%) MATLAB
5 2 (4.55%) C#
5 2 (4.55%) R
6 1 (2.27%) C++
6 1 (2.27%) Perl
6 1 (2.27%) VB
Qualifications
1 19 (43.18%) Degree
2 5 (11.36%) Security Cleared
3 4 (9.09%) SC Cleared
4 2 (4.55%) CFA
4 2 (4.55%) CISA
4 2 (4.55%) CISM
4 2 (4.55%) CISSP
5 1 (2.27%) BPSS Clearance
5 1 (2.27%) PhD
5 1 (2.27%) Postgraduate
5 1 (2.27%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 6 (13.64%) QA
2 5 (11.36%) MiFID
3 4 (9.09%) AIFMD
3 4 (9.09%) Dodd-Frank
3 4 (9.09%) UCITS
4 2 (4.55%) Data Quality
5 1 (2.27%) Disclosure Scotland
Systems Management
1 1 (2.27%) ITRS Geneos
Vendors
1 4 (9.09%) Atlassian
1 4 (9.09%) Google
1 4 (9.09%) Microsoft
1 4 (9.09%) Optimizely
1 4 (9.09%) Tableau
2 2 (4.55%) Cognos
3 1 (2.27%) Mapinfo
3 1 (2.27%) Murex
3 1 (2.27%) Oracle
3 1 (2.27%) Salesforce.com
3 1 (2.27%) Splunk