The table below looks at the prevalence of the term Economics in IT contracts advertised for the Scotland region. Included is a guide to the contractor rates offered in IT contracts that have cited Economics over the 3 months to 29 May 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 May 2016
Same period 2015 Same period 2014
Economics
Rank 150 124 123
Rank change year-on-year
-26 -1
Contract jobs citing Economics 1 7 7
As % of all contract IT jobs located in Scotland 0.034% 0.23% 0.27%
As % of the Miscellaneous category 0.097% 0.88% 0.98%
Number of daily rates quoted 1 4 5
Median daily rate £600 £268 £330
Median daily rate % change year-on-year
+124.29% -18.93%
UK excluding London median daily rate £427 £345 £330
% change year-on-year
+23.87% +4.54%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £25.00
Economics
UK

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

Miscellaneous Category
Scotland
Contract IT job ads with a match in the
Miscellaneous category
1031 797 716
As % of all contract IT jobs located in Scotland 35.55% 26.65% 27.48%
Number of daily rates quoted 561 382 395
Median daily rate £350 £350 £375
Median daily rate % change year-on-year
- -6.66%
90% offered a daily rate of more than £225 £213 £225
10% offered a daily rate of more than £500 £463 £475
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 32 43 23
Median hourly rate £40.00 £27.44 £25.00
Median hourly rate % change year-on-year
+45.77% +9.76%
90% offered a hourly rate of more than £14.19 £13.00 £12.85
10% offered a hourly rate of more than £46.60 £55.00 £27.50
UK excluding London median hourly rate £22.00 £18.24 £20.00
% change year-on-year
+20.64% -8.82%

Economics
Jobs Demand Trend in Scotland

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

Economics Jobs Demand Trend in Scotland

Economics
Daily Rate Trend in Scotland

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

Economics Daily Rate Trend in Scotland

Economics
Hourly Rate Trend in Scotland

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

Economics Hourly Rate Trend in Scotland

Economics
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Economics within the Scotland region over the 3 months to 29 May 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Edinburgh -5 1 £600 +84.61%
Economics
UK

Economics
Top 7 Related IT Skills in Scotland

For the 6 months to 29 May 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 Scotland region with a requirement for Economics.

1 1 (100.00%) SAS
1 1 (100.00%) Validation
1 1 (100.00%) Statistical Analysis
1 1 (100.00%) Mathematics
1 1 (100.00%) Physics
1 1 (100.00%) Credit Risk
1 1 (100.00%) Regression Analysis

Economics
Top Related IT Skills in Scotland 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 1 (100.00%) SAS
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Credit Analyst
1 1 (100.00%) Credit Risk Analyst
1 1 (100.00%) Qualitative Analyst
1 1 (100.00%) Quantitative Analyst
1 1 (100.00%) Quantitative Risk Analyst
1 1 (100.00%) Risk Analyst
1 1 (100.00%) Statistical Analyst
Miscellaneous
1 1 (100.00%) Credit Risk
1 1 (100.00%) Mathematics
1 1 (100.00%) Physics
Processes & Methodologies
1 1 (100.00%) Regression Analysis
1 1 (100.00%) Statistical Analysis
1 1 (100.00%) Validation