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 average contractor rates offered in IT contracts that have cited Economics over the 3 months to 1 May 2015 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.

Location
3 months to
1 May 2015
Same period 2014 Same period 2013
Economics
Rank 123 123 117
Rank change year-on-year
0 -6
Contract jobs citing Economics 5 4 3
As % of all contract IT jobs located in Scotland 0.17% 0.15% 0.12%
As % of the Miscellaneous category 0.68% 0.58% 0.43%
Number of daily rates quoted 2 4 3
Average daily rate
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£238 £330 £350
Average daily rate % change year-on-year
-28.03% -5.71%
90% offered a daily rate of more than £216 £330 £330
10% offered a daily rate of more than £260 £330 £358
UK excluding London average daily rate £347 £363 £400
% change year-on-year
-4.14% -9.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
733 686 691
As % of all contract IT jobs located in Scotland 24.43% 26.02% 28.22%
Number of daily rates quoted 394 362 317
Average daily rate £375 £375 £370
Average daily rate % change year-on-year
- +1.35%
90% offered a daily rate of more than £200 £237 £250
10% offered a daily rate of more than £475 £472 £500
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 40 15 20
Average hourly rate £30.75 £25.00 £14.87
Average hourly rate % change year-on-year
+23.00% +68.12%
90% offered a hourly rate of more than £12.10 £13.00 £11.86
10% offered a hourly rate of more than £56.30 £25.00 £36.00
UK excluding London average hourly rate £20.00 £22.50 £21.50
% change year-on-year
-11.11% +4.65%

Economics
Jobs Demand Trend in Scotland

This chart provides a 3-month moving total of IT contractor jobs citing Economics across the Scotland region as a proportion of the total demand within 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 average contractor rates quoted in IT jobs citing Economics within the Scotland region over the 3 months to 1 May 2015. 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
Renfrewshire +1 5 £238 -28.03%
Economics
UK

Economics
Top 23 Related IT Skills in Scotland

For the 6 months to 1 May 2015, IT contractor jobs across the Scotland 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 22 (95.65%) Project Management
1 22 (95.65%) Project Planning
2 18 (78.26%) SC Cleared
2 18 (78.26%) Security Cleared
3 15 (65.22%) Analytical Skills
4 14 (60.87%) Change Management
5 13 (56.52%) ITIL
5 13 (56.52%) PMP
5 13 (56.52%) PMI Certification
5 13 (56.52%) PRINCE
6 5 (21.74%) Change Control
6 5 (21.74%) Marketing
7 4 (17.39%) Management Information System
8 3 (13.04%) Finance
9 2 (8.70%) Critical Success Factor
9 2 (8.70%) HP
10 1 (4.35%) Bloomberg
10 1 (4.35%) Asset Management
10 1 (4.35%) Statistics
10 1 (4.35%) Risk Management
10 1 (4.35%) Degree
10 1 (4.35%) Mathematics
10 1 (4.35%) Investment Management

Economics
Top Related IT Skills in Scotland by Category

For the 6 months to 1 May 2015, IT contractor jobs across the Scotland 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.

General
1 5 (21.74%) Marketing
2 3 (13.04%) Finance
Job Titles
1 14 (60.87%) Project Manager
2 5 (21.74%) Analyst
3 4 (17.39%) Project Analyst
4 3 (13.04%) Coordinator
4 3 (13.04%) Project Coordinator
5 1 (4.35%) Risk Analyst
5 1 (4.35%) Project Planner
5 1 (4.35%) Risk Officer
5 1 (4.35%) Project Support Coordinator
Miscellaneous
1 15 (65.22%) Analytical Skills
2 4 (17.39%) Management Information System
3 1 (4.35%) Statistics
3 1 (4.35%) Mathematics
Processes & Methodologies
1 22 (95.65%) Project Management
1 22 (95.65%) Project Planning
2 14 (60.87%) Change Management
3 13 (56.52%) ITIL
3 13 (56.52%) PRINCE
4 5 (21.74%) Change Control
5 2 (8.70%) Critical Success Factor
6 1 (4.35%) Asset Management
6 1 (4.35%) Risk Management
6 1 (4.35%) Investment Management
Qualifications
1 18 (78.26%) SC Cleared
1 18 (78.26%) Security Cleared
2 13 (56.52%) PMP
2 13 (56.52%) PMI Certification
3 1 (4.35%) Degree
Vendors
1 2 (8.70%) HP
2 1 (4.35%) Bloomberg