The table below looks at the prevalence of the term Economics in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Economics over the 3 months to 12 February 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.

Location
3 months to
12 Feb 2016
Same period 2015 Same period 2014
Economics
Rank 577 525 517
Rank change year-on-year
-52 -8
Contract jobs citing Economics 49 87 71
As % of all contract IT jobs located in the UK 0.095% 0.17% 0.14%
As % of the Miscellaneous category 0.30% 0.54% 0.45%
Number of daily rates quoted 39 56 35
Average daily rate £400 £410 £349
Average daily rate % change year-on-year
-2.43% +17.47%
90% offered a daily rate of more than £278 £234 £166
10% offered a daily rate of more than £685 £600 £625
UK excluding London average daily rate £380 £394 £400
% change year-on-year
-3.60% -1.44%
Number of hourly rates quoted 2 0 3
Average hourly rate £9.39 - £28.00
UK excluding London average hourly rate - - -

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
16596 16129 15942
As % of all contract IT jobs located in the UK 32.26% 31.14% 32.06%
Number of daily rates quoted 10700 10027 9635
Average daily rate £425 £415 £405
Average daily rate % change year-on-year
+2.40% +2.46%
90% offered a daily rate of more than £250 £240 £230
10% offered a daily rate of more than £623 £600 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 663 688 665
Average hourly rate £21.50 £18.00 £19.00
Average hourly rate % change year-on-year
+19.44% -5.26%
90% offered a hourly rate of more than £12.50 £11.50 £11.51
10% offered a hourly rate of more than £52.63 £40.00 £42.50
UK excluding London average hourly rate £23.75 £17.50 £17.50
% change year-on-year
+35.71% -

Economics
Jobs Demand Trend

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

Economics Jobs Demand Trend in the UK

Economics
Daily Rate Trend

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

Economics Daily Rate Trend in the UK

Economics
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics within the UK over the 3 months to 12 February 2016.

Economics Daily Rate Histogram in the UK

Economics
Hourly Rate Trend

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

Economics Hourly Rate Trend in the UK

Economics
Top 29 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Economics within the UK over the 3 months to 12 February 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
England -22 48 £400 -10.11% 40
London +1 23 £420 -16.00% 32
South East +14 13 £380 -3.60%
Hampshire -4 5 £370 -5.12%
North West -14 5 £888 +102.51%
North East -23 5 £360 -18.08%
Tyne and Wear -32 5 £360 -18.08%
Newcastle upon Tyne -35 5 £360 -18.08%
Surrey -5 4 £413 -17.50%
Berkshire +10 3 - -
Lancashire +3 3 £900 +99.34%
Weybridge 0 3 £413 -17.50%
Blackpool -7 3 £900 +99.34%
City of London +29 2 £575 +12.74% 9
Newbury - 2 - -
Hook +8 1 £338 -15.29%
West Yorkshire -11 1 £475 +90.00%
Leeds -12 1 £475 +90.00%
West Midlands -12 1 £250 -37.50% 2
Manchester -15 1 - -
Yorkshire -22 1 £475 +90.00%
Oxfordshire - 1 £398 -
Oxford - 1 £398 -
Solihull - 1 £250 -
Basingstoke - 1 £165 -
Cardiff - 1 £350 - 1
Guildford - 1 - -
Wales - 1 £350 - 1
South Wales - 1 £350 - 1

Economics
Top 30 Related IT Skills

For the 6 months to 12 February 2016, IT contractor jobs within the UK 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 71 (52.99%) Finance
2 60 (44.78%) Analytical Skills
3 55 (41.04%) Degree
4 42 (31.34%) Mathematics
5 37 (27.61%) Computer Science
6 36 (26.87%) Statistics
7 35 (26.12%) Analytics
8 30 (22.39%) SQL
9 28 (20.90%) Project Management
10 24 (17.91%) Security Cleared
11 22 (16.42%) Operations Research
12 21 (15.67%) Hadoop
12 21 (15.67%) SAS
13 19 (14.18%) Credit Risk
14 18 (13.43%) Project Planning
14 18 (13.43%) Microsoft
14 18 (13.43%) Change Management
15 17 (12.69%) MS Excel
16 15 (11.19%) PRINCE2
16 15 (11.19%) Business Intelligence
16 15 (11.19%) Stakeholder Management
16 15 (11.19%) R
17 14 (10.45%) SDLC
17 14 (10.45%) Physics
17 14 (10.45%) SC Cleared
18 13 (9.70%) Banking
18 13 (9.70%) Programme Management
18 13 (9.70%) SPSS
18 13 (9.70%) Python
18 13 (9.70%) SAP

Economics
Top Related IT Skills by Category

For the 6 months to 12 February 2016, IT contractor jobs within the UK 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 21 (15.67%) SAS
2 8 (5.97%) Apache Pig
2 8 (5.97%) Apache Spark
3 1 (0.75%) Apache
Applications
1 17 (12.69%) MS Excel
2 13 (9.70%) SPSS
3 9 (6.72%) MS Office
4 2 (1.49%) MS PowerPoint
5 1 (0.75%) MS Project
5 1 (0.75%) Stata
Business Applications
1 3 (2.24%) Dynamics CRM
2 2 (1.49%) SAP CO
2 2 (1.49%) SAP FI
2 2 (1.49%) SAP FI/CO
3 1 (0.75%) Dynamics AX
3 1 (0.75%) Front Arena
3 1 (0.75%) Markit EDM
3 1 (0.75%) SAP SCM
3 1 (0.75%) thinkFolio
Cloud Services
1 5 (3.73%) Google Analytics
2 1 (0.75%) Office 365
Communications & Networking
1 2 (1.49%) HTTPS
2 1 (0.75%) Broadband
2 1 (0.75%) Internet
2 1 (0.75%) Multicast
Database & Business Intelligence
1 21 (15.67%) Hadoop
2 12 (8.96%) Apache Hive
2 12 (8.96%) Data Mining
3 10 (7.46%) BusinessObjects
4 8 (5.97%) Impala
5 7 (5.22%) Big Data
6 6 (4.48%) Oracle BI EE
7 3 (2.24%) SQL Server
8 2 (1.49%) MS Access
8 2 (1.49%) SQL Server Integration Services
9 1 (0.75%) Crystal Reports
9 1 (0.75%) Data Warehouse
9 1 (0.75%) KDB
9 1 (0.75%) MongoDB
9 1 (0.75%) Oracle Database
9 1 (0.75%) RDBMS
9 1 (0.75%) Relational Database
9 1 (0.75%) SAS Data Integration Studio
9 1 (0.75%) SQL Server Analysis Services
9 1 (0.75%) SQL Server Reporting Services
Development Applications
1 1 (0.75%) SoapUI
General
1 71 (52.99%) Finance
2 13 (9.70%) Banking
3 12 (8.96%) Retail
4 11 (8.21%) Marketing
5 9 (6.72%) Front Office
6 5 (3.73%) Multimedia
6 5 (3.73%) Telecoms
7 4 (2.99%) Electronics
8 3 (2.24%) Investment Banking
9 2 (1.49%) Dutch Language
9 2 (1.49%) Retail Banking
10 1 (0.75%) Advertising
10 1 (0.75%) French Language
10 1 (0.75%) Games
10 1 (0.75%) Law
10 1 (0.75%) Legal
10 1 (0.75%) Military
10 1 (0.75%) Polish Language
10 1 (0.75%) Publishing
10 1 (0.75%) Russian Language
Job Titles
1 48 (35.82%) Analyst
2 27 (20.15%) Project Manager
3 18 (13.43%) Business Analyst
4 10 (7.46%) Data Analyst
5 7 (5.22%) SAS Analyst
5 7 (5.22%) Senior Analyst
6 6 (4.48%) Applications Manager
6 6 (4.48%) Applications Project Manager
6 6 (4.48%) Consultant
6 6 (4.48%) Developer
6 6 (4.48%) Senior Business Analyst
6 6 (4.48%) SQL Analyst
7 5 (3.73%) IT Manager
7 5 (3.73%) IT Project Manager
7 5 (3.73%) Risk Analyst
7 5 (3.73%) Senior Manager
7 5 (3.73%) Strategy Analyst
8 4 (2.99%) Application Development Manager
8 4 (2.99%) Application Development Project Manager
8 4 (2.99%) SAS Data Analyst
Libraries, Frameworks & Software Standards
1 2 (1.49%) .NET
2 1 (0.75%) AngularJS
2 1 (0.75%) Grails
2 1 (0.75%) Middleware
2 1 (0.75%) SAML
2 1 (0.75%) SOAP
2 1 (0.75%) Web Services
2 1 (0.75%) XML
2 1 (0.75%) XSD
Miscellaneous
1 60 (44.78%) Analytical Skills
2 42 (31.34%) Mathematics
3 37 (27.61%) Computer Science
4 36 (26.87%) Statistics
5 19 (14.18%) Credit Risk
6 14 (10.45%) Physics
7 7 (5.22%) Applied Mathematics
8 6 (4.48%) Management Information System
9 5 (3.73%) Algorithms
9 5 (3.73%) Derivative
9 5 (3.73%) Hedge funds
9 5 (3.73%) Neural Network
10 4 (2.99%) Data Structures
10 4 (2.99%) Psychology
10 4 (2.99%) Visualisation
11 3 (2.24%) Foreign Exchange (FX)
11 3 (2.24%) Market Risk
12 2 (1.49%) Equities
12 2 (1.49%) Mainframe
12 2 (1.49%) User Experience
Operating Systems
1 10 (7.46%) Unix
2 2 (1.49%) Windows
3 1 (0.75%) Windows 7
3 1 (0.75%) Windows Server
3 1 (0.75%) Windows Server 2012
Processes & Methodologies
1 35 (26.12%) Analytics
2 28 (20.90%) Project Management
3 22 (16.42%) Operations Research
4 18 (13.43%) Change Management
4 18 (13.43%) Project Planning
5 15 (11.19%) Business Intelligence
5 15 (11.19%) PRINCE2
5 15 (11.19%) Stakeholder Management
6 14 (10.45%) SDLC
7 13 (9.70%) Programme Management
8 12 (8.96%) Change Control
8 12 (8.96%) Validation
9 11 (8.21%) Agile Software Development
9 11 (8.21%) Business Analysis
9 11 (8.21%) Service Delivery
10 10 (7.46%) CRM
11 9 (6.72%) Data Analytics
11 9 (6.72%) Risk Analytics
12 8 (5.97%) E-Commerce
12 8 (5.97%) Process Improvement
Programming Languages
1 30 (22.39%) SQL
2 15 (11.19%) R
3 13 (9.70%) Python
4 10 (7.46%) VBA
5 8 (5.97%) Java
6 4 (2.99%) MATLAB
7 2 (1.49%) C
7 2 (1.49%) C#
7 2 (1.49%) C++
8 1 (0.75%) Groovy
8 1 (0.75%) Perl
8 1 (0.75%) PowerShell
8 1 (0.75%) Scala
8 1 (0.75%) VB.NET
Qualifications
1 55 (41.04%) Degree
2 24 (17.91%) Security Cleared
3 14 (10.45%) SC Cleared
4 6 (4.48%) PhD
5 3 (2.24%) Postgraduate
6 2 (1.49%) BPSS Clearance
6 2 (1.49%) PRINCE2 Practitioner
7 1 (0.75%) DV Cleared
7 1 (0.75%) MBA
7 1 (0.75%) PMI Certification
Quality Assurance & Compliance
1 7 (5.22%) QA
2 4 (2.99%) AIFMD
2 4 (2.99%) Data Quality
2 4 (2.99%) Dodd-Frank
2 4 (2.99%) MiFID
2 4 (2.99%) UCITS
3 1 (0.75%) Disclosure Scotland
3 1 (0.75%) ISO 9001
3 1 (0.75%) ISO/IEC 27001
3 1 (0.75%) PMBOK
System Software
1 1 (0.75%) Active Directory
Systems Management
1 8 (5.97%) Tivoli
2 1 (0.75%) ITRS Geneos
2 1 (0.75%) OPNET
Vendors
1 18 (13.43%) Microsoft
2 13 (9.70%) SAP
3 11 (8.21%) Tableau
4 10 (7.46%) Oracle
5 8 (5.97%) MicroStrategy
5 8 (5.97%) Teradata
6 7 (5.22%) Cognos
7 5 (3.73%) Google
8 2 (1.49%) IBM
9 1 (0.75%) Brio
9 1 (0.75%) NetSuite
9 1 (0.75%) RedPrairie
9 1 (0.75%) Salesforce.com
9 1 (0.75%) Splunk
9 1 (0.75%) SunGard
London
Streamline Connections
Rate: £500.00 - £800.00 per day
Posted: 23 hours ago
London
Experis Ltd
Rate: £440.00 - £480 per day
Posted: Yesterday
Cardiff, South Glamorgan
Experis Ltd
Rate: £400.00 per day
Posted: 3 days ago
United Kingdom
RAPP
Posted: 11 days ago
United Kingdom
Northern Trust Careers
Posted: 11 days ago