How to Become a Political-Economic Adviser

Economic advisers serve at every level of government.

A political-economic adviser is one way to refer to an economic adviser to a politician. Politicians at the federal and state levels, and even in some cities, use economic advisers to help them design economic policy. The Council of Economic Advisers advises the President of the United States on economic policy, and is composed of a chair and two other members, with a staff of about 14 other economists. Individual congresspersons, state governors, and some county and city executives have individuals who serve as economic advisers. Many of the same skills required by political-economic advisers as are used by economic consultants in business and industry.

Instructions

1. Obtain a doctoral degree in economics from a major university. After obtaining a bachelors degree (preferably in economics) from a good school, apply carefully to a university program with a national reputation. Your dissertation research should be on an issue of wide applicability for the level of government you plan to advise. For example, if you wish to work at the federal level, research on fiscal policy and its effects would be appropriate.

2. Gain practical experience as an economist, preferably in government and/or banking. Students may obtain internships as junior economists or research assistants at various government agencies and private businesses. For example, the President's Council of Economic Advisers offers internships to undergraduate and graduate students.

3. Raise your public profile. Write articles that address thorny economic issues with technical proficiency, clear writing, and strong suggestions. Publish these articles in a combination of academic journals, magazines for the political and economic elite, and popular magazines. Publish books for the same audiences. Write newspaper op-ed pieces on the local, state, and/or national economy, for both general news and financial publications.

4. Build political connections. Offer your services as a campaign volunteer to the local political party of your choice. Offer your services as economic adviser to fledgling politicians. Make organized politics part of your life.

References

• The White House, President Barack Obama: Council of Economic Advisers
• urhc.com: Economic Consulting
• Indiana University, Bloomington: Economic Consulting