Applied Economics Policy Advisor

This role is for one of Weekday’s clients

Salary range: Rs 1100000 - Rs 1400000 (ie INR 11 - 14 LPA)

Min Experience: 5+ years

Location: Delhi

JobType: full-time

We are seeking an Applied Economics Policy Advisor with strong expertise in quantitative economics, econometrics, regulatory analysis, and policy design. The role involves translating scientific evidence and complex economic data into practical economic assessments, policy recommendations, and informed decision-making.

The ideal candidate will have approximately 5-6 years of relevant professional experience, preferably combining applied economics with quantitative and qualitative policy analysis. They should be comfortable undertaking analytical and advisory assignments for industry, government, and other institutions, with the ability to develop actionable recommendations supported by robust economic evidence.

Requirements

Key Responsibilities

• Conduct applied economic research and quantitative and qualitative policy analysis to support evidence-based decision-making.
• Apply economic principles, including applied microeconomics, cost-benefit analysis, cost-effectiveness analysis, and financial modelling, to evaluate policies and projects.
• Analyse resource economics, economic incentives, and market-based instruments (MBIs) to assess policy options and their potential outcomes.
• Evaluate tariffs, subsidies, externalities, cost allocation mechanisms, and economic trade-offs across sectors.
• Undertake quantitative analysis using statistical methods and econometric techniques.
• Translate scientific findings and technical evidence into economic assessments and practical policy recommendations.
• Assess the economic impact of industrial, environmental, and resource-related regulations.
• Structure and deliver analytical and advisory assignments for industry, government bodies, and other institutions.
• Develop clear, evidence-based reports and recommendations to inform regulatory and policy decisions.

Essential Skills and Competencies

• Strong foundation in Applied Microeconomics and economic analysis.
• Knowledge of environmental economics, resource economics, and economic incentives.
• Experience in cost-benefit analysis, cost-effectiveness analysis, and financial modelling.
• Understanding of tariffs, subsidies, externalities, and cost allocation.
• Strong quantitative and qualitative research capabilities, including statistical analysis and econometrics.
• Ability to interpret scientific and technical evidence and translate it into economic insights.
• Strong analytical, report-writing, communication, and problem-solving skills.
• Experience in managing and delivering economic research or policy advisory assignments.

Must-Have Skills

• Applied Microeconomics
• Environmental Economics
• Impact Assessment

Good-to-Have Skills

• Econometric Analysis
• Economic Impact Assessment
• Industrial Regulation Evaluation

Desirable Specialised Capabilities

Experience in one or more of the following areas will be an advantage:

• Econometric analysis of firm-level, sectoral, and regional datasets.
• Economic impact assessment and evaluation of industrial, environmental, and resource-related regulations.
• Carbon markets, carbon pricing, and decarbonisation economics.
• Climate adaptation economics and economic assessment of climate-related risks.
• Water pricing, allocation, and water-resource economics.
• Energy and infrastructure economics, including electricity tariffs and cost allocation.

Educational Qualifications

A Master’s degree in Economics, Applied Economics, Public Policy, Environmental and Resource Economics, or a related discipline is preferred.

Experience and Background

• Approximately 5-6 years of relevant professional experience in applied economics, economic research, public-policy analysis, infrastructure or environmental advisory, or economic consulting.
• Experience working on assignments involving industry, government, or other institutional stakeholders is preferred.
• Demonstrated ability to conduct quantitative analysis, evaluate economic and regulatory issues, and develop actionable recommendations supported by economic evidence.