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Typically, economists gauge economic expansion by monitoring real Gross Domestic Product per person.

The social science field of economics has professionals and practitioners. In addition, the person can research, create, and use economic theories and concepts, as well as write about economic policy. Macroeconomic analysis, microeconomic analysis, financial statement analysis, mathematical finance, and philosophical economics are just a few of the many sub-fields that fall under this umbrella, ranging from broad philosophical theories to the focused study of minutiae within specific markets.

These sub-fields use analytical tools and methods like econometrics, statistics, economics computational models, financial economics, and mathematical economics. Economists operate in a variety of settings, including academia, government, and the commercial sector, where they may also "...analyze data and statistics in order to spot trends in economic activity, Gross Domestic Product (GDP)  economic confidence levels, and consumer sentiments.

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