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An accountant works with very detailed financial numbers. An economist works with much broader information, such as the economy and financial markets.

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11y ago

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Unlike an accountant an economist measures cost on what type of a basis?

historical basis


Why would an accountant say a firm is making a profit and an economist say it is losing money?

Economists always include both implicit and explicit costs in the calculation of their profits while accountants only cater for explicit costs when calculating profits.So due to the inclusion of opportunity costs, which can be termed implicit costs, economists' profits will always be lower than accountants' profits.Hence an accountant may say they are making profits while it is different from an economist's view.


When was the Southtown Economist first published?

The Southtown Economist was first published in 1906. The Southtown Economist was originally named the Englewood Economist and in 1924 was renamed the Southtown Economist.


Who owns the economist?

The Publication Economist is owned by the Economist Group. Half of the Economist Group is owed by Pearson PLC via Financial Times. The rest of the Economist Group is owned by independent shareholders.


What is the difference between a scientific economist and a policy advisor economist?

A scientific economist is an economist that deals with the nation in aspect of science While policy advisor is an economist that advice on political aspect or affairs of a nation


Who owns the publication Economist?

The Publication Economist is owned by the Economist Group. Half of the Economist Group is owed by Pearson PLC via Financial Times. The rest of the Economist Group is owned by independent shareholders.


Are The Economist Intelligence Unit issues differenct than regular The Economist magazine?

What is the difference between The Economist magazine issues and The Economist Intelligence Unit issues


Who has a better view between accountant and economist?

Depends on where their office is. Economists tend to look at the bigger picture of things like the world economy whilst accountants are much more focused on the financial situation of a single business or individual.


When was The Economist created?

The Economist was created in 1843-09.


When was The Incidental Economist created?

The Incidental Economist was created in 2009.


When was Namibia Economist created?

Namibia Economist was created in 1991.


When was The Undercover Economist created?

The Undercover Economist was created in 2006.