The objectives of the institute are:
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To provide an organization, National and International in scope activity for all economists, treasurers, financial officers in both public and private sectors of Ghana’s economy.
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To unite all Ghanaians holding local and foreign qualifications who are being employed as economists in the public services of the Federal Republic of Ghana and beyond.
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To ensure a professional status necessary to promote and encourage the study and development of the art and science of economics in public practices, industry, commerce, and public sectors.
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To develop from time to time standards in economics and economic matters that will meet both Ghana and International standards.
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To hold examinations in economics and other subjects relevant to the profession and to issue certificates of merit on the results therefore and to make other awards as desirable.
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To ensure the highest professional standard by admitting to membership, persons who qualified through examinations and who have practical experience.
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To regulate the activities of the members and discipline any member for professional misconduct.
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To hold conferences, workshops, seminars, and symposia for discussion on economic matters and duties, presentation of papers, literature, and to issue copies of the abridgment of a position paper, books, lectures, records, and other memoranda.
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To instill a high standard of professional ability by means of regular publication of journals of the institute and to disseminate professional economics knowledge.
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To practice as economists and to advise the government and the private sectors on economic matters.
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To help in regulating and establishing standard prices on essential commodities for the benefit of the public.
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The establishment and maintenance of register of Fellows, Associates, Technicians, and Registered students.
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To provide opportunities for contact between members of the institute or connected thereto professional organization for chartered economists and to protect their mutual interest.
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To increase, disseminate, and promote knowledge, education, training, and exchange information and ideas in respect of all questions relating thereto.
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To make it mandatory for all students and graduates of economics to write the professional examination of the Institute in order to acquire higher professional status as chartered economists.
