Description
Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.
Interests
- Investigative
- Conventional
- Enterprising
Work Values
- Working Conditions
- Independence
- Achievement
Work Styles
- Analytical Thinking
- Attention to Detail
- Integrity
- Achievement/Effort
- Initiative
Tasks
- Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
- Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
- Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
- Explain economic impact of policies to the public.
- Review documents written by others.
Work Activities
- Analyzing Data or Information
- Getting Information
- Working with Computers
- Processing Information
- Interpreting the Meaning of Information for Others
Detailed Work Activities
- Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
- Observing, receiving, and otherwise obtaining information from all relevant sources.
- Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
- Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
- Translating or explaining what information means and how it can be used.
- Keeping up-to-date technically and applying new knowledge to your job.
- Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
- Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
- Analyzing information and evaluating results to choose the best solution and solve problems.
- Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.
Technology Skills
- Analytical or scientific software
- Presentation software
- Object or component oriented development software
- Spreadsheet software
- Development environment software
Abilities
- Inductive Reasoning
- Mathematical Reasoning
- Written Comprehension
- Deductive Reasoning
- Oral Comprehension
Skills
- Critical Thinking
- Mathematics
- Reading Comprehension
- Active Listening
- Judgment and Decision Making
Knowledge
- Mathematics
- Economics and Accounting
- English Language
- Computers and Electronics
- Education and Training
Most Common Education Level
The “Most Common Education Level” refers to the level of education held by the majority of workers in a given occupation. For example, if the highest percentage of workers in a role have an Associate’s Degree, that suggests this is the typical educational requirement. Knowing this helps you plan how many years of education you may need to pursue that career.
Certificates
Certificate name
Certified Economic DeveloperCertifying Organization
International Economic Development Council
Type
Advanced
Certificate name
Chartered EconomistCertifying Organization
American Academy of Financial Management
Type
Advanced
Certificate name
Economic Development Finance ProfessionalCertifying Organization
The National Development Council
Type
Core
Income Percentile
The income percentiles show how earnings are distributed within a profession. The 10th percentile means that 10% of workers earned less than that amount. The median (50th percentile) indicates that half of workers earned more, and half earned less. The 90th percentile reflects what the top 10% of earners in the field make.
| Income Percentile | Annual Income |
|---|---|
| Low (10%) | N/A |
| Median (50%) | N/A |
| High (90%) | N/A |
Income by Experience
This table shows how income typically grows with experience—from entry level (0–2 years), to mid-level (3–5 years), to senior level (6–8 years), to expert level (8+ years).
| Experience | Income |
|---|---|
Entry Level  | $92,916 |
| Mid Level | $114,537 |
| Senior Level | $122,656 |
| Expert Level | $148,945 |
Employability
There are currently 17,500 jobs in this career path. Over the next 10 years, that number is expected to increase to 18,400 positions, reflecting a projected growth of 5%.
The Projected Job Growth figure refers to the expected increase or decrease in employment within a specific career field over a certain period of time.
Projected Job Growth of 5%
Related Careers
The career information and data on this site incorporates information from O*NET Web Services, Lightcast, CareerOneStop, and the U.S. Bureau of Labor Statistics (BLS). For more details regarding the data sources and the specific information sourced, click here.
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