Economist Salary Pay to do economics resume
Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues. Although the majority of economists work independently in an office, some collaborate with other economists and statisticians. Most economists work full time during regular business hours, but occasionally they work overtime to meet deadlines. Employment of economists is projected to grow 6 percent from toabout as fast just click for source the average for all occupations.
Pay to do economics resume the job duties, education, job growth, and pay of economists with similar occupations. Economists apply economic analysis to issues within a variety of fields, such as education, health, development, and the environment.
Some economists study the cost of products, healthcare, or energy. Others examine employment levels, business cycles, exchange rates, taxes, inflation, or interest rates.
Economists often study historical trends and use them to make forecasts. They research and analyze data using a variety of software programs, including spreadsheets, statistical analysis, and database management programs. They sometimes give a presentation of their research to various audiences. Many economists work in federal, state, and local government.
Federal government economists collect and analyze data about the U. They also project spending needs and inform policymakers on the economic impact of laws pay to do economics resume regulations. Economists working for corporations help them understand how the economy will affect their business. Specifically, economists may analyze issues such as consumer demand and sales to help a company maximize its profits.
Economists also work for research firms and think tanks, where they study and analyze a variety of economic issues.
Their analyses and forecasts are frequently published in newspapers and journal articles. Some economists work for companies with major international operations and for international organizations such as the World Bank, International Monetary Fund, and United Nations.
Many economists become postsecondary teachers. Behavioral economists study the effects of psychological and social factors on the economic decisionmaking of an individual. Pay to do economics resume research how these factors lead to and affect the outcome of an economic decision. Pay to do economics resume develop models and use mathematical analyses to test economic relationships. They use techniques such as calculus, game theory, and regression analysis to explain economic facts or trends in all areas of economics.
Financial economists analyze savings, investments, and risk. They also study pay to do economics resume markets and financial institutions.
Industrial organization economists study how pay to do economics resume within an industry are organized and how they compete. They also examine how antitrust laws, which regulate attempts by companies to restrict competition, affect markets. International economists study international trade and the impact of tariffs and trade restrictions. They also examine global financial markets and exchange rates. Labor economists study the supply http://onlinepharmacynoprescription.co/argumentative-essay-writing-websites-united-kingdom.php workers and the demand for labor by employers.
Pay to do economics resume research employment levels and how wages are set. They also analyze the effects of labor-related policies, such as minimum wage laws, and institutions, such as unions. Macroeconomists and monetary economists examine the economy as a whole.
They may research trends related to unemployment, inflation, and economic growth. They also study fiscal and monetary policies, which examine the effects of money supply and interest rates on the economy.
Microeconomists analyze supply and demand decisions of individuals and firms. For example, they may determine the quantity of products consumers will demand at a particular price. Public finance economists analyze the role of government in the economy. Specifically, they may analyze the effects of tax cuts, budget deficits, and welfare policies. Economists typically work independently in an office. However, many economists collaborate with other economists and statisticianssometimes working on teams.
Some economists work from home, and others may be required to travel as part of their job or to attend conferences. Some economists combine a full-time job in universities or businesses with part-time consulting work.
Most economists work full time. Some work under pressure of deadlines and tight schedules that may require overtime check this out. About 1 out of 4 economists worked more than 40 hours per week in Positions in business, research, or international organizations often require a combination of graduate education and work experience.
An advanced degree is sometimes required for advancement to higher level positions. Aspiring economists can gain valuable experience from internships that involve gathering and analyzing data, researching economic issues and trends, and writing reports on pay to do economics resume findings. In addition, related experience, such as working in business or finance, can be advantageous. Economists must be able to review data, observe patterns, and draw logical conclusions.
For example, some economists analyze historical employment trends to make future projections on jobs. Economists must be able to explain their work to others. They may give presentations, explain reports, or advise clients on economic issues. They may collaborate with colleagues and continue reading must explain economic concepts to those without a background in economics. Economists must be able to use logic and reasoning to solve complex problems.
For instance, they might identify how economic trends may affect an organization. Economists must pay attention to details. Precise data analysis is necessary to ensure esl creative essay writers site in their findings. Economists use the principles of statistics, calculus, and other advanced topics in mathematics in their economic analyses.
Economists must be able to present their findings clearly. Many economists prepare reports for colleagues or clients; others write for publication in journals or for news media.
Bureau of Labor Statistics, Occupational Employment Statistics. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. In Maythe median annual wages for economists in the top industries in which they worked were as follows: Most economists work full time. Bureau of Labor Statistics, Employment Projections program Employment of economists is projected to grow 6 percent from toabout as fast pay to do economics resume the average for all occupations.
Businesses and organizations across many industries are increasingly relying on economic analysis and quantitative methods to analyze and forecast business, sales, and other economic trends. Demand for economists should grow as a result http://onlinepharmacynoprescription.co/cheap-annotated-bibliography-ghostwriters-service-united-kingdom.php pay to do economics resume increasing complexity of the global economy, additional financial regulations, and a more competitive business pay to do economics resume. As a result, demand for economists should be highest in private industry, especially in management, scientific, and professional consulting services.
However, employment in the federal government—the largest employer of economists—is projected to decline over the next ten years due to anticipated reductions in federal spending. In general, job opportunities should be good. The Occupational Employment Statistics OES program produces employment and wage estimates annually for over occupations.
These estimates are available for the nation as a whole, for individual states, and for metropolitan and nonmetropolitan areas. The link s below go to OES data maps for employment and wages by state and area. Occupational employment projections are developed for all states by Labor Market Information LMI or individual state Employment Projections offices.
Popular research paper ghostwriting for hire state projections data are available at www.
Information on this site allows projected employment growth for an occupation to be compared among states or to be compared within one state.
There are links in the left-hand side menu to compare occupational employment by state and occupational wages by local area or metro area. There is also a salary info tool to search for wages by zip code. This table shows a list of occupations with job duties that are similar to those of economists.
Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk that an event will occur, and they help businesses and clients develop policies that minimize the cost of that risk.
Budget analysts help public and private institutions organize their finances. They prepare budget reports and monitor institutional spending. Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.
Market pay to do economics resume analysts study market conditions to examine potential sales of a product or service.
They help companies understand what products people want, who will buy them, and at what price. Mathematicians conduct research to develop and understand mathematical principles. They also analyze data and apply mathematical techniques to help solve real-world problems. Operations research analysts use advanced mathematical and analytical methods to help organizations investigate complex issues, identify and solve problems, and make better decisions.
Political scientists pay to do economics resume the origin, development, and operation of political systems. They research political ideas and analyze governments, policies, political trends, and related issues. Postsecondary teachers instruct students in a wide variety of academic and career and technical subjects beyond the high school level.
They also conduct research and publish scholarly papers and books. Statisticians use statistical methods to collect and pay to do economics resume data and to help solve real-world problems in business, engineering, healthcare, or other fields.
Survey researchers design and conduct surveys and analyze data. American Pay to do economics resume Association National Association for Business Economics U. Office of Personnel Management Economists Environmental Economists Bureau of Labor Statistics, U.
Department of Labor, Occupational Outlook Handbook, EditionEconomists. Thursday, December 17, The What They Do tab describes the typical duties and responsibilities of workers in the occupation, including what tools and equipment they use and how closely they are supervised. This tab also covers different types of occupational specialties.
The Work Environment tab includes the number of jobs held in the occupation and describes the workplace, the level of physical activity expected, and typical hours worked.
It may also write me popular best essay on shakespeare the major industries that employed the occupation. This tab may also describe opportunities for part-time work, the pay to do economics resume and type of travel required, any safety equipment that is used, and the risk of injury pay to do economics resume workers may face. The How to Become One tab describes how to prepare for a job in the occupation.
This tab can include information on education, training, work experience, licensing and certification, and important qualities that are required or helpful for entering or working in the occupation. The Pay tab describes pay to do economics resume earnings and how workers in the occupation are compensated—annual salaries, hourly wages, commissions, tips, or bonuses.
Within every occupation, earnings vary by experience, responsibility, performance, tenure, and geographic area. This tab may also provide information on earnings in the major industries employing the occupation. The Job Outlook tab describes the factors that affect employment growth or decline in the occupation, and in some instances, describes the relationship between the number of job seekers and the number of job openings.
The Similar Occupations tab describes occupations that share similar duties, skills, interests, education, or training with the occupation covered in the profile. The More Information tab provides the Internet addresses of associations, government agencies, unions, and other organizations that can provide additional information on the occupation. The wage at which half of the workers in the occupation earned more than that amount and half earned less. Median wage data are from the BLS Occupational Employment Statistics survey.
Additional training needed postemployment to attain competency in the skills needed in this occupation. Work experience that is commonly considered necessary by employers, or is a commonly accepted substitute for more formal types of training or education. The employment, or size, of this occupation inwhich is the base year of the employment projections. The projected percent change in employment from to The average growth rate for all occupations is 7 percent. Bureau of Labor Statistics Office of Occupational Statistics and Employment Projections, PSB Suite2 Massachusetts Avenue, NE Washington, DC US Department of Labor.
A to Z Index. Auf best dissertation methodology writer websites for school PDF of Labor Statistics. How Americans Spend Time. Work Experience Over Time. New York-New Jersey NY City. More Sources of Data.
National Longitudinal Surveys News. Quarterly, annual, and other. Economists interpret and forecast market trends. Economists often present their findings. Work Environment About this section. Economists typically work with computers.
How to Become an Economist About this section. Communication skills are important for economists, since they sometimes present research to colleagues. Pay About this section. Job Outlook About this section. Occupational Employment Statistics OES. Similar Occupations About this section. See How to Become One. Contacts for More Information About this see more. For more information about economists, visit.
For information about careers in business economics, visit. National Association for Business Economics. For information on federal government education requirements for economist positions, visit. Office of Personnel Management. To find job openings for economists in the federal government, visit.
Bureau of Labor Statistics, U. The What They Do tab describes the typical duties and responsibilities of workers in the occupation, including what tools and equipment they use and how closely they are supervised. How to Become One. Contacts for More Information. Typical level of education that most workers need to enter this occupation. Work experience in a related occupation. Number of Jobs, The projected numeric change in employment from to Employment Change, projected The percent change of employment for each occupation from to Projected Number of New Jobs.
Areas at a Glance. Industries at a Glance. Join our Mailing Lists. Bureau of Labor Statistics, Employment Projections program [ XLSX ].
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As of Mar , the average pay for an Economist is $71, annually or $/hr. Welcome back! Economics 2%. Stata 5%. Microsoft Excel 6%. Econometrics 6%.