19-3011.00

Economists

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.

Career Cluster:Management & Entrepreneurship
Job Family:Life, Physical, and Social Science
Job Zone:Job Zone Five: Extensive Preparation Needed
STEM:Research, Development, Design, and Practitioners
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Technology Tools

C++IBM SPSS StatisticsMicrosoft AccessMicrosoft ExcelMicrosoft Office softwareMicrosoft OutlookMicrosoft Power BIMicrosoft PowerPointMySQLRMicrosoft SQL ServerMicrosoft Visual BasicMicrosoft Visual Basic for Applications VBAMicrosoft WordMozilla FirefoxOracle JavaTableauPythonSASStructured query language SQLTeradata DatabaseThe MathWorks MATLABUNIXUNIX Shell

Key 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.
  • Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.
  • Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.
  • Supervise research projects and students' study projects.
  • Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.
  • Develop economic guidelines and standards, and prepare points of view used in forecasting trends and formulating economic policy.
  • Teach theories, principles, and methods of economics.
  • Testify at regulatory or legislative hearings concerning the estimated effects of changes in legislation or public policy, and present recommendations based on cost-benefit analyses.
  • Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.
  • Forecast production and consumption of renewable resources and supply, consumption, and depletion of non-renewable resources.
  • Construct and manage economic datasets.
  • Present research at seminars and conferences.

Skills

Reading Comprehension
78%
Mathematics
78%
Critical Thinking
78%
Speaking
75%
Writing
75%
Active Listening
75%
Judgment and Decision Making
75%
Active Learning
69%
Complex Problem Solving
69%
Instructing
56%
Systems Evaluation
56%
Systems Analysis
53%
Monitoring
53%
Learning Strategies
53%
Coordination
50%
Time Management
50%
Persuasion
50%
Social Perceptiveness
50%
Service Orientation
50%
Operations Analysis
41%
Management of Personnel Resources
38%
Negotiation
31%
Programming
28%
Science
22%
Management of Financial Resources
16%
Management of Material Resources
16%
Operations Monitoring
13%
Technology Design
10%
Quality Control Analysis
6%
Troubleshooting
0%
Repairing
0%
Installation
0%
Operation and Control
0%
Equipment Selection
0%
Equipment Maintenance
0%

Knowledge

Mathematics
89%
Economics and Accounting
87%
English Language
76%
Computers and Electronics
70%
Education and Training
53%
Communications and Media
44%
Law and Government
42%
Administration and Management
41%
Sociology and Anthropology
38%
History and Archeology
36%
Geography
33%
Personnel and Human Resources
32%
Customer and Personal Service
30%
Psychology
28%
Administrative
24%
Engineering and Technology
21%
Sales and Marketing
20%
Production and Processing
20%
Telecommunications
19%
Philosophy and Theology
19%
Foreign Language
17%
Transportation
13%
Design
11%
Physics
8%
Medicine and Dentistry
7%
Public Safety and Security
7%
Biology
7%
Chemistry
5%
Therapy and Counseling
5%
Building and Construction
4%
Mechanical
3%
Fine Arts
2%
Food Production
2%

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Abilities

Mathematical Reasoning
78%
Inductive Reasoning
78%
Written Comprehension
78%
Deductive Reasoning
75%
Oral Expression
75%
Oral Comprehension
75%
Speech Clarity
75%
Written Expression
75%
Fluency of Ideas
72%
Problem Sensitivity
66%
Speech Recognition
66%
Near Vision
63%
Number Facility
63%
Information Ordering
56%
Category Flexibility
53%
Originality
53%
Flexibility of Closure
47%
Memorization
47%
Selective Attention
44%
Perceptual Speed
35%
Far Vision
35%
Visualization
35%
Speed of Closure
35%
Time Sharing
25%
Hearing Sensitivity
19%
Auditory Attention
19%
Visual Color Discrimination
19%
Trunk Strength
16%
Depth Perception
13%
Wrist-Finger Speed
10%
Finger Dexterity
10%
Sound Localization
0%
Reaction Time
0%
Extent Flexibility
0%
Arm-Hand Steadiness
0%
Night Vision
0%
Stamina
0%
Static Strength
0%
Explosive Strength
0%
Peripheral Vision
0%
Multilimb Coordination
0%
Spatial Orientation
0%
Speed of Limb Movement
0%
Dynamic Strength
0%
Control Precision
0%
Glare Sensitivity
0%
Gross Body Equilibrium
0%
Rate Control
0%
Dynamic Flexibility
0%
Response Orientation
0%
Manual Dexterity
0%
Gross Body Coordination
0%

Work Activities

Analyzing Data or Information
98%
Getting Information
94%
Working with Computers
94%
Processing Information
91%
Interpreting the Meaning of Information for Others
87%
Updating and Using Relevant Knowledge
86%
Communicating with Supervisors, Peers, or Subordinates
82%
Communicating with People Outside the Organization
79%
Making Decisions and Solving Problems
78%
Thinking Creatively
78%
Organizing, Planning, and Prioritizing Work
70%
Estimating the Quantifiable Characteristics of Products, Events, or Information
70%
Training and Teaching Others
69%
Identifying Objects, Actions, and Events
68%
Providing Consultation and Advice to Others
64%
Documenting/Recording Information
63%
Establishing and Maintaining Interpersonal Relationships
61%
Developing Objectives and Strategies
60%
Coaching and Developing Others
58%
Judging the Qualities of Objects, Services, or People
56%
Evaluating Information to Determine Compliance with Standards
55%
Guiding, Directing, and Motivating Subordinates
51%
Scheduling Work and Activities
48%
Developing and Building Teams
47%
Coordinating the Work and Activities of Others
44%
Resolving Conflicts and Negotiating with Others
40%
Selling or Influencing Others
40%
Monitoring Processes, Materials, or Surroundings
40%
Performing Administrative Activities
38%
Performing for or Working Directly with the Public
35%
Monitoring and Controlling Resources
27%
Staffing Organizational Units
27%
Assisting and Caring for Others
18%
Inspecting Equipment, Structures, or Materials
7%
Repairing and Maintaining Electronic Equipment
5%
Controlling Machines and Processes
3%
Drafting, Laying Out, and Specifying Technical Devices, Parts, and Equipment
3%
Handling and Moving Objects
2%
Performing General Physical Activities
2%
Repairing and Maintaining Mechanical Equipment
1%
Operating Vehicles, Mechanized Devices, or Equipment
0%

Work Context

E-Mail

How frequently does your job require you to use E-mail?

98%

Duration of Typical Work Week

Number of hours typically worked in one week.

94%

Spend Time Sitting

How much does this job require sitting?

93%

Freedom to Make Decisions

How much decision making freedom, without supervision, does the job offer?

90%

Face-to-Face Discussions with Individuals and Within Teams

How frequently does your job require face-to-face discussions with individuals and within teams?

86%

Telephone Conversations

How often do you have telephone conversations in this job?

86%

Indoors, Environmentally Controlled

How often does this job require working indoors in an environmentally controlled environment (like a warehouse with air conditioning)?

81%

Determine Tasks, Priorities and Goals

How much freedom does the worker have in determining the tasks, priorities, or goals of the job?

80%

Importance of Being Exact or Accurate

How important is being very exact or highly accurate in performing this job?

77%

Level of Competition

To what extent does this job require the worker to compete or to be aware of competitive pressures?

72%

Work With or Contribute to a Work Group or Team

How important is it to work with or contribute to a work group or team in this job?

70%

Written Letters and Memos

How frequently does your job require written letters and memos?

70%

Time Pressure

How often does this job require the worker to meet strict deadlines?

66%

Frequency of Decision Making

How often is the worker required to make decisions that affect other people, the financial resources, and/or the image and reputation of the organization?

64%

Contact With Others

How much does this job require the worker to be in contact with others (face-to-face, by telephone, or otherwise) in order to perform it?

63%

Impact of Decisions on Co-workers or Company Results

What results do your decisions usually have on other people or the image or reputation or financial resources of your employer?

62%

Work Outcomes and Results of Other Workers

How responsible is the worker for work outcomes and results of other workers?

60%

Coordinate or Lead Others in Accomplishing Work Activities

How important is it to coordinate or lead others (not as a supervisor or team leader) in accomplishing work activities in this job?

55%

Public Speaking

How frequently does your job require public speaking (one speaker with an audience)?

51%

Deal With External Customers or the Public in General

How important is it to deal with external customers (as in retail sales) or the public in general (as in police work) in this job?

45%

Physical Proximity

To what extent does this job require the worker to perform job tasks physically close to other people?

38%

Consequence of Error

How serious would the result usually be if the worker made a mistake that was not easily correctable?

33%

Conflict Situations

How frequently are there conflict situations the employee has to face in this job?

31%

Importance of Repeating Same Tasks

How important are continuous, repetitive, physical activities (like key entry) or mental activities (like checking entries in a ledger) to performing this job?

31%

Degree of Automation

How automated is the job?

23%

Spend Time Standing

How much does this job require standing?

23%

Dealing With Unpleasant, Angry, or Discourteous People

How frequently does the worker have to deal with unpleasant, angry, or discourteous individuals as part of the job requirements?

21%

Exposed to Sounds, Noise Levels that are Distracting or Uncomfortable

How often does this job require working exposed to sounds and noise levels that are distracting or uncomfortable?

20%

Health and Safety of Other Workers

How much responsibility is there for the health and safety of others in this job?

20%

Spend Time Using Your Hands to Handle, Control, or Feel Objects, Tools, or Controls

How much does this job require using your hands to handle, control, or feel objects, tools or controls?

14%

Spend Time Making Repetitive Motions

How much does this job require making repetitive motions?

12%

In an Enclosed Vehicle or Operate Enclosed Equipment

How often does this job require working in a closed vehicle or operate enclosed equipment (like a car)?

10%

Spend Time Walking or Running

How much does this job require walking or running?

8%

Work Schedules

How regular are the work schedules for this job?

6%

Dealing with Violent or Physically Aggressive People

How frequently does this job require the worker to deal with physical aggression of violent individuals?

3%

Exposed to Disease or Infections

How often does this job require exposure to disease/infections?

3%

Exposed to Extremely Bright or Inadequate Lighting Conditions

How often does this job require working in extremely bright or inadequate lighting conditions?

3%

Outdoors, Under Cover

How often does this job require working outdoors, under cover (like in an open shed)?

3%

Exposed to Contaminants

How often does this job require working exposed to contaminants (such as pollutants, gases, dust or odors)?

2%

Indoors, Not Environmentally Controlled

How often does this job require working in an environment that is not environmentally controlled (like a warehouse without air conditioning)?

2%

Outdoors, Exposed to All Weather Conditions

How often does this job require working outdoors, exposed to all weather conditions?

2%

Exposed to Minor Burns, Cuts, Bites, or Stings

How often does this job require exposure to minor burns, cuts, bites, or stings?

1%

Exposed to Very Hot or Cold Temperatures

How often does this job require working in very hot (above 90 F degrees) or very cold (below 32 F degrees) temperatures?

1%

In an Open Vehicle or Operating Equipment

How often does this job require working in an open vehicle or operating equipment (like a tractor)?

1%

Spend Time Bending or Twisting Your Body

How much does this job require bending or twisting your body?

1%

Wear Common Protective or Safety Equipment such as Safety Shoes, Glasses, Gloves, Hearing Protection, Hard Hats, or Life Jackets

How often does this job require wearing common protective or safety equipment such as safety shoes, glasses, gloves, hearing protection, hard hats or life-jackets?

1%

Wear Specialized Protective or Safety Equipment such as Breathing Apparatus, Safety Harness, Full Protection Suits, or Radiation Protection

How often does this job require wearing specialized protective or safety equipment such as breathing apparatus, safety harness, full protection suits, or radiation protection?

1%

Exposed to Cramped Work Space, Awkward Positions

How often does this job require working in cramped work spaces that requires getting into awkward positions?

0%

Exposed to Hazardous Conditions

How often does this job require exposure to hazardous conditions?

0%

Exposed to Hazardous Equipment

How often does this job require exposure to hazardous equipment?

0%

Exposed to High Places

How often does this job require exposure to high places?

0%

Exposed to Radiation

How often does this job require exposure to radiation?

0%

Exposed to Whole Body Vibration

How often does this job require exposure to whole body vibration (like operating a jackhammer or earth moving equipment)?

0%

Pace Determined by Speed of Equipment

How important is it to this job that the pace is determined by the speed of equipment or machinery? (This does not refer to keeping busy at all times on this job.)

0%

Spend Time Climbing Ladders, Scaffolds, or Poles

How much does this job require climbing ladders, scaffolds, poles, etc.?

0%

Spend Time Keeping or Regaining Balance

How much does this job require keeping or regaining your balance?

0%

Spend Time Kneeling, Crouching, Stooping, or Crawling

How much does this job require kneeling, crouching, stooping or crawling?

0%

Education

Master's degree

50%

Doctoral degree

25%

Bachelor's degree

21%

Interests

Investigative

Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the f

100

Conventional

Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or hum

56

Enterprising

Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertis

47

Artistic

Work involves creating original visual artwork, performances, written works, food, or music for a variety of media, or applying artistic principles to the design of various objects and materials. Artistic occupations are often associated with visual arts,

25

Social

Work involves helping, teaching, advising, assisting, or providing service to others. Social occupations are often associated with social, health care, personal service, teaching/education, or religious activities.

20

Realistic

Work involves designing, building, or repairing of equipment, materials, or structures, engaging in physical activity, or working outdoors. Realistic occupations are often associated with engineering, mechanics and electronics, construction, woodworking, t

9

Work Styles

Intellectual Curiosity
100%
Attention to Detail
84%
Achievement Orientation
72%
Dependability
71%
Integrity
71%
Innovation
63%
Tolerance for Ambiguity
63%
Cautiousness
59%
Self-Confidence
57%
Perseverance
53%
Initiative
51%
Adaptability
48%
Stress Tolerance
45%
Leadership Orientation
41%
Self-Control
40%
Cooperation
29%
Social Orientation
20%
Sincerity
18%
Empathy
12%
Optimism
7%

Work Values

Working Conditions
78%
Independence
72%
Achievement
67%
Recognition
67%
Support
39%
Relationships
22%

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