Occupations/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.

Beyond a bachelor’s

Usually a graduate or professional degree.

AI automation risk

66%

Higher automation risk

Human characteristics

28%

Fewer uniquely human demands

Task orientation

21%

More resilient

A day in this job

  • Mostly human

    Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

  • Task

    Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.

  • Task

    Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.

The tasks we can read here lean on people, judgment, or hands-on work. The AI risk number is still this job’s rank against other occupations.

Core tasks

  1. 01Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
  2. 02Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
  3. 03Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
  4. 04Explain economic impact of policies to the public.
  5. 05Review documents written by others.
  6. 06Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

Model drivers (O*NET 1–5)

  • Repeating same tasks2.25
  • Degree of automation1.92
  • Time sitting4.71
  • Originality (ability)3.12
  • Conflict situations2.25
  • Hands-on objects/tools1.54
  • Outdoors / weather1.08
  • Disease exposure1.13
  • Decision freedom4.61

Top abilities

  • Written Comprehension4.12
  • Mathematical Reasoning4.12
  • Inductive Reasoning4.12
  • Written Expression4.00
  • Speech Clarity4.00
  • Oral Expression4.00
  • Oral Comprehension4.00
  • Deductive Reasoning4.00

Essential skills

  • Reading Comprehension4.12
  • Active Listening4.00
  • Writing4.00
  • Speaking4.00
  • Mathematics4.12
  • Science1.88
  • Critical Thinking4.12
  • Active Learning3.75
  • Learning Strategies3.12
  • Monitoring3.12

CIP matches

01.0103Agricultural Economics03.0204Environmental/Natural Resource Economics27.0305Financial Mathematics30.3901Economics and Computer Science30.4001Economics and Foreign Language/Literature30.4901Mathematical Economics30.5101Philosophy, Politics, and Economics45.0601Economics, General45.0602Applied Economics45.0603Econometrics and Quantitative Economics45.0604Development Economics and International Development45.0605International Economics45.0699Economics, Other45.1004Political Economy51.2007Pharmacoeconomics/Pharmaceutical Economics52.0601Business/Managerial Economics

Schools offering related programs

12 of 90 shown

Earnings are College Scorecard medians for that program, 1 and 2 years after completion. A dash means the Department suppressed the cell or the campus is not in the field file.

InstitutionProgramTuitionAdmitGrad 6-yrEarnings

New York University

New York, NY · Private nonprofit

Financial Mathematics

27.0305

$60,40012%88%

1 yr $122,038

2 yr $98,743

Master's · CIP 27.03

University of California-San Diego

La Jolla, CA · Public

Financial Mathematics

27.0305

$15,20024%87%

1 yr $117,572

2 yr $117,572

Master's · CIP 27.03

Massachusetts Institute of Technology

Cambridge, MA · Private nonprofit

Financial Mathematics

27.0305

$60,1004%96%

1 yr $104,749

2 yr $90,856

Bachelor's · CIP 27.03

Stanford University

Stanford, CA · Private nonprofit

Financial Mathematics

27.0305

$62,4004%96%

1 yr —

2 yr $97,071

Bachelor's · CIP 27.03

Boston University

Boston, MA · Private nonprofit

Financial Mathematics

27.0305

$65,20014%89%

1 yr —

2 yr $97,071

Master's · CIP 27.03

Columbia University in the City of New York

New York, NY · Private nonprofit

Financial Mathematics

27.0305

$68,2004%96%

1 yr $91,744

2 yr $84,653

Bachelor's · CIP 27.03

Arizona State University Campus Immersion

Tempe, AZ · Public

Agricultural Economics

01.0103

$12,00090%69%

1 yr $83,177

2 yr —

Master's · CIP 01.01

Georgia Institute of Technology-Main Campus

Atlanta, GA · Public

Financial Mathematics

27.0305

$11,80017%91%

1 yr $74,576

2 yr $47,260

Bachelor's · CIP 27.03

Georgetown University

Washington, DC · Private nonprofit

Economics, General

45.0601

$65,40012%95%

1 yr $72,587

2 yr $70,596

Master's · CIP 45.06

University of North Carolina at Chapel Hill

Chapel Hill, NC · Public

Financial Mathematics

27.0305

$9,00017%91%

1 yr $68,666

2 yr $67,660

Bachelor's · CIP 27.03

City Colleges of Chicago-Wilbur Wright College

Chicago, IL · Public

Financial Mathematics

27.0305

$4,600100%27%

1 yr $67,660

2 yr —

Bachelor's · CIP 27.03

University of Wisconsin-Madison

Madison, WI · Public

Agricultural Economics

01.0103

$11,20049%89%

1 yr $64,493

2 yr —

Master's · CIP 01.01