Connecticut Job & Career ConneCTion

Connecticut Labor Market Information Home

Occupation Profile



Quick Index


5 Steps


	Find an Occupation that is Right for You

	Learn About an Occupation

	Search for Education & Training

	Search for Jobs & Employers

	Job Seeker Resources

Printer Friendly Version

ECONOMISTS

Occupation 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. Excludes �Market Research Analysts and Marketing Specialists� (13-1161).

Career Video:

Economists

Specialized Occupations:

Environmental Economists (ONET code: 19-3011.01)


	Occupation Description:

	Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.


	Typical Tasks:

	Write technical documents or academic articles to communicate study results or economic forecasts. Conduct research on economic and environmental topics, such as alternative fuel use, public and private land use, soil conservation, air and water pollution control, and endangered species protection. Collect and analyze data to compare the environmental implications of economic policy or practice alternatives. Assess the costs and benefits of various activities, policies, or regulations that affect the environment or natural resource stocks. Prepare and deliver presentations to communicate economic and environmental study results, to present policy recommendations, or to raise awareness of environmental consequences. Develop programs or policy recommendations to achieve environmental goals in cost-effective ways. Develop economic models, forecasts, or scenarios to predict future economic and environmental outcomes.


	Knowledge:

	Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.. Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.. English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.. Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.. Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.. Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.. Geography - Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life..

Typical Tasks:

Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
Conduct research on economic issues and disseminate research findings through technical reports or scientific articles in journals.
Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
Supervise research projects and students' study projects.
Teach theories, principles, and methods of economics.
Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.

Knowledge:

Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications..
Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications..
Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data..
Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data..
English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar..
English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar..
Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming..

Search for Jobs on CareerOneStop:

	Search for Economists Jobs
	Search for Environmental Economists Jobs

(Please note that some searches may not produce any results.)

Education & Training:

Master's degree

View Related Programs on Connecticut's Education & Training ConneCTion site

Wage Information:

Region	Average Annual	Average Hourly	Entry Level (hourly)	Mid-Range (hourly)
Statewide	$126,880.00	$61.00	$39.53	$43.25 - $68.25
Bridgeport/Stamford	$163,329.00	$78.52	$53.57	$66.91 - $84.12
Hartford	$117,258.00	$56.37	$38.25	$42.57 - $64.33
New London/Norwich	$124,851.00	$60.02	$38.98	$48.03 - $78.11

Not sure which Region applies to you?
Select a town to see its region highlighted in the table above:

Occupation Outlook:

Region	Employment		Average Annual Growth Rate	Average Annual Job Openings
Region	2022	2032	Average Annual Growth Rate	Average Annual Job Openings
State of Connecticut	150	160	0%	10

Chart of Growth Rate and Annual Openings

Employment in this occupation is expected to grow more slowly than average, and the number of annual openings will offer limited job opportunities.

Key:

N/A = Not Applicable, ***** = Over $60.00 per hour, ##### = Over $124,821

Similar Occupations:

State of Connecticut Department of Labor - Office of Research, 200 Folly Brook Boulevard, Wethersfield, CT 06109