Will “Forensic Economist” be Replaced By Robots? 🤔

Job 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.

Job Details

• The SOC (Standard Occupational Classification) code is 19-3011.00
• The Mean Annual Wage in the U.S. is $ 112,860.00
• The Mean Hourly Wage is $ 54.00
• Currently, there are 19,380 people on this job

☝️ Information based on the reference occupation “Economists”.

Also Known As…

• Economists
• Research Analyst
• Project Economist
• Professor of Economics
• Professor
• Health Researcher
• Economist
• Economic Consultant
• Economic Analyst
• Economic Analysis Director
• Trade Economist
• Tax Economist
• Social Economist
• Revenue Research Analyst
• Regional Economist
• Price Economist
• Policy Officer
• Policy Analyst
• Policy Advisor
• Medical Economics Consultant
• Labor Economist
• International Trade Specialist
• Industrial Economist
• Health Economist
• Forest Economist
• Forensic Economist
• Fiscal Economist
• Financial Economist
• Environmental Economist
• Economic Research Analyst
• Economic Development Specialist
• Economic Developer
• Economic Adviser
• Econometrician
• Business Economist
• Agricultural Economist

Tasks for “Forensic Economist”

• Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
• 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.
• Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
• Teach theories, principles, and methods of economics.
• Forecast production and consumption of renewable resources and supply, consumption, and depletion of non-renewable resources.
• 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.
• Conduct research on economic issues and disseminate research findings through technical reports or scientific articles in journals.
• Supervise research projects and students' study projects.
• Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.
• Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
• Develop economic guidelines and standards and prepare points of view used in forecasting trends and formulating economic policy.

Related Technology & Tools

• Desktop computers
• Personal computers
• Data scanners
• Laptop computers
• 10-key calculators
• Maintrame computers

• Quantitative Micro Software EViews
• C++
• Web browser software
• Microsoft Visual Basic
• Microsoft Word
• Microsoft Office
• Insightful S-PLUS
• Econometric Software LIMDEP
• Minitab
• Microsoft Outlook
• Mozilla Firefox
• Microsoft Visual C# .NET
• SPSS
• Global Insight AREMOS
• Palisade @Risk
• Corel WordPerfect Office Suite
• Aptech Systems GAUSS
• Microsoft Access
• Estima Regression Analysis of Time Series RATS
• Microsoft Internet Explorer
• Wolfram Research Mathematica
• SAS
• Timberlake Consultants OxMetrics
• Formula translation/translator FORTRAN
• Corel QuattroPro
• Python
• StataCorp Stata
• Microsoft PowerPoint
• The MathWorks MATLAB
• Structured query language SQL
• MediaWiki
• LaTeX
• UNIX
• Camfit Data Limited Microfit
• Microsoft Excel
• MySQL
• Maplesoft Maple
• IBM Lotus 1-2-3
• Mathsoft Mathcad
• Oracle Java
• Estimates Delivery System EDS
• R
• TreeAge Software TreeAge Pro
• MacKichan Software Scientific Notebook
• ESRI ArcView