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Automation Risk Analysis

Will “Health Economist” be Automated?

Historical Context: Oxford Study (2013)

Ranked #282 of 702. Estimated risk: 43.0%

Directly assessed by researchers as unlikely to be automatable
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AI Exposure Risk

63%

“Health Economist” will maybe be replaced by AI.

Based on the cognitive demands, communication requirements, and logical reasoning intrinsic to this occupation according to O*NET data, we project a 63% probability of disruption by generative AI and Large Language Models.

Automation & Robot Risk

15%

“Health Economist” will almost certainly not be replaced by robots.

Evaluating the physical dexterity, repetitive motion tasks, and manual labor associated with this role, our analysis indicates a 15% likelihood of substitution by advanced robotics systems.

Personal & Financial Insights

Every occupation has a unique profile. For Economists, the Bureau of Labor Statistics and O*NET classify the day-to-day work broadly as: 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.

Avg. Annual Salary $130,910
Avg. Hourly Wage $62.94
Available Jobs (US) 15,880
Job Title & Hierarchy Code (SOC) Economists #19-3011
Wage vs. National Median
ℹ️

Data is based on the reference occupation: “Economists”

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Core Skills & Abilities

  • Develop economic guidelines and standards, and prepare points of view used in forecasting trends and formulating economic policy.

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

  • Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.

  • Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.

  • Review documents written by others.

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

  • Forecast production and consumption of renewable resources and supply, consumption, and depletion of non-renewable resources.

  • Supervise research projects and students' study projects.

  • Explain economic impact of policies to the public.

  • 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.

  • Teach theories, principles, and methods of economics.

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

  • Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.

  • Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.

Technologies & Software

  • Formula translation/translator FORTRAN
  • Wolfram Research Mathematica
  • Tableau
  • ESRI ArcView
  • Kimi (Moonshot AI)
  • IBM SPSS Statistics
  • Mathsoft Mathcad
  • Palisade @Risk
  • Microsoft Visual Basic for Applications VBA
  • Minitab
  • Corel QuattroPro
  • Microsoft Outlook
  • Global Insight AREMOS
  • Microsoft Office software
  • Scite AI
  • MacKichan Software Scientific Notebook
  • Web browser software
  • Oracle Java
  • Perplexity AI
  • SAS
  • DeepSeek
  • UNIX Shell
  • Qwen (Alibaba)
  • Gemini for Workspace
  • Microsoft SQL Server
  • Corel WordPerfect Office Suite
  • Microsoft PowerPoint
  • MySQL
  • Aptech Systems GAUSS
  • Statistical software
  • Mistral AI (chat/models)
  • Estima Regression Analysis of Time Series RATS
  • TreeAge Software TreeAge Pro
  • Econometric Software LIMDEP
  • Quantitative Micro Software EViews
  • Microsoft Excel
  • Nova (Amazon)
  • Mozilla Firefox
  • IBM Lotus 1-2-3
  • Camfit Data Limited Microfit
  • R
  • Maplesoft Maple
  • NotebookLM (Google)
  • Llama (Meta)
  • StataCorp Stata
  • Insightful S-PLUS
  • Structured query language SQL
  • Timberlake Consultants OxMetrics
  • MediaWiki
  • Grok (xAI)
  • Estimates Delivery System EDS
  • Python
  • Gemini (Google)
  • Microsoft Visual Basic
  • The MathWorks MATLAB
  • Teradata Database
  • C++
  • UNIX
  • Microsoft Access
  • Microsoft Internet Explorer
  • Semantic Scholar AI
  • ChatGPT (OpenAI)
  • LaTeX
  • Mistral (Mistral AI)
  • Claude (Anthropic)
  • Consensus
  • Microsoft Power BI
  • Microsoft Visual C# .NET
  • Elicit
  • Microsoft Word
  • Data scanners
  • Desktop computers
  • Laptop computers
  • Maintrame computers
  • 10-key calculators
  • Personal computers