Will “Economic Developer” 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
• Forensic Economist
• 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
• Fiscal Economist
• Financial Economist
• Environmental Economist
• Economic Research Analyst
• Economic Development Specialist
• Economic Adviser
• Econometrician
• Business Economist
• Agricultural Economist

Tasks for “Economic Developer”

• Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
• Supervise research projects and students' study projects.
• 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.
• Teach theories, principles, and methods of economics.
• Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.
• 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.
• Develop economic guidelines and standards and prepare points of view used in forecasting trends and formulating economic policy.
• 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.
• 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.

Related Technology & Tools

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

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