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”

• Conduct research on economic issues and disseminate research findings through technical reports or scientific articles in journals.
• Supervise research projects and students' study projects.
• Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
• Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.
• Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.
• Forecast production and consumption of renewable resources and supply, consumption, and depletion of non-renewable resources.
• Teach theories, principles, and methods of economics.
• Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.
• 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.
• 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

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

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