Will “Economic Development Specialist” 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 Developer
• Economic Adviser
• Econometrician
• Business Economist
• Agricultural Economist

Tasks for “Economic Development Specialist”

• Provide litigation support, such as writing reports for expert testimony or testifying as an expert witness.
• Teach theories, principles, and methods of economics.
• Develop economic guidelines and standards and prepare points of view used in forecasting trends and formulating economic policy.
• 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.
• 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.
• Conduct research on economic issues and disseminate research findings through technical reports or scientific articles in journals.
• 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.
• Supervise research projects and students' study projects.
• 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.

Related Technology & Tools

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

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