Will “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
• 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 Developer
• Economic Adviser
• Econometrician
• Business Economist
• Agricultural Economist

Tasks for “Economist”

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

Related Technology & Tools

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

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