What they do
Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.
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Also called: |
Economist, Environmental Economist, Natural Resource Economist, Research Economist, Resource Economist
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Wages
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Economists* |
Vermont - 2023 |
Percentile1 | Hourly | Yearly |
10% |
$ 21.42 |
$44,550 |
25% |
$ 21.42 |
$44,550 |
Median |
$ 37.97 |
$78,980 |
75% |
$ 48.44 |
$100,750 |
90% |
$ 56.49 |
$117,500 |
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Average |
$ 38.12 |
$79,290 |
* You're seeing information for "Economists" because it includes "Environmental Economists" for which wage information is not available. |
1 What are Percentile Wages? |
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Industries of Employment
Economists* |
United States - 2020 |
Industry | Percent of total |
- Professional, scientific, and technical services
| 35% |
- Federal government, excluding postal service
| 26% |
- State government, excluding education and hospitals
| 11% |
- Local government, excluding education and hospitals
| 7% |
- Religious, grantmaking, civic, professional, and similar organizations
| 6% |
* You're seeing information for "Economists" because it includes "Environmental Economists" for which industries of employment information is not available. |
More at BLS |
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Knowledge
People in this career often know a lot about: |
- Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
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- Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
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- English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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- Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
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- Education and Training
Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
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Skills
People in this career often have these skills: |
- Writing
Communicating effectively in writing as appropriate for the needs of the audience.
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- Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
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- Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
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- Mathematics
Using mathematics to solve problems.
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- Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
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Interests
People in this career often prefer these work environments: |
- Investigative
Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the fields of humanities, mathematics/statistics, information technology, or health care service.
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- Enterprising
Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.
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- Conventional
Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
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What are your interests? Take the O*NET Interest Profiler |
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Work Styles
People in this career will do well at jobs that need: |
- Analytical Thinking
Job requires analyzing information and using logic to address work-related issues and problems.
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- Achievement/Effort
Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.
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- Attention to Detail
Job requires being careful about detail and thorough in completing work tasks.
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- Independence
Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
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- Integrity
Job requires being honest and ethical.
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Tasks
On the job, you would: |
- Write technical documents or academic articles to communicate study results or economic forecasts.
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- Conduct research on economic and environmental topics, such as alternative fuel use, public and private land use, soil conservation, air and water pollution control, and endangered species protection.
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- Collect and analyze data to compare the environmental implications of economic policy or practice alternatives.
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- Assess the costs and benefits of various activities, policies, or regulations that affect the environment or natural resource stocks.
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- Prepare and deliver presentations to communicate economic and environmental study results, to present policy recommendations, or to raise awareness of environmental consequences.
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More at O*NET |
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Related Occupations
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Career Video
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Projected Employment
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Economists* |
Vermont |
2020 employment |
40 |
2030 employment |
49 |
Annual percent change (compounded) |
2.1% |
Annual projected job openings (due to change and separations) |
4 |
* You're seeing information for "Economists" because it includes "Environmental Economists" for which projected employment information is not available. |
More at Occupational Projections |
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Education and Experience:
Economists* |
- Typical education needed for entry
Master's degree
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- Work experience in a related occupation
None
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- Typical on-the-job training needed to attain competency
None
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* You're seeing information for "Economists" because it includes "Environmental Economists" for which education and experience information is not available. |
Based on BLS Education and Training Classifications |
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Physical Work Activity
Performing physical activities that require considerable use of your arms and legs and moving your whole body, such as climbing, lifting, balancing, walking, stooping, and handling materials. |
- Physical activity is Seldom Important
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- Level of activity is Very Low
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Low | | High |
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Compare Occupations at O*NET |
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Job Zone
Extensive Preparation Needed |
- Specific Vocational Preparation Range
(8.0 and above) - A typical worker will require
over 4 years up to and including 10 years or more
of training to achieve average performance in this occupation.
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Based on O*Net Job Zones and SVP |
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Education Level
How much education do most people in this career have? |
Education level | | Percent of U.S. Workers |
Doctoral or professional degree or post-MA certificate | | 48% |
Master's degree or post-BA certificate | | 41% |
Bachelor's degree | | 11% |
Associate's degree | | 0% |
Certificate or some college, no degree | | 0% |
High school diploma or equivalent | | 0% |
Less than high school diploma | | 0% |
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Abilities
People in this career often have talent in: |
- Written Comprehension
The ability to read and understand information and ideas presented in writing.
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- Mathematical Reasoning
The ability to choose the right mathematical methods or formulas to solve a problem.
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- Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
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- Oral Expression
The ability to communicate information and ideas in speaking so others will understand.
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- Written Expression
The ability to communicate information and ideas in writing so others will understand.
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Work Activities
In general, what you might do: |
- Analyzing Data or Information
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
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- Getting Information
Observing, receiving, and otherwise obtaining information from all relevant sources.
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- Working with Computers
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
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- Processing Information
Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
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- Updating and Using Relevant Knowledge
Keeping up-to-date technically and applying new knowledge to your job.
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More at O*NET |
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Detailed Work Activities
What you might do in a day: |
- Forecast economic, political, or social trends.
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- Research impacts of environmental conservation initiatives.
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- Appraise environmental impact of regulations or policies.
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- Collect environmental data or samples.
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- Develop environmental sustainability plans or projects.
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More at O*NET |
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Other Resources
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- CareerOneStop
resource for job seekers, students, businessess and career professionals
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- O*NET Online
nation's primary source of occupational information
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