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.

Economists study, report on and make plans to solve economic problems relating to trade and fiscal policy, often drawing on statistical data and analysis techniques. According to the Bureau of Labor Statistics, they are heavily employed by local, state, and federal governments; the management, scientific, and technical consulting industries; and the scientific research and development industry.

In 2012, U.S. economists earned national median wages of $44.16 per hour, or $91,900 per year, in a growing job market. In 2010, 15,400 economists were employed in the U.S., a figure set to rise to 16,400 by 2020, in a 6% increase creating 580 new jobs. Demand for economists in North Carolina is on the rise, with an 8% increase in economics jobs predicted between 2010 and 2020. A glance at the many jobs currently available at both the national and local levels reveals a career path rich with opportunity.

If you are interested in a career in economics, NC State, with one of the oldest and most respected statistics programs in the nation, can help. Most economics jobs require a master’s degree, and some require a PhD. At NC State, you can earn your MS in Statistics online, augmenting it with a new online Certificate in Applied Statistics or Statistics Education, or pursue your PhD on campus, where we also offer a BS in Statistics.

Education Required:

Highest level of education associated with this occupation.

#Education Level%
0Bachelor's Degree8
1Master's Degree29
2Doctoral Degree58

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