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Environmental Economists
Other names for this job might include Agricultural Economist, Ecological Economist, Economist, Energy Economist, Environmental Economist, Environmental Protection Economist, Marine Resource Economist, Natural Resource Economist, Principal Associate, Principal Research Economist
- $109230Salary
- 69%Job satisfaction
- HardBecoming one
- HighJob growth
B+
Environmental Economists: Know It All In 1 Minute
Table of Contents
2. Salary
3. Requirements
4. Pros and Cons
5. What Is The Job Like
6. Is This Right For Me
7. Related Careers
In this career summary, you will find out what the job of An Environmental Economist is about and what it is like.
After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.
Job description
Environmental Economists 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.
- Write technical documents or academic articles to communicate study results or economic forecasts.
- 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.
- Assess the costs and benefits of various activities, policies, or regulations that affect the environment or natural resource stocks.
- Collect and analyze data to compare the environmental implications of economic policy or practice alternatives.
Become one
Interested in becoming An Environmental Economist? Find the right schools that can help you to become one. This service is free thanks to our sponsors.
Salary
Environmental Economists with little to no experience tend to make between $52540 and $70870 while the more experienced ones make over $134080 per year.
| Top 5 paying states | Hourly | Annual |
|---|---|---|
| IN | $86.16 | $179220 |
| DC | $59.27 | $123290 |
| VA | $59.01 | $122740 |
| NY | $58.79 | $122290 |
| TX | $57.85 | $120330 |
1 of the easiest ways to increase your salary as An Environmental Economist is to move to a higher paying state like IN. Right now, the highest paying states for Environmental Economists are IN, DC, VA, NY and TX.
However a higher pay at IN doesn’t guarantee that you will make more because the living expenses at IN might be 2x higher than where you are currently at now.
3 other factors that can increase your salary as An Environmental Economist is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).
Requirements
We asked other Environmental Economists what degree they had when they got the job and most of them said they had a PhD followed by Master’s degree.
Other than that we also asked them what did they major in and here are the most popular majors that came up.
| Agricultural Economics |
| Financial Mathematics |
| Economics, General |
| Applied Economics |
| Econometrics and Quantitative Economics |
Another popular question from our readers is what makes An Environmental Economist successful or would they be good in this career.
Well, we found that most successful Environmental Economists have these 5 skillsets.
| Reading Comprehension |
| Writing |
| Critical Thinking |
| Active Listening |
| Judgment and Decision Making |
In addition to that, 1 common characteristic among successful Environmental Economists is they are good at Analytical Thinking. Here are the top 5 common characteristics.
| Analytical Thinking |
| Integrity |
| Persistence |
| Initiative |
| Independence |
Pros and Cons
Here are some reasons why you should and shouldn’t choose An Environmental Economist as your career.
| PROS |
|---|
| Suitable for people who likes to solve problems mentally |
| Suitable for people who values achievements and are resultsoriented |
| This career is perfect for people who love to work indoors. |
| One of the highest paid careers in the world |
| CONS |
|---|
| Not suitable for people who likes practical and handson work |
| It is very hard to get into this career. Extensive skill, knowledge, and experience is required for this career. |
| Long working hours (More than 40 hours per week) |
There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.
A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.
What is the job like
On a normal working week Environmental Economists work More than 40 hours per week.
69% of Environmental Economists said they were satisfied with their job and 65% said they feel like their job is making other people’s lives better.
Is this right for me
You can read more about these career personality types here.
People who are suitable for this job tends to like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.
They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.
How we can help
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Related to Environmental Economists Career Information
Environmental Economists job description, Environmental Economists salary, Environmental Economists information, what is the job of an Environmental Economist like, pros and cons about Environmental Economists, colleges and universities for Environmental Economists, is Environmental Economists the right career for me, Hard careers to get into, careers in Social Science and Humanities
Additional resources
http://www.bls.gov/OOH/life-physical-and-social-science/economists.htm
https://www.aeaweb.org/
http://www.nabe.com/