Environmental Economists: Salary, Job Description, How To Be One and More

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Environmental Economists jobs information
pros and cons of being an Environmental Economist

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


  • $109230
    Salary
  • 69%
    Job satisfaction
  • Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

B+



Environmental Economists: Know It All In 1 Minute


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.

Read more about what does An Environmental Economist really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$109230 per year

Hourly wage
$52.51 an hour


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 statesHourlyAnnual
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).

Find out how much do successful Environmental Economists make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Doctoral Degree

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
= Hot in-demand that most employers are looking for

Read more about what it really takes to become An Environmental Economist and the degree, training and education you need


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

Job satisfaction
69%

Is this job meaningful
65%


Working hours
More than 40 hours per week

Working schedule
Regular (Set schedule and routine)


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

Best personality for this career
The Thinkers and The Persuaders


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.



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Career type

Social Science and Humanities
Green New & Emerging
Environment Protection
Science and Math

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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/

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Environmental Economists
Written by: Stanley Tan
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.
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