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.
Environmental Economists with little to no experience tend to make between $58130 and $77270 while the more experienced ones can earn over $141780 per year.
|Top 5 paying states||Hourly||Annual|
One of the easiest ways to increase your salary as an Environmental Economist is to move to a higher paying state like DC. Right now, the highest paying states for Environmental Economists are DC, NY, VA, OH and CA.
However, a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.
Three 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.
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 a 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.
|Econometrics and Quantitative Economics|
Pros and Cons
Here are some of the pros and cons of being an Environmental Economist.
|Suitable for people who likes to solve problems mentally|
|Suitable for people who values achievements and are results-oriented|
|This career is perfect for people who love to work indoors.|
|One of the highest paid careers in the world|
|Not suitable for people who likes practical and hands-on 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)|
What is the job like
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.
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.
measure, record, or evaluate geological data, using sonic, electronic, electrical, seismic, or gravity-measuring instruments to prospect for oil or gas. May collect or evaluate core samples or cuttings.
apply principles and processes of natural ecosystems to develop models for efficient industrial systems. Use knowledge from the physical and social sciences to maximize effective use of natural resources in the production and use of goods and services. Examine societal issues and their relationship with both technical systems and the environment.
conduct research using bioinformatics theory and methods in areas such as pharmaceuticals, medical technology, biotechnology, computational biology, proteomics, computer information science, biology and medical informatics. May design databases and develop algorithms for processing and analyzing genomic information, or other biological information.
conduct tests to determine quality of raw materials, bulk intermediate and finished products. May conduct stability sample tests.
Related 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, careers in Social Science and Humanities
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