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.
Salary, Job Description, How To Become One, and More
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.
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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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.
How we can help
Start your journey to be an Environmental Economist
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conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.
prepare studies for proposed transportation projects. Gather, compile, and analyze data. Study the use and operation of transportation systems. Develop transportation models or simulations.
assist biological and medical scientists in laboratories. Set up, operate, and maintain laboratory instruments and equipment, monitor experiments, make observations, and calculate and record results. May analyze organic substances, such as blood, food, and drugs.
compile data from various sources, such as maps, reports, and field and file investigations, for use by city planner in making planning studies.
provide technical assistance regarding the conservation of soil, water, forests, or related natural resources. May compile data pertaining to size, content, condition, and other characteristics of forest tracts, under the direction of foresters; or train and lead forest workers in forest propagation, fire prevention and suppression. May assist conservation scientists in managing, improving, and protecting rangelands and wildlife habitats.
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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