Can economists work as statisticians?

Economists typically work independently in an office. However, many economists collaborate with other economists and statisticians, sometimes working on teams.

Are economists highly paid?

Economists based in North America earn, on average, almost twice as much as their colleagues in the next most lucrative markets in Western Europe & Scandinavia and East Asia & Australasia, where average salaries stand at 61,108 and 60,787 respectively, and nearly five-times those in Africa and South Asia.

Can economics graduate become statistician?

Subject Combination: No specific requirements as such but, subjects like Mathematics, Statistics, Economics, etc help in the career. Educational Qualification: There are no specific educational requirements to become a Statistician but, there are certain degree programmes that help in making big in this career.

How much do economists make?

According to the Bureau of Labor Statistics, economists in the United States earn an average of $116,020 a year, equivalent to $55.78 an hour. Economists make 123\% more than the average American worker.

Why do you want to be an economist?

Economists have great skills in logic, as well as mathematics. They are problems solvers, have a keen attention to detail, and are apt in academics. If you enjoy working with research, statistics, and find financial markets intriguing, then you might consider a career as an economist.

What is the job outlook for an economist?

Job Outlook. Employment of economists is projected to grow 14 percent from 2019 to 2029, much faster than the average for all occupations. Job prospects should be best for those with a master’s degree or Ph.D., strong analytical skills, and experience using statistical analysis software. State & Area Data

How many jobs will economists have in 2029?

Source: U.S. Bureau of Labor Statistics, Employment Projections program Employment of economists is projected to grow 14 percent from 2019 to 2029, much faster than the average for all occupations. However, because it is a small occupation, the fast growth will result in only about 2,900 new jobs over the decade.