Job Opportunities for Economists

Economists apply economic analysis to research and analyze economic issues. This involves the analysis of data using various statistical techniques and may involve conducting cost-benefit analyses, interpreting and creating forecasts, or conducting economic impact analyses. Frequently, policy recommendations are derived from the economic analysis.

The median annual salary for economists reported by the U.S. Bureau of Labor Statistics in May 2016 was $101,050. The middle 50 percent earned between $53,650 and $96,240. The average annual salary for economists employed by the Federal Government was $111,310 in 2016.

Below are the projected highest-paid business majors (starting salaries) at the master's degree level for 2017 according to the National Association of Colleges and Employees:

  • Marketing: $86,318
  • Business Administration/Management: $81,685
  • Management Information Systems: $75,433
  • Economics: $73,665
  • Human Resources: $73, 212
  • Finance: $70,957
  • International Business: $69,964
  • Logistics/Supply Chain: $68,445
  • Accounting: $67,369

Job Opportunities for Economists