Environmental Economists

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About the Job

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.

It is also Called

  • Senior Economist
  • Resource Economist
  • Principal Research Economist
  • Principal Associate
  • Natural Resource Economist
  • Marine Resource Economist
  • Environmental Protection Economist
  • Environmental Economist
  • Energy Economist
  • Economist
show all

What They Do

  • Identify and recommend environmentally friendly business practices.
  • Interpret indicators to ascertain the overall health of an environment.
  • Monitor or analyze market and environmental trends.
  • Examine the exhaustibility of natural resources or the long-term costs of environmental rehabilitation.
  • Develop systems for collecting, analyzing, and interpreting environmental and economic data.
  • Demonstrate or promote the economic benefits of sound environmental regulations.
  • Develop programs or policy recommendations to promote sustainability and sustainable development.
  • Develop economic models, forecasts, or scenarios to predict future economic and environmental outcomes.
  • Develop environmental research project plans, including information on budgets, goals, deliverables, timelines, and resource requirements.
  • Write social, legal, or economic impact statements to inform decision makers for natural resource policies, standards, or programs.

Interests

People who work in this occupation generally have the interest code: CA.

This means people who work in this occupation generally have Conventional interests, but also prefer Artistic environments.

Work Values

People who work in this occupation generally prize Achievement, but also value Independence and Working Conditions in their jobs.

Things They Need to Know

  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Things They Need to Be Able to Do

  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • Mathematics - Using mathematics to solve problems.

Education Required

Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

Wages

In 2016, the average annual wage in Pennsylvania was $86,370 with most people making between $42,790 and $155,620

Outlook

0.14%
avg. annual growth

During 2014, this occupation employed approximately 730 people in Pennsylvania. It is projected that there will be 740 employed in 2024.

This occupation will have about 1 openings due to growth and about 19 replacement openings for approximately 20 total annual openings.



Pennsylvania Department of Education