Becoming an Economist via Online Education?
At the very least, online education can help you lay a foundation and/or open up alternate career paths.
Liberty University Online, one of the highest ranking online
schools,
is a US school (accredited) offering economics courses to train individuals
to become top-notch
economists,
economics professors,
analysts,
economic analysts,
forensic economists,
economics instructors, etc.
Currently, according to the US Bureau of Labor Statistics there are 13,160 people employed as
economists alone in America, and their average annual salary is
$96,320.
Financial managers make on average $113,730
per year and there are about 495,180
of them employed today.
Colleges and universities like Liberty University Online that provide online education are successfully launching workers into
this
field.
Typical Work Locations for an Economist
- Business Offices
- Government Departments
- Schools
- Law firms
- Corporations
- Architectural Offices
- Accounting Offices
- Actuary Offices
- Administrator Offices
- Planing Offices
Potential Advantages and Benefits of Working as an Economist
- Salary benefits
- Job Security
- Better informed about the economy and what's happening
- Meet influential people
- Help make decisions to improve our economic state
- Holiday leave time
- Easier to find a job in this field right out of high school
- Use theoretical math on the daily
- Work closely with other economist
- Life insurance benefits
Potential Drawbacks
- Can be a competitive field
- Arguments between other Economist is likely
- Think to often
- It can be a boring job
- Mistakes will be made
- Large amounts of schooling
- Large amounts of hours working
- Frequently study new trends in economics
- May have to relocate for work
- Be over worked and stressed to make deadlines
Related Professions to Consider
- Executive Assistant
- Senior Construction Economist 1
- Senior Trade Economist 1
- Senior Economist
- Chief Economist (SAR)
- Real Estate Economist
- Transportation Economist /Risk Analyst
- USDOT Transportation Economist
- Financial Economist III
- Senior Trade Economist 11
Possible Interview Questions When Applying to be an Economist
- How does a website contribute to a company?
- Answers to customer focus interview questions?
- Tell us about how you demonstrated the ability to manage competing priorities and meet deadlines under supervision.?
- What are you studying in economics?
- Do you have an MBA?
- How do you motivate others to go the extra mile?
- where did you study?
- What is your work experience?
- How much money do you want to make?
- How can you use the word aspire in a sentence?
Common Collaborating Professions
- Economic Advisor
- Economics Professor
- Economic Assistant
- Tax Consultant
- IRS
- Senior Tax Advisor
- Assistant
- Executive Assistant
- Account Manager
- Accountant
Economist Training books
Economist (More) Popular books
Potential Companies to Work For
Common College Majors
- Business Administration and Management/Commerce
- Psychology
- Nursing
- Biology/Biological Sciences
- English Language and Literature
- Economics
- Communications Studies/Speech Communication and Rhetoric
- Political Science and Government
- Computer and Information Sciences
- Sociology
Economist Salary Information
Category: Financial managers
| Total # Employed in the US |
495,180 |
| Average Hourly Wage: |
$54.68/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $26.33 |
$35.35 |
$48.65 |
$66.35 |
$0.0 |
|
| Average Yearly Salary |
$113,730 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $54,760 |
$73,530 |
$101,190 |
$138,010 |
$0 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 1.0% |
12.4% |
19.5% |
7.9% |
40.0% |
17.1% |
2.1% |
|
Financial managers — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| Oklahoma |
$71.19/hr
|
$148,070
|
| District of Columbia |
$63.37/hr
|
$131,810
|
| North Dakota |
$62.74/hr
|
$130,500
|
| Colorado |
$61.59/hr
|
$128,100
|
| Missouri |
$58.83/hr
|
$122,370
|
| Florida |
$58.2/hr
|
$121,050
|
| Nebraska |
$56.28/hr
|
$117,050
|
| Connecticut |
$55.91/hr
|
$116,300
|
| Kansas |
$54.93/hr
|
$114,250
|
| Wyoming |
$54.39/hr
|
$113,120
|
| Virginia |
$54.24/hr
|
$112,810
|
| Hawaii |
$53.83/hr
|
$111,970
|
| South Carolina |
$53.1/hr
|
$110,440
|
| Delaware |
$52.86/hr
|
$109,950
|
| Oregon |
$52.46/hr
|
$109,120
|
| Idaho |
$51.87/hr
|
$107,880
|
| Puerto Rico |
$51.68/hr
|
$107,500
|
| New Hampshire |
$51.47/hr
|
$107,060
|
| New Mexico |
$50.83/hr
|
$105,730
|
| Mississippi |
$50.51/hr
|
$105,050
|
| Tennessee |
$50.51/hr
|
$105,060
|
| West Virginia |
$49.48/hr
|
$102,920
|
| Utah |
$49.24/hr
|
$102,410
|
| Kentucky |
$48.63/hr
|
$101,150
|
| Montana |
$48.18/hr
|
$100,210
|
| Alabama |
$47.94/hr
|
$99,710
|
| North Carolina |
$47.93/hr
|
$99,690
|
| Guam |
$46.23/hr
|
$96,150
|
| New York |
$45.91/hr
|
$95,490
|
| Arkansas |
$45.27/hr
|
$94,160
|
| Louisiana |
$45.26/hr
|
$94,130
|
| Washington |
$44.77/hr
|
$93,120
|
| Indiana |
$42.47/hr
|
$88,340
|
| Alaska |
$42.2/hr
|
$87,770
|
| Ohio |
$42.04/hr
|
$87,440
|
| Pennsylvania |
$41.38/hr
|
$86,060
|
| Maine |
$41.27/hr
|
$85,830
|
| South Dakota |
$39.55/hr
|
$82,260
|
| Maryland |
$39.24/hr
|
$81,620
|
| Wisconsin |
$39.15/hr
|
$81,430
|
| Michigan |
$38.7/hr
|
$80,490
|
| Massachusetts |
$38.57/hr
|
$80,220
|
| California |
$38.25/hr
|
$79,550
|
| Nevada |
$37.29/hr
|
$77,570
|
| Iowa |
$35.5/hr
|
$73,850
|
| New Jersey |
$35.04/hr
|
$72,890
|
Category: Business and financial operations occupations
| Total # Employed in the US |
6,063,670 |
| Average Hourly Wage: |
$31.68/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $16.1 |
$20.93 |
$28.32 |
$38.24 |
$50.34 |
|
| Average Yearly Salary |
$65,900 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $33,490 |
$43,530 |
$58,910 |
$79,550 |
$104,700 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| % |
% |
% |
% |
% |
% |
% |
|
Business and financial operations occupations — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| Florida |
$40.24/hr
|
$83,700
|
| Oklahoma |
$39/hr
|
$81,110
|
| Missouri |
$37.01/hr
|
$76,990
|
| Delaware |
$35.92/hr
|
$74,700
|
| North Dakota |
$34.97/hr
|
$72,730
|
| Mississippi |
$34.81/hr
|
$72,410
|
| Colorado |
$34.45/hr
|
$71,650
|
| Idaho |
$33.21/hr
|
$69,080
|
| Connecticut |
$32.67/hr
|
$67,950
|
| Kansas |
$32.17/hr
|
$66,920
|
| District of Columbia |
$31.51/hr
|
$65,540
|
| Utah |
$31.16/hr
|
$64,810
|
| Montana |
$30.97/hr
|
$64,430
|
| Wyoming |
$30.96/hr
|
$64,390
|
| Alaska |
$30.84/hr
|
$64,140
|
| Virginia |
$30.33/hr
|
$63,080
|
| Ohio |
$29.65/hr
|
$61,670
|
| Alabama |
$29.6/hr
|
$61,560
|
| South Carolina |
$29.07/hr
|
$60,470
|
| Oregon |
$28.9/hr
|
$60,110
|
| Nebraska |
$28.73/hr
|
$59,770
|
| North Carolina |
$28.68/hr
|
$59,650
|
| New York |
$28.54/hr
|
$59,370
|
| Hawaii |
$28.47/hr
|
$59,210
|
| Tennessee |
$28.42/hr
|
$59,120
|
| Puerto Rico |
$28.39/hr
|
$59,060
|
| Arkansas |
$28.28/hr
|
$58,830
|
| Kentucky |
$28.15/hr
|
$58,540
|
| Maine |
$28.06/hr
|
$58,370
|
| Indiana |
$28.03/hr
|
$58,290
|
| Wisconsin |
$27.94/hr
|
$58,100
|
| New Hampshire |
$27.85/hr
|
$57,930
|
| Guam |
$27.62/hr
|
$57,450
|
| New Mexico |
$27.4/hr
|
$56,990
|
| Washington |
$26.73/hr
|
$55,590
|
| Michigan |
$26.59/hr
|
$55,320
|
| Louisiana |
$26.34/hr
|
$54,790
|
| Iowa |
$25.87/hr
|
$53,810
|
| Maryland |
$25.7/hr
|
$53,450
|
| Massachusetts |
$25.68/hr
|
$53,420
|
| Pennsylvania |
$25.39/hr
|
$52,800
|
| California |
$25.08/hr
|
$52,170
|
| West Virginia |
$24.99/hr
|
$51,980
|
| South Dakota |
$24.87/hr
|
$51,720
|
| New Jersey |
$24.7/hr
|
$51,370
|
| Nevada |
$24.38/hr
|
$50,710
|
Category: Economists
| Total # Employed in the US |
13,160 |
| Average Hourly Wage: |
$46.31/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $21.5 |
$29.32 |
$41.79 |
$57.52 |
$73.66 |
|
| Average Yearly Salary |
$96,320 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $44,720 |
$60,990 |
$86,930 |
$119,630 |
$153,210 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 0.0% |
0.7% |
0.6% |
0.2% |
23.2% |
43.6% |
31.7% |
|
Economists — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| Florida |
$56.57/hr
|
$117,670
|
| Mississippi |
$52.93/hr
|
$110,100
|
| Kansas |
$47.45/hr
|
$98,700
|
| Oklahoma |
$47.4/hr
|
$98,590
|
| Colorado |
$46.69/hr
|
$97,100
|
| Tennessee |
$46.66/hr
|
$97,060
|
| North Dakota |
$45.81/hr
|
$95,280
|
| Hawaii |
$45.37/hr
|
$94,380
|
| Utah |
$45.03/hr
|
$93,670
|
| Wyoming |
$44.14/hr
|
$91,810
|
| Idaho |
$43.92/hr
|
$91,340
|
| Delaware |
$43.72/hr
|
$90,940
|
| Puerto Rico |
$42.36/hr
|
$88,110
|
| Alabama |
$40.85/hr
|
$84,980
|
| Montana |
$40.76/hr
|
$84,770
|
| New Hampshire |
$40.26/hr
|
$83,740
|
| Missouri |
$39.43/hr
|
$82,010
|
| Connecticut |
$38.16/hr
|
$79,370
|
| South Carolina |
$37.61/hr
|
$78,230
|
| Alaska |
$37.32/hr
|
$77,620
|
| District of Columbia |
$37/hr
|
$76,970
|
| Oregon |
$36.51/hr
|
$75,950
|
| New York |
$36.22/hr
|
$75,340
|
| Massachusetts |
$35.82/hr
|
$74,510
|
| Iowa |
$34.09/hr
|
$70,910
|
| Maine |
$33.1/hr
|
$68,850
|
| Washington |
$33.02/hr
|
$68,690
|
| Guam |
$32.42/hr
|
$67,430
|
| Michigan |
$31.46/hr
|
$65,440
|
| New Jersey |
$31.3/hr
|
$65,100
|
| Wisconsin |
$30.42/hr
|
$63,270
|
| Nebraska |
$29.43/hr
|
$61,210
|
| Louisiana |
$27.42/hr
|
$57,040
|
| South Dakota |
$27.39/hr
|
$56,970
|
| Maryland |
$27.24/hr
|
$56,650
|
| Ohio |
$25.82/hr
|
$53,700
|
| California |
$19.44/hr
|
$40,430
|
Category: Economics teachers, postsecondary
| Total # Employed in the US |
12,860 |
| Average Yearly Salary |
$89,320 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $42,820 |
$59,720 |
$81,170 |
$108,100 |
$144,750 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 0.2% |
0.7% |
2.7% |
2.3% |
15.3% |
34.6% |
44.2% |
|
Economics teachers, postsecondary — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| Alabama |
-
|
$83,470
|
| Arkansas |
-
|
$117,260
|
| California |
-
|
$62,240
|
| Colorado |
-
|
$89,130
|
| Connecticut |
-
|
$73,570
|
| Delaware |
-
|
$85,390
|
| Florida |
-
|
$87,570
|
| Hawaii |
-
|
$80,770
|
| Idaho |
-
|
$83,080
|
| Kansas |
-
|
$50,890
|
| Kentucky |
-
|
$96,650
|
| Louisiana |
-
|
$97,080
|
| Maine |
-
|
$82,510
|
| Maryland |
-
|
$89,440
|
| Massachusetts |
-
|
$66,550
|
| Michigan |
-
|
$94,330
|
| Mississippi |
-
|
$90,520
|
| Missouri |
-
|
$108,550
|
| Montana |
-
|
$101,740
|
| Nebraska |
-
|
$84,140
|
| Nevada |
-
|
$77,890
|
| New Hampshire |
-
|
$79,360
|
| New Mexico |
-
|
$97,110
|
| North Carolina |
-
|
$130,410
|
| North Dakota |
-
|
$112,060
|
| Ohio |
-
|
$64,820
|
| Oklahoma |
-
|
$101,970
|
| Oregon |
-
|
$96,890
|
| Pennsylvania |
-
|
$73,940
|
| South Carolina |
-
|
$84,350
|
| Tennessee |
-
|
$101,630
|
| Utah |
-
|
$93,070
|
| Virginia |
-
|
$127,060
|
| Washington |
-
|
$79,530
|
| West Virginia |
-
|
$68,990
|
| Wisconsin |
-
|
$94,020
|
| Wyoming |
-
|
$91,980
|
| Guam |
-
|
$83,820
|
| Puerto Rico |
-
|
$71,100
|
Category: Home economics teachers, postsecondary
| Total # Employed in the US |
4,800 |
| Average Yearly Salary |
$68,210 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $32,330 |
$44,640 |
$64,470 |
$87,150 |
$114,060 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 0.2% |
0.7% |
2.7% |
2.3% |
15.3% |
34.6% |
44.2% |
|
Home economics teachers, postsecondary — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| Alabama |
-
|
$64,370
|
| Arkansas |
-
|
$43,570
|
| California |
-
|
$44,680
|
| Colorado |
-
|
$94,190
|
| Idaho |
-
|
$59,670
|
| Kansas |
-
|
$41,760
|
| Kentucky |
-
|
$67,430
|
| Louisiana |
-
|
$79,600
|
| Maine |
-
|
$61,390
|
| Maryland |
-
|
$74,080
|
| Missouri |
-
|
$49,950
|
| Montana |
-
|
$74,580
|
| Nevada |
-
|
$56,170
|
| New Hampshire |
-
|
$56,840
|
| North Dakota |
-
|
$84,340
|
| Ohio |
-
|
$55,900
|
| Oregon |
-
|
$53,550
|
| South Carolina |
-
|
$65,660
|
| South Dakota |
-
|
$53,040
|
| Utah |
-
|
$68,980
|
| Wisconsin |
-
|
$58,290
|
| Wyoming |
-
|
$72,130
|
| Guam |
-
|
$72,790
|
