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Career and Education Opportunities for Economists in Arvada, Colorado

Economists can find both educational opportunities and jobs in the Arvada, Colorado area. The national trend for economists sees this job pool growing by about 5.8% over the next eight years. Economists generally conduct research, prepare reports, or formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.

Economists earn about $40 per hour or $84,210 annually on average in Colorado and about $40 per hour or $83,590 annually on average nationally. Economists earn more than people working in the category of Social Sciences generally in Colorado and more than people in the Social Sciences category nationally. People working as economists can fill a number of jobs, such as: economic consultant, project economist, and revenue research analyst.

There are three schools within twenty-five miles of Arvada where you can study to be an economist, among sixty schools of higher education total in the Arvada area. Economists usually hold a Master's degree, so you can expect to spend about six years studying to be an economist if you already have a high school diploma, or just 2 years if you have a Bachelor's degree.

CAREER DESCRIPTION: Economist

Economist video from the State of New Jersey Dept. of Labor and Workforce Development

In general, economists conduct research, prepare reports, or formulate plans to aid in solution of economic problems arising from production and distribution of goods and services. They also may collect and process economic and statistical data using econometric and sampling techniques.

Economists study economic and statistical data in an area of specialization, such as finance or agriculture. They also compile and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques. Finally, economists furnish advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

Every day, economists are expected to be able to write clearly and communicate well. They need to articulate ideas and problems. It is also important that they listen to and understand others in meetings.

It is important for economists to formulate recommendations or plans to solve economic problems or to interpret markets. They are often called upon to design economic guidelines and standards and ready points of view used in forecasting trends and formulating economic policy. Somewhat less frequently, economists are also expected to supervise research projects and students' study projects.

Economists sometimes are asked to testify at regulatory or legislative hearings concerning the estimated effects of changes in legislation or public policy and present recommendations on the basis of cost-benefit analyses. and forecast production and consumption of renewable resources and supply, consumption and depletion of non-renewable resources. And finally, they sometimes have to testify at regulatory or legislative hearings concerning the estimated effects of changes in legislation or public policy and present recommendations on the basis of cost-benefit analyses.

Like many other jobs, economists must be able to absorb the factors involved and a problem and provide a well thought out solution and be thorough and dependable.

Similar jobs with educational opportunities in Arvada include:

  • Geographic Information Systems Analyst. Study nature and use of areas of earth's surface, relating and interpreting interactions of physical and cultural phenomena. Conduct research on physical aspects of a region, including land forms, climates, soils, plants and animals, and conduct research on the spatial implications of human activities within a given area, including social characteristics, economic activities, and political organization, as well as researching interdependence between regions at scales ranging from local to global.
  • Historian. Research, analyze, and interpret the past as recorded in sources, such as government and institutional records, newspapers and other periodicals, photographs, and unpublished manuscripts, such as personal diaries and letters.
  • Industrial Psychologist. Apply principles of psychology to personnel, administration, and marketing problems. Activities may include policy planning; employee screening, training and development; and organizational development and analysis. May work with management to reorganize the work setting to improve worker productivity.
  • Market Research Analyst. Research market conditions in local, regional, or national areas to determine potential sales of a product or service. May gather information on competitors, prices, and methods of marketing and distribution. May use survey results to create a marketing campaign based on regional preferences and buying habits.
  • Market Survey Representative. Design or conduct surveys. May supervise interviewers who conduct the survey in person or over the telephone. May present survey results to client.
  • School Psychologist. Investigate processes of learning and teaching and develop psychological principles and techniques applicable to educational problems.

EDUCATIONAL OPPORTUNITIES: Economist Training

Regis University - Denver, CO

Regis University, 3333 Regis Blvd, Denver, CO 80221-1099. Regis University is a large university located in Denver, Colorado. It is a private not-for-profit school with primarily 4-year or above programs. It has 11,238 students and an admission rate of 44%. Regis University has 2 areas of study related to Economist. They are:

  • Economics, Other Specialties, bachelor's degree which graduated 2 students in 2008.
  • Business/Managerial Economics, bachelor's degree which graduated 1 student in 2008.

University of Colorado at Boulder - Boulder, CO

University of Colorado at Boulder, Regent Drive at Broadway, Boulder, CO 80309-0017. University of Colorado at Boulder is a large university located in Boulder, Colorado. It is a public school with primarily 4-year or above programs. It has 32,191 students and an admission rate of 78%. University of Colorado at Boulder has bachelor's degree, master's degree, and doctor's degree programs in Economics which graduated 245, five, and nine students respectively in 2008.

Colorado School of Mines - Golden, CO

Colorado School of Mines, 1500 Illinois St, Golden, CO 80401. Colorado School of Mines is a small school located in Golden, Colorado. It is a public school with primarily 4-year or above programs. It has 4,488 students and an admission rate of 61%. Colorado School of Mines has 2 areas of study related to Economist. They are:

  • Economics, bachelor's degree which graduated 37 students in 2008.
  • Applied Economics, master's degree which graduated 19 students in 2008.

CERTIFICATIONS

Planning and Scheduling Professional: The PSP certification is to recognize specialists who meet a demanding set of planning and scheduling criteria by a rigorous examination, experience, education and ethical qualificaion.

For more information, see the AACE International (Association for the Advancement of Cost Engineering through total cost management) website.

Certified Economic Developer: Economic development organizations need professionals who possess the expertise to combat new challenges that emerge in a constantly changing industry.

For more information, see the International Economic Development Council website.

Economic Development Finance Professional: In NDC's EDFP Certification Program you will build the capacity to translate development opportunities into results for their communities.

For more information, see the The National Development Council website.

LOCATION INFORMATION: Arvada, Colorado

Arvada, Colorado
Arvada, Colorado photo by Lordkinbote

Arvada is situated in Jefferson County, Colorado. It has a population of over 107,361, which has grown by 5.1% over the last ten years. The cost of living index in Arvada, 96, is near the national average. New single-family homes in Arvada are priced at $252,600 on average, which is above the state average. In 2008, one hundred nineteen new homes were constructed in Arvada, down from one hundred thirty-seven the previous year.

The three most popular industries for women in Arvada are health care, educational services, and professional, scientific, and technical services. For men, it is construction, professional, scientific, and technical services, and public administration. The average travel time to work is about 26 minutes. More than 29.0% of Arvada residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 8.5%, is lower than the state average.

The unemployment rate in Arvada is 7.3%, which is greater than Colorado's average of 6.6%.

The percentage of Arvada residents that are affiliated with a religious congregation, 35.5%, is less than both the national and state average. The most prominent religious groups are the Catholic Church, the Charismatic Churches Independent and the LDS (Mormon) Church.

Arvada is home to the Arvada Filtration Plant and the Arvada Plaza as well as McLlvoy Park and Ralston Valley Park. Shopping centers in the area include Arvada Square Shopping Center and North Park Shopping Center.