Career and Education Opportunities for Economists in Colorado Springs, Colorado
Economists can find both educational opportunities and jobs in the Colorado Springs, 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.
A person working as an economist can expect to earn about $40 per hour or $84,210 annually on average in Colorado and about $40 per hour or $83,590 yearly on average in the U.S. as a whole. 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. Economists work in a variety of jobs, including: tax economist, research analyst, and economic analysis director.
There are nineteen schools of higher education in the Colorado Springs area, including four within twenty-five miles of Colorado Springs where you can get a degree to start your career as an economist. The most common level of education for economists is a Master's degree. You can expect to spend about six years training to become an economist if you already have a high school diploma, or just 2 years if you have a Bachelor's degree.
CAREER DESCRIPTION: Economist
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 Colorado Springs 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
United States Air Force Academy - USAFA, CO
United States Air Force Academy, , USAFA, CO 80840-5002. United States Air Force Academy is a small school located in USAFA, Colorado. It is a public school with primarily 4-year or above programs. It has 4,543 students and an admission rate of 18%. United States Air Force Academy has a bachelor's degree program in Economics which graduated two students in 2008.
Colorado State University-Pueblo - Pueblo, CO
Colorado State University-Pueblo, 2200 Bonforte Blvd, Pueblo, CO 81001-4901. Colorado State University-Pueblo is a medium sized university located in Pueblo, Colorado. It is a public school with primarily 4-year or above programs. It has 4,579 students and an admission rate of 97%. Colorado State University-Pueblo has a bachelor's degree program in Business/Managerial Economics which graduated sixteen students in 2008.
University of Colorado at Colorado Springs - Colorado Springs, CO
University of Colorado at Colorado Springs, 1420 Austin Bluffs Parkway, Colorado Springs, CO 80918. University of Colorado at Colorado Springs is a medium sized university located in Colorado Springs, Colorado. It is a public school with primarily 4-year or above programs. It has 8,929 students and an admission rate of 69%. University of Colorado at Colorado Springs has a bachelor's degree program in Economics which graduated sixteen students in 2008.
Colorado College - Colorado Springs, CO
Colorado College, 14. E Cache La Poudre St., Colorado Springs, CO 80903. Colorado College is a small college located in Colorado Springs, Colorado. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,026 students and an admission rate of 26%. Colorado College has 4 areas of study related to Economist. They are:
- Economics, bachelor's degree which graduated 1 student in 2008.
- Econometrics and Quantitative Economics, bachelor's degree which graduated 7 students in 2008.
- International Economics, bachelor's degree which graduated 22 students in 2008.
- Economics, Other Specialties, bachelor's degree.
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: Colorado Springs, Colorado
Colorado Springs is located in El Paso County, Colorado. It has a population of over 380,307, which has grown by 5.4% over the last ten years. The cost of living index in Colorado Springs, 86, is well below the national average.
The three most popular industries for women in Colorado Springs are health care, educational services, and accommodation and food services. For men, it is construction, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 21 minutes. More than 33.6% of Colorado Springs residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 12.2%, is higher than the state average.
The unemployment rate in Colorado Springs is 7.0%, which is greater than Colorado's average of 6.6%.
The percentage of Colorado Springs residents that are affiliated with a religious congregation, 37.1%, is less than both the national and state average. The largest religious groups are the Catholic Church, the Southern Baptist Convention and the Charismatic Churches Independent.
Colorado Springs is home to the Wilsons Ranch and the Flying W Ranch as well as Garden of the Gods and Acacia Park. Shopping malls in the area include Academy Center Shopping Center, Academy Place Shopping Center and Academy Place Shopping Center. Visitors to Colorado Springs can choose from Days Inn, Antlers Hilton Colorado Springs and Apache Court for temporary stays in the area.