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Career and Education Opportunities for Economists in Bridgeport, Connecticut

There is a wide variety of career and education opportunities for economists in the Bridgeport, Connecticut area. Currently, 360 people work as economists in Connecticut. This is expected to grow by 4% to 380 people by 2016. This is not quite as good as the national trend for economists, which 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.

The income of an economist is about $38 per hour or $80,680 yearly on average in Connecticut. In the U.S. as a whole, their income is about $40 per hour or $83,590 annually on average. Compared with people working in the overall category of Social Sciences, people working as economists in Connecticut earn more. They earn more than people working in the overall category of Social Sciences nationally. Economists work in a variety of jobs, including: forensic economist, policy advisor, and economic research analyst.

There are eleven schools within twenty-five miles of Bridgeport where you can study to be an economist, among seventy-five schools of higher education total in the Bridgeport area. The most common level of education for economists is a Master's degree. It will take about six years to learn 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 Bridgeport include:

  • Archaeologist. Conduct research to reconstruct record of past human life and culture from human remains, artifacts, and structures recovered through excavation, underwater recovery, or other means of discovery.
  • 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

Central Connecticut State University - New Britain, CT

Central Connecticut State University, 1615 Stanley St, New Britain, CT 06050. Central Connecticut State University is a large university located in New Britain, Connecticut. It is a public school with primarily 4-year or above programs. It has 12,233 students and an admission rate of 60%. Central Connecticut State University has a bachelor's degree program in Economics which graduated seven students in 2008.

The College of New Rochelle - New Rochelle, NY

The College of New Rochelle, 29 Castle Pl, New Rochelle, NY 10805-2339. The College of New Rochelle is a medium sized college located in New Rochelle, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,087 students and an admission rate of 56%. The College of New Rochelle has a bachelor's degree program in Economics.

Yale University - New Haven, CT

Yale University, , New Haven, CT 06520. Yale University is a large university located in New Haven, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 11,420 students and an admission rate of 10%. Yale University has 2 areas of study related to Economist. They are:

  • Economics, bachelor's degree, master's degree, post-master's certificate, and doctor's degree which graduated twenty-eight, twenty, eighteen, and thirteen students respectively in 2008.
  • Development Economics and International Development, master's degree which graduated 22 students in 2008.

Quinnipiac University - Hamden, CT

Quinnipiac University, Mt Carmel Ave, Hamden, CT 06518. Quinnipiac University is a medium sized university located in Hamden, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,413 students and an admission rate of 45%. Quinnipiac University has a bachelor's degree program in Economics which graduated two students in 2008.

Manhattanville College - Purchase, NY

Manhattanville College, 2900 Purchase St, Purchase, NY 10577. Manhattanville College is a small college located in Purchase, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,950 students and an admission rate of 52%. Manhattanville College has a bachelor's degree program in Economics.

SUNY at Purchase College - Purchase, NY

SUNY at Purchase College, 735 Anderson Hill Rd, Purchase, NY 10577-1400. SUNY at Purchase College is a small college located in Purchase, New York. It is a public school with primarily 4-year or above programs. It has 4,155 students and an admission rate of 24%. SUNY at Purchase College has a bachelor's degree program in Economics which graduated sixteen students in 2008.

Albertus Magnus College - New Haven, CT

Albertus Magnus College, 700 Prospect St, New Haven, CT 06511-1189. Albertus Magnus College is a small college located in New Haven, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,115 students and an admission rate of 81%. Albertus Magnus College has a less than one year and a bachelor's degree program in Business/Managerial Economics which graduated three and twenty-seven students respectively in 2008.

University of New Haven - West Haven, CT

University of New Haven, 300 Boston Post Road, West Haven, CT 06516. University of New Haven is a medium sized university located in West Haven, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,739 students and an admission rate of 68%. University of New Haven has a bachelor's degree program in Business/Managerial Economics.

Western Connecticut State University - Danbury, CT

Western Connecticut State University, 181 White Street, Danbury, CT 06810-6826. Western Connecticut State University is a medium sized university located in Danbury, Connecticut. It is a public school with primarily 4-year or above programs. It has 6,316 students and an admission rate of 58%. Western Connecticut State University has a bachelor's degree program in Economics.

Iona College - New Rochelle, NY

Iona College, 715 North Ave, New Rochelle, NY 10801-1890. Iona College is a small college located in New Rochelle, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 4,375 students and an admission rate of 59%. Iona College has a bachelor's degree program in Economics which graduated twelve students in 2008.

Southern Connecticut State University - New Haven, CT

Southern Connecticut State University, 501 Crescent Street, New Haven, CT 06515-1355. Southern Connecticut State University is a large university located in New Haven, Connecticut. It is a public school with primarily 4-year or above programs. It has 11,769 students and an admission rate of 63%. Southern Connecticut State University has a bachelor's degree program in Economics which graduated nine 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: Bridgeport, Connecticut

Bridgeport, Connecticut
Bridgeport, Connecticut photo by Xtremeyanksfan22

Bridgeport is located in Fairfield County, Connecticut. It has a population of over 136,405, which has shrunk by 2.2% in the past ten years. The cost of living index in Bridgeport, 151, is far greater than the national average. New single-family homes in Bridgeport are valued at $110,900 on average, which is far less than the state average. In 2008, twenty-six new homes were built in Bridgeport, down from forty-one the previous year.

The three big industries for women in Bridgeport are health care, educational services, and finance and insurance. For men, it is construction, administrative and support and waste management services, and accommodation and food services. The average commute to work is about 25 minutes. More than 12.2% of Bridgeport residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.6%, is lower than the state average.

The unemployment rate in Bridgeport is 12.1%, which is greater than Connecticut's average of 8.3%.

The percentage of Bridgeport residents that are affiliated with a religious congregation, 70.1%, is more than both the national and state average. Calvary Episcopal Church, Golden Hill United Methodist Church and Good Shepherd Christian Church are among the churches located in Bridgeport. The most common religious groups are the Catholic Church, the Episcopal Church and the United Church of Christ.

Bridgeport is home to the North Branch Bridgeport Public Library and the Challenger Learning Center as well as Went Field and Johnson Oak Park. Shopping centers in the area include Lafayette Shopping Plaza Shopping Center, Baldwin Plaza Shopping Center and Bayview Shopping Center.