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Career and Education Opportunities for Economists in Nampa, Idaho

There is a wide variety of career and education opportunities for economists in the Nampa, Idaho area. The national trend for economists sees this job pool growing by about 5.8% over the next eight years. 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.

Economists earn about $29 per hour or $61,400 annually on average in Idaho and about $40 hourly or $83,590 annually on average nationally. Incomes for economists are better than in the overall category of Social Sciences in Idaho, and better than the overall Social Sciences category nationally. Economists work in a variety of jobs, including: economic development specialist, economic consultant, and health researcher.

The Nampa area is home to eleven schools of higher education, including one within twenty-five miles of Nampa where you can get a degree as an economist. Given that the most common education level for economists is a Master's degree, 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 starting with 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 Nampa 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

Boise State University - Boise, ID

Boise State University, 1910 University Dr, Boise, ID 83725. Boise State University is a large university located in Boise, Idaho. It is a public school with primarily 4-year or above programs. It has 19,667 students and an admission rate of 81%. Boise State University has 2 areas of study related to Economist. They are:

  • Economics, bachelor's degree which graduated 3 students in 2008.
  • Business/Managerial Economics, bachelor's degree which graduated 12 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: Nampa, Idaho

Nampa, Idaho
Nampa, Idaho photo by J.B.

Nampa is located in Canyon County, Idaho. It has a population of over 80,362, which has grown by 54.9% in the past ten years. The cost of living index in Nampa, 87, is well below the national average. New single-family homes in Nampa cost $122,200 on average, which is well below the state average. In 2008, one hundred ninety-one new homes were built in Nampa, down from two hundred eighty-nine the previous year.

The three most popular industries for women in Nampa are health care, educational services, and computer and electronic products. For men, it is construction, computer and electronic products, and food. The average travel time to work is about 21 minutes. More than 16.0% of Nampa residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.5%, is lower than the state average.

The unemployment rate in Nampa is 11.2%, which is greater than Idaho's average of 8.3%.

The percentage of Nampa residents that are affiliated with a religious congregation, 41.5%, is less than both the national and state average. The largest religious groups are the LDS (Mormon) Church, the Catholic Church and the Church of the Nazarene.

Shopping malls in the area include Karcher Mall, Nampa Shopping Center and Holly Shopping Center. Visitors to Nampa can choose from Sleep Inn Nampa, Days Inn Nampa ID and Starlite Motel for temporary stays in the area.