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Career and Education Opportunities for Economists in North Las Vegas, Nevada

Economists can find both educational opportunities and jobs in the North Las Vegas, Nevada 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.

The income of an economist is about $33 per hour or $70,370 per year on average in Nevada. In the U.S. as a whole, their income is about $40 hourly or $83,590 per year on average. Earnings for economists are not quite as good as earnings in the general category of Social Sciences in Nevada and better than general Social Sciences category earnings nationally. People working as economists can fill a number of jobs, such as: policy officer, economic developer, and research analyst.

The North Las Vegas area is home to nineteen schools of higher education, including two within twenty-five miles of North Las Vegas where you can get a degree as an economist. The most common level of education 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 North Las Vegas include:

  • 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

University of Nevada-Las Vegas - Las Vegas, NV

University of Nevada-Las Vegas, 4505 S Maryland Pky, Las Vegas, NV 89154. University of Nevada-Las Vegas is a large university located in Las Vegas, Nevada. It is a public school with primarily 4-year or above programs. It has 28,618 students and an admission rate of 73%. University of Nevada-Las Vegas has a bachelor's degree and a master's degree program in Economics which graduated forty-nine and seven students respectively in 2008.

College of Southern Nevada - Las Vegas, NV

College of Southern Nevada, 6375 W. Charleston Blvd., Las Vegas, NV 89146-1164. College of Southern Nevada is a large college located in Las Vegas, Nevada. It is a public school with primarily 4-year or above programs and has 27,035 students. College of Southern Nevada has an associate's degree program in Business/Managerial Economics which graduated three 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: North Las Vegas, Nevada

North Las Vegas, Nevada
North Las Vegas, Nevada photo by Meridethmyers

North Las Vegas is situated in Clark County, Nevada. It has a population of over 217,253, which has grown by 88.1% in the past ten years. The cost of living index in North Las Vegas, 89, is well below the national average. New single-family homes in North Las Vegas cost $207,700 on average, which is well above the state average. In 2008, eight hundred thirty-four new homes were built in North Las Vegas, down from 2,365 the previous year.

The three most popular industries for women in North Las Vegas are accommodation and food services, arts, entertainment, and recreation, and health care. For men, it is construction, accommodation and food services, and arts, entertainment, and recreation. The average commute to work is about 27 minutes. More than 10.2% of North Las Vegas residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 3.3%, is lower than the state average.

The unemployment rate in North Las Vegas is 14.3%, which is greater than Nevada's average of 12.6%.

The percentage of North Las Vegas residents that are affiliated with a religious congregation, 36.2%, is less than the national average but more than the state average. The largest religious groups are the Catholic Church, the LDS (Mormon) Church and the Southern Baptist Convention.

North Las Vegas is home to the Craig Ranch Country Club and the Craig Road Speedway as well as Valley View Park and Highland Valley Park. Shopping malls in the area include Cheyenne Shopping Center and College Park Shopping Center. Visitors to North Las Vegas can choose from Starlite Motel, Holiday Inn Express Hotel & Suites and Texas Station for temporary stays in the area.