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Career and Education Opportunities for Economists in New York, New York

Many educational and employment opportunities exist for economists in the New York, New York area. There are currently 590 working economists in New York; this should grow by 4% to about 610 working economists in the state 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.

Economists earn about $42 hourly or $88,540 per year on average in New York and about $40 per hour or $83,590 yearly on average nationally. Compared with people working in the overall category of Social Sciences, people working as economists in New York earn more. They earn more than people working in the overall category of Social Sciences nationally. Jobs in this field include: industrial economist, economic consultant, and policy analyst.

The New York area is home to 335 schools of higher education, including forty-three within twenty-five miles of New York where you can get a degree as an economist. Given that the most common education level 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 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 New York 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.
  • Urban Planner. Develop comprehensive plans and programs for use of land and physical facilities of local jurisdictions, such as towns, cities, and metropolitan areas.

EDUCATIONAL OPPORTUNITIES: Economist Training

Long Island University-C W Post Campus - Brookville, NY

Long Island University-C W Post Campus, 720 Northern Blvd, Brookville, NY 11548-1300. Long Island University-C W Post Campus is a medium sized university located in Brookville, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,868 students and an admission rate of 19%. Long Island University-C W Post Campus has 2 areas of study related to Economist. They are:

  • Economics, bachelor's degree which graduated 6 students in 2008.
  • Business/Managerial Economics, bachelor's degree.

Pace University-New York - New York, NY

Pace University-New York, 1 Pace Plaza, New York, NY 10038-1598. Pace University-New York is a large university located in New York, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 12,229 students and an admission rate of 78%. Pace University-New York has 3 areas of study related to Economist. They are:

  • Economics, bachelor's degree and master's degree which graduated seven and zero students respectively in 2008.
  • International Economics, master's degree which graduated 2 students in 2008.
  • Business/Managerial Economics, bachelor's degree, master's degree, and post-master's certificate which graduated nine, zero, and zero students respectively in 2008.

Fordham University - Bronx, NY

Fordham University, 441 E Fordham Rd, Bronx, NY 10458. Fordham University is a large university located in Bronx, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 14,666 students and an admission rate of 47%. Fordham University has bachelor's degree, master's degree, post-master's certificate, and doctor's degree programs in Economics which graduated seven, twenty-two, eight, and six students respectively in 2008.

Rutgers University-New Brunswick - New Brunswick, NJ

Rutgers University-New Brunswick, 83 Somerset St, New Brunswick, NJ 08901-1281. Rutgers University-New Brunswick is a large university located in New Brunswick, New Jersey. It is a public school with primarily 4-year or above programs. It has 36,041 students and an admission rate of 56%. Rutgers University-New Brunswick has 2 areas of study related to Economist. They are:

  • Agricultural Economics, master's degree which graduated 4 students in 2008.
  • Economics, bachelor's degree, master's degree, and doctor's degree which graduated 331, eighteen, and five students respectively in 2008.

Adelphi University - Garden City, NY

Adelphi University, South Ave, Garden City, NY 11530-0701. Adelphi University is a medium sized university located in Garden City, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 8,177 students and an admission rate of 66%. Adelphi University has a bachelor's degree program in Economics.

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.

Fairleigh Dickinson University-Metropolitan Campus - Teaneck, NJ

Fairleigh Dickinson University-Metropolitan Campus, 1000 River Rd, Teaneck, NJ 07666. Fairleigh Dickinson University-Metropolitan Campus is a medium sized university located in Teaneck, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 8,693 students and an admission rate of 61%. Fairleigh Dickinson University-Metropolitan Campus has a bachelor's degree program in Business/Managerial Economics which graduated thirty-two students in 2008.

Drew University - Madison, NJ

Drew University, 36 Madison Ave, Madison, NJ 07940. Drew University is a small university located in Madison, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,605 students and an admission rate of 68%. Drew University has a bachelor's degree program in Economics which graduated forty-one students in 2008.

Dominican College of Blauvelt - Orangeburg, NY

Dominican College of Blauvelt, 470 Western Highway, Orangeburg, NY 10962-1210. Dominican College of Blauvelt is a small college located in Orangeburg, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,962 students and an admission rate of 76%. Dominican College of Blauvelt has a bachelor's degree program in Economics.

Rutgers University-Newark - Newark, NJ

Rutgers University-Newark, 249 University Avenue, Blumenthal Hall, Newark, NJ 07102. Rutgers University-Newark is a large university located in Newark, New Jersey. It is a public school with primarily 4-year or above programs. It has 11,032 students and an admission rate of 50%. Rutgers University-Newark has a bachelor's degree and a master's degree program in Economics which graduated twenty-five and seven students respectively in 2008.

Hofstra University - Hempstead, NY

Hofstra University, 100 Hofstra University, Hempstead, NY 11549. Hofstra University is a large university located in Hempstead, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 12,253 students and an admission rate of 54%. Hofstra University has 2 areas of study related to Economist. They are:

  • Economics, bachelor's degree which graduated 5 students in 2008.
  • Business/Managerial Economics, bachelor's degree which graduated 5 students in 2008.

New Jersey City University - Jersey City, NJ

New Jersey City University, 2039 Kennedy Blvd, Jersey City, NJ 07305. New Jersey City University is a medium sized university located in Jersey City, New Jersey. It is a public school with primarily 4-year or above programs. It has 7,993 students and an admission rate of 32%. New Jersey City University has a bachelor's degree program in Economics which graduated six students in 2008.

CUNY Lehman College - Bronx, NY

CUNY Lehman College, Bedford Park Blvd W, Bronx, NY 10468. CUNY Lehman College is a large college located in Bronx, New York. It is a public school with primarily 4-year or above programs. It has 11,453 students and an admission rate of 31%. CUNY Lehman College has a bachelor's degree program in Economics which graduated two students in 2008.

Kean University - Union, NJ

Kean University, 1000 Morris Ave, Union, NJ 07083-0411. Kean University is a large university located in Union, New Jersey. It is a public school with primarily 4-year or above programs. It has 14,203 students and an admission rate of 67%. Kean University has a bachelor's degree program in Economics which graduated thirteen students in 2008.

CUNY Bernard M Baruch College - New York, NY

CUNY Bernard M Baruch College, One Bernard Baruch Way (55 Lexington at 24th St), New York, NY 10010. CUNY Bernard M Baruch College is a large college located in New York, New York. It is a public school with primarily 4-year or above programs. It has 15,906 students and an admission rate of 26%. CUNY Bernard M Baruch College 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 and master's degree which graduated forty-four and one students respectively in 2008.

William Paterson University of New Jersey - Wayne, NJ

William Paterson University of New Jersey, 300 Pompton Rd, Wayne, NJ 07470. William Paterson University of New Jersey is a large university located in Wayne, New Jersey. It is a public school with primarily 4-year or above programs. It has 10,256 students and an admission rate of 63%. William Paterson University of New Jersey has a bachelor's degree program in Economics which graduated one student in 2008.

Long Island University-Brooklyn Campus - Brooklyn, NY

Long Island University-Brooklyn Campus, University Plaza, Brooklyn, NY 11201-5372. Long Island University-Brooklyn Campus is a medium sized university located in Brooklyn, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 8,459 students and an admission rate of 60%. Long Island University-Brooklyn Campus has a bachelor's degree and a master's degree program in Economics which graduated three and zero students respectively in 2008.

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.

Manhattan College - Bronx, NY

Manhattan College, Manhattan College Pky, Bronx, NY 10471-4098. Manhattan College is a small college located in Bronx, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,446 students and an admission rate of 51%. Manhattan College has a bachelor's degree program in Economics which graduated nine students in 2008.

Saint Peters College - Jersey City, NJ

Saint Peters College, 2641 Kennedy Blvd, Jersey City, NJ 07306-5997. Saint Peters College is a small college located in Jersey City, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,045 students and an admission rate of 61%. Saint Peters College has 2 areas of study related to Economist. They are:

  • Economics, bachelor's degree which graduated 2 students in 2008.
  • Business/Managerial Economics, associate's degree and bachelor's degree which graduated one and nine students respectively in 2008.

Fairleigh Dickinson University-College at Florham - Madison, NJ

Fairleigh Dickinson University-College at Florham, 285 Madison Ave, Madison, NJ 07940. Fairleigh Dickinson University-College at Florham is a small university located in Madison, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,465 students and an admission rate of 62%. Fairleigh Dickinson University-College at Florham 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 32 students in 2008.

Columbia University in the City of New York - New York, NY

Columbia University in the City of New York, 116 St and Broadway, New York, NY 10027. Columbia University in the City of New York is a large university located in New York, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 22,940 students and an admission rate of 11%. Columbia University in the City of New York has bachelor's degree, master's degree, post-master's certificate, and doctor's degree programs in Economics which graduated nineteen, seventeen, twenty-three, and fifteen students respectively in 2008.

CUNY Queens College - Flushing, NY

CUNY Queens College, 65-30 Kissena Blvd, Flushing, NY 11367-0904. CUNY Queens College is a large college located in Flushing, New York. It is a public school with primarily 4-year or above programs. It has 19,504 students and an admission rate of 40%. CUNY Queens College has a bachelor's degree and a master's degree program in Economics which graduated sixty and two students respectively in 2008.

College of Mount Saint Vincent - Bronx, NY

College of Mount Saint Vincent, 6301 Riverdale Ave, Bronx, NY 10471-1093. College of Mount Saint Vincent is a small college located in Bronx, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,833 students and an admission rate of 67%. College of Mount Saint Vincent has a bachelor's degree program in Economics which graduated two students in 2008.

Yeshiva University - New York, NY

Yeshiva University, 500 W 185th St, New York, NY 10033-3299. Yeshiva University is a medium sized university located in New York, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 6,430 students and an admission rate of 67%. Yeshiva University has a bachelor's degree program in Economics which graduated thirty-four students in 2008.

Wagner College - Staten Island, NY

Wagner College, One Campus Rd, Staten Island, NY 10301-4495. Wagner College is a small college located in Staten Island, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,269 students and an admission rate of 61%. Wagner College has a bachelor's degree program in Economics which graduated one student in 2008.

CUNY Brooklyn College - Brooklyn, NY

CUNY Brooklyn College, 2900 Bedford Ave, Brooklyn, NY 11210-2889. CUNY Brooklyn College is a large college located in Brooklyn, New York. It is a public school with primarily 4-year or above programs. It has 16,575 students and an admission rate of 40%. CUNY Brooklyn College has a bachelor's degree and a master's degree program in Economics which graduated three and twenty-three students respectively in 2008.

Seton Hall University - South Orange, NJ

Seton Hall University, 400 S Orange Ave, South Orange, NJ 07079-2697. Seton Hall University is a medium sized university located in South Orange, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 9,592 students and an admission rate of 73%. Seton Hall University has 2 areas of study related to Economist. They are:

  • Economics, bachelor's degree which graduated 1 student in 2008.
  • Business/Managerial Economics, bachelor's degree which graduated 4 students in 2008.

Ramapo College of New Jersey - Mahwah, NJ

Ramapo College of New Jersey, 505 Ramapo Valley Rd, Mahwah, NJ 07430-1680. Ramapo College of New Jersey is a medium sized college located in Mahwah, New Jersey. It is a public school with primarily 4-year or above programs. It has 5,847 students and an admission rate of 49%. Ramapo College of New Jersey has a bachelor's degree program in Economics which graduated twelve students in 2008.

CUNY College of Staten Island - Staten Island, NY

CUNY College of Staten Island, 2800 Victory Blvd, Staten Island, NY 10314. CUNY College of Staten Island is a large college located in Staten Island, New York. It is a public school with primarily 4-year or above programs. It has 13,174 students and an admission rate of 98%. CUNY College of Staten Island has a bachelor's degree program in Economics which graduated seventeen students in 2008.

St. John's University-New York - Queens, NY

St. John's University-New York, 8000 Utopia Pky, Queens, NY 11439. St. John's University-New York is a large university located in Queens, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 20,109 students and an admission rate of 56%. St. John's University-New York has a bachelor's degree program in Economics which graduated one student in 2008.

CUNY York College - Jamaica, NY

CUNY York College, 94-20 Guy R Brewer Blvd, Jamaica, NY 11451. CUNY York College is a medium sized college located in Jamaica, New York. It is a public school with primarily 4-year or above programs. It has 7,101 students and an admission rate of 48%. CUNY York College has a bachelor's degree program in Economics which graduated five students in 2008.

St. Francis College - Brooklyn Heights, NY

St. Francis College, 180 Remsen St, Brooklyn Heights, NY 11201-9902. St. Francis College is a small college located in Brooklyn Heights, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,457 students and an admission rate of 75%. St. Francis College has a bachelor's degree program in Economics which graduated seven students in 2008.

Caldwell College - Caldwell, NJ

Caldwell College, 9 Ryerson Avenue, Caldwell, NJ 07006-6195. Caldwell College is a small college located in Caldwell, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,308 students and an admission rate of 60%. Caldwell College has a bachelor's degree program in Economics which graduated six students in 2008.

CUNY City College - New York, NY

CUNY City College, 160 Convent Ave, New York, NY 10031-9101. CUNY City College is a large college located in New York, New York. It is a public school with primarily 4-year or above programs. It has 15,022 students and an admission rate of 42%. CUNY City College has a bachelor's degree and a master's degree program in Economics which graduated forty-seven and seventeen students respectively in 2008.

CUNY Graduate School and University Center - New York, NY

CUNY Graduate School and University Center, 365 Fifth Ave, New York, NY 10016-4309. CUNY Graduate School and University Center is a medium sized university located in New York, New York. It is a public school with primarily 4-year or above programs and has 5,827 students. CUNY Graduate School and University Center has a post-master's certificate and a doctor's degree program in Economics which graduated four and nine students respectively in 2008.

New York University - New York, NY

New York University, 70 Washington Sq South, New York, NY 10012-1091. New York University is a large university located in New York, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 42,204 students and an admission rate of 32%. New York 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 fifty-one, eighty, three, and nine students respectively in 2008.
  • Business/Managerial Economics, bachelor's degree, master's degree, and doctor's degree which graduated sixteen, zero, and five students respectively 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.

Touro College - New York, NY

Touro College, 27-33 W 23rd St, New York, NY 10010. Touro College is a large college located in New York, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 14,247 students and an admission rate of 57%. Touro College has a bachelor's degree program in Economics which graduated one student in 2008.

Montclair State University - Montclair, NJ

Montclair State University, 1 Normal Avenue - 855 Valley Road, Montclair, NJ 07043-1624. Montclair State University is a large university located in Montclair, New Jersey. It is a public school with primarily 4-year or above programs. It has 17,475 students and an admission rate of 52%. Montclair State University has a bachelor's degree program in Economics which graduated fifteen students in 2008.

Barnard College - New York, NY

Barnard College, 3009 Broadway, New York, NY 10027-6598. Barnard College is a small college located in New York, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,359 students and an admission rate of 28%. Barnard College has 2 areas of study related to Economist. They are:

  • Economics, bachelor's degree.
  • Economics, Other Specialties, bachelor's degree which graduated 1 student in 2008.

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.

The New School - New York, NY

The New School, 66 W 12th Street, New York, NY 10011-8603. The New School is a medium sized school located in New York, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 10,067 students and an admission rate of 51%. The New School has a master's degree and a doctor's degree program in Economics which graduated twenty-three and eight students respectively 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: New York, New York

New York, New York
New York, New York photo by UpstateNYer

New York is situated in New York County, New York. It has a population of over 8,363,710, which has grown by 4.4% in the past ten years. The cost of living index in New York, 177, is far greater than the national average.

The three big industries for women in New York are health care, educational services, and professional, scientific, and technical services. For men, it is construction, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 40 minutes. More than 27.4% of New York residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 11.6%, is lower than the state average.

The unemployment rate in New York is 10.3%, which is greater than New York's average of 8.7%.

The percentage of New York residents that are affiliated with a religious congregation, 70.0%, is more than both the national and state average. Saint Lukes Roman Catholic Church, Saint Ann's Episcopal Church and Trinity Church are some of the churches located in New York. The most prominent religious groups are the Catholic Church, the Muslim Estimate and the American Baptist Churches in the USA.

New York is home to the Cadman Plaza and the Flushing Station as well as Victory Field and Whitman Park. Visitors to New York can choose from Boland Corporate Housing, Club Quarters Inc - Reservations and Allied Hotel Marketing Limited for temporary stays in the area.