What is an Entry Level Economics Job?
An entry level economics job is a position in which an individual works in the field of economics at the beginning of their career. These jobs typically require a bachelor's degree in economics or a related field and offer opportunities to gain practical experience in the industry. Entry level economics jobs may include positions such as research assistants, data analysts, or economic analysts.
What Usually Do in This Position?
Entry level economics jobs require individuals to perform a variety of tasks depending on the specific role they are in. Research assistants may be responsible for conducting research, collecting data, and analyzing information. Data analysts may be responsible for manipulating and organizing data to identify trends and insights. Economic analysts may be responsible for forecasting economic trends and creating reports.
Top 5 Skills for Position
- Analytical Thinking
- Mathematical Skills
- Research Skills
- Communication Skills
- Attention to Detail
How to Become This Type of Specialist
To become an entry level economics specialist, individuals typically need to have a bachelor's degree in economics or a related field. It is also beneficial to gain experience through internships or entry level positions. Continuing education, such as earning a master's degree or obtaining certifications, can also help individuals advance their careers in the field of economics.
Average Salary
The average salary for entry level economics jobs varies depending on the specific position and location. According to Glassdoor, the average salary for an entry level data analyst is $62,000 per year. The average salary for an entry level economic analyst is $59,000 per year.
Roles and Types
Entry level economics jobs can include a variety of roles and types of positions. Some common positions include research assistants, data analysts, and economic analysts. Other types of entry level economics jobs may include positions in finance, accounting, and consulting.
Locations with the Most Popular Jobs in USA
Some of the locations with the most popular entry level economics jobs in the United States include Washington D.C., New York, and San Francisco. However, entry level economics jobs can be found in many different locations throughout the country.
What are the Typical Tools
Entry level economics specialists typically use a variety of tools to perform their job duties. Common tools may include statistical software such as R or Stata, spreadsheet software such as Microsoft Excel, and data visualization software such as Tableau. Other tools may include databases, programming languages, and research methods.
In Conclusion
Entry level economics jobs offer individuals the opportunity to gain practical experience in the field of economics at the beginning of their careers. These jobs require individuals to have strong analytical and mathematical skills, as well as research and communication skills. With a bachelor's degree and practical experience, individuals can advance their careers in the field of economics and potentially earn a higher salary.