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The differences between economic consultants and implementation consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an economic consultant and an implementation consultant. Additionally, an economic consultant has an average salary of $81,767, which is higher than the $80,195 average annual salary of an implementation consultant.
The top three skills for an economic consultant include SAS, SQL and data analysis. The most important skills for an implementation consultant are technical support, customer service, and erp implementation.
| Economic Consultant | Implementation Consultant | |
| Yearly salary | $81,767 | $80,195 |
| Hourly rate | $39.31 | $38.56 |
| Growth rate | 11% | 11% |
| Number of jobs | 75,508 | 70,450 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 70% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An economic consultant is responsible for analyzing data statistics and market conditions that affect the performance of the production and manufacturing processes of an organization. Economic consultants develop business plans to address economic difficulties based on the research and data methodologies. They write reports for the management's reference and discuss sales forecasts, as well as the availability of resources depending on the market changes. An economic consultant should have excellent communication and analytical skills, especially in helping the organization identify opportunities in the long run that would generate more revenues and profits.
An implementation consultant is an individual who travels to various job sites to help clients with the installation of different software and hardware solutions. Implementation consultants must be knowledgeable of the software application so that they can conduct training sessions for internal and external customers. They develop system teaching aids such as training handbooks, demonstration models, and multimedia visual aids. Implementation consultants must also obtain technical certification, particularly on the specific software and hardware they install.
Economic consultants and implementation consultants have different pay scales, as shown below.
| Economic Consultant | Implementation Consultant | |
| Average salary | $81,767 | $80,195 |
| Salary range | Between $55,000 And $121,000 | Between $59,000 And $108,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Massachusetts | New York |
| Best paying company | Bates White, LLC | McKinsey & Company Inc |
| Best paying industry | Professional | Pharmaceutical |
There are a few differences between an economic consultant and an implementation consultant in terms of educational background:
| Economic Consultant | Implementation Consultant | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 70% |
| Most common major | Economics | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between economic consultants' and implementation consultants' demographics:
| Economic Consultant | Implementation Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.1% Female, 35.9% | Male, 53.8% Female, 46.2% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.5% White, 65.3% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |