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The differences between economic consultants and program 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 a program consultant. Additionally, an economic consultant has an average salary of $81,767, which is higher than the $73,021 average annual salary of a program consultant.
The top three skills for an economic consultant include SAS, SQL and data analysis. The most important skills for a program consultant are powerpoint, project management, and data collection.
| Economic Consultant | Program Consultant | |
| Yearly salary | $81,767 | $73,021 |
| Hourly rate | $39.31 | $35.11 |
| Growth rate | 11% | 11% |
| Number of jobs | 75,508 | 116,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 63% |
| 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.
A program consultant is responsible for evaluating program management plans and procedures to ensure that it adheres to the internal guidelines and specifications of business requirements. Program consultants advise the management team on the techniques and program flow according to the budget limitations and themes. They also assist the marketing and public relations team with marketing promotions and media announcements for the audience's awareness. A program consultant must be highly communicative and organizational, especially on resolving discrepancies and coordinating with suppliers for the program's needs.
Economic consultants and program consultants have different pay scales, as shown below.
| Economic Consultant | Program Consultant | |
| Average salary | $81,767 | $73,021 |
| Salary range | Between $55,000 And $121,000 | Between $46,000 And $114,000 |
| Highest paying City | Washington, DC | Woodbridge, NJ |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | Bates White, LLC | DocuSign |
| Best paying industry | Professional | - |
There are a few differences between an economic consultant and a program consultant in terms of educational background:
| Economic Consultant | Program Consultant | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 63% |
| Most common major | Economics | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between economic consultants' and program consultants' demographics:
| Economic Consultant | Program Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.1% Female, 35.9% | Male, 46.6% Female, 53.4% |
| 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, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |