Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Economic consultant education requirements
Updated January 8, 2025
4 min read
There are several educational requirements to become an economic consultant. Economic consultants usually study economics, finance, or business. 56% of economic consultants hold a bachelor's degree, and 33% hold an master's degree. We analyzed 348 real economic consultant resumes to see exactly what economic consultant education sections show.
The most common colleges for economic consultants are the University of California - Davis and the University of California - Davis.
There are also many online economic consultant courses to help get the education required to be an economic consultant.
What education do you need to become an economic consultant?
What degree do you need to be an economic consultant?
- Bachelor's, 56%
- Master's, 33%
- Doctorate, 7%
- Associate, 3%
- Other Degrees, 1%
What should I major in to become an economic consultant?
Most common colleges for economic consultants
| Economic consultant common college | Percentages |
|---|---|
| University of California - Davis | 8.96% |
| Cornell University | 7.46% |
| University of Florida | 5.97% |
| University of California, Berkeley | 5.97% |
| Georgetown University | 5.97% |
Best majors for economic consultants
| Rank | Major | Percentages |
|---|---|---|
| 1 | Economics | 39.1% |
| 2 | Finance | 10.2% |
| 3 | Business | 8.9% |
| 4 | Political Science | 5.5% |
| 5 | Mathematics | 4.3% |
Best colleges for economic consultants
The best colleges for economic consultants are Northwestern University, University of Pennsylvania, and Harvard University.
An economic consultant with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for economic consultants. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become economic consultants.
1. Northwestern University
Evanston, IL • Private
In-state tuition
$54,568
Enrollment
8,451
2. University of Pennsylvania
Philadelphia, PA • Private
In-state tuition
$55,584
Enrollment
10,764
3. New York University
New York, NY • Private
In-state tuition
$51,828
Enrollment
26,339
4. University of Southern California
Los Angeles, CA • Private
In-state tuition
$56,225
Enrollment
19,548
5. Harvard University
Cambridge, MA • Private
In-state tuition
$50,420
Enrollment
7,582
6. George Washington University, The
Washington, DC • Private
In-state tuition
$55,230
Enrollment
12,161
7. Pennsylvania State University
University Park, PA • Private
In-state tuition
$18,454
Enrollment
40,108
8. University of Georgia
Athens, GA • Private
In-state tuition
$11,830
Enrollment
29,474
9. University of Rochester
Rochester, NY • Private
In-state tuition
$53,909
Enrollment
6,348
10. University of Notre Dame
Notre Dame, IN • Private
In-state tuition
$53,391
Enrollment
8,568
20 best online courses for economic consultants
Advertising disclosure
1. Data Analysis Immersive (Full-time)
Learn to problem solve, and effectively communicate, like an analyst. This course teaches you to use industry-standard tools to make ethical, data-driven decisions. Experience hands-on training to master SQL, Excel, Tableau, PowerBI, and Python – tools listed in virtually every data analytics job posting across industries...
2. Data Analytics (Part Time)
Harness Excel, SQL, and Tableau to drive powerful analysis and insights. Build confidence and credibility to apply this versatile skill set to countless jobs. This course is offered in person and live online, in a remote classroom setting...
3. Data Analyst
Use Python, SQL and Statistics to advance your programming skills and refine your ability to work with messy, complex datasets...
4. Data Structures and Algorithms
Get hands-on practice with over 80 data structures and algorithm exercises and guidance from a dedicated mentor to help prepare you for interviews and on-the-job scenarios...
5. The Economics of AI
The course introduces you to cutting-edge research in the economics of AI and the implications for economic growth and labor markets. We start by analyzing the nature of intelligence and information theory. Then we connect our analysis to modeling production and technological change in economics, and how these processes are affected by AI. Next we turn to how technological change drives aggregate economic growth, covering a range of scenarios including a potential growth singularity. We also...
6. Earth Economics
After this course you will be an Earth Economist that can provide evidence-based advise on the best global policy. As an Earth Economist you will better understand the behavior and advice of economists, have become a better economist yourself and know where to find Earth's data and how to analyze these world observations. Our planet is too important: we need you to get engaged! Earth Economics offers a completely new angle to policy analysis by its focus on the truly global level and its...
7. Econ 101: The Complete Intro to Economics For Beginners
Economics 101: Economics Made Easy For You! Become an Economics Pro With This Course...
8. Economics: Market Forces of Demand, Supply and Equilibrium
Economics: Analyzing Demand, Supply and Market Equilibrium with real life case studies...
9. Intro to Data Analytics
Discover if data is a career fit for you Regardless of your industry or role, fluency in the language of data analytics will allow you to contribute to data driven decision making. In this free, two-hour livestream, you’ll learn to understand, analyze, and interpret data so you too can join the data conversation. We’ll cover how to ask the right questions of your data and basic analytic functionality. Then you’ll apply your new found data analytic skills to a real-world dataset, allowing you...
10. Data Visualization
You will start by building data visualizations and dashboards, considering your audiences to be as effective as possible. Then, you’ll move into drafting presentations using storytelling techniques, visualizations, and animations to provide data-driven recommendations...
11. Intro to Data Analysis
Start your data science journey right with this hands-on introduction to the discipline of data analysis. In this course you'll learn the 5 key stages of the data analysis process and apply them to real data sets using Python libraries NumPy, pandas, and Matplotlib...
12. Introduction to Economic Theories
Wondering why economists have not predicted serious financial crises? Shocked by economic assumptions of human behavior as self-centered and focusing only on what can be measured? Asking yourself if there are no sensible economic alternatives to free markets? Then you are at the right place to learn economics! This is the first online course that teaches economics from a pluralist perspective. Economic pluralism means that a plurality of theoretical and methodological viewpoints is regarded as...
13. The Art and Science of Economic Policy
Economic policy affects every citizen. And economic policymaking is best done as a collaborative process with a wide range of stakeholders. This course brings an understanding of the relevance and impacts of economic policymaking in everyday life, and the ways for citizens to be involved in shaping economic policy, in an accessible and interesting manner. Taught by Dr. Vijay Kelkar and Dr. Ajay Shah, along with Aromar Revi, Director, IIHS, the course synthesises more than one hundred years of...
14. Economics Decoded: 10 Essential Principles Shaping Our World
Master the application of 10 core economics principles to make informed decisions in both professional and personal life...
15. (Oxford) Master Diploma: Economics (Includes Macro/Micro)
NINETY HOURS : Micro/Macro/Global/Business/Behavioural Economics...
16. Data Visualization
Discover how data visualization can communicate insights far more effectively than text or tables. In this course, you’ll learn how to build data visualizations programmatically using Python, and how you can use visualization to both discover and convey trends in your data...
17. Experimental Design & Recommendations
Learn two of the most in-demand skills in the entire field of data science! By the end of this course, you’ll know how to generate personalized recommendations based on user data, as well as run statistically valid tests that produce clean, interpretable results...
18. China’s Economic Transformation Part 1: Economic Reform and Growth in China
In 1978, after nearly 30 years of socialist planning under Mao Zedong, China was one of the world’s poorest countries, saddled with an inefficient, inward-looking economy. Today, China is an upper-middle income country and the world’s largest trading nation, contributing more to global economic growth than any other nation. How could such a remarkable transformation take place? This course will examine in detail the reforms that have contributed to China’s economic development and the current...
19. Social and Economic Networks: Models and Analysis
Learn how to model social and economic networks and their impact on human behavior. How do networks form, why do they exhibit certain patterns, and how does their structure impact diffusion, learning, and other behaviors? We will bring together models and techniques from economics, sociology, math, physics, statistics and computer science to answer these questions. The course begins with some empirical background on social and economic networks, and an overview of concepts used to describe and...
20. Economics: Behavior of Buyers and Sellers & Product Pricing
The Easiest Beginner level Course on Economics with real life examples and graphic content. Perfect for Newbies!...
Top 10 most affordable universities for economic consultants
The most affordable schools for economic consultants are Baruch College of the City University of New York, university of florida, and brigham young university.
If the best universities for economic consultants are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for economic consultants.
1. Baruch College of the City University of New York
New York, NY • Private
In-state tuition
$7,262
Cost of attendance
14,046
2. University of Florida
Gainesville, FL • Private
In-state tuition
$6,381
Cost of attendance
21,034
3. Brigham Young University
Provo, UT • Private
In-state tuition
$5,620
Cost of attendance
18,136
4. Florida State University
Tallahassee, FL • Private
In-state tuition
$5,656
Cost of attendance
21,623
5. California State University - Long Beach
Long Beach, CA • Private
In-state tuition
$6,798
Cost of attendance
18,306
6. SUNY Farmingdale
Farmingdale, NY • Private
In-state tuition
$8,306
Cost of attendance
16,091
7. University of South Florida
Tampa, FL • Private
In-state tuition
$6,410
Cost of attendance
20,456
8. California State University - Bakersfield
Bakersfield, CA • Private
In-state tuition
$7,309
Cost of attendance
16,714
9. USF Sarasota-Manatee
Sarasota, FL • Private
In-state tuition
$5,587
Cost of attendance
13,043
10. California State University - Fullerton
Fullerton, CA • Private
In-state tuition
$6,886
Cost of attendance
17,645
Top 10 hardest universities to get into for economic consultants
The hardest universities for economic consultants to get into are Northwestern University, University of Pennsylvania, and Harvard University.
Some great schools for economic consultants are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for economic consultants based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.
1. Northwestern University
Evanston, IL • Private
Admissions rate
8%
SAT average
1,508
2. University of Pennsylvania
Philadelphia, PA • Private
Admissions rate
8%
SAT average
1,492
3. Harvard University
Cambridge, MA • Private
Admissions rate
5%
SAT average
1,520
4. Johns Hopkins University
Baltimore, MD • Private
Admissions rate
11%
SAT average
1,513
5. University of Southern California
Los Angeles, CA • Private
Admissions rate
13%
SAT average
1,445
6. Washington University in St Louis
Saint Louis, MO • Private
Admissions rate
15%
SAT average
1,506
7. New York University
New York, NY • Private
Admissions rate
20%
SAT average
1,419
8. University of Notre Dame
Notre Dame, IN • Private
Admissions rate
18%
SAT average
1,502
9. Northeastern University
Boston, MA • Private
Admissions rate
19%
SAT average
1,466
10. Boston College
Chestnut Hill, MA • Private
Admissions rate
28%
SAT average
1,429
Top 10 easy-to-apply-to universities for economic consultants
The easiest schools for economic consultants to get into are Oklahoma Wesleyan University, holy names university, and notre dame de namur university.
Some schools are much easier to get into. If you want to start your career as an economic consultant without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for economic consultants.
1. Oklahoma Wesleyan University
Bartlesville, OK • Private
Admissions rate
68%
SAT average
964
2. Holy Names University
Oakland, CA • Private
Admissions rate
70%
SAT average
849
3. Notre Dame de Namur University
Belmont, CA • Private
Admissions rate
82%
SAT average
983
4. University of the Incarnate Word
San Antonio, TX • Private
Admissions rate
88%
SAT average
1,044
5. University of North Texas at Dallas
Dallas, TX • Private
Admissions rate
83%
SAT average
992
6. William Paterson University of New Jersey
Wayne, NJ • Private
Admissions rate
93%
SAT average
994
7. Wayland Baptist University
Plainview, TX • Private
Admissions rate
98%
SAT average
1,003
8. Midwestern State University
Wichita Falls, TX • Private
Admissions rate
71%
SAT average
1,033
9. Mount Saint Mary's University
Los Angeles, CA • Private
Admissions rate
84%
SAT average
1,031
10. University of Baltimore
Baltimore, MD • Private
Admissions rate
78%
SAT average
1,020
Average economic consultant salary by education level
| Economic consultant education level | Economic consultant salary |
|---|---|
| Master's Degree | $91,457 |
| Bachelor's Degree | $82,520 |
| Doctorate Degree | $96,837 |
Economic consultant education FAQs
Have more questions? See all answers to common business and financial questions.
Search for economic consultant jobs
Updated January 8, 2025
Updated January 8, 2025