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Economic developer vs agricultural economist

The differences between economic developers and agricultural economists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an agricultural economist has an average salary of $71,697, which is higher than the $51,285 average annual salary of an economic developer.

The top three skills for an economic developer include data entry, financial statements and business community. The most important skills for an agricultural economist are economic analysis, USDA, and economic data.

Economic developer vs agricultural economist overview

Economic DeveloperAgricultural Economist
Yearly salary$51,285$71,697
Hourly rate$24.66$34.47
Growth rate6%6%
Number of jobs72,8041,119
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 51%
Average age4545
Years of experience--

What does an economic developer do?

While a development specialist works on creating plans for community development, the economic developer helps implement the development strategies set forth by specialists. They help in the distribution of survey questionnaires and the collection of data, as well as the interpretation of results. The economic developer also helps in business creation, retention, and expansion. They take leads in developing a private sector-public relationship in terms of funding for project implementation. They are knowledgeable and have good communication skills.

What does an agricultural economist do?

An agricultural economist works in production and logistics in the farming industry. Their main task is to organize systems to make procedures efficient and cost-effective. In the agricultural sector, economists are vital, as they help determine how to manage limited resources to get the maximum profit. An agricultural economist must have profound knowledge of agriculture and know strategies to improve an agriculture-based company's yield and profit.

Economic developer vs agricultural economist salary

Economic developers and agricultural economists have different pay scales, as shown below.

Economic DeveloperAgricultural Economist
Average salary$51,285$71,697
Salary rangeBetween $37,000 And $70,000Between $33,000 And $155,000
Highest paying City-Washington, DC
Highest paying state-Alaska
Best paying company-U.S. Department of Education
Best paying industry--

Differences between economic developer and agricultural economist education

There are a few differences between an economic developer and an agricultural economist in terms of educational background:

Economic DeveloperAgricultural Economist
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 51%
Most common majorBusinessAgricultural Business
Most common collegeHarvard UniversityHarvard University

Economic developer vs agricultural economist demographics

Here are the differences between economic developers' and agricultural economists' demographics:

Economic DeveloperAgricultural Economist
Average age4545
Gender ratioMale, 55.3% Female, 44.7%Male, 75.3% Female, 24.7%
Race ratioBlack or African American, 6.3% Unknown, 5.6% Hispanic or Latino, 11.9% Asian, 11.2% White, 64.6% American Indian and Alaska Native, 0.2%Black or African American, 5.6% Unknown, 5.5% Hispanic or Latino, 10.4% Asian, 16.5% White, 61.7% American Indian and Alaska Native, 0.2%
LGBT Percentage8%8%

Differences between economic developer and agricultural economist duties and responsibilities

Economic developer example responsibilities.

  • Develop windows forms programs to automate manual in-house processes integrate with third party applications using Microsoft VB.Net.
  • Research banking trends and deliver weekly PowerPoint presentations on economic conditions and monetary policy.
  • Perform all aspects of analysis including data acquisition and manipulation, programming, data visualization, and presentation of results.
  • Research banking trends and deliver weekly PowerPoint presentations on economic conditions and monetary policy.

Agricultural economist example responsibilities.

  • Manage, utilize, and archive database for commodities in assign areas.
  • Analyze banking/economic data and advise senior FDIC officials on potential risk to financial institutions.
  • Develop, specify, and test econometric models using time-series econometrics, panel-data econometrics, and limit dependent variable techniques.
  • Support the competition peer review, in which OECD analyzes the competition policy in Colombia and formulates some policy recommendations.

Economic developer vs agricultural economist skills

Common economic developer skills
  • Data Entry, 14%
  • Financial Statements, 10%
  • Business Community, 8%
  • Technical Assistance, 8%
  • Business Plan, 6%
  • EDA, 5%
Common agricultural economist skills
  • Economic Analysis, 23%
  • USDA, 15%
  • Economic Data, 13%
  • SQL, 10%
  • Market Analysis, 7%
  • SAS, 7%

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