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Economic developer vs price economist

The differences between economic developers and price economists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a price economist has an average salary of $58,131, 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 a price economist are financial statements, transfer pricing, and data collection.

Economic developer vs price economist overview

Economic DeveloperPrice Economist
Yearly salary$51,285$58,131
Hourly rate$24.66$27.95
Growth rate6%6%
Number of jobs72,804902
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Average age4545
Years of experience--

Economic developer vs price economist salary

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

Economic DeveloperPrice Economist
Average salary$51,285$58,131
Salary rangeBetween $37,000 And $70,000Between $25,000 And $132,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between economic developer and price economist education

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

Economic DeveloperPrice Economist
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Most common majorBusinessEconomics
Most common collegeHarvard UniversityUniversity of Georgia

Economic developer vs price economist demographics

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

Economic DeveloperPrice Economist
Average age4545
Gender ratioMale, 55.3% Female, 44.7%Male, 65.0% Female, 35.0%
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, 4.5% Unknown, 5.4% Hispanic or Latino, 7.9% Asian, 11.6% White, 70.4% American Indian and Alaska Native, 0.2%
LGBT Percentage8%8%

Differences between economic developer and price 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.

Price economist example responsibilities.

  • Manage, utilize, and archive database for commodities in assign areas.
  • Develop and apply sophisticated statistical models in the production of the CPI using SAS software.
  • Develop hedonic regression models using SAS in order to quality adjust apparel price movements within the indexes.
  • Develop, specify, and test econometric models using time-series econometrics, panel-data econometrics, and limit dependent variable techniques.
  • Provide economic and financial analysis, particularly on treasury functions and natural resource taxation.

Economic developer vs price economist skills

Common economic developer skills
  • Data Entry, 14%
  • Financial Statements, 10%
  • Business Community, 8%
  • Technical Assistance, 8%
  • Business Plan, 6%
  • EDA, 5%
Common price economist skills
  • Financial Statements, 47%
  • Transfer Pricing, 44%
  • Data Collection, 10%

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