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The differences between economic research analysts and marketing coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an economic research analyst and a marketing coordinator. Additionally, an economic research analyst has an average salary of $78,261, which is higher than the $48,326 average annual salary of a marketing coordinator.
The top three skills for an economic research analyst include data analysis, stata and SAS. The most important skills for a marketing coordinator are digital marketing, customer service, and marketing campaigns.
| Economic Research Analyst | Marketing Coordinator | |
| Yearly salary | $78,261 | $48,326 |
| Hourly rate | $37.63 | $23.23 |
| Growth rate | 19% | 19% |
| Number of jobs | 84,230 | 91,281 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 80% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
An economic research analyst uses modeling, qualitative analysis, and quantitative methods to gather and evaluate statistical data and economic data. They forecast patterns/trends and discuss economic phenomena by compiling data, analyzing data, reporting data, and applying statistical techniques and models. Besides formulating plans, policies, and recommendations to resolve economic issues, economic research analysts also work hand-in-hand with economists on matters relating to country strategy papers and policy-based loans. They provide research and background material needed in making effective policies.
A marketing coordinator supports the marketing department on deciding strategies and business efforts to develop the brand image and boost customer satisfaction. Marketing coordinators' duties include assisting in advertising campaigns, scheduling promotional events, monitoring sales status, researching current market trends, maintaining a record of existing and potential clients, and contributing ideas to improve the brand's profitability. A marketing coordinator must have excellent critical thinking and writing skills to help with the creation of social media advertisements and marketing content. It also requires impressive time-management and multi-tasking skills, especially on meeting deadlines and making adjustments on the initial plans as needed.
Economic research analysts and marketing coordinators have different pay scales, as shown below.
| Economic Research Analyst | Marketing Coordinator | |
| Average salary | $78,261 | $48,326 |
| Salary range | Between $53,000 And $114,000 | Between $34,000 And $67,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Ariad Pharmaceuticals | Keller Williams Capital Properties |
| Best paying industry | Manufacturing | Technology |
There are a few differences between an economic research analyst and a marketing coordinator in terms of educational background:
| Economic Research Analyst | Marketing Coordinator | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 80% |
| Most common major | Economics | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between economic research analysts' and marketing coordinators' demographics:
| Economic Research Analyst | Marketing Coordinator | |
| Average age | 37 | 37 |
| Gender ratio | Male, 56.6% Female, 43.4% | Male, 27.4% Female, 72.6% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.5% American Indian and Alaska Native, 0.1% | Black or African American, 5.2% Unknown, 5.0% Hispanic or Latino, 12.4% Asian, 10.1% White, 67.2% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |