Do you care about issues like climate change, environmental stability, and indigenous rights? These are exactly the types of issues you'll be dealing with if you choose to become an energy economist. These economists frequently work for government agencies, research institutions, and academic organizations.
If you work for a government agency, you'll be expected to look at how the use of energy, including its production and transport, impacts the environment. You'll also calculate the cost of environmental impacts to determine which policy proposals should be undertaken to address energy needs.
Many energy economists also work for private companies and help them by advising about which energy investments to pursue. Energy economists can also use their expertise to work as energy loan specialists, energy project financial analysts, or energy business analysts. If you're hoping to get into this line of work, you'll need to get Bachelor's degree with an environmental focus.
There is more than meets the eye when it comes to being an energy economist. For example, did you know that they make an average of $35.54 an hour? That's $73,930 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 1,700 job opportunities across the U.S.
There are certain skills that many energy economists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, speaking skills and writing skills.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the energy economist job title. But what industry to start with? Most energy economists actually find jobs in the technology and finance industries.
If you're interested in becoming an energy economist, one of the first things to consider is how much education you need. We've determined that 45.8% of energy economists have a bachelor's degree. In terms of higher education levels, we found that 41.7% of energy economists have master's degrees. Even though most energy economists have a college degree, it's impossible to become one with only a high school degree or GED.
You may find that experience in other jobs will help you become an energy economist. In fact, many energy economist jobs require experience in a role such as economist. Meanwhile, many energy economists also have previous career experience in roles such as senior director or vice president.