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The differences between psychology research assistants and economic research assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a psychology research assistant and an economic research assistant. Additionally, an economic research assistant has an average salary of $59,920, which is higher than the $54,582 average annual salary of a psychology research assistant.
The top three skills for a psychology research assistant include data collection, SPSS and research projects. The most important skills for an economic research assistant are BLS, data collection, and statistical data.
| Psychology Research Assistant | Economic Research Assistant | |
| Yearly salary | $54,582 | $59,920 |
| Hourly rate | $26.24 | $28.81 |
| Growth rate | 19% | 6% |
| Number of jobs | 48,891 | 47,035 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 73% |
| Average age | 38 | 38 |
| Years of experience | 2 | 2 |
Psychologists are responsible for studying cognitive and social processes through observation and therapy. They typically focus on understanding and articulating the emotions, thoughts, behaviors, and feelings of their clients. Their typical day-to-day duties may include researching clients' behavior and brain functionality, identifying emotional and behavioral patterns of their clients, and diagnosing and treating emotional, mental, or behavioral disorders. Other duties include developing programs to address psychological issues and collaborating with other health care professionals or social workers in treating patients.
Working alongside economists and social scientists, an economic research assistant delves deeper into the principles, evolution, and current trends in the economy. They help develop surveys and polls that might help get citizens' thoughts on the economy and market. They must have ample knowledge of computers, data entry, and basic arithmetic and statistics to input data and acquire results immediately. They work to assist economists in providing citizens real-time reports on societal and economic trends, and market exchanges.
Psychology research assistants and economic research assistants have different pay scales, as shown below.
| Psychology Research Assistant | Economic Research Assistant | |
| Average salary | $54,582 | $59,920 |
| Salary range | Between $34,000 And $86,000 | Between $35,000 And $101,000 |
| Highest paying City | Piscataway, NJ | Boston, MA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | MassBay Community College | The George Washington University |
| Best paying industry | Education | Finance |
There are a few differences between a psychology research assistant and an economic research assistant in terms of educational background:
| Psychology Research Assistant | Economic Research Assistant | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 73% |
| Most common major | Psychology | Economics |
| Most common college | Harvard University | Harvard University |
Here are the differences between psychology research assistants' and economic research assistants' demographics:
| Psychology Research Assistant | Economic Research Assistant | |
| Average age | 38 | 38 |
| Gender ratio | Male, 27.2% Female, 72.8% | Male, 54.6% Female, 45.4% |
| Race ratio | Black or African American, 9.6% Unknown, 6.0% Hispanic or Latino, 16.9% Asian, 11.5% White, 54.9% American Indian and Alaska Native, 1.1% | Black or African American, 8.6% Unknown, 6.0% Hispanic or Latino, 15.3% Asian, 16.7% White, 52.4% American Indian and Alaska Native, 1.0% |
| LGBT Percentage | 8% | 8% |