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Senior economist vs agricultural economist

The differences between senior economists and agricultural economists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior economist has an average salary of $108,720, which is higher than the $71,697 average annual salary of an agricultural economist.

The top three skills for a senior economist include econometrics, macro and research projects. The most important skills for an agricultural economist are economic analysis, USDA, and economic data.

Senior economist vs agricultural economist overview

Senior EconomistAgricultural Economist
Yearly salary$108,720$71,697
Hourly rate$52.27$34.47
Growth rate6%6%
Number of jobs9401,119
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 51%
Average age4545
Years of experience--

What does a senior economist do?

Senior economists are professionals who perform complex research on topics about economics and policies related to the financial field, such as banking, international regulations, and monetary policies. These economists manage a team of economists and assign staff in research projects to ensure that their deliverables are accurate and present. They must provide business owners with recommendations to address problem areas that are identified through the analysis of data. Senior economists must also assist statistician in performing data analysis and research.

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.

Senior economist vs agricultural economist salary

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

Senior EconomistAgricultural Economist
Average salary$108,720$71,697
Salary rangeBetween $61,000 And $191,000Between $33,000 And $155,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateCaliforniaAlaska
Best paying companyCornerstone ResearchU.S. Department of Education
Best paying industryProfessional-

Differences between senior economist and agricultural economist education

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

Senior EconomistAgricultural Economist
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 51%
Most common majorEconomicsAgricultural Business
Most common collegeHarvard UniversityHarvard University

Senior economist vs agricultural economist demographics

Here are the differences between senior economists' and agricultural economists' demographics:

Senior EconomistAgricultural Economist
Average age4545
Gender ratioMale, 71.5% Female, 28.5%Male, 75.3% Female, 24.7%
Race ratioBlack or African American, 5.9% Unknown, 5.6% Hispanic or Latino, 10.9% Asian, 15.5% White, 61.9% 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 senior economist and agricultural economist duties and responsibilities

Senior economist example responsibilities.

  • Lead the department research in forecasting and econometrics.
  • Lead training session and mentore of co-workers in using SAS programming to perform quantitative analysis.
  • Organize and lead strategic meetings between senior management and local communities, NGOs, and government agencies.
  • Manage junior employees, teaching them SAS and company data, and ensuring their deliverables are accurate and clearly present.
  • Lead the advanced receiver hardware prototyping and evaluate the receiver performance.
  • Work with the banking industry to develop lending facilities for the SME segment.
  • Show more

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.

Senior economist vs agricultural economist skills

Common senior economist skills
  • Econometrics, 10%
  • Macro, 8%
  • Research Projects, 8%
  • SAS, 6%
  • Data Analysis, 6%
  • Economic Analysis, 5%
Common agricultural economist skills
  • Economic Analysis, 23%
  • USDA, 15%
  • Economic Data, 13%
  • SQL, 10%
  • Market Analysis, 7%
  • SAS, 7%

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