Senior economist vs price economist

The differences between senior economists and price 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 $58,131 average annual salary of a price economist.

The top three skills for a senior economist include econometrics, macro and research projects. The most important skills for a price economist are financial statements, transfer pricing, and data collection.

Senior economist vs price economist overview

	Senior Economist	Price Economist
Yearly salary	$108,720	$58,131
Hourly rate	$52.27	$27.95
Growth rate	6%	6%
Number of jobs	940	902
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 65%
Average age	45	45
Years of experience	-	-

Senior economist vs price economist salary

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

	Senior Economist	Price Economist
Average salary	$108,720	$58,131
Salary range	Between $61,000 And $191,000	Between $25,000 And $132,000
Highest paying City	Washington, DC	-
Highest paying state	California	-
Best paying company	Cornerstone Research	-
Best paying industry	Professional	-

Differences between senior economist and price economist education

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

	Senior Economist	Price Economist
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 65%
Most common major	Economics	Economics
Most common college	Harvard University	University of Georgia

Senior economist vs price economist demographics

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

	Senior Economist	Price Economist
Average age	45	45
Gender ratio	Male, 71.5% Female, 28.5%	Male, 65.0% Female, 35.0%
Race ratio	Black 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, 4.5% Unknown, 5.4% Hispanic or Latino, 7.9% Asian, 11.6% White, 70.4% American Indian and Alaska Native, 0.2%
LGBT Percentage	8%	8%

Differences between senior economist and price 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.

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.

Senior economist vs price economist skills

Common senior economist skills

Econometrics, 10%
Macro, 8%
Research Projects, 8%
SAS, 6%
Data Analysis, 6%
Economic Analysis, 5%

Common price economist skills

Financial Statements, 47%
Transfer Pricing, 44%
Data Collection, 10%

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Senior Economist vs Price Economist

Updated January 8, 2025

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