What does an Economist earn?

Economists are highly sought-after professionals, with the average salary for economists in the United States estimated to be around $132,650 per year. From individuals to corporations, economists help to make informed decisions based on data, analysis and understanding of economic principles. Advanced economists may opt to specialize in particular areas such as macroeconomics, microeconomics or international economics.

How to earn more as an Economist

To become an economist, you will need to study a degree in economics, econometrics, finance, or statistics. An alternative option would be to take a degree apprenticeship in the field. To move up in the field, you could pursue specialisations like health economics, public economics or international economics. Additionally, you could get a role in management, or even become self-employed or set up your own consultancy.