Environmental Economist

Your Fit

Income

$94K

Preparation

Extensive

Growth

6.3%

Definition
Your fit with this career
How much they earn
What they do
Job satisfaction
How to become

What is an Environmental Economist?

An Environmental Economist studies and analyzes the economic impacts of environmental policies, resource use, and conservation efforts. They integrate economics with environmental studies to understand how economic activities affect the environment and how environmental changes can impact economies.

Sample job titles:

Environmental Economist, Natural Resource Economist, Research Economist, Resource Economist

Your test results

Why this fit score?

The fit report shows your areas of fit and misfit with Environmental Economist.

Fit report

Test scores

The scores report summarizes what we learned about you. It shows your results on everything measured in the career test.

Scores report

How much does an Environmental Economist earn

Income data is from Employment and Social Development Canada's 2024 wage tables. The closest match for this career in Canada’s occupational classification system is Environmental Economist.

Bottom 10%	Bottom 25%	Median (average)	Top 25%	Top 10%
$64K per year	$76K per year	$94K per year	$117K per year	$139K per year

Compared to other careers: Median is $29K above the national average.

See income by country/state/province

What does an Environmental Economist do?

Work environment

Environmental Economists typically work in offices, often for government agencies, research institutions, non-profit organizations, or private consulting firms. Their work involves data analysis, policy development, and report writing, frequently collaborating with other economists, environmental scientists, and policymakers.

Quick task list

Analyzes economic data related to environmental resources and policies.
Develops economic models to predict the impacts of environmental changes.
Advises on the economic feasibility of environmental policies and projects.
Writes reports and publishes research findings.
Collaborates with stakeholders to develop sustainable economic policies.

See full list of tasks with expert relevance ratings

Areas of specialization

Natural Resource Economics: Focuses on the efficient and sustainable use of natural resources.
Environmental Valuation: Assigns economic value to environmental goods and services.
Climate Change Economics: Studies the economic implications of climate change and mitigation strategies.
Energy Economics: Concentrates on the economics of energy production and consumption.
Environmental Policy Analysis: Involves analyzing and developing economic policies for environmental protection.

Description

Environmental Economists play a crucial role in bridging the gap between economics and environmental science. They apply economic theories and techniques to environmental issues, such as resource depletion, pollution control, and climate change. Their work helps in understanding how economic activities and policies can affect the environment and vice versa.

These professionals use various economic tools and models to analyze data and predict trends. They also assess the costs and benefits of environmental policies, conservation programs, and resource management strategies. Their insights are vital for making informed decisions that balance economic growth with environmental sustainability.

The field requires strong analytical skills, proficiency in statistics, and a deep understanding of both economic and environmental principles. Environmental Economists must also communicate complex concepts effectively to policymakers, businesses, and the public.

Job Satisfaction

Sources of satisfaction

Contributing to the development of sustainable environmental policies.
Engaging in work that addresses pressing global challenges like climate change.
The intellectual stimulation of applying economic principles to complex environmental issues.

You might make a good Environmental Economist if you are...

Interested in economics and passionate about environmental conservation.
Skilled in data analysis and statistical methods.
Adept at critical thinking and problem-solving.
Capable of communicating complex economic concepts clearly.
Interested in policy development and research.

Pros:

Opportunity to influence important environmental and economic policies.
Diverse career opportunities in government, academia, and private sector.
Intellectual challenge and satisfaction from addressing global issues.

Cons:

The complexity of integrating economic models with environmental variables.
Navigating differing opinions and interests in policy development.
The need for continual learning to keep up with evolving environmental and economic issues.

How to become an Environmental Economist

Typical education

A bachelor's degree in economics, environmental economics, or a related field is usually required, taking about 4 years. Many positions, especially those in research or academia, require a master's degree or Ph.D., adding another 2-6 years of education.

High school preparation

Courses:

Economics to understand basic economic principles and theories.
Mathematics, especially Statistics, for data analysis skills.
Environmental Science to gain an understanding of ecological systems.
Social Studies to develop a broader perspective on societal issues.

Extra-Curricular Activities:

Participating in debate clubs or model United Nations.
Engaging in environmental clubs or sustainability initiatives.
Volunteering for community-based environmental projects.

Preparation after high school

Pursue a bachelor's degree in economics, environmental economics, or a related field.
Gain experience through internships in economic research or environmental policy.
Consider advanced degrees for specialized roles or research positions.

More resources

National Association of Environmental Professionals (NAEP) - Provides resources and networking for environmental professionals.
Resources for the Future (RFF) - A research institution focusing on environmental and economic policy.
Journal of Environmental Economics and Management - Publishes research in the field of environmental economics.
Environmental Economics Blog - Offers insights and discussions on current environmental economic issues.
Economic Policy Institute (EPI) - A think tank that provides research and analysis on economic policies, including those affecting the environment.

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Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.