As of 2010, economists earned a median annual salary of $89,450, the BLS reported. Six-figure salaries are not uncommon for economists, particularly those who work in research fields or in certain divisions of the federal government. If you enjoy working with numbers and appreciate the challenge of analyzing numerical data and patterns, knowing how to become an economist could be the first step on the path to a profitable new career.
A career as an economist is an excellent choice for individuals who have a strong interest in economics and applying it to a variety of situations. Economists must pay close attention to detail, have strong quantitative skills, and be able to conduct complex research. Persistence, patience, and good problem solving skills are essential for anyone considering whether and how to become an economist. Economists must also have excellent communication skills and be able to present their data and reports in clear and meaningful ways.
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