Career Environmental Economist2

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Powerpoint presentation on a career as an Environmental Economist

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Career Environmental Economist2

  1. 1. Environmental Economist
  2. 2. What is Environmental Economics? <ul><li>Environmental economics is about balancing peoples wants and needs for products and services with the necessity of protecting natural resources and the environment </li></ul><ul><ul><li>Land development vs species richness </li></ul></ul><ul><ul><li>Harvesting trees now vs in the future </li></ul></ul><ul><li>Many issues have broad social and cultural and political implications beyond those in traditional economics </li></ul>
  3. 3. Two Focuses <ul><li>Environmental Economics </li></ul><ul><ul><li>Focus on human preferences (demand) </li></ul></ul><ul><li>Ecological Economics </li></ul><ul><ul><li>Focus on environmental and science consequences (supply side) </li></ul></ul>
  4. 4. What insight do these economists give? <ul><li>Many people do not give full credit to your standard “environmentalist” because of their bias background. </li></ul><ul><li>Environmental Economists speak in dollars and cents which is a more universal language to outsiders. </li></ul><ul><li>They give monetary reasoning behind policy decisions </li></ul><ul><li>Show costs and benefits to different policy and decisions made by representatives. </li></ul>
  5. 5. Education <ul><li>Difficult to obtain a degree or certification in “Environmental Economics” </li></ul><ul><li>More programs are being recognized and availability is increasing </li></ul><ul><ul><li>MSU, UCSD, Duke </li></ul></ul><ul><li>Possible classes: </li></ul><ul><ul><li>Green accounting </li></ul></ul><ul><ul><li>Natural resource policy </li></ul></ul><ul><ul><li>Land use planning and policy </li></ul></ul><ul><ul><li>International relations and the environment </li></ul></ul>
  6. 6. Professional outlook <ul><li>Same jobs as regular economists </li></ul><ul><li>Work with variable that are not traditional </li></ul><ul><li>Work within a variety of sectors and fields </li></ul><ul><li>Environmental economics is becoming more important within traditional sciences </li></ul><ul><li>Employers: </li></ul><ul><ul><li>Private 90% </li></ul></ul><ul><ul><li>Government 10% </li></ul></ul>
  7. 7. Expected Salary <ul><li>Median Annual earnings for “Environmental Economists”: $64,830 </li></ul><ul><li>Entry level for government employed economists in 2001: $21,900 </li></ul><ul><li>Masters degree entry level: $33,300 </li></ul><ul><li>Obviously as experience increases so does salary </li></ul>
  8. 8. What do environmental economists do with their lives? <ul><li>Teach environmental economics or other related subjects </li></ul><ul><li>Work for environmental consulting firms </li></ul><ul><li>Work for NGEO </li></ul><ul><li>Work for the government </li></ul><ul><ul><li>Jobs within the EPA </li></ul></ul><ul><ul><ul><li>Research </li></ul></ul></ul><ul><ul><ul><li>Programmatic support for policy (analysis and tools) </li></ul></ul></ul><ul><ul><ul><li>Policy and Program analysis </li></ul></ul></ul>
  9. 9. Why am I Interested? <ul><li>Different view than the traditional environmental view </li></ul><ul><li>Easier to communicate with people using dollars and cents </li></ul><ul><ul><li>Turns non-traditional goods into marketable goods </li></ul></ul><ul><li>People are more likely to respond to immediate economic consequences than long term environmental problems. </li></ul>

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