The document provides information about the career paths of economists and biologists. It details the educational requirements, typical wages, employment outlook and growth potential, and related careers for economists. Most economists obtain a master's degree and have median annual wages of $83,590, though employment growth is expected to be slower than average. Biologists typically need a PhD and have median wages of $55,290, with employment growth expected to be much faster than average for all occupations.

2. “ Many of Life’s failures are people who did not realize how close they were to failure when they gave up” - Thomas Edison Thought About Success

8. Economist Biologist Overview An Economist is an analyst who studies the world of finances. Economists do research, prepare reports and devise economic forecasts. Economists study how society distributes resources, such as land, labor, raw materials, and machinery, to produce goods and services. Biologists study living organisms and their relationship to the environment. They perform research to gain a better understanding of fundamental life processes and apply that understanding to developing new products or processes. Education To pursue a career as an Economist, a PhD in economics is strongly recommended. Most biological scientists need a Ph.D. in biology or one of its subfields to work in independent research or development positions. Jobs in Master and Bachelor’s degrees are also available.

9. Economist Biologist Salary Median annual wage and salary wages of Economists were $83,590 in May 2008. The middle 50 percent earned between $59,390 and $113,590. Median annual wages of zoologists and wildlife Biologists were $55,290 in May 2008. The middle 50 percent earned between $43,060 and $70,500. Outlook and Growth Potential Employment of Economists is expected to grow more slowly than the average for all occupations. In the USA and in the year 2008, there were 14,600 Economists. Employment of biological scientists is expected to increase much faster for all occupations. In the US, there were 31,700 biological scientists in 2008, and in Maryland there were 3,020. Related Careers Sociologists and Political Scientists, Management Analyst, Budget Analyst, Accountant, Farm and Home Financial Managers, and Credit Analyst. Astronomer, Archaeologist, Epidemiologist, Animal Breeder, Soil and Plant Scientist, and a Medical Scientist.