Economics Jobs and MBA Programs in North Dakota

Those looking for careers as economic analysts should consider the educational and employment opportunities in North Dakota. There are currently 1,220 jobs for economic analysts in North Dakota and national projections show the job pool increasing by seven percent over the next 10 years. In general, economic analysts conduct research, prepare reports and formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.

North Dakota photo by Bobak Ha'Eri

State figures show that economic analysts in North Dakota earn $41 per hour or $85,000 per year on average. In the U.S. as a whole, their income is $53 hourly or $110,000 per year on average.

Also known as the Flickertail State, North Dakota has a population of 646,844. It's population has increased 0.7 percent over the last 10 years. The state capital is Bismarck. There were 498,718 total jobs in 2008 and workers in North Dakota earned more than the previous year with an average annual income of $39,874, up from $36,678. The unemployment rate in North Dakota was 4.3 percent in 2009. It went up by 1.1 percentage points since the previous year. The number of residents with a college degree is 22.0 percent. This is under the national average.

The top employing fields in North Dakota include farm product raw material merchant wholesalers, farm machinery merchant wholesalers, lawn equipment stores and farm supply stores.

While being known for many things, one of the most noteworthy, Devils Lake is the largest natural body of water in North Dakota. Devils Lake derives its name from the Native American name Miniwaukan. Early explorers incorrectly translated the word to mean Bad Spirit. Bolstered by the many legends of drowned warriors and lake monsters the name evolved into Devils Lake. This very fertile prairie lake grows large numbers of the fish known as walleye, northern pike, and white bass. The lake has earned the reputation of being the Perch Capital of the World. One of the unique tidbits about North Dakota is Dakota Gasification Company in Beulah is the nation's only synthetic natural gas producer.

Economics

Economic analysts conduct research, prepare reports and formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.

While working, they recommend investments and investment timing. Also, they analyze financial information to forecast economic conditions.

They are required to manage and maintain budgets and other financial resources and evaluate and judge the efficacy of solutions.

Economic analysts must be able to evaluate problems as they arise. They should also have the ability to articulate ideas and problems.

In order to be successful in the workplace, economic analysts must have exceptional integrity and believe in cooperation and coordination.