Bioenergy Career Map: Senior Economist

• Skill in the organization, direction, and coordination of difficult research programs of major economic significance
• Demonstrated competence in economics research resulting in important contributions to fundamental knowledge in the field
• Demonstrated experience with consultative or advisory work regarding the economic aspects of important executive, or legislative programs or services.

As the bioenergy industry grows, the sector will need skilled individuals who can estimate the economic effects of specific changes in legislation or public policy. Economists help fill this role, as they monitor important economic trends and can develop financial forecasts of the bioenergy sector. This information provides key insights to investors and bio-based companies.

Economists apply their knowledge of theoretical and empirical mathematical modeling to estimate the risks, costs, and impacts of financial market fluctuations and regulatory policy changes. From this they can make projections concerning economic factors related to energy market conditions, or energy industry practices.

At the senior or supervisory level, an economist works as the lead manager in the preparation of methodological research, data analysis, and brief summaries. A Ph.D. in Economics or a related field is recommended. Equivalent experience or training may substitute for an advanced degree. Experience in the energy field is preferred.