Economics and accounting, which involves knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data, belongs to the business and management knowledge domain. Business and management is knowledge of principles and facts related to business administration and accounting, human and material resource management in organizations, sales and marketing, economics, and office information and organizing systems. Other knowledge attributes that belong in this group are
- Administration and Management
- Clerical
- Sales and Marketing
- Customer and Personal Service
- Personnel and Human Resources
The occupations where economics and accounting play a major role are listed below.
Economists
Economists conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. They may also collect and process economic and statistical data using sampling techniques and econometric methods. Other knowledge domains that are considered important for this occupation include english language and mathematics.
Median Annual Salary: $89,450 Projected 10-Year Employment Growth: 5.82%
Budget analysts
Budget analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports. Other knowledge domains that are considered important for this occupation include administration and management, clerical and mathematics.
Median Annual Salary: $68,200 Projected 10-Year Employment Growth: 15.09%
Financial analysts
Financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions. Other knowledge domains that are considered important for this occupation include english language and mathematics.
Median Annual Salary: $74,350 Projected 10-Year Employment Growth: 19.81%
Actuaries
Actuaries analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. They may also ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits. Other knowledge domains that are considered important for this occupation include administration and management, computers and electronics and mathematics.
Median Annual Salary: $87,650 Projected 10-Year Employment Growth: 21.37%
Tax preparers
Tax preparers prepare tax returns for individuals or small businesses. Other knowledge domains that are considered important for this occupation include customer and personal service and mathematics.
Median Annual Salary: $30,990 Projected 10-Year Employment Growth: 2.92%
Tax examiners, collectors, and revenue agents
Tax examiners, collectors, and revenue agents determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations. Other knowledge domains that are considered important for this occupation include clerical and customer and personal service.
Median Annual Salary: $49,360 Projected 10-Year Employment Growth: 13.03%
Chief executives
Chief executives determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers. Other knowledge domains that are considered important for this occupation include administration and management, customer and personal service, english language, personnel and human resources and sales and marketing.
Median Annual Salary: $165,080
Medical and health services managers
Medical and health services managers plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations. Other knowledge domains that are considered important for this occupation include administration and management, customer and personal service, english language and personnel and human resources.
Median Annual Salary: $84,270 Projected 10-Year Employment Growth: 16.01%
Financial examiners
Financial examiners enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. They may also examine, verify, or authenticate records. Other knowledge domains that are considered important for this occupation include clerical, english language and mathematics.
Median Annual Salary: $74,940 Projected 10-Year Employment Growth: 41.16%
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