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Applied Economics Jobs in Indiana (NOW HIRING)

Engineer III Market Design

Carmel, IN ยท On-site

$106K - $131K/yr

Applied econometrics * Industry experience with a Regional Transmission Organization (RTO) or RTO market participant. Appropriate level will be determined based upon experience and knowledge. At MISO ...

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Applied Economics information

See Indiana salary details

$43.8K

$78.1K

$116.6K

How much do applied economics jobs pay per year?

As of Jul 26, 2026, the average yearly pay for applied economics in Indiana is $78,089.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,700.00 and $93,700.00 per year, depending on experience, location, and employer.

What jobs make $1,000,000 a year?

In applied economics, high-earning roles such as senior financial analysts, economic consultants, or executive-level positions in finance and consulting firms can reach or exceed $1,000,000 annually, especially with bonuses and profit sharing. These roles typically require advanced degrees, strong analytical skills, and extensive experience in the field.

What is an Applied Economics job?

An Applied Economics job involves using economic theories, data analysis, and statistical methods to solve real-world problems in industries such as finance, healthcare, government, and consulting. Professionals in this field analyze market trends, evaluate policies, forecast economic outcomes, and provide data-driven recommendations to businesses or policymakers. These roles often require strong analytical skills, proficiency in econometrics, and expertise in using economic models to inform decision-making.

What do applied economists do?

Applied economists analyze economic data and use economic theories to solve real-world problems in areas such as public policy, business, and finance. They often use statistical tools and software to interpret data, develop models, and provide recommendations based on economic principles.

What are applied economics jobs?

Applied economics jobs involve using economic theories and data analysis to solve real-world problems across sectors such as finance, government, consulting, and research. These roles often require skills in statistical software, data interpretation, and economic modeling to inform decision-making and policy development.

What are 5 careers in economics?

Applied economics graduates can pursue careers such as economic analyst, financial analyst, policy advisor, market researcher, and economic consultant. These roles often require strong analytical skills, proficiency with data analysis tools, and understanding of economic theories. They are found in government agencies, financial institutions, consulting firms, and research organizations.

What are the typical projects or responsibilities for someone working in Applied Economics?

Professionals in Applied Economics often focus on projects that use data analysis and economic modeling to solve real-world problems, such as forecasting market trends, evaluating public policies, or advising businesses on strategic decisions. Day-to-day tasks might include gathering and cleaning large datasets, conducting econometric analysis, preparing reports, and presenting findings to stakeholders. Collaboration with interdisciplinary teams such as data scientists, business strategists, or policymakers is common to ensure accurate interpretation and implementation of results. This role offers excellent opportunities for career growth, as applied economists are in high demand across sectors like finance, government, consulting, and research institutions.

What are the key skills and qualifications needed to thrive in the Applied Economics position, and why are they important?

To thrive in Applied Economics, a strong background in economic theory, quantitative analysis, and statistical modeling is essential, typically supported by a relevant degree such as economics, mathematics, or statistics. Proficiency with statistical software tools like Stata, R, SAS, or Python, and sometimes certifications in data analysis, are highly valued. Outstanding analytical thinking, problem-solving abilities, and clear communication skills help distill complex data into actionable insights for both technical and non-technical audiences. Mastery of these skills enables professionals to provide evidence-based recommendations that drive real-world business or policy decisions.

What cities in Indiana are hiring for Applied Economics jobs? Cities in Indiana with the most Applied Economics job openings:
Infographic showing various Applied Economics job openings in Indiana as of July 2026, with employment types broken down into 76% Full Time, 22% Part Time, and 2% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $78,089 per year, or $37.5 per hour.

$106K/yr

Other

Posted 9 days ago


Job description

WHAT IS DATA AND ANALYTICS OFFICE?
A description of the business units can be found at: https://www.jobs.irs.gov/about/who/business-divisions

  • Position(s) are to be filled in the following area(s):
    • DAO-DATA AND ANALYTICS OFFICE (DAO)-RESEARCH, APPLIED ANALYTICS & STATISTICS (RAAS)
  • Consider each location carefully when applying. If you are selected for a location, that location will become your official post of duty.
REVIEW THE ADDITIONAL INFORMATION BELOW FOR FURTHER DETAILSQualifications:Federal experience is not required. Experience may have been gained in the public sector, private sector or through Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week, on your resume.
You must meet the following requirements by the closing date of this announcement.
QUALIFICATION REQUIREMENTS: To qualify for this position, you must meet the qualification requirements outlined below:
BASIC REQUIREMENTS All GRADES: A degree in Economics that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
OR
COMBINATION OF EDUCATION AND EXPERIENCE: A combination of education and experience that includes courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education.
Evaluation of Experience
Examples of qualifying experience include:
  1. Individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation;
  2. Supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or
  3. Teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.

Experience in related fields that did not involve the use and understanding of economic principles and theories may not be used as qualifying experience for these positions. Special attention on this point should be given to certain types of work that may or may not have provided professional economic experience. The following examples of work require special care in such determinations:
  1. Economic statistics;
  2. Industrial surveys;
  3. Management of individual business enterprises, including farms;
  4. Industrial planning;
  5. Writing or editorial work in economic subjects; and
  6. Financial market analysis.

AND
SPECIALIZED EXPERIENCE FOR GS-13:
You must have 1 year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in Federal service. Specialized experience for this position includes:
  • Applying economic theory, statistical methods, and data analytics to evaluate tax administration, compliance strategies and/or organizational operations.
  • Using data systems or research tools to perform compliance, research, or analytics studies to provide recommendations.
  • Utilizing data and analytics programs to support decision-making.
  • Using statistical software, programming tools, and data visualization techniques to analyze data reports and present findings to management or stakeholders.
  • Developing, analyzing, and presenting statistical information, recognizing and adopting new techniques to fit the needs of research projects and preparing comprehensive reports.
  • Communicating technical analytical findings both orally and in writing to Executives, Senior Leadership, and non-technical audiences.

AND
You must also meet the following requirements:
  • MINIMUM AGE REQUIREMENT: Minimum age for federal employment is 18 years old, or at least 16 years old and have:
    • Graduated from high school or been awarded a certificate equivalent to graduating from high school; or
    • Completed a formal vocational training program; or
    • Received a statement from school authorities agreeing with your preference for employment rather than continuing your education

For more information on qualifications please refer to OPM's Qualifications Standards.Education:A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to Department of Education Accreditation page.
FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying. Click here (Section 3, Explanation of Terms) or here for Foreign Education Credentialing instructions.
We recommend choosing an evaluator from a member organization of one of the following national associations of credential evaluation services: National Association of Credential Evaluation Services (NACES) or Association of International Credentials Evaluators (AICE).Employment Type: OTHER