Evaluate existing evidence generation assets (e.g., economic models) to assess methodological rigor and identify opportunities for enhancement across the product lifecycle * Translate model outputs ...
Evaluate existing evidence generation assets (e.g., economic models) to assess methodological rigor and identify opportunities for enhancement across the product lifecycle * Translate model outputs ...
Evaluate existing evidence generation assets (e.g., economic models) to assess methodological rigor and identify opportunities for enhancement across the product lifecycle * Translate model outputs ...
Evaluate existing evidence generation assets (e.g., economic models) to assess methodological rigor and identify opportunities for enhancement across the product lifecycle * Translate model outputs ...
Evaluate existing evidence generation assets (e.g., economic models) to assess methodological rigor and identify opportunities for enhancement across the product lifecycle * Translate model outputs ...
Evaluate existing evidence generation assets (e.g., economic models) to assess methodological rigor and identify opportunities for enhancement across the product lifecycle * Translate model outputs ...
College Economics Tutor
Lake Forest, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Lake Forest, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Des Plaines, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Des Plaines, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Chicago, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Chicago, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Champaign, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Champaign, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Dekalb, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Dekalb, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Normal, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Normal, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Oak Lawn, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Oak Lawn, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Buffalo Grove, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Buffalo Grove, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Evanston, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Evanston, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Highland Park, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Highland Park, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Naperville, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Naperville, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
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Wheaton, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
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Wheaton, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
College Economics Tutor
Schaumburg, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
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Schaumburg, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
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Skokie, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
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Skokie, IL · Remote
$18 - $40/hr
Skilled at breaking down mathematical economic modeling, graphical analysis, and policy evaluation. Guides students through deriving demand curves from utility functions, analyzing firm behavior ...
Perform quantitative research, econometric analysis and forecasting on power and fuel markets utilizing internal models and contribute to the development of company's market analytics platform (Zonal ...
Perform quantitative research, econometric analysis and forecasting on power and fuel markets utilizing internal models and contribute to the development of company's market analytics platform (Zonal ...
Manager, Transmission Market Analytics
Chicago, IL · On-site
$124 - $172/hr
Keep abreast of developments across the power & renewables industryPerform quantitative research, econometric analysis and forecasting on power and fuel markets utilizing internal models and ...
Manager, Transmission Market Analytics
Chicago, IL · On-site
$124 - $172/hr
Keep abreast of developments across the power & renewables industryPerform quantitative research, econometric analysis and forecasting on power and fuel markets utilizing internal models and ...
Perform quantitative research, econometric analysis and forecasting on power and fuel markets utilizing internal models and contribute to the development of company's market analytics platform (Zonal ...
Perform quantitative research, econometric analysis and forecasting on power and fuel markets utilizing internal models and contribute to the development of company's market analytics platform (Zonal ...
Economic Modeling information
See Illinois salary details
$32K - $42.2K
2% of jobs
$42.2K - $52.5K
1% of jobs
$52.5K - $62.8K
2% of jobs
$62.8K - $73K
5% of jobs
$73K - $83.3K
8% of jobs
$90.7K is the 25th percentile. Wages below this are outliers.
$83.3K - $93.6K
8% of jobs
$93.6K - $103.8K
5% of jobs
The median wage is $107.1K / yr.
$103.8K - $114.1K
54% of jobs
$114.1K - $124.3K
12% of jobs
$124.3K - $134.6K
1% of jobs
$134.6K - $144.9K
1% of jobs
$32K
$104.3K
$144.9K
How much do economic modeling jobs pay per year?
What is economic modeling?
An Economic Modeling job involves using mathematical and statistical techniques to analyze economic data, forecast trends, and evaluate policies or business decisions. Professionals in this role develop models to simulate economic scenarios and assess the potential impact of various factors, such as policy changes, market fluctuations, or consumer behavior. They work in industries like government, finance, consulting, and academia to provide data-driven insights that support decision-making. Strong analytical skills, proficiency in software like Python, R, or Excel, and a background in economics or finance are typically required.
What are the key skills and qualifications needed to thrive in economic modeling?
To thrive in Economic Modeling, a strong background in economics, statistics, and mathematics is essential, typically supported by at least a bachelor's degree in a quantitative field. Familiarity with econometric software and programming languages such as R, Python, SAS, or Stata is highly valued, along with certifications in data analysis or applied economics. Strong analytical thinking, attention to detail, and the ability to communicate complex findings clearly are crucial soft skills for this role. These skills enable professionals to develop accurate models and deliver actionable insights that support evidence-based decision-making in business or policy.
What are the common challenges faced in economic modeling?
One of the primary challenges in Economic Modeling is ensuring the accuracy and reliability of complex forecasts in the face of uncertain or incomplete data. Economic modelers must regularly update and recalibrate models to reflect changing market conditions, regulations, and global events. Collaboration with data analysts, business leaders, and policy experts is often required to validate assumptions and interpret results. Successfully balancing theoretical rigor with practical application is key, and continuous learning is important for staying current with new modeling techniques and technologies.
What do economic modeling do?
What are popular job titles related to Economic Modeling jobs in Illinois?
For Economic Modeling jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Economic Modeling jobs in Illinois look for?
The top searched job categories for Economic Modeling jobs in Illinois are:

Full-time
Medical, Life, Retirement
Re-posted 18 days ago
Abbott rating
7.8
Based on 138 frontline employees who took The Breakroom Quiz
174th of 544 rated manufacturers
Job description
Global Health Economics & Outcomes Research (HEOR) Lead
Value, Access, & Outcomes (VAO)
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You'll also have access to:
Career development with an international company where you can grow the career you dream of.
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with a high employer contribution.
Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor's degree.
A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
The Global Health Economics & Outcomes Research (HEOR) Lead will
work on site daily from our Lake Forest, IL location in the InfectiousDisease Business Unit in Abbott Diagnostics. This position reports to the Head of Value, Access, & Outcomes within the Medical & Scientific Affairs organization.
We're empowering smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott's diagnostics instruments, providing lab results for millions of people.
What You'll Work On
The Global Health Economics & Outcomes Research (HEOR) Lead will lead the development and execution of global HEOR strategies, ensuring effective implementation across markets to support Abbott's Infectious Disease Rapid Diagnostics portfolio. This role is a key leader within the Value, Access, and Outcomes (VAO) organization, responsible for generating compelling economic, clinical, and operational evidence from pipeline and throughout the product lifecycle.
This role partners closely with cross-functional stakeholders to develop and optimize Integrated Evidence Plans (IEPs) to support reimbursement and funding, policy decision-making, and value communications across the portfolio.
The Global Health Economics & Outcomes Research Lead designs and oversees a comprehensive range of HEOR strategies and tactics, including real-world evidence (RWE) studies, outcomes research, and health economic modeling (e.g., cost-effectiveness and budget impact analyses), ensuring robust evidence generation that demonstrates the clinical, economic, and operational value of Abbott's point-of-care rapid diagnostics.
HEOR & Evidence Strategy Leadership
Define and lead the global HEOR and RWE strategy aligned with business priorities across pipeline and on-market diagnostic products
Ensure early integration of HEOR into product development, clinical strategy, and lifecycle management
Evidence Generation & Execution
Leads the design and execution of HEOR evidence generation, including real-world evidence studies, health economic modeling, andoutcomesresearch such as workflow efficiency, healthcare resourceutilization, and patient-reported outcomes
Integrate clinical and operational outcomes into evidence strategies to demonstrate real-world impact
Leadevidencesynthesis activities, including systematic literature reviews, meta-analyses, and indirect treatment comparisons
Evaluate existing evidence generation assets (e.g., economic models) to assess methodological rigor and identify opportunities for enhancement across the product lifecycle
Translate model outputs into stakeholder-ready insights, incorporating market feedback to refine analyses, and ensure relevance for access decision-making
Cross-Functional & External Leadership
Partner with Market Access, Medical Affairs, Clinical Development, Regulatory, Marketing, and Commercial teams to ensure alignment of evidence strategy with product objectives
Engage external stakeholders, including key opinion leaders, payers, and academic partners, to inform evidence strategies and ensure relevance
Lead and collaborate with external vendors to deliver high-quality, evidence-based studies and models
Publications & Scientific Communication
Lead HEOR publication strategy, including congress presentations and peer-reviewed manuscripts
Ensure timely dissemination of evidence to internal and external stakeholders
Translate complex HEOR findings into clear, actionable insights for cross-functional teams
Required Qualifications
Advanced degree in health economics or related discipline
Minimum of 10 years of relevant experience with a master's degree.
Minimum 10 years in HEOR, Market Access, or health policy within pharma, MedTech, consulting, or CRO, with demonstrated success in influencing global payer decision-making
Proven leadership in designing, implementing, and publishing HEOR/RWE studies and economic models that shaped reimbursement or access outcomes
Deep understanding of HTA processes, payer evidence requirements, and healthcare financing systems globally (US, EU, and beyond)
Strong record of external engagement (HTA, payer advisory boards, academic partnerships, scientific congresses)
Experience leading cross-functional and international projects Excellent communication and influencing skills with senior internal and external stakeholders
Preferred Qualifications
PhD with strong focus in Health Economics or similar.
At least 10 years of experience in pharmaceuticals, medical devices, diagnostics, or point-of-care diagnostics, with strong knowledge of the healthcare industry
Diagnostics and/or medical device experience
Demonstrated expertise in health economic modeling, scientific analytics, and evidence generation
Results-oriented with excellent project management and organization
Experience working globally across diverse markets
Proven leadership skills with ability to influence in a complex, matrixed organization
Strong communication and collaboration skills
Intellectual agility and ability to navigate ambiguity
High degree of professionalism and integrity
Infectious Diseases experience
Track record of peer-reviewed publications
Apply Now
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: https://abbottbenefits.com/
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at abbott.com, on LinkedIn at https://www.linkedin.com/company/abbott-/, and on Facebook at https://www.facebook.com/AbbottCareers.
The base pay for this position is
$129,300.00 - $258,700.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Market AccessDIVISION:ID Infectious DiseaseLOCATION:United States > Lake Forest : J55ADDITIONAL LOCATIONS:WORK SHIFT:StandardTRAVEL:Yes, 5 % of the TimeMEDICAL SURVEILLANCE:NoSIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdfEEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf