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Economic Modeling Jobs in Washington (NOW HIRING)

Energy Specialist

Reston, VA ยท On-site +1

Perform market, economic, financial, and scenario analysis * Develop analytic tools, dashboards, and decision-support platforms * Conduct modeling, sensitivity, and uncertainty analysis using ...

Managing Economist

Washington, DC ยท On-site

$200K - $300K/yr

... economic, statistical, and financial analysis, modeling of financial data and markets, management of existing client relationships, development and presentation of client deliverables, management of ...

When antitrust disputes arise, effective economic testimony is essential. Secretariat's experts ... Building quantitative models using financial and/or data applications * Identifying and ...

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Showing results 1-20

Economic Modeling information

See Washington salary details

$37.4K

$121.9K

$169.3K

How much do economic modeling jobs pay per year?

As of Jul 20, 2026, the average yearly pay for economic modeling in Washington is $121,861.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,200.00 and $131,900.00 per year, depending on experience, location, and employer.

What are the common challenges faced in an Economic Modeling role?

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 are the key skills and qualifications needed to thrive in the Economic Modeling position, and why are they important?

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 jobs do financial modeling?

Financial modeling is a key skill in roles such as financial analyst, investment analyst, corporate finance analyst, and valuation specialist. These jobs involve building spreadsheets and models to analyze financial data, forecast performance, and support decision-making using tools like Excel and financial software. Strong analytical skills and understanding of accounting and economics are essential for these positions.

What are 5 careers in economics?

Five common careers in economics include economist, financial analyst, policy analyst, economic consultant, and data analyst. These roles often require strong analytical skills, proficiency with statistical software, and a solid understanding of economic theories and models.

What jobs can I get with econometrics?

Econometrics skills are valuable in roles such as economic analyst, data analyst, financial analyst, policy analyst, and research economist. These jobs typically require proficiency in statistical software like R or Stata and involve analyzing data to inform economic decisions or policies.

What do economic models do?

Economic modeling involves creating mathematical or computational representations of economic systems to analyze and predict economic behavior and outcomes. Economists use these models to evaluate policies, forecast trends, and understand complex interactions within markets, often utilizing tools like statistical software and data analysis techniques.

What is an Economic Modeling job?

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 popular job titles related to Economic Modeling jobs in Washington? For Economic Modeling jobs in Washington, the most frequently searched job titles are:
Infographic showing various Economic Modeling job openings in Washington as of July 2026, with employment types broken down into 89% Full Time, and 11% Temporary. Highlights an 94% In-person, and 6% Hybrid job distribution, with an average salary of $121,861 per year, or $58.6 per hour.
Senior Applied Economist with Security Clearance

Senior Applied Economist with Security Clearance

MITRE Corporation

Fairfax, VA โ€ข On-site

$94K - $119K/yr

Other

Posted 9 days ago


Job description

Why choose between doing meaningful work and having a fulfilling life? At MITRE, you can have both. That's because MITRE people are committed to tackling our nation's toughest challenges-and we're committed to the long-term well-being of our employees. MITRE is different from most technology companies. We are a not-for-profit corporation chartered to work for the public interest, with no commercial conflicts to influence what we do. The R&D centers we operate for the government create lasting impact in fields as diverse as cybersecurity, healthcare, aviation, defense, and enterprise transformation. We're making a difference every day-working for a safer, healthier, and more secure nation and world. Our workplace reflects our values. We offer competitive benefits, exceptional professional development opportunities for career growth, and a culture of innovation that embraces adaptability, collaboration, technical excellence, and people in partnership. If this sounds like the choice you want to make, then choose MITRE - and make a difference with us. Department Summary: MITRE's Complex Systems Department (L644) is seeking MITRE is currently seeking an Applied Economist with experience in macroeconomic modeling to support the continued growth of our portfolio of economics work across an exciting and diverse set of sponsors. We are focused on solving problems for a safer world and conduct quantitative economic modeling and analysis to inform and assess the impacts of changes to domestic and international policies, regulations, technology, infrastructure, and events. Our deep technical expertise and breadth of perspective provide insights across many topics. Our economics team has expertise in advanced econometrics, macroeconomics and microeconomics, industrial organization, labor, international trade and finance, forecasting, policy analysis, computable general equilibrium modeling, complex valuations, and spatial modeling/statistics. Our backgrounds as just as diverse, with applied experience in government, industry, and academia. We also partner with leading practitioners from universities around the world in developing world class and one-of-a-kind capabilities. MITRE's diverse work program includes sponsorship from across government agencies, as well as a robust applied research program. This position offers the opportunity to interact directly with government leaders in a fast-paced and dynamic atmosphere with the ability to make a difference and impact outcomes with solid analysis. Our employees are expected to work on multiple projects, cross-pollinate good ideas across the government and continuously learn. We work to solve modeling and analytic problems in the public interest, in partnership with the government. We also actively conduct independent research in areas of interest to our government partners. Roles & Responsibilities: To be successful you will: * Be passionate about developing custom research using advanced economic and econometric techniques.
* Have hands-on experience handling large datasets to conduct data driven analysis.
* Conduct economic analysis in support of regulatory policy, pre- and post-implementation analysis
* Present and communicate results of research as intuitive, actionable, and practical solutions to internal and external stakeholders and in a manner that can be understood by all audiences, regardless of technical expertise
* Conduct creative application of economic theory and models in multiple domains when facing data constraints
* Have an innate curiosity and interest in developing research questions and testing hypotheses with open ended tasking.
* Work with a spectrum of government sponsors to gain understanding of their challenges, evaluate possible solutions, and conduct insightful, actionable analyses.
* Support development and application of a variety of advanced economic/econometric techniques to sponsor challenges, with a willingness to adapt and learn in a fast-paced environment.
* Take initiative in owning aspects of your work and be a collaborative teammate. Basic Qualifications: * Master's Degree in Economics or equivalent with 3 years of related experience. Academic (teaching, research) experience counts toward minimum
* Experience in advanced econometrics, including causal inference and structural estimation.
* Experience developing structural international trade, general equilibrium, or macroeconomic models to perform counterfactual assessments.
* Strong attention to detail and accountability for own work.
* Excellent written and verbal communication skills, and ability to translate technical concepts to non-technical audiences.
* Demonstrated ability to formulate rigorous models based on loosely defined or underspecified research questions and requirements.
* Demonstrated ability to work collaboratively across diverse teams, departments, and other organizations.
* Creatively develop solutions to overcome data limitations when needed.
* Demonstrated experience leading stakeholder/funder facing engagements and providing relevant day-to-day tasking for one or more junior staff.
* Applied experience leading technical development tasks and teams.
* Ability to obtain Active DoD Top Secret/SCI clearance.
* Per the U.S. Government's eligibility requirements, you must be a U.S Citizen to be considered for a security clearance).
* This position requires a minimum of 50% hybrid on-site. Preferred Qualifications: * PhD or PhD Candidate in Economics.
* Experience in the following topic areas is desired, but not required: international trade, international finance, supply chains, critical infrastructure, and/or defense.
* Experience with dynamic stochastic general equilibrium (DSGE) modeling or computable general equilibrium (CGE) modeling is desired, not required.
* Experience working with government sponsors and agencies desired, not required.
* Applied experience leading large technical development tasks across multi-disciplinary teams.
* Demonstrated experience engaging with external stakeholders and shaping work with those stakeholders.
* Prior experience developing solutions in a poorly defined environment involving multiple stakeholders at various levels of technical sophistication
* Active TS or TS/SCI preferred. This requisition requires the candidate to have a minimum of the following clearance(s):
None This requisition requires the hired candidate to have or obtain, within one year from the date of hire, the following clearance(s):
Top Secret/SCI Salary compensation range and midpoint:
$113,600 - $142,000 - $170,400 Annual Work Location Type:
Hybrid Commitment to Non-Discrimination All qualified applicants will receive consideration for employment without regard to disability, status as a protected veteran or any other status protected by applicable federal, state, local or international law. MITRE intends to maintain a website that is fully accessible to all individuals. If you are unable to search or apply for jobs and would like to request a reasonable accommodation for any part of MITRE's employment process, please email for general support and for intern positions. This service is for individuals requiring reasonable accommodation requests. Please note that vendor solicitations will not receive a reply. Benefits information may be found here . Copyright ยฉ 1997-2026, The MITRE Corporation. All rights reserved. MITRE is a registered trademark of The MITRE Corporation. Material on this site may be copied and distributed with permission only.

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About MITRE

Sourced by ZipRecruiter

Why choose between doing meaningful work and having a fulfilling life? At MITRE, you can have both. That's because MITRE people are committed to tackling our nation's toughest challenges-and we're committed to the long-term well-being of our employees. MITRE is different from most technology companies. We are a not-for-profit corporation chartered to work for the public interest, with no commercial conflicts to influence what we do. The R&D centers we operate for the government create lasting impact in fields as diverse as cybersecurity, healthcare, aviation, defense, and enterprise transformation. We're making a difference every day-working for a safer, healthier, and more secure nation and world. Our workplace reflects our values. We offer competitive benefits, exceptional professional development opportunities, and a culture of innovation that embraces diversity, inclusion, flexibility, collaboration, and career growth. If this sounds like the choice you want to make, then choose MITRE-and make a difference with us. MITRE is a trusted operator of federally funded research and development centers and we're on a mission to make the world a safer place-for all of humanity, today and in the future. To deliver on our mission, we need the world's best talent and leaders-groundbreakers and partnership-builders on a global scale in areas like healthcare, artificial intelligence, critical infrastructure resiliency, pandemic management, and cybersecurity. In return, we have the privilege of backing you with thousands of technical experts in diverse fields, a culture of innovation and knowledge sharing, access to data and resources uniquely available to MITRE through our wide-ranging partnerships across government, industry and academia.

Industry

It services

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1958

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