Economist

Department of Energy - Agency Wide
Wallops Island, VA Full Time
POSTED ON 4/26/2024
These positions are to be filled under the OPM Government-Wide Direct Hire Authority Certain STEM Positions for grades GS 11-15. This serves as a public notice for the use of the Direct Hire Authority in accordance with 5 U.S.C. 3327 and 3330 and 5 CFR 330. Under this recruitment procedure, applications will be accepted for each location/ installation identified in this Public Notice. There may or may not be actual/projected vacancies at the time you submit your application.

Qualifications:

You must meet both the Basic Requirement and the Specialized Experience to qualify for this series as described below.

BASIC REQUIREMENT

A. Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.

OR

B. Combination of education and experience: courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.

In addition to meeting the education requirement above. You must also meet the experience requirement below.

SPECIALIZED EXPERIENCE REQUIREMENTS
The specialized experience listed are the minimum requirements for the series, each particular vacancy may have additional experience necessary to meet the applicable grade level.

A qualified candidate's online application and resume must demonstrate at least one year of specialized experience equivalent to the next lower grade level in the Federal service. Specialized experience for these positions are defined as:

GS-11: You must have one year of specialized experience equivalent to the next lower grade (GS-09). Specialized experience for this position is defined as ALL of the following:

  • Applying standard quantitative methods and techniques used to evaluate information concerning mathematical, statistical, or economic factors.
  • Drafting parts reports and/or written results to explain analytical findings.

OR

Three years of progressively higher level graduate education leading to a Ph.D. degree, or Ph.D., or equivalent doctoral degree; your education must demonstrate the knowledge, skills, and abilities necessary to do the work. For this position, this is defined as a degree in economics or a similarly related major.

OR

Combination of education and experience as described above. Less than one year of specialized experience may be combined with graduate education in excess of the amount required for the next lower grade level (i.e., credit hours beyond the first two years of full-time study may be credited).

GS-12: You must have one year of specialized experience equivalent to the next lower grade (GS-11). Specialized experience for this position is defined as meeting at least 2 of 3 of the following:

  • Planning methods used to gather, analyze and evaluate information concerning critical mathematical, statistical, economic or other relevant factors .
  • Planning and executing a variety of projects that involved collecting detailed economic data.
  • Plan and prepare a quantitative analysis of data for a major program following standard procedures.

GS-13: You must have one year of specialized experience equivalent to the next lower grade (GS-12). Specialized experience for this position is defined as meeting at least 2 of 3 of the following:

  • Analyzing and evaluating current methods used to gather, analyze and evaluate information concerning mathematical, statistical, economic or other relevant factors for a major program.
  • Creating, performing and documenting economic analyses involving current and projected pricing, production supply and distribution patterns, conditions and problems where techniques or methodology used are new and unprecedented.
  • Planning and preparing an interpretive report, including current and historical economic data, that required a difficult search for sources and complicated and imaginative extrapolation techniques.

GS-14: You must have one year of specialized experience equivalent to the next lower grade (GS-13). Specialized experience for this position is defined as ALL of the following:

  • Initiating, formulating, developing, designing, performing, and documenting a broad range of economic analyses and assignments that provide systematic economic data collection, analysis, modelling, reporting and policy inputs, and associated timelines and costs, for current or continuing or projected programs in one or more areas of economic activity.
  • Documenting purposes, methods, assumptions and conclusions, and bases sound economic analyses on thorough parametric knowledge of subjects studied.

GS-15: You must have one year of specialized experience equivalent to the next lower grade (GS-14). Specialized experience for this position is defined as meeting at least 2 of 3 of the following:

  • Providing analyses, interpretations, and opinions to officials internal and external on a broad variety of cases and issues that include economic and policy positions on very complex and difficult matters requiring a high order of original and creative economics endeavor that will broaden or restrict activities, or have a very important impact on the company or agency mission.
  • Assessing the readiness level, quality of output and outcomes, and the organizational support for the broad function of economics study necessary to create and maintain the highest level of professionalism and efficacy in the economics discipline.
  • Serving as a consultant and advisor to top-level company or agency officials including reviewing new or proposed legislation, rulemaking and regulatory activities related to the energy industry and assessing the impact on missions, programs, or policies.

NOTE: There is no substitution of education for specialized experience at the GS-12 through GS-15 grade levels.

"Experience" refers to paid and unpaid experience. Examples of qualifying unpaid experience may include: volunteer work done through National Service programs (such as Peace Corps and AmeriCorps); as well as work for other community-based philanthropic and social organizations. Volunteer work helps build critical competencies, knowledge, and skills; and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

OPM Qualification Standards for the GS-0110 series can be found at the following website: 0110 Qualifications

CTAP/ICTAP candidates: To be considered "well qualified" you must meet all of the requirements as described in this section.

This public notice may be used to fill multiple positions as needed; therefore, applicants must meet the qualifications at the time certificates are requested.

Responsibilities:

The Department of Energy is seeking motivated and highly-qualified candidates for exciting positions available in multiple locations throughout the United States.

The mission of the Energy Department is to ensure America's security and prosperity by addressing its energy, environmental and nuclear challenges through transformative science and technology solutions.

As an Economist, at minimum you will:

  • Conceive, design, perform and document a broad range of economic analyses and research assignments involving conditions and problems pertaining to Energy and bring such studies to meaningful conclusions.
  • Evaluate impact of new technologies, systems, policies, and international market forces.
  • Document study purposes, methods, assumptions, and conclusions, and briefs high-level officials. Acquire thorough parametric knowledge of subjects to perform sound, authoritative economic analyses.
  • Obtain, compile, organize, and analyze economic data. Select critical elements of real world systems for inclusion in models and applies economical techniques in innovative ways.
  • Monitor and conduct special studies important to agency decision makers. Analyze in innovative ways, the effects of different policies and advises high level managers of positive and negative effects of the different policies and policy options.
  • Generate ideas for new programs, policies, studies and approaches in assigned subject areas.
  • Brief study sponsors and high level officials on findings and conclusions of studies, and on relationships of conclusions to existing and proposed policies and policy options.
  • Apply extensive knowledge of issues, problems, and subjects studies to assure results reflect real world environments.
  • May serve as a project leader, assuming responsibility for the development of project planning, coordination of overall team efforts, and maintaining appropriate lines of communication.

Salary.com Estimation for Economist in Wallops Island, VA
$92,028 to $129,736
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