Economist, MC-110-4C

US-Millennium-Challenge-Corporatio; Washington (District of Columbia); On-site; USD 65,000 - 90,000; Full time

Job summary

The Millennium Challenge Corporation (MCC) in Washington, DC seeks a candidate for a position in the Economic Analysis Division, Department of Policy and Evaluation. The role uses a pay-band system at 4C (GS-11) with DHA eligibility, requiring economics expertise and demonstrated ability in cost-benefit analysis and data-driven research.

Applicants should have an economics degree with relevant coursework and at least one year of specialized experience related to economic evaluation in developing

Qualifications

• Basic requirement: economics degree with at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
• Specialized experience includes conducting cost-benefit analyses of public investments, applying economic theory and methods, and using statistical/software tools to analyze large data sets.

Skills

Economic analysis

Statistics

Communication skills

Research interpretation

Education

Economics degree with econometrics/statistics/calculus hours

Tools

Stata

R

Job description

This position is located in the Economic Analysis Division, Department of Policy and Evaluation (DPE), Millennium Challenge Corporation (MCC).

MCC uses a pay-band system to compensate employees. This position is pay band 4C which is generally equal to GS-11.

This position will be filled under Direct-Hire Authority (DHA). Any qualified applicant may be selected without regard to competitive rating and ranking and veterans' preference procedures.

To qualify for Pay Band 4C applicants must meet the following:

Basic Requirements

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

AND

In addition to meeting the Basic Requirement, applicants must also have one year of specialized experience (comparable to the Pay Band 5A or GS-9 or equivalent non-federal experience), which is directly related to the work of this position, and which has equipped the applicant with the knowledge, skills, and abilities to successfully perform the duties of the position. For this position, examples of specialized experience are: conducting research or studies associated with the cost benefit analysis (CBA) of public investments, especially in developing countries; applying economic theory, principles, methods, and techniques used in the conduct of cost benefit analysis in lower and lower-middle income country contexts; conducting growth diagnostic (constraints analysis) research; conducting research for sector diagnostic studies (i.e. root cause analysis) or beneficiary analysis; applying statistical or programming software (such as Stata or R) to manipulate, clean and analyze economic data, including large data sets such as household and/or firm surveys; and communicating orally and in writing to develop comprehensive reports and to present and explain complex economic findings and recommendations.

Note: This experience MUST be well documented within your resume or application.

OR

Applicants may also qualify based on completing 3 years of progressively higher-level graduate education leading to a Ph.D. degree or equivalent doctoral degree. Such educations must have provided the knowledge, skills, and abilities necessary to do the work.

OR

Applicant may qualify based on having a combination of education and experience: courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education. The quality of the combination of education and experience must be sufficient to demonstrate that the applicant possesses the knowledge, skills, and abilities required to perform work in the occupation, and is comparable to that normally acquired through the successful completion of a full 4-year course of study with a major in the appropriate field.

Desirable: Advanced degree in economics, public policy or a closely related field that has a quantitative analysis component.

PART-TIME OR UNPAID EXPERIENCE:

Credit may be given for appropriate unpaid and or part-time work. To receive credit you must clearly identify the duties and responsibilities in each position held and the total number of hours worked per week.

A new hire's direct and overall experience are critical factors in determining a salary offer. It is important that your resume fully reflects all of your directly-related work experience. Salary offers include three key factors:

• The selectee's directly related experience at the same level as the position.
• The selectee's overall experience in a particular area.
• The salaries of employees in similar positions and with similar levels of experience.

MCC also takes the selectee's skill set into account. Applicants should note that salary offers seldom fall near the upper end of the salary range listed in the vacancy announcement. Salary may be set from the minimum to the midpoint of the salary range of the pay band. In some instances, based on a selectee's extensive experience directly related to the position, salary may be set at or above the mid-point up to the maximum salary for that pay band.

See information on MCC base pay ranges and salary structure (https://www.mcc.gov/careers/compensation/).