As an Economist at the Federal Trade Commission you will be performing the following duties: Apply statistical, mathematical, and econometric techniques to the analysis of data to give empirical content to economic theories and test hypotheses in support of policy recommendations. Provide analysis and interpretation of economic and related information collected from companies to support policy and program decision-making. Identify and collect the appropriate data needed to analyze the validity of competing economic theories. Conduct investigations, reviews, and studies that apply a thorough knowledge of microeconomic theory to study the behavior of individual consumers, firms, and industries in order to analyze how markets establish relative prices among goods and services and thereby allocate limited resources among alternative uses. Analyze the likely effects on consumers and competition of mergers, agreements between firms, and individual firm business practices. Prepare economic impact assessments under the laws that govern federal rulemaking to ensure adequate considerations of the costs and benefits of proposed rules. Develop oral and written products, tailored to the needs of the audience, in support of recommendations involving such far-reaching issues as the economic aspects of new or proposed investigations, policies, or rules affecting FTC programs. Undertake research aimed at addressing unresolved theoretical or empirical questions in topics related to competition, consumer protection, and general understanding of consumer and firm behavior. Draft, present, and defend positions for policy, enforcement decisions, and education of other competition agencies. RequirementsConditions of Employment
- U.S. citizenship requirement must be met by the closing date of this vacancy.
- This position is subject to a background investigation.
- Males born after December 31, 1959 must register with Selective Service.
- You may serve a one-year probationary period under this appointment.
- This position is not in the bargaining unit.
To qualify for an Economist
position, you must meet the following requirements by the closing date of this announcement.Basic Requirements:
Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
Combination of education and experience: courses equivalent to a major in economics, as shown in 1 above, plus appropriate experience or additional education. In addition
to the above, you must meet the requirements described below:
You must demonstrate in your resume at least one (1) year of qualifying experience equivalent to the next lower level in the Federal service obtained in either the private or public sector or academia, performing the following types of tasks:GS-12 Level:
You must have at least 52 weeks of specialized experience equivalent to the GS-11
grade level in federal service or private sector or academia. Examples of qualifying experience may include: drafting an unpublished research paper and/or performing quantitative work to study an economic phenomenon. Specific examples include: identifying interesting features of consumer and firm behavior, analyzing the price, quality, and/or output effect of a shock to a specific industry, and producing written and oral reports based on preliminary analysis.GS-13 Level:
You must have 52 weeks of specialized experience equivalent to the GS-12
grade level in the federal service or private sector or academia.Examples of qualifying experience may include: co-authoring an unpublished research paper and/or working on an economic research project applying quantitative and analytical skills. Specific examples include: identifying data necessary to test models of consumer and firm behavior, producing statistical analysis of consumer behavior, producing written and oral reports based on work with others, and performing interviews with industry participants to understand unique features of an industry.GS-14 Level:
You must have 52 weeks of specialized experience equivalent to the GS-13
level in the federal service or private sector or academia. Examples of qualifying experience may include: independently preparing economic reports or studies that require advanced research techniques and crafting independent research that demonstrates familiarity with advanced analytical techniques that produced evidence of results. Specific examples include: analyzing strategic firm and consumer behavior, identifying optimal choices based on the competitive environment and available information, identifying and estimating relevant demand elasticities, identifying and evaluating the effects of regulations on the profit-maximizing strategies of firms; assessing the economic benefits and costs of proposed federal rules, and identifying the significance of specific factors affecting a firm's entry to or exit from a market.GS-15 Level:
You must have 52 weeks of specialized experience equivalent to the GS-14
grade level in the federal service or private sector or academia. Examples of qualifying experience may include: authoring published research articles/books on topics in microeconomics and/or serving as a consultant or advisor on technical economic issues and/or supervisory or project coordination assignments involving a staff of professional economist that results in providing technical advice or recommendations of action. Specific examples include: managing all or part of a team performing economic or econometric analysis being responsible for the content of that analysis, conducting and presenting independent research or policy analysis at an academic or policy institution, determining the reliability of econometric evidence based on appropriateness and limitations of data, economic modeling, and/or statistical methodology; and, weighing analysis against a rebuttal presented by another economist, and explaining the differences between competing economic analyses.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). 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.Only experience and education obtained by the closing date of this announcement will be considered.All applicants should apply to the GS-12 level. Applicants should also apply to any other GS levels for which they meet the specialized experience requirements. Qualified applicants must exhibit thorough comprehension of microeconomic analysis and effective written and oral communication skills. Economists in all fields of applied microeconomics or econometrics are encouraged to apply. EducationTHIS POSITION HAS AN EDUCATION REQUIREMENT:
provide transcripts or other documentation to support your educational claims. All materials must be submitted by the closing date of the announcement. You are strongly encouraged to submit a copy of your transcripts. Unofficial transcripts will be accepted in the application package. Official transcripts will be required from all selectees prior to receiving an official offer.GRADUATE EDUCATION:
One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.FOREIGN EDUCATION:
If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html Additional information
This announcement will be filled through OPM-authorized Direct Hire Authority due to a Critical Hiring Need. Veterans preference and traditional rating and ranking of applicants do not apply to this vacancy.
Click Here for more information on OPM's authorization of Direct Hire Authorities.Career Transition Assistance Programs:
These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: (1) meet Career Transition Assistance Program (CTAP) or Interagency Career Transition Assistance Program (ICTAP) eligibility criteria; (2) be rated well-qualified for the position with a score of 85 or above; and, (3) submit the appropriate documentation to support your CTAP or ICTAP eligibility.
For more information visit: ICTAP/CTAP