This position is located in the Executive Office of the President (EOP), Office of Management and Budget (OMB), Economic Policy Division. This Division is tasked with conducting economic research and engaging in a variety of interdisciplinary economic studies. It comprises economists with expertise across multiple fields who collaborate in teams to model and assess the effects of Federal government policies over short, medium, and long term horizons.
TIME-IN-GRADE REQUIREMENTS: Applicants possess one full year (52 weeks) of specialized experience at or equivalent to the next lower grade level or pay band in Federal service or equivalent experience in the private or public sector. SPECIALIZED EXPERIENCE: Applicants must have a minimum of one year of specialized experience at a level of difficulty and responsibility comparable to the next lower grade or comparable pay band in the Federal service or equivalent experience in the private sector. MINIMUM QUALIFICATION REQUIREMENTS: All applicants must meet the qualification requirements outlined below to be considered minimally qualified for this position. The qualification requirements are in accordance with the OPM Qualification Standards. ALL QUALIFICATIONS MUST BE MET BY THE CLOSING DATE OF THIS ANNOUNCEMENT. BASIC REQUIREMENTS: Applicants must meet one of the following criteria listed below in order to meet the basic requirement for Economist, 0110. TRANSCRIPT REQUIRED. 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. -AND- You may qualify at the GS-13 level, if you meet the following minimum qualification requirement: One year of specialized experience equivalent to the GS-12 grade level in the Federal service or equivalent experience in the private sector that demonstrates: 1-conducting economic studies and analyses (in fields such as macroeconomics, tax, trade, finance, and public finance) using appropriate theoretical models, statistical techniques, and software packages in order to observe patterns, draw logical conclusions, and present findings clearly; 2-communicating economic information, concepts, and trends to diverse groups, both in written products and orally, including to interagency policy meetings, policy-oriented workshops, or other projects related to the public sector; 3-participating on a team responsible for the production of economic data that includes constructing tables or graphs that capture key findings and working with the data using appropriate methods and techniques to assess the significance of changes in economic conditions; and 4-teaching and researching assistant roles in economics are relevant experience, as is research experience in closely related subjects. Experience refers to paid and unpaid experience, including volunteer work done through National Service program (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.
As a Economist, GS- 0110-13, your typical work assignments may include the following: Researches issues in economics with high relevance to the fiscal condition of the Federal Government, with a particular focus on macroeconomics, international economics, trade policy, and supply chain dynamics. Develops economic tools to evaluate current conditions and project future trends in the overall economy, and measure the impact of fiscal policy and programmatic changes on the economy, including macroeconomic forecasting and input-output modeling. Contributes to OMB's work in developing the Administration's economic assumptions and forecast underlying the annual budget by studying and evaluating the macroeconomic effects of Federal spending, tax, and regulatory policies in coordination with officials at the Treasury Department, Department of Commerce, Department of Labor, and Council of Economic Advisors (CEA). Researches the effectiveness, benefits and costs of tax policies and spending programs, developing econometric or other economic models. Participates in a variety of cross-cutting research studies with other staff members in the Economic Policy Division, other divisions of OMB, and other Federal agencies. Conducts research for and write and/or review chapters in the Analytical Perspectives companion volume to the President's Budget. Reviews current economic and technical literature for concepts, conclusions, and data. Critiques materials for consideration by the Council of Economic Advisors, the National Economic Council and the Domestic Policy Council. Reviews legislation, testimony, and speeches for delivery by the President, Vice President, Director, and other Administration spokespersons. Works with staff and policymakers throughout OMB, EOP, and other agencies on a range of issues, including macroeconomics, international economics, financial economics, and trade.