Millennium Challenge Corporation
Economist, MC-110-3B/3A
Washington, DC
Jan 18, 2025
$142,490 - $215,930 a year
Full Job Description

Summary

This position is located in the Department of Policy and Evaluation (DPE), Monitoring, Evaluation and Economics Group, Millennium Challenge Corporation (MCC).

The position is equivalent to GS-14/15. MCC uses a pay banded system to compensate employees.This position is pay band 3B/3A which is generally equal to GS-14/15.

Duties

  • Provides timely and accurate economic guidance and analysis in environments where data can be limited and parameters relevant to the analysis are not always fully known or can shift quickly.
  • Reviews proposals to substantially revise or eliminate any Compact and Threshold Program activities to ensure consistency with overall objectives and economic logic of the Compact and to assess the economic justification.
  • Develops or makes necessary revisions to analytic models (e.g., constraints analysis, cost-benefit analyses, beneficiary analysis, etc.) that are complex and requires a sophisticated application of economic theory to assess the economic impact of changes to the design of interventions supported by MCC compacts.
  • Supports revisions of Monitoring and Evaluation (M&E) Plans and economic studies, including special surveys, as required.
  • Ensures that Impact Evaluations and other economic studies are planned and undertaken using appropriately rigorous methodology and taking into account project design features and implementation plans.
  • Provides expert input to ensure Impact Evaluations are designed to address key public policy and development questions that are likely to be informative for other, similar projects in similar contexts.
  • Provides authoritative recommendations in a complex and critical area of economic analysis research with recommendations for action within the area of assignment.
  • Communicates complex findings and associated methodologies to officials and professionals not familiar with the area of research.
  • Provides expert analysis and advice on critical agency issues. Identifies reasons for the nature and extent of program related problems that arise and investigates areas in need of improvements.
  • Performs other duties as assigned.

Requirements

Conditions of Employment

  • Must be able to obtain and maintain a federal security clearance
  • Relocation expenses will not be paid
  • More than 1 job may be filled if additional vacancies occur within 120 days
  • Some domestic and international travel maybe required

Qualifications

This position has a minimum education requirement.

Applicants must have a degree in economics that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.

OR

Applicants must have a combination of education and experience: courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.

To qualify for pay band 3B applicants must meet the following:

Have at least one year of specialized experience relevant to the position duties and comparable to the MCC Pay Band 4a (GS-13) or an equivalent level which is directly related to the work of this position and which has equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of the position. For this position, this experience is defined as: experience developing or making necessary revisions to analytic models (e.g., cost-benefit analyses, beneficiary analysis, etc.) that are complex and requires a sophisticated application of economic theory; experience applying economic principles, theories, concepts, methods, and techniques to issues of economic growth or in developing countries with important economic policy implications; and experience preparing comprehensive reports that provide recommendations in complex and critical areas of economic analysis. Note: This experience MUST be well documented within your resume or application.

To qualify for pay band 3A applicants must meet the following:

Have at least one year of specialized experience relevant to the position duties and comparable to the MCC Pay Band 3b (GS-14) or an equivalent level which is directly related to the work of this position and which has equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of the position. For this position, this experience is defined as: experience developing, applying and making necessary revisions to analytic models and conducting quantitative analyses like cost- benefit analysis, distributional analyses and beneficiary analyses; experience applying economic principles, theories, concepts, methods, and techniques to issues of economic growth and in developing countries with important economic policy implications; and experience developing and presenting comprehensive reports and analyses that provide recommendations in complex and critical areas of economic analysis. Note: This experience MUST be well documented within your resume or application.

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.

Applicants are strongly encouraged to ensure the work history portion thoroughly documents the duties, responsibilities, and accomplishments that are directly related to this position in order to verify specialized experience.

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

A review of your application and supporting documents will be made and compared against your responses to the assessment questionnaire to determine if you are qualified for the position and to ensure that you have been placed in the appropriate quality category. The HR Office and/or Subject Matter Expert (SME) will evaluate each applicant who meets the basic qualifications on the competencies/knowledge, skills and abilities related to the position such as:

  • Oral Communication
  • Technical Competence
  • Writing


You will be evaluated based on Category Rating procedures. Based on the information you provided in your application package, you will be placed in one of three quality categories - Best Qualified, Well Qualified, or Qualified. Those applicants who are determined to be best qualified will be referred to the hiring manager for further consideration and may be called for an interview.

If, after reviewing your resume and or supporting documentation, a determination is made that you have inflated your qualifications and/or experience your category can and will be adjusted to more reflect your abilities, and you may lose consideration for this position. Please follow all instructions carefully. Errors or omissions may affect your eligibility.

Application of veteran's Preference: Category rating and selection procedures place those with veteran's preference above non-preference eligible within each category. Veterans who meet the eligibility and qualification requirements and who have compensable service-connected disability of at least 10 percent are listed in highest quality category, except when the position being filled is scientific or professional at the GS-09 grade level or higher. http://

Required Documents

The following documents must be received by the closing date of this announcement:

  • Resume - Applicants MUST utilize resumes created using the USAJOBS-formatted Resume Builder (
  • Responses to Occupational Questionnaire
  • Unofficial college transcripts - if the position has an education requirement or if you are using education to qualify "Unofficial" transcripts are acceptable. If selected for the position, prior to your appointment, an official transcript will be required.
  • If you are displaced Federal employee, you may be entitled to receive special priority consideration under the Interagency Career Transition Assistance Program (ICTAP) or Career Transition Assistance Program (CTAP). View information about ICTAP eligibility on OPM's Career Transition Resources website. To be considered eligible under ICTAP or CTAP, you must be placed in the "well-qualified" category for this position, as described above.
  • Veterans Preference documentation (DD-214 - member 4 copy or other copies that indicate character of discharge or equivalent, SF-15 and VA Letter as appropriate) to validate your claim. For more information regarding eligibility requirements, please go to: .
  • If you are eligible for Special Appointment eligibility (e.g., 30% compensable veteran, individuals with disabilities, former Peace Corps or other noncompetitive eligibility candidates.) requires submission of supporting documentation. For more information visit: http://www.opm.gov/employ/students/fedhire.asp#authorities,
  • Form - Demographic Information on Applicants, OMB No. 3046-0046. This form is available at (Optional).

If you are relying on your education to meet qualification requirements:

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from .

Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

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Job Information
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Economist, MC-110-3B/3A
Millennium Challenge Corporation
Washington, DC
Jan 18, 2025
$142,490 - $215,930 a year
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