Dr. Scott is the President of Loren C. Scott & Associates, Inc., an economic consulting firm whose clients include such large national firms as BellSouth, Bank One, ExxonMobil, and a diversity of others such as Mid-Continent Oil and Gas Association, Placid Oil Refinery, the Louisiana Chemical Association, Lake Charles Memorial Hospital, the Louisiana Judicial Compensation Commission, and the Coushatta Indian Tribe.
His career started at Louisiana State University in 1969 where he spent the next 33 years, rising through the ranks from assistant professor to the prestigious Freeport McMoran Endowed Chair of Economics and the Director of the Division of Economic Development and Forecasting.
Over the thirteen-year period from 1983-96, he was the chairman of the Economics Department at LSU. During that time, the Department's ranking among the 3,000 economics departments in the U.S. rose from 101st to 35th. He is presently Professor Emeritus at LSU and continues to teach in the Executive MBA and LSU Executive Programs. He received 7 awards at LSU for outstanding classroom teaching.
Dr. Scott is co-developer of the Louisiana econometric (e-con-o-met'-rick) model, a model used for providing annual forecasts of the Louisiana economy, which are released each September. He has been a co-investigator on over $1 million in grant research at LSU and is the author of over 75 articles and technical reports. He gives 50-70 speeches a year on the state of the economy.
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