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Economist

224311 · Sedentary

Career data Verified

Economists research and analyse financial, labour and trade markets, and comment on economic events.

Most common salary $81k – $170k
Upper salary up to $263k
Training 3-5 years

Description

Performs economic research and analysis, develops and applies theories about production and distribution of goods and services and people's spending and financial behaviour, and provides advice to governments and organisations on economic policy issues.

Typical work tasks

  • Analyses relationships between economic variables and studies the effects of government fiscal and monetary policies, expenditure, taxation and other budgetary policies on the economy and the community; researches, analyses and assesses the effects of labour market programs and industry policies and programs on economic growth, welfare, education and training; investigates international and national economic situations, and particular features such as industries, regions and socioeconomic groups; studies workplace issues such as enterprise bargaining and wage fixation, and the effect of workplace policies on productivity and economic growth; analyses trends and advises on economic issues such as taxation levels, prices, employment and unemployment, imports and exports, and interest and exchange rates; forecasts changes in the economic environment for short-term budgeting, long-term planning and investment evaluation; formulates recommendations, policies and plans for the economy, corporate strategies and investment, and undertaking feasibility studies for projects; prepares reports on research findings.

Typical work environment

  • Works indoors in offices and meeting rooms within businesses, government departments or universities.
  • Works in adequately heated, lit, ventilated and clean, well maintained office workspaces.

Typical physical and mental demands

  • Sedentary physical demand.
  • Frequent sitting in offices or at computers when analysing or interpreting data.
  • Occasionally stands, walks and moves from office to office and within the organisation.
  • Lifting, carrying or pulling is not a significant component of the job.
  • Bending, squatting or crouching is not a significant component of the job.
  • Occasional to frequent repetitive hand and finger movements are required when using a computer, a calculator or hand writing.
  • Mental skills necessary include a high level of cognitive functioning with verbal and written communication, research, data collection, mathematical, statistical, analytical, policy development, project management, computing, presentation, planning, report writing, organisational, problem solving and decision-making capabilities.
Entry signal Reviewed

Requires a substantial formal qualification.

Entry barrier Formal qualification
Licence / registration No licence required
ANZSCO skill level 1
Next-day ready No

How this was determined (model-generated): Economist: relevant tertiary qualification required; no licence gate.

Entry Requirements

  • A relevant tertiary qualification (ANZSCO Skill Level 1). In some instances particular experience and/or on-the-job training may be required.

Further Comments

  • There are opportunities for flexibility of movement but they are limited.