Group
Occupation

231533 Economist

Latest release
Consultation draft: Australian and New Zealand Standard Classification of Occupations (ANZSCO)
Reference period
July 2024
Released
25/07/2024
Next release Unknown
First release

231533 Economist

Researches and analyses the production and distribution of goods and services, and people's spending and financial behaviour. Uses this information to predict trends, develop theories, and provide advice to governments and organisations on economic policy matters.

Alternative titles

  • Economic Analyst
  • Economic Consultant

Specialisations

  • Agricultural Economist
  • Econometrician
  • Economic Forecaster
  • Health Economist
  • Labour Market Economist
  • Land Economist
  • Taxation Economist

ANZSCO skill level

This occupation has a skill level corresponding to the qualifications and experience below.

Australia

  • Skill Level 1: Bachelor Degree, higher qualification, or at least five years of relevant experience

New Zealand

  • Skill Level 1: Bachelor Degree, higher qualification, or at least five years of relevant experience

Main 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 economies and markets, 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 change 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
  • Monitors economic data to assess and advise on the effectiveness and suitability of monetary and fiscal policies
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