Economist (Occupation Code : 263101)

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 subjects relating to eco

Tasks

Forecasting changes in the economic environment for short-term budgeting, long-term planning and investment evaluation.

Formulating recommendations, policies and plans for the economy, corporate strategies and investment, and undertaking feasibility studies for projects.

Monitoring economic data to assess the effectiveness, and advise on the appropriateness, of monetary and fiscal policies.

Forecasting production and consumption of specific products and services based on records of past production and consumption and general economic and industry-specific conditions.

Preparing forecasts of income and expenditure, interest rates and exchange rates.

Analysing factors that determine labour force participation, employment, wages, unemployment and other labour market outcomes.

Applying mathematical formulae and statistical techniques and apply to test economic theories and devise solutions to economic problems.

Compiling, analysing and interpreting economic data using economic theory and a variety of statistical and other techniques.

Alternate Occupation Names

Economic Consultant

Labour Market Economist

Financial Economist

Mineral Economist

Industrial Economist

Small Business Economist

Price Economist

Economic Forecaster

Development Finance Project Analyst

Research Economist

Macro-economist

Environmental Economist

Economic Analyst

Econometrician

Economic Advisor

Agricultural Economist

Health Economist

Micro-economist

Taxation Economist

Specialisations

Resource Economist

Learning Pathways