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Economist

ANZSCO 224311

An Economist analyses financial data, advises organisations, examines spending and supply issues, and communicates findings through reports or presentations.

  • This role has a low level of AI exposure. Core skills such as adaptability, social intelligence, and complex physical tasks remain beyond the capabilities of current AI.
      • NSW
      • NT
  • 10,000 people employed in Australia
AI exposure data adapted from Felten, Raj & Seamans (2021). Shortage data sourced from Jobs and Skills Australia (2024).

How do I become a economist

Get qualified to work as a economist with a course recognised across Australia. Speak to a training provider to learn more.

Common questions

In Australia, a full time Economist generally earns $2,100 per week ($109,200 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.

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There has been strong employment growth in this industry in recent years. There are currently 4,800 people employed as an Economist in Australia, compared to 3,000 five years ago. Economists may find work across all regions of Australia, particularly larger towns and cities.

Source: Australian Government Labour Market Insights

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If you’re interested in a career as an Economist, consider enrolling in a Bachelor of Applied Entrepreneurship. This course will give you this skills to identify business opportunities, devise and test business models and apply modern marketing technologies.

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Further reading

What is the Role of a Business Analyst?

14th October 2022

Career Spotlight: Accounting and Taxation Professionals

9th October 2019

What Skills Does a Data Analyst Need?

25th November 2022

Economist careers

An Economist analyses financial information and makes recommendations based on that research. You might provide advice to large organisations such as government departments or to private businesses and companies. Economists might look at customer behaviour, general spending habits or issues with production and supply. You might prepare a report or give a presentation on your findings.

Economists should have strong analytical skills and an excellent knowledge of current economical issues. It’s important that you can communicate well and address the needs of your clients. Economists should be able to work with large volumes of information and prepare written or verbal reports.