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Economists perform economic research and analysis, develop and apply theories about production and distribution of goods and services and people's spending and financial behaviour, and provide advice to governments and organisations on economic policy issues.
Specialisations: Agricultural Economist, Econometrician, Economic Forecaster, Environmental Economist, Health Economist, Labour Market Economist, Mineral Economist, Taxation Economist
Earnings are for full-time workers before tax, excluding superannuation. Earnings are a guide only and can vary greatly.
Likely change in the number of jobs over the next 5 years, based on the Department of Employment projections.
Skill Level is the education or training usually needed to do well in this job. Relevant experience is sometimes viewed just as highly.
Employment Size is the number of people who work in this job in Australia.
An above average unemployment rate shows people who do this job are more likely to be out of work than people who do other jobs.
Full-time workers usually work 35 hours or more a week (in all their jobs combined).
This is a very small occupation employing 5100 workers. Over the past 5 years the number of jobs has fallen slightly.Little change in the number of jobs is expected in the future. New jobs and turnover from workers leaving may create up to 5,000 job openings over the 5 years to 2020.
No data is available for the selected graph for this Occupation.
A Bachelor Degree or higher is usually needed to work in this job. The majority of workers have a university degree.
If you are interested in this style of work, there are a wide range of training options available that could lead to this or a similar job. The pathway that is right for you will depend on your skills and interests.
It is a good idea to speak to industry bodies, employers, and workers to learn more about the skills and qualifications you will need.
Employers look for Economists who have strong attention to detail, can communicate clearly with a wide variety of people and can work well in a team.
The topics, subjects, or knowledge areas workers rate as most important are shown below.
Economics and accounting, the financial markets, banking and checking and reporting of financial data.
Arithmetic, algebra, geometry, calculus, or statistics.
English language including the meaning and spelling of words, rules of composition, and grammar.
Circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Teaching and course design.
Economists Opens in a new windowO*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration. The information on this site is derived from the US Department of Labor O*NET Database Version 21.2
Learn about the daily activities, and physical and social demands faced by workers. Explore the values and work styles that workers rate as most important.
The work activities workers rate as most important are shown below.
Looking at, working with, and understanding data or information.
Looking for, getting and understanding different kinds of information.
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
Using information to work out the best solution and solve problems.
Compiling, coding, categorizing, calculating, tabulating, auditing, or checking information or data.