Economist
SOC 19-3011.00 · ESCO 2631 · OSCA 232333
Role snapshot
Overview
Economists collect and analyse data on economic trends, build models, and publish research that informs policy or business strategy. Writing papers, running regressions, and presenting findings to diverse audiences fill a research-heavy schedule. They apply statistical methods and economic theory to understand and predict market behaviour, consumer choices, and the impact of government policies.
Provides critical insights into economic conditions, market dynamics, and policy effectiveness, guiding decision-makers in government, businesses, and international organizations to foster growth and stability.
On the job
- Collect and analyse large datasets using statistical software to identify economic trends.
- Develop and apply economic models to forecast market behaviour or evaluate policy impacts.
- Prepare research reports, white papers, and presentations for internal and external stakeholders.
- Advise government agencies, businesses, or non-profits on economic strategies and policy implications.
- Conduct literature reviews and stay updated on academic research in economics.
Tools & technology
Average salary
Job outlook
GrowingJob growth is expected to be above average over the next five years.
Education & training
Master's or Ph.D. in Economics, econometrics, or a related quantitative field. Strong analytical and research skills are paramount.
Career pathways
WHERE YOU COULD GO
CURRENT ROLE
Economist
Research & Academia
ADJACENT MOVES
STARTING POINTS
Who thrives here
Interest profile
investigative · ICE
Individuals who enjoy in-depth research, systematic analysis of data, and presenting findings to influence decisions often find satisfaction in this role.
Personality characteristics
Curious
Possesses a strong desire to explore complex economic theories and data, always seeking deeper understanding.
Methodical
Approaches problems with a systematic, organised, and data-driven mindset, ensuring accuracy in analysis.
Analytical
Enjoys dissecting complex information, identifying patterns, and forming logical conclusions based on evidence.
Composed
Maintains a calm and rational perspective when faced with ambiguous data or high-stakes policy decisions.
Communicative
Articulates complex economic concepts clearly and persuasively to diverse audiences.
Best for
- People who thrive on understanding complex systems and using data to make informed predictions.
- Professionals who enjoy deep analytical work and contributing to significant policy or business decisions.
- Individuals with a passion for research and the ability to communicate technical findings clearly to non-experts.
Watch out for
- Requires advanced quantitative skills and continuous learning to stay current with economic theory and methods.
- Can involve long periods of independent research and data work, which might not suit those preferring constant team interaction.
A week in the life
A representative working week for a Economist — where the deep work, meetings, and admin actually land.
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