Economics can be described as the science of decision-making. It is concerned with the way society distributes and uses resources such as land, labour, raw materials and goods and services. It is one of the very few fields of study that is both an academic discipline connected with a huge body of knowledge and an occupation.

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Professional economists can study economic and statistical data related to all spheres of life and society and often work in an advisory capacity, reporting and forecasting. They may even plan and make policy based on their findings. Professional economists often work in the government sector. While the Federal Treasury or the Reserve Bank might offer the holy grail of graduate positions, you should also consider alternate organisations that employ economists, such as unions, publicly listed corporations, finance and insurance companies, industry associations and universities.

For more information about careers and education in this field, visit the Economic Society of Australia website.

Other fields of study that are likely to appeal to someone interested in economics include the business and management field and the accounting field. You could even take a look at the humanities and social sciences profile. If you enjoy working with numbers, you might also consider mathematics and perhaps areas like engineering and technology or computing and information technology .