Agricultural and resource economists study and apply economic principles to the use and management of resources in the agricultural, fisheries, forestry and other primary industries.
Duties & Tasks
Agricultural and resource economists may perform the following tasks:undertake research into factors that affect farm costs and market returns, such as the availability of farm credit, the way farms are established and operated, the potential cash return from crop sales and the distribution of farms in a particular region
explore ways of raising the incomes and efficiency of primary producers
conduct economic studies into areas such as livestock production, forestry, field crops, wool, cotton, fruit and winemaking
examine and report on existing or alternative methods of grading, processing, storage, sale, marketing and transport of agricultural products
monitor, review and report on rural conditions and domestic and overseas agricultural, economic and political developments that affect the efficiency of the agricultural sector
assess the past and/or potential future impacts of policy changes (proposed or actual) on the farm sector and the wider economy
advise on the appropriate management of natural resources
conduct analyses and make recommendations to government and industry on economic issues and/or policies affecting the supply, demand and price of agricultural produce and resources.
an analytical mind and ability to think logically
good oral and written communication skills
good at mathematics
organisational and time management skills.