Economists perform economic research and analysis, and develop and apply theories relating to the production and distribution of goods and services and people's spending behaviour. Economists advise and provide forecasts to governments and businesses on matters such as taxation levels, wages and prices, employment and unemployment, imports and exports, and interest and exchange rates. They investigate international or national economic situations, or particular features such as industries or regions.
Duties & Tasks
Economists may perform the following tasks:help formulate government economic policies
study the effects of government economic and monetary policies, expenditure, taxation and other budgetary controls on the economy and the community
identify opportunities to improve efficiency and international competitiveness
research, analyse and record the effects of government labour market programmes on economic and industrial growth
investigate the types of goods and services that are produced and consumed in Australia and in other countries
study industrial relations issues such as wage fixation and the effect of industrial disputes on productivity
prepare forecasts, analyse trends and advise on economic issues
provide management personnel with economic information and advice.
able to think logically and analytically
able to discuss views clearly
able to write concisely
good at mathematics and statistical analysis.