224311 Economist

ANZSCO Occupation Code: 
224311
ANZSCO Occupation Name: 
Economist
Skill Assessing Authority: 
Medium and Long-term Strategic Skills List: 
Yes
Short-term Skilled Occupation List: 
No
Regional Sponsored Migration Scheme: 
Yes
Caveat Reference: 
LMT Protected Occupation: 
No
ANZSCO Occupation Description: 

224311 ECONOMIST

Alternative Title:
Economic Analyst

Performs economic research and analysis, develops and applies theories about production and distribution of goods and services and people's spending and financial behaviour, and provides advice to governments and organisations on economic policy issues.
Skill Level: 1
Specialisations:
Agricultural Economist
Econometrician
Economic Forecaster
Environmental Economist
Health Economist
Labour Market Economist
Mineral Economist
Taxation Economist

ANZSCO Skill Level: 
1

2243 Economists

ANZSCO Unit Group Code: 
2243
ANZSCO Unit Group Name: 
Economists
ANZSCO Unit Group Description: 

2243 ECONOMISTS

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.
Statisticians are excluded from this unit group. Statisticians are included in Unit Group 2241 Actuaries, Mathematicians and Statisticians.
Indicative Skill Level:
In Australia and New Zealand:
Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification (ANZSCO Skill Level 1).

Tasks Include:

analysing interrelationships between economic variables and studying the effects of government fiscal and monetary policies, expenditure, taxation and other budgetary policies on the economy and the community
researching, analysing and assessing the effects of labour market programs and industry policies and programs on economic growth, welfare, education and training
investigating international and national economic situations, and particular features such as industries, regions and socioeconomic groups
studying workplace issues such as enterprise bargaining and wage fixation, and the effect of workplace policies on productivity and economic growth
analysing trends and advising on economic issues such as taxation levels, prices, employment and unemployment, imports and exports, and interest and exchange rates
forecasting changes in the economic environment for short-term budgeting, long-term planning and investment evaluation
formulating recommendations, policies and plans for the economy, corporate strategies and investment, and undertaking feasibility studies for projects
preparing reports on research findings

Avg. weekly earnings - males (May 2012): 
1 980.90
Avg. weekly earnings - females (May 2012): 
1 518.40
Avg. weekly earnings - persons (May 2012): 
1 861.60