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An Economist analyses financial information and makes recommendations based on that research. You might provide advice to large organisations such as government departments or to private businesses and companies. Economists might look at customer behaviour, general spending habits or issues with production and supply. You might prepare a report or give a presentation on your findings.
Economists should have strong analytical skills and an excellent knowledge of current economical issues. It’s important that you can communicate well and address the needs of your clients. Economists should be able to work with large volumes of information and prepare written or verbal reports.
There are 19 courses available for people who want to become an Economist. These are the top 5 most popular courses.
Possible job outcomes:
The Bachelor of Applied Entrepreneurship is for business leaders who want to learn how new businesses and start-ups succeed. This course will teach you how to identify legitimate business opportunities, devise and test innovative business models and gain knowledge of the ‘triple bottom line’ of business while applying the latest marketing trends and technologies. You'll also have the opportunity to engage with the local start-up landscape through incubators, accelerators and investors..
Average duration: 24 months.
The Bachelor of Business (Economics) delves into how resources are allocated among people and organisations. The focus is on topics such as consumer and business behaviour, job markets, and global trade. Graduates are prepared to understand economies on both large and small scales. Possible career paths include roles like economist, investment analyst, or strategist. The course material emphasizes the theories of economics and how government policies affect economic activities, including supply and demand and pricing..
Average duration: 3 years.
The Bachelor of Business (Business Management) offers students a comprehensive grounding in essential areas of business, such as reporting, economics, marketing, and management principles. This course also incorporates practical skills in communication and data literacy. To further enrich the educational experience and career readiness, students have opportunities for internships, industry projects, or work-integrated learning. This blend of theoretical and practical knowledge prepares students to effectively manage organizations and enhances their career opportunities in a diverse range of business sectors..
The Bachelor of Business (Business Analytics) centers on data collection, analysis, and interpretation to inform strategic decisions in organizations. Students will acquire skills in statistical methods, Structured Query Language (SQL), and data management. This course also covers vital aspects like data confidentiality and security, financial and economic modeling, and measuring marketing effectiveness. It prepares students to excel in the era of big data, providing them with the tools to make data-driven decisions across various business areas..
The Bachelor of Arts (Economics) offers valuable insights into the intersections of business, government, and data analysis. This course equips students with essential skills for various sectors like financial markets, marketing, international trade, logistics, and consultancy. It aims to foster understanding of economic phenomena, data analysis, and decision-making processes. From exploring macroeconomics to applied economic policies, it incrementally enhances economic knowledge. Furthermore, it delves into societal economic interactions and how resources are utilized, illuminating the workings of our global economy..
In Australia, a full time Economist generally earns $1,900 per week ($98,800 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
There has been strong employment growth in this industry in recent years. There are currently 4,800 people employed as an Economist in Australia, compared to 3,000 five years ago. Economists may find work across all regions of Australia, particularly larger towns and cities.
Source: Australian Government Labour Market Insights
If you’re interested in a career as an Economist, consider enrolling in a Bachelor of Applied Entrepreneurship. This course will give you this skills to identify business opportunities, devise and test business models and apply modern marketing technologies.
We’ll find nearby campuses and check if you’re eligible for funding in your state.
Here are some potential career pathways within consulting and strategy. Click on an occupation to learn more about the role and the qualifications that can help you get started in this industry.
Consulting and Strategy
Business Specialist
$1,540 weekly pay
Data Business Analyst
$1,250 weekly pay
Performance Analyst
$1,730 weekly pay
Senior Analyst
Business Analyst
$1,920 weekly pay
Business Consultant
Business Data Analyst
$1,500 weekly pay
Business Development Executive
$1,630 weekly pay
Change And Communications Manager
$2,300 weekly pay
Chief Economist
$2,500 weekly pay
Credit Risk Analyst
Digital Business Analyst
$2,100 weekly pay
Economist
$1,900 weekly pay
Financial Analyst
$1,450 weekly pay
Government Consultant
$5,000 weekly pay
Head of Digital Strategy Transformation
$3,500 weekly pay
International Business Consultant
$2,115 weekly pay
International Consultant
Management Consultant
Senior Business Analyst
Learn more about Economist courses in your area.