OFO No: 2631101





Other names of Economist:

Agricultural Economist
Development Finance Project Analyst
Economic Advisor
Economic Analyst
Economic Consultant
Economic Forecaster
Environmental Economist
Financial Economist
Health Economist
Industrial Economist
Labour Market Economist
Mineral Economist
Price Economist
Research Economist
Small Business Economist
Taxation Economist


What is an Economist?

Do you love statistics? Do you like following supply and demand trends? Are you interested in world affairs? If you do, then look no further. Becoming an Economist may be the career path for you.

The job of an Economist is to research and study a variety of data and statistics to try and predict trends in our ever-changing world economies. This information usually covers the supply and demand of certain manufactured products or raw materials. These forecasts help agencies, industry, companies and government to make informed decisions with regard to economic policy.  They try to help economies from diving into a depression.

Economists can specialise in certain areas:

  • government policies
  • tax
  • banking
  • unemployment
  • inflation
  • wages
  • politics
  • environment
  • agriculture
  • consulting

What does an Economist do?

  • reads and researches books, online, newspapers, magazines, government papers etc
  • interviews individuals when necessary to obtain data
  • collects and collates data and statistics
  • creates surveys and other methods for data collection
  • understands, analyses and interprets data
  • provides economic advice including forecasts
  • evaluates past and present economic situations and trends
  • writes reports, magazine or newspaper articles
  • presents reports at conferences, seminars or to companies and various government departments
  • presents information on road shows throughout the country

Are you . . . ?

  • interested in statistics, world and current events?
  • mathematically astute?
  • organised?
  • a critical and analytical thinker?
  • able to spend hours and hours reading and researching?
  • a person with good comprehension?
  • a person with extremely good writing and speaking skills?
  • a good listener?
  • confident?
  • able to do public speaking?
  • able to work on your own?
  • self motivated?
  • a problem solver?
  • computer literate?

How do I become an Economist?

You will need a degree. You will definitely need mathematics to enter these courses. Maths Literacy is not accepted. Each institution has their own requirements, so check carefully.

Most universities offer at least one of these or more:

  • Bachelor of Business Science (BBusSc)
  • Bachelor of Economics (BEcon)
  • Bacherlor of Commerce with majors in Economics or Econometrics
  • Bachelor of Social Sciences with majors in Economics (BSocSci)
  • Bachelor of Economic Science (BEconSci)
  • Bachelor of Accounting Science with Economics (BAccSci ) etc


  • CLICK HERE to check for a training institution near you to see what they offer.
  • Make sure you understand their entry requirements for each course.
  • To avoid scams, make sure your institution is registered with the Department of Higher Education. CLICK HERE to check accredited Private Higher Education Institutions.


OTHER CAREERS TO CAREERS TO CONSIDER: Auditor or Chartered Accountant

Is becoming an Economist the right career choice for me?


11-05-2015 – Posted on Facebook