How to Become An Economist
1 Courses
An Economist studies how economies work and gives advice on policies that affect everyday life. They look at how goods and services are made, shared, and consumed. They also track the financial behaviour of people, businesses, and governments. Economists work across the public sector, the finance industry, and consulting, giving the career path plenty of variety.
The job involves deep research and analysis. Economists check the impact of tax changes, monetary policy, and government spending on the broader economy. They also look at trends in trade, employment, wages, and industry growth. This research helps organisations understand where things are headed and how to plan for it.
Day-to-day tasks range from analysing data to writing reports and presenting findings. Economists use software tools to model economic scenarios and forecast outcomes. They often work with policy teams, finance staff, and senior leaders. The ability to turn complex data into clear advice is one of the most valued skills in the role.
Economics is a field with real demand across Australia. Government agencies, banks, consultancies, and research groups all hire economists. With the right degrees and skills, you can expect a dynamic and rewarding career. There are also good chances to specialise in areas like health, environmental, or labour economics.
Career Outlook for Economist
A career as an economist in Australia offers a stable path in a specialist, data-driven field. Around 4,600 economists were in work in 2025 (Jobs and Skills Australia, 2025). The median age is 35, which is fairly young for a professional role. This reflects strong demand from graduates entering public service, financial services, and consulting.
Most economists work full-time. About 90% are in full-time roles, averaging 43 hours per week. Women make up 36% of the workforce, and that share is growing. Annual employment change was a slight decline of 100 positions in 2025, in a profession that historically stays stable.
The outlook for economists is driven by demand for data work and evidence-based policy. Governments, banks, and consulting firms rely on economists to make sense of complex data. As digital tools and big data reshape the economy, economists with strong data skills will stay in demand. The focus on climate, housing, and labour market reform also creates new openings for specialist roles.
About the author
Laura Atkinson is an Account Management and SEM specialist at Course Finder Group with six years' experience in the Australian education sector. She works day to day with universities, TAFEs and independent training providers, which gives her a close view of how courses map to real career outcomes. She writes practical guidance on career pathways, choosing the right qualification and what to expect when moving into a new field.
