Economic Analyst

Economic analysts are responsibile for analysing, forecasting, reporting and providing advice on economic, industry and labour market policies. They monitor economic and demographic trends and guide the design and implementation of related government and commercial operations. Specialisations include those listed under the description of Economist. Generally, tasks may include:

  • Making recommendations for new policies
  • Preparing analysis of policies of economic policy issues, updating current reports
  • Assessing financial implications of policies
  • Working with legislation and keeping up to date with government policy decisions
  • Liaising and consulting with relevant stakeholders when preparing policy position statements
  • Applying critical analysis and quantitative techniques to policy issues and other related topics
  • Preparing models and other complex quantitative assessments
  • Preparing external statements, submissions and internal briefs

Economic analysts need to be able to work well individually and in teams and under the pressure of deadlines. They also need to be methodical, motivated, well organised and able to make well advised decisions. Sound computer skills, with experience using information sources such as ABS, ABARE and USCB or other related programs, and excellent analysis and statistical interpretation skills are valuable. Having experience in research, economic analysis, market research or company research and a degree or postgraduate qualifications in economics are essential to gaining employment in this industry.