Economist (ANZSCO 224311)

    Updated

    What an Economist does

    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.

    Also called
    Economic Analyst
    Specialisations
    Agricultural Economist, Econometrician, Economic Forecaster, Environmental Economist, Health Economist, Labour Market Economist, Mineral Economist, Taxation Economist

    Key facts

    ANZSCO code
    224311
    Skill level
    1Bachelor degree or higher
    Visas that list it
    189190491494
    Assessing authority
    VETASSESS
    National shortage
    No shortage

    Visa options

    Occupation eligibility is one requirement; each visa page links to the rest.

    Main tasks

    • 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

    Shortage by state

    • NationalNo shortage
    • ACTNo shortage
    • NSWNo shortage
    • NTNo shortage
    • QLDNo shortage
    • SANo shortage
    • TASNo shortage
    • VICNo shortage
    • WANo shortage

    State and territory nomination

    For the 190 and 491, each state and territory also has its own occupation list.

    Common questions

    What does an Economist do?

    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. Also called: Economic Analyst. (ABS ANZSCO description.)

    Is Economist on the skilled occupation list?

    Yes. Economist (ANZSCO 224311) is on the Medium and Long-term Strategic Skills List (MLTSSL) (lists in force from 14 December 2024). It is listed for the 189, 190, 491 and 494 visas.

    What is the ANZSCO code for Economist?

    224311. Home Affairs uses ANZSCO codes for skilled visas.

    How can an Economist migrate to Australia?

    The occupation lists Home Affairs publishes include Economist for the Subclass 189, Subclass 190, Subclass 491 and Subclass 494 visas. Being on a list is one requirement among several; each visa's page links to Home Affairs for the rest.

    Who assesses Economist for an Australian visa?

    VETASSESS, the skills assessing authority listed for 224311.

    Is Economist in demand in Australia?

    Jobs and Skills Australia rated it "No shortage" nationally in its 2025 Occupation Shortage List, with ratings for each state and territory shown above.

    Sources

    1. 1Department of Home Affairs, skilled occupation listimmi.homeaffairs.gov.au
    2. 2Australian Bureau of Statistics, ANZSCO – Australian and New Zealand Standard Classification of Occupations, 2022, CC BY 4.0abs.gov.au
    3. 3Jobs and Skills Australia, Occupation Shortage List, 2025 listjobsandskills.gov.au