ECONOMISTS Immigration to Australia PR Visa ANZSCO 224311

If you meet the requirements below please complete the “free assessment” and we will email you a free assessment outcome report.

  • You must ideally have a bachelor degree with 3 to 8 years or more work experience and have good English test result (ideally proficient English i.e., at least 7 for each of the 4 test components in IELTS or at least 65 for each of the 4 test components in PTE exams)
  • You must have at least 65 points but ideally have 70 points or more based on the “Free Australian Visa Assessment”.

 

Average Income:
The average salary for an Economist is $ 145,549 for male employees and $ 89,182 for female employees per year.

Average Age:
Males: 48.4 Females: 31.5 Persons: 40.7

[See: www.abs.gov.au 2243 Economists – Employee Earnings and Hours, Australia, May 2016]

 

Economist (ANZSCO Code 224311)
This occupation requires a qualification assessed as comparable to the educational level of an Australian Qualifications Framework (AQF) Bachelor degree or higher degree, in a field highly relevant to the nominated occupation. In addition to this, applicants must have undertaken at least one year of post-qualification employment at an appropriate skill level in the last five years which is highly relevant to the nominated occupation.

A positive assessment of both qualifications and employment is required for a positive Skills Assessment Outcome.

Land Economist (ANZSCO Code 224511)
This occupation requires a qualification assessed as comparable to the educational level of an Australian Qualifications Framework (AQF) Bachelor degree or higher degree, in a field highly relevant to the nominated occupation. In addition to this, applicants must have undertaken at least one year of post-qualification employment at an appropriate skill level in the last five years which is highly relevant to the nominated occupation.

A positive assessment of both qualifications and employment is required for a positive Skills Assessment Outcome.
A highly relevant field of study is Land Economics, which is the study of economic principles applicable to the use of land. Other closely related majors such as property or real estate with supporting highly relevant employment will be considered on a case-by- case basis.

Degrees with general economics units and without subjects in property/land economics/valuation would not be assessed positively.

 

Alternative Title: 
Economic Analyst

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.

Skill Level: 1

Specialisations:

Agricultural Economist
Econometrician Economic
Forecaster Environmental Economist
Health Economist
Labour Market Economist
Mineral Economist
Taxation Economist

UNIT GROUP 2243 ECONOMISTS

ECONOMISTS perform economic research and analysis, develop and apply theories about production and distribution of goods and services and people’s spending and financial behaviour, and provide advice to governments and organisations on economic policy issues.

Statisticians are excluded from this unit group. Statisticians are included in Unit Group 2241 Actuaries, Mathematicians and Statisticians.

Indicative Skill Level:
In Australia and New Zealand:

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification (ANZSCO Skill Level 1).

Tasks Include:

  • 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

Occupation:
224311 Economist