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Economist

OFO Code: 263101

Last checked 3 October 2026

PATHLENS

1. Occupation identity

OFO code
263101
Occupation
Economist
Classification
OFO 2021
Major group
PROFESSIONALS
Unit group
2631 · Economists

Official description
Economists conduct research, monitor data, analyze information and prepare reports and plans to resolve economic and business problems and develop models to analyze, explain and forecast economic behaviour and patterns. They provide advice to business, interest groups and governments to formulate solutions to present or projected economic and business problems.

More official OFO detail

Specialisations: Development Finance Project Analyst, Resource Economist, Health Economist, Taxation Economist, Price Economist, Economic Consultant, Economic Advisor, Economic Analyst, Micro-economist, Agricultural Economist, Economic Forecaster, Macro-economist, Mineral Economist, Small Business Economist, Environmental Economist, Research Economist, Industrial Economist, Financial Economist, Econometrician, Labour Market Economist, Merger Analyst

  • Forecasting changes in the economic environment for short-term budgeting, long-term planning and investment evaluation
  • Forecasting production and consumption of specific products and services based on records of past production and consumption and general economic and industry-specific conditions
  • Examining problems related to the economic activities of individual companies
  • for goods and services, to assess market potential and future trends and to develop business strategies
  • Compiling, analyzing and interpreting economic data using economic theory and a variety of statistical and other techniques;
  • Applying mathematical formulae and statistical techniques and apply to test economic theories and devise solutions to economic problems;
  • Monitoring economic data to assess the effectiveness, and advise on the appropriateness, of monetary and fiscal policies;
  • Preparing scholarly papers and reports
  • Evaluating the outcome of political decisions concerning public economy and finances and advising on economic policy and possible courses of action in the light of past, present and projected economic factors and trends
  • Analyzing factors that determine labour force participation, employment, wages, unemployment and other labour market outcomes
  • Preparing forecasts of income and expenditure, interest rates and exchange rates
  • Conducting research on market conditions in local, regional or national areas to set sales and pricing levels

2. Demand status

Demand evidence not yet linked

This is an official OFO 2021 occupation. Demand status is separate evidence and is not inferred from inclusion in the OFO.

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3. Salary evidence

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5. Qualification

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7. Industry, sector and provincial context

National occupation classification. Industry and provincial context are shown only where a separate official source supports the link.

No source-backed modern OFO↔SIC 7 industry link has been ingested for this occupation yet. PathLens does not infer one from the job title.

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8. Next steps — official links

9. Decision tools

10. Sources for this page