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CAREER PROFILE

Economist

Economists study how people, businesses, and governments make choices about money, resources, and policy. They use data, research, and models to understand trends and explain what may happen next. In Canada, economists often work in government, banks, insurance, and other professional services. If you like solving problems, working with numbers, and turning facts into clear advice, this career can be a strong fit.

EDUCATION ROUTEUniversity normally required
WORK STYLEVaries by role
CAREER FIELDGovernment and Public Administration

HOW TO GET THERE

Typical pathway

A university degree is common for this occupation, and many workers also have study beyond the bachelor’s level. Students interested in this path usually build a strong background in math, economics, and research. Courses in statistics, business, computer use, and writing can also help. After high school, many people complete a bachelor’s degree in economics or a related field, and some continue to graduate study. Requirements can vary by employer and job level, especially between public-sector, finance, and research roles. Internships, co-op, or research assistant experience can be helpful when available.

THE WORK

What you may do

Economists research how goods, services, labour, and money move through the economy. They collect and analyze data, look for patterns, and use economic models to study prices, employment, trade, public policy, and business conditions. Their work often includes preparing reports, forecasts, and recommendations for decision-makers. Economists may compare different policy options, measure the effect of changes, and explain results in plain language to non-specialists. They may also advise governments, financial institutions, companies, or research groups. Depending on the workplace, they may focus on topics such as inflation, consumer behaviour, regional development, or public spending.

A DAY IN THE LIFE

What a day can include

A typical day may start with reading new data, reports, and news that could affect the economy or a specific sector. An economist might spend part of the morning cleaning data, building charts, or testing a model. Later, they may meet with coworkers or clients to discuss what the results mean and what questions still need answers. Some time is often spent writing briefs, forecasts, or policy notes. Deadlines can be tied to budgets, public reports, or business decisions. The work can shift quickly when new information comes in, so economists need to stay organized and careful with details.

SKILLS TO BUILD

Skills used in this Career

data analysiscritical thinkingresearchstatisticswritten communicationproblem solvingcomputer softwareattention to detail

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