Economics is the social science that studies the production, distribution, and consumption of goods and services. It focuses on how individuals, businesses, governments make decisions that determine how resources are allocated. The study of economics can help us understand historical trends, predict future developments, and design public policies to address economic challenges.
Economists
Economists are social scientists who study the production, distribution, and consumption of goods and services. They use economic theories and data analysis to understand and forecast economic developments, and to evaluate the effectiveness of economic policies.
Investment Analyst
An investment analyst is a professional who conducts research and provides advice to clients. on investment opportunities. They typically work for investment banks, asset management firms, or other financial institutions. Investment analysts use a variety of tools and techniques, such as financial modelling and market analysis, to evaluate the potential risks and rewards of different investments. They may also monitor market trends and track the performance of investments to provide ongoing advice to clients.
Pricing Analyst
A pricing analyst is a professional who uses market research, data analysis, and other techniques to determine the optimal price for a product or service. They are responsible for collecting and analysing data on market conditions, competitors, and customer behaviour, to develop pricing strategies that support the organisation's business goals and objectives. This can involve setting prices for individual products or services, as well as developing pricing models and frameworks for use across the organisation.
Public Sector
Public sector economists work for government agencies, such as the Reserve Bank or Australia, departments of finance, and economic development agencies. They conduct economic research, analyse data, and develop economic policies to support the goals of the government. Public sector economists may focus on specific areas, such as labour markets, international trade, or monetary policy.