Economists and Economic Policy Analysts
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Job description
These individuals conduct research, collect data, and analyze information to solve economic and business problems. They develop models to analyze and forecast economic phenomena and trends. They provide advice in various fields (finance, international trade, labour market, etc.). They work for:
- The public service
- Associations
- Unions
- Research organizations
- Banks
- Investment companies
Environment
- Controlled ambient temperature
Main tasks
- Analyze, explain, and forecast economic phenomena and trends.
- Develop methods for collecting and analyzing economic data.
- Forecast the production and consumption of goods and services based on past trends and the current economy.
- Forecast trends in income and spending, interest rates, and exchange rates.
- Suggest measures to increase economic activity.
- Analyze the factors that influence labour force, employment, wage, and unemployment data.
- Apply mathematical formulas and statistical techniques to solve economic problems.
- Study the characteristics of money and credit and the operation of banks and other financial institutions.
- Evaluate and advise on the effectiveness of monetary and fiscal policies.
- Conduct research to identify problems related to existing legislation and to propose solutions to the issues raised.
- Study the facts and points of law related to decisions to be rendered.
- Draft and disseminate information on new legislation.
Advancement and mobility
- Experience leads to management, team leader, or coordinator positions.
Hourly wage
The hourly wage is calculated by averaging wages from 2022 to 2024.- Minimum
- $28.72
- Median
- $46.00
- Maximum
- $80.00
Job prospects for 2024-2028
Job prospects for 2024-2028
Job prospects
All of Québec
All of Québec
Total jobs for 2023
All of Québec
All of Québec
Gender distribution
All of Québec
- 46.9% Female
- 53.1% Male
- 46.9% Female
- 53.1% Male
Job types
All of Québec
- Full time
- Part time
- Full time
- Part time
Yearly wage on 2020
All of Québec
All of Québec
Other characteristics
All of Québec
- None
All of Québec
- None
Sectors of activity
All of Québec
-
NAICS 9142% of jobs
-
NAICS 521, 522, 523, 52620% of jobs
-
NAICS 5416, 541710% of jobs
-
NAICS 5245% of jobs
-
NAICS 814% of jobs
-
Others19% of jobs
All of Québec
-
NAICS 9142% of jobs
-
NAICS 521, 522, 523, 52620% of jobs
-
NAICS 5416, 541710% of jobs
-
NAICS 5245% of jobs
-
NAICS 814% of jobs
-
Others19% of jobs
Training and requirements
Formation
Most training programs are offered in French only.
University
Banking and financial transactions
Master’s degree
Placement rate: 92.5%
2.5% of graduates pursue further studies
Bachelor’s degree
Placement rate: 81.8%
14% of graduates pursue further studies
Business administration
Bachelor’s degree
Placement rate: 84.1%
12.1% of graduates pursue further studies
Master’s degree
Placement rate: 92%
3.1% of graduates pursue further studies
- HEC Montréal
- Bishop's University
- Concordia University
- Université de Sherbrooke
- Université du Québec à Chicoutimi
- Université du Québec en Outaouais
- Université du Québec à Montréal
- Université du Québec à Rimouski
- Université du Québec à Trois-Rivières
- Université du Québec en Abitibi-Témiscamingue
- Université Laval
- McGill University
- TÉLUQ
Business management and administration
Bachelor’s degree
Placement rate: 93%
1.8% of graduates pursue further studies
Master’s degree
Placement rate: 93.3%
3.5% of graduates pursue further studies
- HEC Montréal
- Bishop's University
- Concordia University
- Université de Sherbrooke
- Université du Québec à Chicoutimi
- Université du Québec en Outaouais
- Université du Québec à Montréal
- Université du Québec à Rimouski
- Université du Québec à Trois-Rivières
- Université du Québec en Abitibi-Témiscamingue
- Université Laval
- McGill University
Economics
Bachelor’s degree
Placement rate: 67%
26.1% of graduates pursue further studies
Master’s degree
Placement rate: 84.2%
5.3% of graduates pursue further studies
Geopolitical studies
Political science
Bachelor’s degree
Placement rate: 38.4%
55.7% of graduates pursue further studies
Master’s degree
Placement rate: 77.4%
16.9% of graduates pursue further studies
Rural economics
Bachelor’s degree
Placement rate: 68.8%
31.3% of graduates pursue further studies
Master’s degree
Placement rate: 100%
Urban studies
Bachelor’s degree
Placement rate: 70.8%
20.8% of graduates pursue further studies
Master’s degree
Placement rate: 71.4%
14.3% of graduates pursue further studies
Also required
- Qualification process leading to a place in a bank of qualified candidates (applicable to the public service).
Sometimes required
- A Master’s degree in Economics or related field (e.g. Business Administration) is usually required.
- A Doctoral degree in Economics may be required.
Main skills and characteristics
Skills
- Data collection
- Information processing
- Active listening
- Critical thought
- Written expression
- Oral expression
- Mathematics
- Reading comprehension
- Judgment and decision-making
- Solving complex problems
- Active learning
- Teaching
- System analysis
- Learning strategies
- Systems evaluation
- Time management
- Coordination
- Result evaluation
- Persuasion
Abilities
- Written comprehension
- Deductive reasoning
- Written expression
- Inductive reasoning
- Speech clarity
- Oral comprehension
- Verbal skills
- Mathematical reasoning
- Awareness of issues
- Idea generation
- Basic numeracy
- Near vision
- Speech recognition
- Classification
- Information organization
- Originality
Knowledge and attributes
- Critical thinking
- Autonomy
- Spoken and written bilingualism (French and English)
- Knowledge of economics and accounting
- Knowledge of mathematics
- Rigour
- Capacity to be discrete
- Capacity for synthesis
- Sense of observation
- Knowledge of office work
Interests
- Draft, communicate, and inform
- Work with numbers
- Work in an office
- Create, design
- Work in computer science or information and communication technologies (ICT)
- Carry out research
Personality profiles (RIASEC)
- Investigative
- People with this profile prefer relying on theoretical knowledge before acting. They like observation, analysis and problem solving.
- Conventional
- People with this profile prefer specific, well-defined tasks. They like to respect the order of things and follow established rules.
- Social
- People with this profile prefer to be in contact with others, in particular to entertain, help or teach them.
Official name of the NOC 41401
Economists and economic policy researchers and analysts
Job titles
- Economist
- Economic policy analyst
- Industrial economist
- Economic consultant
- Economic policy researcher
- Business analyst - economics
- Labour market information analyst
- Business intelligence analyst - economic research
- Risk management analyst
- Salary analyst - economic policy
- Fiscal economics analyst
- Trade analyst
- Economic analyst
- Economic advisor
- Consumer advisor - economics
- Economic policy adviser
- Econometrician
- Agricultural economist
- Business economist
- Energy economist
- Land use economist
- Health economist
- Investment economist
- Price economist
- Industrial relations economist
- Resource economist
- Forest resources economist
- Human resources economist
- Natural resources economist
- Territorial resources economist
- Transport economist
- Trade economist
- Industrial trade economist
- International trade economist
- Development economist
- Financial market economist
- Welfare economist
- Labour economist
- Tax economist
- Financial economist
- Forest economist
- General economist
- Mathematical economist
- Regional economist
- Social economist
- Economic research group supervisor
Skill type
Education, law and social, community and government services
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Last update: January 29, 2026