How to Become an Agricultural Economist: Australian Careers in Agriculture

Agricultural Economists in Australia mostly work full‑time. About 91% of people in economics roles work full‑time hours. The average pay for an Agricultural Economist is around $131,000 per year, with entry‑level roles starting near $93,000 and senior roles reaching $151,000. The role falls under the Economist job group, which has about 4,200 workers and a strong job outlook.

What is a Agricultural Economist?

Agricultural Economists most often work for government bodies, research groups, universities, and farm business firms. Key public sector employers include ABARES and state primary industry departments. The standard entry degree is a bachelor in economics, agricultural economics, or agricultural science, with many holders of a postgraduate degree.

Career snapshots for Agricultural Economists

Agricultural Economists in Australia manage data and research to improve farm productivity, market access, and rural wellbeing. Their work blends desk research with direct contact with farmers, policymakers, and industry groups.

What will I do?

Agricultural Economists use economics to tackle food production, land use, and rural life, making farming more efficient and profitable.

- Data Analysis – Gathering data on farm output, prices, and market trends to guide decisions.
- Policy Development – Helping design farm policies that boost land use, farm profits, and rural wellbeing.
- Market Research – Studying supply and demand for farm products to find market chances and risks.




- Economic Modelling – Building models to forecast how climate change, trade shifts, or recent technology affect farm incomes.
- Cost‑Benefit Analysis – Checking the economic case for farm projects, irrigation schemes, or new farming methods.
- Advisory Services – Guiding farmers and farm businesses on financial planning, risk, and best practice.
- Research and Reporting – Writing reports on farm economics for government bodies, industry groups, and journals.
- Stakeholder Collaboration – Working with scientists, land managers, and officials to find practical solutions.

What skills do I need?

The role requires strong analytical ability, proficiency in statistical software and economic modelling tools, and the capacity to translate complex findings into clear language for a diverse audience. Effective written and verbal communication, stakeholder engagement, and problem‑solving skills are also essential.

Skills/attributes

- Strong analytical and quantitative skills
- Proficiency in statistical and econometric methods
- Knowledge of agricultural production systems
- Understanding of environmental and resource economics
- Ability to collect, interpret, and present data
- Clear written and verbal communication
- Policy analysis and research skills
- Problem‑solving and critical thinking
- Teamwork and stakeholder engagement
- Adaptability to changing markets and conditions
- Understanding of rural and regional development issues

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