NOC 41401Economists and economic policy researchers and analysts

TEER 1 — Usually require a university degree

NOC 41401 is the Canadian National Occupational Classification code for Economists and economic policy researchers and analysts. It is classified TEER 1 — Usually require a university degree, which meets the skill requirement for Express Entry. An officer decides whether you can claim this code by comparing the duties written in your reference letter against the official main duties below — not by your job title.

Express Entry eligible: Yes
Regulated in Québec: No
In demand in Manitoba: No

Classification

Education, law, social & government services

4 › 41 › 414 › 4140

Definition

Economists and economic policy researchers and analysts 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 advise on matters such as finance, fiscal and monetary policy, international trade, agricultural and natural resource commodities and labour and industrial markets. They are employed by government departments and agencies and throughout the private sector in associations, unions, research organizations, banks and investment firms.

Main duties

This group performs some or all of the following duties:
Conduct research and develop models to analyze, explain and forecast economic behaviour and patterns, and devise methods for collection and analysis of data
Forecast production and consumption of specific products and services based on records of past production and consumption and general economic and industry-specific conditions
Prepare forecasts of income and expenditure, interest rates and exchange rates
Analyze factors which determine economic growth and advise government agencies on policies to increase economic activities
Analyze factors which determine labour force participation, employment, wages, unemployment and other labour market outcomes
Study mathematical formulae and statistical techniques and apply them to the testing and quantifying of economic theories and the solution of economic problems
Study the nature of money, credit and the operation of banks and other financial institutions to develop monetary policies and forecasts of financial activity
Monitor economic data to assess the effectiveness, and advise on the appropriateness, of monetary and fiscal policies
Examine problems related to the economic activity of individual companies
Examine financial methods, production costs and techniques and marketing policies to recommend possible improvements
Examine statistical data on the exchange of goods and services among nations
Forecast production and consumption of renewable resources and supply, consumption and depletion of non-renewable resources
Conduct research on market conditions in local, regional or national area to set sales and pricing levels for goods and services, to assess market potential and future trends and to develop business strategies
Monitor regional and local economic trends
Study regulatory processes and provide material in support of legal proceedings with government and other parties.

Example job titles

•agricultural economist
•economic advisor
•economic analyst
•economic policy analyst
•economist
•energy economist
•financial economist
•industrial economist

Track the latest Express Entry and Québec draws →

Overview

Under the Canada NOC 2021 classification, NOC 41401 comprises economists and economic policy researchers and analysts. These professionals are responsible for conducting research, monitoring economic trends, analyzing data, and preparing reports to formulate plans and address economic and social problems. They are employed by government departments, financial institutions, labor organizations, agricultural organizations, and private sector consulting firms.

This occupation falls under TEER Category 1, which typically requires a bachelor's degree in economics or a related discipline, though a master's degree or doctorate is frequently preferred or required for advanced positions. Because of its high skill classification, professionals in this field may qualify for Express Entry programs, including the Federal Skilled Worker Program, as well as various Provincial Nominee Programs (PNPs) across Canada.

Educational overview summarizing this occupation. Always confirm against the official NOC profile and IRCC before relying on it.

Check program eligibility →

Frequently asked questions

Is NOC 41401 eligible for Express Entry?

Yes — Economists and economic policy researchers and analysts is TEER 1, and TEER 0–3 occupations meet the skill-level requirement for Express Entry programs such as the Federal Skilled Worker Program and the Canadian Experience Class. Full eligibility also depends on your work experience, language results and other program criteria.

What education or training does NOC 41401 usually require?

Economists and economic policy researchers and analysts is classified as TEER 1 — Usually require a university degree. Always confirm the exact employment requirements on the official NOC profile before relying on them.

Get the next draw in your inbox

One short email when IRCC publishes a new Express Entry draw — the cutoff, invitations, and what it means. Roughly every two weeks. No spam, ever.

By subscribing you consent to receive draw-alert emails from ScoreRoute Canada. Every email includes a one-click unsubscribe. See our privacy policy for details.

Occupation data: Statistics Canada / ESDC — National Occupational Classification (NOC) 2021.