Bachelor of Economics

Economists study the world through the analysis of decision-making in households, businesses and broader society. They examine details and put pieces together, always striving to understand the ‘big picture’.

Armed with these insights, economists can give expert advice on business strategy, understand the background behind the news, influence public policy for a better world, and make informed personal financial decisions.

What Will You Do? 

• learn how to break down complex issues into resolvable questions
• discover advanced techniques for analysing and managing data
• study how maths and statistics are applied to economics
• explore matters relating to the growth and stability of the whole economic system
• investigate social issues such as inequality, housing affordability, environmental management and depleting natural resources.

Where Could It Take You?

Economics graduates go on to all sorts of exciting careers. You might be a high-stakes stockbroker, banker, or financial planner, a data analyst in a government agency or health economist with a pharmaceutical group. You could be a demand planner in a big wine company. Perhaps you’ll end up working in journalism, foreign affairs or mobile game development.

Degree Structure:

The Bachelor of Economics program includes compulsory courses designed to give students a solid understanding of economics, plus a selection of optional courses.

The compulsory courses make up half of the program and include economic principles, applied economics and econometrics.

The other half of the program consists of optional or elective courses. Students can choose from further economics courses (for example big data, international economics, international trade, environmental economics, human resources economics, development economics, behavioural economics) or courses from other disciplines including accounting, finance, international studies, management, politics, marketing, geography, history, languages, mathematics, or computer science. In this way, the Bachelor of Economics will give students the opportunity to pursue one or more areas of interest outside of economics.

The optional Honours (fourth) year involves the writing of a research report or thesis together with advanced coursework in macroeconomics, microeconomics and econometrics.

Units:

• Year Level 1
• Core courses    ECON 1012 : Principles of Economics I
• ECON 1008 : Data Analytics I
• ECON 1005 : Introduction to Mathematical Economics I or ECON 1010 : Mathematical Economics I or approved Economics Level I mathematics course *
• ECON 1002 : Australia in the Global Economy I or ECON 1009  International Financial Institutions & Markets I or ECON 1013  Using Big Data for Economic and Social Problems I
• Electives    Four level 1 electives not already taken and chosen from:
• ECON 1002 : Australia in the Global Economy I
• ECON 1009 : International Financial Institutions and Markets I
• ECON 1010 : Mathematical Economics I
• ECON 1013 : Using Big Data for Economic and Social Problems I
• Courses from other disciplines offered within the University
• Year Level 2
• Core courses    ECON 2507 : Intermediate Macroeconomics II
• ECON 2513 : Global Economic History II
• ECON 2514 : Managerial Economics II
• ECON 2515 : Intermediate Applied Econometrics II
• Electives    Four level II electives not already taken and chosen from:
• ECON 2500 : International Trade and Investment Policy II
• ECON 2502 : East Asian Economies II
• ECON 2508 : Financial Economics II
• ECON 2511 : Behavioural Economics II
• Courses from other disciplines offered within the University
• Year Level 3
• Core courses    ECON 3525 : Economic Policy Analysis III
• ECON 3530 : Applied Econometrics III
• Plus two Level III courses from the Economics courses:
• ECON 3500 : Resource and Environmental Economics
• ECON 3501 : Development Economics III
• ECON 3503 : Game Theory III
• ECON 3506 : International Trade III
• ECON 3508 : Public Economics III
• ECON 3510 : International Finance III
• ECON 3511 : Money, Banking and Financial Markets III
• ECON 3519 : Advanced Mathematical Economics III
• ECON 3528 : Human Resources Economics III