|This page was first published on 15 November 2023 and was last amended on 20 November 2023.
View details of the changes below.
Economics is a diverse, fascinating discipline that studies a wide range of issues that shape the broad framework of society – political, social and commercial. The School of Economics has a proud history as one of the most highly ranked centres in economics globally. This is reflected in our degrees, which promote a deep understanding of the key concepts of economics with a focus on contemporary issues of Australian and international importance. Our graduates are equipped with the key skills to work in fields such as the financial and banking sectors, leading policy institutions and NGOs, the commodities and futures markets, financial journalism, business and consulting.
The School offers the three-year (full time) Bachelor of Economics and the four-year (full time) Bachelor of Economics/Bachelor of Advanced Studies.
All Bachelor of Economics students complete a program in Economics or Advanced Economics* which covers foundational studies in microeconomics, macroeconomics, and econometrics and includes a choice of one of the following majors:
Students also complete a second major (mandatory for the Bachelor of Economics/Bachelor of Advanced Studies) or minor from a range of subject areas including the humanities, social sciences, business and STEM, and units of study from the Open Learning Environment. Additionally, students enrolled in the Bachelor of Economics/Bachelor of Advanced Studies complete a program of advanced coursework or honours (entry criteria apply) in their final year.
*Students completing the Advanced Economics program must take the Economics major
For detailed information on degree requirements, please refer to the course resolutions.
To qualify for the award of the Bachelor of Economics, a candidate must complete 144 credit points, comprising:
To qualify for the award of the Bachelor of Economics/Bachelor of Advanced Studies, a candidate must complete 192 credit points, comprising:
Sample degree plans are available to assist students with forward planning, including taking units of study in the correct sequence.
The program in Economics/Advanced Economics consists of 72 credit points. A major consists of 48 credit points in a single subject area. A minor consists of 36 credit points in a single subject area.
Bachelor of Economics and Bachelor of Economics/Bachelor of Advanced Studies students complete a program in economics with an embedded major in Econometrics; Economics; Environmental, Agricultural and Resource Economics; or Financial Economics.
Overlapping core units of study
An overlap in core units of study occurs with certain combinations of majors. For example, the core unit ECON1001 Introductory Microeconomics is common to the Economics and Financial Economics majors. This situation also arises between some School of Economics majors and majors offered by the Business School and Faculty of Science. For example, the 1000-level core units in the Finance major (Business School), BUSS1020 Quantitative Business Analysis and BUSS1040 Economics for Business Decision Making, are equivalent to ECMT1010 Introduction to Economic Statistics and ECON1001 Introductory Microeconomics, respectively. Bachelor of Economics students are required to complete the core units specified for the Bachelor of Economics rather than equivalent units offered by other faculties.
The Advanced Coursework option provides Bachelor of Economics/Bachelor of Advanced Studies students with the opportunity to broaden and deepen their subject knowledge and conduct a research project. Requirements and units of study for advanced coursework in Economics can be found on the Economics advanced coursework units of study page.
Honours is an additional year (full time) of study on top of a three-year bachelor’s degree. It provides students an opportunity to develop research skills in their undergraduate major by undertaking advanced coursework and conducting a supervised but independent research project. An honours year adds greater depth to an undergraduate degree and is a pathway to both highly sought-after graduate programs in the public and private sectors, and postgraduate research courses.
Honours in Economics or Econometrics may be undertaken in the final (fourth) year of a Bachelor of Advanced Studies combined degree or an appended honours degree such as the Bachelor of Economics (Honours). Students are required to meet the relevant admission criteria. The School of Economics is one of a handful of schools that provide a dedicated honours stream which commences in Year 2 and therefore requires early degree planning. The stream comprises units of study in advanced microeconomics, macroeconomics, mathematical economics, and applied econometrics in Years 2 and 3, which prepare students for the advanced coursework and independent research that they will undertake in the honours year (Year 4).
The Honours program aims to finetune students' analytical, problem solving, writing, presentation and time-management skills. All units in the program are taught in smaller classes to facilitate greater interaction with academic staff and to enhance the Honours cohort learning experience.
Admission to the Honours program is also possible in Years 3 and 4; however, the entry criteria are higher for students who take this pathway than for those who commence in Year 2. Students entering in later years may also be required to complete some units from the second- and third-year Honours program.
The Dalyell stream is a targeted stream for high achievers. Students who participate in the Dalyell stream are known as ‘Dalyell Scholars’ and have access to curricular and extra-curricular activities.
Dalyell Scholars are required to complete 12 credit points of Dalyell stream units. Dalyell stream units emphasise the development of vision, depth of understanding, adaptability, breadth of perspective, societal contribution, and a high level of capability in operating across disciplinary and cultural boundaries. Dalyell Scholars may take Dalyell stream units offered by any faculty.
Additionally, with the permission of the Dalyell Program Director, students have access to enrichment and accelerated units of study that can be completed as electives.
Students are required to complete 6 credit points in units of study from the Open Learning Environment, unless they are enrolled in the Dalyell stream.
Students can complete a second major or minor (Bachelor of Economics only) in a wide range of subject areas through the shared pool of majors and minors.
The available subject areas for majors and minors and their requirements can be found in the Interdisciplinary Studies Handbook.
Students may complete any additional units of study from Table A (Faculty of Arts and Social Sciences), Table S (shared pool), Table O (OLE), or Table D (for students enrolled in the Dalyell stream) needed to achieve the credit-point total required for their degree.
|20/11/2023||Incorrect hyperlinks for Table A for the Bachelor of Economics:
"Any additional units from Table A for the Bachelor of Economics"
|Hyperlinks corrected to point to Unit of study table (Table A):
"Any additional units from Table A for the Bachelor of Economics"