Bachelor of Economics (Advanced)

Aspire to be a leader in business, policy or research?The Bachelor of Economics (Advanced) is a uniquely structured and specialised degree for students who want to stand out in their field.

The Bachelor of Economics (Advanced) program contains compulsory courses designed to give students a highly developed understanding of economics and advanced research skills. The compulsory courses include the three program-specific advanced courses: Quantitative Methods for Economic Analysis I, Intermediate Microeconomics II and Advanced Economic Analysis III. They cover the central areas of economics and complement the standard core courses in microeconomics (how consumers and firms behave and how markets work), macroeconomics (the growth and stability of the whole economic system) and econometrics (the statistical tools for economic data analysis). The compulsory courses make up approximately half of the degree. Like the conventional Bachelor of Economics, the remaining components of the program consist of optional or elective courses chosen from a large pool of courses from Economics or other areas. Students in the Advanced degree can also obtain majors in Financial Economics, Politics and International Relations, Public Policy or International Economic Development. In addition, study plans for studying for the Bachelor of Economics (Advanced) concurrently with other degrees (e.g. Law or Engineering) are available.To remain in this highly competitive program, students must maintain a high grade point average (GPA) throughout their candidature. The optional Honours (fourth) year involves the writing of a research report or thesis together with advanced coursework in macroeconomics, microeconomics and econometrics.

Academic Program Rules

The Calendar is a comprehensive handbook of the University's academic program rules.

You can find the academic program rules for this degree under the Faculty of the Professions rules.

Areas of Specialisation

Students in the Advanced degree can obtain a major in Financial Economics, Politics and International Relations, Public Policy, or International Economic Development. It is also possible to study the Bachelor of Economics (Advanced) concurrently with other degrees.If students do not want to formally major in any of the areas above, however, a minor in Financial Services is available. Students also have the flexibility to specialise in another area of economics (e.g. environmental economics). And they can enhance that specialisation by taking courses with the same focus, but from other disciplines (e.g. environmental studies).

Example Study Plan

Indicative study planfor students commencing in 2020 Year level 1 Core Courses ECON 1012 Principles of Economics IECON 1011 Quantitative Methods for Economic Analysis IECON 1010 Mathematical Economics I ECON 1002 Australia in the Global Economy I or ECON 1005 Introduction to Mathematical Economics I or ECON 1009 International Financial Institutions and Markets I or ECON 1013 Using Big Data for Economic and Social Problems I Electives Four Level I electives not already taken and chosen from:ECON 1002 Australia in the Global Economy IECON 1005 Introduction to Mathematical Economics IECON 1009 International Financial Institutions and Markets IECON 1013 Using Big Data for Economic and Social ProblemsCourses from other disciplines offered within the University Year level 2 Core Courses ECON 2507 Intermediate Macroeconomics IIECON 2513 Global Economic History IIECON 2516 Intermediate Microeconomics IIECON 2517 Intermediate Econometrics II Electives Four Level II electives chosen from:ECON 2500 International Trade and Investment Policy IIECON 2502 East Asian Economies IIECON 2508 Financial Economics IIECON 2511 Behavioural Economics IICourses from other disciplines offered within the University Year level 3 Core Courses ECON 3502 Econometrics IIIECON 3523 Advanced Economic Analysis IIITwo Level III electives chosen from:ECON 3500 Resource and Environmental Economics IIIECON 3501 Development Economics IIIECON 3503 Game Theory IIIECON 3504 Labour Economics IIIECON 3506 International Trade IIIECON 3508 Public Economics IIIECON 3510 International Finance IIIECON 3511 Money, Banking and Financial Markets IIIECON 3528 Human Resources Economics III Electives Four Level III electives not already taken and chosen from:ECON 3500 Resource and Environmental Economics IIIECON 3501 Development Economics IIIECON 3503 Game Theory IIIECON 3504 Labour Economics IIIECON 3506 International Trade IIIECON 3508 Public Economics IIIECON 3510 International Finance IIIECON 3511 Money, Banking and Financial Markets IIIECON 3528 Human Resources Economics IIIECON 3529 Rethinking Capitalism IIICourses from other disciplines offered within the University, including the following (subject to availability and approval):PROF 3500 Undergraduate Professions InternshipPROF 3501 Undergraduate Professions Internship OSPROF 3883 Graduate Career Readiness Notes: This is an indicative study plan and subject to change. Study plans for studying for the Bachelor of Economics (Advanced) with a Major or concurrently with other degrees (e.g., Law or Engineering) are available. For further details, please see the Study Plans page of the Professions Support Hub. *Students who have not successfully completed Year 12 Mathematical Methods must complete the ECON 1005 Introduction to Mathematical Economics first, followed by the ECON 1010. Students may count the ECON 1005 as one of their Level I electives. ECON 1005 assumes no previous study of mathematics and covers topics relevant to economics undergraduates.

Assessment

Assessment is based on a range of methods. Typical examples of those methods include examinations, tests, individual or group assignments, projects, presentations, online quizzes and tutorial work.

For those who are based in Adelaide, we will be offering a blended delivery mode that combines face-to-face with remote learning in as many courses as possible, taking into consideration social distancing and hygiene. All lectures will continue to be delivered online for the remainder of the year, with some exceptions.

For our students who are studying offshore for the remainder of the 2020 Academic Year, the University will continue to offer high-quality access to the learning resources remotely. This includes all lectures, tutorials and other support material. Students will be advised in advance if there are course components that cannot be provided in remote mode and, wherever possible, offered alternative courses.

Career Readiness

Completing the Bachelor of Economics (Advanced) will enhance graduates' career opportunities by demonstrating to employers:

• high academic merit standards (both to enter and retain their place)
• advanced training in economic analysis and research.

Employers will also be aware of past graduates' reputation for outstanding performance.

The Bachelor of Economics (Advanced) provides a springboard into leadership positions involving research, policymaking and consultancy. It is also an excellent pathway (via honours) to PhD study, and a career in academia.

The University of Adelaide Careers Service prepares, inspires and empowers students to achieve successful career transitions and connect with industry.

Graduate Attributes

Adelaide Graduate Attributes

1. Deep discipline knowledge
2. Critical thinking and problem solving
3. Teamwork and communication skills
4. Career and leadership readiness
5. Intercultural and ethical competency
6. Self-awareness and emotional intelligence

Industry Placement

It may be possible to secure a work placement through the Professions Internships program.

Potential careers

Banker, Data Analyst, Policy Adviser, Econometrician, Economic Researcher, Economist, Public Servant, Environmental Economist