The Bachelor of Economics offers students the analytical and quantitative skills required for an in-depth understanding of key economic principles.
The degree complements this knowledge with the option of majors across selected business disciplines.The course includes training in econometrics, macroeconomics and microeconomics with an emphasis on practical policy.
A capstone subject synthesises knowledge from game theory, experimental economics and industrial organisation to study policy-making in real-world settings.
Students must complete 144 credit points made up of 24 subjects - 11 core subjects (66 credit points), three economics elective subjects (18 credit points), a major or two sub-majors, or a sub-major and four electives comprising eight subjects (48 credit points) and two business elective subject (12 credit points).
Course completion requirements
course
|
credit
|
STM91017 Core subjects (Economics)
|
66cp
|
STM91018 Major/Sub-majors/Electives
|
60cp
|
CBK91076 Electives (Economics)
|
18cp
|
Total
|
144cp
|
Course diagram
Course program
Typical full-time programs for the core subjects are shown below for students commencing in Autumn and Spring sessions.
Autumn commencing, full time
Year 1
Autumn session
course
|
credit
|
23000 Principles of Microeconomics
|
6cp
|
26134 Business Statistics
|
6cp
|
23565 Mathematics for Economics and Business
|
6cp
|
Select 6 credit points of options
|
6cp
|
Spring session
course
|
credit
|
23001 Principles of Macroeconomics
|
6cp
|
23567 Intermediate Microeconomics
|
6cp
|
23571 Introductory Econometrics
|
6cp
|
Select 6 credit points of options
|
6cp
|
Year 2
Autumn session
course
|
credit
|
23568 Intermediate Macroeconomics
|
6cp
|
23592 Game Theory
|
6cp
|
Select 12 credit points of options
|
12cp
|
Spring session
course
|
credit
|
23572 Applied Microeconometrics
|
6cp
|
Select 18 credit points of options
|
18cp
|
Year 3
Autumn session
course
|
credit
|
23002 Market Design
|
6cp
|
Select 18 credit points of options
|
18cp
|
Spring session
course
|
credit
|
23003 Economic Policy and Market Design (Capstone)
|
6cp
|
Select 18 credit points of options
|
18cp
|
Spring commencing, full time
Year 1
Spring session
course
|
credit
|
23000 Principles of Microeconomics
|
6cp
|
26134 Business Statistics
|
6cp
|
23565 Mathematics for Economics and Business
|
6cp
|
Select 6 credit points of options
|
6cp
|
Year 2
Autumn session
course
|
credit
|
23001 Principles of Macroeconomics
|
6cp
|
23567 Intermediate Microeconomics
|
6cp
|
23571 Introductory Econometrics
|
6cp
|
Select 6 credit points of options
|
6cp
|
Spring session
course
|
credit
|
23568 Intermediate Macroeconomics
|
6cp
|
23592 Game Theory
|
6cp
|
Select 12 credit points of options
|
12cp
|
Year 3
Autumn session
course
|
credit
|
23572 Applied Microeconometrics
|
6cp
|
Select 18 credit points of options
|
18cp
|
Spring session
course
|
credit
|
Select 18 credit points of options
|
18cp
|
23002 Market Design
|
6cp
|
Year 4
Autumn session
course
|
credit
|
23003 Economic Policy and Market Design (Capstone)
|
6cp
|
Select 18 credit points of options
|
18cp
|
Applicants must have completed an Australian Year 12 qualification, Australian Qualifications Framework Diploma, or equivalent Australian or overseas qualification at the required level.
The English proficiency requirement for international students or local applicants with international qualifications is: Academic IELTS: 6.5 overall with a writing score of 6.0; or TOEFL: paper based: 550-583 overall with TWE of 4.5, internet based: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64; or CAE: 176-184.
Eligibility for admission does not guarantee offer of a place.
International students
Visa requirement: To obtain a student visa to study in Australia, international students must enrol full time and on campus. Australian student visa regulations also require international students studying on student visas to complete the course within the standard full-time duration. Students can extend their courses only in exceptional circumstances.