Economics is a way of understanding the behaviour of individuals, firms, and governments. It explores how societies and communities function and develop, and studies the networks that form "The Economy".
It offers insight into the ways in which businesses are structured and compete and the ways in which people interact and make decisions. It also addresses how best to design the institutions that make decisions on our behalf and how to ensure that the decisions are 'good' from a social viewpoint.
Some examples of issues that Economics can address include: understanding what actions the Government and the Reserve Bank of Australia can take to impact the rate of unemployment in the economy, how water markets can allocate scarce water in the Murray-Darling basin to ensure a healthy environment; how scarce organs can best be matched with transplant patients; and how online game designers can encourage in-game purchases.
The perfect degree for those who are curious about the world and passionate about making a difference. Studying the will allow you to develop diverse skills that can be taken into the many industries and roles that require analytical ability.
A program for students interested in a specialised economic degree with a strong emphasis on research and advanced analytical skills and an ideal pathway into Honours. The is also conditionally offered to high-performing students enrolled in the Bachelor of Economics during the first, second, or third semesters.
An economics degree is a valuable accompaniment to many of the degrees on offer at the University. It is possible to study a combination of programs as ‘concurrent degrees’. For example:
- Bachelor of Economics with Bachelor of Finance
- Bachelor of Arts with Bachelor of Economics
- Bachelor of International Relations with Bachelor of Economics
- Bachelor of Teaching (Secondary) with Bachelor of Economics
It is advisable to seek advice from the Professions Support Hub at the University prior to undertaking concurrent degrees.
Honours Degree of Bachelor of Economics
The Honours Degree of Bachelor of Economics is for students who wish to pursue research-intensive careers in the departments and agencies of federal and state governments (the Treasury, the Reserve Bank of Australia, the Productivity Commission), and in the private sector (finance, consulting), or who want to undertake further education at Master’s and Doctoral levels.