The major in Economic Studies introduces students to the core concepts and techniques used in economic analysis with applications to a wide variety of issues including: economic development, public policy, macroeconomic forecasting, the design of financial contracts and industrial strategy. It is an exciting and broad-ranging major which offers insight into the ways that individuals make decisions and interact, the ways that businesses are structured and compete, and the role of government in economic activity.
The aim of the major in Economic Studies is to develop the knowledge and skills of students to enable them to embark upon a professional career in areas such as economics, financial markets, government policy, investment banking, consulting and business administration.
Learning outcomes
Upon successful completion of the major in Economic Studies, students will have the knowledge and skills to:
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Understand the roles played by consumers, producers and government institutions as the major components of a modern economy.
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Understand the basic principles and theory used in designing economic solutions to real world problems.
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Apply economic models of how individuals make decisions and interact, the ways that businesses are structured and compete, and the role of government in economic activity in order to it improve economic, social and business outcomes.
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Apply economic ideas to problems in other fields such as politics, science and engineering.
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Synthesize and communicate economic ideas in modes appropriate to a variety of audiences.
Learning Outcomes
Upon successful completion of the major in Economic Studies, students will have the knowledge and skills to:
- Understand the roles played by consumers, producers and government institutions as the major components of a modern economy.
- Understand the basic principles and theory used in designing economic solutions to real world problems.
- Apply economic models of how individuals make decisions and interact, the ways that businesses are structured and compete, and the role of government in economic activity in order to it improve economic, social and business outcomes.
- Apply economic ideas to problems in other fields such as politics, science and engineering.
- Synthesize and communicate economic ideas in modes appropriate to a variety of audiences.
- Work in both independent and collaborative ways with others.
Relevant Degrees
Requirements
The Economic Studies major is not available to students undertaking the Bachelor of Economics, either as a single degree or as part of a flexible double degree.
This major requires the completion of 48 units, which must consist of:
24 units from completion of the following course(s):
| Code | Title | Units |
|---|---|---|
| ECON1101 | Microeconomics 1 | 6 |
| ECON1102 | Macroeconomics 1 | 6 |
| ECON1100 | Economics I (H) | 6 |
| ECON2101 | Microeconomics 2(P) | 6 |
| ECON2102 | Macroeconomics 2(P) | 6 |
| ECON2016 | Economics II (H) | 6 |
A minimum of 6 units must come from completion of courses from the following list:
| Code | Title | Units |
|---|---|---|
| ECON3101 | Microeconomics 3 | 6 |
| ECON3102 | Macroeconomics 3 | 6 |
18 units from completion of the following course(s):
| Code | Title | Units |
|---|---|---|
| ECHI1006 | The Australian Economy: Past and Present | 6 |
| ECHI3008 | History of Economic Thought(P) | 6 |
| ECHI2006 | The World Economy Since 1800 (P) | 6 |
| ECON2008 | Japanese Economy and Economic Policy | 6 |
| ECON2009 | Labour Economics and Industrial Relations(P) | 6 |
| ECON2013 | Behavioral Economics | 6 |
| ECON2014 | Managerial Economics | 6 |
| ECON2026 | Money and Banking | 6 |
| ECON2091 | The Economy, Politics and the State | 6 |
| ECON2120 | Law and Economics(P) | 6 |
| ECON2128 | Resource and Environmental Economics (P) | 6 |
| ECON2131 | Public Sector Economics (P) | 6 |
| ECON2133 | Cost-benefit Analysis | 6 |
| ECON2139 | Law and Economics(H) | 6 |
| ECON2141 | Strategic Thinking: An introduction to Game Theory | 6 |
| ECON2900 | Development Poverty and Famine | 6 |
| ECON3006 | Financial Economics(P) | 6 |
| ECON3009 | Southeast Asian Economic Policy and Development(P) | 6 |
| ECON3013 | International Economics (H) | 6 |
| ECON3023 | Economic Policy Issues | 6 |
| ECON3053 | Political Economy of Macroeconomic Policy | 6 |
| ECON3057 | Industrial Organisation(P) | 6 |
| ECON3101 | Microeconomics 3 | 6 |
| ECON3102 | Macroeconomics 3 | 6 |
| ECON3103 | International Economics | 6 |
| ECON3152 | Game Theory (P) | 6 |
| EMET1001 | Foundations of Economic and Financial Models | 6 |
