Why is something as superfluous as diamonds so costly, but something as essential as water so cheap? How can the cost of the coffee beans make up only a few cents of the price of a cup of coffee? With the world’s highest minimum wage rate, can Australia ever compete with low wage countries?

The ANU Bachelor of Economics provides a framework and a way of thinking to help answer questions like these. Your coursework will span economics (both theory and applied), economic history, and econometrics while developing your analytical problem-solving and quantitative skills.

Whether working as an economist or in some other role, your Bachelor of Economics degree and training will be sought after.

When undertaking the Bachelor of Visual Arts at the ANU, you will be immersed in a program of rigorous scholarship and intensive studio practice, tailored to your aspirations and informed by internationally renowned art practitioners within Australia’s top-ranking university. You will graduate with the essential creative skills and critical knowledge to address the grand challenges of a rapidly changing world.

You will develop deep disciplinary knowledge and learn specialist skills offered across the School of Art and Design studio disciplines, including ceramics, glass, painting, photography and media arts, printmedia and drawing, sculpture and spatial practice, and textiles. You will extend your study through access to courses in the Centre for Art History and Art Theory, combined with access to electives from across the ANU.

Employment Opportunities

Economics provides a foundation for careers in:

• Public policy
• International development
•  Business and management
• Government and politics 
• Law
• Finance and insurance
• Teaching and education
• Marketing and tourism 
• Examples of job titles in economics are listed below.

Government Departments
Australian and overseas governments provide many career paths for economists.  Departments like Finance, Treasury, the Australian Bureau of Statistics, the Productivity Commission and the Australian Bureau of Agriculture and Resource Economics recruit heavily from the ANU.  Economists are also much in demand in other government departments dealing with issues such as Trade, Education, Employment and Social Security.  

Business and Management
Firms recruit economists because their advice is vital to businesses in understanding their business environment, how competitors react, and how changes in things such as interest rates, oil prices, exchange rates and consumer demand are likely to affect the business.  Consultancy and accounting firms employ economists to advise their clients which include both private firms and governments.

International Agencies
International agencies such as the World Bank, the International Monetary Fund and Oxfam recruit economists to advise them on the effects of policy changes, financial crises and conflicts in one part of the global economy on another, as they are transmitted through trade and financial flows.  Economists advise on trade policy and macroeconomic policy coordination.

Resource and Environmental Economist
Economists are employed to study natural resource use and environmental problems and their relationship to economic behaviour.  Employers include mining firms and regulatory agencies.  Economists contribute to the better management of natural resources and improving the global environment.

Schools and Universities
There is a thriving national and international market for academic economists in High Schools / Colleges and Universities. 

Finance and Banking
Financial institutions including Banks, and in particular the Reserve Bank of Australia, actively recruit economists to advise them on the state of the economy and on risks from factors such as interest rate changes and exchange rate movements.

Economics provides a foundation for careers in:

• Public policy
• International development
•  Business and management
• Government and politics 
• Law
• Finance and insurance
• Teaching and education
• Marketing and tourism 
• Examples of job titles in economics are listed below.

Government Departments
Australian and overseas governments provide many career paths for economists.  Departments like Finance, Treasury, the Australian Bureau of Statistics, the Productivity Commission and the Australian Bureau of Agriculture and Resource Economics recruit heavily from the ANU.  Economists are also much in demand in other government departments dealing with issues such as Trade, Education, Employment and Social Security.  

Business and Management
Firms recruit economists because their advice is vital to businesses in understanding their business environment, how competitors react, and how changes in things such as interest rates, oil prices, exchange rates and consumer demand are likely to affect the business.  Consultancy and accounting firms employ economists to advise their clients which include both private firms and governments.

International Agencies
International agencies such as the World Bank, the International Monetary Fund and Oxfam recruit economists to advise them on the effects of policy changes, financial crises and conflicts in one part of the global economy on another, as they are transmitted through trade and financial flows.  Economists advise on trade policy and macroeconomic policy coordination.

Resource and Environmental Economist
Economists are employed to study natural resource use and environmental problems and their relationship to economic behaviour.  Employers include mining firms and regulatory agencies.  Economists contribute to the better management of natural resources and improving the global environment.

Schools and Universities
There is a thriving national and international market for academic economists in High Schools / Colleges and Universities. 

Finance and Banking
Financial institutions including Banks, and in particular the Reserve Bank of Australia, actively recruit economists to advise them on the state of the economy and on risks from factors such as interest rate changes and exchange rate movements.

Learning Outcomes

1. Solve economic problems using analytical reasoning.
2. Apply economic analysis to a wide variety of transdisciplinary issues.
3. Use basic empirical estimation techniques to test predictions pertaining to multiple disciplinary areas.
4. Provide insight into the way that households and individuals make decisions and interact, and the role of government in providing public goods and regulating the market sector.
5. Communicate effectively rigorous economic analysis in a coherent way to multidisciplinary stakeholders.

1. apply technical and creative skills, specialist knowledge and processes to realise artworks and practices that contribute to contemporary cultural production;
2. use artistic processes and methodologies to interrograte complex ideas relevant to local and global contexts;
3. critique and engage with a range of social, cultural and theoretical traditions relevant to visual art practice;
4. employ collaborative and independent methods, and strategies toward developing an ethical, sustainable and inclusive art practice;
5. demonstrate a developing understanding of Aboriginal and Torres Strait Islander art practices, and First Nations art practices across international and national contexts; and
6. identify contexts and implement strategies to establish your professional practice and/or future study.

Further Information

Students in the Bachelor of Economics (a single or a combined degree with Economics) are not eligible to take Economic Studies major or/and minor.

Electives:  Electives can be selected from CBE or other Colleges.

Students wishing to undertake an out of college elective may contact the relevant College directly.

Student Responsibility:

It is the student's responsibility to select electives in such a way that:

• they satisfy prerequisites for the corresponding course/s.
• they conform to the rules set out in Programs and Courses or, if unsure, seek advice from the CBE office .

It is the student's responsibility to select the courses appropriate for his/her program.

Students in the Bachelor of Economics (a single or a combined degree with Economics) are not eligible to take Economic Studies major or/and minor.

Electives:  Electives can be selected from CBE or other Colleges.

Students wishing to undertake an out of college elective may contact the relevant College directly.

Student Responsibility:

It is the student's responsibility to select electives in such a way that:

• they satisfy prerequisites for the corresponding course/s.
• they conform to the rules set out in Programs and Courses or, if unsure, seek advice from the CBE office .

It is the student's responsibility to select the courses appropriate for his/her program.

Admission Requirements

Prerequisites

There are no formal program prerequisites. But assumed knowledge is:-ACT: Mathematical Methods (Major)/Further Mathematics/Specialist Mathematics (major)/ Specialist Methods or NSW: HSC Mathematics Advanced or equivalent. More information about interstate subject equivalencies can be found here.

Adjustment Factors

Adjustment factors are combined with an applicant's secondary education results to determine their Selection Rank. ANU offers adjustment factors based on equity, diversity, and/or performance principles, such as for recognition of difficult circumstances that students face in their studies.

To be eligible for adjustment factors, you must have:

• achieved a Selection Rank of 70 or more before adjustment factors are applied
• if you have undertaken higher education, completed less than one year full-time equivalent (1.0 FTE) of a higher education program
• applied for an eligible ANU bachelor degree program

Please visit the ANU Adjustment Factors website for further information.

Scholarships

ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

Program Requirements

The Bachelor of Economics flexible double degree component requires completion of 96 units, of which:

A maximum of 48 units may come from completion of 1000-level courses

The 96 units must consist of:

42 units from completion of the following compulsory courses:

ECON1101 Microeconomics 1

ECON2101 Microeconomics 2

ECON3101 Microeconomics 3

ECON3102 Macroeconomics 3

EMET1001 Foundations of Economic and Financial Models

EMET2007 Econometrics I: Econometric Methods

STAT1008 Quantitative Research Methods

6 units from completion of a course from the following list:

ECON1100 Economics I (H)

ECON1102 Macroeconomics 1

6 units from completion of a course from the following list:

ECON2016 Economics II (H)

ECON2102 Macroeconomics 2

minimum 12 units of Transdisciplinary courses:

CBEA2001 Indigenous Perspectives in Business and Economics

ECHI1006 The Australian Economy: Past and Present

ECHI3009 World Economy Since 1800

ECON2013 Behavioral Economics

ECON2014 Managerial Economics

ECON2108 Japanese Economy and Political Economy

ECON2141 Strategic Thinking: An introduction to Game Theory

ECON2900 Development Poverty and Famine

ECON3004 Health Economics

ECON3006 Financial Economics

ECON3127 Computational Methods in Economics

ECON3128 Resource and Environmental Economics

ECON3180 Advanced Behavioural Economics

ECON3023 Economic Policy Issues

minimum 18 units of the following courses:

ECHI1006 The Australian Economy: Past and Present

ECHI3009 World Economy Since 1800

ECON1100 Economics 1 (H)

ECON2009 Labour Economics and Industrial Relations Policy

ECON2013 Behavioral Economics

ECON2014 Managerial Economics

ECON2026 Money and Banking

ECON2091 The Economy, Politics and the State

ECON2108 Japanese Economy and Political Economy

ECON2125 Optimisation

ECON2131 Public Sector Economics

ECON2141 Strategic Thinking: An introduction to Game Theory

ECON2900 Development Poverty and Famine

ECON3004 Health Economics

ECON3006 Financial Economics

ECON3057 Industrial Organisation

ECON3100 Economics 3 (H)

ECON3103 International Economics

ECON3127 Computational Methods in Economics

ECON3128 Resource and Environmental Economics

ECON3152 Game Theory

ECON3180 Advanced Behavioural Economics

ECON3023 Economic Policy Issues

EMET3004 Econometrics II: Modelling

EMET3006 Applied Microeconomics

EMET3007 Business and Economic Forecasting

EMET3008 Applied Macro and Financial Economics

maximum 12 units from completion of elective courses offered by ANU, which may include courses from the following course codes:

BUSI, BUSN, CBEA, COMP, ECHI, ECON, EMET, FINM, INFS, MATH, MGMT, MKTG, STAT

If your flexible double degree is within the College of Business and Economics (for example Commerce and Economics), the below study plan may show the same course twice. If this is the case, you must only do the course once and replace the other course with a University Wide Elective.

For majors and minors offered by the ANU College of Business and Economics, students may count a course towards multiple majors and minors. If a minor is a subset of all stated courses and/or prerequisites for a major, then completion of the major overrides completion of the minor, and only the major is regarded as having been completed. If all courses in a major and/or minor are compulsory courses in the degree, the major and/or minor will not be listed on the transcript.

The Bachelor of Visual Arts flexible double degree component requires completion of 96 units, of which:

A maximum of 48 units may come from completion of 1000-level courses

The 96 units must include:

48 units from completion of the following compulsory courses:

ARTH1006 Art History and Curatorial Studies 1: Cultures and Meaning (6 units)

ARTH1007 Art History and Curatorial Studies 2: Vision and Materiality (6 units)

ARTV1020 Drawn from life: Techniques and Perspectives of Observational Drawing (6 units)

ARTV1034 Foundations of Contemporary Arts Practices (6 units)

ARTV2066 Art in Context (6 units)

ARTV3033 Creative Research Practice: Developing an Independent Work Proposal (6 units)

ARTV3035 Creative Research Practice: Extending and Consolidating an Independent Project (12 units)

12 units from completion of introductory studio courses from the following list:

ARTV1150 Ceramics 1 (6 units)

ARTV1350 Glass 1 (6 units)

ARTV1550 Painting 1 (6 units)

ARTV1650 Photomedia 1 (6 units)

ARTV1651 Moving Image 1 (6 units)

ARTV1750 Press-based Print 1 (6 units)

ARTV1751 Planographic Print 1 (6 units)

ARTV1850 Sculpture & Spatial Practice 1 (6 units)

ARTV1950 Textiles 1 (6 units)

12 units from completion of intermediate studio courses from the following list:

ARTV2150 Ceramics 2 (6 units)

ARTV2350 Glass 2 (6 units)

ARTV2550 Painting 2 (6 units)

ARTV2650 Photomedia 2 (6 units)

ARTV2651 Moving Image 2 (6 units)

ARTV2750 Press-based Print 2 (6 units)

ARTV2751 Planographic Print 2 (6 units)

ARTV2752 Drawing 2 (6 units)

ARTV2850 Sculpture & Spatial Practice 2 (6 units)

ARTV2950 Textiles 2 (6 units)

6 units from completion of a 2000-level course from the subject area ARTH Art History.

6 units from completion of an engagement and professional practice course from the following list: 

ARTV2027 Professional Practice: Economies and Ecologies in the Australian Cultural Sector (6 units)

ARTV2028 Professional Practices: Internship (6 units)

ARTV2909 The Public Project: Engaging with Institutions and Communities (6 units)

ARTV2921 Environment Studio: Field based Research and Studio Practice in Visual Arts (6 units)

A maximum of 12 units from completion of courses from the following subject areas:  

ARTH Art History

ARTV Visual Arts

DESN Design

MEDN2222?Exquisite Corpse - Insight into the Human Body (6 units)

PHIL2289 Leviathan, Art and Law: Constituting the Body Politic (6 units)

Minors

Bachelor of Economics Minors

Study Options