• Total units 48 Units
  • Areas of interest Economics
  • Major code ECST-MAJ

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

  1. Demonstrate an understanding of the roles played by consumers, producers and government institutions as the major components of a modern economy.

  2. Demonstrate an understanding of the basic principles and theory used in designing economic solutions to real world problems.

  3. 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.
  4. Apply economic ideas to problems in other fields such as politics, science and engineering.
  5. Synthesise and communicate economic ideas in modes appropriate to a variety of audiences.

  6. Demonstrate the ability to work both independently and collaboratively with others.

Other Information

Please note that for admission to the Economic Honours Program (HECON) - admission requirements are as outlined in Programs and Courses here. Eligibility for HECON requires the completion of courses that are additional to the Economic Studies Major, namely both ECON3101, as well as ECON3102, ECON3100, ECON2125 and EMET1001.

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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 courses from the following list:

ECON1100 - Economics I (H) (6 units)

ECON1101 - Microeconomics 1 (6 units)

ECON1102 - Macroeconomics 1 (6 units)

ECON2016 - Economics II (H) (6 units)

ECON2101 - Microeconomics 2 (6 units)

ECON2102 - Macroeconomics 2 (6 units)

Choose a minimum of 6 units from the following list:

ECON3101 - Microeconomics 3 (6 units)

ECON3102 - Macroeconomics 3 (6 units)

18 units from the completion of the following course(s):

ASIA2067 - Economies of Emerging Asia (6 units)

ECHI1006 - The Australian Economy: Past and Present (6 units)

ECHI3009 - The World Economy Since 1800 (6 units)

ECON2009 - Labour Economics and Industrial Relations (6 units)

ECON2013 - Behavioral Economics (6 units)

ECON2014 - Managerial Economics (6 units)

ECON2108 - Japanese Economy and Economic Policy (6 units)

ECON2026 - Money and Banking (6 units)

ECON2091 - The Economy, Politics and the State (6 units)

ECON2120 - Law and Economics (6 units)

ECON2131 - Public Sector Economics (6 units)

ECON2141 - Strategic Thinking: An introduction to Game Theory (6 units)

ECON2900 - Development Poverty and Famine (6 units)

ECON3004 - Health Economics (6 units)

ECON3006 - Financial Economics (6 units)

ECON3021 - International Monetary Economics (6 units)

ECON3023 - Economic Policy Issues (6 units)

ECON3057 - Industrial Organization (6 units)

ECON3101 - Microeconomics 3 (6 units)

ECON3102 - Macroeconomics 3 (6 units)

ECON3103 - International Economics (6 units)

ECON3128 - Resource and Environmental Economics (6 units)

ECON3152 - Game Theory (6 units)

ECON3180 - Advanced Behavioural Economics (6 units)

EMET1001 - Foundations of Economic and Financial Models (6 units)

EMET2007 - Econometrics I: Econometric Methods (6 units)

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