Bachelor of Economics
ATAR/Course cut-off
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Overview
Economics deals with the production, distribution, consumption and management of goods and services. It explores how decisions made by producers, consumers, businesses and governments affect our society.
In this degree you'll study macroeconomic and microeconomic principles, statistics, economic policy and international economics. The main focus is on problem solving, critical thinking and the development of high level technical and analytical skills.
Key features
- Focus on areas such as finance, econometrics or the social implications of economics.
- Study subjects from other areas including politics, languages, philosophy or sociology.
- Step straight into the workforce with microeconomic, macroeconomic and econometric skills.
Minimum course duration
3 years full-time/equivalent part time
Location
North Ryde
UAC Code
300209
Suitable for
If you are interested in economics, commerce, business and finance, and if you enjoy problem solving and critical thinking.
HECS Course fee
AUD $8,130.00 p.a.
Student amenities fee
Information on the Student services and amenities fee
Entry requirements
- HSC Mathematics (Assumed Knowledge)
- Introductory units and bridging courses are available for students without the assumed prior knowledge.
English language requirements
If you have completed the NSW HSC or equivalent you satisfy the English proficiency requirements.
For full information view the English proficiency requirements table (436 Kb).
Work experience requirements
What you will study
| General requirements | Credit Points |
|---|---|
| Minimum number of credit points for the degree | 68 |
| Minimum number of credit points at 200 level or above | 38 |
| Minimum number of credit points at 300 level or above | 18 |
| Minimum number of credit points from Commerce designated units | 42 |
| Completion of a designated People unit | |
| Completion of a designated Planet unit | |
| Completion of other specific minimum requirements as set out below |
Specific requirements
The following outlines the units (subjects) to be studied within this degree
Notes
- Units marked with a C are Capstone units.
- The course information contained on this page is applicable for 2012 ONLY.
For more information please read the courses disclaimer.
Careers
Accreditation
While there is no formal accrediting body for economics degrees, employers have developed a strong customary expectation about the content and requirements of an economics education. Graduates seeking employment as an economist are expected to have completed at least first and second-year core microeconomic, macroeconomic and econometric units.
Career Opportunities
- Business journalist
- Economist
- Financial analyst
- Investment analyst
- Management consultant
- Market analyst
- Planning / policy analyst
- Public administrator
- Researcher
- Statistician
- Stockbroker
- Teacher
Employers
- Consultancy Firms
(such as Accenture, Price Waterhouse) - Commercial Banks
(such as Commonwealth Bank, AMP) - Government
(Treasury, Reserve Bank, Productivity Commission) - Educational institutions
(schools and universities) - International organisations
(such as IMF, World Bank, OECD) - Investment Banks
(such as Macquarie Bank, Goldman Sachs) - NGOs
(such as Greenpeace, World Health Organisation) - Research Organisations
(such as NERA, Access Economics, CHERE)
Average starting salary
According to Graduate Careers Australia, the median salary for economics graduate is $50,000. After a few years in the workforce economists can earn around $60,000 or more. Senior economists and econometricians can earn in excess of $150,000.
Profiles
Our Students
Muheed Jamaldeen
The Macquarie undergraduate Economics program is both unique and comprehensive. What is perhaps exclusive to Economics is that it has the special quality of simultaneously being both a philosophy and a quantitative subject. Macquarie exemplifies this by offering units that comprehensively cover both aspects. There's an array of choices on Economic History, Environmental Economics, Japanese Economics, Health Economics, EU Economics, Development Economics and many other fascinating areas of the subject taught by highly dedicated accomplished academics. The best part is that the lecturers were always willing to lend a helping hand and further my interest in the subject.
Our Graduates
Nick Garvin
The more you learn about economics, the more there is to learn, and after some time learning you realise that good economists are defined by their analytical skills. With the analytical skills to form an insightful perspective, knowledge is gained easily. The econometrics and economic theory I learnt at Macquarie provided me with a solid set of analytical skills. These are useful for my current position, applying economic policy to financial markets, but would also be very useful for analysis and decision making in finance and business more generally. I have been exceptionally impressed with the economics staff at Macquarie.
The more you learn about economics, the more there is to learn, and after some time learning you realise that good economists are defined by their analytical skills. With the analytical skills to form an insightful perspective, knowledge is gained easily. The econometrics and economic theory I learnt at Macquarie provided me with a solid set of analytical skills. These are useful for my current position, applying economic policy to financial markets, but would also be very useful for analysis and decision making in finance and business more generally.
The more you learn about economics, the more there is to learn, and after some time learning you realise that good economists are defined by their analytical skills. With the analytical skills to form an insightful perspective, knowledge is gained easily. The econometrics and economic theory I learnt at Macquarie provided me with a solid set of analytical skills. These are useful for my current position, applying economic policy to financial markets, but would also be very useful for analysis and decision making in finance and business more generally. I have been exceptionally impressed with the economics staff at Macquarie.
Our Expertise
Associate Professor Tony Bryant
Tony is an Associate Professor with the Department of Economics. Although primarily an economic theorist, he has wide and varied research interests. Tony has worked for many years on General Equilibrium Theory. This area is complex and highly mathematical. He has been published in a number of international refereed journals. These publications have been highly regarded as making a contribution to understanding in this field. His latest book, 'General Equilibrium: Theory and Evidence' Published by World Scientific in 2010, has continued his work in the area.
an education in the top two per cent of universities in the world, giving you an international recognised and respected degree
