Bachelor of Commerce with the degree of Bachelor of Science with a major in Economics
ATAR/Course cut-off
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Overview
Be part of the business of science. Embrace the challenge of today's science and technology industries as they meet the fast-paced world of business and finance.
Commerce, or business, is the exchange of goods or commodities. In this degree you will study management, marketing, finance and accounting as well as undertake research and study in a science discipline of your choice.
The role of economists is to:
- understand complicated economic and social processes
- intervene to make outcomes better
- set policies that have a major effect on society.
The Economics major provides an excellent education in the leading theories and concepts involved in modern economics to develop successful business economists.
The focus is on the properties of supply and demand networks. Topics include altruism, banking and finance, consumer sentiment, debt, equity, environment, forecasting, free trade, Keynesian recessions, market failures, natural monopolies, optimality, public economics, rates of interest, scarcity, technological change, uncertainty, voluntary unemployment, wage differentials and zero population growth.
You will learn how to:
- understand and participate in economic debate
- identify strategies to overcome economic issues
- undertake research and analysis.
Key features
- Gain the skills to effectively analyse decision-making by individuals, business, government and global organisations.
- Develop a strong understanding of governments and organisations in the global economy.
Location
North Ryde
Suitable for
Students who want to become business economists.
HECS Course fee
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
| Degree requirements | Credit Points |
|---|---|
| Minimum number of credit points for this degree | 96 |
| Minimum number of credit points at 200 level or above | 60 |
| Minimum number of credit points at 300 level or above | 30 |
| Minimum number of credit points from Commerce designated units | 42 |
| Minimum number of credit points from Science designated units | 42 |
| Completion of Specified Foundation Units | |
| Completion of a Qualifying Major for the Bachelor of Commerce | |
| Completion of a Qualifying Major for the Bachelor of Science | |
| Completion of a designated People unit | |
| Completion of a designated Planet unit | |
| Completion of other specific minimum requirements as set out below |
Double degree requirements
The following outlines the units (subjects) to be studied within this double degree.
| 100 level | Credit Points | ||||
|---|---|---|---|---|---|
| Required | ACST101 | Techniques and Elements of Finance | 3 | ||
| Required | BBA102 | Principles of Management | 3 | ||
| Required | ECON111 | Microeconomic Principles | 3 | ||
| Required | MKTG101 | Marketing Fundamentals | 3 | ||
| Required | either | ACCG100 | Accounting IA | ||
| or | ACCG106 | Accounting Information for Decision-Making | 3 | ||
| Total credit points required to satisfy this major | 30 | ||||
Major requirements
The following outlines the units (subjects) to be studied within this major
| 100 level | Credit Points | ||||
|---|---|---|---|---|---|
| Required | ECON110 | Macroeconomic Principles | 3 | ||
| Required | ECON111 | Microeconomic Principles | 3 | ||
| Required | one of | STAT170 | Introductory Statistics | ||
| STAT171 | Statistical Data Analysis | ||||
| PSY122 | Design and Statistics I | 3 | |||
| 200 level | Credit Points | ||||
| Required | ECON203 | Microeconomic Analysis | 3 | ||
| Required | ECON204 | Macroeconomic Analysis | 3 | ||
| Required | ECON241 | Introductory Econometrics | 3 | ||
| 300 level | Credit Points | ||||
| Capstone | ECON309 | C | Industrial Organisation | 3 | |
| Required | 9cp from | ECON303 | International Money and Finance | ||
| ECON311 | Macroeconomic Policy | ||||
| ECON312 | Health Economics | ||||
| ECON314 | Labour Economics | ||||
| ECON334 | Financial Econometrics | ||||
| ECON335 | The Economics of Financial Institutions | ||||
| ECON336 | Economic Development | ||||
| ECON350 | Money and Finance | ||||
| ECON356 | Evolution of Economic Ideas | ||||
| ECON359 | Environmental Economics | ||||
| ECON360 | International Finance | ||||
| ECON361 | Economic and Business Forecasting | ||||
| ECON394 | The Japanese Economy | ||||
| ECON396 | European Union Economics | 9 | |||
| Total credit points required to satisfy this major | 30 | ||||
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
Career Opportunities
- Business journalist
- Financial analyst
- Investment analyst
- Management consultant
- Market analyst
- Planning/policy analyst
- Public administrator
- Researcher
- Statistician
- Stockbroker
- Teacher
Employers
- Consultancy firms
- Commercial banks
- Government
- Educational institutions
- International organisations
- Investment banks
- NGOs
- Research organisations
Average starting salary
According to Graduate Careers Australia the median salary for economics graduates is $50,000.
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
Ben Quinlan
Ben graduated with a Bachelor of Commerce with Bachelor of Laws (Honours) and holds a first class honours degree in Economics. Ben believes that the economics program at Macquarie provided him with the "intellectual ammunition" to succeed in a variety of corporate careers.
He is currently working for UBS AG in their Investment Bank Strategy Department, where he works directly with the CEO, COO and Head of Strategy in formulation the group strategic framework for the Australasian and wider Asian region.
Our Expertise
Associate Professor Max Tani
Max joined Macquarie in 2007. He has a PhD in Economics from ANU. Before moving to Australia in 1999, he worked in investment banking with Morgan Stanley and JP Morgan Chase.
His research interests focus on the effects of mobility on knowledge, skilled migration and education. In 2010 Max was awarded the Vice-Chancellor's Award for Teaching Excellence.
an education in the top two per cent of universities in the world, giving you an international recognised and respected degree
