Future Students Undergraduate
Economics
- The Area Of Study
- Degree Program Information
- What You Will Study
- Recommended Prior Knowledge
- Career Options
- Some Major Employers
- Further Information
The Area of Study
Economists understand complicated economic and social processes, intervene to make outcomes better, and set policies that have a major effect on society. The study of economics focuses on the properties of supply and demand networks, and involves topics such as altruism, banking and finance, consumer sentiment, debt, equity, environment, forecasting, free trade, game theory, health economics, household formation, Keynesian recessions, market failures, natural monopolies, optimality, public economics, rates of interest, scarcity, technological change, uncertainty, voluntary unemployment, wage differentials and zero population growth.
If you wish to acquire quantitative skills as part of your economics degree, you may include additional econometrics units in your program, or specialise in applied econometrics. Econometrics is the application of quantitative techniques to economics and is used in economic analysis, forecasting, the development and testing of theories and economic models, and policy analysis.
The Department of Economics at Macquarie University is one of the largest economics schools in Australia with highly qualified staff possessing a wealth of international experience gained at some of the world's most prestigious universities, businesses and government organisations.
Degree Program Information
| Degree | UAI 2008 CSP | Course Duration |
|---|---|---|
| Bachelor of Economics | 82.50 | 3 years full-time/equivalent part-time |
| Bachelor of Commerce | 82.55 | 3 years full-time/equivalent part-time |
| Bachelor of Arts ‡ | 76.00 | 3 years full-time/equivalent part-time |
| Bachelor of Business Administration with Bachelor of Economics | 82.75 | 4 years full-time/equivalent part-time |
| Bachelor of Applied Finance with Bachelor of Economics | 85.45 | 4 years full-time/equivalent part-time |
| Bachelor of Commerce – Actuarial Studies with Bachelor of Economics | 96.50 | 4 years full-time/equivalent part-time |
| Bachelor of Commerce with Bachelor of Laws | 95.25 | 5 years full-time |
| Bachelor of Engineering with Bachelor of Commerce | 85.40 | 5 years full-time |
What You Will Study
You must complete a program of study (major) in one of the following:
- Applied Econometrics
- Economics
- Economics and Marketing
- Economics and Law
- Statistics and Econometric
- Business Law and Economics
- Demography and Economics
- Japanese Economy and Language
Your program of study may include units from the subject areas listed below:
- accounting
- actuarial studies
- computer science
- demography
- finance
- history
- language
- law
- marketing
- mathematics
- philosophy
- politics
- psychology
- statistics
Recommended Prior Knowledge
HSC Mathematics (Band 2) or equivalent is a subject prerequisite for economics units. Other units taken as part of a degree may require assumed knowledge, prerequisites or recommended studies and you should refer to the Macquarie University Handbook of Undergraduate Studies for full degree requirements.
Career Options
- academia/teaching
- business journalist
- financial analyst
- investment analyst
- management consultant
- market analyst
- planning/policy analyst
- public administration
- researcher
- statistician
- stockbroker
Some Major Employers
- accounting and consultancy firms
- banks
- government (Treasury, Reserve Bank, Productivity Commission, etc)
- universities
- international organisations (World Bank, OECD, etc)
- investment companies
- NGOs (Greenpeace, World Health Organisation, etc)
- research organisations
Further Information
Department of Economics
Macquarie University, NSW, 2109
Email: economics@mq.edu.au
Phone: (02) 9850 8488
Fax: (02) 9850 6069
Web: www.econ.mq.edu.au