University of Technology, Sydney

Staff directory | Webmail | Maps | Newsroom | What's on

C10348v1 Bachelor of Economics

Award(s): Bachelor of Economics (BEcon)
UAC code: 601090 (Autumn session, Spring session)
CRICOS code: 086359B
Commonwealth supported place?: Yes
Load credit points: 144
Course EFTSL: 3

Overview
Course aims
Career options
Course intended learning outcomes
Admission requirements
Assumed knowledge
Credit recognition
Course duration and attendance
Course structure
Course completion requirements
Course diagram
Course program
Levels of award
Honours
Other information

Overview

The Bachelor of Economics offers students the analytical and quantitative skills required for an in-depth understanding of key economic principles. The degree complements this knowledge with the option of majors across selected business disciplines.

The course includes training in econometrics, macroeconomics and microeconomics with an emphasis on practical policy. A capstone subject synthesises knowledge from game theory, experimental economics and industrial organisation to study policy-making in real-world settings.

Course aims

The course promotes an understanding of how institutional rules and incentives shape economic outcomes. It provides students with the analytical and practical skill sets that are in peak demand by leading economic and business consultancies and financial institutions throughout the world.

Career options

Career options include economics analysis and modelling, economic forecasting, econometrician, and designing economic policies in industry, government, consulting and financial institutions.

Course intended learning outcomes

1.1 Identify economic concepts appropriate to the analysis of specified economic problems in society and explain the nature and potential use of these concepts
2.1 Critically analyse economic problems in Australian and global society using and justifying appropriate economic concepts and frameworks
2.2 Locate relevant data and apply appropriate econometric techniques to quantify the size of economic relationships in specified markets and economies
3.1 Produce high quality written texts that clearly articulate the application and justification of economic concepts and frameworks to particular problems to propose insightful solutions
3.2 Use oral communication to present economic concepts and solutions in an appropriate form for different audiences
3.3 Undertake a team based project to solve a complex economic problem
4.1 Critically analyse the role of assumptions and value judgments in economic analysis and discuss the implications of their adoption
4.2 Analyse and discuss the intended and unintended effects of economic decisions on social welfare, equity and the environment
5.1 Combine economic analysis and econometric techniques to address typical complex problems faced by economists in diverse work environments

Admission requirements

Applicants must have completed an Australian Year 12 qualification, Australian Qualifications Framework Diploma, or equivalent Australian or overseas qualification at the required level.

The English proficiency requirement for international students or local applicants with international qualifications is: Academic IELTS: 6.5 overall with a writing score of 6.0; or TOEFL: paper based: 550-583 overall with TWE of 4.5, internet based: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64; or CAE: 176-184.

Eligibility for admission does not guarantee offer of a place.

International students

Visa requirement: To obtain a student visa to study in Australia, international students must enrol full time and on campus. Australian student visa regulations also require international students studying on student visas to complete the course within the standard full-time duration. Students can extend their courses only in exceptional circumstances.

Assumed knowledge

Mathematics; any two units of English.

Credit recognition

Students may apply for credit recognition in subjects in which they consider themselves eligible. Equivalence of subject matter is the main criterion for credit recognition in a subject successfully completed at another institution.

Course duration and attendance

The course can be completed in a minimum of three years of full-time or six years of part-time study. The attendance pattern may also be a combination of full-time and part-time study.

Full-time study is usually undertaken at the rate of 24 credit points per session. Students who wish to undertake more than the normal full-time load in one session must have their study plan endorsed by a student adviser from a UTS Student Centre.

Part-time study is usually undertaken at the rate of 12 credit points per session. Part-time students must be prepared to attend one morning or afternoon class during each teaching week.

Course structure

Students must complete 144 credit points made up of 24 subjects (11 core subjects (66 credit points), four economics elective subjects (24 credit points), a major or two sub-majors, or a sub-major and four electives comprising eight subjects (48 credit points) and one business elective subject (6 credit points)).

Course completion requirements

STM91017 Core subjects (Economics) 66cp
STM91018 Major/Sub-majors/Electives 60cp
CBK91076 Electives (Economics) 18cp
Total 144cp

Course diagram



Course program

Typical full-time programs for the core subjects are shown below for students commencing in Autumn and Spring sessions.

Typical program, Autumn commencing, full time
Year 1
Autumn session
23000 Principles of Microeconomics   6cp
26134 Business Statistics   6cp
23565 Mathematics for Economics and Business   6cp
Select 6 credit points of options   6cp
Spring session
23001 Principles of Macroeconomics   6cp
23567 Intermediate Microeconomics   6cp
23571 Introductory Econometrics   6cp
Select 6 credit points of options   6cp
Year 2
Autumn session
23568 Intermediate Macroeconomics   6cp
23592 Game Theory   6cp
Select 12 credit points of options   12cp
Spring session
23572 Applied Microeconometrics   6cp
Select 18 credit points of options   18cp
Year 3
Autumn session
23002 Market Design   6cp
Select 18 credit points of options   18cp
Spring session
23003 Economic Policy and Market Design (Capstone)   6cp
Select 18 credit points of options   18cp
Typical program, Spring commencing, full time
Year 1
Spring session
23000 Principles of Microeconomics   6cp
26134 Business Statistics   6cp
23565 Mathematics for Economics and Business   6cp
Select 6 credit points of options   6cp
Year 2
Autumn session
23001 Principles of Macroeconomics   6cp
23567 Intermediate Microeconomics   6cp
23571 Introductory Econometrics   6cp
Select 6 credit points of options   6cp
Spring session
23568 Intermediate Macroeconomics   6cp
23572 Applied Microeconometrics   6cp
Select 12 credit points of options   12cp
Year 3
Autumn session
23592 Game Theory   6cp
23002 Market Design   6cp
Select 12 credit points of options   12cp
Spring session
Select 24 credit points of options   24cp
Year 4
Autumn session
23003 Economic Policy and Market Design (Capstone)   6cp
Select 18 credit points of options   18cp

Levels of award

The Bachelor of Economics may be awarded with distinction, credit or pass.

Honours

The Bachelor of Business (Honours) (C09004), Economics stream, is available with an additional one year of full-time study (or part-time equivalent) for eligible students.

Other information

Further information is available from UTS: Business on:

telephone 1300 ask UTS (1300 275 887) or +61 2 9514 1222