University of Technology Sydney

C10348v2 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
Location: City campus

Overview
Course aims
Career options
Course intended learning outcomes
Admission requirements
Assumed knowledge
External articulation
Recognition of prior learning
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 microeconomics, macroeconomics, econometrics, behavioural economics, game theory and other economics fields with an emphasis on practical policy. A capstone subject synthesises knowledge from economic theory, behavioural economics and econometrics 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 seeks to provide students with the knowledge, competencies and values necessary to develop critical, analytical and evaluative skills that can contribute towards a range of careers in economics and business.

Career options

The Bachelor of Economics allows for a large spectrum of career options and employment opportunities in such roles as economist, economic analyst, econometrician, data analyst, policy analyst, business consultant, market analyst and researcher in various industries including banking, finance, insurance, consulting and the public sector.

Course intended learning outcomes

1.1 Critically analyse economic problems in Australian and global society using and justifying appropriate economic concepts and frameworks
2.1 Communicate information clearly in a form appropriate for its audience
2.2 Demonstrate ability to work independently and with others as a member of a team to achieve an agreed goal
3.1 Analyse and discuss the intended and unintended effects of economic decisions on social welfare, equity, the environment and Indigenous peoples
4.1 Combine economic analysis, data 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 and any two units of English.

UTS offers a range of bridging courses for students who do not meet the assumed knowledge requirements.

External articulation

The Business School offers a range of external articulations with Vocational Education and Training and Higher Education institutions. Details of all arrangements are available via the credit recognition search tool.

Recognition of prior learning

Students who are enrolled in the Bachelor of Economics and have previously studied at another university or other recognised tertiary educational institution may be eligible for recognition of prior learning if the subjects previously studied are deemed by The UTS Business School to be equivalent to those specified for their course.

Students who have completed a course at a private college are not eligible for any exemptions unless an articulation agreement between the UTS Business School and the college is in place. Details of all arrangements are available via the credit recognition search tool.

For more information about the application process, see How to Apply for Recognition of Prior Learning.

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 the UTS Business School.

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

The course comprises a total of 144 credit points. The study components for course completion are:

  • 66 credit points of economics core subjects
  • 18 credit points of economics elective subjects
  • 12 credit points of elective subjects
  • 48 credit points comprising of either:
    • a second major (48 credit points), or
    • two sub-majors (24 credit points each), or
    • a sub-major (24 credit points) in conjunction with elective subjects (24 credit points)

Students can choose any of the following as a second major: Finance, Human Resource Management, Management, Marketing, Business Law or Information Technology.

Electives can be taken from any faculty in the university, with the approval of the owning Faculty.

Students have an option to undertake an internship program (26600 Business Internship) as an elective within the business major or as a free elective. Students should not enrol in internship subject in the last session of study to ensure that completion of required hours of work does not impact graduation and/or international students' visa conditions.

Course completion requirements

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

Course diagram

Course diagram: C10348

Course program

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

Autumn commencing, full time
Year 1
Autumn session
23115 Economics for Business   6cp
26134 Business Statistics   6cp
23506 Strategic Decision Making and Game Theory   6cp
Select 6 credit points of options   6cp
Spring session
23566 Economics for Business 2   6cp
23508 Quantitative Methods in Economics and Business   6cp
23571 Introductory Econometrics   6cp
Select 6 credit points of options   6cp
Year 2
Autumn session
23568 Intermediate Macroeconomics   6cp
23567 Intermediate Microeconomics   6cp
Select 12 credit points of options   12cp
Spring session
23509 Empirical Methods for Policy Evaluation   6cp
Select 18 credit points of options   18cp
Year 3
Autumn session
23005 Behavioural Economics   6cp
Select 18 credit points of options   18cp
Spring session
23600 Economic Policy and Analysis (Capstone)   6cp
Select 18 credit points of options   18cp
Spring commencing, full time
Year 1
Spring session
23115 Economics for Business   6cp
26134 Business Statistics   6cp
23506 Strategic Decision Making and Game Theory   6cp
Select 6 credit points of options   6cp
Year 2
Autumn session
23566 Economics for Business 2   6cp
23508 Quantitative Methods in Economics and Business   6cp
23571 Introductory Econometrics   6cp
Select 6 credit points of options   6cp
Spring session
23568 Intermediate Macroeconomics   6cp
23567 Intermediate Microeconomics   6cp
Select 12 credit points of options   12cp
Year 3
Autumn session
23509 Empirical Methods for Policy Evaluation   6cp
Select 18 credit points of options   18cp
Spring session
Select 18 credit points of options   18cp
23005 Behavioural Economics   6cp
Year 4
Autumn session
23600 Economic Policy and Analysis (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 for eligible students.

Other information

Further information is available from Business on:

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