Bachelor of Economics

Attendance

Online

Posted on

Program Duration

36 Months

Type

Bachelor's programs

Study Options

Full Time

Fees

Regular fees: 96138 AUD

Discover skills for the future and make a difference with your career.

Through economics, you can follow your passion and shape the world. Get the knowledge and skills to create an exciting career in economics. Our Bachelor of Economics offers you a pathway to specialise in either Industry, Policy and Business Strategy or Society and Environment. Both teaching you how to understand the world around you to support industry and government with policy and practice. Youโ€™ll also be able to cross-skill by studying a range of electives from other areas of the University.

  • Make a difference with your career. Help solve the economic and financial challenges of the future.
  • Learn from leading experts whose links with industry, professional associations, other academics and government ensure that their teaching remains contemporary and relevant.
  • Real-world learning. Enrich your degree through hands-on learning experiences: corporate internships, report writing, multidisciplinary teamwork, and the use of industry case studies in the classroom.
  • Be rewarded in the workplace. Enter the workforce with the analytical and communication skills highly valued by industry and government.

The Bachelor of Economics is a 3 years full-time or up to 7 years part-time course offered on campus in Hobart and online.

Course objectives

The Bachelor of Economics at the University of Tasmania builds individual capacity for economic thought, and the ability to apply this mindset to solving problems faced by industry, government and the society at local, national and global levels.  Our graduates will have the ability to synthesise information and build empirically-valid models to support economic decision making. They will acquire skills to frame problems through an economics lens, to critically analyse data of relevance, and to generate knowledge and innovative evidence-based recommendations to support policy and practice.

Our curriculum is research-led, with a strong connection to the issues impacting on regional areas such as Tasmania.  Throughout the curriculum, we draw heavily on the expertise of our disciplinary scholars to explore areas as diverse as conservation and management of natural resources (such as forests, fisheries and water resources), sustainable energy, social issues (such as housing, health and gambling), economic decisions of individuals and firms and their labour market implications, through to the effects of shocks and contagion on economies. Many of these issues are rooted in human behaviour, and our emerging expertise in behavioural economics allows us to bring psychological insights into understanding such behaviours, equipping our students with fundamental knowledge of the micro foundations underpinning macro phenomena.  Our teaching is applied in focus, with a range of authentic learning activities linked to real-world economic situations.  We provide a curriculum that nurtures economic ways of thinking and provides a context in which economic ideas are critically examined rather than taken at face value.

The core of the Bachelor of Economics exposes students to foundation principles in economic theory to provide disciplinary depth, while the majors allow students to specialise in the economics of industry and policy or the economics of social and environmental issues.  The course also serves as a useful double-degree with many other courses across the University, such as Arts, Science or Law.

Learning Outcomes

  1. Collect, analyse and interpret data combined with the application of a broad theoretical and practical knowledge of economics to make evidence-based decisions
  2. Communicate economic reasoning, knowledge, ideas and empirical evidence in ways appropriate to the audience, purpose and context.
  3. Critically evaluate economic problems and assess policy issues, using a broad range of economic tools.
  4. Collaboratively interact with peers to reflect on ethical issues and the potential differential impacts of economic policies across local, national or international economies.

Career outcomes

A Bachelor of Economics is a degree which will enable you to make a difference with your career and prepare you for the future of work. Economics graduates work in a broad range of occupations and industries, often beyond the discipline of economics itself, and are highly sought after by employers who value their economic literacy and analytical skills.

Our Bachelor of Economics gives you both job-specific and transferrable skills. Youโ€™ll gain job-specific skills in your major area of study, so youโ€™re ready to enter the workforce in a wide variety of careers where you want to make a difference including: International Development, Health, Environment, Business, Banking, Finance, Public Policy, Inter-Governmental Affairs, and Diplomacy.

Transferrable skills set you up for long-term success. We provide you with a detailed understanding of how decisions are made by individuals, firms, and governments through analysis of a broad range of micro- and macro-economic settings and teach you analytical thinking and evidence-based decision making, so you can adapt as the job market evolves.

Here are some of the careers projected to grow into 2024:

  • Management and Organisation Analysts: 24.7%
  • Policy and Planning Managers: 10.8%
  • Research and Development Managers: 10%
  • Business Administration Managers: 12.1%

Source - Department of Employment, Skills, Small and Family Business five Year projections from May 2019 to May 2024.

Professional Recognition

There are no professional bodies in the economics discipline. While undertaking the Bachelor of Economics degree, students can apply to become special members of the Economics Society of Australia.

More Information

Posted on

Program Duration

36 Months

Type

Bachelor's programs

Study Options

Full Time

Fees

Regular fees: 96138 AUD

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