economics/ug-bus-economics

aos

Undergraduate - Area of study

print version

This area of study entry applies to students commencing this course in 2015 and should be read in conjunction with the relevant course entry in the Handbook. Any units listed for this area of study relate only to the 'Requirements' outlined in the Faculty of Business and Economics component of any bachelors double degrees.

Managing facultyFaculty of Business and Economics
Campus(es)Caulfield, Clayton, Gippsland, Malaysia, South Africa

Notes

  • Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.

Description

Economics considers how to allocate scarce resources to maximise people's welfare. Microeconomics examines decisions of individuals, business and government, and the structure of industries and markets. Macroeconomics examines behaviour of the economy as a whole, such as economic growth, inflation and unemployment.

Units

All students complete the requirements as outlined below for the degree in which they are enrolled.

Bachelor of Commerce

Bachelor of Commerce Scholars Program

Bachelor of Economics

Bachelor of Economics Advanced with Honours

To complete the economics major in the Bachelor of Commerce, Bachelor of Commerce Scholars Program, Bachelor of Economics or Bachelor of Economics Advanced with Honours or related double degrees, students must complete:

(a.) The following four units (24 points):

  • ECC1000 Principles of microeconomics
  • ECC1100 Principles of macroeconomics
  • ECC2000 Intermediate microeconomics
  • ECC2010 Intermediate macroeconomics

(b.) Two units (12 points) from the following list:

(c.) Two units (12 points) from the following list or from (b.) not previously completed:

  • ECC2300 Current issues in macroeconomic policy
  • ECC2360 Environmental economics
  • ECC2400 Current issues in applied microeconomics
  • ECC2450 Sports economics
  • ECC2600 Behaviour, rationality and organization
  • ECC2610 Game theory and strategic thinking
  • ECC2800 Prosperity, poverty and sustainability in a globalised world
  • ECC3640 Economics of climate change
  • ECC3650 Applied general equilibrium economics
  • ECC3710 Labour economics
  • ECC3800 History of economic thought
  • ECC3840 Mathematical economics
  • ECC3860 Integrated economic modelling
  • ETC2410 Introductory econometrics
  • ETC2440 Mathematics for economics and business
  • ETC3410 Applied econometrics

Bachelor of Business Science

To complete the economics major in the Bachelor of Business Science, students must complete the following eight units (48 points):

  • ECS1101 Introductory microeconomics
  • ECS1102 Introductory macroeconomics
  • ECS2141 Economics of labour markets
  • ECS2730 Macroeconomic policy
  • ECS2731 Managerial economics
  • ECS3121 Economics of international trade
  • ECS3143 Economics of money and banking
  • ECS3830 Business competition and regulation

Bachelor of Business and Commerce

To complete the economics major in the Bachelor of Business and Commerce or related double degrees, students must complete:

Gippsland and off campus

The following eight units (48 points):

  • ECG1101 Introductory microeconomics
  • ECG1102 Introductory macroeconomics
  • ECG2730 Macroeconomic policy
  • ECG2731 Managerial economics
  • ECG2141 Economics of labour markets
  • ECG2721 Trade finance and foreign exchange
  • ECG3143 Economics of money and banking
  • ECG3145 Energy, environment and sustainable development

Malaysia

The following eight units (48 points):

  • ECW1101 Introductory microeconomics
  • ECW1102 Introductory macroeconomics
  • ECW2730 Macroeconomic policy
  • ECW2731 Managerial economics
  • ECW2141 Economics of labour markets
  • ECW2721 Trade finance and foreign exchange
  • ECW3143 Economics of money and banking
  • ECW3830 Business competition and regulation

Bachelor of Business

To complete the economics major in the Bachelor of Business or related double degrees, students must complete:

(a.) The following four units (24 points):

(b.) Two units (12 points) from the following list:

  • ECF3120 Consumer economics
  • ECF3121 Economics of international trade
  • ECF3143 Economics of money and banking
  • ECF3900 Business, competition and regulation

(c.) Two units (12 points) from the following list:

Contact details

Relevant courses

Single degrees

  • 3806 Bachelor of Business
  • 2224 Bachelor of Business and Commerce
  • 4415 Bachelor of Business Science
  • 0179 Bachelor of Commerce
  • 4419 Bachelor of Commerce Scholars Program
  • 0023 Bachelor of Economics
  • 4430 Bachelor of Economics Advanced with Honours

Double degrees

  • B2006 Bachelor of Commerce and Bachelor of Global Studies
  • L3005 Bachelor of Laws (Honours) and Bachelor of Commerce
  • 4098 Bachelor of Arts and Bachelor of Business
  • 0542 Bachelor of Arts and Bachelor of Commerce
  • 0170 Bachelor of Arts and Bachelor of Economics
  • 4097 Bachelor of Arts Scholars Program and Bachelor of Commerce Scholars Program
  • 4417 Bachelor of Biomedical Science and Bachelor of Commerce
  • 3819 Bachelor of Business and Bachelor of Visual Arts
  • 1941 Bachelor of Business and Commerce and Bachelor of Communication
  • 4641 Bachelor of Commerce and Bachelor of Aerospace Engineering (Honours)
  • 3830 Bachelor of Commerce and Bachelor of Business Information Systems
  • 1319 Bachelor of Commerce and Bachelor of Economics
  • 2026 Bachelor of Commerce and Bachelor of Education (Secondary)
  • 4635 Bachelor of Commerce and Bachelor of Engineering (Honours)
  • 0546 Bachelor of Commerce and Bachelor of Laws
  • 1469 Bachelor of Commerce and Bachelor of Science
  • 4428 Bachelor of Commerce Scholars Program and Bachelor of Economics
  • D3003 Bachelor of Education (Honours) and Bachelor of Commerce
  • 4645 Bachelor of Environmental Engineering (Honours) and Bachelor of Commerce
  • 4426 Bachelor of Journalism and Bachelor of Business
  • 4425 Bachelor of Journalism and Bachelor of Commerce
  • 1185 Bachelor of Music and Bachelor of Commerce