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‘A career in economics was a natural fit for my passion for public and economic policy. Economics is the universal language of decision making and I can see the difference good policy advice makes in shaping the lives of Australians through the work we do at Deloitte Access Economics. The mix of theoretical, technical and very practical skills I gained at QUT was the foundation for pursuing my passion.'
Flexible courses
I’m a hands-on learner so I’ve worked either part time or full time as a paralegal while doing my studies. I wouldn’t have been able to do this if I didn’t have access to lectures online, and if the staff and resources weren’t so readily available. Uni has opened my eyes to all the possible outcomes. QUT does a good job of giving you access to a wide range of placements, extracurriculars and networking events, getting you to see different pathways you hadn’t considered before.
Real graduate
'I chose economics because I’m passionate about answering the big questions and understanding how the world works. Studying economics at QUT is really dynamic and the lecturers are very passionate.'
Real graduate
'I chose economics because I’m passionate about answering the big questions and understanding how the world works. Studying economics at QUT is really dynamic and the lecturers are very passionate.'
Make a real difference
‘A career in economics was a natural fit for my passion for public and economic policy. Economics is the universal language of decision making and I can see the difference good policy advice makes in shaping the lives of Australians through the work we do at Deloitte Access Economics. The mix of theoretical, technical and very practical skills I gained at QUT was the foundation for pursuing my passion.'
Establish overseas connections
‘Korea was a great exchange destination – the university and city are full of places to explore. I met people from all over the world and gained a wide knowledge of Korea, East Asia, and developed great cultural communication skills. I also made international connections that will help me in my future work in the region.’
International opportunities
‘During my exchange to Purdue University in America I completed internships at the Purdue Research Foundation and Locket, a San Francisco-based technology start-up. I’ve also interned at an ASEAN management consulting firm in Shanghai. I think internships are really valuable as they allow you to reflect on what you want to do in the future.’
Real graduate
'QUT's economics major prepared me for my current role at the Commonwealth Grants Commission and provided the analytical foundation that I can build on into the future. My degree has opened the door for further studies and career opportunities in the public and private sector.'
Highlights
- Gain practical, hands-on experience throughout your course and apply theory learnt in class to real-world situations outside of the classroom.
- Meet the academic requirements for professional membership of the Economics Society of Australia.
- Study inflation, interest rates, competition, business strategy, maximisation of resources and the impact of decisions made by government.
- Prepare yourself for a career as a business analyst, economist, financial project manager, quantitative analyst, risk manager or statistician
- You can also study this major as part of QUT's Bachelor of Business - International degree, which includes one year of compulsory overseas studies.
Highlights
- Gain practical, hands-on experience throughout your course and apply theory learnt in class to real-world situations outside of the classroom.
- Meet the academic requirements for professional membership of the Economics Society of Australia.
- Study inflation, interest rates, competition, business strategy, maximisation of resources and the impact of decisions made by government.
- Prepare yourself for a career as a business analyst, economist, financial project manager, quantitative analyst, risk manager or statistician
- You can also study this major as part of QUT's Bachelor of Business - International degree, which includes one year of compulsory overseas studies.
Why choose this course?
Economics is more than just the study of numbers, money, and the economy. It’s a way of thinking and analysing how the world works. As an economist, you will be working to find solutions to real-world issues such as unemployment, inflation, interest rates, competition, business strategy, the sustainable use of resources and the impact of decisions made by governments.
Students choose this degree because of the range of study options available to them. Whether your career aspirations include higher studies in economics or employment in public or private sector organizations, you can tailor your degree to suit your interests.
If you’ve ever wondered why the Reserve Bank of Australia puts up interest rates, or what is the best way to make the earth a cooler place by fighting climate change, or if you’ve asked whether Facebook makes the economy more productive, you should consider economics as a major.
As an economist in the making, your learning will extend outside of the classroom. Early in the degree, you will participate in practical experiences that offer a real-world context for understanding economic theory. You will learn from industry professionals and develop the tools and techniques you need to analyse business problems and find solutions.
As well as having the opportunity to undertake a work-integrated learning unit, students can enrol in an international study tour in development economics, apply economic principles and models to develop solutions, and learn about useful tools such as cost-benefit analysis.
Real-world learning
Our lecturers have a wide range of real-world experience in finance, government policy making and in industry, so their teaching reflects current thinking and is based on practical situations and outcomes. These links also provide access to guest lecturers, who add their own experiences and challenges to your learning and thinking.
This course will take you on a journey through both microeconomics (individual firm or industry) and macroeconomics (entire nations). You will apply theory to topics of current interest, such as the federal budget, changing age demographics and climate change. You will learn how to collate data for your analysis, make decisions on relevant economic theories and models, and refine this into possible solutions for the real world.
QUT’s strength in applied economics research means you will also learn how to use social, cognitive and emotional factors to gain an understanding of the economic decisions of individuals and institutions, and their effects on markets and public choice.
The capstone unit, contemporary applications of economic theory, integrates earlier learning by giving you the opportunity to analyse specific commercial, social and environmental issues.
Explore this course
Studying economics opens the door to many professional opportunities globally. You will be employable in various settings, from a range of government, treasury, policy, and economic development roles, to manufacturing, transport, communications, banking, insurance, and investment.
Economics provides an insight into how key players in the economy respond to our changing world. You will learn how and why financial decisions are made on an individual, firm, corporate and national level.
With the help of world-class economists, you will develop essential knowledge about economic behaviour, the workings of economic systems and the skills used in analysing economic issues in a wide range of contexts. Graduates who complete the economics major will meet the academic requirements for professional membership of the Economics Society of Australia.
Careers and outcomes
Within the corporate world, economists work as analysts and consultants. Economists guide the strategic direction of firms to respond to changes in global economic conditions, structural changes within the sector or changes in government policy. In government, economists design and evaluate policy at all levels from treasury to health and education and everything in between.
Economics provides you with a diverse range of career options. Graduate positions include:
• business analyst
• business consultant
• private and public sector economist
• public sector manager.
Professional recognition
You will meet the academic requirements for professional membership of the Economics Society of Australia.
Research pathways
Bachelor of Business (Honours) option
High-achieving students who wish to take further studies may enrol in BS63 Bachelor of Business (Honours).
Possible careers
- Administrator
- Banker
- Banking and Finance Professional
- Business Analyst
- Corporate Secretary
- Economist
- Financial Advisor/Analyst
- Financial Project Manager
- Government Officer
- Investment Manager
- Policy Officer
- Public Servant
- Quantitative Analyst
- Risk Manager
- Statistician
- Stockbroker
Economics major units
- Economics 2
- Intermediate macroeconomics
- Intermediate microeconomics
- Contemporary application of economic theory (capstone unit)
Plus any four of the following:
Quantitative economics units
- Applied behavioural economics
- Applied econometrics
- Introduction to applied econometrics
- Game theory and applications
Applied economics units
- Environmental economics and policy
- International economics
- Financial markets
- Economics for the real world
Recommended complementary study areas
Second major and minor options
- Finance
- Management
- Marketing
- International business
- Language
Additional minor options
- Accountancy
- Business regulation
Industry links
Our lecturers have a wide range of real-world experience in finance, government policy making and in industry, so their teaching reflects current thinking and is based on practical situations and outcomes. These links also provide access to guest lecturers, who add their own experiences and challenges to your learning and thinking.
Economics major units
- Economics 2
- Intermediate macroeconomics
- Intermediate microeconomics
- Contemporary application of economic theory (capstone unit)
Plus any four of the following:
Quantitative economics units
- Applied behavioural economics
- Applied econometrics
- Introduction to applied econometrics
- Game theory and applications
Applied economics units
- Environmental economics and policy
- International economics
- Financial markets
- Economics for the real world
Recommended complementary study areas
Second major and minor options
- Finance
- Management
- Marketing
- International business
- Language
Additional minor options
- Accountancy
- Business regulation
- ATAR/selection rank threshold
- 70.00
These thresholds are the lowest adjusted scores to which QUT made an offer in Semester 1, 2022.
Don't have a ATAR/selection rank?
- Course code
- BS05
- QTAC code
- 413021
- CRICOS code
- 003491G
-
- Online
- Gardens Point
-
- Gardens Point
- 3 years full-time
- 6 years part-time
- 3 years full-time
- February and July
- February, July and November
Assumed knowledge
Before you start this course, we assume you have sound knowledge of the subject/s listed below. If you don't have the subject knowledge, you can still apply for the course but we strongly encourage you to undertake bridging studies to gain the knowledge:
- English, or Literature, or English and Literature Extension, or English as an Additional Language (Units 3 & 4, C)
- General Mathematics, or Mathematical Methods, or Specialist Mathematics (Units 3 & 4, C)
Year 12 early offer scheme
If you're a current Queensland Year 12 student, you may be eligible to receive an offer for this course on the last day of Queensland Year 12, before receiving your ATAR or selection rank.
Find out more about the QUT Year 12 Early Offer Scheme
Helping you to get into your course
If you don't think your ATAR or selection rank is high enough to get into this course, you can guarantee your entry with guaranteed advanced standing by upgrading through one the following programs which you can select as one of your QTAC preferences:
QUT College Diplomas
As a QUT College Diploma in Business, Entrepreneurship, or Esports (business pathway) graduate you will automatically receive an offer to start the Bachelor of Business within one week after completion of the diploma. You will also automatically receive up to 1.0 year (96 credit points) credit transfer and be able to complete the degree in 2 years as a full-time student (or equivalent part-time).
Find out more about the QUT College Diploma in Business
Find out more about the QUT College Diploma in Entrepreneurship
Find out more about the QUT College Diploma in Esports
Dual TAFE-Qld Greater Brisbane/QUT award
If you enrol in a QTAC offer in a Diploma of Accounting dual TAFE-Qld Brisbane/QUT award you will automatically receive a QUT conditional offer in June (semester 1 QTAC offer) or October (semester 2 QTAC offer) after your enrolment at TAFE-Qld Greater Brisbane is confirmed.
Upon completion of the TAFE-Qld diploma you will be able to enrol at QUT. You will also automatically receive 1 year (96 credit points) credit transfer and be able to complete the degree in 2 years as a full-time student (or equivalent part-time). More details will be provided in your QUT conditional offer letter.
Offer guarantee
If you achieve an ATAR or selection rank of 84.00 or higher (including any adjustments) and satisfy all other admission requirements, you are guaranteed an offer for this course.
Advanced standing
If you have prior studies or work experience, you may be eligible for advanced standing (credit). You can apply for advanced standing once you've been accepted to QUT. If you're in your first semester of study, you must apply for advanced standing within 10 days of receiving your offer.
Deferment
You can defer your offer and postpone the start of your course for one year.
More about deferring your offer
Adjustments to your ATAR/selection rank
Any adjustments you receive to your ATAR or selection rank will be applied to this course.
Find out if you’re eligible for an adjustment to your ATAR or selection rank
Offers we made to school leavers in Semester 1, 2021
The figures listed in the tables below reflect the offers that were made to recent ATAR students. The entry thresholds box at the top of this page shows the lowest adjusted ATAR/selection rank required to receive an offer for all applicants for the most recent January QTAC offer round.
| Excluding adjustments | Including adjustments | |
|---|---|---|
| Highest ATAR/selection rank to receive an offer |
Selection rank
98.70
|
Selection rank
99.95
|
| Median ATAR/selection rank to receive an offer |
Selection rank
87.00
|
Selection rank
87.00
|
| Lowest ATAR/selection rank to receive an offer |
Selection rank
70.50
|
Selection rank
76.00
|
You can find out more about your fellow students’ backgrounds with this course’s student profile.
Other admission options
If you are of Aboriginal or Torres Strait Islander descent, you may be eligible for admission through our Centralised Assessment Selection Process (CASP).
Minimum academic requirements
Select the country where you completed your studies to see a guide to the grades you need to apply for this course.
If your country or qualification is not listed, you can still apply for this course and we will assess your eligibility.
I completed secondary school in Australia
Assumed knowledge
Before you start this course we assume you have sound knowledge in these areas:
- General Mathematics, or Mathematical Methods, or Specialist Mathematics (Units 3 & 4, C)
- ATAR/selection rank
- 70.00
Offer guarantee
If you completed secondary school in Australia and achieve an ATAR/selection rank of 84.00 or higher (including any adjustments) and satisfy all other admission requirements, you are guaranteed an offer for this course.
Assumed knowledge
It is assumed you have knowledge in the equivalent General Mathematics, or Mathematical Methods, or Specialist Mathematics (Units 3 & 4, C).
Minimum English language requirements
Select the country where you completed your studies to see a guide on meeting QUT’s English language requirements.
Your scores and prior qualifications in English-speaking countries are considered. Approved English-speaking countries are Australia, Canada, England, Ireland, New Zealand, Scotland, South Africa, United States of America and Wales.
If your country or qualification is not listed, you can still apply for this course and we will assess your eligibility.
We accept English language proficiency scores from the following tests. Tests must be taken no more than 2 years prior to the QUT course commencement.
| English Test | Overall | Listening | Reading | Writing | Speaking |
|---|---|---|---|---|---|
| PTE Academic/PTE Academic Online | 58 | 50 | 50 | 50 | 50 |
|
Cambridge English Score
You must share your results with QUT through the Candidate Results Online website. |
176 | 169 | 169 | 169 | 169 |
| IELTS Academic / IELTS Online | 6.5 | 6 | 6 | 6 | 6 |
| TOEFL iBT / Home / Paper | 79 | 16 | 16 | 21 | 18 |
Don't have the English language score you need? We can help!
We offer English language programs to improve your English and help you gain entry to this course.
When you apply for this course, we will recommend which English course you should enrol in.
Your actual fees may vary depending on which units you choose. We review fees annually, and they may be subject to increases.
2023 fees
2023: To Be Announced
2023 fees
2023: To Be Announced
2022 fees
2022: CSP $14,600 per year full-time (96 credit points)
2022 fees
2022: $31,100 per year full-time (96 credit points)
Student services and amenities fees
You may need to pay student services and amenities (SA) fees as part of your course costs.
Find out more about undergraduate course fees
HECS-HELP: loans to help you pay for your course fees
You may not have to pay anything upfront if you're eligible for a HECS-HELP loan.
You can apply for scholarships to help you with study and living costs.
Corporate Partners in Excellence (CPIE) Scholarship - commencing students
A scholarship for future undergraduate students in business, seeking a competitive edge to launch their career.
- Scholarship eligibility
- Academic performance
QUT Excellence Scholarship (Academic)
QUT's premier offering for students with outstanding academic achievement.
- Scholarship eligibility
- Academic performance
The Lord Mayor's Multicultural Roundtable and QUT Business School Scholarship
- Scholarship eligibility
- Migrants or refugees; From a non-English speaking background
Laurie Cowled Indigenous Scholarship for Business Students
A scholarship for future and current Indigenous female students enrolled in undergraduate or postgraduate studies in business.
- Scholarship eligibility
- Indigenous Australian; Struggling financially; Women
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