Highlights

  • 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 new Bachelor of Business - International degree, which includes one year of compulsory overseas studies.

Highlights

  • 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 new Bachelor of Business - International degree, which includes one year of compulsory overseas studies.

Why choose this course?

Economics is more than just a business discipline—it’s a way of looking at the world. It’s about important issues such as unemployment, inflation, interest rates, competition, business strategy, the sustainable use of resources and the impact of decisions made by governments. An understanding of economics is essential to understanding real-world issues and finding real solutions.

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.

QUT’s strength in applied economics research means you will learn 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.

An economics minor is also an excellent complement to other majors as it offers students the opportunity to develop a wider understanding of economics. An economics minor will also enhance students’ employability prospects by developing analytical and strategic thinking skills widely recognised as an outcome of economics training.

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, consider economics as a major.

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.

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

Careers and outcomes

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.

You will be employable in a variety of settings, from a range of government, treasury, policy and economic development roles, to manufacturing, transport, communications, banking, insurance and investment.

Graduate positions include:

  • private and public sector economist
  • business analyst
  • business consultant
  • 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

Details and units

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

Requirements

Selection rank
76.00

These thresholds are the lowest adjusted scores to which QUT made an offer in Semester 1, 2021.

Don't have a selection rank?

Find out other ways you can apply

Course code
BS05
QTAC code
413021
CRICOS code
003491G
Delivery
  • Online
  • Gardens Point
Delivery
  • Gardens Point
Duration
3 years full-time
6 years part-time
Duration
3 years full-time
Entry
February and July
Entry
February, July and November
Deferment

You can defer your offer and postpone the start of your course for one year.

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 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)

More about assumed knowledge

 

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 Diploma in Business 

QUT College Diploma in Business graduates will automatically receive an offer to start the Bachelor of Business within three weeks after completion of the diploma. 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).

Find out more about the QUT College Diploma in Business 

Dual TAFE-Qld Brisbane/QUT award

If you enrol in a QTAC offer for one of the following dual TAFE-Qld Brisbane/QUT awards 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.

  • Diploma of Accounting

  • Diploma of Business/Diploma of Leadership and Management

  • Diploma of Business/Diploma of Marketing and Communication

Upon completion of the TAFE-Qld diploma(s) 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.

More about advanced standing

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)

More about assumed knowledge

ATAR/selection rank
76.00
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.

English Test Overall Listening Reading Writing Speaking
Pearson PTE (Academic)
Test must be taken no more than 2 years prior to the QUT course commencement date.
58 50 50 50 50
Cambridge English Score
Test must be taken no more than 2 years prior to the QUT course commencement. You must provide your Candidate ID and Candidate Secret Number, these are printed on your Cambridge English Confirmation of Entry.
176 169 169 169 169
IELTS Academic
Test must be taken no more than 2 years prior to the QUT course commencement date.
6.5 6 6 6 6
TOEFL iBT
Test must be taken no more than 2 years prior to the QUT course commencement date.
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.

Haven't completed an English language test? We can help!

If you have not completed an English language test, you can sit the IELTS test at our IELTS test centre

Fees

Your actual fees may vary depending on which units you choose. We review fees annually, and they may be subject to increases.

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)

2021 fees

2021: CSP $14,500 per year full-time (96 credit points)

2021 fees

2021: $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.

Find out more about government loans

Scholarships

You can apply for scholarships to help you with study and living costs.

Browse all scholarships