Bachelor of Business (Economics)

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.