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Overview

Guide to entry thresholds

OP8

Rank84

Course information set

  • 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.
QTAC course code413021
QUT course code BS05
Attendance Part-time or Full-time
Course duration 3 years full-time
6 years part-time
Start month 2017 & 2018 February, July
Deferment

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

Delivery On campus
  • Gardens Point
Faculty
  • QUT Business School
Course contact
  • Email:
CRICOS code 003491G
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

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 economics major meets contemporary business needs with two streams available for your choice: a quantitative stream and a policy (applied) stream. Both streams will ensure you gain expertise in understanding and applying economic concepts. The quantitative stream provides training in econometrics (the key modelling tool used by economists), as well as game theory and behavioural economics. Alternatively, students may specialise in the public policy stream which incorporates units in environmental economics, economics of the real world and international economics.

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. To ensure the best fit with students’ majors, there is a choice of two economic minors focusing either on quantitative economics or the policy applications of economics.

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.

Career 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).

Units

Download course structures and unit outlines for Bachelor of Business (Economics)

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

Entry requirements

Guide to entry thresholds

OP 8

Rank 84

Course information set

Assumed knowledge

Before you start this course we assume you have sound knowledge in these areas:

  • Maths A, B or C
  • English

We assume that you have knowledge equivalent to four semesters at high school level (Years 11 and 12) with sound achievement (4, SA).

More about assumed knowledge

Did you get an OP 1-5?

If you receive an OP 1-5 or equivalent, you're guaranteed an offer for this course in the major offer round.

Course fees

Your actual fees may vary depending on which units you choose. We review fees annually.

2018: CSP $10800 per year full-time (96 credit points) (subject to annual review)

2017: CSP $10600 per year full-time (96 credit points) (subject to annual review)

Student Services and Amenities Fee

You may need to pay the Student Services and Amenities Fee (SSAF) as part of your course costs.

HECS-HELP: loans to help you pay your course fees

You may not have to pay anything upfront if you're eligible for a HECS-HELP loan.

Find out if you're eligible for a HECS-HELP loan

Scholarships and financial support

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

These scholarships are available for this course:

View all scholarships

You may also be eligible for Centrelink payments.

Apply

How to apply for Bachelor of Business (Economics)

You apply through QTAC for all our undergraduate courses.

Are you ready to submit your application?

You're ready if you've:

  1. Found all the courses you want to apply for - you can apply for up to 6.
  2. Checked important dates.
  3. Checked you meet the entry requirements.
  4. Checked your course costs and if you're eligible for financial support.

All done? Then you're ready to apply.

Important: Make a note of the QTAC code for this course (413021) because you'll need to enter it as part of your QTAC application.

Apply now

After you've submitted your application to QTAC

If you've studied before or if you have at least two years' work experience, you may want to apply for credit for prior learning.

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