Undergraduate Courses
  • Students are to follow the requirements of the Handbook for the year they commenced the course.

    However, the subject links below do not contain the subject information for the current year. You can view current subject information through the new Course Handbook.

Economics

Economics provides an understanding of the operation of the economy at macro and micro levels. These include modern business, health care, the environment, the labour market, national economic policy and international monetary issues. You will learn general principles and tools which can be applied to a wide range of issues affecting the national and international economy. You will discuss the big issues including unemployment, the level of national debt, the existence of poverty and the problems confronting developing countries. You will study the three major components of Economics:  

Macroeconomics, which focuses on the way the whole economy functions, examining issues such as economic growth, unemployment and interest rates. 

Microeconomics, which focuses on the behaviour of individual components of the whole economy, such as consumers, companies, trade unions, employers' associations and the various levels of government.

Quantitative Methods, which focuses on quantitative and mathematical techniques and their application to business economics. 

Subjects required for major study

Code

Subjects

Session

Credit Points

ECON205

Macroeconomic Theory and Policy

Autumn/Spring

6

ECON215

Microeconomic Theory and Policy

Autumn/Spring

6

ECON305

Economic Policy

Autumn

6

Plus one of the following

ECON221

Introductory Econometrics

Autumn

6

ECON222

Mathematics for Business

Autumn/Spring

6

ECON240

Financial Modelling

Spring

6

Plus one of the following

ECON316

History of Economic Thought

Spring

6

ECON304

The Historical Foundations of the Modern Australian Economy

Autumn

6

Plus 18 credit points, 12 of which must be from 300-level Economics subjects and the other 6 from 200- or 300-level Economics subjects.

PROFESSIONAL RECOGNITION/ACCREDITATION

A Bachelor of Commerce (Economics) enables graduates to meet the membership requirements of relevant professional associations. For more information visit Professional Accreditation and Recognition

Other information

Further information is available at:
UOW Course Finder
Email: business-enquiries@uow.edu.au
 

Last reviewed: 9 April, 2014