- 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
The course information on this page is for new students commencing their degree in 2016 only.
Students should follow the rules and requirements for the year that they commenced their course. The online course information for years prior to 2016 are available from the Archives link in the menu.
Students should also review current subject availabilities via the Subject Descriptions link in the menu.
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
| Subject Code | subject Name | Credit Points | Session(s) |
|---|---|---|---|
| ECON205 | Macroeconomic Theory and Policy | 6 | Autumn, Spring |
| ECON215 | Microeconomic Theory and Policy | 6 | Autumn |
| ECON305 | Economic Policy | 6 | Spring |
| Plus one subject from the following: | |||
| ECON222 | Mathematics for Business | 6 | Autumn, Spring |
| ECON339 | Applied Financial Modelling | 6 | Spring |
| Plus one subject from the following: | |||
| ECON316 | History of Economic Thought | 6 | Spring |
| ECON304 | The Historical Foundations of the Modern Australian Economy | 6 | Autumn |
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
A Bachelor of Commerce (Economics) enables graduates to meet the membership requirements of relevant professional associations. For more information visit Professional Recognition
Other information
Further information is available at:
UOW Course Finder
Email: business-enquiries@uow.edu.au