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Bachelor of Economics (Advanced)

Degree Type Bachelor

Duration 3 years full-time or part-time equiv.

SATAC Code 324791

CRICOS 081482F

The Bachelor of Economics (Advanced) is a program designed for high-achieving students who are seeking a uniquely structured, specialised Economics degree with a strong emphasis on research and advanced economic analysis skills. This degree is for you if you want to obtain a deep understanding of how economic and social outcomes depend on institutions, economic policy and endowments (such as resources and skills) and you intend to become a leader in business, policy or research.

The degree features small group work and special activities and events with distinguished visitors. You will be given a personal mentor from the research staff of the School of Economics. This will allow you to interact with and learn from eminent researchers in the school, notable economists from abroad and high-ranking economists practising in the private and public sector. The degree also contains three courses unique to the Bachelor of Economics (Advanced). These will help equip you with knowledge and research skills required for high-level jobs in the private or public sector as well as for further study in economics.

(Note that there is the option for students in the conventional Bachelor of Economics degree to transfer into the Advanced degree if they achieve a sufficiently high Grade Point Average after one, two or three semesters.)

The John Creswell Scholarship

Charlie Bell Scholarship
  • Entry Requirements

    Choose your applicant type to view the relevant admissions information for this program.
    I am a:

    Domestic applicants

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    Admissions Transparency Data

    SATAC Code 324791
    2017 CSP ATAR 95
    2017 CSP IB 35
    2017 Adelaide Approved Score 95
    Deferment Yes - 2 year
    Intake February and July
    Enquiries Ask Adelaide
    Selection Criteria
    Year 12 Applicants You must not have completed more than 2 years full time equivalent university study (48 units). You compete for a place with your Australian Tertiary Admissions Rank (ATAR).
    Additional Entry Requirements
    Year 12 applicants must obtain an Australian Tertiary Admissions Rank (ATAR) of 95 or higher (or equivalent).

    Alternative entry pathways
    • Higher Education applicants
      You must have completed at least half a year full time equivalent university study. A Grade Point Average (GPA) is calculated for each separate program you have undertaken (apart from some double degree programs where the GPA is combined). You compete on the basis of your best GPA.
    • Special Entry applicants
      You must be 18 years or over before 1 February 2018. If you have studied at higher education level in the last two years (for 2018 entry this means you were enrolled in either 2017 or 2016), you must not have accumulated more than a TOTAL of 2 years full-time (or part-time equivalent) higher education study (ie. including any study prior to 2016). If you meet this criteria, you will be ranked according to your result in the Special Tertiary Admissions Test (STAT). Your STAT result is not weighted between verbal and quantitative components. Indigenous applicants may be eligible for entry through the Aboriginal and Torres Strait Islander Access Scheme. See Wirltu Yarlu for further information.
    • Without formal qualifications?
      You may be eligible for our special access schemes.
    • Other Entry Pathways
    How to Apply
    SATAC Code: 324791

    International applicants

    Not an international applicant?

    Admissions Transparency Data

    CRICOS 081482F
    Intake February and July
    Selection Criteria
    English Language Requirements
    Australian Year 12 Successful completion of an Australian year 12 qualification with a minimum pass in an accepted English language subject
    English Tests accepted by the University of Adelaide
    IELTS Overall 6.5 Reading 6 Listening 6 Speaking 6 Writing 6
    TOEFL Overall 79 Reading 13 Listening 13 Speaking 18 Writing 21
    Pearsons Overall 58 Reading 50 Listening 50 Speaking 50 Writing 50
    Cambridge Overall 176 Reading 169 Listening 169 Speaking 169 Writing 169
    Qualifications that meet minimum English requirements A range of alternative qualifications may meet the University’s minimum English requirements
    Minimum Academic Entry Requirements
    Secondary School Qualifications International ATAR 95
    International Baccalaureate (IB) 34
    Hong Kong Diploma of Secondary Education (HKDSE) 21
    United Entrance Certificate (UEC) [Malaysia] 5
    General Certificate of Education (GCE) Advanced Level 13
    Ontario Secondary School Diploma (OSSD) 90
    ISC & CBSE [India] 90%
    ISBE [India] 95%
    SAT [US] 1520
    Abitur 1.6
    Thailand Certificate of Secondary Education 3.7
    Bang Tot Nghiep Trung Hoc Pho Thong 9.5
    STPM or Matrikulasi 3.55
    The University of Adelaide College Foundation Program 88
    Eynesbury Foundation Program 430
    Other Qualifications Students who don't meet the academic requirements or who have other qualifications from the South Pacific Islands, Japan, Korea, Phillipines or Taiwan may be eligible to apply for a Pre-University Pathway to prepare for or gain entry into the University's undergraduate academic programs. For additional information see Admissions Information - Academic Requirements
    How to Apply
  • Fees and Scholarships

    Choose your applicant type to view the relevant admissions information for this program.
    I am a:

    Domestic applicants

    Not a domestic applicant?

    International applicants

    Not an international applicant?

    Annual tuition fees International student place: $35,000

    Scholarships

    These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.

    Find a Scholarship.

  • Careers

    Career Readiness

    Completing the Bachelor of Economics (Advanced) is likely to enhance your career opportunities because employers will note the high academic merit standards incorporated in this program (both the entrance requirements and the high grade point average needed to remain in the program) and the training in economic analysis and research and outstanding performance of its graduates.

    The Bachelor of Economics (Advanced) provides a springboard into leadership positions involving research, policymaking and consultancy and is an excellent pathway (via Honours) to PhD study which may facilitate a career in academia.

    The University of Adelaide Careers Service prepares, inspires and empowers students to achieve successful career transitions and connect with industry.

    Graduate Attributes

    The objective of this program is to produce graduates with specific attributes as outlined in University of Adelaide Graduate Attributes.
    1. Deep discipline knowledge
    2. Critical thinking and problem solving
    3. Teamwork and communication skills
    4. Career and leadership readiness
    5. Intercultural and ethical competency
    6. Self-awareness and emotional intelligence

    Industry Placement

    It may be possible to secure a work placement through the Professions Internships program.
  • Global Learning

    A Global Learning Experience is an integral component to your academic journey at The University of Adelaide. The university is committed to offering its students the opportunity to study overseas through a range of degrees offered via the Global Learning Office, including student exchange, study tours, short study degrees, internships and placements. There are many exciting opportunities in Europe, Asia, the Americas, Africa, and Oceania ranging from a few weeks to a full academic year.

    To find Global Learning opportunities available in your study area click Global Experiences.

  • Degree Structure
    The Bachelor of Economics (Advanced) program contains compulsory courses designed to give you a highly developed understanding of economics and advanced research skills. The compulsory courses include the three program-specific advanced courses: Advanced Economic Analysis I, II and III. They cover the central areas of economics and complement the standard core courses in microeconomics (how consumers and firms behave and how markets work), macroeconomics (the growth and stability of the whole economic system) and econometrics (the statistical tools for economic data analysis). The compulsory courses make up approximately half of the degree.

    Like the conventional Bachelor of Economics, the remaining components of the program consist of optional or elective courses chosen from a large pool of courses from Economics or other areas. Unlike the conventional Bachelor of Economics, students in the Advanced degree can also obtain majors in Finance, Social Sciences or Politics and International Studies. In addition, study plans for studying for the Bachelor of Economics (Advanced) concurrently with other degrees (e.g. Law or Engineering) are available.

    To remain in this highly competitive program, you must maintain a high grade point average (GPA) throughout your candidature. Similarly, if you attain a predetermined GPA you will automatically be eligible for a place in the Bachelor of Economics (Honours) program upon completion of the Bachelor of Economics (Advanced). The optional Honours (fourth) year involves the writing of a research report or thesis together with advanced coursework in macroeconomics, microeconomics and econometrics.

    Academic Program Rules

    The Calendar is a comprehensive handbook of the University's academic program rules.

    Areas of Specialisation

    Unlike the conventional Bachelor of Economics, students in the Advanced degree can also obtain a major in Finance, Social Sciences or Politics and International Studies. In addition, study plans for studying for the Bachelor of Economics (Advanced) concurrently with other degrees (e.g. Law or Engineering) are available.

    If you do not wish to have a formal major in any of the three areas above, you still have the flexibility to specialise in another area of economics, for example focusing on environmental economics. You could also enhance that economics specialisation by taking courses with the same focus but from other disciplines (e.g. from environmental studies).

    Example Study Plan

    Indicative study plan
    Year level 1
    Core Courses ECON 1012 Principles of Economics I
    ECON 1011 Advanced Economic Analysis I
    ECON 1010 Introduction to Mathematical Economics (Advanced) I or approved Economics Level I mathematics course*
    ECON 1005 Introduction to Mathematical Economics (Basic) or ECON 1002 Australia in the Global Economy I or ECON 1009 International Financial Institutions and Markets I
    Electives Four Level I electives not already taken and chosen from:
    ECON 1002 Australia in the Global Economy I
    ECON 1005 Introduction to Mathematical Economics (Basic) I
    ECON 1009 International Financial Institutions and Markets I
    Courses from other disciplines offered within the University
    Year level 2
    Core Courses ECON 2506 Intermediate Microeconomics II
    ECON 2507 Intermediate Macroeconomics II
    ECON 2504 Intermediate Econometrics II
    ECON 2512 Advanced Economic Analysis II
    ECON 2513 Global Economic History II
    Electives Three Level II electives chosen from:
    ECON 2500 International Trade and Investment Policy II
    ECON 2502 East Asian Economies II
    ECON 2508 Financial Economics II
    ECON 2511 Thinking Strategically II
    Courses from other disciplines offered within the University
    Year level 3
    Core Courses ECON 3519 Advanced Mathematical Economics III
    ECON 3502 Econometrics III
    ECON 3523 Advanced Economic Analysis III
    ECON 3524 Economic Policy Analysis III Part A
    Electives Four Level III electives chosen from:
    ECON 3500 Resource and Environmental Economics III
    ECON 3501 Development Economics III
    ECON 3503 Game Theory III
    ECON 3506 International Trade III
    ECON 3508 Public Economics III
    ECON 3510 International Finance III
    ECON 3511 Money, Banking and Financial Markets III
    ECON 3516 Industrial Organisation III
    ECON 3520 Sports Economics III
    Courses from other disciplines offered within the University, including the following (subject to availability and approval):
    PROF 3776 Business and Economics International Study Tour Double
    PROF 3777 Business and Economics International Study Tour
    PROF 3500 Industry Placement
    PROF 3501 International Internship
    PROF 3502 Professions Internship Program
    PROF 3883 Graduate Career Readiness
    Notes:

    This is an indicative study plan and subject to change.

    Study plans for studying for the Bachelor of Economics (Advanced) with a Major or concurrently with other degrees (e.g., Law or Engineering) are available.  For further details, please see the Downloads, Forms and Study Plans page of the Professions Undergraduate Hub.

    *Depending on the results of a diagnostic test, students who have not completed mathematics to at least SACE Stage 2 Mathematical Studies (or equivalent) may be required to complete Introduction to Mathematical Economics (Basic) I before attempting Introduction to Mathematical Economics (Advanced) I or any Level II economics core courses. The course assumes no previous study of mathematics and covers topics relevant to economics undergraduates.  Students choosing an additional major in Finance replace ECON 1010 with two other maths courses.  Please refer to the study plan for a major in Finance.



    Assessment

    Assessment is based on a range of methods. Typical examples of those methods include examinations, tests, individual or group assignments, projects, presentations, online quizzes and tutorial work.
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  • Further Information

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    Phone: +61 8 8313 7335 (toll free 1800 061 459)

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The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Last updated: Thursday, 19 Oct 2017

 

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