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Find a Program in 2009

Glossary and FAQs

Glossary of Terms
Commonly used terms and expressions you'll encounter while preparing for study at university.

Frequently Asked Questions About:

  1. Fees & Charges
  2. Academic Programs
  3. Applying to the University of Adelaide
  4. Scholarships
  5. Important Dates

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Student Centre Opening Hours:
Mon, Wed, Thurs, Fri:
8:45am-5:00pm
Tues: 9:30am-5:00pm
[Current Local Time]

Phone: +61 8 8303 7335
(Country and interstate callers toll free on 1800 061 459)

Program Outline

The study of economics relates to the entire range of activities undertaken by a country’s organisations and focuses on the 'big picture'. Economics courses are primarily concerned with the economic welfare of a country’s population and the management of its public institutions and private business enterprises.

The study of economics at the University of Adelaide will help you understand how a market economy works. It will also help you to develop other important employment skills - critical and logical thinking, evaluation of argument and evidence, knowing where and how to find information, working with initiative and in teams, and communicating effectively both orally and in writing. These are the skills that employers constantly seek in graduates.

The typical Bachelor of Economics program combines a major in economics with a selection of elective courses. Half of the courses are in economics including economic principles, applied economics, statistics and economic history. Electives can be additional economics courses, including in the areas of environmental economics, international trade and development economics, and commerce courses such as marketing or management. Students can also choose courses from other disciplines, for example, geography, history, languages, philosophy, politics, applied or pure mathematics, science and computer science.

Program Structure

The typical Bachelor of Economics (BEc) program combines a major in economics with a selection of elective or optional courses. Half of the courses undertaken in the BEc are in economics (or more if preferred), including economic principles, applied economics, and statistics. The electives, or options, can be additional economics courses, such as environmental economics, international trade or development economics. Economics students can also choose courses from other disciplines, for example, finance, geography, history, languages, marketing, management, philosophy, politics, applied or pure mathematics, science and computer science. Subject to quota restrictions economics students may take courses offered by the School of Commerce, leading to professional accounting qualifications. The optional Honours (fourth) year involves the writing of a research report or thesis together with advanced coursework in macroeconomics, microeconomics and econometrics.

The program provides an excellent foundation for a wide range of careers. The degree leads to careers at managerial level in either the private or public sector. It is also the first degree for those who intend to pursue more advanced studies in economics and related fields. Recent graduates have been employed by trading and merchant banks, stockbrokers, insurance companies, manufacturers and distributors and a wide range of federal and state government organisations. Other opportunities include journalism, teaching, foreign affairs and international consulting.

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Admission Information

Choose your applicant type to view the relevant admissions information for this program.

I am a:

Domestic applicants

Not a domestic applicant? ?

2008 CSP IB 25
SATAC Code 314141
2008 CSP TER 70.55
HESS group ? General
Annual tuition fees ?
Commonwealth-supported place: $8,677
Mid-year entry? Yes
Enquiries Student Centre

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 Tertiary Entrance Rank (TER).
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.
  • VET applicants
    You must have completed an AQF Diploma or above. Your application will be ranked according to the level of the award.
  • Special Entry applicants
    You must meet the following criteria: you must be 21 years or over on January 1st of the year that you will be studying*, you must not hold a completed higher education level award, and if you have been enrolled in a course leading to a higher education level award in the last 3 years, you must not have completed more than 2 years full time equivalent university study. If you meet this criteria, you will be ranked according to your result in the Special Tertiary Admissions Test (STAT). Your STAT result is weighted such that the verbal component contributes 35% and the quantitative component contributes 65% to your overall score. Personal Competencies (PC) and Employment Experience (EE) statements will not contribute to your rank. *The age restriction is 19 years or over if you have completed either the Flinders Foundation course or the UniSA Foundation Studies program or the UniSA Program for Adult Learners. Indigenous applicants may be eligible for entry through the Aboriginal and Torres Strait Islander Access Scheme. See Wilto Yerlo for further information.
  • Without formal qualifications?
    You may be eligible for our special access schemes.
Additional Entry Requirements ?
Applicants who wish to be considered for entry on the basis of a completed VET/TAFE Diploma/Advanced Diploma (or overseas equivalent) must submit an official academic transcript and evidence of completion of the VET/TAFE course to the Business School, 10 Pulteney Street, Adelaide SA 5000. Official transcripts for a completed VET/TAFE Diploma/Advanced Diploma must be received by the School no later than the first week of January, 2009. For further details contact the Business School on (08) 8303 4755.

How to Apply ?

SATAC Code: 314141

International applicants

Not an international applicant? ?

International TER 75
IELTS Total 6 [more info]
Annual tuition fees ? International student place: $22,000
Mid-year entry? Yes
Enquiries Student Centre

Selection Criteria ?

Equivalent Scores
International TER 75
IELTS
Total
Reading
Listening
Speaking
Writing
6
5.5
5.5
6
6

How to Apply ?

International applicants applying with Australian year 12 results

Not an international applicant applying with Australian year 12 results? ?

International TER 75
Annual tuition fees ? International student place: $22,000
Mid-year entry? Yes
Enquiries Student Centre

Selection Criteria ?

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Areas of Specialisation

As only about half of the Bachelor of Economics program is made up of compulsory courses, it is possible to choose elective courses which will complement a specialisation in a particular area of economics, such as a focus on international or environmental economics.

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Study Plans

The study plans ? given are examples of pathways through this degree. For a complete description, see the program rules.

Students who have not completed mathematics to at least SACE Stage 2 Mathematical Studies (or equivalent) must complete Mathematics for Economists I before attempting level II economics core courses. The course assumes no previous study of mathematics and covers topics relevant to economics undergraduates.

For students commencing Level 1 in 2009:

Level I
  • ECON 1004: Principles of Microeconomics I
  • ECON 1000: Principles of Macroeconomics I
  • ECON 1008: Business and Economics Statistics I
  • ECON 1005: Mathematics for Economists I or Economics Level I course

Plus four Level 1 Electives chosen from:

  • ECON 1009: International Financial Institutions & Markets I
  • Courses from other disciplines offered within the University
Level II
  • ECON 2506: Intermediate Microeconomics II
  • ECON 2507: Intermediate Macroeconomics II
  • ECON 2504: Intermediate Econometrics II
  • Economics Level II course

Plus four Level II Electives from the Economics courses or from other disciplines within the University. 

Level III
  • Four Economics Level III courses 

Plus four Level III Electives from the Economics courses or from other disciplines within the University.  

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Career Opportunities

The Bachelor of Economics is designed primarily as an education for future managers and decision makers in all areas of the economy - private firms, government departments, consultancies and private and public interest groups. Economics graduates are employed by trading and merchant banks, stockbrokers, manufacturers and distributors, insurance companies, and a wide range of government organisations. Other options include journalism, teaching and international consulting.

After completion of an Honours or higher degree, graduates may call themselves a professional economist and usually work for companies, governments, international agencies, or as university lecturers. The Bachelor of Economics is also the first step for those who would like to take more advanced studies in economics and related fields.

Potential careers

Market Researcher, Foreign Affairs, Political Advisor, Stockbroker, Business Consultant, Economic Researcher, Economist, Export / Import trade, Government or Corporate Policy Adviser, International Government and Trade Policy Adviser, International Trade or Business Analyst, Journalist, Accountant, Banker, Business Analyst, Business Data Analyst, Commodities or Futures Trader, Consultant, Development Officer, Diplomatic corps, Project Officer, Public Servant, ...

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Program Rules

School of Economics

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Further Information

Please direct enquiries to the Student Centre
Phone: +61 8 8303 7335 (toll free 1800 061 459)

The annual Open Day and Information Night events provide an excellent opportunity to see our campus, meet with academics, and discuss your study options.

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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: Tuesday, 9 Jun 2009

Program Talks

Economics: A degree for life!

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The University of Adelaide offers the widest range of degree and subject offerings in the field of Economics within South Australia. The single and double degrees promote the development of employment skills including critical and logical thinking, evaluation of argument and evidence and the ability to research global issues. These programs provide an excellent foundation for a wide range of careers within the private or public sector.