Bachelor of Economics (Advanced)
Campus North Terrace Campus
Degree Type Bachelor
Duration 3 years full-time or part-time equiv.
SATAC Code 324791
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 B.Ec (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.)
Choose your applicant type to view the relevant admissions information for this program.
I am a:
SATAC Code 324791 2016 CSP ATAR 95.75 2016 CSP IB 36 2016 Adelaide Approved Score 95 Deferment Yes - 2 year Enquiries Ask Adelaide
Alternative entry pathways
SATAC Code: 324791
- 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 2017. If you have studied at higher education level in the last two years (for 2017 entry this means you were enrolled in either 2016 or 2015), 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 2015). 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
CRICOS 081482F Intake February and July
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 Reading 5.5 Listening 5.5 Speaking 6 Writing 6 TOEFL Overall 60 Reading 8 Listening 8 Speaking 18 Writing 21 Pearsons Overall 50 Reading 42 Listening 42 Speaking 50 Writing 50 Cambridge Overall 169 Reading 162 Listening 162 Speaking 169 Writing 169 Qualifications that meet minimum English requirements A range of alternative qualifications may meet the University’s minimum English requirements
Academic Entry Requirements
Secondary School Qualifications International ATAR 95 International Baccalaureate (IB) 34 Hong Kong Diploma of Secondary Education (HKDSE) 23 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
- Higher Education applicants
Fees and Scholarships
Choose your applicant type to view the relevant fees and scholarships information for this program.
I am a:
Annual tuition feesCommonwealth-supported place: $10,200
More information on Student Contribution Amounts.
Annual tuition fees International student place: $33,000
These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.
Career ReadinessCompleting the B.Ec (Adv) 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 GPA needed to remain in the program) and the training in economic analysis and research and outstanding performance of its graduates.
The B.Ec (Advanced) provides a springboard into leadership positions involving research, policy making 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 AttributesThe objective of this program is to produce graduates with specific attributes as outlined in University of Adelaide Graduate Attributes.
- Deep discipline knowledge
- Critical thinking and problem solving
- Teamwork and communication skills
- Career and leadership readiness
- Intercultural and ethical competency
- Self-awareness and emotional intelligence
Industry PlacementIt may be possible to secure a Work Placement through the Professions Internships program.
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.
Global Learning ExperienceYour program has been designed to provide you with the opportunity to add a global experience to your studies. You can do this by incorporating a study tour or a semester exchange into your study plan.
Study tours are usually around two or three weeks in duration. They can be credited towards electives or core courses. Study tours are usually held during the summer or winter break. The Faculty of the Professions runs different and repeated study tours every year. Some examples are below and current study tours being offered can be found here: Go Global
Course Year/Level Units Core/Elective International Internship – PROF 3501 2nd Year 3 Elective
The best time to go on an exchange is in Semester 1- Year 2, Semester 2 - Year 2, or Semester 1 - Year 3. if you want to go on exchange, the easiest way is to structure your degree plan so that you can take all electives during your exchange semester. However, there are some courses you can take at partner institutions that will count as core course credit.
The Faculty of the Professions preferred exchange partners for the business School are:
KU Leuven (Belgium)
Aarhus University (Denmark)
Copenhagen Business School (Denmark)
University of Exeter - Business School (England)
Aalto University (Finland)
Audencia Business School (France)
University of Strasbourg - EM Strasbourg Business School (France)
University of Strasbourg - Institute of Political Studies (France)
ESCP Europe (France)
HHL Leipzig Graduate School of Management (Germany)
EBS University of Business and Law (Germany)
University of Mannheim (Germany)
University of Tubingen - School of Economics (Germany)
University of Gottingen (Germany)
Bocconi University (Italy)
Ca' Foscari University of Venice (Italy)
Maastricht University (Netherlands)
Utrecht University (Netherlands)
University of Chile (Chile)
Xiamen University (China)
University of International Business and Economics UIBE (China)
HEC Montreal (Canada)
Please see the example below and contact the Global Study Coordinator for more information. Also make sure you check the Global Learning website for a full list of the University of Adelaide exchange partners, application dates, and other key information.
Partner & Country Course University of Adelaide Credit Units Year/ Level Core/ Elective University of Mannheim - Germany The Economics of Imperfect Labour Markets Economics Elective Level III 3 3rd Year Elective Venture and Development Capital Economics Elective Level II 3 2nd Year Elective Introductory Financial Econometrics Intermediate Econometrics II 3 2nd Year Core Experimental Decision Making Economics Elective Level III 3 3rd Year Elective
Degree StructureThe 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 BEc (Hons) program upon completion of the BEc (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 SpecialisationUnlike 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 focussing 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
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 Study Plans page of the Professions Support 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.
AssessmentAssessment 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.
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: Friday, 1 Dec 2017