Bachelor of Economics

Degree Type Bachelor
Duration 3 years full-time
or part-time equiv.
SATAC Code 314141
CRICOS 002790D

Connect with your world

Economists study the world through the analysis of decision-making in households, businesses and broader society. They examine details and put pieces together, always striving to understand the ‘big picture’.

Armed with these insights, economists can give expert advice on business strategy, understand the background behind the news, influence public policy for a better world, and make informed personal financial decisions.

What will you do?

Our Bachelor of Economics sets you up to understand and shape our economy's future. You will:

  • learn how to break down complex issues into resolvable questions
  • discover advanced techniques for analysing and managing data
  • study how maths and statistics are applied to economics
  • explore matters relating to the growth and stability of the whole economic system
  • investigate social issues such as inequality, housing affordability, environmental management and depleting natural resources.

There are also opportunities for professional internships in Adelaide, other Australian cities and overseas.

Where could it take you?

Economics graduates go on to all sorts of exciting careers. You might be a high-stakes stockbroker, banker, or financial planner, a data analyst in a government agency or health economist with a pharmaceutical group. You could be a demand planner in a big wine company. Perhaps you’ll end up working in journalism, foreign affairs or mobile game development.

  • Entry Requirements

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

    Domestic applicants

    Not a domestic applicant?

    Admissions information

    SATAC Code 314141
    2019 CSP ATAR 66.15
    2019 CSP IB 24
    Guaranteed Entry Score - ATAR 75
    Deferment Yes - 2 year
    Intake February and July
    Enquiries Future Students team

    2019 Admissions Data for school leavers
    ATAR
    (raw ATAR, excluding any applicable adjustment factors)
    Lowest ATAR to receive an offer 58.65
    Median ATAR to receive an offer 79.65
    Highest ATAR to receive an offer 98.6
    Selection Rank
    (ATAR plus any adjustment factors)
    Lowest Selection Rank to receive an offer 66.15
    Median Selection Rank to receive an offer 85.35
    Highest Selection Rank to receive an offer 99.95
    Minimum eligibility score 65
    Additional criteria considered Selection rank only
    Selection Criteria
    Recent Secondary Education Applicants with recent secondary education are those whose admission is primarily based on the completion of Year 12 within the last two years, however if you completed your secondary education more than two years ago, you may still be able to be considered on the basis of your secondary schooling. You must not have completed more than 2 years full time equivalent university study (48 units). You compete for a place with your Selection Rank (ATAR plus any applicable adjustment factors). Indigenous applicants may be eligible for entry through the Aboriginal and Torres Strait Islander Access Scheme. See Wirltu Yarlu for further information.
    Higher Education Study You must have completed at least six months full time equivalent higher education study (the number of courses and units will vary depending on your prior institution however at the University of Adelaide, this equates to 4 courses / 12 units). 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. Indigenous applicants may be eligible for entry through the Aboriginal and Torres Strait Islander Access Scheme. See Wirltu Yarlu for further information.
    Vocational Education and Training (VET) study You must have completed an AQF Certificate IV or above from a Registered Training Organisation. Your application will be ranked according to the level of the award. Indigenous applicants may be eligible for entry through the Aboriginal and Torres Strait Islander Access Scheme. See Wirltu Yarlu for further information.
    Work and life experience To be eligible to sit the Special Tertiary Admissions Test (STAT) as as pathway for entry, you must be 18 years or over before 1 February 2020. If you have studied at higher education level in the last two years (for 2020 entry this means you were enrolled in either 2019 or 2018), 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 2018). 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.
    Other Entry Pathways
    How to Apply
    SATAC Code: 314141

    Student Profile
    Applicant background Semester one/Full year intake 2019
    Number of students Percentage of all students
    (A) Higher Education study
    (includes a bridging or enabling course)
    <5 N/A
    (B) Vocational education and training (VET) study N/A N/A
    (C) Work and life experience
    (admitted on the basis of previous achievement not in the other three categories)
    8 20.0%
    (D) Recent secondary education:
    • Admitted solely on the basis of ATAR
      (regardless of whether this includes the consideration of adjustment factors)
    18 45.0%
    • Admitted where both ATAR and additional criteria were considered
      (e.g. portfolio, audition, extra test, early offer conditional on minimum ATAR)
    N/A N/A
    • Admitted on the basis of other criteria only and ATAR was not a factor
      (e.g. special consideration, audition alone, schools recommendation scheme with no minimum ATAR requirement)
    N/A N/A
    International students 11 27.5%
    All students 40 100.0%

    International applicants

    Not an international applicant?

    CRICOS 002790D
    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
    Academic Entry Requirements
    Secondary School Qualifications Selection Rank (International) 70
    International Baccalaureate (IB) 25
    Hong Kong Diploma of Secondary Education (HKDSE) 17
    United Entrance Certificate (UEC) [Malaysia] 25
    General Certificate of Education (GCE) Advanced Level 6
    Ontario Secondary School Diploma (OSSD) 65
    British Columbia Certificate of Graduation (Canada) 4.6
    Alberta High School Diploma (Canada) 74
    ISC & CBSE [India] 60%
    ISBE [India] 70%
    SAT [US] 1120
    Abitur 3.7
    Thailand Certificate of Secondary Education 2.2
    Bang Tot Nghiep Trung Hoc Pho Thong 7.5
    STPM or Matrikulasi 2.67
    Kuwait General School Secondary Certificate 70
    The University of Adelaide College Foundation Program 70
    Eynesbury Foundation Program 339
    ANU Foundation Studies 64
    Monash Foundation Year 67.5
    Trinity College Foundation Studies Program 70
    UNSW Foundation Year 6.5
    University of Sydney Foundation Studies Program 6.5
    Western Australia University Foundation Studies Program 56
    University of Queensland Foundation Studies Program 4.0
    Non-Go8 Foundation Score 70
    Other Qualifications Students who don't meet the academic requirements or who have other qualifications from the South Pacific Islands, Japan, Korea, Philippines 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 Pathway Programs
    How to Apply
  • Fees and Scholarships

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

    Domestic applicants

    Not a domestic applicant?

    Annual tuition fees
    Commonwealth-supported place

    More information on Student Contribution Amounts.

    International applicants

    Not an international applicant?

    Annual tuition fees International student place: $38,500

    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

    This degree provides a great foundation for a wide range of careers. Recent graduates have been employed by trading and merchant banks, stockbrokers, insurance companies, accounting firms, financial planners, infrastructure and utility companies, manufacturers and distributors and a wide range of federal and state government organisations. Other employment opportunities include journalism, teaching, foreign affairs and international consulting.

    Completion of an honours degree opens up more options for specialist positions in economics, including in government and business.

    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

    Work placement can include:

    Potential careers

    Business Consultant, Economic Researcher, Economist, Export / Import trade, Government or Corporate Policy Adviser, International Government and Trade Policy Adviser, International Trade or Business Analyst, Banker, Business Analyst, Business Data Analyst, Commodities or Futures Trader, Diplomatic corps, Project Officer, Public Servant, Foreign Affairs, Business Manager, Data Analyst, Financial Analyst, Health Economist, Humanitarian / Aid Worker, Industrial Organiser, International Development Worker, ...

  • Study Overseas

    A Study Overseas 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 Study Overseas, 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 available opportunities visit Study Overseas.

    Study Overseas Experience

    Your 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 semester exchange into your study plans.

    Study Tours

    Study tours are usually around two or three weeks in duration. They can be credited towards electives or 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
    Student Exchange

    The best time to go on an exchange is in Semester 1 - Year 2, or Semester 2 - Year 2, or Semester 1 - Year 3. If you want to go on an 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: 

    Europe

    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)

    South America

    University of Chile (Chile)

    Asia

    Xiamen University (China)
    University of International Business and Economics UIBE (China)

    North America

    HEC Montreal (Canada)

    Please see the example below and contact the Global Study Coordinator for more information. Also make sure to check out the Global Learning web site for a full list of University of Adelaide exchange partners, application dates and other key information. 

    Example of a Student Exchange Study Plan below:
    Partner & Country Course University of Adelaide Credit Units Year/ Level Core/ Elective
    University of Mannheim- Germany Economics (Poverty, Inequality and Income Distribution) Economics Elective Level II 3 2nd Year Elective
    Industrial Economics 2855 Industrial Organisation III 3 3rd
    Year
    Core/Elective
    Venture and Development Capital Economics Elective Level II 3 2nd
    Year
    Elective
    Applications for Economics, Management and Finance Econometrics III 3 3rd Year Core/Elective
  • Degree Structure

    The Bachelor of Economics program includes compulsory courses designed to give students a solid understanding of economics, plus a selection of optional courses.

    The compulsory courses make up half of the program and include economic principles, applied economics and econometrics.

    The other half of the program consists of optional or elective courses. Students can choose from further economics courses (for example international economics, international trade, environmental economics, industrial organisation, development economics, behavioural economics) or courses from other disciplines including accounting, finance, international studies, management, politics, marketing, geography, history, languages, mathematics, or computer science. In this way, the Bachelor of Economics will give students the opportunity to pursue one or more areas of interest outside of economics.

    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.

    You can find the academic program rules for this degree under the Faculty of the Professions rules.

    Areas of Specialisation

    The Bachelor of Economics gives students the flexibility to specialise in a particular area of economics, such as international or environmental economics.

    In addition, because only around half the degree's courses are compulsory, it is possible to enhance a chosen economics specialisation by taking courses with the same focus but from other disciplines (e.g. politics or environmental studies).

    Alternatively, students may choose to focus on something quite different within their degree, such as philosophy or accounting.

    Example Study Plan

    For students commencing Level 1 in 2019
    Indicative Study Plan
    Year Level 1
    Core courses ECON 1012: Principles of Economics I
    ECON 1008: Data Analytics I
    ECON 1005: Introduction to Mathematical Economics (Basic) I or ECON 1010: Introduction to Mathematical Economics (Advanced) I or approved Economics Level I mathematics course *
    ECON 1002: Australia in the Global Economy I or ECON 1009 International Financial Institutions & Markets I
    Electives Four level 1 electives not already taken and chosen from:

    ECON 1002: Australia in the Global Economy I
    ECON 1009: International Financial Institutions and Markets I
    ECON 1010: Introduction to Mathematical Economics (Advanced)
    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 2513: Global Economic History II
    Electives Four level II electives not already taken and chosen from:

    ECON 2500: International Trade and Investment Policy II
    ECON 2502: East Asian Economies II
    ECON 2508: Financial Economics II
    ECON 2511: Behavioural Economics II
    Courses from other disciplines offered within the University
    Year Level 3
    Core courses ECON 3525: Economic Policy Analysis III

    Plus three Level III courses from the Economics courses:

    ECON 3500: Resource and Environmental Economics
    ECON 3501: Development Economics III
    ECON 3502: Econometrics 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 3519: Advanced Mathematical Economics III
    Electives Four level III electives from the Economics courses or from other disciplines offered within the University, including the following (subject to availability and approval):

    PROF 3500: Undergraduate Professions Internship
    PROF 3501: Undergraduate Professions Internship Overseas
    Notes:

    This is an indicative study plan and subject to change.

    * Students who have not completed Year 12 Maths or equivalent must take Introduction to Mathematical Economics (Basic) I concurrently with Principles of Economics I in the first semester of first year. Students who have completed Year 12 Maths or equivalent may enrol in Introduction to Mathematical Economics (Advanced) I or another approved Economics Level I mathematics course.

    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.
  • Related Degrees

  • Further Information

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

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

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, 13 Sep 2019