Bachelor of Economics
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.
^QS World University Ranking by Subject, 2021
For our students who are studying offshore in 2021 and 2022, the University will continue to offer high-quality access to the learning resources remotely for most programs. This includes all lectures, tutorials and other support material. Students will be advised in advance if there are course components that cannot be provided in remote mode and, wherever possible, offered alternative courses. Please refer to the COVID-19 FAQ page for a list of programs where in-person attendance is required.
Choose your applicant type to view the relevant admissions
information for this program.
I am a:
|2021 CSP ATAR||66.7|
|2021 CSP IB||24|
|Guaranteed Entry Score - ATAR||75|
|Guaranteed Entry Score - IB||26|
|Deferment||Yes - 2 year|
|Intake||February and July|
|Enquiries||Future Students team|
2021 Admissions Data for school leavers
(raw ATAR, excluding any applicable adjustment factors)
|Lowest ATAR to receive an offer||64|
|Median ATAR to receive an offer||78.8|
|Highest ATAR to receive an offer||99.2|
(ATAR plus any adjustment factors)
|Lowest Selection Rank to receive an offer||66.7|
|Median Selection Rank to receive an offer||81.48|
|Highest Selection Rank to receive an offer||99.95|
|Minimum eligibility score||65|
|Additional criteria considered||Selection rank only|
|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 Pathway. 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 Pathway. 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 Pathway. 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 2022. If you have studied at higher education level in the last two years (for 2022 entry this means you were enrolled in either 2021 or 2020), 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 2020). 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 Pathway. See Wirltu Yarlu for further information.|
|Other Entry Pathways|
|Applicant background||Semester one/Full year intake 2021|
|Number of students||Percentage of all students|
|(A) Higher Education study
(includes a bridging or enabling course)
|(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)
|(D) Recent secondary education:|
|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||
|Qualifications that meet minimum English requirements||A range of alternative qualifications may meet the University’s minimum English requirements|
Academic Entry RequirementsMore Information
|Secondary School Qualifications||Selection Rank (International)||70|
|International Baccalaureate (IB)||24|
|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)||65%|
|Alberta High School Diploma (Canada)||74|
|ISC & CBSE [India]||65%|
|SAT (in conjunction with American High School Diploma)||1120|
|AP (in conjunction with American High School Diploma)||6|
|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||59%|
|Monash Foundation Year||64|
|Trinity College Foundation Studies Program||70|
|UNSW Foundation Year||6.4|
|University of Sydney Foundation Studies Program||6.5|
|Western Australian Universities' Foundation Program (WAUFP)||54|
|University of Queensland Foundation Studies Program||4.0|
|Non-Go8 Foundation Score||70|
|SMA3 (in conjunction with National Final Examination Certificate)||80|
|Gao Kao (China National College Entrance Examination)||60%|
|KCSE (Kenya Certificate of Secondary Education)||B+|
|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|
Fees and Scholarships
Choose your applicant type to view the relevant fees and scholarships information for this program.
I am a:
|Indicative annual tuition fees||
More information on Student Contribution Amounts.
|Indicative annual tuition fees (24 units)||International student place: $42,000|
These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.
The Eric Smith Scholarship awards $1,500 to the commencing student with the highest overall selection rank who enrols in our single degree Bachelor of Economics program. Recipients must be Australian citizens or permanent residents of Australia undertaking study as a Commonwealth supported student.
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 AttributesThe objective of this program is to produce graduates with specific attributes as outlined in University of Adelaide Graduate Attributes.
- Deep discipline knowledge and intellectual breadth
- Creative and critical thinking, and problem solving
- Teamwork and communication skills
- Professionalism and leadership readiness
- Intercultural and ethical competency
- Australian Aboriginal and Torres Strait Islander cultural competency
- Digital capabilities
- Self-awareness and emotional intelligence
Work placement can include:
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, ...
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 big data, international economics, international trade, environmental economics, human resources economics, 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
In addition to the core studies for the Bachelor of Economics, a second major may be taken from the following:
- Financial Economics
- Public Policy
- International Economic Development.
A minor in Financial Services is also available.
Example Study Plan
For students commencing Level 1 in 2020
|Year Level 1|
|Core courses||ECON 1012: Principles of Economics I
ECON 1008: Data Analytics I
ECON 1005: Introduction to Mathematical Economics I or ECON 1010: Mathematical Economics I or approved Economics Level I mathematics course *
ECON 1002: Australia in the Global Economy I or ECON 1009 International Financial Institutions & Markets I or ECON 1013 Using Big Data for Economic and Social Problems 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: Mathematical Economics I
ECON 1013: Using Big Data for Economic and Social Problems I
Courses from other disciplines offered within the University
|Year Level 2|
|Core courses||ECON 2507: Intermediate Macroeconomics II
ECON 2513: Global Economic History II
ECON 2514: Managerial Economics II
ECON 2515: Intermediate Applied Econometrics 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
ECON 3530: Applied Econometrics III
Plus two Level III courses from the Economics courses:
ECON 3500: Resource and Environmental Economics
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 3519: Advanced Mathematical Economics III
ECON 3528: Human Resources 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
This is an indicative study plan and subject to change.
* Students who have not completed Year 12 Maths or equivalent should take Introduction to Mathematical Economics 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 Mathematical Economics I or another approved Economics Level I mathematics course.
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: Wednesday, 20 Oct 2021