Bachelor of Economics (Advanced)

For economic innovators

Aspire to be a leader in business, policy or research?

The Bachelor of Economics (Advanced) is a uniquely structured and specialised degree for students who want to stand out in their field.

What will you do?

Our advanced degree emphasises research and high-level analytical skills. You will:

  • interact with and learn from eminent researchers, notable economists from abroad, and high-ranking economists practising in the private and public sector
  • have the opportunity to partner with an academic mentor who’ll support and encourage your intellectual development
  • access three unique courses specifically designed for high-achieving students
  • benefit from small-group work, special activities and events with distinguished visitors.

Note: You must maintain a GPA of 5.0 or you’ll be required to transfer to the Bachelor of Economics. Conversely, if you initially enrol in the Bachelor of Economics you may be eligible to transfer into the advanced degree after two or three semesters if you achieve a high enough GPA.

Where could it take you?

You might specialise in maths and statistics and become an econometrician, working in logistics and modelling transport infrastructure. You could write pioneering policy around education, taxation or mental health. Perhaps you’ll use behavioural economics to encourage people to recycle, or research the potential impacts of a universal basic income.

Entry Requirements

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:

Domestic applicants

Admissions information

SATAC Code 324791
2021 CSP ATAR 95.2
2021 CSP IB 37
Guaranteed Entry Score - ATAR 95
Guaranteed Entry Score - IB 37
Deferment Yes - 2 year
Intake February and July
Enquiries Future Students team

2021 Admissions Data for school leavers
ATAR
(raw ATAR, excluding any applicable adjustment factors)
Lowest ATAR to receive an offer 88.15
Median ATAR to receive an offer 97.43
Highest ATAR to receive an offer 99.55
Selection Rank
(ATAR plus any adjustment factors)
Lowest Selection Rank to receive an offer 95.2
Median Selection Rank to receive an offer 99.18
Highest Selection Rank to receive an offer 99.95
Minimum eligibility score 90
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 Pathway. See Wirltu Yarlu for further information.
Additional Entry Requirements
Year 12 applicants must obtain an Australian Tertiary Admissions Rank (ATAR) of 95 or higher (or equivalent).
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.
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
How to Apply
SATAC Code: 324791

Student Profile
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)
9 26.5%
(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)
<5 N/A
(D) Recent secondary education:
  • Admitted solely on the basis of ATAR
    (regardless of whether this includes the consideration of adjustment factors)
19 55.9%
  • 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)
<5 N/A
International students <5 N/A
All students 34 100.0%

Fees and Scholarships

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

Domestic applicants

Indicative annual tuition fees
Commonwealth-supported place

More information on Student Contribution Amounts.

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.

The John Creswell Scholarship awards $5,000 to the commencing student with the highest overall selection rank who enrols in the Bachelor of Economics (Advanced) program at the University of Adelaide. This scholarship is open to Australian citizens or permanent residents of Australia.

Careers

Career Readiness

Completing the Bachelor of Economics (Advanced) will enhance graduates' career opportunities by demonstrating to employers:

  • high academic merit standards (both to enter and retain their place)
  • advanced training in economic analysis and research.

Employers will also be aware of past graduates' reputation for outstanding performance.

The Bachelor of Economics (Advanced) provides a springboard into leadership positions involving research, policymaking and consultancy. It is also an excellent pathway (via honours) to PhD study, and 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 and intellectual breadth
  2. Creative and critical thinking, and problem solving
  3. Teamwork and communication skills
  4. Professionalism and leadership readiness
  5. Intercultural and ethical competency
  6. Australian Aboriginal and Torres Strait Islander cultural competency
  7. Digital capabilities
  8. Self-awareness and emotional intelligence

Industry Placement

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

Potential careers

Banker, Data Analyst, Policy Adviser, Econometrician, Economic Researcher, Economist, Public Servant, Environmental Economist

Degree Structure

The Bachelor of Economics (Advanced) program contains compulsory courses designed to give students a highly developed understanding of economics and advanced research skills. The compulsory courses include the three program-specific advanced courses: Quantitative Methods for Economic Analysis I, Intermediate Microeconomics II and Advanced Economic Analysis 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. Students in the Advanced degree can also obtain majors in Financial Economics, Politics and International Relations, Public Policy or International Economic Development. 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, students must maintain a high grade point average (GPA) throughout their candidature. 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

Students in the Advanced degree can obtain a major in Financial Economics, Politics and International Relations, Public Policy, or International Economic Development. It is also possible to study the Bachelor of Economics (Advanced) concurrently with other degrees.

If students do not want to formally major in any of the areas above, however, a minor in Financial Services is available. Students also have the flexibility to specialise in another area of economics (e.g. environmental economics). And they can enhance that specialisation by taking courses with the same focus, but from other disciplines (e.g. environmental studies).

Example Study Plan

Indicative study plan
for students commencing in 2020
Year level 1
Core Courses ECON 1012 Principles of Economics I
ECON 1011 Quantitative Methods for Economic Analysis I
ECON 1010 Mathematical Economics I
ECON 1002 Australia in the Global Economy I or ECON 1005 Introduction to Mathematical Economics I or ECON 1009 International Financial Institutions and Markets I or ECON 1013 Using Big Data for Economic and Social Problems 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 I
ECON 1009 International Financial Institutions and Markets I
ECON 1013 Using Big Data for Economic and Social Problems
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 2516 Intermediate Microeconomics II
ECON 2517 Intermediate Econometrics II
Electives Four 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 Behavioural Economics II
Courses from other disciplines offered within the University
Year level 3
Core Courses ECON 3502 Econometrics III
ECON 3523 Advanced Economic Analysis III
Two Level III electives chosen from:
ECON 3500 Resource and Environmental Economics III
ECON 3501 Development Economics III
ECON 3503 Game Theory III
ECON 3504 Labour Economics 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 3528 Human Resources Economics III
Electives Four Level III electives not already taken and chosen from:
ECON 3500 Resource and Environmental Economics III
ECON 3501 Development Economics III
ECON 3503 Game Theory III
ECON 3504 Labour Economics 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 3528 Human Resources Economics III
ECON 3529 Rethinking Capitalism III
Courses 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 OS
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 Study Plans page of the Professions Support Hub.

*Students who have not successfully completed Year 12 Mathematical Methods must complete the ECON 1005 Introduction to Mathematical Economics first, followed by the ECON 1010. Students may count the ECON 1005 as one of their Level I electives. ECON 1005 assumes no previous study of mathematics and covers topics relevant to economics undergraduates.

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

Testimonial

Studying has presented a range of unique opportunities to take part in; such as attending talks by guest lecturers and workshops to prepare me for life after university.

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Last updated: Tuesday, 14 Sep 2021