Bachelor of Economics
Economic issues are inherent in our everyday lives. Economics affects us as consumers, employees, producers, investors, manufacturers, carers and much more. As members of a society, we all need to be able to make informed decisions about the optimal allocation of our limited resources.
This degree will provide you with a sound understanding of today’s complex economic environment and the skills to design economic systems that promote welfare, fairness and sustainability. You’ll learn about how modern economies operate, trade and grow; the role of prices and markets in allocating scarce resources; and the sorts of policy interventions that can be introduced when economic outcomes are less than optimal.
KEY FEATURES
- You'll become proficient in microeconomic and macroeconomic policy with some exposure to financial economics and econometrics, giving you the strong theoretical background required for a successful career in either the public or private sector.
- You can tailor this degree to your needs and interests by studying traditional areas such as econometrics, finance, trade and development, or units from other areas such as languages, philosophy, politics or sociology.
- An emphasis on applied economic skills provided by the study of econometrics will allow you to meet the expectations of major employers, such as commercial and investment banks, economic consultancies, state and federal departments, and the Reserve Bank of Australia.
Campus Information
North Ryde
Sydney New South Wales 2109 Australia
Intakes
- Feb
- July
Application Processing Time in Days: 7
Application Process
Minimum English Language Requirements
| English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
|---|---|---|---|---|---|
| Expert | 9 | 120 | 297-300 | 86-90 | |
| Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
| Very Good | 8 | 110-114 | 270-280 | 79-83 | |
| Good | 7.5 | 102-109 | 253-267 | 73-79 | |
| Good | 7 | 94-101 | 240-253 | 65-73 | |
| Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
| Competent | 6 | 60-78 | 170-210 | 50-58 | |
| Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
| Modest | 5 | 35-45 | 107-133 | 36-43 | |
| Limited | 4 | 32-34 | 97-103 | 30-36 | |
| Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
Studying hard and getting great marks doesn’t guarantee you a job. Most employers expect applicants to be skilled and experienced in the workplace. Working while you study is an excellent way to build your employability skills and gain life experience.
Why does it?
Employers appreciate any full-time, casual, or part-time experience like working in hospitality or retail, on a reception desk, or even in construction. They value this kind of experience because it shows that you can be responsible and professional. Working while you study builds professional skills that are essential for professional roles:
- Time management
- Teamwork
- Customer service
- Attention to detail
- Working independently
- Showing initiative
- Communication (verbal and written)
Working on and off-campus
CareerHub is Macquarie’s jobs portal, connecting you with external organizations that offer part-time, casual, full-time employment opportunities as well as internships, cadetships, and volunteer experience.
Finding an on-campus job is often ideal as it centralizes both study and work, but opportunities on-campus are limited. Opportunities can be found here:
- Campus Life manages the university's Sport and Aquatic Centre, Food and Shopping, Children's Services, Event Planning, and more.
- For other administrative, professional, and academic-related opportunities within departments and faculties, visit the university's employment page.
Here is a list of some of our favorite job search websites for opportunities across multiple industries.
PSW Opportunity
Post Study Work Steam Renames to Post Higher Education Work Steam.
- Bachelor degree holders including honours can get upto 2 years of post study stay
- Master by course work and extended (with a duration exceeding 2 years) can stay upto 2 years
- Masters by research (with a duration exceeding 2 years) and PhD holder can stay upto 3 years
- The Maximum eligible age to apply for PSW will be reduced to 35 years of age from 50 years of age for all applicants
Due to the Australian Indian Economic Cooperation and Trade Agreement signed by the 2 countries, according to which:
- Indian students completing bachelor degree including honours can stay upto 2 years
- Bachelor degree with First class honours in STEM including ICT can stay upto 3 years
- Masters by coursework in extended researched (with a duration exceeding 2 years) can stay upto 3 years
- PhD students can stay upto 4 years
Admission Requirement / Eligibility Criteria
- Course Code: 001362K
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 03 Year
-
Total Tuition Fee:
129600 AUD
Average Cost of Living: 29710 AUD /year
Application Fee: N/A
Similar Programs
- Bachelor of Applied Finance and Bachelor of Business Analytics at Macquarie University (MQU)
- Bachelor of Commerce - Major in Business Information Systems at Macquarie University (MQU)
- Bachelor of Commerce - Major in Accounting at Macquarie University (MQU)
- Bachelor of Business and Bachelor of Psychology at Macquarie University (MQU)
- Bachelor of Business at Macquarie University (MQU)
- Bachelor of Business Administration and Bachelor of Laws at Macquarie University (MQU)