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Economics // Structure
Economics
Contact information
Coordinator
Professor Paul Jensen
Department of Economics
Currently enrolled students:
Future students:
Structure
112.5 credit points
The Department of Economics in the Faculty of Business and Economics offer a 112.5-point major and 75-point minor in the BA. Students intending to major in Economics should note that a study score of at least 25 in either Mathematical Methods 3/4 or Specialist Mathematics is a prerequisite for this program. Introductory Microeconomics must be completed before entering Introductory Macroeconomics and Intermediate Microeconomics at level 2. Introductory Macroeconomics must be completed before Intermediate Macroeconomics at level 2
Students who undertake a major in Economics will complete 112.5 points with 37.5 points taken as Arts discipline subjects, 75 points taken as breadth. Students intending to complete a major in Economics should refer to the sample course plans on the Bachelor of Arts web pages. Students intending to complete a minor complete 75 points of core Economics subjects taken as breadth.
Subject Options
Economics: Level 1 Subjects
Students completing an Economics major in the BA must complete 37.50 points at level 1 from the list of subjects below. Students completing a minor must complete Introductory Microeconomics and Introductory Macroeconomics.
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ECON10004 | Introductory Microeconomics |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| ECON10003 | Introductory Macroeconomics |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| ECON10005 | Quantitative Methods 1 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Economics: Level 2 Core Subjects
Students completing an Economics major in the BA must complete 25 points of core and 12.50 points of electives at level 2. Students completing a major or a minor must complete:
ECON20002 Intermediate Microeconomics or equivalent on exchange; and
ECON20001 Intermediate Macroeconomics or equivalent on exchange.
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ECON20002 | Intermediate Microeconomics |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
| ECON20001 | Intermediate Macroeconomics | Semester 2 (On Campus - Parkville) |
12.5 |
Economics: Level 2 Elective Subjects
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ECOM20001 | Econometrics 1 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| ECON20003 | Quantitative Methods 2 |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Economics: Level 3 Subjects
Students completing an Economics major in the BA must complete three level‐3 subjects (37.50 points) one of which must have a prefix ECON and one must have a prefix ECOM.
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ECON30010 | Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
| ECOM30001 | Basic Econometrics | Semester 1 (On Campus - Parkville) |
12.5 |
| ECON30008 | History of Economic Thought | Not available in 2019 | 12.5 |
| ECON30018 | Economics of the Law | Semester 1 (On Campus - Parkville) |
12.5 |
| ECON30020 | Mathematical Economics | Semester 1 (On Campus - Parkville) |
12.5 |
| ECON30024 | Economics of Financial Markets | Semester 1 (On Campus - Parkville) |
12.5 |
| ECOM30002 | Econometrics 2 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| ECON30007 | Economics of Food Markets | Semester 2 (On Campus - Parkville) |
12.5 |
| ECON30009 | Macroeconomics | Semester 2 (On Campus - Parkville) |
12.5 |
| ECON30003 | Industrial Economics | Semester 2 (On Campus - Parkville) |
12.5 |
| ECON30005 | Money and Banking | Semester 1 (On Campus - Parkville) |
12.5 |
| ECON30011 | Environmental Economics | Semester 2 (On Campus - Parkville) |
12.5 |
| ECON30019 | Behavioural Economics | Semester 2 (On Campus - Parkville) |
12.5 |
| ECON30022 | Experimental Economics | Semester 2 (On Campus - Parkville) |
12.5 |
| ECOM30004 | Time Series Analysis and Forecasting | Semester 2 (On Campus - Parkville) |
12.5 |
| ECON30006 | Labour Economics | Not available in 2019 | 12.5 |
| ECON30012 | Ecological Economics | No longer available | |
| ECON30014 | Business Applications of Economics | No longer available | |
| ECON30017 | Organisations, Economics and Incentives | Not available in 2019 | 12.5 |
| ECON30016 | The Economics of Taxation | Not available in 2019 | 12.5 |
| ECON30021 | Regional Economics | No longer available | |
| ECON30025 | Computational Economics and Business | Semester 1 (On Campus - Parkville) |
12.5 |
| ECON30026 | Auctions and Bidding | No longer available | |
| ECON30027 | Economics of Innovation | No longer available | |
| ECOM30003 | Applied Microeconometric Modelling | Semester 2 (On Campus - Parkville) |
12.5 |
| ECON30001 | International Trade Policy | Semester 1 (On Campus - Parkville) |
12.5 |
| ECON30002 | Economic Development | Semester 2 (On Campus - Parkville) |
12.5 |
| ECON30013 | Economic Analysis and Policy | Semester 1 (On Campus - Parkville) |
12.5 |
| ECON30023 | Health Economics | Not available in 2019 | 12.5 |
Notes
Please note: ECOM30001 Basic Econometrics can meet entry requirements in place of ECOM30002 Econometrics in the 2017 and 2018 Honours intakes, but from the 2019 intake and onwards, ECOM30001 Basic Econometrics will no longer meet entry requirements for Honours (Economics).
Students are strongly advised to give early consideration to a topic for their fourth year research essay. They will need to obtain approval for it from an advisor during semester one of their fourth year.
Last updated: 2 February 2021