Responsible faculty or institute:
Business (principal) Campus(es) Offered:
The first year of the degree is offered in Launceston. Cradle Coast:
First year units are offered at the Cradle Coast Campus. Course Duration: Minimum
3 yrs, Maximum
Course Contact (faculty or school):
Faculty Office: Admissions, credit/advanced standing and enrolment queries 1800 030 955.
This on-campus, 3-year full-time or 7-year part-time course is offered at Hobart. While the first year of the degree is also offered at Launceston and a limited number offirst year units are also available at the Cradle Coast Campus, students must transfer to the Hobart campus to complete the degree.
The degree in economics allows students to develop a detailed understanding of the economic issues and factors, both national and international, that determine how macro and micro economic systems are organised and how decisions are made by individuals, firms, and governments.
Admission & Prerequisites
In addition to meeting the University's basic admission requirements, applicants must have passed MTA315109 Mathematics Applied, or an equivalent unit, or, a higher level Mathematics subject as accepted by the School of Economics and Finance and/or by the Faculty of Business.
Students returning to study either after a long absence and/or new students, who have the mathematics prerequisite but who lack confidence in their quantitative skills should enrol in one of the following units KMA003 Mathematics Foundation Unit, UPP090 Bridging Maths or BEA109 Introduction Quantitative Methods before enrolling in BEA140 Quantitative Methods. International students who have the mathematics prerequisite but who lack confidence in their quantitative skillsand who would like to undertake a mathematics bridging programme may only take BEA109. For further information on these programs please contact the UPP Coordinator ((03) 6226 7281) or the KMA Coordinator ((03) 6226 2439).
Applicants who do not have the mathematics prerequisite but who wish to enrol for a Bachelor of Economics should consult the Faculty Office 1800 030 955 concerning a pathway into this degree.
Students who have completed a diploma or an advanced diploma in a business related discipline from an Australian institute of TAFE, and have been admitted to the course may receive credit towards the degree.
Faculty also offers direct credit for its awards. For example, a BBus student wishing to transfer to the BEc with credit and vice versa receives direct credit. Applicants wishing to obtain credit for study already undertaken within another faculty, or an Australian or overseas tertiary institution should consult the Admission Guide for information on procedure.
Depending on the course of study and the majors chosen, students may not be able to use all of the credit that has been granted, for example, credit for unspecified electives. The status of individual units is usually determined at the time of offer. Students who wish to be considered for credit/advanced standing should complete and sign an application and submit it to the Faculty Office.
The application form and information on the Faculty's credit policy are found at the link below:
In the case of international students, credit for previous study will be determined on application.
English language skills will also need to be verified. International students must provide an IELTS score with an overall Band of 6 and no band less than 5.5; or a TOEFL score of 550 with a Test of Written English score of no less than 4.5. The test must not be more than 24 months old. Further information can be found under international admissions. http://www.international.utas.edu.au/static/admissionRequirements.php
The general aims and objectives of the Bachelor of Economics are to produce well educated and adaptable graduates with appropriate knowledge and professional skills to meet the existing needs and demands of employment in industry, commerce, banking, public administration or the more specialised fields of professional or research economics.
The Bachelor of Economics degree opens up many career opportunities. Past graduates have established careers in a wide range of activities: some examples include: central banking, commercial consulting, commercial banking, local government, administration, management, market research, merchant banking, political advising, stockbroking and teaching. See
There are no professional bodies in the economics discipline. While undertaking the Bachelor of Economics degree, students can apply to become special members of the Economics Society of Australia.
Students completing a Bachelor of Economics with a Finance major meet the academic entry requirements to seek membership of the Australian Institute of Banking and Finance.
Combined degree with Law
Students enrolled for the BEc may, starting in Year 2, combine studies with the Bachelor of Laws (LLB) degree, in a course taking five years of full time or the equivalent part-time study. Quotas apply.
The BEc-LLB provides a strong basis for a subsequent career in business, public administration or regulatory authorities such as the ACCC, where there is a need for an understanding of the relationships between economic decisions and legal constraints and requirements.
LAW122 are compulsory in first year for those intending to transfer to the combined degree.While first year law units are also offered in Launceston, students must transfer to Hobart to complete the combined degree.
Combined degrees with Arts, Business, Computing, Science
There are also four year full-time or the equivalent part-time combined degree programmes available in Economics with Arts, Business, Computing and Science.
Honours degree in Economics
The Bachelor of Economics Honours degree requires one year of full-time study in addition to the requirements for the BEc or BBus pass degree. Students should note the specific unit requirements for the honours program in Finance. Please contact the School of Economics and Finance for further details.