Studying Economics, you will understand the way the world works - the stockmarket, national economies, and the world economy.

Introduction

The rise and fall of economies, future employment prospects, incomes and living standards are all at the heart of economics.

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Course description, features and facilities

A major in Economics will prepare you for work in financial institutions, government, international agencies and the private sector as a forecaster, analyst or consultant.

The major includes core subjects in both microeconomics and macroeconomics. Microeconomics provides the framework for analysing issues in taxation, trade and the competitive structure of markets, while macroeconomics focuses on the forces that influence long-term economic growth, inflation, unemployment and the balance of payments.

You will also develop the capacity to understand the fundamental workings of the economy and markets, and implications of economic policy. The Economics major can also be combined with a major in Finance if you are interested in pursuing a career as a financial economist.

This major is taught through a combination of lectures, tutorials, workshops, and other in class activities.

A key distinguishing feature of UWA Economics is the background, training and prominence of the staff. They come from many different countries, were trained in some of the best universities in the world and are known internationally for the quality of their work. At UWA, we emphasise the foundations needed to understand the way the economy works, be it Australia, China, the US, or the world as a whole.

Economics is at the forefront of controversial public policy issues such as economic growth and the stability of the entire economy, regulating financial institutions, monetary and fiscal policies, dealing with the so-called "multispeed" Australian economy, resource taxation, financing education, immigration, health insurance markets and retirement income planning. UWA Economics appeals to students looking for a fresh, broad and up-to-date education that opens these many opportunities.

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Student profile – Kate Sexton

Studying Economics has really helped me to gain insight into the many challenges and opportunities that the global economy will face in the future, inspiring me to take action to make sure the future will be economically viable.,/p>

Being part of the Business School has given me the opportunity to take my classroom knowledge into the real world, something I have done through a social enterprise group called Enactus.

Without the knowledge from my major, or the support of UWA’s local, national and international business community, I would not have had the educational opportunities, or the unique and enjoyable university experience I have had.

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Structure

UWA's streamlined course structure allows you to pursue studies in a wide range of areas and to take one or two majors in your degree. Your second major can be from a similar field to your first (degree-specific) major, or from a different area or degree entirely.

As well as the units specified in your major, you will study broadening units outside your main area of study and may be able to take a number of elective subjects as well.

You can explore the structure of this major in detail in the University Handbooks.

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Career opportunities

Economics graduates find employment with companies, management consultants, all areas of government, including the Reserve Bank and Treasury, banks and stockbrokers, and institutions such as the International Monetary Fund.

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Further study opportunities

Students can pursue further studies at honours level or undertake a specialist master’s degree such as the Master of Economics.

They can also choose to complete a generalist master’s degree such as the Master of Commerce or Master of Business Administration.

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Check the Entrance requirements

This course is available to Australian and international students.

On this page

  1. Prerequisites and minimum scores
  2. Additional information
  3. English competency
  4. Advanced standing

Prerequisites and minimum scores

Qualification and prerequisite subjectsCourse entry score
Western Australian Certificate of Education (WACE) 2014-15
  • A scaled score of 50 or above in WACE Mathematics: Specialist 3A/3B
80
Western Australian Certificate of Education (WACE) 2016 onwards
  • A scaled score of 50 or above in Mathematics Methods ATAR
80
International Baccalaureate
  • A score of 4 or above in SL or HL Mathematics (at least Mathematical Methods)
29

Additional information

If you do not have a scaled score of 50 or higher in Mathematics: Methods ATAR, you will need to successfully complete additional mathematics study as part of your degree.

Please note: to complete this major within the Bachelor of Philosophy (Honours) will require a minimum ATAR of 98 (or equivalent).

English competency

University study demands strong English language competency. To be eligible for admission to an undergraduate program at UWA, you must demonstrate satisfactory performance in a UWA-approved test of English. This is the case even if English is your first language.

The minimum requirement is a scaled score of 50 or more in WACE English, Literature or English as an Additional Language/Dialect achieved at Stage 2 or Stage 3 – or an equivalent level of achievement in an interstate or international qualification.

Advanced standing

If you have undertaken prior tertiary study within the last five years, you may be eligible for advanced standing (credit and/or exemption).

Applications for advanced standing are assessed upon acceptance of any offer of admission made by the University.

How to apply

This course is available to Australian and international students.

On this page

  1. How to apply
  2. Semester one entry
  3. Semester two entry
  4. Fees
  5. Information for…
  6. Contact us

How to apply

We have two intakes of undergraduate students each year: Semester One (commencing in late February) and Semester Two (commencing in late July/early August).

Semester one entry

Australian citizens or permanent residents, including humanitarian visa holders, and New Zealand citizens apply online via the Tertiary Institutions Service Centre (TISC).

Applications open mid-August, with the on-time deadline in late September the year prior. Submissions are available after this date, but a late fee applies

Refer to the TISC website or contact Future Students for further details.

Semester two entry

Apply through the University's Online Application System (OASys) for mid-year entry to a range of courses at UWA.

Applications generally open early May and close in late June.

Contact Future Students for advice.

Fees

As some units vary in cost, the actual student fee will depend on the mix of units you choose. The domestic student fees page has further details.

Information for

Contact us

Future Students

Telephone
(+61 8) 6488 3939
Enquire on-line
askUWA
Frequently Asked Questions
Address
First Floor, Ken and Julie Michael Building
7 Fairway (corner Cooper Street)
Crawley, Perth
Western Australia 6009
Location
UWA Map
Normal opening hours
Monday – Friday, 8.30am–5pm (Western Standard Time)

Note: If you have already submitted an application, contact Admissions.

About UWA
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Foundation and preparatory courses
There are a range of programs available to help give you the opportunity to gain the academic qualifications or prerequisites required for admission to UWA.
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Economics: the details

Status
Available 2017
Locations offered
Crawley, Albany (selected Level 1 units)
Attendance types
Part-time, Full-time
Delivery mode
Internal
Starting dates
Semester 1, Semester 2
Weekly first year time commitment
12-15 contact hours, plus at least twice as much of your own study time
Standard full-time completion
3 years (BCom), 4 years (BPhil(Hons))
Maximum time to complete
10 years
Degrees (available in)
This major is available in:Bachelor of Commerce, Bachelor of Philosophy (Honours)All majors (except Economics and Biomedical Science double majors, Architecture, Specialist Music Studies and Science Communication) can also be taken as second majors in any of our undergraduate degrees
Honours available
Yes
Contact details: course information
UWA Business School Student Centre
M254, 35 Stirling Hwy Crawley WA 6009
Ask UWA
(+61 8) 64882780
Additional information