ECONOMIC MAJORS ECONOMIC MAJORS

Bachelor of Economics

The Bachelor of Economics contains core business and economics coursework, as well as the flexibility to undertake a variety of economics courses that suit your interests You may optionally undertake one of the following majors to streamline your studies into a specific field of your interest

If you ’ re not sure which one to pick - don’t fret! As outlined above, choosing a major is not compulsory in the Bachelor of Economics. In addition, taking the first year classes (and second year core) will help you inform your decision, and the degree itself affords the flexibility for you to experiment with different elective courses before deciding to undertake a major.

Not interested in any of the following, or don’t want to lock yourself into a specific course of study? You can simply enrol in business and economics electives to gain a wide breadth of experience in different topics. The possibilities are endless! Be sure to consult the handbook or the Nucleus when enrolling in such electives to ensure that you are fulfilling the degree’s requirements

Data Analytics and Econometrics

Majoring in Data Analytics and Econometrics offers you the opportunity to study the methods used by economists for organising, modelling, and analysing large and complex data relevant to decisions made within businesses, governments and other organisations.

You will study courses such as:

ECON2206 Introductory Econometrics

ECON3208 Applied Econometric Methods

The courses in this major provide you with the technical knowledge and skills to improve business decisions and inform policy-making You can also take electives that delve into emerging fields such as big data and artificial intelligence, and how they can be used in economic modelling

Possible careers paths include: Data analyst, Data scientist, Economic modelling

Economic Policy and Society

The Economic Policy and Society major is themed around economic theory and policy analysis, and allows students to craft a sequence of study to their own liking. It offers the flexibility to choose from both applied and theoretical aspects of economics.

You may study courses such as:

ECON2103 Business and Government

ECON2112 Game Theory and Business Strategy

ECON3101 Markets and Frictions

Possible careers are: Policy Advisor, Consulting, Economics Advisory

Macroeconomics and Financial Markets

The Macroeconomics and Financial Markets major offers insight into how the economy behaves on a larger scale. The macroeconomics side delves into the function of an economy at the aggregate level, and how different factors affect its performance, while the financial markets side explores the theory behind financial interactions in an open-market economy.

You may study courses such as:

ECON2209 Business Forecasting

ECON3107 Economics of Finance

The courses in this major provide a solid footing in both applied economics and econometric methods, allowing for a greater understanding of economic principles and how they can be applied in the financial sector. You will also accumulate the technical skills to use economic theory to analyse real world data.

Possible careers are: financial analyst, government advisor, stock broker

Behavioural Economics

Whilst the Behavioural Economics major is from the BCom degree, you can do it as your optional Economics major Behavioural economics is the subfield of economics that applies insights about human decision-making as it departs from classical economic models to individual choices and business and policy scenarios.

You will study courses such as:

ECON2125 Principles of Experimental and Behavioural Economics

ECON3124 Behavioural Economics

The courses in the major provide a foundation in behavioural and experimental economics, whilst also allowing for the flexibility to take various electives to suit your areas of interest. In doing so, you will develop the skills to understand, model, and predict choices in complex settings

Bachelor of Commerce

If you are studying a Bachelor of Commerce, you must choose a major. This doesn’t have to be done in your first year - you can decide much later after having a taste of various courses. To major in Economics in the BCom program, you can do either a Business Economics major or the Behavioural Economics major outlined above.

Business Economics

This major affords you the flexibility of choosing any economics courses that interest you, subject to certain rules You can study a certain field of economics in depth by undertaking a series of courses that follow a certain theme (look at the economics majors for inspiration!) or pick a broad variety that suit your interests.

If you are looking for more guidance, feel free to check out EcoSoc's existing course guides at: https://www.unswecosoc.com/academic-resources/academic-resourcescourse-guides-292/