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Bachelor of Economics

Overview

Become one of the highest paid graduates in Australia by learning how to question, analyse, model and predict human behaviour.

UQ is one of a select few universities in Australia to offer the Bachelor of Economics.

Our School of Economics is Queensland’s most experienced and largest, with more than 70 teaching and research staff.

This degree will help you answer questions such as:

  • How can economies protect themselves against climate change?
  • What are the benefits of free trade, and do economic sanctions work?
  • How can the government encourage innovation?

Initially, you'll develop core economic skills through a set of compulsory courses. Then you will study either econometrics or how economics shapes areas such as public policy, business and industry, trade and the environment.

When you graduate, you'll be in high demand. You could work as an analyst, adviser, consultant, economist or researcher in a huge range of industries.

Our past graduates have worked in areas including consulting, infrastructure, environmental management, international finance, investment and trade, natural resources, health, treasury and statistics.

Location
St Lucia
Duration
3 Years (or part time equivalent)
Start Semester
Semester 1 (22 Feb, 2021), Semester 2 (26 Jul, 2021)
QTAC Code
714001
Program Code
2029
AQF
Level 7
Location
St Lucia
Fees
A$43968 (indicative per year)
Duration
3 Years
Start Semester
Semester 1 (22 Feb, 2021), Semester 2 (26 Jul, 2021)
QTAC Code
714001
Program Code
2029
CRICOS Code
001948F
AQF
Level 7

Program highlights

Program highlights

  • Study at the only institution in Queensland to offer the Bachelor of Economics.
  • Benefit from a research-intensive focus that ensures content is engaging and relevant today and into the future.
  • Develop a range of statistical and analytical tools you can use to solve policy and decision-making challenges.
  • UQ economics graduates: 76.9% were employed full time four months after completing their course. Good Universities Guide 2018

2 in Australia for business and economics

Times Higher Education World University Rankings 2020

1 in Queensland for economics and econometrics

QS World University Rankings 2020

Majors

How you'll learn

Your learning experiences are designed to best suit the learning outcomes of the courses you choose.

  • Lectures
  • Tutorials
  • Online study
  • Research experience
  • Workshops

What you'll study

Dual programs

Career possibilities

Our programs prepare you for your first job and beyond. Depending on which major you choose, here are some of the careers you could be on your way to:

  • Economic consultant
  • Investment analyst
  • Business development manager
  • Regulatory affairs officer
  • Economic analyst
  • Industry engagement manager
  • Business analyst
  • International trade manager
  • Policy analyst
  • Energy and resource economist

Professional memberships

When you graduate, you may be eligible for memberships with the following professional organisations. Contact the organisation to find out how to become a member.

  • Australian Computer Society
  • Australian Human Resources Institute
  • Australasian Institute of Banking and Finance
  • Australian Institute of Management
  • Australian Marketing Institute
  • Economic Society of Australia
  • Financial Services Institute of Australasia
  • Market Research Society of Australia
  • Securities Institute of Australia

Entry requirements

Prerequisites

Queensland Year 12 (or equivalent) English, Mathematics B.

Entry score threshold

OPRankIB
78732

These are the lowest adjusted scores we made an offer to in Semester 1, 2020. Entry scores are based on the most recent Semester 1 intake and are updated in April each year. Meeting the threshold doesn't guarantee admission.

English language requirements

IELTS overall 6.5; reading 6; writing 6; speaking 6; listening 6. For other English Language Proficiency Tests and Scores approved for UQ

TOEFL IBT - Overall 87, listening 19, reading 19, writing 21 and speaking 19.

TOEFL PB - Overall 570, listening 54, reading 54, writing 59/5.

Pearsons - Overall Score of 64 and 60 in all sub bands.

BE - A minimum overall grade of 4 plus a minimum grade of C in all macro skills.

CES - Overall 176 and 169 in all sub bands.

OET is not accepted.

Learn more about English language requirements

Need help meeting the entry requirements?

We can help you meet the minimum entry score, subject prerequisites or English language requirements for your preferred program.

If you haven't studied the prerequisites or need to improve your entry score, we can help.

Learn about pathway options

Additional application information

Domestic students commencing this program with prior tertiary education may be eligible for advanced standing/credit transfer. Applications for credit need to be submitted as soon as possible after receiving an offer in the program.

Domestic students may be eligible to study courses overseas as part of an approved exchange program. For further course study options and application details, visit the BEL Overseas Study website.

Additional application information

International students commencing this program with prior tertiary education may be eligible for advanced standing/credit transfer. To view some of these opportunities, click here.

Entry score range

This table shows the range of entry scores for recent secondary students offered a place in the B Economics for Semester 1, 2020

Without adjustmentsWith adjustments
Highest2 / 972 / 98
Median6 / 906 / 91
Lowest8 / 867 / 87

Who you'll study with

Here's a snapshot of our student intake for this program in Semester 1, 2020:

Applicant backgroundNumber of studentsPercentage of all students

(A) Higher education study

1424.14%

(B) Vocational Education and Training (VET) study

00%

(C) Work and life experience

00%
(D) Recent secondary education
  • Admitted solely on the basis of OP
2441.38%
  • Admitted where OP and additional criteria were considered
00%
  • Admitted on the basis of other criteria only and OP was not a factor
00%

International students

2034.48%

Total

58100%

"<5" — The number of students is less than 5.
N/A — Students not accepted in this category.
N/P — Not published. The number is hidden to protect the privacy of students in other cells.

Student visas

International students who are accepted into full-time study in the Bachelor of Economics are eligible to apply for an Australian student visa (subclass 500).

There are a number of requirements you must satisfy before a visa is granted, including the genuine temporary entrant (GTE) requirement.

Learn more about student visas

Majors

Majors

Tailor your studies to suit your goals. This program offers these options:

Business and Industry

If you're ready for the challenges of a fast-paced career, the Business and Industry major is for you. It concentrates on economic decision-making in the business sector.

It covers areas like managerial economics, industrial and labour economics, regulatory environments, and benefit/cost analysis techniques. You'll develop critical thinking skills and knowledge relevant to businesses in all sectors and industries.

Graduates usually work for industry bodies, government departments, consultancies and private enterprise.

View

Economics and Public Policy

This is an economics-centred major for anyone interested in how governments can affect economies in a globalised world.

The major focuses on the analytical tools you'll need to design and evaluate public policies. Core courses examine public finance and regulatory economics, while electives include advanced microeconomics, macroeconomics, econometrics and a range of policy courses.

Graduates usually work in public policy, government bodies, not-for-profit organisations, private enterprise and politics.

View

International Trade and Finance

This major focuses on the economic aspects of financial systems in a globalised world.

You'll study banking and international trade theories, and gain an understanding of financial systems and the role they play in economies. You'll also get to choose from advanced-level electives in areas including macroeconomics, econometrics and financial management.

Graduates usually work in financial institutions, government agencies, consulting firms, and private enterprise.

View

Natural Resources and Environment

This major will show you how economics can be used to analyse problems to do with natural resources including fish and marine resources, forests, agricultural and recreational land, river systems, energy and minerals.

You'll develop the analytical abilities to understand the big challenges facing businesses, governments and communities across the world.

Graduates usually work in public policy, environmental agencies, private enterprise, and mining and energy companies.

View

Quantitative Methods

This major will help you make better decisions. You'll learn about the methods economists use to measure, analyse, predict and model a broad range of economic scenarios.

With its strong mathematical and modelling focus, this major will show you how to analyse problems clearly and based on evidence.

Advanced courses cover areas including statistics, econometric theory and productivity and efficiency analysis.

Graduates usually work in research consultancies, management organisations, private business, and government enterprise.

View

Majors

Tailor your studies to suit your goals. This program offers these options:

Business and Industry

If you're ready for the challenges of a fast-paced career, the Business and Industry major is for you. It concentrates on economic decision-making in the business sector.

It covers areas like managerial economics, industrial and labour economics, regulatory environments, and benefit/cost analysis techniques. You'll develop critical thinking skills and knowledge relevant to businesses in all sectors and industries.

Graduates usually work for industry bodies, government departments, consultancies and private enterprise.

View

Economics and Public Policy

This is an economics-centred major for anyone interested in how governments can affect economies in a globalised world.

The major focuses on the analytical tools you'll need to design and evaluate public policies. Core courses examine public finance and regulatory economics, while electives include advanced microeconomics, macroeconomics, econometrics and a range of policy courses.

Graduates usually work in public policy, government bodies, not-for-profit organisations, private enterprise and politics.

View

International Trade and Finance

This major focuses on the economic aspects of financial systems in a globalised world.

You'll study banking and international trade theories, and gain an understanding of financial systems and the role they play in economies. You'll also get to choose from advanced-level electives in areas including macroeconomics, econometrics and financial management.

Graduates usually work in financial institutions, government agencies, consulting firms, and private enterprise.

View

Natural Resources and Environment

This major will show you how economics can be used to analyse problems to do with natural resources including fish and marine resources, forests, agricultural and recreational land, river systems, energy and minerals.

You'll develop the analytical abilities to understand the big challenges facing businesses, governments and communities across the world.

Graduates usually work in public policy, environmental agencies, private enterprise, and mining and energy companies.

View

Quantitative Methods

This major will help you make better decisions. You'll learn about the methods economists use to measure, analyse, predict and model a broad range of economic scenarios.

With its strong mathematical and modelling focus, this major will show you how to analyse problems clearly and based on evidence.

Advanced courses cover areas including statistics, econometric theory and productivity and efficiency analysis.

Graduates usually work in research consultancies, management organisations, private business, and government enterprise.

View

Fees and Scholarships

Government assistance

Financial aid

As an international student, you might be eligible for financial aid – either from your home country, or from the Australian Government.

Learn more about financial aid

Indicative annual fee

AUD $43,968

Indicative annual fee 2021

This indicative annual fee is the cost of enrolling in the Bachelor of Economics for the 2021 academic year. It is calculated based on a standard full-time study load (16 units per academic year).

If you enrol in a larger or smaller study load, your fees will be calculated on a proportionate basis. All fees are reviewed annually.

Learn more about undergraduate fees

HECS-HELP

Domestic places in the Bachelor of Economics are Commonwealth Supported. This means the cost of your education is shared between you and the Australian Government.

Instead of tuition fees, Commonwealth Supported students pay what are called student contribution amounts.

HECS-HELP is an Australian Government loan scheme to assist eligible students with the cost of their student contribution amounts.

Learn more about HECS-HELP

Centrelink support

Indicative annual fee

AUD $11,078

Indicative annual fee 2020 Commonwealth supported place

Fee information for 2021 is not yet available. Fee information displayed is for 2020.

This indicative annual fee is the approximate cost of enrolling in a Commonwealth supported place (CSP) in the Bachelor of Economics for the 2021 academic year. It is calculated based on a standard full-time study load (16 units over two semesters).

Actual fees will vary according to your choice of courses and their unit value. The Australian Government indexes fees each year.

Learn more about undergraduate fees

Scholarships

Scholarships

How to apply

Applying online

How you apply depends on what type of applicant you are.

Your senior schooling is from Australia or New Zealand

Submit your application to the Queensland Tertiary Admissions Centre if you are an international student who is currently:

  • completing Australian Year 12 (either in Australia or offshore) or
  • studying the International Baccalaureate in Australia.

The QTAC code for the Bachelor of Economics is 714001.

Find out more about applying for undergraduate study

Apply now to QTAC

All other international applicants

Submit your application to UQ. If you prefer, you can use an approved UQ agent in your country.

The program code for the Bachelor of Economics is 2029.

Find out more about applying for undergraduate study

Apply now to UQ

Important dates

If you’re studying Year 12 in Australiago to the QTAC website to check the closing date for this program. 

If you’re applying to UQ, the closing date for this program is: 

  • To commence study in semester 2 - May 31 of the year of commencement.
  • To commence study in semester 1 - November 30 of the previous year.

To learn more about UQ dates, including semester start dates, view the Academic Calendar

Important dates

Admissions schemes

Applying to university can be both exciting and daunting, which is why we’ve tried to make the process as simple as we can.

We have several schemes in place to improve your chances of getting a place at UQ.

Learn more about admission schemes

Pathway options

A rank or score doesn’t determine your potential.

If you're not offered a place in your first-choice program – or if you don't meet the entry requirements – you still have a number of options.

Learn more about pathway options

Aboriginal and Torres Strait Islander applicants

For support with applying - or if you have any questions about Uni - get in touch with our Aboriginal and Torres Strait Islander Studies Unit.

Contact the ATSIS Unit

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