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Australian School of Business > Schools > Economics > About economics

About economics

 

 

Economics

Economics is a diverse and fascinating discipline which analyses decision making by individuals, organisations, governments and global organisations.

 

Economics deals with important issues, such as economic growth and development, industrial organisation and strategic behaviour, public policy design and implementation, and the means to improve overall efficiency and living standards. 

 

Economics provides the foundation for all business disciplines through the study of the interplay between economic environment - in which business decisions are made - and strategic interactions among economic agents.

 

You don't need to have studied economics at school to undertake the Bachelor of Economics or to take an economics major in the Bachelor of Commerce.

 

The following majors are offered by the School of Economics at UNSW:

 

  • Business Economics
  • Business Strategy and Economic Management
  • Economics
  • Econometrics
  • Financial Economics

 

Degree options

The Economics majors at the Australian School of Business are offered in the following programs:

 

  • Bachelor of Commerce 
  • Bachelor of Commerce (International) 
  • Bachelor of Commerce (Liberal Studies) 
  • Bachelor of Economics 
  • Bachelor of Commerce/Bachelor or Economics 
  • Plus combined with Law, Arts, Science and Engineering

 

Econometrics

Econometrics is concerned with the task of developing and applying quantitative or statistical methods to the study and explanation of economic principles. 

 

Econometrics combines economic theory with statistics to analyse and test economic relationships. Theoretical econometrics considers questions about the statistical properties of estimators and tests, while applied econometrics is concerned with the application of econometric methods to assess economics theories. 

 

Degree options

The Economics majors are offered in the following programs: 

  • Bachelor of Commerce 
  • Bachelor of Commerce (International) 
  • Bachelor of Commerce (Liberal Studies) 
  • Bachelor of Economics 
  • Bachelor of Commerce/Bachelor of Economics 
  • Plus combined with Law, Arts, Science and Engineering
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