Applied Economics

Economics is anywhere: from the lifestyles of an individual, in the news, in government policy and in the decision-making of big and compact organisations. This six-month app covers core economic principles that will help you navigate the intricacies of a globalised planet. It's suitable for people seeking foundational knowledge and skills in the region. No prior economics comprehension is required for entrance.

The Bachelor of Applied Economics at The University of Adelaide provides students with a comprehensive understanding of economic principles and their application to real-world issues. This program is designed to equip students with the analytical skills necessary to interpret economic data, assess policy impacts, and develop strategic solutions for various economic challenges faced by businesses, government agencies, and communities. Throughout the course, students will explore core areas such as microeconomics, macroeconomics, econometrics, and applied economic analysis, gaining a solid foundation in both theoretical concepts and practical techniques.

The curriculum emphasizes the importance of empirical research and data analysis, ensuring graduates are proficient in using statistical software and economic modeling tools. Students will investigate topics including market behavior, public policy, environmental sustainability, international trade, and economic development. The program also offers specialized electives allowing students to focus on areas like financial economics, resource management, and agricultural economics, aligning their studies with their career interests.

Practical experience is a key component of the Bachelor of Applied Economics, with opportunities for internships, industry projects, and research collaborations designed to strengthen employability and professional readiness. The program prepares graduates for careers in economic analysis, consulting, policy advisory roles, and positions within government agencies, financial institutions, and international organizations.

The university's strong links with industry and government ensure that the curriculum remains relevant and responsive to current economic challenges and trends. Additionally, students benefit from access to cutting-edge economic research, guest lectures from industry experts, and a vibrant academic community focused on innovative economic solutions. Upon completing the program, graduates will be well-equipped with the knowledge, practical skills, and ethical understanding necessary to make substantial contributions to the economic development and prosperity of society.

The Bachelor of Applied Economics at the University of Adelaide requires students to complete a comprehensive curriculum designed to provide a solid foundation in economic theory, quantitative methods, and applied economics. The program typically encompasses core subjects such as Principles of Economics, Microeconomics, Macroeconomics, and quantitative methods including Mathematics and Statistics for Economics. Students are also expected to undertake specialized units related to applied economic analysis, which may include courses in Development Economics, Environmental Economics, and Public Policy.

Throughout the degree, students develop critical analytical skills, data analysis capabilities, and a strong understanding of economic principles used to solve real-world problems. The program emphasizes practical application, encouraging students to engage in experiential learning through case studies, projects, and internships with industry partners or government agencies. To ensure a well-rounded education, students are often required to complete elective units in related disciplines such as Business, Finance, or International Economics.

The program has a structured progression, typically starting with foundational courses in the first year, followed by more advanced topics in subsequent years. Students may be required to undertake a capstone project or a research thesis in final year, demonstrating their ability to apply economic concepts critically and creatively. In addition, the program encourages the development of communication skills, both written and oral, to effectively present economic analysis and policy recommendations.

Assessment methods for the program include examinations, assignments, presentations, and project reports. The program may also have prerequisites for certain advanced units, such as fundamental mathematics or introductory economics courses. Entry requirements usually specify a relevant high school background, with proficiency in English mandated for international students.

Overall, the Bachelor of Applied Economics aims to equip graduates with the knowledge and skills to pursue careers in economic consultancy, government policy, international organizations, or further postgraduate studies. The curriculum is regularly reviewed and updated to reflect current economic challenges and industry practices, ensuring students are prepared for diverse employment opportunities or further academic pursuits in economics or related fields.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

The University of Adelaide offers various options for financing studies in the Applied Economics program. International students are encouraged to explore scholarships, grants, and financial aid opportunities provided directly by the university, which may cover tuition fees, living expenses, or both. Domestic students can access government-funded support schemes, such as Commonwealth Supported Places (CSP), which significantly reduce the cost of higher education for eligible students. Additionally, students can consider HECS-HELP loans, a government loan scheme that assists with paying student contributions over time, making higher education more accessible and affordable.

The university also collaborates with external scholarship providers, including private organizations, government agencies, and industry partners, offering merit-based awards, research scholarships, and bursaries specifically targeting students enrolled in economics-related programs. To facilitate funding, students are advised to submit applications early and meet specific eligibility criteria, which may include academic performance, financial need, or specific fields of interest within economics. The university provides dedicated financial advisory services to assist students in understanding available options and managing their study expenses effectively.

Furthermore, students often seek part-time employment opportunities on or near campus, which can help offset living costs and enhance practical experience. The university's Career Services can assist in identifying suitable employment opportunities, CV writing, and interview preparation. International students are also permitted to work limited hours during term time and more hours during breaks, as per visa regulations, providing additional financial support during their studies.

Students are encouraged to plan their finances carefully, considering tuition fees, accommodation costs, textbooks, and daily living expenses. The university's online cost calculator offers an estimate of expenses to help with budgeting. Overall, funding for the Applied Economics program is accessible through a combination of university-supported schemes, government assistance, scholarships, part-time work, and external funding sources. Prospective students should regularly check the university's official website and contact the admissions office for the most current information on available financial aid options, eligibility requirements, application procedures, and deadlines to ensure comprehensive financial planning for their studies.

The Bachelor of Applied Economics at the University of Adelaide offers students a comprehensive education in economic theory and its practical applications. This program is designed to equip students with the analytical skills necessary to understand and interpret economic data, assess economic policies, and develop innovative solutions to real-world economic challenges. Throughout the course, students explore core areas such as microeconomics, macroeconomics, econometrics, and international economics, providing a strong foundation in both theoretical principles and empirical methods. The curriculum is structured to foster critical thinking, quantitative skills, and policy analysis, preparing graduates for careers in government, private sector, nonprofit organizations, or further research.

Students have the opportunity to engage in practical experience through work placements, internships, and industry projects, allowing them to apply their knowledge in real-world contexts and build professional networks. The program also emphasizes the development of communication skills, teamwork, and ethical awareness, which are essential qualities in the field of applied economics. The University of Adelaide’s strong links with industry and government agencies provide students with valuable insights into current economic issues and policy debates.

Graduates of this program are well-equipped to analyze economic problems, develop data-driven strategies, and contribute to evidence-based decision-making. They may pursue diverse career paths such as economic analysis, policy advise, financial consulting, market research, or continue their education through postgraduate study. The program is delivered by experienced faculty members who are active researchers and practitioners in their fields, ensuring students receive a high-quality education aligned with industry standards and global trends. Overall, the Bachelor of Applied Economics from the University of Adelaide prepares students with the skills, knowledge, and practical experience necessary to thrive in a dynamic and evolving economic environment.