Commerce (Economics)

The Bachelor of Commerce (Economics) at the University of Wollongong offers students a comprehensive education in economic theory, quantitative methods, and their practical applications in the business world. Designed to equip graduates with a solid foundation in economic analysis and decision-making, this program prepares students for diverse careers in finance, government, consultancy, and international markets. Students will explore core topics such as microeconomics, macroeconomics, econometrics, and global economic issues, gaining critical thinking and analytical skills essential for understanding complex economic environments. The program emphasizes real-world application through case studies, projects, and internships, enabling students to develop problem-solving abilities and professional competencies. Emphasizing sustainability, ethical considerations, and innovative approaches, the course aims to produce graduates capable of contributing proactively to economic development and policy formulation. The curriculum is designed in consultation with industry experts to ensure relevance and alignment with current market trends. Students have opportunities for specialization in areas such as financial economics, economic policy, or international trade, allowing them to tailor their studies to their career interests. The University of Wollongong also provides excellent support services, state-of-the-art facilities, and access to a vibrant academic community to foster learning and research. Graduates of the Bachelor of Commerce (Economics) are well-prepared to pursue postgraduate studies or enter the workforce with strong analytical capabilities and a global perspective. The program's combination of theoretical knowledge and practical experience makes it a versatile choice for students aiming to make impactful contributions in the economic and business sectors worldwide.

The Bachelor of Commerce with a specialization in Economics at the University of Wollongong offers students a comprehensive education in the principles and applications of economic theory, policy, and analysis. This program is designed to equip students with a solid understanding of microeconomics and macroeconomics, enabling them to analyze how economic agents make decisions and how economies function on national and global scales. Throughout the course, students explore fundamental economic concepts, including market structures, economic growth, monetary and fiscal policy, and international trade dynamics.

The curriculum features a blend of core business subjects such as accounting, management, marketing, and finance, integrated with specialized economics courses. Students develop critical thinking and analytical skills necessary for assessing economic data, conducting research, and making informed decisions. The program emphasizes practical application through case studies, project work, and internships, preparing graduates for careers in government, financial institutions, consulting firms, international organizations, and private corporations.

In addition to theoretical knowledge, students gain valuable quantitative skills, including statistical analysis, econometrics, and data interpretation, which are essential for conducting economic research and policy evaluation. The coursework also fosters an understanding of ethical considerations and sustainability issues relevant to contemporary economic challenges. Learning is supported by experienced faculty members who are active researchers and industry practitioners, providing students with insights into current economic debates and practices.

Students also have opportunities to participate in seminars, workshops, and study tours, further enhancing their learning experience. The program culminates in a capstone project where students apply their knowledge to real-world economic problems, demonstrating their ability to synthesize information and propose viable solutions. Graduates of the Bachelor of Commerce (Economics) are well-prepared to pursue advanced studies or enter the workforce confidently, equipped with a rigorous understanding of economic principles and practical skills to succeed in a competitive global environment.

The Bachelor of Commerce (Economics) program at the University of Wollongong requires students to complete a total of 144 units to graduate. The program combines core units, majors, minors, and elective courses to provide a comprehensive understanding of economic principles and their applications in various business contexts. Students are expected to undertake foundational courses in microeconomics and macroeconomics in the first year of study, which establish a solid base for further specialization. In addition to introductory units, the program offers advanced courses in areas such as econometrics, international trade, public economics, and developmental economics, allowing students to deepen their understanding of specific fields within economics.

To fulfill graduation requirements, students must also complete professional practice units that develop practical skills in economic analysis, data interpretation, and policy evaluation. The program emphasizes the development of analytical, quantitative, and research skills through coursework and project work. As part of the curriculum, students have opportunities to engage in real-world case studies, internships, and research projects, enhancing employability and professional readiness.

Students are encouraged to choose elective units from related disciplines such as finance, accounting, business law, and management to broaden their academic perspective and prepare for interdisciplinary roles in business environments. The program also promotes the development of communication and teamwork skills through group assignments and presentations.

The University of Wollongong’s program requirements include maintaining a minimum overall grade point average (GPA) of 4.0 (equivalent to a pass), with specific prerequisites for advanced units. Students are advised to consult academic advisers regularly and plan their study progression carefully, considering full-time or part-time study options. International students must also meet English language proficiency requirements specified by the university.

In summary, the Bachelor of Commerce (Economics) program at UOW is structured to provide a rigorous education in economic theory, quantitative methods, and practical application, ensuring graduates are well-equipped for careers in government, industry, finance, or further academic study. The program's flexible structure allows students to tailor their studies through elective choices while fulfilling comprehensive core and major requirements designed to develop critical thinking, analytical capabilities, and professional competence.

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 Bachelor of Commerce (Economics) at the University of Wollongong offers a comprehensive overview of financial aspects associated with the program to assist students in understanding their investment and funding options. The tuition fees vary depending on the student's residency status, with international students paying higher fees compared to domestic students. For domestic students, the annual tuition fee is approximately AUD 7,440, whereas international students pay around AUD 27,000 per annum. These fees are subject to annual review and may increase in subsequent years. In addition to tuition fees, students should consider additional costs such as Overseas Student Health Cover (OSHC), student services and amenities fees, textbooks, and campus living expenses, which can significantly impact the overall financial requirement for completing the program.

The University of Wollongong provides various financial aid options to support students' studies. Domestic students may access government loans and assistance programs such as HECS-HELP, which helps cover tuition costs and is repaid through the tax system once income exceeds a certain threshold. International students are usually expected to fund their education through personal savings, family support, or education loans from financial institutions. The university offers scholarships based on academic merit, financial need, or a combination of both, reducing the financial burden for eligible students. Scholarships for international students can cover part or all of the tuition fees and sometimes include allowances for accommodation and living expenses.

Students are encouraged to explore external scholarships, grants, and bursaries offered by government agencies, private organizations, and educational foundations. Many students also consider part-time employment opportunities on campus or in the surrounding area to fund their studies, balancing work and academic commitments. The university's Careers and Employment Service provides guidance on employment opportunities and financial planning for students. Financial planning is essential to ensure sustainable study financing, and early application for scholarships and financial aid can significantly reduce the economic stress during the course.

The university also offers flexible payment plans, allowing students to spread payments across the academic year to better manage their finances. International students might also consider student loans available from home country financial institutions or governmental agencies, though approval and terms vary by country. Overall, the cost of studying a Commerce (Economics) degree at the University of Wollongong necessitates careful financial planning, leveraging available scholarships and aid options, and considering employment opportunities to support academic pursuits without undue financial strain.

The Bachelor of Commerce- Economics program at the University of Wollongong offers students a comprehensive education in the core principles of economics, combined with practical skills and analytical techniques applicable to a wide range of industries and sectors. The program is designed to prepare graduates for careers in public policy, banking, finance, consulting, and international trade, among others. It provides a solid foundation in microeconomics, macroeconomics, econometrics, and quantitative methods, enabling students to understand and analyze complex economic issues and make informed decisions. The curriculum includes a blend of theoretical coursework and applied learning opportunities, such as internships, case studies, and research projects, fostering critical thinking and problem-solving abilities. Students also gain insights into broader business contexts, including management, marketing, and organizational behavior, which enhances their versatility in the job market. The program emphasizes the development of communication skills, teamwork, and ethical reasoning, preparing graduates for leadership roles in a dynamic global economy. Close ties with industry partners and alumni networks provide extensive internship and employment opportunities, allowing students to gain practical experience before entering the workforce. The program is delivered by experienced faculty members who are actively involved in research and consultancy, ensuring that students receive current and relevant knowledge. With options for specialization or electives, students can tailor their degree to align with specific career interests or emerging economic trends. Graduates of the Bachelor of Commerce- Economics at the University of Wollongong are well-equipped with the analytical, methodological, and practical skills necessary for success in competitive employment environments and for contributing meaningfully to economic policy and development initiatives.