Economics

Learn about the fundamental principles governing economies and develop the analytical skills necessary to understand market dynamics with Macquarie University's Bachelor of Economics program. This comprehensive degree provides students with a solid foundation in economic theory, quantitative analysis, and policy applications, preparing graduates for careers in finance, government, research, consultancy, and international organizations. The program covers a wide range of essential topics, including microeconomics, macroeconomics, econometrics, and international economics, equipping students with the ability to analyze complex economic issues and contribute to evidence-based decision-making.

In addition to core economic subjects, students have the opportunity to explore specialized areas such as behavioral economics, economic development, public policy, and environmental economics. The curriculum is designed to foster critical thinking, problem-solving skills, and effective communication, enabling graduates to undertake independent research and provide strategic insights across different sectors. The Bachelor of Economics at Macquarie University emphasizes practical learning through case studies, simulations, and real-world projects, ensuring students gain hands-on experience relevant to today's dynamic economic landscape.

Students benefit from the university’s strong connections with industry and government, providing access to internships, networking events, and guest lectures from leading economists and policy makers. The program is delivered by experienced academic staff committed to high-quality teaching and research, supporting students throughout their academic journey. Graduates of this program are well-equipped to pursue further studies, such as Honours or postgraduate degrees, or to enter the workforce immediately with a competitive skill set valued by employers worldwide. Join Macquarie University’s Bachelor of Economics and unlock a world of opportunities in understanding and shaping the economic future.

General requirements

• Minimum number of credit points 64 ECTS
• Minimum number of credit points at 600 level 16 ECTS
• Minimum number of credit points at 800 level or above 48 ECTS

Specific minimum requirements:

The following outlines the units (subjects) to be studied within this master

600 LEVEL

• Principles of Finance 
• Intermediate Microeconomics 
• Intermediate Macroeconomics
• Econometrics and Business Statistics 

800 LEVEL OR ABOVE

• Applied Econometrics 
• Economics of Public Issues 
• Advanced Microeconomics 
• Advanced Macroeconomics 
• Research in Economics 
• Monetary and Financial Policies 
• International Monetary Policy 
• International Trade 
• Economic Development and World Economic Order 

Minimum admission requirements 

• Australian level 7 bachelor's qualification or recognised equivalent 
• GPA of 4.5 (out of 7.0)

English language requirements

IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent

All applicants for undergraduate or postgraduate coursework studies at Macquarie University are required to provide evidence of proficiency in English.

The university offers scholarships to students to address financial need or hardship, academic excellence, sporting achievement and in recognition of outstanding character. It can also provide financial assistance with loans and grants to students who have difficulty with basic living expenses and help with fees. Each year Macquarie University awards around $2.5 million in scholarships, most of which are given on the basis of financial need or other hardship. 

The Bachelor of Economics at Macquarie University offers students a comprehensive education in economic theory, quantitative methods, and applied economics. The program is designed to develop analytical thinking, problem-solving skills, and a deep understanding of economic principles that are applicable across various industries and sectors. Students will explore core areas such as microeconomics, macroeconomics, econometrics, and international economics, gaining both theoretical knowledge and practical skills essential for careers in finance, government, policy analysis, consulting, and business. The curriculum emphasizes critical thinking and decision-making processes, preparing graduates to analyze complex economic issues and contribute to policy development and economic strategies.

The program incorporates a variety of teaching methods, including lectures, tutorials, case studies, and hands-on projects, enabling students to apply economic concepts to real-world situations. The university's strong connections with industry and government agencies provide students with internship and networking opportunities, facilitating professional development and employment prospects after graduation. Macquarie’s focus on quantitative skills means students will also gain proficiency in statistical software and data analysis, which are highly valued in today’s data-driven economy. The Bachelor of Economics typically takes three years to complete, or four years if students choose to undertake a combined program with a major in another discipline.

Students have the flexibility to tailor their studies through electives and specializations, such as financial economics, behavioural economics, or development economics, aligning their education with personal interests and career goals. The program is supported by experienced faculty members who are active researchers and policymakers, providing students with insights into current economic debates and issues. Upon graduation, students are well-equipped to pursue further study through Honours programs or postgraduate courses in economics, business, or public policy. Overall, the Bachelor of Economics at Macquarie University aims to produce graduates who are analytical, adaptable, and prepared to make meaningful contributions to economic challenges locally and globally.