Bachelor of Economics

The Bachelor of Economics at the University of New England offers students a comprehensive education in the fundamental principles and practical applications of economic theory. Designed to equip graduates with critical thinking, analytical skills, and a deep understanding of economic processes, this program prepares students for a wide range of careers in government, business, finance, and academia. The curriculum covers core areas such as microeconomics, macroeconomics, econometrics, and international economics, along with elective subjects allowing students to specialise in fields like development economics, environmental economics, or financial economics. Students gain valuable experience through practical projects, case studies, and research assignments, enabling them to interpret economic data and make informed decisions. The program also emphasizes the development of quantitative skills, including proficiency in statistical software and data analysis techniques, essential for contemporary economic work. Throughout their studies, students engage with real-world economic issues, participating in seminars, workshops, and industry placements that enhance their understanding of current economic challenges and policies. The Bachelor of Economics at UNE aims to produce graduates who are not only knowledgeable about economic theories but also skilled in applying this knowledge practically to solve complex problems. With a strong focus on both theoretical and applied aspects of economics, the program prepares students for further study in graduate programs or direct entry into the workforce. The university’s supportive learning environment, experienced faculty, and extensive resources ensure that students receive a well-rounded education that fosters intellectual curiosity and professional development, making them competitive in the global job market.

Program overview: The Bachelor of Economics at the University of New England provides students with a comprehensive understanding of economic principles and their application to real-world issues. Throughout this program, students explore a wide range of topics including microeconomics, macroeconomics, econometrics, Australian and global economic systems, public policy, and financial markets. The curriculum is designed to develop analytical skills, critical thinking, and quantitative abilities essential for understanding complex economic phenomena. Students will engage with both theoretical models and practical case studies, allowing them to analyze economic data, interpret trends, and make informed decisions. The program emphasizes the importance of ethical considerations and social responsibility in economic practice, preparing graduates for diverse careers in government, finance, consulting, research, and international organizations. In addition to core courses, students have opportunities to specialize in areas such as development economics, environmental economics, or financial economics. The program also includes options for internships, industry projects, and research activities, fostering experiential learning and professional development. Throughout their studies, students will be supported by experienced faculty members who are experts in their fields, providing guidance and mentorship. The Bachelor of Economics at UNE aims to equip graduates with the knowledge and skills necessary to succeed in a rapidly changing global economy and contribute meaningfully to economic policy and decision-making processes. By the end of the program, students will have developed a solid foundation in economic theory, quantitative analysis, and practical application, preparing them for postgraduate study or employment in a broad range of sectors where economic insight is valuable.

Program requirements for the Bachelor of Economics at the University of New England include the successful completion of a minimum of 240 credit points spanning over three years of full-time study. Students are expected to enroll in and pass foundational courses such as Principles of Economics, Microeconomics, Macroeconomics, and Quantitative Methods, which provide core knowledge essential for advanced understanding of economic theories and applications. In addition to core courses, students must complete a series of elective modules, allowing specialization in areas such as Development Economics, International Economics, Public Economics, and Financial Economics, among others. Each course typically contributes 10 to 20 credit points towards the total requirement.

A significant component of the program involves participating in problem-based learning projects and data analysis exercises aimed at developing practical skills in economic research and policy analysis. Students are also encouraged to undertake an internship or work placement in an economics-related role to gain real-world experience, which can be credited towards the degree requirements if approved by academic advisors.

Throughout the program, students must also complete a capstone project or thesis in their final year, demonstrating their ability to apply economic concepts to real-world issues, critically analyze data, and communicate findings effectively. To ensure comprehensive understanding, the program includes assessments such as exams, essays, presentations, and group projects.

Enrollment prerequisites typically involve completion of senior secondary education with appropriate English language proficiency. Students are advised to consult the university's official admissions guidelines for specific entry requirements and prerequisite subjects. Continuous academic performance is monitored through a weighted grading system, and students must maintain a minimum GPA as specified by university policy to progress through successive semesters.

Transfer credits may be granted for prior tertiary studies or relevant professional experience, pending approval. To graduate, students must attain at least a passing grade in all required core courses and electives, complete the capstone project, and fulfill any additional program-specific administrative obligations. The program emphasizes developing analytical, quantitative, and communication skills to prepare graduates for careers in government, private sector, international organizations, and further academic research.

Funding for the Bachelor of Economics program at the University of New England is available through a variety of sources to support both domestic and international students. Prospective students are encouraged to explore scholarship opportunities, which may include merit-based awards, need-based grants, and financial aid packages. The university offers several scholarships specifically designed for undergraduate students enrolled in economics and related fields, aiming to reduce financial barriers and promote academic excellence.

In addition to university-funded scholarships, students can apply for external funding options such as government loans, bursaries, and sponsorships from private organizations. The Australian government provides student loans through HECS-HELP, which can assist eligible students in financing their studies. International students are also supported through various scholarship programs, including those offered directly by the university, regional development grants, and international bursaries that are aimed at attracting talented students from around the world.

Part-time work opportunities are another means of financial support, with on-campus employment available to help students manage their living expenses while studying. The university's career services and student support centers provide guidance on job applications, resume writing, and interview preparation. Moreover, students are encouraged to research external funding agencies, foundations, and professional associations related to economics that may offer scholarships, internships, or grants.

The university also provides financial counselling services to assist students in planning their budgets, understanding their financial options, and navigating complex funding procedures. This supportive environment ensures that students can focus on their academic pursuits without undue financial stress.

In summary, the financing options for the Economics program at the University of New England encompass a holistic range of scholarships, government funding, external grants, employment opportunities, and financial counselling. These resources are designed to make higher education accessible and affordable, enabling students to achieve their academic and professional goals in economics.

The Bachelor of Economics program at the University of New England is designed to provide students with a comprehensive understanding of economic theories, principles, and practices. The program aims to develop students' analytical skills, critical thinking, and quantitative abilities, preparing them for careers in various economic and related fields. Throughout the course, students explore topics such as microeconomics, macroeconomics, developmental economics, environmental economics, and international economics, among others. The curriculum integrates theoretical learning with practical applications, including data analysis, economic modeling, and policy evaluation. Students have opportunities to engage in research projects, internships, and case studies, which enhance their practical understanding of economic issues in real-world contexts.

In addition to core economics courses, the program offers electives in areas such as financial economics, health economics, and public policy, allowing students to tailor their education to specific interests or career goals. The program also emphasizes the development of effective communication skills, enabling graduates to present complex economic concepts clearly and persuasively. Practical skills in statistical software and data analysis tools are also covered, providing students with essential technical competencies for employment in various sectors, including government, business, finance, and consultancy.

The university is committed to fostering a collaborative learning environment, with smaller class sizes and access to experienced faculty members who are active researchers and industry practitioners. Students are encouraged to participate in seminars, workshops, and exchange programs that expand their global perspective on economic issues. The program typically takes three years of full-time study to complete, with options for accelerated pathways or part-time study for working professionals.

Graduates of the Bachelor of Economics at UNE are well-equipped to pursue further studies at postgraduate level or to enter the workforce confidently. They may find employment as economic analysts, policy advisors, financial consultants, market researchers, or in roles within the public sector, private industry, and non-profit organizations. The program’s strong foundation in analytical and research skills ensures that graduates are adaptable and capable of addressing complex economic challenges in diverse contexts.