Economics subjects as breadth
Economics provides complementary breadth to students who are studying disciplines such as Environments, Mathematics and Statistics, Engineering, and/or Health.
The objective of economics is to understand the well-being of individuals and organisations in a society and of the society as a whole. Economists are particularly interested in the way society decides how to allocate its scarce resources. Economists analyse how these decisions are made and whether better ways of making decisions exist.
See the About Commerce page for more information about economics.
Note: to enrol in economics subjects, you must have completed VCE Units 3&4 Maths Methods (either), with a minimum study score of 25 (or equivalent) .
Suggested subject sequences
- Contemporary Public Policy
- Economics - no Quantitative Methods subjects
- Economics - including Quantitative Methods subjects
- Economics and Finance
- Economic History
- Ecological Economics
- Environmental Economics
- International Economics & Economic Development
Contemporary Public Policy
75 points
316-101 Introductory Macroeconomics
316-102 Introductory Microeconomics
316-202 Intermediate Microeconomics
316-213 Globalisation and the World Economy
316-210 Competition and Strategy
316-304 Social Economics
Economics - no Quantitative Methods subjects
50 - 75 points
For students who care about the world, microeconomics is one of the most relevant and interesting subjects they can study. It is one of the core disciplines in economics, and it is the foundation on which all the other economic disciplines rest.
Macroeconomics is the study of economy wide outcomes, notably unemployment, inflation and economic growth.
316-102 Introductory Microeconomics
316-101 Introductory Macroeconomics
316-202 Intermediate Microeconomics
316-201 Intermediate Macroeconomics
And two of:
316-301 International Trade Policy
316-302 Economic Development
316-303 Industrial Economics
316-304 Social Economics
316-306 Money & Banking
316-309 Agricultural Economics
316-311 History of Economic Thought
316-312 Macroeconomics
316-313 Microeconomics
316-324 Environmental Economics
316-326 Economic Analysis & Policy
316-327 Business Applications of Economics
316-328 Marketing Economics
316-329 The Economics of Taxation
316-330 Organisations, Economics & Incentives
316-335 Economics of the Law
316-337 Behavioural Economics
316-338 Mathematical Economics
316-345 Regional Economics
316-346 Experimental Economics
Economics - Quantitative Methods
75 points
Many questions in economics and finance involve quantifying relationships between variables.
If the Reserve Bank Board increases interest rates by 0.5%, by how much will the demand for housing decline? By how much will the value of the Australian dollar rise? If a supermarket chain spends money on TV advertising, by how much will their sales increase? If the state government spends an extra million dollars putting uniformed police on the street, by how much will crime be reduced?
All these questions, and there are many more like them, involve measuring or forecasting changes in economic and financial variables. Econometrics is concerned with such measurement.
316-102 Introductory Microeconomics
316-130 Quantitative Methods 1
316-202 Intermediate Microeconomics
316-205 Introductory Econometrics OR 316-206 Quantitative Methods 2
316-317 Econometrics OR 316-316 Basic Econometrics
316-318 Applied Microeconometric Modelling
Economics and Finance
75 points
333-101 Finance 1
316-130 Quantitative Methods 1
333-201 Business Finance
316-205 Introductory Econometrics OR 316-206 Quantitative Methods 2
333-301 Investments
333-302 Corporate Finance
Economic History
50 - 75 points
Economies are not fixed entities, but are constantly changing. To comprehend fully the changes going on around us, then, knowledge of how we got to where we are now and how the course of change has unfolded in the recent past is invaluable.
316-101 Introductory Macroeconomics
316-102 Introductory Microeconomics
316-201 Intermediate Macroeconomics
316-202 Intermediate Microeconomics
316-214 Australian Economic History
316-311 History of Economic Thought
Ecological Economics
62.5 points
316-101 Introductory Macroeconomics
316-102 Introductory Microeconomics
316-201 Intermediate Macroeconomics
316-202 Intermediate Microeconomics
316-324 Environmental Economics
316-325 Ecological Economics
Environmental Economics
62.5 points
Recent years have seen an increase in awareness about environmental issues. For example, it is now known that greenhouse gas emissions could cause significant harm to the world’s environment. Actions of individuals, firms and government all contribute to this problem. Designing policies aimed at reducing environmental pollution and degradation requires that we understand the economics behind these actions.
316-101 Introductory Macroeconomics
316-102 Introductory Microeconomics
316-201 Intermediate Macroeconomics
316-202 Intermediate Microeconomics
316-324 Environmental Economics
International Economics & Economic Development
75 points
With the growth of globalisation, national economies have become increasingly integrated, and understanding the nature of international trade and financial linkages - the field of International Economics - has become central to formulating economic policy in both developed and underdeveloped economies.
316-102 Introductory Microeconomics
316-101 Introductory Macroeconomics
316-202 Intermediate Microeconomics
316-213 Globalisation & the World Economy
316-301 International Trade Policy
316-302 Economc Development
More information
Contact the Undergraduate Student Centre:
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