Honours in Economics
Overview
The growth in economic knowledge over the last decade makes it virtually impossible to train a professional economist within the confines of a three-year undergraduate degree. These days, many employers consider the fourth, specialist year as the minimum qualification required for a professional economist.
We offer the largest and most successful honours program in Economics in Australia. We are highly regarded for our undergraduate and postgraduate programs, our strong commitment to excellence in teaching, and the quality and quantity of our research output.
Our honours graduates occupy senior positions in government, industry and commerce. Many have gone on to PhD programs.
Program structure
The Department of Economics offers more than 40 subjects from which honours students can choose. You can specialise in a number of areas including: macroeconomics, microeconomics, finance, econometrics, labour economics, international trade, public policy, actuarial studies, industrial organisation.
Students are required to successfully complete the equivalent of eight subjects (100 points) in fourth year honours, and must complete the following subjects:
By the end of the honours year students must have completed at least one level-3 or level-4 econometrics subject in addition to:
- 316-316 Basic Econometrics or 316-317 Econometrics (namely one of 316-318 Applied Microeconometric Modelling, 316-350 Time Series Analysis and Forecasting, 316-401 Microeconometrics, 316-449 Financial Econometrics or 316-470 Econometric Techniques)
- three other subjects (if the econometrics requirement has been satisfied in third year then four other subjects), normally level-4 economics subjects.
Students may choose up to two level-3 economics subjects (to include an econometrics subject) and one subject from another department within the University with the honours convenor's approval.
Students who take 316-469 Financial Economics cannot include 316-351 Economics of Financial Markets in their final honours year program.
Combined honours program
Students may undertake a combined honours program across two disciplines within the Faculty, such as Finance and Economics. Please visit the combined honours page for more information.
Research essays
Economics honours theses are available on CD from the Baillieu Library Information Desk. You can also view all past honours theses.
Scholarships
The Faculty offers a number of scholarships to honours students. Please see the Honours Scholarships page for more information.
More information
- Admission requirements
- How to apply
- Fees
- Download the Honours in Economics booklet (PDF 840kb)
- Contact the Department's honours coordinator:
Associate Professor Michael Shields
ph: 61 3 8344 3417
email: mshields@unimelb.edu.au