​UNSW Business School's economics discipline has been rated highest in Australia according to the national research evaluation framework, ERA.

Only three of Australia's universities (UNSW, The University of Melbourne and UTS) received the top rating of 5, i.e. "well above world standard", in Economics (FoR14), under the Excellence in Research for Australia rating.

But UNSW was the only one to receive a 5 in all three main categories of Economic Theory, Applied Economics, and Econometrics. *

"We can credibly claim to be the top rated university in Australia in Economics," said UNSW Business School's Associate Dean Research, Professor James Morley. "Notably, we were the only university in Australia to have a 5 in applied economics, which shows how relevant our research is to the economic landscape in Australia and globally."

The ratings reflect publications, research income, esteem measures, and other factors. The ERA results align well with the high global rankings of UNSW for business disciplines, including being ranked #50 in the world according to the 2015 US News & World Report Subject Ranking in "Economics and Business".

In the overall disciplinary streams of Economics (FoR14) and Commerce, Management, Tourism and Services (FoR15), UNSW was rated 5 ("Well above world standard") for both. Only the University of Melbourne was also rated 5 for both FoR14 and FoR15.

In the specific disciplines related to the Business School rated as part of ERA, UNSW was recognised as "well above world standard" in:

  • Information Systems
  • Economic Theory
  • Appli​ed Economics
  • Econometrics
  • Accounting, Auditing and Accountability
  • Banking, Finance and Investment
  • Business and Management
  • Law

UNSW Business School Dean, Professor Chris Styles said: "These results reinforce our position as a leading business school in Australia and shows further evidence of our contribution to business and policy-making in this country."

*(ANU, Melbourne, UQ, and UTS received a 5 for Economic Theory (1401) and Monash, Melbourne, and UTS also received a 5 for Econometrics. But UNSW was the only university to receive a 5 for Applied Economics (1402), which is also the largest category in terms of research outputs in Economics, accounting for more than 70% nationally).


Media contact:

Julian Lorkin: 02 9385 9887