Discover big ideas and analytical tools that can change the world. Develop critical thinking skills and learn how business and policy can benefit society.

 

Faculty
UNSW Business School
Delivery Mode
Face-to-face (includes blended)
Award
Bachelor of Economics
Commencing Terms
Term 1, Term 2, Term 3
Duration (Full Time)
3 Year(s)

Overview

Economics is an influential social science that explores human behaviour and decision-making, with a focus on the roles played by incentives, resource constraints, laws, customs, and institutions. When you study the Bachelor of Economics at UNSW, you’ll explore how the decisions of institutions and individuals interact to determine outcomes for the economy and society.

As a graduate of economics, your distinct insights can be applied broadly. Through this degree, you'll gain highly transferable analytical skills that are valuable in a diverse range of careers.  In addition to more traditional economic issues like unemployment, taxation, and trade policy, economics allows you to understand and address human challenges like inequality, climate change, corruption, political polarisation, and impediments to education and health care.

Key features

Learn how to change the world
You’ll explore and find solutions to the important issues of our time. Economics uncovers the forces behind global inequality and the drivers of international relations. It explores policymaking and regulation, inflation, property rights, labour markets, our interaction with the environment, firm organisation and competition, and strategic interaction.

Become highly sought after by industry and government
UNSW Economics graduates are keenly sought after by policymakers at all levels of government, private sector employers, not-for-profits, and international organisations. They work in diverse careers as analysts, researchers, forecasters, journalists, and advisors.

Build your expertise
Our flexible program allows you to shape your degree around your interests and goals. Choose from three specialisations in economics, build your own program, or complement your economics studies with other Business and Commerce courses. You can also study this program as a double degree to combine your expertise.

Put theory into practice
You’ll apply your academic learning through practical experience, empowering you to use economics and leadership to change the world. Opportunities for practical experience include internships, group consulting projects, and global practicums.

Why study this degree at UNSW?

UNSW’s School of Economics ranks in the global top 40 for Economics and Econometrics* and received the top research rating by the ERA in Economic Theory, Applied Economics and Econometrics. You’ll learn with thought leaders from across the globe with diverse expertise in areas such as macroeconomics and forecasting, international trade, technology and labour markets, public policy, health economics, development economics, culture and historical institutions, behavioural and experimental economics, decision making theory and applications, market design, political economy, and econometrics and data science. 

As part of UNSW Business School, you’ll study in a faculty that is a global leader in business education and consistently ranks as one of Australia's top business schools. You’ll benefit from strong industry connections with exclusive access to our Career Accelerator program, mentoring and internship opportunities, and diverse student-led societies. 

*QS World University Rankings by Subject

 

Program Code
3543
CRICOS Code
001920G
Campus
Kensington
UAC Code
424400
Total Units of Credit (UOC)
144
Indicative Enrolments
517

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Entry requirements

Entry to this degree is based on your Australian Tertiary Admission Rank (ATAR) or an equivalent rank derived from the following:

  • Australian interstate Year 12 qualifications (e.g., OP rank)
  • New Zealand NCEA Level 3
  • Equivalent overseas qualifications e.g., International Baccalaureate (IB) Diploma, GCE A-Levels
  • Post-secondary or tertiary qualifications
  • An alternative entry qualification

 

2022 Lowest Selection Rank
91
2022 A levels
16
2022 IB Diploma
34
2022 Lowest ATAR
79.6
    1. The 2022 Lowest Selection Rank (LSR) is the adjusted rank (ATAR plus adjustment factors) you would have needed to gain entry to this degree in 2022.
    2. The 2022 A levels score is based on four Advanced Level (A2) subject. Entry scores are calculated from the best three or four A2 subjects (excluding repeated subjects) using the following values: A*=6, A=5, B=4, C=3, D=2, E=1. At most one Applied A Level subject may be included in the best four subjects used to calculate the aggregate.
    3. The 2022 IB Diploma is an indication of the IB you would have needed to gain entry to this degree in 2022. It is to be used as a guide only.
    4. The 2022 Lowest ATAR is the lowest ATAR (before adjustment factors were applied) to which an offer was made. Where <5 is listed, this indicates that less than 5 ATAR-based offers were made and so the score has not been published. N/A indicates no offers were made on the basis of ATAR.
  • At UNSW, we are committed to ensuring prospective students have all the information they need in order to make informed decisions about their study options.

    To assist you in gaining a better understanding of how Admissions works at UNSW, we have provided you with a summary of ATAR offers and the student profile.

    We hope this information will help you identify the degree that is right for you.

Assumed knowledge

Mathematics Advanced

Adjustment Factors


We offer a range of adjustment factor schemes that reward students for academic performance and extra-curricular achievements. These schemes also take into account a range of personal and educational disadvantages that may have affected your studies. 

HSC Plus 
This scheme rewards students who perform well in Year 12 subjects that are relevant to their preferred UNSW degree. You may be awarded up to five points. 

Elite Athletes, Performers and Leaders (EAPL) 
This program recognises achievements in the areas of sport, academia, leadership and music at an elite level. You may be eligible for up to five points.

Educational Access Scheme (EAS)
Factors such as illness, financial hardship, language difficulties or attending a particular school can mean you don't always get the best possible marks in Years 11 and 12. If one of these situations applies to you, submit an application for the Educational Access Scheme (EAS) via UAC. Eligible students can receive between 1 and 10 points towards their chosen UNSW degree.

Admission pathways


Your ATAR is not the only measure of your potential to succeed, which is why we offer a range of pathways into university. Explore your options below and get in touch with our future student advisors to discuss your path to UNSW. 

Gateway Admission Pathway
This scheme is open to students in Years 11 and 12 who attend Gateway schools. It significantly adjusts the ATAR requirements for your preferred UNSW degree and provides you with an early conditional offer to UNSW. 

Entry programs for Australian Aboriginal and Torres Strait Islander people
We offer entry programs for Indigenous Australians, including the Indigenous Preparatory Programs and the Indigenous Admission Scheme (IAS). The entry pathway program you apply for will depend on the degree you want to study. 

English language requirements

 

You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If you’re completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.

If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove this by providing evidence that you meet one or more of the following criteria:

UNSW Global offers courses and programs designed to help you reach the English language level required for entry into your chosen degree. Different options are available depending on your current English language level. Learn more.

We do not accept secondary qualifications from this country. We may accept tertiary study results, please contact us for more information.

Please contact us for direct entry requirements.

Admission pathways


UNSW Global has university pathway programs that provide seamless transition to UNSW Sydney so you can achieve your academic and career goals. Learn more.

English language requirements


You may be asked to provide evidence of your English proficiency to study at UNSW depending on whether you are from an English-speaking background or non-English speaking background. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If English is not your first language, you’ll need to provide proof of your English proficiency before you can be given an offer to study at UNSW. You can do this by providing evidence that you meet one or more of the following criteria:

UNSW Global offers courses and programs designed to help you reach the English language level required for entry into your chosen degree. Different options are available depending on your current English language level. Learn more.

Check the specific English language requirements for this program

Program structure

The Bachelor of Economics is a three-year degree program consisting of 24 courses. You can choose from a wide variety of courses according to your interests or focus on a major study area. In 2022, you’ll be able to study one or two Economics majors choosing from Macroeconomics and Financial Markets, Data Analytics and Econometrics, and Economic Policy and Society, or other Commerce majors including Behavioural Economics. 

The program includes:

  • Economics core courses
  • Introductory Business courses
  • Economics elective courses or optional Economics major
  • Business electives or the option to pursue a Commerce major or minor
  • General education courses from other faculties

Professional development courses and experiences:

  • Work Integrated Learning – You can complete up to two for-credit work industry experiences such as an internship or business practicum
  • Practical Application – The curriculum is taught with practical application of real-world problems so you can gain a solid grounding in understanding society and business.  

Study areas

What can you do with an economics degree? 

Careers in economics are about using data, maths and reason to understand behaviour, improve wellbeing and make a positive impact on people’s lives. With highly transferable skills in analysis, statistics, data, problem-solving and communication, you can move across the private sector, financial institutions, and government departments. 

    • Health economist 
    • Behavioural economist 
    • Financial economist 
    • Labour economist
    • Macroeconomist 
    • Credit analyst
    • Business analyst 
    • Financial analyst 
    • Insurance analyst 
    • Data analyst 
    • Policy analyst
    • Actuary
    • Business reporter
    • Economic researcher
    • Economic consulting
    • Financial consultant
    • Financial controller
    • Financial services
    • Human resource manager
    • Investment analyst
    • Management consultant
    • Market research analyst

UNSW supports career experience while you study

UNSW Business School's Career Accelerator provides work experiences and professional development opportunities to help get you started. 

Our degrees include up to two for-credit industry experiences, such as internships or global business practicums. These professional development opportunities complement your studies, build connections to industry, and give you a clear advantage after graduation.

Your opportunities are supported by our industry and alumni networks. As one of Australia’s leading business schools we have strong connections to industry and more than 90,000 alumni worldwide who could be connections to your future career. Not only that, UNSW supports start-ups, with more founders than any other Australian university and over 300+ clubs to find people with complementary skillsets.

Honours

Take your Bachelor of Economics to the next level with an additional one-year Honours degree, where you'll gain advanced knowledge and research skills in your chosen area of business. You'll have the opportunity to be mentored by top-tier researchers and work on industry relevant projects while undertaking a significant research thesis. Graduate with advanced knowledge, analytical, problem-solving and research skills that are highly sought after in business and government. Learn more about Economics Honours

Accreditation

Depending on your course selection you may meet the education requirement of various professional bodies including Australian Human Resources Institute (Human Resource Management), and Australian Securities and Investment Commission (RG-146) (Finance).

Double degrees

Design your degree to suit your career goals with the flexibility to specialise in up to two different business areas, or a subject outside the UNSW Business School faculty, such as arts or science. With a wide-ranging education, you can strengthen your career opportunities by completing a double degree. 

Double degree options:

  • Actuarial Studies
  • Advanced Mathematics (Hons)
  • Advanced Science (Hons)
  • Arts
  • Commerce
  • Computer Science
  • Education (Secondary)
  • Law
  • Science

How to apply

Applications for undergraduate study from domestic students (Australian citizens, Australian permanent residents, Australian permanent humanitarian visa holders and New Zealand citizens) are processed by the Universities Admissions Centre (UAC).

Visit the Apply section of the UAC website and you can nominate up to five degrees in order of preference, with the first being your most desired degree and university.

On-time applications for admission usually close at the end of September each year for Term 1 admission. Late applications can be submitted, but a late fee will apply. For study starting in Term 1, the majority of offers are made in December and January. Visit the UAC website for key dates for admission outside of Term 1.

Ready to apply?

For most international students, applications are submitted via our Apply Online service. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term.

Some high-demand programs with limited places, may have an earlier application deadline or may have an earlier commencement date. For more information visit our international applicant information page.

*If you are an international student studying an Australian qualification, go to the Universities Admission Centre (UAC) for application and UAC key dates. Note: If you are under 18 years of age, you need to make special arrangements. Read more.

Ready to apply?

Fees & Scholarships

2022 Indicative First Year Full Fee
$11,560*

Commonwealth Supported Place: Student Contribution Band 4

*The student contribution for a Commonwealth Supported Place is an indication only of the amount payable in Year 1 based on a standard full-time load of 48 credit points (1.0 EFTSL). The actual student contribution you will be liable for depends on your individual program of study and the calendar year in which you enrol. Actual fees are calculated upon enrolment. Student contribution amounts are subject to annual review by the university and may increase each year during your studies (subject to caps determined by the Australian Government), effective at the start of each calendar year.

The indicative fees listed here are based on an estimated average and are for tuition only - other fees and charges are not included.

2022 Indicative First Year Fee
$46,805*
2022 Indicative Fee to Complete Degree
$142,355*

*Fees are subject to annual review by the University and may increase annually, with the new fees effective from the start of each calendar year. The indicative fees listed here are based on an estimated average and are for tuition only other fees and charges are not included. The amount you pay will vary depending on the calendar year to enrol, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (8 courses per year).

Indicative fees are a guide for comparison only based on current conditions and available data. You should not rely on indicative fees. More information on fees can be found at the UNSW fees website.

Indicative fees to complete the program have been calculated based on a percentage increase for every year of the program. Fee increases are assessed annually and may exceed the indicative figures listed below.

Indicative fees to complete the program include tuition plus an estimate of study-related costs of approximately $1,000 per year. To find out more about other costs, visit UNSW International.

Scholarships


At UNSW, we award over $83 million in scholarships each year. We pride ourselves on rewarding excellence and making university accessible to students from all walks of life. Whether you’re a domestic or international student, our range of scholarships, prizes and awards can support your journey.


  • Top 50
    Worldwide

    QS World University Rankings, 2022.

  • Most
    Employable Graduates

    AFR Top 100 Future leaders Award.

  • Leading
    Innovation

    #1 Australian uni attended by start-up founders.

I wanted to deeply understand how the world works, so I could contribute to solving key challenges.
Alumni: James Humpherson

James Humpherson

Founder: Humanitix

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