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Bachelor of Business (Economics)

Bachelor of Business (Economics)

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COURSE DESCRIPTION

Highlights

  • Gain practical, hands-on experience throughout your course and apply theory learnt in class to real-world situations outside of the classroom.
  • Meet the academic requirements for professional membership of the Economics Society of Australia.
  • Study inflation, interest rates, competition, business strategy, maximisation of resources and the impact of decisions made by government.
  • Prepare yourself for a career as a business analyst, economist, financial project manager, quantitative analyst, risk manager or statistician
  • You can also study this major as part of QUT’s Bachelor of Business – International degree, which includes one year of compulsory overseas studies.

Why choose this course?

Economics is more than just the study of numbers, money, and the economy. It’s a way of thinking and analysing how the world works. As an economist, you will be working to find solutions to real-world issues such as unemployment, inflation, interest rates, competition, business strategy, the sustainable use of resources and the impact of decisions made by governments.

Students choose this degree because of the range of study options available to them. Whether your career aspirations include higher studies in economics or employment in public or private sector organizations, you can tailor your degree to suit your interests.

If you’ve ever wondered why the Reserve Bank of Australia puts up interest rates, or what is the best way to make the earth a cooler place by fighting climate change, or if you’ve asked whether Facebook makes the economy more productive, you should consider economics as a major.

As an economist in the making, your learning will extend outside of the classroom. Early in the degree, you will participate in practical experiences that offer a real-world context for understanding economic theory. You will learn from industry professionals and develop the tools and techniques you need to analyse business problems and find solutions.

As well as having the opportunity to undertake a work-integrated learning unit, students can enrol in an international study tour in development economics, apply economic principles and models to develop solutions, and learn about useful tools such as cost-benefit analysis.

Real-world learning

Our lecturers have a wide range of real-world experience in finance, government policy making and in industry, so their teaching reflects current thinking and is based on practical situations and outcomes. These links also provide access to guest lecturers, who add their own experiences and challenges to your learning and thinking.

This course will take you on a journey through both microeconomics (individual firm or industry) and macroeconomics (entire nations). You will apply theory to topics of current interest, such as the federal budget, changing age demographics and climate change. You will learn how to collate data for your analysis, make decisions on relevant economic theories and models, and refine this into possible solutions for the real world.

Careers and outcomes

Within the corporate world, economists work as analysts and consultants. Economists guide the strategic direction of firms to respond to changes in global economic conditions, structural changes within the sector or changes in government policy. In government, economists design and evaluate policy at all levels from treasury to health and education and everything in between.

EDUCATIONAL INSTITUTION

Study at The University of Queensland. Learn with leading academics in world-class facilities and join the most employable graduates in the state. At UQ you’ll benefit from flexible study options, field trips, lab work, industry placements, research experience, and online study in Brisbane, Australia.

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Queensland University of Technology (QUT) is a Top 180 World University, according to the Times Higher Education World University Rankings 2020. This major Australian university is known as the university for the real world because of its close links with industry, relevant and award-winning teaching and applied research. QUT offers a range of study options across its main campus in Kelvin Grove and through its Gardens Point campus, which is based in the centre of Brisbane. Industry representatives and professionals contribute to course development, adding a practical perspective to theoretical education. QUT’s academic staff consult in industry and work on industry projects which often involve students. The university is home to a total of 52,510 students, out of which 9,769 are international - making for a diverse campus life. QUT is also known for its high student satisfaction, excellent graduate employment outcomes and outstanding alumni.

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