Bachelor of Economics (B3B)

Overview  2020

Entry Requirements

See entry requirements

Duration

Minimum 3 Years, up to a maximum of 7 Years

Duration

Duration refers to the minimum and maximum amounts of time in which this course can be completed. It will be affected by whether you choose to study full or part time, noting that some programs are only available part time.

Location

Entry Requirements

See entry requirements

Duration

Minimum 3 Years
Entry requirements

Location

It made “perfect sense”  for Peter to study at the University when he weighed up his options.

“I did not believe that studying at a university outside of Tasmania would make me any better off. I figured that if there were prominent UTAS alumni, such as economist Saul Eslake, who were well regarded then there was probably nothing stopping me from achieving my career aspirations. "

With a Bachelor of Economics, you will develop a detailed understanding of how decisions are made by individuals, firms, and governments through analysis of micro and macro economic environments for business and the broader community.

This on-campus, 3-year full-time or 7-year part-time course is offered at the Hobart campus, with a limited number of first year units are also available at the Launceston and Cradle Coast Campuses.

Due to the circumstances around COVID-19, you will begin your semester 2 studies online in 2020. However, when Government guidelines change, on-campus studies will be reintroduced.
CLO1Graduates will possess theoretical and practical knowledge of Economics, and the ability to use data to address economic problems.
CLO2Communicate economic reasoning, present economic knowledge, ideas and empirical evidence both orally and in written form.
CLO3Evaluate economic problems and assess policy issues, using basic economic techniques.
CLO4Collaboratively interact with peers to reflect on the potential differential impacts of economic policies across local, national or international economies.
CLO5Reflect on the ethical propositions in economics.

Career outcomes

Good economic management helps improve the overall living standards of a society, so a Bachelor of Economics is a sought-after qualification, and highly respected by employers.

A depth of understanding in a particular discipline allows you to pursue a focused career, but an economics qualification also provides an excellent generalist degree for many graduate positions. Irrespective of your chosen career path a knowledge of economics gives you a competitive advantage.

As well as understanding the fundamentals of economics, you’ll develop workplace skills such as critical thinking, strategic analysis and measured decision-making.

As a Bachelor of Economics graduate, you will have access to a diverse range of career opportunities. These include:

  • Administration
  • Central banking
  • Commercial consulting
  • Commercial banking
  • Local government
  • Management
  • Market research
  • Merchant banking
  • Political advisory and research roles
  • Stockbroking
  • Teaching

Professional Recognition

There are no professional bodies in the economics discipline. While undertaking the Bachelor of Economics degree, students can apply to become special members of the Economics Society of Australia.

Students completing a Bachelor of Economics with a Finance major meet the academic entry requirements to seek membership of the Australian Institute of Banking and Finance.

Course structure

The Bachelor of Economics is designed to produce graduates with a detailed understanding of how decisions are made by individuals, firms, and governments through analysis of micro and macro economic environments for business and the broader community.

In choosing a Bachelor of Economics you can:

  • Build a degree that is tailored specifically to your own interests and select your major from 3 different disciplinary areas: Economic Foundations, Economic Analysis or Environmental and Resource Economics
  • Acquire multidisciplinary skills by choosing minors from outside the Tasmanian School of Business and Economics (TSBE).
  • Enrich your degree through hands-on learning experiences: corporate internships, report writing, multidisciplinary teamwork, and the use of industry case studies in the classroom.
  • Learn from leading experts whose links with industry, professional associations, other academics and government ensure that their teaching remains contemporary and relevant.

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Year 1
Compulsory introductory units

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Year 2
Compulsory intermediate unit

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Choose 1 intermediate unit from the following list:

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Year 3
Compulsory advanced units

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Year 1
Compulsory introductory units

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Year 2
Compulsory intermediate unit

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Choose 1 intermediate unit from the following list:

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Year 3
Compulsory advanced units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Compulsory introductory units

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

You must enrol in BEA101 Environmental and Resource Economics 1 in your degree electives on your study plan to take this major.
Compulsory intermediate units

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Compulsory advanced units

Credit Points: 12.5

This unit is currently unavailable.

And 3 from the following units:

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Year 1
Compulsory introductory units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonAccelerated Study Period 3
Cradle CoastSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonAccelerated Study Period 2
LauncestonAccelerated Study Period 3
Cradle CoastSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Year 2
Compulsory intermediate units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonAccelerated Study Period 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonAccelerated Study Period 3

Key: On-campus    Off-Campus    International students    Domestic students

This major can be taken on campus at the Hobart campus or via distance.

If you are intending to study Honours, you should choose BEA342 Econometrics at advanced level and not BEA321 Banking and Financial Institutions in the Finance major.

Year 1
Compulsory introductory units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonAccelerated Study Period 2
LauncestonAccelerated Study Period 3
Hong Kong Universal EdSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Year 2
Compulsory intermediate units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
Hong Kong Universal EdSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Year 3
Compulsory advanced units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Introductory units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonAccelerated Study Period 1
Cradle CoastSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonAccelerated Study Period 3
Hong Kong Universal EdSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

 
Intermediate units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Introductory units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonAccelerated Study Period 1
Cradle CoastSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonAccelerated Study Period 3
Hong Kong Universal EdSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

 
Intermediate units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonAccelerated Study Period 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
LauncestonAccelerated Study Period 2
LauncestonAccelerated Study Period 3

Key: On-campus    Off-Campus    International students    Domestic students

Year 1
Compulsory introductory units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonAccelerated Study Period 1
Cradle CoastSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
LauncestonAccelerated Study Period 2
LauncestonAccelerated Study Period 3
Hong Kong Universal EdSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Year 2
Compulsory intermediate units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonAccelerated Study Period 3
Hong Kong Universal EdSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonAccelerated Study Period 1
Hong Kong Universal EdSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

 
Optional Finance major:
Major Coordinator = Xiaohu Deng (Xiaohu.deng@utas.edu.au)
 
Year 1
Compulsory introductory units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonAccelerated Study Period 3
Cradle CoastSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Year 2
Compulsory intermediate units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Year 3
Compulsory advanced units

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Experience and engagement units are student electives of your choice from either within or outside of the Tasmanian School of Business and Economics. You can select your units using the Handbook unit search function. You must choose two breadth units as part of your experience and engagement units in the Bachelor of Economics. Please note: if the option of the second major in Finance is chosen, 4 units/50 credit points from the Experience and engagement component of your degree will be used for this purpose.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
LauncestonSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
HobartIntensive Session Jan B
HobartIntensive Session Jun

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
Cradle CoastWinter school

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
LauncestonSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSpring school (extended)

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
Hobart5 Week Session Feb A

Key: On-campus    Off-Campus    International students    Domestic students

Need help choosing your first year units? Try the Unit Selection Guide.

Entry requirements

We encourage you to apply for the courses you most want to study. If you’re not eligible to enter your chosen course right now, the UTAS admissions team will work with you to find the best pathway option.

Enquire online for advice on the application process and the available pathways to study at UTAS.

Domestic applicants who have recently completed secondary education (in the past two years)

To be eligible for an offer, you must:

  • Have an ATAR of 50 or above. This is the minimum ATAR needed for your application to be considered; and
  • Have satisfactory performance in senior secondary or equivalent studies in Mathematics.

In 2019, the lowest ATAR to receive an offer into this course was 53.35. The lowest ATAR to receive an offer may change from year to year.

Applicants who have recently completed senior secondary studies but have not received an ATAR may still be eligible for admission. We will consider your study plan and subject results on a case-by-case basis when we assess your application.

All other domestic applicants

To be eligible for an offer, you must:

  • Meet the University’s General Entry Requirements based on your prior studies and experience; and
  • Have satisfactory performance in senior secondary or equivalent studies in Mathematics.
Subject prerequisites

Domestic students who have the mathematics prerequisite but lack confidence in their quantitative skills should complete BEA109 Introduction to Quantitative Methods (or an alternative UTAS foundation or preparatory unit option such as UPP075 Bridging Maths, XAB090 Transition Maths or KMA003 Mathematics Foundation Unit) before enrolling in the core Bachelor of Economics units BEA140 Quantitative Methods or BEA142 Quantitative Economic Analysis.

Special consideration

If your ability to access or participate in education has been affected by circumstances beyond your control, you can apply for special consideration as part of your application. We will consider a range of factors for special consideration, including economic hardship, a serious medical condition or disability.

We can only approve applications for special consideration where we are confident that you have the necessary skills and knowledge to succeed in your studies. If your application is not approved, the UTAS admissions team will work with you to find the best alternative pathway to your chosen course. Special consideration is not available for international applicants.

International applicants

Admissions information for international applicants, including English language requirements, is available from the International Future Students site. You can also enquire online to check your eligibility.

International students who have the mathematics prerequisite but lack confidence in their quantitative skills should complete BEA109 Introduction to Quantitative Methods before enrolling in the core Bachelor of Economics units BEA140 Quantitative Methods or BEA142 Quantitative Economic Analysis.

TSBE offers direct credit for its awards. For example, a current TSBE student wishing to transfer to the BEc with credit and vice versa receives direct credit. Credit for study already undertaken within another degree at UTAS, or at an Australian or overseas tertiary institution, may also be granted.

Depending on the course of study and the majors chosen, students may not be able to use all of the credit that has been granted, for example, credit for unspecified electives.

The application form and more information about the TSBE's guidelines for credit are available at Credit for prior study.

In the case of international students, credit for previous tertiary study will be determined on application and, if granted, included with the Offer of Enrolment.

Detailed admissions information and advice for all undergraduate courses, including comprehensive, course-level student profiles, is available from UTAS Admissions.

Fees & scholarships

Domestic students

Domestic students enrolled in a full fee paying place are charged the Student Services and Amenities Fee but this fee is incorporated in the fees you pay for each unit you enrol in. Full fee paying domestic students do not have to make any additional SSAF payments.

Detailed tuition fee information for domestic students is available at the Domestic Student Fees website, including additional information in relation to a compulsory Student Services and Amenities Fee (SSAF).

International students

International students should refer to the International Students course fees page to get an indicative course cost.

Scholarships

For information on general scholarships available at the University of Tasmania, please visit the scholarships website.

How can we help?

Do you have any questions about choosing a course or applying? Get in touch.

Domestic
1300 363 864
International
+61 3 6226 6200
Email
Course.Info@utas.edu.au
Online
Online enquiries

Next steps