Economics major - Bachelor of Business

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Economics major - Bachelor of Business

Economics is fundamental to all areas of business operations and government policies. This major will help you to develop a sound understanding of economic principles and concepts that provide insight into strategic analysis, pricing policies, company organisation and structure, and competitive advantage.

Bachelor of Business: degree outline

Overview

The economics major provides the skills needed for analysing and implementing solutions to many of the critical problems facing society today. It offers ways of thinking about how individuals, firms and governments make essential decisions about allocating increasingly scarce resources.

You will gain insights into international trade and foreign currency exchange markets, learn how prices can alter consumer and producer behaviour and analyse data to forecast economic outcomes.

What this major covers

Year One

You will learn about ‘doing business’ and will gain an understanding of core business disciplines and how they interact and impact on each other. Disciplines covered include: accounting; marketing; finance; economics;
management; law; and social science.

This gives you a solid grounding for further study in your chosen major(s).

Further information about the Bachelor of Business first year

Year Two

You will study the papers required for your chosen major(s).

Year Three

The final year combines completion of academic study with applying it to actual business situations. You will complete a three month work placement for an organisation of your choice.

This provides invaluable business experience, allowing you to put theory into practice and it will prepare you for a smooth transition into employment after you graduate.