Bachelor of Economics [B3B]

Our Bachelor of Economics offers a pathway to major in in either Industry, Policy and Business Strategy or Society and Environment. Both teach you how to better understand the world around you.

Graduating, you'll be able to frame problems through an economics lens, to critically analyse data, and to generate knowledge and innovative recommendations that support policy and practice. You'll develop these skills though real-world learning experiences like corporate internships, report writing, multidisciplinary teamwork, and industry case studies.

• Make a difference with your career. Help solve the economic and financial challenges of the future.
• Learn from leading experts whose links with industry, professional associations, other academics and government ensure that their teaching remains contemporary and relevant.
• Real-world learning. Enrich your degree through hands-on learning experiences:

The Bachelor of Economics at the University of Tasmania builds individual capacity for economic thought, and the ability to apply this mindset to solving problems faced by industry, government and the society at local, national and global levels. Our graduates will have the ability to synthesise information and build empirically-valid models to support economic decision making. They will acquire skills to frame problems through an economics lens, to critically analyse data of relevance, and to generate knowledge and innovative evidence-based recommendations to support policy and practice.

Our curriculum is research-led, with a strong connection to the issues impacting on regional areas such as Tasmania. Throughout the curriculum, we draw heavily on the expertise of our disciplinary scholars to explore areas as diverse as conservation and management of natural resources (such as forests, fisheries and water resources), sustainable energy, social issues (such as housing, health and gambling), economic decisions of individuals and firms and their labour market implications, through to the effects of shocks and contagion on economies. Many of these issues are rooted in human behaviour, and our emerging expertise in behavioural economics allows us to bring psychological insights into understanding such behaviours, equipping our students with fundamental knowledge of the micro foundations underpinning macro phenomena. Our teaching is applied in focus, with a range of authentic learning activities linked to real-world economic situations. We provide a curriculum that nurtures economic ways of thinking and provides a context in which economic ideas are critically examined rather than taken at face value.

The core of the Bachelor of Economics exposes students to foundation principles in economic theory to provide disciplinary depth, while the majors allow students to specialise in the economics of industry and policy or the economics of social and environmental issues. The course also serves as a useful double-degree with many other courses across the University, such as Arts, Science or Law.

All international students will need to meet the minimum English Language Requirements, University General Entry Requirements and any course specific requirements such as pre-requisite subjects, if applicable.

English Language Requirements

This degree requires an IELTS (Academic) of 6.0, with no individual band less than 5.5, or a PTE Academic score of 50, with no score lower than 42 or equivalent.

For students who do not meet the English Language Requirement through citizenship or prior studies in English in an approved country, evidence of an approved English language test completed within the last 2 years must be provided. See the English Language Requirements page for more information.

General Entry Requirements

Admission to undergraduate courses at the University of Tasmania requires the completion of qualifications equivalent to a 12^th year of education in Australia.

Please review the equivalent undergraduate entry requirements to see the minimum requirement relevant to your country. The ATAR information for this course is located in the For Domestic Students” section of the entry requirements on this page.

You can also meet the General Entry Requirement for this course with the following qualifications or prior studies:

• Completion of an equivalent AQF Certificate IV or above
• Complete or incomplete (minimum 25 credit points) of previous tertiary study at Bachelor level or higher

If you do not meet the minimum requirements, we offer the Foundation Studies Program.

Course Specific Requirements

This course does not have any course specific requirements.

• All methods of meeting University of Tasmania English language requirements have a validity period of 2 years unless involving a country specific qualification as listed below.
• Each course offered by the University of Tasmania has a minimum English language requirement for entry as listed below. Applicants must also meet the academic entry requirements for each course.
• Applicants who qualify from a University of Tasmania program, and intend to gain professional registration to become a practitioner in Australia, may need to meet the relevant Professional Accrediting Agency's English language registration standard.
• In exceptional circumstances or cases not covered by the categories outlined below, multiple forms of evidence may be considered on a case by case basis by the Executive Director, Student Operations in consultation with the Director, Academic Quality and Standards.
• The University reserves the right to require that any applicant be required to undergo a test of English language.

A Bachelor of Economics is a degree which will enable you to make a difference with your career and prepare you for the future of work. Economics graduates work in a broad range of occupations and industries, often beyond the discipline of economics itself, and are highly sought after by employers who value their economic literacy and analytical skills.

Our Bachelor of Economics gives you both job-specific and transferrable skills. You'll gain job-specific skills in your major area of study, so you're ready to enter the workforce in a wide variety of careers where you want to make a difference including: International Development, Health, Environment, Business, Banking, Finance, Public Policy, Inter-Governmental Affairs, and Diplomacy.

Transferrable skills set you up for long-term success. We provide you with a detailed understanding of how decisions are made by individuals, firms, and governments through analysis of a broad range of micro- and macro-economic settings and teach you analytical thinking and evidence-based decision making, so you can adapt as the job market evolves.

Here are some of the careers projected to grow into 2024:

• Management and Organisation Analysts: 24.7%
• Policy and Planning Managers: 10.8%
• Research and Development Managers: 10%
• Business Administration Managers: 12.1%

Source - Department of Employment, Skills, Small and Family Business five Year projections from May 2019 to May 2024.

Postgraduate study

If you successfully complete this course, you may be also be eligible to apply for a range of other postgraduate courses including Graduate Certificates and Graduate Diplomas and Masters by coursework and research.

Professional Recognition

The Tasmanian School of Business and Economics (TSBE) at the University of Tasmania has been accredited by AACSB International, the highest standard of achievement for business schools worldwide. AACSB is the world's leading accreditation program for post-secondary business schools, with only 5 per cent currently accredited.

While undertaking the Bachelor of Economics degree, students can apply to become special members of the Economics Society of Australia.