Undergraduate TAS-ECO-DEG-2024
Bachelor of Economics
Gain a competitive advantage with an economics degree
Unlock careers in business and the broader community. Grow your mindset to solve problems faced by industry, government, and society. This degree teaches you the foundation principles in economic theory plus a specialisation of your choice.
Available loans
Australian Higher Education Loan Program (HELP)
Study method
100% online
Price
From
$42,350
Total subjects
24
Assessments
100% online
CSP Available
Yes
Credit available
Yes
Applications Close
- 07 Jul 24
Wherever you are, the University of Tasmania brings its island campus to you through a growing range of online programs across art and design, business, education, health, science, sustainability, technology, and more. It’s never too late to switch things up. Kickstart that career you’ve been dreaming about, or upskill for the one you’re in. You’ll also become a part of the world's leading university on climate action.
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QS Ranking 2024
20
Times Higher Education Ranking 2024
19
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Degree structure
Core subjects
Major subjects
Elective subjects
Degree
Degree details
What you'll learn
Upon successful completion of this program, students should be able to:
- Collect, analyse and interpret data combined with the application of a broad theoretical and practical knowledge of economics to make evidence-based decisions.
- Communicate economic reasoning, knowledge, ideas and empirical evidence in ways appropriate to the audience, purpose and context.
- Critically evaluate economic problems and assess policy issues, using a broad range of economic tools.
- Collaboratively interact with peers to reflect on ethical issues and the potential differential impacts of economic policies across local, national or international economies.
Career opportunities
Economics graduates work in a range of occupations and industries. They are highly sought after by employers who value economic literacy and analytical 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. These include international development, health, environment, business, banking, finance, public policy, inter-governmental affairs, and diplomacy.
Here are some of the careers projected to grow into 2026*:
- Intelligence and Policy Analysts: 8.7%
- Research and Development Managers: 23.8%
- Monetary and Banking Managers: 11.7%
*Labour Market Insights five year projections from November 2021 to November 2026.
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.
Entry requirements
Higher education via OUA
Successful completion of any two OUA open access subjects of study at the equivalent AQF level, unless otherwise specified
Higher education
- Partially completed an undergraduate course at Diploma level or higher (or equivalent). You must have completed at least two subjects of study (equivalent to 25 UTAS credit points) at 100 level or higher and which may include 100 level subjects completed in the UTAS Diploma of University Studies. If you have failed any subjects, your application may be subject to further review before an offer is made; OR
- Completed the UTAS University Preparation Program (or an equivalent qualification offered by an Australian University).
Secondary education
This course uses ATAR and equivalent ranks as part of the admission process. In 2024, the minimum ATAR required is 65.
Applicants who have recently completed senior secondary studies but have not received an ATAR may still be eligible for admission. We will consider your individual subject results on a case-by-case basis when we assess your application.
VET studies
Completed Certificate IV or higher (or equivalent) in any discipline.
Work and Life
Applicants without senior secondary, tertiary or VET / TAFE study can complete a personal competency statement. Applicants may be eligible for an offer if they have relevant work and / or life experiences which demonstrate a capacity to succeed in this program.
Credit for previous study or work
You may be eligible for advanced standing (i.e. credit) in this degree if you:
- Have completed an award such as a Diploma or Advanced Diploma from the University or another institution;
- Are currently studying another Bachelor degree at the University or at another institution;
- Have completed a Bachelor degree at the University or an equivalent award from another institution.
Description
Be rewarded in the workplace with real-world learning
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 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 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 inform policy and practice. You’ll develop these skills though real-world learning experiences like corporate internships, report writing, multidisciplinary teamwork, and industry case studies.
Degree structure details
Recommended Study Pattern
For students undertaking full-time study the following study pattern is recommended. If students are undertaking part-time study, we recommend that students complete all first year compulsory subjects prior to completing elective subjects to maximise success.
- Year 1. 8 Subjects in first year including:
- 4 Core subjects:
- TAS-BEA106 Introduction to Behavioural Economics
- TAS-BEA111 Introduction to Markets and the Economy
- TAS-BEA121 Economic Policy in Action
- TAS-BEA140 Data Analysis for Business
- 2 Subjects from one of the 2 majors:
- Society and Environment
- TAS-BEA102 Economics of Social Issues
- TAS-BEA103 Ecosystem Services
- Industry, Policy and Business Strategy
- TAS-BEA104 Game Theory for Business and Social Sciences
- TAS-BEA105 International Economics
- Society and Environment
- 2 UTAS electives
- 4 Core subjects:
- Year 2. 8 Subjects in second year including:
- 4 Core subjects:
- TAS-BEA200 Public Policy and Welfare
- TAS-BEA206 Evaluating Alternatives
- TAS-BEA220 Growth and Development
- TAS-BEA242 Introduction to Econometrics
- 2 Subjects from one of the 2 majors:
- Society and Environment
- TAS-BEA203 Behavioural and Experimental Economics
- TAS-BEA207 Natural Resource Economics
- Industry, Policy and Business Strategy
- TAS-BEA203 Behavioural and Experimental Economics
- TAS-BEA205 Economics of Business Strategy
- Society and Environment
- 2 UTAS electives
- 4 Core subjects:
- Year 3. 8 Subjects in third year including:
- 4 Subjects from one of the 2 majors:
- Society and Environment
- TAS-BEA311 Economics of Health and Wellbeing
- TAS-BEA313 Energy Economics and Policy
- TAS-BEA316 Economics of Place: Culture, Communities and Opportunities
- TAS-BEA317 Regional Development in a Global Context
- Industry, Policy and Business Strategy
- TAS-BEA310 Agriculture and Food Economics
- TAS-BEA313 Energy Economics and Policy
- TAS-BEA320 Monetary and Fiscal Policy
- TAS-BEA342 Forecasting for Economic Decision-Making
- Society and Environment
- 4 UTAS electives
- 4 Subjects from one of the 2 majors:
Award Requirements
Satisfactory completion of 24 subjects, as required in the schedule, within 3-7 years from commencement.
Easy apply
You can apply direct through Open Universities Australia.
Once you've checked your eligibility, apply and enrol for this degree following the steps. This degree also allows you to get started with Open access.
Select ‘Apply now’
Choose subjects to begin your application. You can choose 1 or 2 subjects to start.
Choose how you want to start
You can apply for the full degree or if you want to start with Open access, enrol into the subjects using the ‘Single subjects’ option.
You can apply for the degree later and the subjects may be credited towards the degree.
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Provide your details and select a funding option. You can pay up-front or apply for government funding in your application.
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Open access
This degree offers Open access entry, exclusive to Open Universities Australia.
There’s more than one way to get a degree. Open access allows you to start with single subjects as a way into eligible degrees, regardless of your study history.
Enrol into and complete the required Open access subjects to earn entry in this degree. Most subjects have no entry requirements, are fully government funded (if you’re eligible) and may be credited when you start the degree.
The best part? You can enrol and get started with single subjects now.