Bachelor of Business (Business Economics)

Upon successful completion of this program, students should be able to: 

1. Acquire and apply discipline specific knowledge and skills related to business and organisations (Discipline Knowledge).
2. Communicate information effectively in written and oral forms with a diverse range of stakeholders (Communication Skills).
3. Apply critical and analytical skills to the identification and evaluation of complex business problems and draw logical conclusions (Critical Skills).
4. Work both independently and collaboratively to achieve agreed team outcomes (Teamwork).

Economics graduates possess financial literacy and analytical skills highly desired by employers in a broad range of occupations and industries, often beyond the discipline of economics itself.

Graduates of this program will be competent business advisors with a strong understanding of business strategy and its implications for modern markets. 

Here are some of the careers projected to grow into 2026*: 

• Management and Organisation Analysts 32.2% 
• Research and Development Manager 23.8% 
• Policy and Planning Manager 5.7%

*Source:  ABS Labour Force Survey, National Skills Commission trend data to May 2022 and projections to 2026.

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 50.

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

Successful completion of 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 course.

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.

The following qualifications are recognised articulating admissions pathways into the B3A Bachelor of Business:

• Diploma of Applied Business
• Associate Degree in Applied Business
• Diploma of Hospitality Management
• Advanced Diploma of Hospitality Management
• Diploma of Marketing & Communication
• Advanced Diploma of Marketing & Communication
• Diploma of Travel and Tourism
• Advanced Diploma of Travel and Tourism
• Diploma of University Studies
• Associate Degree in University Studies

Future-proof your business career with economic prowess

Learn business economics by focusing on contemporary issues in Australia and globally. Explore applied economics topics such as business strategy, behavioural economics, energy economics, regional development, and monetary and fiscal policy.

Economics is a framework for working through complex problems in a variety of settings and provides a set of tools that complements a wide range of academic disciplines. Our business economics major emphasises developing analytical and technical skills as well as communication skills that are highly valued by employers. Economists use data to understand the big questions that face people, organisations, and the world. We have been teaching Economics for over 100 years and have produced some of Australia’s leading experts in the field.

You will study contemporary business economics and develop the analytical and problem-solving skills required to be a successful professional. The economics program prepares students for success in key growth industries across the globe including energy, agriculture, tourism. Studying economics gives students the skills to understand these complex markets as well as the business acumen to succeed in these dynamic industries. The subjects in our Business Economics major are taught by leading researchers in these areas, providing students with the opportunity to work on real-world issues in these industries using real data.

Recommended Study Pattern

For students undertaking full-time study the following study pattern is recommended:

Year 1. 8 subjects in first year including: 

• 4 core subjects
  • TAS-BAA111 People and Organisations
  • TAS-BEA111 Introduction to Markets and the Economy
  • TAS-BEA140 Data Analysis for Business
  • TAS-BFA103 Accountability and Accounting
• 2 major subjects
  • TAS-BEA106 Introduction to Behavioural Economics
  • TAS-BEA121 Economic Policy in Action
• 2 UTAS electives

Year 2. 8 subjects in second year including: 

• 4 core subjects
  • TAS-BAA211 Entrepreneurship
  • TAS-BAA215 Business and Corporate Law
  • TAS-BMA202 Business Strategy
  • TAS-BMA250 Managerial Social Responsibility
• 2 major subjects
  • TAS-BEA205 Economics of Business Strategy
  • TAS-BEA206 Evaluating Alternatives
• 2 UTAS electives

Year 3. 8 subjects in third year including: 

• 4 major subjects
  • TAS-BEA310 Agriculture and Food Economics
  • TAS-BEA313 Energy Economics and Policy
  • TAS-BEA317 Regional Development in a Global Context
  • TAS-BEA320 Monetary and Fiscal Policy
• 4 UTAS electives

Award Requirements

Satisfactory completion of 24 subjects, as required in the schedule, within 3-7 years from commencement.