Economics

Economics is the study of production, distribution and consumption for all areas of business and finance and is a social science, where theories are developed and tested, which use evidence to argue for and against explanations, such as a court of law.

Economics helps students to develop logical thought in problem solving, observation and presenting ideas in compelling writing and public speeches.

Majors that emphasize quantitative skills, tend to have graduates with the highest lifetime earnings. Economics, finance and operations and logistics are within the top percentile.

Economics is offered as a major in Deakin's Bachelor of Commerce and combined courses with Commerce.

Shaun Chung-Buckland, Commerce graduate

Shaun Chung-Buckland
Bachelor of Commerce 

'Commerce is a really diverse course and there are a lot of opportunities there - it is not just based on accounting.'


What can you study?

Economics is relevant to the study for a whole range of other disciplines such a business, finance, international markets and trade, health, transport, democracy, the environment, as well as social equity and well-being.  An understanding of economics provides the theoretical foundation for all areas of business and finance.

An economics major in the Bachelor of Commerce will enhance all aspects of your business studies, helping you to understand why economics is so vital to our society. Economics is a social science because it is all based on human behaviour.


Opportunities

An economics major sequence provides the background for careers in the private or public sector in many roles and through such employers as: 

Organisation Field Broad Role
Commonwealth Government Treasury Public Policy / Fiscal PolicyAnalysing data, trends, issues and policy advice
European Central Bank Monetary Policy / Strategy DivisionAnalysis, Policy input
Australian Securities Exchange (ASX) Stock ExchangeAnalysis of trends, Financial modelling, Research
The International Monetary Fund (IMF) Monetary PolicyAnalysis, Econometrics, Forecasting, Modelling, Policy advice, Quantitative analytics, Research
BBC Action Media International JournalismDonor proposals, International relations, International strategy
The Macquarie Group Financial MarketsAdvice, Analysis, Forecasting, Research, Statistical modelling
Goldman Sachs Investment BankingData analysis, Determining market returns, Modelling, Quantitative analysis, Risk assessment, Trend analysis
Louis Berger EnvironmentAnalysis, Environmental impact analysis, Modelling, Policy advice, Research, Statistical research
European Chemicals Agency (ECHA) Social Welfare / Environmental ImpactAnalysis, Policy advice, Research, Risk analysis, Strategic planning
The Canterbury Development Corporation (CDC)Property / ArchitectureAnalysis, Data management, Modelling, Research
Undergraduate (Bachelor) degrees
Bachelor of Arts - Chinese/Bachelor of CommerceCourse information for:Local StudentsInternational Students
Bachelor of Arts/Bachelor of CommerceCourse information for:Local StudentsInternational Students
Bachelor of CommerceCourse information for:Local StudentsInternational Students
Bachelor of Commerce (Honours)Course information for:Local StudentsInternational Students
Bachelor of Commerce /Bachelor of Information SystemsCourse information for:Local StudentsInternational Students
Bachelor of Commerce/Bachelor of LawsCourse information for:Local StudentsInternational Students
Bachelor of Commerce/Bachelor of ScienceCourse information for:Local StudentsInternational Students
Bachelor of International Studies/Bachelor of CommerceCourse information for:Local StudentsInternational Students
Bachelor of Property and Real Estate/Bachelor of CommerceCourse information for:Local StudentsInternational Students
Bachelor of Public Health and Health Promotion/Bachelor of CommerceCourse information for:Local StudentsInternational Students

Why study at Deakin?

International recognition

Deakin's Bachelor of Commerce is internationally recognised and EPAS accredited by the European Foundation for Management Development (EFMD). EPAS is an international quality benchmark for business programs worldwide. Deakin is the only Australian university with EPAS accreditation for its Bachelor of Commerce.

EPAS logo

Professional accreditation

Graduates are eligible for membership of the Economics Society of Australia.

Professional recognition by the Australasian Institute of Banking and Finance is also available.

Study abroad

Gain a competitive edge with an international study experience, and earn credit towards your degree.

The Faculty of Business and Law offers a number of unique study tours throughout the year to destinations such as India, Chile, USA, China and Europe. Or consider one of the many study abroad opportunities offered by Deakin. Find out more.


 

Gain experience while you study

Work experience can make all the difference when you graduate and are applying for jobs. You can gain work experience and credit towards your degree with Work Integrated Learning (WIL). The Faculty of Business and Law offers several flexible WIL programs suitable for most students in all disciplines and levels including those from other faculties and universities. These include business internships, community-based volunteering, work-based learning, team-based learning and industry-based learning. Read more.


Undergraduate and Postgraduate information booklets

UG Course Guide

2016 Undergraduate Course Guide

PDF
(PDF, 3.7 MB)
Business

Undergraduate Business

PDF
(PDF, 3.7 MB)
2016 PG Course Guide

2016 Postgraduate Course Guide

PDF
(PDF, 3.2 MB)

Postgraduate Business and Law

PDF
(PDF, 1.7 MB)
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