Search : Index : Faculty of Arts

Faculty of Arts

 Economics


Table of Contents

1. Faculty of Arts requirements
2. Subjects offered
3. Requirements of a major
4. Entry to Honours
    4.1. Third Year (Intending Honours Students)
5. Honours requirements
6. Combined Honours Arts degree - Economics and Department X

 1. Faculty of Arts requirements

Students undertaking the Bachelor of Arts are normally permitted to enrol in approved subjects offered by other faculties. However, there is a requirement that students complete the following minimum number of points in departments within the Faculty of Arts:

In most cases, students wishing to undertake a major in another faculty will be able to do so, but they will need to plan their course carefully to ensure they meet both departmental prerequisites and Faculty requirements.

Combined course students will not normally be eligible to enrol in any subject(s) in this area of study; please consult an Arts Faculty Course Adviser for further information.

 2. Subjects offered

Arts students may take individual subjects from the following or undertake a major as noted below. Unless otherwise specified, all Economics subjects are worth 12.5 points at levels 1, 2 and 3. (For further details of these subjects, please refer to the Economics section of entries for the Faculty of Economics and Commerce in this handbook.)

Subjects offered
First yearSemester
 316-101 Introductory Macroeconomics1 or 2
 316-102 Introductory Microeconomics1 or 2
 316-129 Business Statistics2
 316-130 Quantitative Methods 12
Second year
 316-201 Intermediate Macroeconomics2
 316-202 Intermediate Microeconomics1
 316-205 Introductory Econometrics1
 316-206 Quantitative Methods 21
 316-207 Mathematical Economics2
 316-208 Economics of the Environment2
Third year
 316-301 International Economics2
 316-302 Economic Development1
 316-303 Industrial Economics2
 316-304 Social Economics2
 316-305 Public Finance1
 316-306 Money and Banking1
 316-307 Labour Economicsn/a
 316-309 Agricultural Economics1
 316-311 Development of Classical and Neoclassical Economicsn/a
 316-312 Macroeconomics1
 316-313 Microeconomics1
 316-316 Basic Econometrics1
 316-317 Econometrics1
 316-318 Applied Econometric Modelling2
 316-319 Economic Development of East Asia2
 316-321 Chinese Economyn/a
 316-323 Privatisation and Regulation2
 316-324 Environmental Economics1
 316-325 Ecological Economics2
 316-326 Economic Analysis and Policyn/a
 316-327 Business Applications of Economicsn/a
 316-350 Time Series Analysis and Forecasting2
 316-351 Economics of Financial Markets2
 316-352 Quantitative Business Analysis2

 3. Requirements of a major

A major in Economics in the Bachelor of Arts (ordinary) degree comprises the following:

First year: 316-101 Introductory Macroeconomics and 316-102 Introductory Microeconomics and one of either 316-129 Business Statistics or 316-130 Quantitative Methods 1 (12.5 points per subject).

Second year: 316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics and one of either 316-205 Introductory Econometrics or 316-206 Quantitative Methods 2 (12.5 points per subject).

Third year: Four 300-level subjects offered by the Department of Economics (50 points).

 4. Entry to Honours

Students intending to do the honours year in Economics are required to take specific subjects in third-year. Entry to the fourth-year normally requires that students obtain at least an average second class honours result in third year. Students should also have averaged at least second class honours in subjects taken in the Department of Economics in their first two years.

The Faculty of Arts will not admit to the Honours School a candidate who has previously graduated Bachelor of Commerce (honours or ordinary degree).

 4.1. Third Year (Intending Honours Students)

Arts students must undertake 50 points of Economics (four subjects), and 50 points in a discipline taught by a budget department of the Faculty of Arts. Provisionally enrolled students in the third year are required to undertake:

Permission may be granted to substitute other level 3 Economics subjects for up to two of the subjects (except 316-313) listed above. The omitted subjects must then be taken as part of the fourth-year of the honours degree in Economics.

For details of honours enrolment and third-year requirements, please refer to the requirements set out in the Faculty of Economics and Commerce entry in this volume of the Handbook.

 5. Honours requirements

Students admitted to the fourth-year of the honours degree are required to complete:

Honours subjects:
 316-468 General Equilibrium and Welfare Economics1
 Three further subjects chosen from: 
 316-325 Ecological Economics2
 316-449 Financial Econometrics2
 316-450 Game Theory and Information Economics2
 316-451 Modelling the Australian Macroeconomy1
 316-460 Advanced Restrictive Trade Practices1
 316-462 Public Economics2
 316-463 Development Economics2
 316-466 Monetary Economics1
 316-467 Issues in Microeconomic Analysis and Policy1
 316-469 Financial Economics2
 316-470 Econometric Techniques1
 316-476 Special Topics in Economic Analysisn/a
 Two approved subjects chosen from level 3 and level 4 subjects or another approved double-semester subject, and 
 316-475 Economics Research EssayAll year

Note: Students intending to undertake an honours degree should pay careful attention to subject prerequisites. See the Faculty of Economics and Commerce entry in this volume.

 6. Combined Honours Arts degree - Economics and Department X

Arts honours degree candidates are able to pursue honours courses in which Economics is combined with another discipline taught by a budget department of the Faculty of Arts. The following combined honours courses are available: Economics and History, Economics and Philosophy, and Economics and Political Science. Other combinations may be considered. In all cases, candidates are required to obtain approval from the heads of the departments concerned and the Faculty of Arts.

The third year of the Combined Honours course is as listed under the third-year Provisional Honours enrolment section above. Students must also fulfil the prerequisite requirements for entry to honours in the Arts discipline.

In fourth-year the Economics component of the combined honours course is those subjects listed in sections (i) and (ii) under Fourth-year above. However, when two other level 3 Economics subjects have been substituted for two of the subjects which normally comprise section (ii) of provisional honours enrolment, the subjects that were replaced must normally be included as part of section (ii) in fourth-year. 316-313 may not be deferred to fourth-year.



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