Bachelor of Economics
Course code/s: LBE Melbourne
Admission requirements
Admission requirements are VCE units 3 and 4 a study score of at least 25 in English (ESL) or 20 in any other English and mathematics (any) with a study score of at least 20. Applicants with comparable qualifications will be considered. A limited number of students may also be considered under Special Entry Schemes.
Degree requirements
Students must complete a course of subjects accumulating at least 360 credit points, including subjects offered in business disciplines by the Faculty of Business, Economics and Law which total at least 300 credit points. The course is designed to be completed within three years of full-time study, although part-time study is possible. Maximum course duration is 7 years.
Students should undertake 120 credit points at each year level and must undertake at least 120 credit points at third year level including 90 credit points at third year level from the School of Economics. Variations to this structure are subject to approval by a Faculty of Business, Economics and Lawcourse adviser.
Course structure
Students must pass the compulsory and elective subjects listed below. All subjects are worth 15 credit points.
First year
|
Teaching period |
Subject title | Subject code |
|---|---|---|
|
TE-SEM-1 or TE-SEM-2 |
Introductory Statistics for Business | ECO1ISB |
|
TE-SEM-1 or TE-SEM-2 |
Macroeconomics | ECO1IMA |
|
TE-SEM-1 or TE-SEM-2 |
Microeconomics | ECO1IMI |
|
TE-SEM-1 or TE-SEM-2 |
Introduction to Quantitative Analysis | ECO2IQA |
|
TE-SEM-1 or TE-SEM-2 |
Two 1st or 2nd year elective subjects | |
|
TTE-SEM-1 or TE-SEM-2 |
Two 1st or 2nd year electives in ECO, FIN, or ACC |
Second year
|
Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-1 or TE-SEM-2 | Introduction to Econometrics | ECO2EME |
| TE-SEM-1 | Microeconomic Theory | ECO2MIT |
| TE-SEM-2 | Macroeconomic Theory | ECO2MAT |
|
TE-SEM-1 or TE-SEM-2 |
Three 2nd or 3rd year electives ECO, FIN, or ACC | |
|
TE-SEM-1 or TE-SEM-2 |
Two 2nd or 3rd year electives |
Third year
|
Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-1 | Microeconomic Analysis | ECO3MIA |
| TE-SEM-2 | Macroeconomic Analysis | ECO3MAA |
|
TE-SEM-1 or TE-SEM-2 |
Four 3rd year electives ECO, FIN, or ACC | |
|
TE-SEM-1 or TE-SEM-2 |
Two 3rd year electives |
Key: Economics subjects include any subjects required for the economics specialisations listed below.
Economics areas of specialisation
(See Student Services in the Faculty of Business, Economics and Law for details of subjects required for specialisations.)
- Macroeconomic Analysis and Policy
- Microeconomic Analysis and Policy
- Business Economics
- International Trade and Finance
- Business Models and Forecasting
- Resource and Environmental Economics
Students intending to undertake honours are advised to take either Time Series Econometrics ECO2EME in their third year.
Professional recognition
By completing approved subjects, graduates may satisfy the educational requirements of the Financial Services Institute of Australasia (FINSIA). See School of Economics for details.