MajorUndergraduate

ECONOMIC05 Economics

Faculty of Business and Economics

Economics (ECONOMIC05) is a major worth 48 credit points, listing 29 units, taught at Clayton. It is offered in 11 courses, including Bachelor of Commerce; and Bachelor of Commerce and Bachelor of Actuarial Science.

Credit points
48
Units
29
Campus
Clayton
Offered in
11 courses

This is the 2021 handbook entry. See the 2022 entry.

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Requisite map

Overview

Economics provides an advanced knowledge of the theories explaining and analysing the production, distribution, and consumption of goods and services and focuses on how individuals, households, firms and governments interact and how economies work. Microeconomics examines the behaviour of buyers and sellers in the economy, while macroeconomics analyses the entire economy and issues affecting it, including unemployment, inflation, economic growth, and monetary and fiscal policy.

Availability
Economics is listed in the Bachelor of Commerce at Clayton as a major and minor.

Structure

Core units24 credit points
Additional economics units18 credit points
Elective unit6 credit points

Courses that offer it

Learning outcomes

In addition to achieving the broad outcomes of your course, and successfully completing this area of study, you will be able to:
  1. 1

    Have an in-depth knowledge of economic theories, analytical tools, and modelling techniques to a range of contexts

Common questions

Major details

Type
Major
Study level
Undergraduate
Credit points
48
Faculty
Faculty of Business and Economics
Handbook years
202020212022